Be careful – observing the change in median property prices may not be as useful as you think. So here are the main things you need to understand before you draw any conclusions from the regularly reported changes in median prices. How is the median house price calculated? The median house price is essentially the…
The new year is a neatly appropriate time to start something great. Of course, no greatness comes without hard work, so why not set up your mind and take a look at some wise hard work motivational quotes for work? These quotes have helped many and they will definitely lighten up your mood and direct…
There will be a 21 per cent jump in the number of millionaires in Australia over the next four years, mirroring a trend in developed and developing nations, according to the latest UBS Global Wealth Report. The number of adults worth $US1 million ($1.48 million) or more is expected to grow in 52 out of…
![An Idiots Guide To Drinking Coffee [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
If you’re like me you enjoy your coffee first thing in the morning. But maybe that’s not such a good thing! Science has figured out how to drink coffee for maximum benefit, and chances are you’re doing it all wrong according to this infographic from Art of Wellbeing Coffee is no longer understood to be generally…
Do you enjoy your coffee? I know I do, so I was pleased to read that moderate coffee consumption is linked to both mental and physical health. A study published in The British Medical Journal (Poole et al., 2017) shows that moderate coffee intake reduced depression risk and lower levels of Parkinson’s and dementia. I knew I was…
![[Podcast] Only 4% of poor people become rich, why is it so hard? With Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-579-poor_become_rich-Tom_Corley-270x200.jpg)
Today we’re going to dive into the world of wealth creation and breaking the cycle of poverty. Joining me is Tom Corley, who’s dedicated his career to understanding the behaviours that separate the rich and the poor. According to Tom’s research, only 4% of people born into poverty become rich. Now, that’s a shocking statistic….
The size of the average new owner-occupier mortgage in Australia has hit a record high, as borrowers sign up for bigger debts than ever before. ABS lending indicator data for the month of May, shows the average new owner-occupier mortgage clocked in at $626,055, the highest level in ABS records. This is despite the fact…
If you’re not familiar with Charlie Munger, he was Vice Chairman of Warren Buffet’s Berkshire Hathaway. Munger is probably the most quotable investor of all time. Sometimes what he says is hilarious. Sometimes it’s serious. But it always gets you thinking. At the 2008 shareholder meeting, Charlie Munger criticized his physique, said ethanol was “one…
It’s no secret, that Australians love their coffee. But have you ever wondered what your coffee order says about you? How different is a cappuccino drinker from an espresso drinker? News.com.au spoke to Lavazza Australia Espresso Specialist John Kozsik about what Australians drink and what it says about them. Here is what he had to say: Cafe…
![[Podcast] Is the Property Party Over? The Future of Real Estate Values with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-573-Stuart-Wemyss-03-1-270x200.jpg)
The common rhetoric in the media is that property prices just can’t keep going up; they’re too expensive, and our children will never be able to afford to get into the housing market. Is this true? Is the property party over? I’m sure you’ve also heard it said that Baby Boomers like me had it…
