mrd

Only 10km From Perth CBD

An exciting new private estate in up-and-coming Queens Park – a secure city-side sanctuary only 10km from the centre of Perth.

Queens Park Townhomes offers a connected community lifestyle.  In addition to the estate’s exclusive resort-style facilites, you’ll find a whole host of amenities nearby – Queens Park train station, shops, private schools, parks and recreation facilites, all within walking distance. Read more…

Cyathea is part of Atrium’s exciting Townhouse Precinct consisting of huge 3 & 4 bedroom townhouses from 171sqm to 190sqm with access to 7Ha of parklands and 4 x pool and community areas.

Located in a major activity centre under the South East Queensland Regional Plan and opposite one of Australia’s fastest growing universities. Read more…

Why work harder when you can work smarter? Renovating property can be a worthwhile strategy but there are easier and less risky ways to achieve the outcome you seek. The “set ‘n forget… for busy people” ™ strategy mrd promotes is not by accident. It ensures you can maintain your lifestyle and spend your time in those areas most important to you. If you understand that “A Rising Tide Lifts All Ships” and apply a little intelligence – a world of possibilities will open for you!

How Much Is A Billion Dollars

• If you invested a billion dollars at just 5% per annum, you would earn $137,000 of daily interest!
• Aside from interest earned you would have to spend one hundred thousand dollars a year for ten thousand years to spend a billion dollars

So you get the picture… a billion dollars is a lot of money!

The Australian Bureau of Statistics (ABS) reported in September that capital expenditure in the 2011 / 2012 fiscal year will be $148.8 billion; which is up 24% on the 2010 / 2011 year. Other reports estimate closer to $200 billion in WA and Qld alone. Either way, these ‘obscene’ investment numbers mean a big, bright and prosperous future for Australia at a time when many other countries are struggling.

No doubt you have heard the stories of people who experience significant capital growth in their property due to the efforts and investment of others around them. A local shopping centre is renovated, the railway extended to the neighbourhood or neighbours renovating their homes. Working harder is you improving your property but working smarter is to own property in areas that others are improving!

A Rising Tide Lifts All Ships

Our geographical and economic links with Asia will underpin the nation’s economic sunshine for decades to come; indirectly benefiting all Australians. What I’m suggesting is that, if approached and executed properly, you can benefit directly from the investments of others in our economy… and enjoy your own economic sunshine. The ‘tide is rising’… all you need is a ‘ship’.

Coal Seam Gas

We were already a nation rich in mineral and resource deposits… then we discovered Coal Seam Gas! Formerly a waste product, Coal Seam Gas has given birth to a massive new industry and has become like the icing on the Australian economic cake.

Interview With The Federal Resource Minister

A few nights ago I watched an interview with Federal Resources Minister Martin Ferguson. When quizzed over the Government’s most recent capitulation; agreeing to spend an additional $200 million to secure the Independent’s support for the new mining tax legislation… he said:

“It was not a bad investment. It represents recent investment into Coal Seam Methane to the tune of $45b in three major projects in Qld with 18,000 jobs on the ground in construction”.

Perhaps as a retailer in Melbourne, a travel agent in Adelaide or a manufacturer in Sydney you can’t see a way to benefit directly from this mining boom; but I can see it for you ABSOLUTELY! Of course you have to qualify and any decision must serve your short to medium term interests… but the mining boom can deliver benefits to ‘whosoever’!

Junior Master Chef

It’s the successful combination of the right ingredients that gives a beautiful meal its texture and flavour… making the eating experience so memorable. My goal is to assist you to become a successful investor as a means of realising your goals; and I want you to enjoy the mentoring experience too!

• The way you get help from me and my team is as simple as asking! Do that >>>here
• Have your starting point assessed so that any suggestions we make to help your progress are relevant, realistic and tailored for you. Complete a “My Starting Point” assessment >>>here

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What Is Eaten In One Week Around The World? Very interesting assortment. Note the large amount of drinks and junk food in some pictures.

Take a good look at the family size & diet of each country and the cost of what is eaten in a week.

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Italy: The Manzo family of Sicily  214.36 Euros or $260.11

  Read more…

Click Image To View 2 Min. Video

“The Clock Is Ticking!” There are now just 67 days till the $10,000 Qld Building Boost ends; even less when you take out the Christmas break!

NB: Fully executed contracts must be exchanged by 31st January 2012

Queensland Government’s $10,000 Building Boost!

Find Out All About It Here!

Have you ever listened to a politician or an economist and wondered ‘what planet they were from’? One of John Howard’s mistakes towards the end of his prime ministership was to say that “Australians Have Never Had It So Good”. You see, most Australians were experiencing something very different. This week the Reserve Bank (RBA) delivered a big dose of gobbledygook that they seriously expect us to swallow!

Two weeks ago I shared my thoughts on interest rates and how the RBA had got it wrong by keeping rates too high for too long. Forget all the economic theories when they don’t match up with reality… the argument for a 50 basis point drop has been painfully obvious for months  – to anyone operating in the real world anyway! The minutes from the last RBA board meeting on Melbourne Cup day give what most business owners and real people would deem a lot of irrelevant nonsense. The conclusions (to what takes a huge commitment to read to the end) are feeble excuses for recent decisions and a poorly veiled admission of error. They then continue on the same path with excuses why further rate cuts are off the agenda until economic conditions change.

RBA Excuses

Here’s just a snippet of what they wrote then I’ll tell you what I think…

Members discussed whether the improved picture for inflationº meant that it was no longer necessary to maintain the slightly restrictive stance of monetary policy¹ that had been in place over the past year. A case could be made for leaving rates unchanged on the basis that, unless the world economy turned down in a serious way, the expansionary effects of the high terms of trade and the associated investment build-up would, in time, assert themselves more fully, even though recent conditions had been softer than expected. In that event, policy settings on the tight side of normal would be appropriate over the medium term. In the meantime, the expectation that policy might be eased was itself being reflected in a reduced level of market interest rates.

The case for an easing in policy was that there had clearly been material changes to the recent course of, and outlook for, underlying inflation over recent months, while the downside risks for the global economy had increased. While the financial conditions that had been in place over the past year had helped contain inflation pressures in the economy², with the change in outlook that stance was no longer necessary. A more neutral setting would, on this view, be compatible with achieving sustainable growth and inflation consistent with the target over the period ahead.

On balance, members concluded that it was appropriate for there to be a modest easing³ in the stance of monetary policy.

• º The improved picture for inflation was a long time in the making. The manufacturing, retail and tourism sectors had been doing it tough for a while and the inevitable impact of Europe’s financial woes was always going to mean less demand on Chinese produced goods, thus less demand for Australian raw materials. Less demand will always result in cheaper prices.
• ¹ I thought Australia was now part of a global economy. Our interest rates may be low compared with recent history or in the mid-range by historical standards, but by global standards they are very high. Using the term ‘slightly restrictive stance of monetary policy‘ is incorrect no matter which way you interpret it.
• ² Regarding: “the financial conditions that had been in place over the past year had helped contain inflation pressures in the economy“. Inflationary pressures were being contained due to economics anyway. What the RBA did added to this inflicting unnecessary pain on a number of businesses and people in their obsessive pursuit of ‘curbing inflation’.
• ³ When they say “appropriate for there to be a modest easing” – that’s code for rates need to come down but we are not going to move too quickly or it’ll be obvious to everyone that we got it wrong.

So Where To From Here With Interest Rates

Rates are coming down, as they should be. It’s one thing to be cautious and another to be paranoid about inflation. You don’t need to be a rocket scientist, an economist or a member of the RBA board to know that things have cooled and that the impact of the debt crisis in Europe is going to further take the pressure off inflation here in Australia. You just need to gauge the ‘economic temperature’. Perhaps the RBA will show a bit of ‘street smarts’, quit trying to merely read data and look around at real life and drop rates again by a further ¼% in December… but these guys are merely ‘classroom trained’ – so I doubt it. If history is any indication they will wait until what is obvious to you and me shows up in statistics next year – when the data is already some months old – and will cut rates then.

Either way this will result in (home owners and) investors being drawn back into property markets offering the best deals (i.e. those that have been stagnant at the bottom of the cycle for some time). This is great news for anyone positioned to take advantage of such opportunity.

Be Wise And Responsible

The thing you need most of all is a plan to move forward. This requires an analysis of your current position followed up with a strategy to achieve your desired outcomes. To this end mrd can offer no pressure, genuine assistance.

Here’s what I recommend:

Complete an online ‘My Starting Point’ assessment. It’s simple, complimentary, and can be done online via our secure form >>>here

NB: Should you take up this offer we will assess your current position and offer any suggestions as to how to save on interest payments, improve your existing financial structure and/or what more competitive options may be available. We will also offer you a complimentary ‘Property Strategy Blueprint’ consultation. Stack the odds in your favour by starting your complimentary education today >>>here

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There are now just “ONLY 74 Days Left Till The $10,000 Qld Building Boost Ends”

NB: Fully executed contracts must be exchanged by 31st January 2012

Queensland Government’s $10,000 Building Boost!

Find Out All About It Here!

$10,000 Government Grant Available

Opportunities to purchase quality residential property in Robina are becoming scarce these days. Robina is in every way a place to live, a place to play and a place to work. Population has grown from zero in 1980 to now almost 30,000. Today Robina is the centre of the greater Gold Coast Area – the heart of a buzzing, well-established & sophisticated residential and commercial place with just about everything you need within a short distance. Read more…

At a family gathering last week, my brother Andrew mentioned that a friend of his who receives my weekly newsletter - I’ll call the friend John - asked why I always say it’s “A Good Time To Invest In Property”.

John went on to say… “Whether interest rates are going up or down… whether the economy is doing well or not so well, Nick always says it’s a great time to get into property”.

The answer to this is really simple but needs to be understood in the context of the system mrd promotes – we call it “set ‘n’ forget… for busy people” ™.

If you were a property trader, a renovator, a speculator or simply someone who bought and on-sold properties, timing the market would be really important. When to get in and when to get out would be primary considerations. But you see in 120 years of recorded history Australian property has grown at an average of 10.4%. Records reveal that in the UK over 920 years residential property has risen by 10.2% per annum. The important consideration for those following our buy and hold philosophy is time in the market! For how long will you have property in the market?

Assuming you buy right you have every reason to expect your properties will average a doubling cycle of every seven years or so. A well located property may take nine years to double and then double again in five; I’m talking long term averages. NB: 10.4% p.a. growth equates to a six years and 11 months doubling cycle.

Another reason “it’s always a good time to buy property” is where you buy. All areas have their separate cycles and at any time there will be some that are softening (prices dropping) and some that are starting their upward cycle. The Melbourne market recently peaked and is now dropping; I think all property analysts agree with me on this. John Edwards CEO of property data provider Residex recently said “…when we look at the supply of stock of properties in Victoria it is clear that this market could have a considerable amount of adjustment (dropping values) in it. Our numbers indicate that Victoria could have a significant stock surplus of something in the order of 24,000 dwellings, mainly in the medium density market.” Conversely the Brisbane market seems to have bottomed and is showing signs of lifting now.

The Very Best Time To Invest

So what we teach people is to buy and hold the property and the best time to buy is when your bank will give you the funding! The irony is that now is a buyer’s market in many places. Even more so in places like SE Qld where the market has been flat for a long time and there is certainly a sense of desperation and despondency on the side of some developers who have grown tired of holding costs and paying interest to just clear up the last of their developments.

In a buyer’s market where you can buy for little money you have to take the good with the bad; i.e. accept that the valuers are going to value the property you currently hold very low as well. So when it comes to borrowing against your own home or maybe the one, two or three properties you have in your property portfolio you are not going to find the equity that would be there in a red-hot seller’s market.

So the difficulty is actually affording a property in a buyer’s market.

Read more…