Australia is undergoing rapid population growth but the way we’re planning for it (or rather, not planning for it) is setting us up for failure. We’re adding hundreds of thousands of new residents every year, mostly through migration. But our governments are still managing housing, infrastructure, and population growth in separate silos. There’s no overarching…
Negotiating is a part of living; we do it all the time. When you walk down a crowded street you negotiate the path you take. A couple negotiates their relationship before and during the marriage. Although you may not realise what’s happening, for example, you take out the garbage tonight and I will do the…
Welcome to another episode of the Michael Yardney Podcast. Now let me ask you… have you felt like the sky is falling lately? Between confusion about interest rates, scary headlines, rollercoaster stock prices and continued uncertainty in the property markets, it’s no wonder so many investors are feeling rattled right now. But here’s the thing—this…
You’ve probably noticed the headlines predicting doom and gloom — again. Recession whispers are growing louder, with interest rate falls, global uncertainty, and consumer stress dominating the news. But are we really headed for a recession here in Australia? According to Shane Oliver, Chief Economist at AMP, the answer is a reassuring no. And I…
Interested in knowing how others became successful? Then why not ask successful people what they’d wished they’d been told when they were younger. That’s exactly what I did with these seven successful property professionals and here’s what they said. Brett Warren – National Director Property – Metropole 1. Invest in yourself first Your best investment…
After all these years in property, I’m still surprised at how some investors decide which property to buy, however it doesn’t really surprise me why so many don’t get past their first or second property. You see… many buy for emotional reasons, and while others think they’re investing in property, for some, they’re really speculating….
For years, Baby Boomers have been the undisputed champions of wealth in Australia. They’ve been the generation with the most substantial property portfolios, the largest shareholdings, and the most secure financial futures. But now, a quiet revolution is underway. Generation X, the cohort born between 1965 and 1980, is stepping into the spotlight, poised to…
The latest research on happiness is a real punch in the gut. According to David Buss, a psychology professor at the University of Texas, we are hardwired for unhappiness. And we have evolution to blame. It turns out emotions like unhappiness, jealousy, distress and disgust spurs individuals to improve their conditions in order to return…
Climate change is real, and it’s here to stay. But while the climate may be changing gradually, the conversations around it are becoming more polarised by the day. You’d expect the divide to be political — progressive versus conservative. Or maybe geographic — city dwellers versus country folk. But after a fascinating discussion with demographer…
In today’s podcast, Stuart Wemyss and I discuss the complexities of managing underperforming property investments, and how to decide when and if you should sell your property. We explore everything from the emotional traps that can cloud our judgment to strategic considerations like tax implications and portfolio rebalancing. Takeaways Investing is a long-term journey, often…