Throughout the year, the media has been reminding us about how rising interest rates are hammering our property markets, and commentators keep reminding us about the uncertainty of our economic future. It’s easy to see all the risks and problems now, but five years from now, it’s likely we will look back and see lots…
As I look back at 2022, the year seems to have gone quickly for me, even though I know for a lot of people, it has been a slow and difficult year. For those in property, it was a roller coaster year where we came to expect the unexpected. We went from this time last…
I enjoy reading motivational quotes and regularly read quotes from Brian Tracy one of my mentors. I fondly remember a personal day Brian spent with Pam and me as we showed him some tourist sites in Australia. In fact, some of the personal discussions we had were transformational. So I was interested when I found…
Despite this year’s steep rise in interest rates Aussies keep spending and this consumer cash splash continued driving robust growth in the national economy. Australia’s economy as measured by the Gross Domestic Product (GDP) rose 0.6 per cent in seasonally adjusted terms in the September quarter of 2022 and by 5.9 per cent through the…
We know that housing affordability is a real issue, with many Aussies now finding it harder to buy their dream home as 8 consecutive interest rate rises have cut many buyers borrowing capacity by up to 20%. But what about rental affordability? With more and more people renting for longer at a time when the…
Australia’s cost of living crisis has dented hip pockets, cooled property markets and made the rental market red-hot, so much so that one of our major cities has been named as one of the world’s most expensive to live in. Sydney has been ranked as the world’s 10th most expensive city, according to the latest…
You probably listen to this podcast because you’re interested in property, money, and success, and while today we will be talking about Australia’s economy, what we discuss really relates to all of these. You see… despite all those interest rate rises the Reserve Bank has been throwing at us trying to slow inflation and our…
Australia’s unit market struggled to keep up the pace with the housing market amid the Covid-19 pandemic boom as closed borders halted incoming migrants and local dwellers vacated their city apartments in search of more space in lifestyle suburbs further away from the city centre. But now the pandemic lockdowns have eased and our international…
The supply of new properties coming onto the market has significantly tightened across the country since lending costs have surged, demand has tapered and prices have fallen from their peak. So it’s interesting then, to be able to identify the hotspots in each Australian city where we could see an uptick in the supply of…
Are you hoping to be a better investor, businessperson, or entrepreneur? Well, today’s show is for you because we discussed the concept of behavioural finance, which is the study of the effects of psychology on investors and financial markets. But don’t worry, it’s not woo-woo stuff, and it’s not technical. Instead, I share several quotes…