Known as the land Down Under, the Australian economy is completely the opposite of its nickname. Australia’s economic resilience and potential provide investors a safe, low-risk environment to do business. In fact, the Australian economy is the 12th largest in the world with its 25 years of uninterrupted annual growth.
5 major sectors contribute to Australia’s future global growth:
- Wealth Management
Saving for the future
Australia is home to the largest pool of funds under management in the Asia-Pacific region. Which makes Australia the place to be for investment opportunities. One area you can explore is the self-managed super fund (SMSF), which is a superannuation trust structure. It provides a way of saving for your retirement.
According to Sentinel Property Group, utilising self-managed super fund (SMSF) to buy property is popular. Though, you have to weight everything and be careful when making decisions in acquiring property through your SMSF. Make sure it supports your investment strategy. It also has to avoid unnecessary risk. There are many advantages in buying property using your SMSF. One of these is in tax. The fund will be taxed lower than many people's personal tax rates.
Guide for property investment decisions
A property investment firm can offer you a helping hand to get the most of your investment. A good company customises each and every customer’s needs and aspirations. It makes sure that the customer is fully informed. It delivers security to the investors through hands-on asset administration, strategic property purchases and identification of value-added potential to investments.
The company to look for should consist of seasoned individuals who are considered experts in their respective fields and have knowledge on income generating techniques, capital growth potential and tax management and much more.