Property investors Ben Dempster and Louise Testen began their property journey in their 20s, proving that it’s never too young to get ahead in the property game.
Since Australia was first impacted by COVID-19, a flurry of national economic commentary ensued. A series of fiscal and monetary interventions were deployed to mitigate the projected damage. Australia has fared quite well so far, but this came at a cost. According to data from the Australian Office of Financial Management, more than $122 billion of extra government debt was issued in the first half of the year, equivalent to about 6.4 percent of GDP. With no signs of slowing in the coming months, it is likely our swelling debt will continue, albeit at a lower rate than many other developed countries.
It’s often said that to get far in investing through property you have to know what you want to achieve before you take the plunge – whether the end goal looks like a round dollar figure or a springboard into your next purchase.