If you could step back into Australia in 1981, you would recognise the country, but much of everyday life would feel surprisingly foreign. Australia was younger, smaller, less diverse and more traditional. Families were larger, manufacturing played a much bigger role in employment, overseas travel was a luxury, and the typical worker was more likely…
There is a dangerous tendency in Australia’s housing debate to assume that anything that makes life harder for property investors must automatically make life easier for first-home buyers and tenants. It’s a good political argument that sounds appealing, particularly when housing affordability is such an emotional issue, but housing markets don’t work in isolation. Investors,…
Buying a property can be exciting, but it can also be stressful, even when market conditions favour buyers. At present, many Australian property markets are experiencing softer conditions, stock levels are healthier and there is less competition than we have seen in recent years. On the surface, that may make buying seem easier. However, having…
When I was about six or seven I wanted to play the drums. My parents went out and bought me a small snare drum along with a pair of drumsticks and brushes (I still can’t use brushes, but that’s another story). I remember the day my father brought the drum home, it was shiny silver…
Australia’s housing market has entered a new phase, and the consequences are likely to extend well beyond homeowners watching the estimated value of their property decline. According to a new NAB Economics report, national dwelling prices are expected to fall by around 7% from peak to trough, following growth of 8.8% during 2025. NAB forecasts…
Australia’s rental markets are tightening again, with vacancy rates falling across most capital cities and remaining at historically low levels. Yet, rather surprisingly, asking rents eased in many cities over August. So, has the rental crisis finally reached a turning point, or is this simply a temporary pause before rents begin rising again? And what…
Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
Did baby boomers become wealthy because they were better investors, or were they simply born at the right time? It is a confronting question, because millions of Australians who bought property, invested in shares and contributed to superannuation over the past 40 years enjoyed one of the strongest financial tailwinds in modern history. From the…
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,…
