Despite predictions of property prices tumbling because of distressed sales, recent data from Domain shows that most capital cities around the country have seen only very marginal increases in distressed listings, while in Canberra and Brisbane the number of distressed listings has actually fallen. The property pessimists are suggesting that many first homebuyers and investors have…
Have you seen some of the headlines recently with regards to property prices? Some headlines have suggested our property market could drop anywhere from 20% – 40%!!. Admittedly, rather than opting for a balanced viewpoint, the media elected to take the word of the usual doom merchants. But it certainly made me think twice and…
Everyone is aware that there’s a bit of friendly (and sometimes not-so-friendly) generational rivalry going around between the Baby Boomers and the Millennials, with a lot of spicy debate around which generation faces the biggest number of issues. Millennials think Baby Boomers inadvertently set them up to fail – while Baby Boomers believe their younger…
Immigration has been a key driver of Australia’s population growth and economic growth, but what happens now that our borders are closed? The coronavirus is driving the biggest population decline in Australian history, with 300,000 tourists, temporary workers and students already departing this year in an exodus that threatens to deepen a consumer spending slump…
Can you remember a more uncertain time over the last decade? I know I can’t. As every day goes by there are further updates and announcements for the Covid-19 virus and rarely is it good news. Sure, the time will pass, but the truth is nobody knows how long we will be in this holding…
I am sure you have heard certain points in time are those when “The rich get richer”! I know I always used to think to myself, if only I could find them! Amongst the doom and gloom that is Coronavirus, I have some good news….. That time is fast approaching. Here are my thoughts; See…
With many Aussies feeling the financial pinch as a result of the COVID-19 outbreak, Australian credit card holders are turning to banks in an attempt to secure some much needed relief. In recent weeks, the Big 4 have announced a number of measures to provide support to their customers during this difficult time, offering assistance in the…
Aren’t we living in incredible times! It may appear we are on a downward spiral as each news flash drives our emotions darker and deeper. As a human being, let alone an investor is an incredibly difficult time. Many of us have momentarily lost our rudder, our direction, clarity and certainty and I suggest it…
As our property market, economy and demographics continue to evolve, the astute investor has to keep up with all of these changes and adjust their strategy to suit. The good news is, if you’re thinking of making 2020 the year you become a property investor (or the year you grow your portfolio), you’ve got the…
Retail spending is on the rise because of the Corona Virus. According to finder.com.au shoppers spent an extra $13.5 billion in the last month because of panic-buying. COVID-19 panic-buying is cost Australians an average $848 extra last month, or a combined estimated $13.5 billion according to Finder. No real surprise here when you see the…
