Cassidy Meyer

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Unemployment Rate Rises to 4.1% 📈 The Australian Bureau of Statistics (ABS) reported a slight increase in the seasonally adjusted unemployment rate, now at 4.1% for June. The data, covering the period from 2 June to 15 June 2024, revealed an uptick of less than 0.1 percentage point. This change accompanies a rise in the participation rate to 66.9%, nearing the historical high of 67.0% set in November 2023. 🗣️ ABS head of labour statistics Bjorn Jarvis highlighted the dynamics behind these numbers, noting, "With employment rising by around 50,000 people and the number of unemployed growing by 10,000, the unemployment rate saw a slight increase." Despite this rise, the employment-to-population ratio also edged up to 64.2%, close to its historical peak of 64.4% in November 2023, indicating a relatively tight labour market. 📊 Additionally, the ABS observed that while unemployment figures grew by 10,000 in June, the overall employment increased by 42,000 people, surpassing the pre-pandemic average growth rate. Hours worked also saw a notable increase, with seasonally adjusted hours up by 0.8%. Interestingly, fewer people took annual leave in June, contributing to the rise in hours worked. The underemployment rate remained steady at 6.5%, and the underutilisation rate slightly decreased to 10.5%. #AustralianBureauOfStatistics #Unemployment #LabourMarket #EmploymentStatistics #AustralianEconomy #EconomicUpdate

This June has seen three key economic updates: 1. Tax Cuts  These will come into effect from Monday 1 July. This will see $23 billion worth of funds flow into Australian's bank accounts. 2. The Inflation Rate The inflation data was released on 26 June, coming out at 4%. This rate is higher than the Government and the Reserve Bank of Australia would like to see, however this number will be reviewed in the RBA's next meeting, scheduled for August 2024. 3. Property Price Increases The CoreLogic June update revealed that property prices across Australia have increased by 1.9% for the last quarter. Annualised, this equates to approximately 8% - a great result for property owners. Now, many Australians hold significant equity in properties they purchased in recent years. To find out how to best leverage your equity, or for any other property or finance discussions, reach out to the friendly team at Lending Association today! ✉️ concierge@thelagroup.com.au 📞 02 8935 1177 Disclaimer: Any information provided herein is of a general nature only. No consideration has been taken into your objectives, needs or financial situation. Before acting on this information you should consider if it is appropriate for your situation. #LendingAssociation #homeloans #lending #finance #mortgagebroker #realestate #firsthomebuyers #nationalmortgagebroker #2024 #cashrate #rba #Juneeconomicupdate #taxcuts #inflationrate #propertyprices

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{URGENT SALE} Popular Hotel – Pub ‘The Bridge Bendigo’ (Administrators Appointed) – VIC Income FY22 $2,110,824 FY23 $1,888,567 FY24 $1,298,533. 
FOR SALE BY EXPRESSION OF INTEREST FOR THE ASSETS. EOI closes Wednesday 12th June 2024 Renowned for its exceptional cuisine and a diverse selection of local Heathcote and regional wines, The Bridge Bendigo promises a delightful experience in a historic setting. With a perfect ambience and outstanding décor, it is the ideal place to savour delicious food, enjoy great company, and embrace the charm of the city. The Company currently employs 21 employees broken down as follows: - 3 Part-Time Employees - 18 Casual Employees Administrators are continuing to trade the business of the Company while a sale is explored and are seeking proposals and offers for the sale of its assets, which may include plant and equipment, office furniture, stock, registered trademarks, website and customer lists (subject to privacy and confidentiality restrictions). Business Highlights - Liquor Licences - Live Music weekends - Capacity for 300 patrons - 15,000 social media followers - Opportunity to discuss new lease - 19th largest city in Australia - 136 km from Melbourne ALL OFFERS OVER WILL BE CONSIDERED, and forwarded by Xcllusive Business Sales to the Administrators for consideration. Inquire here: https://lnkd.in/gZTpQCHP #businessopportunity #xcllusive #xcllusivebusinesssales #xcllusivebusinessbrokers #businesssales #TheBridgeBendigo #BendigoPub #HospitalityIndustry

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Consumer confidence down, property sluggish and potentially stagnant... Sarah Wood, CEO of realestate.co.nz, notes:  “This indicates a cooling of buyer interest amid economic uncertainty. It is a significant shift as most regions have experienced year-on-year demand growth during 2024 until now.”  Roughly 59% of New Zealand’s existing mortgages (by value) are up for renewal within the next 12 months. Thinking of selling, or need to sell.... maybe it's time to get more strategic! #realestate #property #downturn #market #timing https://lnkd.in/g9Szgwnr

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According to NAB’s Quarterly Australian Residential Property Survey for Q4, the overall market share of all first home buyers in new property markets increased to 31.8%. A main driver behind this is the increase is from the many government initiatives available to first home buyers. The most common initiative that we see being used is the First Home Guarantee Scheme, which allows eligible purchases to buy with as little as a 5% deposit. Follow the link to learn more. https://lnkd.in/gQbjxrQM

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Welcome to July! 🎉 As we step into the heart of Winter here in Ballarat, it’s a great time to consider buying or selling property. Whether you’re a first-time homebuyer or looking to make a move, here are a few hot tips for navigating the property market this month: Hot Tips for Buying or Selling in Winter: 🔍 Inspect Thoroughly: Winter weather can reveal issues like leaks, drafts, and heating inefficiencies. Make sure to inspect properties carefully and look out for these potential problems. 📉 Leverage the Market: Winter tends to have fewer listings, meaning less competition. Use this to your advantage whether you're buying or selling. 📑 Prepare for Settlements: With the colder weather, ensure all documents are ready and any necessary repairs or updates are completed promptly to avoid delays. 🔥 Highlight Winter Features: If you're selling, emphasise features like efficient heating systems, fireplaces, and cozy indoor spaces to attract buyers. At Munro & Associates Conveyancing, we’re here to help make your property transactions as smooth and stress-free as possible. Need assistance or have questions? Send us a message or call us at 03 5309 2335. Let's make this July a successful month for your property goals!

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Navigate the property market with confidence! Our First Home Buyers Course shares insider advice, highlights costly mistakes to avoid, and empowers you to make savvy real estate decisions. #FirstHomeBuyer #PropertyInvestment

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Are you a first home buyer with questions like, "What is a good interest rate?" or "How much deposit do I need?" Get the answers and more from Elders Head of Home and Commercial Finance, Stephen Gibson. Discover essential tips on assessing your financial health, understanding different loan options and avoiding costly pitfalls like Lenders Mortgage Insurance (LMI). Click to read more: https://lnkd.in/gFdAG5eX

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Thinking about real estate investment? Discover why townhouses in South Auckland are a smart choice. Our latest article, "A Guide to Townhouse Investment in South Auckland", offers key insights and tips.

Avoid costly mistakes with your first home purchase! Join our First Home Buyers Course in Sydney to gain knowledge, confidence, and crucial understanding of the real estate market. #FirstHomeBuyers #SydneyRealEstateCourses

At Cashflow Properties, as a dedicated buyer’s agent, we recently helped a client secure an excellent investment property, and they couldn't be happier with the outcome. Client Purchase Details: . Purchase Price: $445,000 . Property: Modern home built in 2013 . Current Rent: $440 per week (with potential to rise to $500 per week) . Yield: 5.14% . Vacancy Rate: Impressively low at 0.6% Prime Location: This beautiful property is situated close to the beach and boat ramps, making it an attractive option for tenants who enjoy coastal living. The location offers both convenience and lifestyle appeal, enhancing its rental desirability. Property Features: . Bedrooms: 4 . Bathrooms: 2 . Garage: Double . Land Size: 708 m² Financial Benefits: In addition to the strong rental yield, the property comes with the added advantage of depreciation, providing significant tax benefits. This can enhance the overall return on investment, making the financials even more appealing. Why This Property Stands Out: This modern home, with its spacious layout and prime location, is a perfect example of a sound investment. The combination of low vacancy rates, potential for rent increase and depreciation benefits makes it a standout choice for any investment portfolio. If you're looking for similar opportunities, contact us today. We’re here to help you find the perfect property to meet your investment goals. ☎️ - 1300513825 📧 - info@cashflowproperties.com.au 🌐 - https://lnkd.in/d5XW2VKc #realestate #realestatelife #realestateinvestor #realestateinvesting #passiveincome #propertyinvestment  #investmentproperty #investment #financialindependence #wealth #rentalproperty #property #financialplanning #passiveincomeinvesting #wealthcreation  #Buyersagentsydney #buyersagentbrisbane #buyersagentqld #buyersagentaustralia

WHY I LOVE DUAL OCC 🔥🔥 * super charge the cashflow * Solid yields * You own the land * 2 leases means if one tenant leaves you still have income * No body corps * Affordability for tenants HOUSE & GRANY - ZONED FOR UNITS Recent client purchase Price: $690k Current rent: $710pw Market rent: $710pw - $750pw Block size: 405sqm Being on the ground everyday, finding great investment deals for you, is what we do! 🔥 #growth #yield #property #cashflow #buyersagent #value #buyersadvocate #why #dualincome #dualoccupancy

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