The Blogs that appear on this page may be sourced from outdated material so please seek appropriate professional advice. The blog material is in no way intended to be personal financial planning advice.

Catherines Chat

Wholistic Financial Solutions provides a lot of essential information and updates regarding the property investment industry. Check this page for the updates.

Mackay Property Market on the Rise

Tuesday, October 01, 2013

 

It appears the Mackay property cycle is on the up, with respected property commentator Michael Matusik and independent property valuation and advisory group Herron Todd White recently indicating the Mackay market is in the 'recovery' or 'rising market' phase of the property cycle.

Click here to view the attached article for the stats and figures.

Race for Hope - 2 weeks to go!

Friday, September 27, 2013

It’s just over 2 weeks until the annual Race for Hope is set to take place. This year, Race for Hope is a 3km or 8km walk/run beginning at the Kirra SLSC.

By sponsering a runner and/or walker you are helping 100% hOPE raise funds to continue the construction of a nursery (preschool) and purchase a ute for orphaned and underprivileged children in Uganda.

Trishelle and the children will be running in Uganda on the same day and would love your support so if you can’t make it, you can sponsor them here: http://www.mycause.com.au/page/hopekidsuganda

Together we can make a difference to give these children in Uganda a future and a hope.

 

The Future Remains Bright for Mackay, Gladstone and Townsville

Friday, September 13, 2013

There are currently many investors who purchased in regional areas of QLD and have been disappointed by having to accept lower than anticipated rental returns. Negative media about the end of the resources boom have also left these investors thinking that they have made a bad investment choice. However now is not the time to panic.

When you dig deeper into what is actually happening in these regions and look at the longer term the future prospects for cities like Gladstone, Mackay, Emerald, Rockhampton and Townsville remain incredibly strong. We may have passed the peak of the investment stage but we are yet to begin receiving the billions of dollars of income once exporting begins. And we still have some massive projects due to commence that will employ thousands of workers.

Please see the following link to an article from Terry Ryder suggesting that bright days are ahead;

http://m.propertyobserver.com.au/residential/rocky-on-the-rise-as-gladstone-stumbles-terry-ryder-hotspotting-rockhampton-gladstone/2013052261590

The short term over supply of rental properties in Gladstone and Mackay should be absorbed by early next year. It may take awhile for rents to get back to their peak levels but the potential for above average capital growth remains very strong. The Gladstone metropolitan area is fast running out of land that can be developed at an affordable price. Most future development will be around 20 minutes away in Boyne Island/ Tannum Sands or Calliope. While there is more land around Mackay capable of being developed you are no doubt aware of how long it takes for the Mackay council and local developers to bring the land to market. And most land left is either low lying or very hilly, meaning the cost to deliver lots is higher.

We are very confident is the medium to long term prospects for these regions an hope that investors can be patient. If they hang on happy days are ahead.

 

By: Chris Halpin

Who Said Mackay is Over!

Monday, September 09, 2013

 

The train is departing, All aboard!

The Daily Mercury yesterday announced the opening of a BHP Daunia mine and has created over 900 jobs while boosting the economy by $1.4 billion.

Relate this to another story they printed yesterday informing us of another airport upgrade which backs up the recent million dollar refurbishment.

"Mackay's perfectly positioned to be Central Queensland's integrated transport hub, so we're in the sweet spot for the Bowen Basin. Mackay is the capital of the Whitsundays so this is the place that people want to come through."

Now, combine all of this good press with the attached housing boom predicted from the election and we have the perfect storm for buyers to invest in Mackay.

See all three articles here:

  1. Airport Upgrade
  2. Daunia Mine Creates Over 900 Jobs
  3. Abbott will Trigger a Housing Boom

Specific Property Advice - Press Release

Friday, September 06, 2013

Here is a press article link about HNW Planning and an exciting initiative with direct property:

http://www.wealthprofessional.com.au/news/firm-delves-into-property-advice-178917.aspx .

It’s mostly but not entirely accurate. 

There will be education and professional membership standards required before you can start to provide Specific Property Advice. We will publish these details as soon as possible. We are trying to time the publishing of details, re-writing of Controlled Documents and other requirements to a second important initiative that’s being explored. 

Being able to offer Specific Property Advice may be a great way for you to increase your revenue. There are many clients who need specific property advice and there is no real source of that professional advice that is not otherwise limited in what that adviser can say or do OR who actually represent the vendor. Examples may include:

  • How to manage a property in old age (aged care) scenarios
  • Young couple seeking a strategy to enter the property market (buy big now or buy little and upgrade later)
  • Mature investors
  • Up-graders looking for strategies to minimise their personal debts when transacting on properties
  • SMSF property investors.

Significant Opportunities

With two thirds of wealth in property, opportunities are significant. 

And because you'll be able to advise on old and new property you’ll be able to strike up meaningful relationships with suburban real estate agents. 

Note that there are no exclusive arrangements as implied in the article but those mentioned in the article have been of great assistance to the process of gaining the new PI Insurance. 

Remember - Specific Advice can’t be done without training and professional membership. Details to follow as soon as possible. 

Kind regards,

 

David Hamblin

Operations Manager

 

HNW Planning Pty Ltd AFSL 225216

Race of Hope!

Monday, September 02, 2013

http://www.mycause.com.au/page/hopekidsuganda

 

On Saturday 12 October the kids and I of 100% Hope are running our own Race for Hope here in Uganda to raise funds for the construction of a nursery (preschool) for 240 orphaned and underprivileged children here in Uganda.

We would greatly appreciate your support and kindly request that you consider sponsoring us to run the Race for Hope. Every dollar donated (minus bank charges) will come directly here to Uganda and be spent on the construction of the nursery. Plus it's 100% tax deductible.

Click on the link below to visit our Fundraising Page where you can donate and leave a message to support the kids and I.

Thanks for supporting our efforts in raising money for this cause!

PS. If you live on the Gold Coast then why don't you consider joining in the Race for Hope there on the 12th October at Kirra SLSC starting at 7am.

 

Click here to support my cause

 

New Generation Seeks Property

Tuesday, August 27, 2013

The Global Financial Crisis (GFC) has spooked the younger generation into shaking off the party lifestyle and instead aspiring to own property to ensure financial stability, according to recently released research.

The Future Leaders Index is a groundbreaking research series lifting the lid on the views of over 2000 young, educated Australians.

The results point to the rise of 'Generation Sensible' or 'Gen S' - a demographic of 17-29 year-old university students that is both conservative and traditional, as well as being fiercely family-orientated.

Overall, it seems that the younger generation has changed priorities. Having been spooked by the GFC, they now want financial security - 94 per cent are saving to buy property rather than pursuing the party lifestyle, with only 5 per cent of their income spent on socialising.

 

Author: Property Week

Demand Continues to Outweigh Supply

Monday, August 19, 2013

Rental vacancies in South-East Queensland are being squeezed as demand continues to outweigh supply. The Real Estate Institute of Queensland (REIQ) says vacancy rates remain under 3% in SEQ and in most cases are tightening even further. Brisbane's vacancy rate is 2.1%, but rates are also trending lower in all other major regions of the south-east, REIQ's CEO Anton Kardash says. Cairns, Bundaberg and Fraser Coast regions all recorded vacancy rates below 3%. Kardash says competition for rental properties is attracting more investors, with property investor activity in Queensland up 14.9%, according to the REIQ's interpretation of ABS finance data.

Australian Taxation Office catching up with Technology

Friday, August 16, 2013

Hi All,

This year the ATO are trying to catch up with technology and (seemingly) reduce people calling in to follow up their tax return.

They have launched a free App for both Android and Apple phones.

 

Apple -https://itunes.apple.com/au/app/ato-tax-2013/id664461825?mt=8&ls=1

Android- https://play.google.com/store/apps/details?id=au.gov.ato.ATOTax&hl=en

 

This App also has a handy calculator to help you work out a rough guideline of whether or not your employer is withholding enough tax.

Of course you can do the same things on the ATO website, but some people may prefer to check in on their refund more regularly. Therefore the app can be handy.

Just make sure to protect your TFN at all times as it is highly sensitive information.

Property Market continues its Upward Momentum

Monday, August 12, 2013

Australian house prices have continued to rally, with official data showing improvements in all capital cities. Prices for established houses in the eight capital cities rose 5.1% in the year to June, according to Australian Bureau of Statistics data. Prices rose 2.4% in the June Quarter itself.

The ABS price index for established houses shows that capital city indexes rose in Sydney (+2.7%), Melbourne (+2.4%), Perth (+3.4%), Brisbane (+1.9%), Canberra (+1.0%), Adelaide (+0.3%) and Darwin (+2.9%). Hobart showed a fall (-1.0%).The biggest annual increases were in Perth (+11.0%), Darwin (+7.7%) and Sydney (+6.1%).


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