Westwood Conveyancing

Hi Everyone,

Welcome to the October issue of our newsletter.

At its meeting today, the Reserve Bank of Australia decided to once again maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.

In this issue see how the first-home buyer scheme has been extended for new builds and caps on home values have increased, we show you the three common myths that property investors are being advised about property that could potentially see them make poor investment decisions and see the factors you should consider when downsizing from super contributions to age pension entitlements. In addition, see what tax deductions homeowners can use to help with their mortgage and read about the five self managed super fund traps to be aware of before buying an off the plan property.

Please feel free to contact us about any matter - we are always happy to hear from you and to assist!

Kind regards,

Donna Westwood

Donna Westwood
Licensed Conveyancer, JP
(Licence No. 1555562)

Tel: (02) 9940 4006 | Fax: (02) 9940 3398 | Mob: 0429 912 649
35 Rosamond Street, Hornsby NSW 2077
Westwood Conveyancing | ABN: 68 155 594 602
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DISCLAIMER The information contained in this newsletter is general information only and is based on our interpretation of various topics. It has not been prepared taking into account your specific situation, objectives or needs. You should consider how the information is in anyway appropriate to your own situation before making any decision. You should also seek independent advice from the appropriate professional to assist you with any decision.