Shot property

Article Abstract:

Thousands of investors are in danger of losing their homes and savings in the $450m-plus Westpoint property debacle, which could have been avoided by basic research by financial planners and investors. Sixteen financial planners have put together the Westpoint Recovery Fund to help investors get their money back, but the ultimate responsibility rests with the individual investors.

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Bricks and bubble

Article Abstract:

Fall in the interest rates following the decline in inflation and the deregulation of the local mortgage market has led to a insatiable appetite for housing in Australia. The 1990 recession was ushered in by the collapse of the previous housing bubble and the reverse wealth effects it had on consumer behavior.

Interest Rates, Influence, Economic conditions

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Risk and reward: smart ways to build wealth

Article Abstract:

Many ordinary Australians turned wealthier due to the property boom and for them real estate is the way to wealth. Advices including saving early and enjoying the magic of compound interest, are given in order to build wealth by prominent wealth advicers.

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