The latest numbers on new home starts are out and it isn’t good news showing Australia is facing a significant challenge in meeting its national target of 1.2 million new homes over the next five years. The promise of increasing housing supply is under severe threat from two major issues: high interest rates and escalating construction…
Rain, hail or shine the most important thing to keep a positive attitude and outlook. Throughout history some of the greatest minds, strongest athletes and most courageous artists overcame the most grueling life challenges thanks to their attitude and outlook. Here are some of their words of wisdom: 1. ‘It is our choices that show…
I was having my hair cut the other day when Joseph my barber said, “Michael – I’m going to get into property investing and I’m going to make a fortune because I’ve learned how to invest like the pros!” Each time I visit Joseph the conversation seems to revolve around property, but when I heard…
Many people blame a lack of available money in their bank account for their financial problems. It makes sense, doesn’t it? Money is the fundamental component of material wealth. But, the lack of money is not the problem. It’s merely the manifestation of a number of bad habits and bad beliefs that hold people back…
![[Podcast] Inheritance strategies to make your children richer with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-577-Ken_Raiss-270x200.jpg)
In today’s show, Ken Raiss and I will discuss inheritance strategies to help make your children richer. Whether you’ve already built substantial wealth or are just starting your financial journey, it’s never too early or too late to start thinking about how to pass on your wealth to the next generation. Today Ken shares his…
Do you believe in luck? Interestingly many of those who have been unsuccessful in life believe that wealthy successful property investors “got lucky”. You know…they entered the market when prices were cheaper, or finance was easier, or maybe the market did all the hard work for them. I guess that’s because it makes them feel…
![[Podcast] Navigating our Property Markets | Big Picture Podcast with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-586-Big-Picture-Podcast-Pete_Wargent-270x200.jpg)
Welcome to another Big Picture episode of the Michael Yardney podcast, where I chat with leading financial commentator Pete Wargent. Since our last chat, a lot’s happened, including rising inflation causing embarrassment to the Reserve Bank, with some commentators now speculating interest rates will rise again. As usual, there are clues in the news as…
One of the most common traits that bonds people to great success and power, is their ability to take a risk. Instead of sitting on the sidelines, and wondering ‘what if’, these trail-blazers are proof that with risk comes great reward. Here are 10 inspiring quotes by 10 exceptional risk-takers: 1. Take the first step…
It’s official: Australia’s rich are getting richer and there’s no such luck for those on the other end. But, the rich can’t keep getting richer than the average Australian forever – can they? Well…Australia has long been thought of as the land of the middle class, but when comparing the upper, middle, and lower rungs…
There are a plethora of books and blogs out there on success. And I regularly write about success for you on this site. But how about looking at it from the other side of the ledger? What are some of the common traits of failure that you can learn from to succeed? 1. Hanging with…
