Investment - Negative Gearing

ASIC joins APRA in interest-only home loan crackdown

Posted on April 4, 2017 by | 0 Comments
The corporate watchdog has joined the banking regulator in cracking down on interest-only home loans, announcing targeted surveillance of lenders and mortgage brokers inappropriately spruiking the loans. The Australian Securities and Investments Commission (ASIC) also said eight lenders, including Commonwealth Bank, National Australia Bank and ANZ, will be forced to provide remediation, including possible refunds, to consumers who suffered financial difficulty as a result of shortcomings in past lending practices. [More]

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Considering the true cost of negative gearing

Posted on September 22, 2013 by | 0 Comments
When calculating the breakeven point of an investment it pays to consider the full impact of negative gearing over the life of your investment. Those with negatively geared property need to factor in the opportunity cost associated with losing money over a period of time when calculating the breakeven point of their investment. According to Smartline Personal Mortgage Advisers, understanding the real impact of negative gearing costs reinforces the argument that it’s generally best used...

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