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.
After several years of strong price growth across much of Australia, Domain’s latest FY27 Housing Market Forecast suggests the property market is entering a very different phase. The report highlights that Australia’s housing market has entered a more complex phase. Three rate hikes in the first half of 2026 have changed the landscape, and the…
Everyone says they want more affordable housing. Politicians promise it at every election. Media commentators demand it. Young Australians tell pollsters they’re worried they’ll never own a home. Yet if property values in any of our capital cities suddenly fell by 10% or 20%, most Australians would be horrified. That’s because housing affordability has become…
Australians have become much more gloomy about the economy and increasingly worried about the irresponsible behaviour of the United States in the past year, according to the Lowy Institute’s 2026 poll. The poll also shows a big decline in support for cultural diversity over the past two years, albeit from a very high level. Almost…
Everything worthwhile in life has a price of admission. Not money – but effort, discomfort, uncertainty, and a willingness to grow. Most people misunderstand this. They think the struggle is a sign they’re on the wrong path. In reality, it’s often the clearest evidence they’re heading in the right direction. Here are a few “costs…
The Albanese Government has struck a deal with the Greens to get its tax reform package through the Senate, and part of the price Australians are paying is the ban on self-managed super funds using limited recourse borrowing arrangements (LRBAs) to buy residential property going forward. If you already have an LRBA in place, you’re…
Every capital city’s auction clearance rate has just dropped to its lowest point of the year, and Brisbane is the real shock, plunging to under 22 per cent this week, down from over 50 per cent just twelve months ago. That’s happening even though the Reserve Bank left the cash rate on hold again at…
Just in case you didn’t know, successful people have just as many failures (in fact probably more) than the average person. Of course, they also get things wrong, mess up and do things they wish they hadn’t done. But when things go wrong they tend to handle the situations differently. Lifehack shares 10 things successful…
![[PODCAST] Brace Yourself: What Robert Kiyosaki Got Right (and Wrong) About Property and Wealth Creation, with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/06/744-Kiyosaki_Was_Wrong-KR-Youtube-cover-270x200.jpg)
Today, we’re diving into the wisdom, And perhaps the warnings, Of one of the most iconic voices in personal finance, Robert Kiyosaki. Now, you’ve probably heard his famous advice: ‘Buy assets, not liabilities,’ or his stories about the Rich Dad and the Poor Dad. But here’s the thing – hile Kiyosaki’s early lessons transformed the…
Australia has never had a death tax. We’ve long prided ourselves on that, and many Australians have structured their estates carefully, knowing their wealth could pass to the next generation without the government taking a cut simply because they died. But buried in Treasurer Jim Chalmers’ 2026-27 Budget are changes that estate planning lawyers and…
Well, the RBA has now spoken, and for the first time this year borrowers received a little breathing space. At its June meeting, the Reserve Bank kept the cash rate on hold at 4.35%, following three rate rises earlier this year. That decision was widely expected, but it was not exactly a green light for…
