For years, stamp duty has been the elephant in the room when we talk about housing affordability and economic reform. Everyone knows it’s a problem; economists, buyers, sellers, and investors alike. Yet, despite endless reviews and repeated calls for reform, we’re still stuck with a tax that almost no one is willing to defend. Dr…
Money doesn’t discriminate; it doesn’t care who you are or where you come from. No matter what you did yesterday, today begins anew and you have the same rights and opportunities as everyone else to become wealthy. Yet the sad reality is that the majority of Australians will never achieve financial freedom. On the other…
This winter has shaped up as the strongest property market we’ve seen in a long time, with strong buyer activity and rising confidence cutting through the usual seasonal slowdown. In today’s show Dr. Andrew Wilson and I discuss how results have been far from uniform – Sydney is surging ahead with particularly strong performance, while…
There’s a lot of talk about productivity in the news lately, isn’t there? But I’ve found that when economists talk about productivity, many people’s eyes glaze over. Yet productivity growth is probably the single most important driver of our living standards. It determines whether our wages rise, whether our economy grows sustainably, and whether future…
There are two types of people in the world: Those who hate the success of others Those who let the successes of others fuel them toward their own greatness. Most people fall into the first group. It’s why we have “tall poppy syndrome.” Here’s my free tip for you: Be in the second group. That’s the…
One thing many of the world’s most successful people have in common is their ability to inspire others. I hope these motivational quotes inspire you on your journey to achieving success. 1. “The more you praise and celebrate your life the more there is in life to celebrate” – Oprah Winfrey 2. “You must be…
Right now if you talk to many young Australians, particularly Gen Z, you’ll hear a common refrain: “I’ll never own a home.” They feel locked out of the market. Prices have surged far beyond what their parents paid, yet wages haven’t kept pace, and every time they scroll social media, they’re bombarded with reminders of…
Today I’m joined by Ross Elliott, a respected urban thinker and commentator, and we discuss something most politicians and planners are ignoring: the danger of concentrating 70% of Australia’s population into just eight capital cities, and doing it without a real plan. We explore the challenges of infrastructure, the concept of the missing middle in…
It has been said that the most important factors that will change where you are in 12 months’ time compared to where you are today in your life are the books you read and the people you hang around with. If you want to improve your life, I believe you need to build the foundations…
Rates are easing. Buyer and seller confidence is rising. Auction clearance rates are humming. And now, the Federal Government has decided to throw additional demand into the mix by fast-tracking its expanded Home Guarantee Scheme to October 1. Income caps are being removed, property caps are being lifted (to $1.5m in Sydney, $950k in Melbourne,…