Superannuation Investment plan requires yearly review

If you manage your own superannuation fund, there are a few new things that need to be reviewed. See the article and ensure that you are covered.

Investment plan requires yearly review

“Trustees of self-managed superannuation funds must review their investment strategies regularly, following a recent change to super regulations. Read more: ”

 Self Managed Superannuation

 Have you done your insurance checklist for your superannuation plan yet?

More Rate Cuts Expected

After the budget handouts recently, fiscal tightening now needs to kick in at the federal level and may even intensify if the government seeks to retain its projected surplus for the current financial year. At the same time, various states are announcing budget cutbacks, including job cuts.

 In order to offset these forces and ensure that non-mining demand strengthens sufficiently, interest rates will have to fall further.

Read the article in Smart Company by clicking on the link below.

RBA will continue to cut rates as it tries to head off an economic slowdown

“Interest rates are set to hit their lowest point in years as the RBA tries to engineer a soft landing from the mining crash.”

This may lead to further interest rate cuts, but don’t delay your investment decisions in the hope of this occurring.

Reserve Bank’s Statement on Interest Rate Cut

Last night none of the big four banks had moved, despite the Reserve Bank delivering an early Christmas present for homeowners and retailers with a 25-point drop in the official cash rate to 3.25 per cent – its lowest level in three years.

 The decision will see repayments on the average mortgage of $300,000 drop by almost $50 a month, if banks decide to pass on the cut.

The big banks will pocket more than $6 million in profit every day they fail to pass on the Reserve Bank’s 25-point rate cut to mortgage holders.

Read the actual statement made by RBA’s Glen Stevens on the interest rate cut.

Reserve Bank of Australia Governor Glenn Stevens’ full statement on today’s interest rate cut | Herald Sun

“HERE is the full statement made by the Reserve Bank of Australia Governor Glenn Stevens about today’s interest rate cut. ”


 Not everyone will be a winner if or when the banks eventually cut their interest rates. Retirees living off simple term deposits will be hardest hit.

Investments For Your Retirement

Do you have 1 million dollars in the bank now to retire on, getting $50,000 per year to live.

Ross Greenwood discusses just how much superannuation is required to live a comfortable retirement in your golden years.

Compulsory superannuation helps, but it is not enough to reach your goals.

Future Proofing Your Investment Property

10 ways to future proof your investments and still maintain the ability to take offensive action and expand your portfolio.

  • Regular inspections
  • Landlord insurance
  • Scrapping schedule
  • Set up lines of credit
  • Offset accounts
  • Don’t over leverage
  • Don’t over capitalise
  • Create sustainable properties
  • Fix interest rates
  • Understand the local area

See the full article in The Australian Property Investor

The importance of future proofing your investment –

“If only we had a crystal ball to find out what the future held for us. We’d be home and hosed! While we can’t be certain that it will all be a smooth ride, there are strategies you can implement today to protect everything you’ve worked hard for in years to come, so that you’re in a good position regardless of what happens.”

There are plenty of good reasons why you should follow the above suggestions to ensure that your property and portfolio maintains its value and grows.

Don’t fall into the mortgage myth traps

Don’t fall for these mortgage myth traps which even the most experienced investor can also be lured into.

  • Myth 1: Lowest interest rate loans are best
  • Myth 2: Bad credit ratings prevent borrowing
  • Myth 3: Offset accounts are the best way to cut your interest
  • Myth 4: If you pay off your credit card, you’ll be able to borrow more
  • Myth 5: Pre-approved loans are pretty much guaranteed money

“NEW home buyers, wanna-be owners, seasoned investors, upgraders and downsizers – it doesn’t matter where you fit in the property market, there is always something to learn about mortgages.”


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Maroochydore the Investment Hot Spot Area

Horton Park Redevelopment PlanMaroochydore and the Sunshine Coast is certainly the area where investment in property is on the rise. There are many opportunities out there with 30,000 new jobs in the pipeline.

M’dore the new investment hot-spot | Sunshine Coast News | Local News in Sunshine Coast | Sunshine Coast Daily

“GOT a pulse? Then you have got to be excited about a new report which highlights investment opportunity for Maroochydore.”…

“An estimated $4.35 billion investment in and around Maroochydore is already under way, creating about 30,000 jobs.”


 I’m not really sure if we have the local infrastructure to be able to handle such a population increase. Please share your thoughts and comments.

Coolum Proposed Resort – Images

I have managed to track down a few images of Clive Palmer’s proposed resort at Coolum. Also see one of the latest articles in the Sunshine Coast Daily.

‘Think hard about Palmer plan’ | Sunshine Coast Politics | Local Politics in Sunshine Coast | Sunshine Coast Daily

“THE council needs to “think very hard” about Clive Palmer’s plans for the region because there were not many people offering to invest $3 billion in Australia.”

See an image gallery of the concept plan for the area and make up your own mind about this development.

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Sellers get realistic with cuts

It doesn’t matter what our economic climate is like. The current market price of any property is the amount that someone is willing to pay and the vendor accepts the offer.

Sometimes as a vendor, you just have to discount your price to bring it to the market.

Sellers get realistic with cuts

”  THE prices of some Sunshine Coast properties have been slashed by a million dollars as owners look to shift homes that have been stewing on the market for up to four years.
A Sunshine Beach property that was on the market in 2008 for $2.6 million has been reduced to $1.595 million while a Cooroy property for sale for $3.15 million in 2009 has been discounted $1.155 million.

Read the rest of the story by clicking on the link below ”

The owners of this Buderim property are taking a massive hit to meet the market, they have just dropped the price by well over $100,000…
They want out and want out NOW, they will look at ALL OFFERS.

This is the bargain you have been looking for!! Call now to arrange a private showing..

Details of this Buderim Property that has been reduced by $100,000.

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