The Australian Taxation Office will target owners and auditors of close to 20,000 SMSF’s who have pushed savings into single investment properties and cryptocurrency over possible breaches of the law.
Australian Investors Association – National Conference
This week CFMG Capital General Manager, Andrew Thomson had the opportunity to attend the Australian Investors Association National Conference, where keen investors from all over the country gathered to take part in an intensive 4 day program of education and networking, with sessions from a variety of hosts and speakers.
CFMG Capital – Kicking Goals In Park Ridge
In 2017 Solander Estate proudly partnered with the Park Ridge Pirates Australian Rules Football Club as both a commercial sponsor and community partner, the project also provides community club rebates to any local community group or club who has a member purchase a home in the estate and next month CFMG Capital will be proud major sponsors of the St Philomena School Country Fair including funding the rides and other entertainment on the day.
Australia’s largest Super Fund ramps up Property Lending
In a move that many saw as ‘inevitable’ – AustralianSuper – the largest superannuation fund in Australia has now offered as much as $500m lines of credit to Australian property developers as they seek to build scale in the real-estate investment and debt markets.
Banks Finally Move on Serviceability Rate Floor
In late May we penned an article on why the potential rate cuts would be meaningless without regulatory change and the reduction or removal of the serviceability rate floor. Since then, the RBA has announced not one, but two rate cuts that were very well received by existing mortgage holders, but would again have no impact on those looking to secure a loan.
Stage 2A – Now Selling
Developer CFMG Capital in conjunction with appointed agents, Colliers International hosted a builders breakfast on-site at Middleton Park to celebrate the exclusive release of Stage 2A at the highly sought after project. Middleton Park is a 336 lot multi stage development, and with the runaway success of Stage 1, the local builder network were eager…
Middleton Park Stage 2A – Now Selling
Developer CFMG Capital in conjunction with appointed agents, Colliers International hosted a builders breakfast on-site at Middleton Park to celebrate the exclusive release of Stage 2A at the highly sought after project.
Investment capital goes BIG on property
There has been a recent avalanche of capital directed at property investment as the FY 18/19 comes to a close, with a multi-billion dollar capital inflow astonishing onlookers, and there seems no end in sight as big players join the party on a daily basis.
SMSF + Investor Expo Success
Three members of the CFMG Capital team travelled to Melbourne last week for the SMSF Association SMSF + Investor Expo, where over 1,000 attendees came through the doors of the Melbourne Convention & Exhibition Centre to speak with more than 30 exhibitors and listen to presentations from industry professionals and investment experts.
Potential Rate Cut Meaningless Without Regulatory Change
A recent article in the Australian Financial Review quotes JP Morgan as predicting the official cash rate to fall to 0.5% inside the next 12 months. Financial markets are already pricing in a 25 basis point reduction on Tuesday, and two more of the same prior to Christmas.