Property

Should We Downsize Our Home?

You will often hear it said that the family home is a tax-free investment. This reflects the fact that there is no capital gains tax paid on your principal residence when you sell it. But capital gains tax is only part of the story. There is more than one way for tax to be incurred, and an often-overlooked tax might be partly the reason for the current boom in house prices.

Financial Plan in Your 60s – Home, Super, Debts, Centrelink and Inheritance

We love reading those ‘Dear Abbey’ type letters to the newspaper. Especially the financial ones. Here is a classic we read recently about financial plan for a couple nearing retirement – and what we would do if this were our client.

Best Way to Help Family Buy a Property

Rising house prices are great news for people who already have a home, but not so good for those yet to buy. This week, we look at ways that families can work together to make buying a home a reality.