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.
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Now more than ever there is more information about property investment available. Much of it is online and in many cases it’s mostly untested. Any Tom, Dick or Harriet it seems can create an “expert” persona, perhaps because they’re good with words or have a couple of property wins on the board, probably solely due…
While Clermont locals are celebrating the approval of the controversial Adani mine in Queensland’s Galilee Basin, property investors should be careful before entering the market. The $2 billion Carmichael coal mine, one of Australia’s largest thermal coal mines, will comprise six open-cut pits and five underground mines covering about 447sq km. Adani states it will…
When you’re buying a home, it can sometimes seem like you’re expected to learn a whole new language. Terms like “loan to value ratio”, “conditional approval” and “comparison rates” are bandied about on TV ads and in product disclosure statements – and if you don’t understand what they actually mean you could find yourself in…
As I’m sure you’re aware, successful property investment involves holding your properties for as long as possible. But sometimes you will have to sell. Maybe it’s because you’re outgrown your current home – or the opposite when all the kids have left home. Or perhaps, an investment property is under-performing, so you’ve made the wise…
Almost half of Australians are living from pay to pay. These figures from a recent Finder survey of 1,780 Australians reveal 46% – the equivalent of more than 5.9 million working Aussies – are unprepared to cope with a job loss, admitting they couldn’t survive financially for more than a month if they suddenly lost…
Charles Koch is a multi-billionaire. Charles and his brother David took over their father’s business and transformed it into the largest privately held company in the world. He was recently asked in a Time Magazine interview about what he attributes his enormous success in life to. Charles responded that if it were not for…
Around 8.6 million Australians bought a lottery or scratchy ticket in the 12 months to June 2018. That’s around 44.8% of our 18+ population. Who is buying these tickets? When you do the maths they must be crazy. The odds of winning the major lottery like Powerball or Mega Millions are around 1 in 176,000,000….
Throughout the 2018-19 financial year, 26.0% of all houses sold nationally were under $400,000 and 32.5% of all unit sales were under $400,000. Despite the weakening housing market the share of house sales under $400,000 was virtually unchanged from a year ago, down from 26.3% the previous year while the share of unit sales under…
The Reserve Bank’s best case scenario is that its forecasts are wrong, writes … Peter Martin., Crawford School of Public Policy, Australian National University Reserve Bank Governor Philip Lowe has said two things about unemployment in the past few weeks. Together, they lead to an inescapable conclusion. The first was in a speech in May,…
Here’s a group of quotes that should inspire and motivate you in the week ahead. Enjoy… 1. “What the mind of man can conceive and believe, it can achieve.” — Napoleon Hill 2. “A champion is afraid of losing. Everyone else is afraid of winning.” — Billie Jean King 4. “If you live long enough,…
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