It’s interesting how things have changed in the last 25 years. And despite all the social, economic and political challenges, many parts of the world of becoming much wealthier, including Australia. In the following graphic, we rank 34 countries by their percentage change in wealth from 2010 to 2023. Figures were sourced from the UBS Global…
Much has been made of the increasing presence of the “bank of mum and dad” in the lives of Australians. We know financial support from parents to adult children is increasingly used for entering the housing market. However, our new research shows that parents are also helping their young adult children in other ways, including…
Your morning caffeine boost isn’t just helping kick-start your day — it might have health benefits as well. Drinking a few cups of coffee daily reduces the risk of chronic liver disease by over a fifth, according to a new study published in the online journal BMC Public Health. Europe consumes more coffee than any other region, exceeding…
Ever dreamed of owning a piece of prime real estate but thought it was out of reach? The future of real estate investment is here, and it’s more accessible than ever! Welcome to the world of tokenization and fractional ownership—a groundbreaking approach that’s changing the game. What is Tokenization of Real Estate? Tokenization is converting…
A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%. The dip below 3% puts the monthly measure of annual inflation back within the Reserve Bank’s target band of 2-3% for the first time since August 2021. The longer-running quarterly measure of annual inflation…
Thinking of adding something to your garden to make it feel more special? Well, a patio could be the only thing you’re missing! Patios provide you with a lovely space to sit outside and enjoy the world outside, and nowadays, they can be customised to suit your every style and taste. Super stylish and functional….
In the center of the United Arab Emirates is a metropolis, a place where you can locate high-end shopping and incredible funding options. Dubai, which is recognized for being prosperous and reducing edge, makes it handy for clever travelers and customers to get into its busy actual property market. People who prefer to make cash…
![Global Debt Hits a New High of $315 Trillion [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/05/debt-270x200.png)
The global debt stock hit a new record in the first quarter of 2024, increasing by $1.3 trillion in just three months. This deluge in borrowing is a widespread trend across economies. While the U.S. and Japan were the largest contributors across advanced economies, China, India, and Mexico drove the largest share in emerging markets….
Feeling the impact of crypto market swings on your investment portfolio? Discover how real estate can offer stability and act as a hedge against the volatility of cryptocurrencies. With the unpredictable nature of crypto markets, diversifying your investments with tangible assets like real estate could be the key to maintaining balance and securing your financial…
Nowadays, you can completely customise your shed – we’re talking about deciding on everything from the size to the colour to the roof pitch. Whether it’s for a small storage unit or a massive garage, your possibilities when designing your own shed are usually limited only to your imagination (and certain regulations, of course). But…
