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.
Australia’s housing market has entered a new phase, and the consequences are likely to extend well beyond homeowners watching the estimated value of their property decline. According to a new NAB Economics report, national dwelling prices are expected to fall by around 7% from peak to trough, following growth of 8.8% during 2025. NAB forecasts…
Australia’s rental markets are tightening again, with vacancy rates falling across most capital cities and remaining at historically low levels. Yet, rather surprisingly, asking rents eased in many cities over August. So, has the rental crisis finally reached a turning point, or is this simply a temporary pause before rents begin rising again? And what…
Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
Did baby boomers become wealthy because they were better investors, or were they simply born at the right time? It is a confronting question, because millions of Australians who bought property, invested in shares and contributed to superannuation over the past 40 years enjoyed one of the strongest financial tailwinds in modern history. From the…
Labor has retreated from one of the most contentious parts of its 2026 federal budget tax package, although Australians who use discretionary trusts shouldn’t mistake the change for a return to business as usual. The original proposal in the Federal Budget would have imposed a 30 per cent minimum tax on the taxable income of…
Australia’s property downturn became more widespread in August, with Cotality’s national Home Value Index falling 0.9% for the month and 3.6% from its March peak. Values declined across 93% of capital-city suburbs during winter, more than double the 45.8% recorded during autumn, confirming that the weakness has spread beyond premium markets. Sydney led the falls,…
Overnight success is very rare. Success takes a long time. In my Rich Habits research, I learned there were three traits that were common among all successful people. Trait #1 Laser Focus Laser Focus is the ability to concentrate for long hours at a time. It is also the ability to quickly pivot and shift to…
Everyone says they want housing to be more affordable. Politicians campaign on it, journalists write about it, and young Australians desperately need it. But after watching our housing markets for over five decades, I’ve come to believe that most of the people saying it don’t actually mean it – at least not when they understand…
One of the oldest lessons in property is that rules rarely affect everyone equally. And that’s what concerns me about the latest changes to negative gearing and capital gains tax. The Federal Government has framed the budget reforms as a means to improve housing affordability, support first home buyers, and redirect tax incentives towards new…
You’ve probably heard the stories. A buyer gets gazumped after thinking they had a deal locked in, or a seller quietly loses faith in their agent and starts second-guessing every piece of advice. None of this needs to happen, because real estate agents actually operate within a fairly tight legal framework, and once you understand…
