The unemployment rate fell to 4.2 per cent in December as more than 64,000 people returned to the workforce. This is the lowest it’s been since August 2008 and before that you have to go back to the 1970s to find an unemployment rate lower than 4%. This is running 12 months ahead of the…
Articles by Kate Forbes
Kate Forbes is a National Director Property Strategy at Metropole. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
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With our property markets surging around Australia, many first home buyers are wondering if now is a good time to get a foot on the property ladder. Last year first homebuyers benefited from a combination of historically low interest rates which boosted their borrowing power; a pause in investor competition for entry-level properties; and government…
If you’re thinking you can invest in cash flow to grow your wealth, I have news for you. It never has been the case, but especially in 2022 in the current investment environment, chasing cash flow might not be the most financially rewarding decision. Here’s why – and what you should do instead. What are…
Inflation has been in the news a lot recently, hasn’t it? And it seems to be scaring some people, particularly younger folk who haven’t experienced rising inflation before and who are currently finding the cost of the petrol to fill their cars and cost of living, in general, is rising. Australia’s current annual inflation rate…
While some very fortunate parents may be in the position to buy their children a house outright, this is certainly the exception and not the rule. And, yet, all parents are likely to cast a cautious eye over property headlines as they ponder… How will my children ever afford to buy a home? Particularly in…
In 2021 we experienced a once-in-a-generation property boom that resulted in almost 400 suburbs joining the million-dollar club. In other words, their median price was over $1 million Based on CoreLogic data published in The Australian there were 67 Victorian suburbs where median dwelling values have risen above $1 million this year. While Melbourne’s median…
Would you be surprised if I told you that making millions, or even being a ‘savvy saver’, has more to do with your attitude towards money than how much you make or spend? Those who become wealthy possess certain characteristics that influence their relationship with money. They are more frugal and less inclined to waste…
In 2021 we experienced a once-in-a-generation property boom that resulted in almost 400 suburbs joining the million-dollar club around Australia. In other words, their median price was over $1 million Based on CoreLogic data published in The Australian NSW had the biggest representation on the list, totaling 176 locations, with many centred around southwest Sydney…
Do you know how many people own more than one investment property in Australia? Trust me – the answer will surprise you! You see, while there are just over two million investors in Australia, about 75 per cent of them own just one investment property. Only about 18 per cent own two, which rapidly drops…
As we move into 2022 — can you believe another year has passed so quickly — it’s a good time to sit back and look at how your money is working for you. How have you gone with your finances last year? Sure it was a strange year, but how are you doing financially? Did…