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Subscribe On AndroidFolks, as promised we’re diving deep into the 2021-22 Budget Review – what’s in it, what the key takeaways are for property investors, first home buyers and us Aussie taxpayers!!
In a one-liner summary… “Man, Can Politicians Spend Money!!”
Yep. And we’re unpacking quite a bit of it – such as…
- The $15.2 billion infrastructure spend!
- Free cashback (Tax Offset) & how much you’re likely gonna get back…
- First Home Saver Scheme
- Family Home Guarantee for Single Parents
- New Home Guarantee
- Superannuation Downsizer Scheme
- The increase to the Child Care Subsidy
- Public Housing support
- The HomeBuilder extension
- VIC State Budget & the consequences for property owners and property developers
Plus, to give a bit of contrast to the budget news we’re also circling back on a few key evergreen property investment formulas and answering a couple of listener questions!!
Get ready – you’re in for a solid ep, folks!
Free Stuff Mentioned…
- The 2021-22 Budget Breakdown – Get everything we spoke about & more!
- First Home Loan Deposit Scheme (New Homes) FACT SHEET
- Federal Budget 2021-22 Announcement
- Victoria State Budget 2021-22 Announcement
- PICA Webinar with Bradley Beer on Tax Depreciation – Tues 25th May 2021
- Episode 237 | Barefoot Investor or MoneySMARTS – What’s the difference?
- Episode 008 | Investment Stock vs. Investment Grade
- ASK US your property, finance & money management questions here >>
The Questions…
Question from Al Knight Lewis – Investment Stock & Investment Grade – Is it still relevant?
“Good afternoon. I have just started listening to your podcasts and am finding them so interesting! Episode 8 talks about investment stock vs investment grade and I’m wondering if the info in this episode is still current and relevant 6 years later? I’m looking for our first investment in Brisbane.”
Question from Don Holloway – Are there any benefits from having $10k sitting in an offset?
“With interest rates so low atm is there any benefits from having $10k sitting in an offset? My calculations (and confirmed by investment bankers and mortgage brokers) best to buy quality shares with your $10k than to month ball it into an offset account. Would love to hear your thoughts on this. BTW, I’ve read your book Make Money Simple Again last year. Found it to be a parallel to Scott Pape’s Barefoot Investor“.
