The most important budget ever, so we break it down and give you some guidance on:

What is the budget?
The two-phased approach the government is taking.
How to relate it to your life? (it’s like running a business)
How does the government get the money to pay for this?

Then we move onto, what are the key areas to think about:

• The government is predicting that we will have a large debt for a long time, so get ready to settle in for low-interest rates.
• What is GPD? Deficit? Bonds? How important are population and unemployment?. More importantly, how unemployment is targeting the youth sector.
• Will tax cuts and all these schemes affect the property market? 

Finally, our take on it all which is:

• It doesn’t matter, this is all high-level stuff. Governments have been tackling issues like this for years, so they are well equipped. 
• The key is to use these times to learn about the impacts, but also zoom into your own life and have a plan. Your plan is yours and should not be influenced by such high-level marco-economic items. 
• Our thought is, assume a flat property market in general, but always know that good property grow well in value over time (better a long time). 

Thanks again and catch you next time.

The Property Heroes

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We release a few different episodes a week

Monday

- A short rapid-fire educational episode about property/real estate

Wednesday 

- A longer form, conversational episode talking all thing property and finance.

Friday 

- A short rapid-fire educational episode about finance. If you have any questions or any comments, it would be great to hear from you [email protected] or you can reach us through our social.

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Website:

https://www.letsbuyproperty.com.au/