Decisions, Decisions...

Decisions, Decisions...

Everyday our brain makes multiple decisions. These decisions compound to make us who we are, determining our fitness level, our health and our wealth.

We all know that one day of good decision-making in diet and fitness will not affect our overall health and well-being. It takes time, and commitment. The compound effect of good decisions made day after day is undeniable.

So it is with your financial decisions, which will determine your long term wealth.

Federal budget 2021-22: Increasing home ownership on the coalition’s terms

Federal budget 2021-22: Increasing home ownership on the coalition’s terms

Housing affordability is becoming an increasing concern for first home buyers and policy makers amid recent, rapid price increases in housing values. But the double-edged sword of reducing housing values to make them more affordable, is that housing also makes up the majority of Australian household wealth; make housing more affordable for one Australian, and we risk reducing the wealth for another.

Housing Boom

Housing Boom

Continuing to be a major story - Property owners are happy! House prices are booming. So much for ‘expert’ predictions of a 40% collapse!

Interest rates at 2% are a major driver. Despite low wages growth, housing interest payments have dropped from over 10% of income, to now only being 5% of income, the lowest since 2002. Affordability of repayments is no longer such a problem.