New Financial Year wealth tips

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Eliminate personal debt Australia has some of the highest personal debt levels in the world and it is only increasing. Some of these debts are incurring interest at over 20%.

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Being an expat and managing your finances overseas

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Record numbers of Australians are leaving to live and work overseas. Expat lending specialist Alfred Moller has five top tips for Australians who have made the move. According to the

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Expats: Tips for people preparing to work offshore

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There are many things to consider when planning to move overseas for work. It can be a daunting task to get your affairs in order and the following tips can

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Want to increase your borrowing power by $100K?

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Many first-home buyers just can’t quite afford the property they want in Sydney and Melbourne. People seeking to buy in the inner-city suburbs that are well serviced by public transport

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Omniwealth makes two senior appointments

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Diversified financial services group, Omniwealth, has made two senior appointments. A manager has joined the accounting team and a senior lawyer has joined to expand legal team. “The 2019 landscape

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When to sell an investment property?

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Omniwealth’s Property Sale Series starts with the question: When to sell an investment property? The first study looks at paying down home debt. There are times when you should listen

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Omniwealth appoints a senior financial adviser

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Richard Carey CA, CFP has joined Omniwealth as a senior financial planner after many years at Mercer in a similar role. “We are excited to have a financial adviser with

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Over 100,000 expats could be affected by proposed CGT change

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A knee-jerk reaction from the Federal Government, says expat adviser. “The Federal government’s proposed scrapping of the capital gains tax exemption for Australians residing overseas is predicted to affect over

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Comment on CGT review of main resident exemption for non-residents

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Given the recent Liberal leadership spill, perhaps it’s wise to revisit the scrapping of the Capital Gains Tax (CGT) main resident exemption for non-residents. The exemption is currently sitting 29th

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So, what happens when your interest-only loan expires?

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Borrowers need to be ready for the cash flow effects of moving from interest-only loans to generally higher repayments on principal & interest loans. Omniwealth Finance suggests that borrowers work

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