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Can you remember the last time you made $145,000 without lifting a finger? Not many people can. However, Wealthology clients who have followed our advice and invested in one particular area that has skyrocketed… have done exactly that. Welcome to the Wild Wild West Now to be clear from the start, the area I’m going to discuss in this blog is Perth. While Perth's geographic location might make it seem like [...]

Investing in property is a popular strategy for building wealth and securing financial stability. However, one aspect that often goes overlooked by property investors is the effective management of tax obligations.  The Australian Taxation Office (ATO) offers a tool known as the "tax variation form" (also referred to as PAYG income tax withholding variation application), which can provide significant advantages for property investors.  In essence, the variation is a forecast view of what [...]

The Australian property market has started 2024 with undeniable momentum, akin to an unstoppable force.Our research team has highlighted some stellar performers as the year kicks off. However, caution is warranted; not all markets are created equal.Some will likely outperform, while others may remain quieter. Identifying the right market is key to smart investing in the dynamic landscape of Australian real estate.Momentum Continues in MarchAustralia's housing market has maintained its ascent [...]

Retirement should be about enjoying the golden years, not worrying about financial survival. Understanding how to calculate your ideal passive income for retirement is critical for this dream to become a reality. In this blog post, we'll delve into what passive income is and why it's vital for retirement. Let's start your journey towards a comfortable retirement.  How much is enough for retirement?  As the first step in planning for retirement, you need [...]