As regular readers of my blog will be aware, I am a big fan of embracing failure. Now, that may sound odd, but hear me out on this one. I’m not suggesting failure is something we should try to do — quite the opposite, naturally — but failure is a necessary part of life at times, and…
You’re probably reading this blog because you want to become rich. But how much money do you need? A lot of research has gone into whether money does truly make you happy and it has been found that, in general, humans are never satisfied. We always think that if we had a little bit more…
![[Podcast] Avoiding the Tax Trap: An In-Depth Discussion with Assistant Tax Commissioner Tim Loh](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/08/MY-podcast-492-Tax-questions-with-Tim-Loh-10-270x200.jpg)
In today’s episode, I chat with Assistant Commissioner Tim Loh as he demystifies the tax obligations of property investors in Australia. Lowe discusses the nuances of a $9 billion revenue deficit, three key areas to monitor when filing tax returns, and the importance of keeping thorough records. He explains rental property taxes and deductions, and…
![[Podcast] Insights from the Inside: Alastair Lias Unpacks the Biggest Mistakes Property Investors Make](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/08/MY-podcast-493-Investor-mistakes-with-Alastair-Lias-01-270x200.jpg)
In today’s episode, Alastair Lias, a seasoned property strategist shares his insights into the often-intimidating world of real estate, providing a guide on how to avoid common pitfalls and succeed in property investing. We dive into why a significant number of Australians abandon property investment within the first five years, and how savvy investors can…
Yes, you read it right, 1.2 million homes in the next five years. The headlines have been filled with the Australian Labor Party’s ambitious plan, but if you look closely, the numbers just don’t add up. The Grand Mirage Firstly, let’s clear the misconception: the government isn’t going to lay down the bricks and mortar…
Now that Australia’s property markets are moving to the next phase of the cycle, strategic investors are back in the market actively purchasing properties and setting themselves up for financial freedom. After all, when it comes to investing your hard-earned cash, there are many investment options available, but choosing an investment vehicle that will generate…
What should you do in the current “interesting” property markets? Is it time to be fearful or is it the right time to be greedy? I know many investors are confused with the many mixed messages the media and many commentators are delivering. On the one hand, the property market bottomed early this year…
Another bank has changed its housing forecast. ANZ Bank now expects housing prices in Australia to rise 5-6% in 2023. In 2024, they expect growth to slow to around 3%, reflecting rising unemployment and the lagged impact of past rate hikes as well as slower population growth. Then the ANZ expects housing prices to reaccelerate…
![[Podcast] 5 ways I’m going to ensure my property investments outperform in this new property cycle](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/08/MY-podcast-490-Property-and-economy-07-270x200.jpg)
Today I’m going to share 5 ways I’m going to ensure my property investments outperform in this new property cycle. As we work our way through the second half of this year and the recovery phase of the property cycle, it’s typical to take a moment to reflect on the roller coaster ride of the…
![[Podcast] Navigating the New Normal: Property Trends in the Age of Remote Work, with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/07/MY-podcast-481_Simon-Kuestenmacher-06-270x200.jpg)
I believe demographics are going to drive our property markets moving forward and that demographic changes, how many of us there are, how we want to live, and where we want to live are going to be more important over the long term than the short-term fluctuations caused by rising interest rates or government interference….
