Property

Would downsizing be worthwhile for you?

Would downsizing be worthwhile for you?

Where you could save ‘Super”, “Mortgage”, “Utilities”

Financial advice and you - Where to start

Financial advice and you  - Where to start

“The right kind of financial advice can really make a big difference”

It can help you: - set your financial goals and achieve them - make the most of your money - get any government assistance you’re entitled to - feel more in control of your finances and your life - avoid expensive mistakes - protect your assets

Big win for Retirees with the newly announced ‘downsizer’ contributions

Big win for Retirees with the newly announced ‘downsizer’ contributions

The new ‘downsizer contributions’ measure provides opportunities for retirees looking to boost their retirement savings, particularly in light of the recent superannuation reforms affecting the contributions caps.

Global Real Estate Bubble Index

Global Real Estate Bubble Index

UBS published its latest global real estate “bubble index” on Thursday, listing the major cities most at risk of housing bubbles.

Concerns over asset bubbles have regained steam as improved world economic growth, low unemployment and ultra-low interest rates have pushed up asset values

"Bubble risk seems greatest in Toronto, where it has increased significantly in the last year. Stockholm, Munich, Vancouver, Sydney, London and Hong Kong all remain in risk territory"

UBS noted that Toronto and Vancouver weren’t “dragged down” by the global financial crisis, as a weaker Canadian dollar cushioned the blow. “Overly loose monetary policy, for too long, in addition to buoyant foreign demand, unmoored their housing markets from economic fundamentals—and both markets are now in bubble risk territory.”

“A strengthening Canadian dollar and further interest rate hikes would end the party,”

UBS Global Real Estate Bubble Index