The NAB has amended its forecasts for both house prices and interest rates for 2025. Alan Oster, NAB Group Chief Economist explained the bank made a slight adjustment to their property price forecasts for 2024 (which is obviously almost over). Recent data showed prices were a bit softer than the NAB initially expected. But looking…
We constantly hear labels like Boomers, Gen X, Millennials, and Gen Z. They’re used to describe everything from political leanings to buying habits, with sweeping statements about how each generation views the world. But as property investors, business leaders, or simply members of society, it’s not only interesting but crucial to dig deeper into generational…
The NAB has changed its rate cut forecast from February 2025 to May 2025. This comes after the latest unemployment rate came in steady at 4.1% for October. Even though this was widely expected, it does challenge the RBA’s forecast track of the unemployment rate increasing to 4.3% in Q4 2024. The NAB believes that…
![[PODCAST] Insights from the PIPA Investor Survey – with Nicola McDougall](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-podcast-613-Nicola-McDougall-270x200.jpg)
In this episode, we discuss the findings of the 2024 Property Investment Professionals Association Annual Investor Sentiment Survey with Nicola McDougall. We explore the current trends in property investment, the challenges investors face due to rising costs and government policies, and the overall sentiment in the market. The conversation highlights the importance of understanding investor…
We would all do certain things differently if we had our time over again, wouldn’t we? But that doesn’t mean that we should live our lives with regret. What I mean is that, because we can’t go back in time to change decisions that we’ve made, there really is little point in dwelling on them,…
If you bought your home 20 years ago and didn’t check its value until today, you might be stunned. In all likelihood, you’d find it had doubled in value, then doubled in value again. It’s a classic case of the power of long-term focus—where the ups and downs of the housing markets, the peaks and…
I’m often asked what I would do differently if I could live my investing journey all over again. I’ve certainly made my fair share of mistakes along the way and paid huge “learning fees” because of them. However, instead of being defeated, I learned from each error and moved forward a little bit wiser. If…
![[Podcast] The truth behind why rich people are happier with Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-podcast-612-_rich-Tom_Corley-270x200.jpg)
I am about to shatter your very understanding of happiness. For some listeners, this may be discomforting; for others, this may be a revelation. In my chat with international best-selling author Tom Corley today, we will explain why wealthy people are happier. Now, I know they say money can’t buy happiness, but please bear with…
We all want to be financially secure. And many of us are prepared to put in the hard work to make it a reality. However many people seem to encounter roadblock after roadblock on their path to financial freedom and the main issue is often their own bad habits. But it’s never too late to…
Having grown up in a household where money was scarce, early on in my life I made a decision to learn about money – how to make it, how to save it, how to invest it, and to be blunt…how to become rich. Over the last 5 decades I’ve read countless articles (and written thousands…
