Australians are regularly told that inflation is running at a certain annual rate, yet many households look at their mortgage payments, rent, electricity bills, council rates, and insurance premiums and wonder whose cost of living the official figures really measure. Their experience feels very different because the headline Consumer Price Index is an average across…
What if I told you that almost none of the financial decisions you agonise over actually matter? Most investors worry about interest rates, the next hot suburb, tax changes, market timing, stock picking, and whether they should buy now or wait. But what if 95% of your financial future is shaped by just a handful…
Cotality’s national Home Value Index fell 0.9% in August, marking a fifth consecutive month of decline and taking national home values 3.6% below the market peak recorded in March. The downturn is becoming more widespread, with 93% of capital city suburbs recording a value decline through winter. Every month, investors, homeowners, and would-be buyers turn…
Capital city home prices have continued to fall sharply over August with no sign yet of the usual pre-spring revival in activity. The national capital city median house price fell by 1.8% over the August quarter to $1,226,833 compared to the July quarter, according to the latest data from My Housing Market. In today’s show Dr….
Australia’s government debt has passed $1 trillion for the first time, and the sheer size of that figure naturally attracts some alarming headlines. As a trillion dollars is so far beyond the amounts we deal with in everyday life, it is difficult to understand what it actually represents, let alone decide whether we should be…
As we get older, we get wiser. Well..at least that’s the idea, isn’t it? I wish I was smart enough to have come up with this great list I found on x (Twitter) a while ago from Vala Afshar As I got older, I realised these 33 things: Lost money can be found; lost time…
It seems we have become a nation of “experts.” Just check your inbox or turn on the television and there they are. Experts on politics who have never run a business, let alone a country. Experts on football, even though they couldn’t run from one side of the field to the other. Experts on celebrities…
To start your day off on a good note, here is a bunch of great inspirational quotes from the great Jim Rohn. Have a great day…make it a great day: 1. The ultimate reason for setting goals is to entice you to become the person it takes to achieve them. 3. Don’t join an easy crowd;…
By the time many of today’s Gen Z Australians buy their first home, the map of Australia will look very different. Melbourne is on track to overtake Sydney as our largest city. Canberra is expected to become bigger than Newcastle. Geelong could overtake Wollongong, while lifestyle destinations such as the Sunshine Coast, Hervey Bay, Busselton,…
Which generation actually holds the most wealth in property? The answer might surprise you, and so will what’s happening beneath the surface as Baby Boomers quietly shift their fortunes out of bricks and mortar and into cash. Recent analysis from KPMG has given us the clearest picture yet of how wealth is really distributed across…