There’s a saying in property circles that you make your money on a piece of real estate when you buy it. The gist of this is, that if you can negotiate really well and buy the property at the right time in the cycle, you’ll instantly manufacture some profits. This myth has caused people to…
Australia has won the geographic lottery. Few nations have been blessed with such an extraordinary combination of advantages. We have abundant natural resources, vast agricultural capacity, world-class cities, strong institutions, proximity to Asia’s growing economies, and a stable political system that continues to attract global capital. For decades these advantages have generated enormous wealth. We’ve ridden…
Playing monopoly was a tradition in our family for a long time. Unfortunately, the game doesn’t come out as often these days – I guess I don’t play board games much anymore. In the good old days, I played Monopoly with my parents when I was young, with my children when they were young, and…
Every now and then in life, we find ourselves nodding along, agreeing with decisions, following plans, or chasing goals that – if we’re brutally honest – we don’t actually want. Not because we’re weak. Not because we’re confused. But because we assume everyone else wants it. That’s the Abilene Paradox in action – a strange…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
![[PODCAST] The Forever Test – the one principle behind long-term property wealth with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/06/785_The_Forever_Test-SW-Youtube-cover-270x200.jpg)
Most investors say they’re long-term investors. But then they check auction clearance rates every weekend, worry about the next interest rate decision, chase the latest hotspot, and get distracted by whatever the media says is working right now. And that’s a problem, because real wealth rarely comes from the investment that looks exciting today. It…
Imagine opening your payslip and discovering the government was taking half as much income tax as it does today. It sounds like the sort of promise politicians make before an election and quietly forget afterwards. After all, governments need revenue. They have to fund hospitals, schools, roads, aged care, defence, social security and the growing…
There is more conflicting information about property right now than at almost any point I can remember. Turn on the news and you will find someone warning that prices are about to fall. Scroll a little further and you will find someone else forecasting another year of growth. Somewhere in the middle of all that…
Everyone wants cheaper housing, but the latest building approval numbers show Australia is still failing at the one thing that would actually help – building more homes. In other words, Australia’s home building crisis is getting worse, not better. As I see it, what’s happening right now in building approvals are one of the most…
![[PODCAST] My Property Investment Philosophy Explained](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/06/796_Property-Investment-Philosophy-MY-Youtube-cover-270x200.jpg)
Today’s podcast is a little different as it is a replay of a discussion I had with Joey D’Agata on the Property Strategy Podcast about the evolution of my investment philosophy and the lessons learned over the five decades I’ve been involved in property. We explored my investment philosophy and how my thinking has evolved…
