A February rate cut is looking more likely after the latest CPI data revealed a reduction in the trimmed mean CPI to 3.2 per cent, with three out of the four major banks tipping an imminent reduction is on the cards. Economists generally agree that the annual trimmed mean inflation of 3.2 per cent for…
Intergenerational wealth: Why it matters
Australia is about to experience a major shift in wealth. According to a report by JB Were, by 2034, an estimated $4.9 trillion will be passed down from baby boomers and their parents to the younger generations. Inheritances are expected to have reached $150 billion in 2024, more than double the amount in 2002. With…
Mallee Grove Construction Update
Clearing at Mallee Grove in Jimboomba is now complete. Construction has commenced and is progressing well onsite.
More pension management complexity
Running an SMSF is not an easy thing to do. Not only does it require a decent level of commitment to look after the investments of the fund, the compliance and administration obligations imposed on trustees are significant and can in certain circumstances be quite onerous. And trustees cannot take any of these responsibilities lightly…
Cost of land rises by as much as $120,000 in a year
The cost of land has jumped by as much as $120,000 in a year – up 21.2 per cent in one area where it now costs as much as the median home did just two years ago. Brisbane led the charge after rising 8.7 per cent in the September quarter, pushing the median price of…
Arbourwood Construction Update
Earthworks at Arbourwood in Morayfield are almost complete, with the installation of sewer infrastructure and retaining walls commencing shortly.
Riverleigh Construction Update
Earthworks at Riverleigh in Logan Reserve are progressing well with the preparation of stockpile areas, establishing haul roads and commencing the erosion/sediment control installation.
Why rate cuts aren’t bad news for mortgage funds
With interest rates at a decade-high and the RBA signalling potential rate cuts sometime next year, the current yields on mortgage funds present an attractive opportunity. Mortgage funds have gained traction as higher interest rates have made lending to the commercial real estate sector increasingly attractive. This shift has occurred while traditional property investments such…
CFMG Capital has moved to a new office!
The team at CFMG Capital have moved to a brand new office located at 138 Mary Street in the Brisbane CBD. The new two level office has been fitted out to accommodate the CFMG Capital team upstairs and opportunities for smaller businesses to lease offices on the lower level. The new office consists of: A…
Fourteen additional homesites released at Arbourwood
An additional 14 homesites were released for sale on Saturday 26th October at Arbourwood in Morayfield, north of Brisbane. The release of these lots in Stage 1 was brought forward to keep up with high demand for land due to the previous stages selling faster than expected. With prices starting from $389,000, the release generated…