Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
Turn on the news or scroll through your feed and you’ll see the same pattern playing out again. Confident forecasts, persuasive arguments, and a steady stream of opinions about where property markets, interest rates, and the economy are heading next. Some say prices will fall. Others insist we’re on the verge of the next upturn….
Australia seems obsessed with generational warfare. Baby boomers are accused of pulling up the ladder behind them. Millennials complain they’ve been locked out of the property market. Gen X feels forgotten. Gen Z believes they have inherited an impossible future. And politicians, commentators and social media influencers are only too happy to keep the argument…
The RBA will finally give mortgage holders a breather this Tuesday, according to the majority of experts in this month’s Finder RBA Cash Rate Survey, in which 38 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Almost all panellists (97%, 37/38) expect the RBA…
Last week, I had the privilege of attending a transformative five-day retreat on the stunning Gold Coast and today, and today I’d like to share some important lessons from Wealth Retreat. The experience was not only about property investment but also encompassed essential themes like tax strategies, mindset development, and business insights. It was an…
For investors, Australian housing is a low-yielding asset class. The gross yield measures annual rental income (before expenses) as a proportion of a property’s value. Across the combined capitals, the gross rental yield was tracking at 3.45% in May, a little higher for units at 4.47% and lower for houses at 3.12%. Gross yields tend…
You’ve finally done it. You’ve clocked off. After decades of working hard, saving diligently, and building a solid property portfolio, you’ve reached retirement. It’s a milestone worth celebrating. There’s relief, excitement, and anticipation for this new chapter. But after the champagne pops and the calendar clears, many investors find themselves facing a new kind of…
I’d like to share with you some of my thoughts on risk, and how it relates to your investment success because I believe that what most of us have been taught about risk is wrong. In fact, it’s probably holding you back from obtaining real wealth. If you are like most investors, somewhere along the…
We live in uncertain times. Just look at all the financial, economic and political problems we are facing, as well as the social and political problems around the world. Amid all this, we must go about our business, our investing, and live our lives. And to do that we must feel comfortable with our long-term…
Already low vacancy rates have continued to generally tighten over May for both houses and units with rents predictably still mainly on the rise. Darwin was the top performer with house rents surging by 9.7% over the month followed by Canberra higher by 3.8%, Sydney up 1.8% and Melbourne higher by 0.8%. Brisbane, Adelaide and…
Every time I hear that property investors are accused of getting a special tax break, I want to point to the language being used and explain why the framing is completely wrong. The so-called capital gains tax “discount” has been misnamed since the day it was introduced, and that one word has caused 25 years…
