Australia’s middle class is no longer the robust backbone it once was. Over the past few decades, it has been hollowed out, squeezed by economic forces, structural changes, and policy decisions. What was once a bell curve society—dominated by a thriving middle class—is now becoming a U-shaped structure, with more people slipping into the lower…
![[PODCAST] What Will 2025 Bring for Australian Real Estate? Your Big Picture Guide with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/12/MY-podcast-634_Big_Picture_Podcast_Pete_Wargent-270x200.jpg)
In this special end-of-year episode of the Michael Yardney Podcast, we take a step back to reflect on the rollercoaster that was 2024 in the housing markets and gear up for what promises to be an equally fascinating 2025. And who better to do it with than Pete Wargent, one of Australia’s most respected financial…
Each generation enters the stage with a unique set of traits, influenced by the societal shifts, technological advancements, and economic climates of their formative years. Generation Z (Gen Z), the youngest cohort currently stepping into adulthood and the workforce is no different. Born between the early 2000s and the late 2010s, this group has been…
Life is expensive. The cost of living seems to be increasing almost as swiftly as Sydney’s house prices, and it can be a struggle to keep your head above water financially, let alone prosper. But do you want to know the truth? Deep down, there’s usually a reason why you’re broke… and it’s often because you…
![[PODCAST] Looking Back, Leaping Forward: Dr. Andrew Wilson’s Predictions for 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/11/626-Dr-Andrew-Wilson-270x200.jpg)
It’s customary at the end of the year to look back at the year that was and then look forward to making some predictions for our housing markets for the year ahead and in today’s show Dr Andrew Wilson and I explore the trends that will shape the property markets in 2025. Takeaways The housing…
Everyone is challenged by an obstacle at some point in their life. The real test is choosing to overcome those challenges or just giving up. Here are some words of wisdom to get you inspired: The key to life is accepting challenges. Once someone stops doing this, he’s dead. Bette Davis Only those who dare…
![[PODCAST] Homeownership Dreams on Hold: What’s Really Stopping Younger Generations? With Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/12/621-Why_young_people_are_putting_off_home_ownership_will_later_in_life-with_Simon_Kuestenmacher-270x200.jpg)
Today Simon Kuestenmacher and I explore why young Australians are increasingly delaying their dreams of homeownership. We’ve all heard about skyrocketing property prices and the challenges of securing a mortgage but, as you’ll hear, there’s more to the story than just affordability. Sure, property prices present a significant barrier, but we also examine lifestyle changes,…
Property investors and homeowners around Australia are eagerly waiting for the day when the Reserve Bank of Australia (RBA) decides to lower interest rates again, in the hope that lower rates will go some way to ease the burden of higher mortgage repayments and strained affordability. With the official interest rate paused throughout 2024, holding…
It seems everybody I bump into has an opinion on our property markets. They’re reading all the news, and while some believe our property markets are going to perform well moving forward, there are still many property pessimists who believe high inflation and interest rates and affordability challenges will lead to a housing market collapse….
![Coffee etiquette around the world [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/08/10411006_l-270x200.jpg)
If you’re like me you enjoy your coffee. But did you know that coffee, one of the most popular beverages, is called, prepared, served and consumed differently around the world? Many countries in the world have coffee intertwined with their tradition and culture. Coffee consumption is almost always associated with social interaction, and every country…
