Amid rising living costs, renters are increasingly opting for larger homes to share with others, aiming to reduce individual rental expenses. This trend is impacting the rental market, with rents for homes with more bedrooms rising faster than smaller properties. Investors, drawn by rising property values, must consider tenant demand for multi-bedroom homes. However, they should also weigh the potential for higher maintenance costs and location factors when selecting investment properties to align with their financial goals.

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Achieving business success in FY25 hinges on setting clear, written goals and embracing accountability. This article delves into the transformative power of written objectives, the critical role of accountability, and offers practical steps to integrate these strategies. By adopting these practices, your business can achieve remarkable growth and efficiency, maximising its potential.

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Global markets faced significant turmoil recently, with fears of a US recession causing widespread losses, wiping off over $6.5 trillion USD. The ASX dropped 3.02% over the fortnight, with all sectors except utilities recording losses. The RBA maintained the cash rate at 4.35%, ruling out rate cuts until late 2025 due to persistent inflation. Internationally, the Japanese Nikkei saw a sharp drop but quickly rebounded. While markets are correcting, the global economic outlook remains volatile and unpredictable.

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In Australia, the government offers substantial support for research and development (R&D) activities through tax incentives. These incentives aim to encourage businesses to invest in innovation, drive economic growth, and enhance global competitiveness. By providing financial relief, the government helps mitigate the risks and costs associated with R&D projects.

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Put the party pies on ice and postpone those rate-cut celebrations for a while yet. The much-touted rate cuts we’ve been waiting for may not arrive until 2025. Here’s why rates could be staying higher for longer, and how to take action yourself.

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Charitable giving is becoming an increasingly popular component of estate planning, especially for individuals with substantial estates. For many Baby Boomers, the idea of leaving large inheritances to their children is not always appealing due to concerns that it might negatively impact their motivation and lifestyle. Instead, many choose to leave a moderate amount to their heirs and allocate the remaining assets to charitable causes. This approach not only supports meaningful initiatives but also establishes a lasting legacy.

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As we usher in a new financial year, it's time to start thinking about compiling your FY24 tax information for your accountant. To help you, we have compiled a comprehensive guide with essential steps to prepare yourself for the tax season.

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The Australian market is down 1.36% for the fortnight due to heavy losses across major industries. Attention is focused on the major losers for the fortnight who were led by IT, as well as the ever-important Australian Materials and Energy stocks. It has been a big fortnight of activity on the international landscape, from Trump’s assassination attempt, Biden withdrawing from his election campaign, global IT outages, looming ceasefires in Gaza, and economic challenges facing China. Investors are struggling to keep up with the bombardment of market altering news which has seen a significant increase in the activity of the CBOE VIX Index. You’re probably wondering what this indicator and what does it mean for the economy?

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As property prices hit record highs across a number of cities, it’s no surprise that new home loan balances are also nudging towards fresh peaks. Today we’ll reveal what the ‘average’ new home loan is in your state, and provide you with some handy tips to help bring down your balance sooner.

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