I hope you’re taking advantage of the current property boom. I haven’t seen conditions like this since the early 1970s when I first started investing. Now you won’t find charts of that particular boom in the various research house statistics, because they weren’t keeping those types of records in those days. Back then, the boom…
The extended lockdown across greater Sydney could be the catalyst for another Australian recession, according to experts. In this month’s Finder RBA Cash Rate Survey™, 40 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy, with all panellists expecting a rate hold for this…
It’s the only Australian city that has suffered through four hard lockdowns during the COVID-19 pandemic. But, despite the hurdles over the past 18 months, it has still managed to take the prize as the world’s best city to work from home. That’s right. It’s Melbourne. And it’s hardly too surprising given Melbourne is also…
What does the Uber Eats app have to do with the skills shortage? What does walking down the cereal aisle in the supermarket have to do with our economy and our property markets? In today’s show I chat with leading demographer Simon Kuestenmacher, who uses a number of food metaphors to help explain what’s happening…
The ABS reported that CPI increased by 0.8% over the June quarter for an annual increase of 3.8% – the highest annual growth rate since March 2008. Petrol prices, supply chain disruptions, and the withdrawal of coronavirus support all caused inflation to spike, but the lift will be transitory and unlikely to shift the…
What’s a better investment in today’s market – apartments or houses? That’s the topic of today’s show. Now I could give you a simple answer, but I thought it was better to help you understand the thought process behind my decision than give you an immediate answer. Of course, I’ll also be sharing my mindset…
Booming property prices across Australia means workers with an average income are watching their dreams of homeownership slip further and further away. According to the latest ATO data, the average taxable income for Australians in the 2018-19 financial year was $62,549. Meanwhile, according to this home loan borrowing calculator, that would give a single person…
If you’re going to have any beliefs at all believe in luck. One of the fascinating things Tom Corley discovered in his five-year Rich Habits study was the fact that every self-made millionaires, at some point, got lucky. 84% attributed their good luck to their daily habits 87% said they were lucky 92% said they…
We’re well into the second half of 2021 now so it’s a good time to reflect back on the year so far and then look forwards to what’s ahead. Property values across our capital cities have experienced double-digit growth already this year. And despite the Covid concerns we’re experiencing, there’s plenty more growth to come….
One of the most difficult aspects of being a property investor comes from the fact that we have competing emotions depending on where you are in the property cycle. There’s fear and greed, overconfidence and loss aversion, panic and euphoria. We’re told there’s nothing more important than being disciplined when getting involved in property and…