What the bad news for airline pilots may mean for you as a property investor

Just look what’s happened to Qantas and Virgin. Like many other businesses they are being crushed by the COVID-19 economic slowdown. Qantas lost billions of dollars and has shed thousands of employees. Virgin went broke and similarly its employees, including pilots, are facing layoffs or job losses. While a gate attendant might easily transition into […]

Read More >>

How bad does an investment property need to be to warrant selling it?

If you sell a dud investment property, you may have to pay capital gain tax (CGT), selling costs and then stamp duty again when you reinvest… it can be a very expensive exercise!  And if you have owned the property for a while, it is probably putting money in your pocket each month (i.e. more […]

Read More >>