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,…
If you had $1 million to spend on property investment in Australia today, where would you invest it? What location would you buy in, and why? And what about if you only have $500,000 to invest? Where is the best place to buy an investment for this budget? What are the top 10 hotspots now…
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…
My favourite financial author is Morgan Housel. Here are nine of his best quotes for financial success: 1. More people wake up every morning wanting to solve problems than wake up looking to cause harm. But people who cause harm get the most attention. So slow progress amid a drumbeat of bad news is the…
Warren Buffett’s retirement as CEO of Berkshire Hathaway at the end of last year, at age 94, wasn’t just the end of an era for Wall Street; it was a moment for investors to pause and reflect on what truly matters when building enduring wealth. Most commentary focuses on his stock picks or the billions of…
Melbourne and Sydney each reported higher weekly auction clearance rates to commence the spring selling season; the other capitals, however, remained subdued. Weekly Auction Results to Saturday, September 5th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 709 62.6% 726 62.2% 966 79.7% Melbourne 654…
