1. Rating Agency - Moodys is forecasting continue declines - due to Soft Household consumption & low wage growth

2. An increase of Mortgagee in Possession Sales & Low Auction Clearance Rates

3. No changes to tight lending conditions… Watch out for any changes!

1. Small & Medium Business owners trying to use property value to get business loans

2. Less transactions are starting to affect property employment

3. Consumer sentiment .. is it affecting discretionary spending?

-Collaboration -Building network -Property Investing -Property Development

1. What is the quality of the renovation, have they hidden some of the faults, are there further works to do?

2. What is the story behind the renovation - was it a reno-flip, who did the works

3. Price - Did the seller Reno & Flip, and looking to get maximum price - What are the comparable un-renovated prices in the area? - It might suit you buy renovated, as you are time poor

1. Are people shopping online more?

2. Are people spending at shopping centres?

3. Are you seeing stores close? (e.g. 30 Big W stores to close) Unemployment Rate is still very low, will it change?

1. What due diligence are you doing on the investment? Do the promises stack up?

2. Are you looking to make a quick buck? Where is your current mindset leading you?

3. Are you discussing the idea with experienced and successful people? 4. Is it worth taking legal action to recoup lost monies?

1. Labor - Negative Gearing & Capital Gains changes to start 1/1/2020 and Liberal - it is likely to be steady as you go

2. APRA relaxing interest only lending - with some lenders offering 10 years IO periods

3. The servicing on loans is still high, which means that those that are cashed up can buy

(discussion based on the Liberal Party Federal budget on 2 April 2019)

1. Good to see the Federal Accounts close to surplus - it is spending time

2. Tax cuts will help will help lower income earners - spread over a number of years

3. The massive increase to infrastructure spending - how will it help?

1. Often the data is 3-6 months delay on being announced to market

2. Being on the ground will give you a great sense on prices, number of buyers/sellers, auction frenzy or reductions

3. Property goes up over 20 years (especially in capital cities) - Thinking about long term doesn’t mean you buy in declining markets