Borrowing Money For Renovations: What You Need To Know

You’ve been dreaming of that new kitchen and dining room for as long as you can remember, and now the time has come to put your plans in motion. But do you really have the budget to afford the works? Here are a few things to think about before making the leap from Pinterest board to blueprints. Work out your budget Before you look at borrowing any money, you first need to work out how much your renovation will cost. Get Ask An Architect to send you their comprehensive guide to costing a renovation. Before your finalise your plans, you can arrange for a building inspector to help identify any structural work that might be needed. Major work could significantly increase your budget, so it may

Herron Todd White Month in Review - June 2018

Welcome to the approach of EOFY. This mid-point of the year is an excellent time to take stock and see where the remainder of 2018 will lead. There are some significant events ahead for the rest of this year–the possibility of a Federal Election remains on the cards as at the time of writing–so gearing up to see out the annum is important. This month, the Herron Todd White offices have provided a comprehensive guide on how our nation’s property markets are performing, and where they're likely to go in the next six months. Brisbane’s stable property market performance is on display once more as we approach the middle of 2018. There were expectations that Brisbane could ramp up beyond

Why good tenants are more important than you think

Given you don’t have to spend much time with your tenants, you may think it’s not important who they are. If they pay their rent on time, they’re ok – right? Not quite. Good tenants can actually mean the difference between a high and a low-performing investment. In fact, finding a great tenant may be just as important as finding the perfect location for your investment property. Here are some reasons why it’s worth trying to attract high-quality tenants. Minimise your maintenance costs Good tenants will treat your property like it’s their own, so you’re less likely to find unpleasant surprises when they leave. By respecting your investment and keeping it clean and tidy, it will show less we

RBA Interest Rate Decision June 2018

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy has strengthened over the past year. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. The Chinese economy continues to grow solidly, with the authorities paying increased attention to the risks in the financial sector and the sustainability of growth. Globally, inflation remains low, although it has increased in some economies and further increases are expected given the tight labour markets. As conditions have improved in the global economy, a number of central banks have withdrawn some monetary stimulus and further steps in this dire

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