Investors in residential property may have to rethink their revenue strategies, following the commencement of new short-term rental accommodation rules in New South Wales last month. The tightening of the rules in NSW follows a similar move in Victoria last year. Western Australia has plans in development. The new rules, which cover rentals for three…
This week I had the pleasure (not sure if that is the best word) of settling on the sale of our first home. An interesting experience at the best of times, let alone amid the COVID-19 shutdown. The entire settlement was completed virtually via the PEXA platform and could not have been more seamless. Given…
ASX shares opened lower on Friday with the All Ords index down 3% before midday on Friday, following overseas markets downward.
The Australian share market open and All Ordinaries index opened 3% lower on Friday following overseas markets downward. Here’s what’s happening…
Overseas on Wednesday reports suggest the US economy shrank at an annual rate of 4.8% in the first quarter, confirming the worst fears that the world’s largest economy is already in a recession. This was much worse than the 3.5% expected.
The Australian share market and ASX 200 (ASX: XJO) index is expected to open higher on Wednesday morning. Here are the three things you need to know…
You may remember us writing about the ‘diversified’ development, construction and property management business Lend Lease Group.
The Australian share market and ASX 200 is tipped to open marginally higher today with SPI futures nudging higher following overnight gains on Wall St.
In a sea of potential contrarian trades, oil is one that stands out. The North American West Texas Intermediate (WTI) benchmark has lost more than 75 per cent since the start of 2020, seeing it fall to its lowest price since 2002. The European Brent grade has dropped by almost 65 per cent. They are…
What is the value of an investment portfolio? Expectations today are that one can log into a system and have a reasonably accurate snapshot of wealth, allowing for a few days or possibly monthly pricing differential for some asset classes. That may create a misleading picture. As has been well publicised, industry super funds are…
