RBA gives APRA’s use of macro tools a tick of approval
Ahead of an expected move to impose tougher lending rules on the banks, the Reserve Bank has looked into previous attemp...
Ben Kingsley, Director, Empower Wealth
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There are some small steps you can take to improve your cash flow and grow your portfolio
This is the science of property investment. Cash flow is everything when it comes to investing in property. If you can forward manage and forward project your cash flows then the chances are you can build a very successful property investment portfolio. In the event that you have challenges around cash flow for a period of time, there are a couple of great things you can do to help yourself in terms of releasing some of that cash flow. The first thing you can do is maybe switch your loans to interest only, and this may be interest on your principal loan - on your home, or it could also be insuring al your loans are interest only on your investment properties. The other thing you could look at doing is have a look at the family budget and see where the discretionary spending is and see if there's any way you could maybe cut back on a little of that discretionary spending which will ensure that you could hold on to this asset that's going to keep delivering more and more healthy outcomes for you into the future.