Newsletter 16 - The election is over, we can all push forward with clarity. We’ve been in touch with our contributors and have the following topics for you;

Stanford Brown has put together a white paper called 10 Golden Rules for Investment.

Core Logic released the Auction Rates for last week and the Auction Clearance Rates for Major Captial Cities Rose last week.

BMT Tax Depreciation Hosted a Webinar to help our community discover the depreciation you could claim on your residential and commercial investment properties.

Claymore and Thistle have shared an updated Australian Travel Requirements

Stay informed with International Currency with Send Payments.

Stanford Brown - White Paper - 10 Golden Rules for Investment

1. History doesn't repeat itself - but it does rhyme.

2. Keep things as simple as possible... but not too simple.

3. The long term is easier to predict than the short term.

4. Valuations almost always mean revert.

5. Keep fees & taxes to a minimum.

6. Things are not always as they seem.

7. Be the devil's advocate not his friend.

8. Don't copy your mates at the golf club.

9. Cash will destroy your wealth in the long term.

10. If all your eggs are in one basket, watch the basket.

“Auction activity and clearance rates rose across the combined capitals after a slump in the number of auctions amid last week’s federal election

Recording the busiest auction week since the pre-Easter spike, auction activity across the combined capital cities rebounded sharply this week, nearly doubling the number of auctions held last week during the federal election slump (1,672).

With 3,229 auctions held across the combined capitals, the volume of auctions held this week was up 11.2% from the 2,905 held this time last year. After trending downwards for five consecutive weeks, the combined capitals preliminary clearance rate rose 80 basis points this week, with 63.7% of the 2,528 results collected so far returning a successful result. Last week’s preliminary clearance rate of 62.9% was revised to 61.3% at final figures, while this time last year 73.5% of auctions held were successful.”

Core Logic - Kaytlin Ezzy - Research Analyst

BMT Tax Depreciation CEO Bradley Beer and THE EXPATRIATE Tax Depreciation Specialist hosted a Webinar to help our community discover the depreciation you could claim on your residential investment property. BMT Tax Depreciation is also hosting a webinar for Residential and Commercial Properties

Claymore and Thistle shared the change to the vaccination requirements for those wanting to travel to Australia.

Over the last two years, the continuously changing rules surrounding international travel have caused headaches for many travelers. Failing to comply with entry and exit requirements in both the country of origin and destination can lead to majorly time-consuming and costly issues. It is, therefore, no surprise that so many people find it overwhelming and stressful to plan a trip abroad these days. With Your questions answered;

Can I travel to Australia?

Who is eligible to travel to Australia?

What is the definition of a fully vaccinated traveller?

What are the COVID-19 vaccination requirements for travel to Australia?

I am an Australian citizen/permanent resident — do I need a vaccination certificate?

Will foreign vaccination certificates be accepted?

I cannot be vaccinated due to medical reasons — what now?

Do I need to present a negative pre-departure test?

It’s never been a better time to jump on a plane and return to Australia! It’s time to plan your next ski trip! Even the Queensland Granite Belt is experiencing frost this week!

For Currency Exchange information see the Send Payments Blog by Ian Cragg, our International Currency Specialist

The US Dollar has been the main beneficiary of safe-haven flows this week as geopolitical tensions in Europe continue to escalate. The ongoing war in Ukraine and the resurgence of COVID-19 cases in China have made investors jittery, prompting them to seek refuge in the greenback. 

The Expatriate always tries to make sure all information is accurate. However, when reading our website, please always consider our Disclaimer policy.