Q&A

Q&A

Q: I understand there are changes to credit reporting rules coming. I worry about the amount of information that goes on credit files these days. Will the changes help consumers? A: Changes to Australia’s credit reporting system that take effect…

Lifecycle fund pros and cons

Q: I was reading the APRA heatmap report, which rates the performance of MySuper products, and I saw reference to lifecycle products. What are they? A: Lifecycle strategies have become increasingly popular in recent years and now account for around…

Q&A

Q: We are about to leave Sydney for a month on an overseas trip and have been thinking about renting the house while we are away. We have a four-bedroom family home and, apart from occasional guests, three of the…

Q&A

Q: The Government said it would not accept the Hayne Royal Commission recommendation that mortgage broker commissions be phased out but it did promise to introduce measures to making broking more consumer focused. How is that going? A: The Government…

Q&A

Q: I have been considering taking out a margin loan to invest in more shares, as the market is going well at the moment. I have heard that this can be a risky loan if the market falls and there…

Down, down: the falling discount rate

Q: I have seen and heard a number of references recently to the discount. I understand that it is a way of valuing shares and other investments and that it is affected by falling interest rates. Can you fill me…

Vacant land tax change

Q: I own a vacant block which I am hoping subdivide in a few years. A tax amendment will mean no tax deductions for some holders of vacant land, but I understand there were some amendments to the original bill,…

Navigating a wide moat

Q: What is an investment moat and how do I know what to do with it? A: An investment moat refers to a company’s ability to maintain a competitive advantage, creating a barrier to competitors. Like the traditional moat, the name comes…

Foreign resident CGT bill comes back

Q: I am an Australian living in Hong Kong, where I have been working for the past three years. I own a property in Sydney. I have been following the Government’s plans to deny people like me the standard main…

Compare the pair: offsets and redraws

Q:  I am in the market to buy my first home and I have been investigating home loan options. I am confused about the difference between offsets and redraws. They seem to be very similar. Is there a reason to…