In the current market, a budget of around $350,000 will buy you an entry level investment grade one bedroom apartment in an inner suburb of most of our capital cities, with a little more required in Melbourne and a fair amount more in Sydney. For those whose budgets don’t reach this threshold, an investment in a larger regional city is an option...
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In June the Minister for Financial Services and Superannuation, Bill Shorten, announced that the Future of Financial Advice reforms had passed into law. At the time, the Minister claimed that “as a result of the measures passed by the Senate today, every Australian consumer can be more confident that their financial planner or adviser is putting customers’ interests first and that the advice they receive is not influenced by sales commissions...