August 2024: Rising Costs, Smart Home Loan Moves Needed
The national home values in Australia increased by 0.5% in July 2024 continuing the growth throughout the year. However, Melbourne and Hobart declined in value for the month by 0,9% and 0.8% respectively.
As the property value grows, Australian homeowners continue to face the pressure of increasing mortgage repayments with the mortgage interest rates remaining at record highs post-covid. Commonwealth Bank of Australia reported that the average mortgage holder now dedicates over 20% of their gross income to their home loan.
Here’s our article to help you better manage your home loans post-settlement.?
??Exciting New Partnership with AustCham Korea!
We are excited to announce our new partnership with the Australian Chamber of Commerce in Korea,? a leading organisation that supports Australian businesses in Korea.
This collaboration enhances the accessibility of our services by providing our clients in Korea with exclusive insights and opportunities, ensuring they receive the best support and guidance for their financial and property investment strategies.
???August Check-In: Are You on Track to Avoid Tax Penalties? It’s time to review and save!
Experience the easiest Australian tax return lodgement of your life with Odin tax.
?Hassle-free Document Collection: We collect documents directly from property managers and banks (with your authority, of course), saving you time and hassle in gathering paperwork for your taxes.
?Great Barrier Reef Guarantee: We guarantee to lodge your tax return within 30 days of receiving your documents, or you don’t pay. It’s that simple.