With the rise of the sharing economy, the accommodation industry has seen a significant disruption. The primary catalyst behind this disruption is Airbnb, a platform that has reinvented how people travel and invest in real estate. The desire for more cashflow has prompted some landlords to ponder whether they should list their properties on online…
We all have 24 hours a day and how we spend them depends on the nature of our work, priorities and other commitments. A new study was published using time surveys and labour force surveys crunching the numbers and working out what the average human day looks like around the globe. Interestingly, the results show…
When was the last time you went on holiday? For some that may be a touchy subject, as many Aussies were restricted in their movements over the last few years But now that the borders have opened again and holidays are back on the agenda, I would suggest there will be a similar process involved…
There’s no right or wrong way to bring up your kids. I bet you’ve looked at some of your friend’s children and considered them spoilt brats. Well, research by Roy Morgan found children who have all the toys they want are more likely to grow up to want money, not happiness. The New Daily report…
Did you know that the amount of money you need to be in the top 1% of wealthiest people in Australia has doubled over the past two years? Well, the latest The Wealth Report of Knight Frank Research revealed that in Australia, the entry point to the top 1% is US$5.5 million, up from US$2.8…
You won’t have to look far to hear an opinion on property. From dabblers through to multi-million-dollar portfolio owners, it’s an industry with plenty of advice coming from all corners, and plenty of emotion attached to each opinion. In fact, I’ve often said there are 25 million property experts in Australia But I should warn…
Even though the property market has cooled from its pandemic-induced peak, Australia’s sky-high inflation, soaring cost of living, near-record-high interest rates and tightening lending requirements mean many would-be first-home buyers are still struggling to get their foot onto the property ladder. And those who are homeowners might be struggling to keep up with hiking repayment costs….
Australia’s population grew at its fastest rate in more than 13 years in 2022. According to the latest figures released by the Australian Bureau of Statistics (ABS), it grew by a whopping 1.9 per cent in 2022. We recorded an increase of 496,800 people through 2022, driven by the nation’s single largest annual intake of migrants, …
Cash-strapped Aussies are turning to gambling as a ‘quick fix’ as expenses spiral out of control, According to new research by Finder almost 1 in 5 Australians (18%) have increased their gambling habit over the past year. That’s 3.6 million Aussies who have upped their spending on everything from powerball to pokies. The research found…
The RBA Board decided to hold interest rates steady at 4.1% in July to provide additional time to assess the outlook for the economy. In the Governor’s statement today, the RBA said: “further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe, but that will depend…
