Noel Whittaker's Blog
By Noel Whittaker
The Chinese “Curse” is “may you live in interesting times” and the coming year promises to be just as interesting as last year. In Australia, a change of government is a strong possibility which opens up the possibility of significant changes to franking credits, negative gearing, and capital gains tax. On the international scene, the …
Christmas is nearly upon us – unfortunately, it’s potentially the most dangerous and most frustrating time of the year. You can spend eleven months doing all the right things and making solid progress, and then find all your good work destroyed as the holiday season hits and you get caught up in the inevitable spiral …
I have often heard older people talk about the way the pension system used to be. According to their recollections, part of the income tax you paid was supposed to be hived off and credited to a separate fund, out of which you would receive a pension for life. Because it was all so vague, …
I recently received an email pointing out that I often recommend interest-only loans for investment, and asking what the purpose of the strategy is. In the reader’s view, it seemed futile to take out a loan that you would never pay back. The purpose of using an interest-only loan is to minimise your monthly interest …
Today we’ll talk about a strategy that can help you build wealth – borrowing. Most Australians borrow – either for logical or emotional reasons. A logical reason is to buy a home now because you believe there will be long term growth – an emotional one is to get that latest big screen TV today …