Dear %%first_name%%,
There appears to be a double threat to markets at the moment in the form of Wayne Swan and Labor’s proposed changes to superannuation combined with the rumblings going on in North Korea. The US market was a tad off on Friday night but I believe that was inconsequential.
Closer to home superannuants continue to be spooked by Labor’s ongoing talk of changes in the upcoming budget. If the Gillard government determines that rich means anyone with more than $1 million in their super, I believe their loss in the upcoming election will be even bigger than expected.
Back to our property special, and this week we have Paul Rickard’s table of the best loans for SMSFs looking to borrow to buy property. This is crucial information for anyone exploring this option. We also explain what you need to look for when you approach your bank.
And Tony Negline takes a look at questions you need to ask when considering landlord’s insurance. Not all policies are created equally.
The weekly auction clearance rates might have been thin over Easter but are forecast to be back in the four hundreds in both Sydney and Melbourne this week.
Also today we have our weekly broker report by Andrew Nelson.
Sincerely,
Peter Switzer