array(1) { [0]=> &object(stdClass)#5945 (52) { ["id"]=> string(5) "16857" ["title"]=> string(113) "Are property prices set to crash? Should you jump on board the fintok craze? And how to prepare for this tax time" ["alias"]=> string(111) "are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["introtext"]=> string(173) "

On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the property price movements, fintok and finfluencers, and tax time.

" ["fulltext"]=> string(1032) "

Steve Waters, director of Right Property Group, chats about the resilience of the property market in Victoria, where another lockdown is currently in place, as well as Westpac’s latest surprising predictions for property price movements.

RMIT’s senior lecturer of finance, Dr Angel Zhong, reveals the rise of fintok and finfluencers and the dangers social media presents to financial markets.

And lastly, tax and super guru Timothy Munro talks about tax time. He reveals what Aussies need to be mindful of as we head towards 30 June, and why some should look at engaging a professional this tax time.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "302" ["created"]=> string(19) "2021-06-01 06:41:21" ["created_by"]=> string(4) "2404" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2021-06-04 02:43:30" ["modified_by"]=> string(4) "2406" ["modified_by_name"]=> string(15) "Fergus Halliday" ["publish_up"]=> string(19) "2021-06-01 07:20:48" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(240) "{"image_intro":"images\/podcasts\/230321_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg","float_intro":"","image_intro_alt":"","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(855) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","send":"0","test":"0","comments":"1","readingDiff":"3","schema_active":"0","schema_name":"","schema_description":"","schema_thumbnailUrl":"","schema_uploadDate":"","schema_duration":"","schema_contentUrl":"","schema_embedUrl":"","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(76) "property, prices, set, crash, jump, board, fintok, craze, prepare, tax, time" ["metadesc"]=> string(200) "On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the property price movements, fintok and finfluencers, and tax time. Steve Waters, director of Right" ["access"]=> string(1) "1" ["hits"]=> string(3) "206" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1032" ["ordering"]=> string(1) "0" ["category_title"]=> string(7) "Podcast" ["category_route"]=> string(17) "resources/podcast" ["category_access"]=> string(1) "1" ["category_alias"]=> string(7) "podcast" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "82" ["author"]=> string(12) "Robyn Tongol" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(9) "Resources" ["parent_id"]=> string(3) "300" ["parent_route"]=> string(9) "resources" ["parent_alias"]=> string(9) "resources" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#5946 (3) { ["data":protected]=> object(stdClass)#5943 (95) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["menu-meta_description"]=> string(180) "Let us help you decide how you want to invest your money on. Learn the best strategies in investing and options like cryptocurrency, bonds, mutual funds, property and stock market." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2021-06-01 07:20:48" ["slug"]=> string(117) "16857:are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(130) "/resources/podcast/are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["image"]=> string(65) "images/podcasts/230321_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg" ["image_alt"]=> string(0) "" } }

Latest Podcast

Are property prices set to crash? Should you jump on board the fintok craze? And...

Resources

There is $17.5 billion in lost and unclaimed super across ...

Invest

Regional centres, smaller capitals picked for ‘modest gains’ in 2019

By Stephanie Aikins

January 24 2019
Share

Invest

Regional centres, smaller capitals picked for ‘modest gains’ in 2019

By Stephanie Aikins
January 24 2019

Investors have been encouraged to look outside the major markets in 2019, with opportunities present in regional centres and smaller capital cities.

Regional centres, smaller capitals picked for ‘modest gains’ in 2019

By Stephanie Aikins

January 24 2019
Share

Investors have been encouraged to look outside the major markets in 2019, with opportunities present in regional centres and smaller capital cities.

Shane Oliver, chief economist at AMP Capital, has urged investors not to consider current price falls across Sydney and Melbourne as indicative of housing bust.

In his latest analysis, he recommended Australian investors broaden their horizons and look for opportunities in other housing markets this year.

“Other cities and regional centres offer more attractive rental yields than Sydney and Melbourne, and falling prices in Sydney and Melbourne will throw up opportunities at some point,” he said.

Mr Oliver said whilst Sydney and Melbourne remain at risk, with his revised outlook predicting a potential 25 per cent drop in prices to 2020, other cities have not experienced the level of boom enjoyed by the major capitals and therefore are unlikely to crash.

“While prices in other cities are being affected by credit tightening, they were less speculative and so are less vulnerable,” he said.

“Perth and Darwin have already seen prices fall back to decade-ago levels. Other capital cities and regional centres generally didn’t have a boom and so are unlikely to have a bust.

“[For] the rest of Australia, flat prices to modest gains are likely.”

Mr Oliver said the broader outlook suggests an Australiawide housing crash is unlikely, as market fundamentals remain strong.

“Bust is unlikely unless we see much higher interest rates or unemployment – neither of which are expected – driving a sharp rise in defaults and forced property sales or a collapse in immigration, which would collapse demand,” he explained.

“Strong population growth is still driving strong underlying demand for housing.

“While mortgage stress is a risk, it tends to be overstated and is unlikely to be a generalised issue unless interest rates or unemployment shoot higher.”

Mr Oliver encouraged investors to consider their property interests as long-term investments, which still offer value as a source of diversification in portfolios.

“Over the very long term, residential property adjusted for costs has similar returns to Australian shares. So, there is a role for it in investors’ portfolios,” he concluded.

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook. Find us on Twitter for the latest updates

Rate the article

Property

Australia’s house prices rise, again

Australia’s house prices just went up again in a big way. ...Read more

Property

Family Home Guarantee under fire for narrow size and price caps

Questions surrounding the real value of the government’s new Family Home Guarantee scheme have surfaced, with data pointing to several issues with the scheme, including its apparent narrowness in te...Read more

Property

Construction dwindles as HomeBuilder ends

While detached dwelling construction continued to rise in April, the overall number of loans for new homes has fallen, official figures show. ...Read more

Property

When can we expect mortgage tightening?

While interest rates are said to remain low for an extended period of time, changes in the lending landscape are expected shortly, with the RBA itself announcing it is watching investors very closely....Read more

Property

The most affordable city for first home buyers isn’t what you’d expect

While Sydney remains the zenith of the Australian property boom, new research has revealed that it is in fact the most affordable capital city for first home buyers. ...Read more

Property

Australia’s most affordable and liveable suburbs revealed

The most affordable and liveable suburbs across four of Australia’s major cities have been revealed. ...Read more

Property

What the Victorian budget means for property owners

The Victorian government has used today’s budget to announce a raft of changes to the property market, with those at the top being asked to pay a little more. ...Read more

$fractional property investing$

Property

Is fractional property investing a path into the housing market for younger Aussies?

As the price of entering the property market continues to climb, new fractional property investment platforms promise to offer younger Australians a more affordable entry point. ...Read more