Ask Kevin Young Episode 113 – GDP, How Does It Affect Your Pay?

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G'day, During this week's episode of Ask Kevin Young, I will be discussing all you need to know about Gross Domestic Product (GDP) and how it affects you and your pay. Australia continues to face tough economic times with decreasing GDP and employment rates. With not enough money circulating through the economy, it may seem daunting. Are we all headed towards ...

Ask Kevin Young Episode 112 – Can Property Prices Continue To Rise?

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G'day, Welcome to another episode of Ask Kevin Young. This week we've received so many great questions from property owners about property prices going up and what's happening with interest rates at the moment. Once again the media is talking about how everything is going up, and again I'm letting you know that this just isn't true. Property prices are ...

Ask Kevin Young Episode 111 – Should you use your own house as a deposit on an investment?

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G'day, Welcome to another episode of Ask Kevin Young, this week I'm answering the question should you use your current house as a deposit for your first investment property? Most people don't have enough money saved up in the bank to get started and with current taxes so high and the super levy, it can be difficult to save up ...

Ask Kevin Young Episode 110 – Is Foreign Investing Affecting Australia?

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G'day, Welcome to another episode of Ask Kevin Young, this week I was asked how foreign investment is impacting property prices. Did you know that foreign investors actually don't affect the property market very much? In fact, less than 1% of all property prices are affected by international buyers. Not as high as you might think. So is foreign investment something ...

Ask Kevin Young Episode 109 – The GFC Did Not Affect Australia

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G’day, Welcome to another episode of Ask Kevin Young, this week I’m asked if I have any tips for investors incase of a future global financial crisis. Funnily enough the 2008 GFC didn’t affect Australia, so as an Australian property investor there isn’t too much to worry about. The Great Financial Crisis of 2008 was a Northern Hemisphere Financial Crisis, ...

Ask Kevin Young Episode 108 – Kevin Predicts Interest Rates

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G’day, In this week’s episode of Ask Kevin Young, I’m talking about what’s happening with current interest rates. If you believe the media, you’ll likely think that the interest rates are going up, but they’re wrong. The next move by the Reserve Bank will be going down, I predict they’ll actually be going down to about 1%. The banks can ...

Ask Kevin Young Episode 107 – Can You Explain Land Tax?

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G’day In this week’s episode I’m going to explain how land tax works. Land tax is a state tax calculated on the land value of the property you own. Currently in QLD you pay land tax once your land value goes over the $600,000 threshold. So what’s the benefit of land tax? Well for you there’s not really any, the ...

Ask Kevin Young Episode 106 – When Will Brisbane Property Prices Rise?

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G’day In this weeks episode I’m going to discuss when Brisbane’s property prices are going to take off. Currently, Brisbane’s growth is sitting on the ground floor compared to some other major cities in Australia. The media has spun this by saying the growth has been going back 4% each year, but this is just not true.  The problem is ...

Ask Kevin Young Episode 105 – Help Your Kids Out

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G’day, In this weeks episode I'm in Sydney to discuss what's known as the grey haired campaign & if you should be using your kid's signatures to increase bank lending to help them get a foot in the property market? The main problem is that the banks are putting a credit squeeze on Grey Haired borrowers like me, who are trying ...

Ask Kevin Young Episode 104 – Is Negative Gearing In Danger?

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G’day! In this episode I discuss what changes to negative gearing or capital gain tax mean to property investors. Although it might mean re-calculating income and budgets, changes to negative gearing might actually be a good thing for investors who already own a property. Despite this, I think it is just the media digging up stories that have no basis. ...