How Is Point Different?
You don’t invest in property for the fun it. You are doing it to achieve a lifestyle goal; so you can live without having to work; provide for kids education; provide a deposit for a house for your kids; to support a charity. Whatever your motivation – the better your portfolio performs the faster you…
Read MoreWhy A Capital Gains Tax Will Have A Minimal Impact
For years people have asked me, as a financial advisor and co-director of Erskine + Owen, if I thought a capital gains tax would come in at any point. I’ve always said it’s possible, but it would have zero to minimal impact on house prices, certainly in the medium to long term. Here we are…
Read MoreThe Residential Tenancies (Prohibiting Letting Fees) Amendment Act has now been passed to remove letting fees for tenants who rent homes. Letting fees are normally the equivalent of one week’s rent (excl. GST) and paid at the beginning of a tenancy as an upfront cost to the property manager. From 12 December 2018, tenants cannot…
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