Medical Centres – Depreciation Case Study 

THESE PAST FEW years have been challenging for the healthcare industry and medical centres in particular.

Issues with staffing, COVID-19, and larger than normal patient numbers have resulted in rapid growth within the industry.

In 2021 over 1.8 million people were employed in the health care and social assistance industry, which is projected to increase to more than 2 million by 2025.  [Read more…]

Trusted Consultants ~ Part 3
Claiming Your Full Tax Benefits

YOU WOULD no doubt be aware of the benefits of “Negative Gearing”. But most investors have a very poor understanding of how much more money Depreciation can actually put back into your pocket.

Apex Property ConsultingEven if the Commercial property you plan to purchase might not be brand-new … you are able to “up value” the various components within the building, to reflect their actual current-day value.

By doing that, you are then in a position re-depreciate them, and gain the maximum tax benefit for your bottom-line. [Read more…]

Is Saving Back in Fashion?

Presumably as a result of the recent global turmoil, Australia’s savings rate jumped to 4% of income during last year. And that is a major change from three years ago — when spending outpaced our income growth.

Savings

Savings

As we emerged from the financial scare, our savings rate peaked at 6.3% in mid-2009; and was running at around 2.3% by year’s end. Nonetheless … still well above what you saw during the past 10 years.

Recently, the RBA estimated that household wealth grew by just over 11% last year to reach around $610,000 on average. And our real disposable income grew by a respectable 3.5% as well.

Both of these are on par with the boom-time highs of 2007.

h3. For Commercial Investors …

Many consumers seem to have ignored the RB A’s recent rate rises.

Although, with overall household debt and still very high levels … you are likely to see spending ease, and this will then start to affect specialty retailers — like fashion, footwear and accessories.

However, most food outlets (such as grocers, cafes and restaurants) should continue to enjoy strong demand … driven by the nation’s love affair with TV shows like MasterChef.

It seems cooking and eating out are relatively low-cost pleasures everyone can enjoy — even when times are tough.