Foreword “Negative gearing” is often said to be a powerful tool to help you accumulate wealth, which can save you thousands of dollars in taxes. In real estate investment, it is also one of the frequently misunderstood concepts. The so-called “gearing” means nothing but borrowing. When you borrow money to invest, no matter whether the…
After the National Cabinet approves a comprehensive health agreement to allow merchants to resume work in a “safe environment that will not spread the new coronavirus”, most businesses will be able to resume normal operations in less than two months. Australian Prime Minister Scott Morrison and the leaders of the states and territories announced on…
ACB News “Australia Finance Online” May 6th As the new cases of the epidemic are under control and companies are returning to work, the focus of the Australian government will shift to assisting companies to increase business confidence and optimize market competitiveness. The Federal Finance Minister said that deregulation and tax reform will help boost…
Foreword For foreign students who have no income, can they buy a house with an Australian loan? I heard that Australian loans require detailed income certificates. Do international students need to provide income certificates? Do Australian mortgages require collateral? Can assets in China be used as collateral for Australian loans? It seems that most of…
ACB News “Australia Finance Online” May 5 News Australian Prime Minister Scott Morrison (Scott Morrison) has pledged 352 million Australian dollars to the European Commission led the new crown vaccine research fundraising activities. This project has received nearly US $ 8 billion in donations from countries around the world, and neither the United States nor…
A coalition of world leaders convened a virtual summit, vowing to invest 7.4 billion euros in coronavirus testing and treatment and developing vaccines. Australia also participated in the meeting hosted by the European Union on Monday and said it would contribute 352 million Australian dollars. But the United States, which recorded more than 67,000 deaths…