Low rates have allowed many Australians to enter the property market, however borrowers should remember that interest rates will inevitably rise and they should not overreach themselves.
“My personal view was it was vote getting, and they were out there to try and get those because of this undertone that we’re selling our country off to the Asian marketplace which is absolutely incorrect."
"A lot of Australians have invested their hard earned money in real estate, and in doing so, they have offset the losses of that real estate against their primary income, in order to give themselves and their children some financial security."
This example shows that even when an investor has only owned and rented a property for a few weeks of the financial year, the deductions claimed from depreciation can still make a significant difference for the investor.
