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Monthly Archive for August, 2012

A BIG chunk of Australia’s 1.75 million real estate investors could earn themselves thousands of extra dollars each year by taking a closer look at their tax deductions. It is estimated at least half of investors do not claim all possible depreciation-related deductions. For a new, median-priced house, these can typically be $8000 to $17,000 […]

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Mindfulness is the latest buzzword in psychology and self-help books. "Basically it’s a state of awareness where one is fully attentive to the present moment and it can be practised through meditation," psychologist Sarah Edelman says. Enter Japanese gardens: with their tranquil, meditative feel, they are the perfect fit for this centuries-old Buddhist tradition. And […]

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Reverse Auction

Ever heard of a real estate auction being conducted in reverse? Well, it’s not actually such a whacky concept, not at least for one optimistic business owner in the NSW southern highlands. The basic concept of a reverse auction is that the price comes down, rather than goes up, and the first person with their […]

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Interest rates on home loans are currently at close to record low levels. However, anyone keeping a keen eye on interest rate movements will have noticed that since the beginning of the GFC in 2009 the relationship between official interest rates and mortgage rates appears to have altered. Prior to the GFC, when the Reserve […]

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Make Your Kitchen Work

With a kitchen renovation the key to a fantastic result is making the design work and fit your daily routine. This applies to culinary experts who entertain frequently as well as those just keen to feed their hungry families. Design Hints Latest trends lean towards seamless finishes for bench tops surfaces and cabinetry without handles. […]

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Latest news

The Reserve Bank of Australia (RBA) has left the cash rate on hold at 3.5% for the second meeting in a row. RBA governor Glenn Stevens said that moderate growth in the domestic economy, plus earlier cash rate cuts had prompted the decision. "As a result of the sequence of earlier decisions, monetary policy is […]

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Save Money on Your Power Bills

It’s no secret that electricity prices increased from July 1 with the introduction of the federal government’s carbon tax. The Victorian Government’s Energy Saver Incentive Program is aimed at helping households reduce their energy output and thus stay on top of unwanted price rises. Discounts and special offers are available on selected energy saving products […]

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The data gathered from the 2011 census has been able to shed interesting light on the current structure of home ownership in Australia and how it has changed over time. In the 1961 census, the metropolitan area of Melbourne had 518,476 occupied dwellings, compare with 1.49 million last year. Whilst this is an expected increase […]

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If you’re thinking about taking out a new home loan remember this: there’s a big difference between what the banks say you can borrow and how much you should. The common definition of ”mortgage stress” is this: if you spend more than 30 per cent of your pre-tax income on your home loan repayments, then […]

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