http://propertywhiz.com.au/ Property Whiz Articles http://propertywhiz.com.au/?process=views/article.php&articleId=8918 http://propertywhiz.com.au/?process=views/article.php&articleId=8918 I live in a capital city where real estate is expensive, how do I buy my first home on an income of around $50,000 ? The answer is you buy your first house, not your first home. Take as an average price for a house in Sydney to be $600K and a regulation deposit of 10% = $60K Take an average wage of $50K per annum this attracts a tax payment each pay week of $200 (ATO web site) ($10,350 per annum) Now let’s look at cash... http://propertywhiz.com.au/?process=views/article.php&articleId=8917 http://propertywhiz.com.au/?process=views/article.php&articleId=8917 What is the real definition of a franchise? and what are the advantages of having a franchise over any other form of business model? Many people think that a franchise is simply defined by its logo and the system under which it operates. This is a very narrow and dangerous view. In Australia under the Trade Practices Act 1974 there are 4 points that need to be present for a business to be classified as a franchise. They are as...