Brisbane Waters Financial Services
July 2010 Newsletter Website | Email | Forward to a Friend | Print


Owning a property offers the benefit of a roof over your head as well as the opportunity for building wealth through investment.

We start this issue by looking at the movement of 'next-time buyers into the property market (see first article), as an increasing number of home owners look to upgrade their existing homes or buy an investment property.

In article 2 we focus on successful strategies for property investment - Buying an Investment Property - as well as how to use property to build a nest egg for retirement - 'Retirement Nest Egg (article 4).

Also featured in this issue, some handy facts and tips to help you prepare your end of year tax return and of course, maximise your tax savings! ('Many Happy Tax Returns - article 3).

Enjoy this newsletter and feel free to pass it on to family and friends.

Peter Nash

PO Box 1072
Gosford NSW 2250
Tel:0412 600 150
Fax:02 4328 1643

Next-time buyers
Buying an Investment Property
Many Happy Tax Returns
Retirement Nest Egg

Next-time buyers

Thinking about upgrading or buying your second home? If so, you're not alone, with recent data showing it's the established - or next time - buyers who are currently fuelling interest in the property market.

The latest BankWest/Mortgage and Finance Association Home Finance Index shows that three quarters of next-time buyers believe it is a good time to buy an investment property, a dramatic increase from the 14.5 per cent recorded during the midst of the credit crisis.


Buying an Investment Property

Let your head not your heart have the deciding say when buying an investment property. It's tempting to allow your emotions to get the upper hand if you are purchasing your own home, but if you don't intend to live in the property, look at it with 'investment eyes' only.

Take a long term view
Take advantage of the cyclical booms that occur in property by planning to keep your investment for the long term. Be prepared for the highs and lows by making sure you have realistic financial goals and are comfortable with how much you are borrowing.


Many Happy Tax Returns

Australia has some of the most complex tax laws in the world, which means it's important to review your tax strategy each year to keep up with the latest changes. Here are some facts and tips to help you lodge your 2009-10 tax return.

Income Tax Rates
From 1 July 2009, the 30 per cent income tax threshold for individuals was increased from $34,001 to $35,001 and the 40 per cent tax rate was reduced to 38 per cent.


Retirement Nest Egg

Working out the best way to build your nest egg for retirement is never easy, but many agree that relying on superannuation alone is not enough.

According to the Westpac ASFA Retirement Standard, a retired couple needs to earn more than $51,727 per year to live 'comfortably' or more than $28,080 per year to live 'modestly'.


Mortgage & Finance Association of Australia

We are members of the MFAA, the peak industry body. All members are bound by a strict code of ethics to ensure the highest levels of service, integrity and professionalism.

About Us

Brisbane Waters Financial Services is committed to the Coast community.

Principal, Peter Nash, has over 25 years finance experience and is well qualified to provide solutions for residential and commercial financial needs.

Select from more than 30 lenders.

At Brisbane Waters Financial Services our aim is to deliver ongoing support every time and take away the fuss of finance. We seek a long term relationship, your guarantee of service!

Disclaimer: This newsletter is intended to provide general news and information only. Readers should rely on their own enquiries before making any decisions regarding their own interests. Please do not rely on any part of this newsletter as a substitute for specific legal or financial advice. All material is copyright 2010.