Australia inflation rate has continued to undershoot Reserve Bank expectations with the cost of living rising by 1.7 per cent over the year to the end of September.
When you apply for a home loan, the lender will request a wide range of information from you. A lender needs to be sure that you’ll be able to meet your repayments and comfortably service the loan, so you’ll need to provide information about your income, your assets and your liabilities.
Is your Business Sale Ready?
1: Know your Business,
It’s a fundamental requirement to know and understand your numbers: past, current and by way of a forecast at least the next 12 months and ideally 3 years. Management accounts should be completed and produced in a timely manner. These should include adjustments for pre-payments and accruals – the profit for the period under review should reflect what’s happened. The balance sheet should balance be up to date. Assets recorded in your depreciation schedule should be current and still in possession of the business.
Interested in property investment?
If so you probably want to make sure your portfolio is successful and will grow in value.
But with so many pieces to the property research puzzle, how do you make the right decisions to ensure positive outcomes?
I believe demographics will hold the key to the future of our property markets.
How many of us there are, how we want to live and where we want to live will be a more important factor shaping our future property markets than the short term ups and downs of supply and demand, consumer sentiment or interest rates.
This means understanding Australia’s lifestyle and demographic trends will provide you with the type of insight you need for constructing a successful property investment portfolio.