We are living in ‘interesting’ times, aren’t we? With inflation being the highest it’s been for years, interest rates rose again this month and people are wondering how high they will go, plenty of stocks are down, and the war in Ukraine continues, supply chains are broken, the pandemic is lingering, China is in lockdown,…
While property investing may be simple, it’s not easy, and that’s not a play on words because many investors end up paying a huge “learning fee” or “Stupid Tax,” as I like to call it. That’s because successful property investment comes down to much more than just knowing what you need, knowing what you can…
According to the latest statistics from the ABS, our economy is roaring along. The most recent data, which unfortunately is backward looking to the June quarter, showed that as Aussies were released from their lockdown shackles, we spend more on ourselves, growing the economy strongly. But since then, the Reserve Bank has raised interest rates…
Reserve Bank governor Philip Lowe says he wouldn’t be surprised if house prices came down by 10 per cent as higher interest rates bite. Now that’s nowhere near as dire a prediction as made by those perpetual property pessimists and much more realistic in my opinion. In fact, we’re probably halfway there. Dr Lowe says…
Have you ever looked at the AFR Rich List or reports on the richest people in the world and wondered what they were doing that you’re not? Well…they’re probably doing things very differently from you according to my good friend and best-selling author Tom Corley who conducted a five-year study of 233 wealthy people and 128…
Inspirational quotes and motivational quotes have the power to get us through a bad week. Judging by the number of people who read my regular Monday morning dose of motivational quotes, you agree with this. So in the spirit of self-motivation, here are another 10 inspirational quotes… 1. Whatever the mind of man can conceive…
Our property markets are changing, and we’ve now moved into the adjustment phase of the cycle where there will be less capital growth and where, in many locations, property values are falling. So, what should a property investor do? Well, in today’s show with Brett Warren, national director of Metropole Property Strategists, we talk about…
If you’re thinking about buying a home, whether it’s your first home or you’re upgrading or right-sizing, today’s show is for you as I discuss 13 common mistakes homebuyers make with Leanne Spring, Director of Metropole’s home buying and selling team. And even if you’re not planning to buy a home, if you’re interested in…
Historically, house prices don’t go through wild boom and bust phases. Instead, we tend to see a period of gains – quite often surging, followed by a slight decline or flatlined pricing according to Dr. Nicola Powell, Domain’s Chief of Research and Economics Interestingly, Domain’s latest analysis of Australia’s combined capital house price cycles reveals…
Remember in early 2020, when media headlines were awash with ‘doom and gloom’ predictions about Australian property prices? A number of predictions, forecasts and financial modelling papers were released, and the information contained within them was not good news. No matter which way you sliced it, property prices were set to crash – some predictions…