Australia’s population increased by 136,300 people in 2020. This was the slowest population growth since ABS records began in 1982. There were 294,400 babies born in Australia last year, the fewest births in 13 years – down 3.9% over the previous year. And there were 161,400 deaths in the past year down by 3.4% over…
What information do you analyse when you decide to invest your hard-earned money in property? I know firsthand just how much information and data there is out there to try and get your head around. It can easily lead to a serious case of analysis paralysis. Adding to that, you will soon find that almost…
Australia’s households just keep getting richer. Australian household wealth grew more in the last year than it did during the preceding three years combined. Despite living through the first recession in almost three decades, household wealth in the year to March 31 increased by 15.3 per cent, the fastest rate since the middle of the…
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Who do you turn to when it comes to building a higher level of wealth? Some would argue it has never been easier to build a greater level of wealth. There are books, podcasts, the internet and access to professionals that may not have been so easily accessible even a decade ago. People who have…
Have you ever considered that buying in a strong school catchment will increase the value of your home or investment property substantially faster? I know I have been speaking about it for many years! But being a numbers person to make my decision I had never see it put so clearly – in black and…
Despite many Australians saving more during the height of the pandemic in 2020, a worrying number don’t have an emergency savings fund to fall back on if something goes wrong. Alarmingly research by Finder, found 31% of Australians don’t have enough savings to cover even one month of living expenses. Just 1 in 3 have…
The ATO recently revealed the top 10 highest paying jobs in the country as well as how much “ordinary” Australians are earning. Interestingly the medical profession took out the top three spots. Surgeons earned an average of over $394,000 a year, followed by anesthetists bringing in $386,000 a year and internal medicine specialists earning $…
The proportion of landlords negatively gearing rental properties has fallen below 60 per cent for the first time on record, reflecting a decline in interest rates. Of course, negative gearing isn’t an investment strategy – it’s just a reflection of your funding and cash flow at a particular time. New data published by the Australian…
The reality is, the majority of Australians do not have enough superannuation for a comfortable retirement. And this means you could be forced to work for longer than you’d planned. This is a big problem for baby boomers in particular given the latest ABS data shows us there are nearly three million Australians over 50…
Sydney homeowners could earn more than double the average annual wage by the end of the year if economists’ house price predictions come true. Corelogic’s latest home value index showed Australia’s property boom continues to roll-on while housing values lifting another 2.2% in May alone. Home values grew stronger in May than they did in April…
