Michael Yardney's blogs, articles and market commentary

Michael Yardney

About Michael Yardney

Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He has been voted Australia's leading property investment adviser and his opinions are regularly featured on radio as well as in major newspapers and magazines throughout Australia. Visit Metropole.com.au

Retirees will cause economic ‘black hole’

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In another argument for increasing migration an article in Adelaide Now  last year explained how a $68 billion pension blow out will force the Federal Government to raise immigration levels and taxes.

Economists say the mass retirement of 4.5 million post-war baby boomers over the next decade, with the first wave born in 1946 reaching the pension age of 65 this year, will lead to a $68-billion-a-year blowout in the cost of aged pensions and healthcare, creating an “Enron-style” black hole in the federal budget.

Analysis by demographic economists MacroPlan Australia, using government data, shows the annual bill for pensions will almost double to $63.5 billion a year by 2020. [Read more...]

Putting the European volatility in context

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Dr. Shane Oliver, Chief Economist for AMP Capital  discusses Europe’s current economic issues and looks at what this means for Australian investors.

He explains what’s happening in Europe and how this may affect China and what this could mean for finance in Australia.

The news is not as bad as some make out…

[Read more...]

Economic Update – it was been a very bad week. What does this mean for property invetsment?

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In this 4 minute video Westpac Senior Economist Huw McKay comments on the week’s market events with a look at the Consumer Sentiment Index report and the effects of China and the political situation in Greece on the Australian dollar.

There’s been a lot of bad economic news this week [Read more...]

Saturday Summary – the most interesting property investment articles I read this week

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Each Saturday morning I like to share with you some of the interesting articles I’ve read during the week.

I’ve put them here all in the one place for your easy weekend reading and to make it easier for you to improve your property investment knowledge.

Enjoy your weekend….and please forward to your friends by clicking a social link button on the left. [Read more...]

10 of Albert Einstein’s best quotes

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Albert Einstein’s theory about how fast the universe is expanding has been proved correct by British scientists who praised his “incredible accuracy”.

He was always known for his insightful words, so here are 10 of his best quotes. [Read more...]

Fortune will favour the patient

Property Update

Wouldn’t it be nice if we could wave a magic wand and instantly pull the Australian economy and property markets out of uncertainty and into a robust recovery?

Barring an unlikely Fairy Godmother popping in to grant us that one wish, the only thing we can do at the moment is watch, wait and remember that old adage that patience is a virtue.

There’s no doubt that things will pick up again at some point in the future. [Read more...]

Gold Coast loses its lustre with international developers

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Unless you’ve been living under a rock, you probably know that Queensland’s property market has had a less than sunny run lately.

A dark cloud has shrouded many parts of the Brisbane housing sector and Gold Coast real estate prices have fallen substantially in recent months as buyers look for their little piece of paradise elsewhere. [Read more...]

Australian Housing Market Update – May 2012. What’s happening to your property investment?

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Tom Lawless gives RP Data’s take on the Australian property markets in this video. If you’re interested in property investment this is a must watch short video

Lot’s of good info and a state by state summary of what happening in the real estate markets.

His summary – Soft April home values and expectations of lower interest rates point to a further improvement in housing affordability

Capital city dwelling values were down -0.8% in the month of April following the stability witnessed over the first quarter of 2012, leaving national home values down -0.7% year to date.

 

 

 

Saturday Summary – the most interesting property investment articles I read this week

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Each Saturday morning I like to share with you some of the interesting articles I’ve read during the week.

I’ve put them here all in the one place for your easy weekend reading and to make it easier for you to improve your property investment knowledge. Obviously there is an emphasis on the budget and how it will affect your property investments, but there’s a whole lot more.

Enjoy your weekend….and please forward to your friends by clicking a social link button on the left. [Read more...]

Another 8 property investment myths

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In a previous article I explained how despite us living in a land of plenty, the sad reality is that the majority of Australians will never achieve financial freedom. On the other hand a small group of Australian property investors are becoming very wealthy.

Today I continue exploring the common money myths that hold many people back from achieving their financial goals. [Read more...]