The Victorian Government has delivered itself a massive 13 percent pay rise in the 2021-22 State Budget off the back of increased property taxes and new taxes on families, jobs and investment. “With wage growth stagnant and unemployment at 6.1 percent, surely Victorians have to ask if this is the right time to hike taxes…
The way we live in Australia has changed. We’re trading backyards for balconies and courtyards and this has resulted in around one in five Australians living in an apartment today – up from one in seven in the 1990’s. According to the Australian Bureau of Statistics of the 10 million dwellings in Australia, around 10%…
![[Podcast] The Truth Behind Australia’s Economic Recovery with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/06/MY-podcast-278-Economic-recovery-270x200.jpg)
What a year it’s been. This time last year Australia was heading into its first recession and deepest recession in decades. Yet last week the Australian Bureau of Statistics confirmed the strength of Australia’s economic rebound. It was the fastest economic recovery from a recession in 45 years. In fact, we are one of only…
![[Podcast] Now what next for our property markets? With Dr. Andrew Wilson](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/06/MY-podcast-277-what-next-270x200.jpg)
What’s ahead for our property markets for the rest of 2021? That’s a common question being asked now that our property markets have been booming for quite some time. And that’s the question I’m going to ask Dr. Andrew Wilson, Australia’s leading housing economist in today’s show. You’ll also hear his thoughts on what’s ahead…
Australia has enjoyed a record-breaking surge in house prices with the steepest increase in almost 18 years recorded in the first quarter of 2021 alone. But a new REA Insights report reveals that despite the climbing prices, it’s still cheaper to buy than rent in nearly 57% of all the properties across Australia. The results,…
![[Podcast] I’ve learned to invest like the pros | My biggest investment mistake + more](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/04/MY-podcast-270-invest-like-the-pros-270x200.jpg)
Why don’t most property investors succeed, especially since there’s so much information out there and so many people willing to help them? Well, today I’ve got three separate segments that are going to help you understand why many investors don’t succeed, but of course, the intention of that is to even the odds in your…
It’s official: Australia has staged its fastest recovery from a recession in 45 years. Australia’s economy is now larger than before the coronavirus pandemic. The latest figures from the Australian Bureau of Statistics show that Gross Domestic Product (GDP) grew 1.8 per cent from January to March this year. The economic activity made up for…
![[Podcast] Australia: a land built on immigration, but what’s ahead? With Simon Kuestanmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/05/MY-podcast-268-Migration-270x200.jpg)
Since the First Fleet dropped anchor in 1788, close to 10 million immigrants have moved from across the world to start a new life in Australia. They have arrived in waves, encouraged by developments like the 1850s gold rushes, or to escape adverse conditions at home such as the Industrial Revolution’s social upheavals in 19th-century…
![[Podcast] The Big Picture – May Economic and Property trends you must understand with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/05/MY-podcast-267-Big-Picture-May-270x200.jpg)
It’s that time of the month – when I have my regular Big Picture podcast where Pete Wargent and we look at the macroeconomic factors affecting our economy and our property markets. This time last year, we were supposed to have a federal budget. Instead, we had a pandemic. And over the last year, many…
![The success beliefs of the Rich | Rich Habits, Poor Habits [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/06/13171473_l1-270x200.jpg)
Beliefs represent the acceptance of something without any proof to back up what we accept as fact. They are inherited unconscious programming. We adopt the beliefs of our parents, family, mentors culture and our environment (neighborhood, town, city, state, country). Most who were raised in poverty, inherited limiting beliefs that hold them back in life….
