There are many changes about to be introduced from the ATO they are targeting illegal claims so be vary careful, get the latest tax dep. pac from the ATO and a good accountant. Good luck!

Check out his ABN on the ASIC site to see how long they/he has been in business.

Is he licienced in any way.

Tell them you have been in contact with the ACCC and ASIC and REI and cannot get any information on them.

They must provide a disclosure statement (27b) on how much commission they will be getting, get everything in writing and ask them/he /her to sign it, if they flinch give me a call you can trust me I’m a developer!! he he [biggrin]

I don’t agree that they will appreciate slower, it depends on the demand just take Balmain in Sydney as an example. I focus on the investment side more than the property itself, what I mean by that is debt to equity, cashflow, yield, independant qualified information etc, wealth in my mind is caculated by equity which equals cash which equals more purchasing power.

I focus on debt reduction and there for my cashflow increases which pays my debt out quicker, cheers and good luck.

This all began with the Romans (taxes) – what’s happened has happened, its all a plan to exploit the little people (the workers), question is what next???

[email protected] [angry2]

Spot on Derek. [cigar]

Where is the property – what is the projected independant growth – what type of loan structure are you using – how quickly can you pay down the debt to create equity and relieve finiancial stress – yes get in the market but use you head not you heart – if the numbers dont work dont rework the numbers – best of luck … [email protected]

No but when you do please let me know – do they have a web site etc …Phil

As it is your residence I think you will be OK, the Coast is performing will for first home owners at this level up there, ask mortgagehunter on this site (simon) he lives there.

It depends if the broker works from home and has no qualifications – there are many better qualified brokers who used to work for the banks you just have to keep hunting, good luck.

Politations should be made to run their own business in the black before they enter parliment and play with our tax money !!![satan]