Wise Monkey Property

11/04/2025

The evil property investor 50% CGT Discount!

Fun fact you wont ever hear

Capital Gains Tax 50% policy Introduced in 1999 Was NOT a new concept.
Just a simpler calculation. Yes more “generous” if reducing what you pay to the government from profit people make from effort and risk is generosity.

Basic approximate example Old Sytem V Current

Eg
Buy at median house price
Year 2000 - $300,000
Sell at median today 2025 $1000,000
$700k gross profit

Old pre 1999 system CPI Indexation added to cost base reduced gross liability to $370k

And this applied to all taxpayers, including companies, individuals, trusts, and superannuation funds

Post 2000 CGT 50% reduced gross liabilty $350k

And ONLY applies to individuals and some trusts

John Howard that “bastard”

27/11/2024

A terrible decision.

Basically bank is forbidden to approve a home loan unless you can afford approximately a 10% rate.

The Australian Prudential Regulation Authority (APRA)

“Our purpose is to ensure Australians' financial interests are protected and that the financial system is stable, competitive and efficient.”

The decision notes….not much of that.
APRA Stay within your charter.

Dumb and lazy decision.

Dont worry rich people can still get a loan.

“Credit continues to flow to households and businesses and is accessible to good quality borrowers”

The regulator overseeing banks and lenders has made a bombshell decision ahead of Christmas and homebuyers are fuming.

29/05/2024

In the past five years rental prices have risen by around 46% on the Coast.

Who could have predicted??? 😆

The Sunshine Coast has experienced one of the largest quarterly increases in rent prices across the country, up by an average of $32 a week.

In the past five years rental prices have risen by around 46% on the Coast.

7NEWS at 6pm.

28/04/2024

09/12/2021

I like it.
Moreton Bay City

06/12/2021

BTC affecting other investments like gold.
Gold global market cap 11 trillion
Realestate 360 trillion.

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29/11/2021

Congrats to my many clients who took action, some many years ago investing in this region.

24/11/2021

11/11/2021

16% in the old inflation scale!!
Why?
Well the government has to prop up all the assets related to your superannuation and pension funds.

I thought it was us evil landlords that caused all the problems??

Nup it’s the government making sure Mr and Mrs Average and your government enforced investments do not crash. (Something I don’t and won’t ever be involved in)
Though as ya superannuation is going up 10% a year.
Food energy everything else going up 20%
If Superanuation is your only financial retirement plan. Be afraid be very afraid.
Rant over. Haha😄

Inflation has surged to a 31-year high in the US, raising the prospect the Federal Reserve will raise interest rates sooner rather than later.

09/11/2021

Again I say. Please be careful.

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