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.
Ever noticed how everyone suddenly becomes a property expert the moment you mention you’re an investor? You know the lines: “My cousin bought three places in six months”, “The bloke at work says mining towns are the future”, or the classic, “Just buy something close by so you can drive past it.” It’s well-meaning. It’s…
“Keep all your eggs in one basket, but watch that basket closely.” – Warren Buffett This is one of Warren Buffett’s most famous quotes. It is also one of the worst pieces of advice for anyone who is working on becoming rich. My dad inadvertently took this advice with his own financial empire, and in one…
![[PODCAST] Property Investors: The Inflation Number You’re Told Is Lying to You with Ashley Owen](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/07/812-The_Inflation_Number-AO-Youtube-cover-270x200.jpg)
You’ve probably heard the media, politicians and economists talking about “the inflation rate” as though every Australian is experiencing the same increase in their cost of living. But the official CPI figure may bear little resemblance to what is happening in your household. Because here’s the uncomfortable truth. That headline number is an average. It’s…
Believe it or not, more than one-third of everyone working in Australia was born overseas. In our capital cities, that figure rises to around 42 per cent. In my mind, those numbers should change the way we discuss migration because overseas-born workers are central to the Australian economy. They help staff our hospitals, care for…
Tomorrow we’ll get the latest figures on inflation in Australia. That data will be critical in helping the Reserve Bank of Australia decide whether to lift interest rates again next month. Answering questions at a lunchtime speech today, RBA Governor Michele Bullock noted “inflation is still too high”. Yet many Australians are confused about how…
There’s a headline doing the rounds right now that’s being used to stir up generational resentment, and I think it deserves a more balanced read. A recent article in The Age revealed some striking data from the Australian Taxation Office showing that older Australians – particularly those over 60 – have dramatically increased their share…
The reaction to the May Federal Budget changes to negative gearing has been predictable. Many commentators are arguing that investors will now flood into off-the-plan apartments because the tax incentives increasingly favour new homes over established dwellings. Maybe. But I think many are looking at the wrong end of the telescope. The fundamental question isn’t…
Could Australia’s surprisingly strong jobs market become the trigger for another interest rate rise? That is the possibility property investors and homeowners must now consider following the release of the latest employment figures. Australia added 76,300 jobs in June, more than five times the increase economists had expected, while the participation rate climbed to a…
If you asked Australians whether they feel more financially secure today than they did five years ago, I suspect most wouldn’t need to think too hard before answering. Then a new research from Money.com.au revealed that 52% of Australians, equivalent to 11.5 million people, expect their Census 2026 responses to show their household is financially…
Have you got the skills to make it as an entrepreneur? We all want the wealth and contentment that comes with great success, but the truth is, it takes a certain kind of person, with a certain skill set, to make it as an innovator. I’m not a believer in fate defining your fortune. We…
