If he is doing it to avoid his missus getting her hands on it, it will be a waste of time.
With new budget info: change comment on "Data" sheet, cell E60 from $50,000 to $25,000 which is the new concessional contribution cap for people...
all the personal financial data in it is fictional (salary, investments etc.), I have my own copy with all my own data in it, but the tax rates,...
The rental income, and the rental expenses are there as an example of how I think it would fit into things. I assume when you get rental income...
bella submitted a new resource: Tax 0910 spreadsheet - Tax 0910 spreadsheet I have updated my groovy tax spreadsheet for 2009/2010 planning....
This is one strategy I have milked over the last 4 or so years. I have also used it to avoid the medicare surcharge by sacrificing down to under...
For accounting purposes, make sure your investment borrowings are kept separate from your mortgage - see if the bank will let you set up a...
It's cheaper to buy than rent in 74 suburbs, but there are more than 74 suburbs in Australia; does that mean it is cheaper to rent than buy...
CBA written response to 60 Minutes - Interesting reading... I was dissapointed with 60 Minutes story last night, typical tabloid crap....
What do they mean by 'rising rents'? Does this mean rising rents in an absolute sense (eg. average or median rent the same way they measure house...
I bet they end up extending the grant, probably indefinitely, or at least until the economic turmoil is behind us. It will hurt the industry too...
People often start out buying investment properties in order to build up enough equity to eventually buy their home. The only difference in the...
online savings account sounds best. remember when comparing term deposits vs. online savings accounts that the interest is calculated...
I dunno, those tips are probably good if you are buying an investment property. But if you are buying a home to live in wouldn't emotional...
I don't know about LIC, but the choice between an index managed fund vs. EFT can come down to management fees vs. brokerage. If you are buying...
hmmm, wasn't that the whole idea behind the original first-home buyers grant? To help the building industry, more specifically to offset the...
Rudd is trying to kill two birds with one stone - stimulate the economy/employment and increase the supply of housing. I don't think it is...
One other disadvantage in waiting for a better deal (if you wait till after end of the financial year that is) is that it will be longer before...
I was going to open one of these accounts - not that I want to buy a home - but it would be good to get some tax effective savings that I can...
Here are some cultural theories I have; 1. Share investors are less likely to talk about their investments than property investors. Thus you...
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