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 federal government has handed down what Treasurer Jim Chalmers called “the most important and ambitious Budget in decades.” The term “intergenerational inequality” is a social construct dreamed up by Labor to create a an “us vs them” to encourage younger Australians to vote for them. Yes, young people have challenges including affordability, but in…
Australia’s property market may not be heading for a dramatic downturn, but the latest auction results are a timely reminder that higher interest rates, affordability pressures and shifting buyer sentiment are beginning to reshape market dynamics. According to Domain, auction clearance rates over the past five weeks are at levels not seen since the 2022…
Granny flats seem like a smart investment idea, don’t they? You build a modest dwelling in your backyard, rent it out, and voilà — a little extra income stream. But before you dive into the idea of building a granny flat on your property, let’s take a closer look. The reality is that granny flats…
For years, millennials have been the punching bag of public debate. They’ve been criticised for delaying marriage, accused of spending too much on travel and avocado toast, and blamed for changing workplace culture. Depending on who you listen to, they’re either financially irresponsible or victims of a system that became harder to navigate just as…
The Federal budget on May 12 changed the rules for property investors in ways that most people are still working through, and Westpac’s economics team has now put some concrete numbers around the likely market impact. If you’ve been wondering how to think about the combination of the tax changes and rising interest rates, I’ll…
For years, young Australians have been told to work hard, save harder, sacrifice more and somehow find a way into a housing market that keeps moving faster than their wages. And many of them have done exactly that. They have stayed at home longer with their parents, taken second jobs, delayed having children, invested in…
House prices have always been a talking point in Australia, but lately the conversation has shifted from concern to alarm. And for good reason. Tom Crowley explained this well in a recent article on ABC. He said… Think back to 2001. A typical nurse-and-electrician couple could save for around six years and buy a modest…
![[PODCAST] Labor’s Budget Is Making Australia’s Housing Crisis WORSE – Senator Andrew Bragg Explains Why](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/05/789_Labors-Budget-AB-Youtube-cover-270x200.jpg)
It doesn’t matter whether you own an investment property, whether you’re renting, or whether you’re desperately trying to buy your first home. This Federal Budget has just made your situation harder. If you’re a tenant, rents are already punishing. Vacancy rates are near record lows and there simply aren’t enough rentals to go around. The…
They’ve never known life without smartphones. They grew up through lockdowns, climate anxiety, social media algorithms and a housing crisis that has made the traditional Australian dream feel increasingly out of reach. And while many older Australians still dismiss Gen Z as entitled, distracted or unrealistic, they’re missing something important. This generation is already reshaping…
Let me start with a simple idea that most people never stop to question. What if the problem isn’t the system… but the story we’ve been told about the system? Because when you really think about it, most Australians have been conditioned to believe that wealth is scarce. That if someone gets ahead, someone else…
