Show Notes
You were told an investment property was one of the safest ways to build wealth. But what happens when one of the key tax benefits that made the numbers work is taken away?
In this episode, we look at the impact of the changes to negative gearing rules and what they could mean for Australians who have been relying on property as part of their wealth-building strategy. We also look at 5 different options investors have now, and what to consider before deciding where your money should go next.
Because building wealth is still absolutely possible, but the best path forward may look different to the one many Australians expected.
In this episode:
Why some investment properties may be harder to justify under the new rules
The 5 wealth-building options investors may need to look at next
Hidden risks in simply swapping one strategy for another
Why superannuation could become one of the biggest winners from the change
What to understand before you make your next big investment decision
WANT PERSONALISED FINANCIAL ADVICE: If the negative gearing changes have you rethinking investment property, super, shares or where to build wealth next, personalised advice can help you work out what makes sense for your situation. Book an appointment here. WANT TO STAY ACROSS WHAT'S MOVING THE MARKETS?: Subscribe to GainingCHOICE, our weekly email unpacking the key headlines and what to pay attention to.
GOT A FINANCE QUESTION FOR PAUL?: Send it to [email protected], and it could be featured in his Ask an Expert column each Sunday in The Age and Sydney Morning Herald.
General advice disclaimer
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UPDATED: This episode was originally published with the wrong episode audio; it has been republished with the correct audio. Thanks for your patience!
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