Australia is at the precipice of a monumental shift in property ownership, thanks in large part to an aging population. The Baby Boomer generation is aging, and with that will come a massive transfer of wealth. Bernard Salt recently wrote an insightful column in The Australian – “Get ready for Australia’s great home inheritance avalanche,”…
The “Rich” and “Poor” share very different beliefs, According to a 5-year study by best-selling American author Tom Corley, our subconscious makes up 5/6ths of our brain and responds to our beliefs. Like software code, our beliefs direct our subconscious to manifest that which we think about and believe in. If we believe, without any…
The world of finance is ever-changing, and last year – 2022 – was no exception. The latest UBS Credit Suisse Global Wealth Report reveals some shocking statistics about Australian millionaires, and as someone who’s been watching these trends for years, it’s a revealing snapshot of our financial landscape. A Shrinking Pool of Wealth The UBS…
Success, as with most things, starts with attitude. When you’re struggling, a small burst of inspiration can make a huge difference. Here are 20 quotes about success to inspire you to keep pushing forward and achieve your dreams … “Though no one can go back and make a brand-new start, anyone can start from now…
Want to know the big secret of why the rich are rich? Many have studied this topic and written about it. Napoleon Hill wrote about the “16 laws of success” after studying wealthy people for 20 years in his classic book published in 1937, “Think and Grow Rich,” Tom Corley studied the rich and the…
House prices nationwide are poised to surpass previous peaks later this year, with strong migration, tight rental markets and low stock levels reversing the sharp falls of 2022 much sooner and quicker than expected according to Eleanor Creagh, Senior Economist at Proptrack. Creagh paints a picture of a market that not only dodged the major…
![[Podcast] Predicted Plummets, Real Rises – how did economists get their property predictions so wrong? With Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/MY-podcast-468-Stuart_Wemyss-03-270x200.jpg)
For more than a year the Reserve Bank hiked interest rates to the highest level in decades and there were lots of warnings about an imminent collapse of the Australian housing market. And these warnings came from banks and institutional economists as well as the usual property pessimists! Not many people expected interest rates to…
Airbnb has revolutionised the short-stay industry. Launched in 2008, it now eclipses the world’s biggest hotel chains. In Australia alone there are about 100,000 listed properties. But in dealing with both a digital platform and a private owner (or “host”, in Airbnb-speak), your legal rights as a renter (or “guest”) can be unclear – at…
There is a saying that success breeds success and this is no different for property investors. The vast majority of successful investors that I have met over my many years in the industry have shared many traits and commonalities. They all also share a desire to provide a better life for themselves and their families…
![[Podcast] The Demographics of Interest Rates: A Conversation with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/My-Podcast-504-Simon-Kuestenmacher-01-270x200.jpg)
We know inflation is coming under control, but it’s happening much more slowly than the Reserve Bank would like. And part of the reason for this is that it’s fighting an uphill battle with demographics according to leading demographer Simon Kuestenmacher. Today I’m going to chat with Simon and ask him to shed light on…
