Archives for May 2011

Making Sense of
The Mining Boom

Size-wise, as a proportion of Australia’s economy … Manufacturing and Mining contribute more or less the same output.

 Services rival Mining on Investment However, Mining’s investment spend is currently more than three times that being spent by the Manufacturing sector.

All the media attention has mainly been focused upon this disparity. But that doesn’t really tell you the complete story — as you can see from the first of these graphs. [Read more…]

Trusted Consultants ~ Part 2:
Financing the Deal

LAST WEEK, I promised to reveal those key Consultants to whom I’d be prepared to entrust my own property deals. So, let’s progress a little further with that.

Perry Finance are problem solversNo doubt you will have experienced your share of problems, when it comes to arranging the finance for a recent purchase you may have finalised.

As you’re probably aware, most vendors are unwilling to enter into a contract in the current market, containing a “subject to finance” clause. Because it would simply tie up their Commercial property, without any certainty of a sale. [Read more…]

Building Your Team of
Trusted Expert Consultants

Building your Consulting TeamAS YOU know, Property Edge Australia is there to help you in identifying and negotiating the actual purchase of your next Commercial property.

However, you still require certain other key consultants, in order to make every deal really work for you.

And those consultants need to be thoroughly trustworthy.

As you can appreciate, I have had the opportunity to work with a quite number of consultants, over the past 40 years. And I’ve quietly put together a close team of those ones, who have really gone out of their way to look after my Clients’ best interests.

Over the next week or so, I will reveal to you who these Consultants actually are — in the vital areas of:

  • Covering the Legal Issues;
  • Financing the Deal; and
  • Claiming your Full Tax Benefits.

Anyway, lets make a start on the first one today. [Read more…]

Top Commercial Property Investors
Always Have a Master Plan

You need a good Master Plan
When you’re just starting out, your main aim is probably just trying to secure a worthwhile property.

However, to be truly successful, you actually do need to have a Master Plan.

And to help you, here are 6 Steps towards formulating one for yourself. [Read more…]

The RBA Keeps Its Powder Dry

RBA Explains Australia's Economic Position Yesterday, the Reserve Bank decided to hold the cash rate steady at 4.75%.

However, it also acknowledged that Australia’s underlying inflation rate will now be running at around 3% for the year — and that’s ignoring volatile items, like petrol and food price spikes.

Economists tend to agree that the high $A has effectively done much of the “heavy lifting” for the RBA.

But as these graphs show, the RBA will most likely be forced into a midyear rate rise. With at least one further rise likely, before the end of 2011.

Put simply: Increasing business confidence (confirmed by improved Business Credit figures) means more investment being undertaken by business … which will in turn will put pressure on wage rates.

So far, the RBA has displayed a bias towards pre-emptive action. And there is no reason to suggest it would suddenly change that approach. As such, many people have been left confused by yesterday’s decision.

However, astute Commercial property investors recognise the time to strike is when the “uninformed” are dithering … due to their lack of understanding.