Australia’s housing market is at a crossroads. For first-home buyers, the dream of ownership has never felt further away – with deposits taking more than 8 years to save and mortgage repayments eating up over half of disposable incomes. Yet, at the same time, buyer demand is powering ahead, clearance rates are hitting multi-year highs,…
Did you feel a little wealthier lately? Maybe not in your day-to-day spending money, but according to the Australian Bureau of Statistics, you actually are. In fact, Aussie household wealth jumped by 2.7% in just three months – that’s close to half a trillion dollars added to our collective balance sheets. And as always, much…
Yes, it’s the beginning of another week, so here’s another 10 smart money sayings from some successful investors. Hopefully one or two will inspire you to do some great things this week: 1. When the market’s going down, it is not because you are stupid. And when it is going up, it’s not because you…
When we talk about success, we often focus on hard work, talent, and determination. These are undeniably crucial elements, but as Warren Buffett, one of the most successful investors of all time, pointed out, there’s another factor that plays an equally important, if not more significant, role: luck. Buffett’s concept, which he famously refers to…
Imagine this: you’ve built a career, perhaps even become an expert in your field, and yet in the next 10 or 15 years, you will find yourself doing something entirely different. Not just working for a new boss or switching companies, but stepping into a completely new career. That’s not science fiction, it’s the forecast…
Want the real secret to success? Not the kind that sells in 30-second soundbites or flashy headlines. I mean the real, gritty, behind-the-scenes truth that separates those who consistently win, whether in business, investing, parenting, sport, or life, from those who don’t. Because here’s the thing… Over my decades in business, property, and personal development,…
Everyone was banking on another interest rate cut this year – but what if it never comes? In this month’ Big Picture Podcast, Ken Raiss and I will unpack why the economy is running hotter than expected, and what that means for rates, housing, and your mortgage. We also explain how the Bank of Mum…
Don’t expect a rate cut any time soon. The latest CPI figures have put a pin in that. The monthly Consumer Price Index (CPI) indicator rose 3.0% in August, up from 2.8% in the previous month, to the highest level since July 2024. This figure suggests there is meaningfully more inflation pressure in the domestic…
In today’s podcast, we are going to do something a little different. You see, one of the common questions I get asked is, “Michael, what’s your net worth?” It’s a question people are curious about—and I get why. However, rather than simply providing you with a number, I want to take you behind the scenes…
What if logic wasn’t the key to winning arguments? What if presenting undeniable facts only made people cling tighter to their beliefs? And what if this wasn’t just about others, but about you too? It feels counterintuitive, doesn’t it? Yet this explains why so many property investors ignore market data that could secure their financial…