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.
Gambling has long been a favourite pastime for Aussies and according to a report from Gambling Statistics Australia, we spend an average of $1.9 billion on lotto every year. Of the 6.8 million Australians who like to take a punt, about 76% of them play the lottery. Who is buying all these tickets? When you do…
Capital city auction markets have commenced November with reasonably steady results despite yet another official RBA interest rate rise announced last week. Weekly Auction Results to Saturday, November 7th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 964 52.7% 985 56.5% 1534 73.6% Melbourne 629…
What if the most important factor determining your financial future was decided before you were even born? Before you went to school, chose a career, purchased your first property or made your first investment, the circumstances of your birth had already influenced the opportunities available to you. It’s an uncomfortable thought, particularly for those of…
As a Fellow of the Australian Institute of Quantity Surveyors, with over 30 years’ experience in the tax depreciation industry, I have a professional obligation to act with integrity and to speak up where I consider that practices in my industry may mislead the public. I have serious concerns about the tax depreciation deductions being…
Are you looking to buy a home but feeling uncertain about what lies ahead? Investors may not want to hear that prices are falling, but if you are a home buyer, that should be music to your ears. The next three to six months could present a rare opportunity and set you up for decades,…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
Downsizing sounds simple enough: sell the family home, buy something smaller and free up some money for retirement. However, the financial outcome is not always as attractive as people expect. Stamp duty, selling expenses, moving costs and body corporate fees can consume a meaningful portion of the equity released. There is also an emotional side…
Most people don’t like to talk about money – they don’t like to talk about it with their spouses. They don’t like to talk about it with their kids and they don’t like to talk about it with their friends. Why is that? There are two driving factors that make money a taboo topic: #1…
Australia remains one of the wealthiest countries in the world, yet many Australians feel as though they are working harder simply to stand still. That feeling is now being confirmed by the economic data. Australia is heading towards its weakest decade of growth in living standards since the First World War, with GDP per person…
Talk to an agent who has just listed a property in a changing market and you’ll probably hear some version of the same thing: the phone is ringing differently from three months ago. Enquiry levels have changed, buyers are behaving differently at open homes, and offers are coming in at numbers that might have seemed…
