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.
The Australian government is attempting to overcome a serious housing shortage by constructing 1.2 million new homes over five years. To be frank, the government won’t be building any houses, yet the industry responsible for building them is losing companies at an alarming rate. The problem is particularly severe in New South Wales, where a…
Before we get into this week’s numbers, it’s worth stepping back and looking at where we sit in the cycle. The Reserve Bank held the cash rate at 4.35% at its August meeting, and it won’t sit down again until the 29th of September. Underlying inflation is still running above the RBA’s target band, and…
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 housing downturn has reached the point where the exceptions have run out. Cotality’s House Price Index fell a further 0.9% in August 2026 — the fifth consecutive month of decline — leaving national home values 3.6% below the March peak. But the number that defines this month is not the headline figure. It is…
There is no doubt that our housing markets are facing challenges from all directions, but clearly they have remained more resilient than the property pessimists had predicted. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. According to Cotality, Australia’s most expensive homes are leading the housing downturn, with upper-quartile…
Australian property prices are falling, economists are revising their forecasts, and buyers are understandably wondering how much further the market could decline. Yet even a reasonably significant fall in property values would do surprisingly little to solve Australia’s housing affordability problem. That was the clear message delivered to the Senate Select Committee on Intergenerational Housing…
Most auction markets reported higher clearance rates from higher listings over the past week – with the exception of Sydney. Weekly Auction Results to Saturday, September 12th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 706 57.8% 709 62.6% 989 77.1% Melbourne 768 64.2% 654…
Zig Ziglar was one of my early mentors. He was one the most effective motivational speakers and authors of his generation. I remember that I wasn’t really sure about the concept of motivational messages when I first came across Zig Ziglar – but then I heard him say: “People often say that motivation doesn’t last. Well,…
Most of us like to believe we make rational decisions about money, property and our future, yet our choices are often guided by something much more powerful than logic: the desire to feel safe. We gravitate towards familiar options, follow what others are doing, and avoid decisions that make us uncomfortable. Unfortunately, what feels safe…
Have you ever looked at the latest inflation figures and wondered whether economists are living in the same country as you? We’re told inflation is running at three or four per cent, yet electricity bills have surged, council rates keep climbing, insurance costs more, rents have risen sharply and mortgage holders are paying thousands of…
