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…
What if you could sit down with someone who’s spent over 50 years investing, building wealth, making mistakes, and getting it right… and ask them what they wish they’d known about money from day one? Most people think building wealth is about finding the right investment or timing the market perfectly. But after more than…
There’s a troubling irony in the latest data on how Australians are feeling about their lives. We endured lockdowns, closed borders, business shutdowns, and genuine fear about a global pandemic, and apparently, we were happier then than we are right now. New research from the Australian National University found that life satisfaction has fallen to…
Australia has won the geographic lottery. Few nations have been blessed with such an extraordinary combination of advantages. We have abundant natural resources, vast agricultural capacity, world-class cities, strong institutions, proximity to Asia’s growing economies, and a stable political system that continues to attract global capital. For decades these advantages have generated enormous wealth. We’ve ridden…
