Super industry bodies have questioned claims made in the government’s retirement income paper that a large proportion of retirees will die with money still in super, saying it’s “self-interested” to encourage them to withdraw more cash.
Super industry bodies have questioned claims made in the government’s retirement income paper that a large proportion of retirees will die with money still in super, saying it’s “self-interested” to encourage them to withdraw more cash.
Landlords forced to ‘carry the can’ following Victoria’s lockdown
By Cameron Micallef
02 August 2021
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As the state re-emerges from strict lockdowns, Victorian landlords are being asked to “carry the can” for struggling businesses, an industry expert has revealed.
The Property Council has called on the Victorian government to rethink its commercial tenancy relief schemes, as it imposes an “unfair and costly” burden on the property sector.
Victoria has announced it is easing some restrictions, albeit businesses will be hamstrung as to how many customers they will be allowed to have at any given time.
As such, the government announced on 28 July that Victoria will require commercial landlords to chip in and match the tenant’s fall in income with their own rent relief.
How this first-generation Aussie bagged a $2.5m portfolio by 32
By Cameron Micallef
30 July 2021
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1 minute read
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Coming from a hard-working battler family, this investor saw the importance of making his money work harder for him, before deciding that property investing was a prudent wealth-generation strategy.
On a recent episode of The Smart Property Investment Show, property investor Jhy Kao shared his passion for the asset class and what motivated him to invest.
Mr Kao described his journey actually began with his first part-time job, when the then 15-year-old first learnt the value of a dollar.
“I remember very clearly, that was my hourly wage. And I was flipping 10 to 12 burgers in the space of a couple of minutes that were selling for a couple of dollars each,” he explained.
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