There’s an old saying: “If the only tool you have is a hammer, every problem looks like a nail.” When it comes to Australia’s housing shortage, many policymakers seem to be wielding that hammer, believing that the solution is as simple as building more apartments. But let me tell you, it’s not that straightforward. Sure,…
It looks like we’ll have to wait longer for rate cuts Westpac has revised its view of the most likely scenario for the path of the RBA’s cash rate, pushing out the start date of the RBA rate-cutting cycle from February to May 2025, but more front-loaded than previously assumed. This adjustment aligns with the…
![[PODCAST] Why Warren Buffett Would Be Eyeing Melbourne’s Property Market Right Now with Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/11/MY-podcast-618_What_would_Warren_Buffet_say-WB-BW-270x200.jpg)
In today’s show, Brett Warren and I dissect Warren Buffett’s investing principles, especially as they could apply to the Melbourne property market. We explore the value of long-term strategies, the importance of quality assets, and the need for solid cash flow. We also discuss market cycles, how interest rates affect investments, and why it’s essential…
![[PODCAST] Key Trends Shaping Australia’s Property Market in 2025 | Big Picture Podcast with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/11/MY-podcast-619-Big-Picture-Podcast-Pete_Wargent-270x200.jpg)
Our housing markets have been remarkably resilient over the last year, despite high interest rates even though the RBA didn’t drop interest rates this year, as many expected. With inflation falling faster than expected, there is now the anticipation of rate drops early next year and it seems that the gloom that descended on Australian…
Reaching your goals starts with you – you’re willing to believe and give it your all. Some of the greatest and most inspirational people throughout history reached their goals, against all the odds. Their words of wisdom are a reminder that nothing is impossible. Get inspired to reach your goal with their inspirational quotes: “If…
Want to know what that magic ingredient is that propels property markets forward? The little secret behind whopping price growth? It’s not the economy, even though that’s important. It’s not supply and demand, even though that plays a role. It’s not infrastructure spending, availability of finance, or population growth either. Although all of these things…
There seems to be a disconnect between what is myth and reality when it comes to the number of investment properties that people own. We sometimes hear about “greedy” investors who own dozens of properties when this is not really borne out by the facts. Did you know that about 70 per cent of investors…
The NAB has amended its forecasts for both house prices and interest rates for 2025. Alan Oster, NAB Group Chief Economist explained the bank made a slight adjustment to their property price forecasts for 2024 (which is obviously almost over). Recent data showed prices were a bit softer than the NAB initially expected. But looking…
We constantly hear labels like Boomers, Gen X, Millennials, and Gen Z. They’re used to describe everything from political leanings to buying habits, with sweeping statements about how each generation views the world. But as property investors, business leaders, or simply members of society, it’s not only interesting but crucial to dig deeper into generational…
The NAB has changed its rate cut forecast from February 2025 to May 2025. This comes after the latest unemployment rate came in steady at 4.1% for October. Even though this was widely expected, it does challenge the RBA’s forecast track of the unemployment rate increasing to 4.3% in Q4 2024. The NAB believes that…
