What happens when the Great Australian Dream becomes a financial nightmare? In 2025, buying your first home in Australia has become less of a rite of passage and more of a high-stakes gamble. Record-high deposits, sky-high property prices, and mortgage repayments eating up more than 30% of many buyers’ income – it’s no wonder almost…
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…
There’s a lot of noise out there right now — the media, politicians, and even Sunday BBQ conversations seem to revolve around one central villain: the property investor. Apparently, we’re to blame for housing unaffordability, rising rents, and locking young people out of the market. But is that really fair? Because when you scratch below…
Have you ever noticed how some people seem to build wealth effortlessly while others constantly struggle, even with higher incomes? It’s not always about how much you earn, but how well you understand money. And the truth is, many of the principles that lead to lasting financial success are simple, but far from easy. Morgan…
Bill Gates delivered a powerful and personal commencement speech at Northern Arizona University—a graduation ceremony he never had for himself, having famously dropped out of Harvard to start Microsoft. Reflecting on what he wished someone had told him when he was younger, Gates offered five insightful pieces of advice to the graduating class—lessons that go…
The concept of ‘living within your means’ used to be a simple way of life. In years gone by, credit cards and personal loans were much more difficult to obtain, so there was really no other option. Today, however, we live in a society that offers easy access to unsecured credit. With the average Australian…
It’s estimated that about 70% of businesses in Australia are family owned, and of those, roughly 40% are run by couples. That’s hundreds of thousands of Aussies sharing not just a home, but also a business, and all the triumphs and tribulations that come with it. Now, the idea of building a business with your…
Have you ever wondered why some people seem to effortlessly build wealth through real estate while others spend their entire lives working hard, only to end up financially stuck? The truth is that most Australians won’t ever achieve genuine financial independence. Sure, they’ll retire… eventually. But for many, that just means swapping full-time work for…
There seem to be so many mixed opinions on what’s ahead. And clearly, there is no shortage of people with opinions on what we should be doing with our lives, be it in savings, spending, or investing. However, over the years I’ve learned a lesson that I return to and that I recommend you bear…
Have you noticed how Australia’s property market seems to have roared back to life recently? After a sluggish 2024, Domain’s latest House Price Report shows all eight capital cities recorded house price growth in the June quarter – for the first time in four years. And it’s not just houses. Unit prices are surging too,…