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.
Do you drink freshly brewed coffee to start off your day? Or is a cup of English breakfast tea a better option for you? Your choice could be a result of your genes, and how they affect your experience of bitter flavours. Published a few years ago, our study shows that the likelihood of a…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. Home values declined a little after nearly two years of consecutive growth, with CoreLogic’s national Home Value Index dropping -0.1% in December. This downturn is being caused by the widening gap between…
Australia’s reputation as the “lucky country” isn’t just a label—it’s a testament to our ability to adapt, innovate, and thrive. Central to this success is our status as a migration nation. For decades, migration has fueled our economy, enriched our culture, and shaped our cities. But as we move through the 21st century, challenges are…
I’ve always believed that the start of every year is the ideal time to consider your wealth creation goals. So, why don’t you ask yourself this question: Will this be like most other years where good intentions are forgotten or put aside because of the pressures of everyday life? As the saying goes: Why put…
How was your year in 2024? Knowing what you know now, would you do differently? I have been reflecting on what I can change ready for this new year and the most important words that came to mind were Gratitude and Privilege. I am grateful for all of the material things that I have, love,…
After 21 months of growth that pushed values up 14.3%, CoreLogic’s national Home Value Index (HVI) has finally recorded declines. After peaking in October, the national index steadied in November (-0.01%) and recorded a -0.1% decline in December. The start of a cyclical downturn is unsurprising, as monthly home value growth has slowed since June…
The allure of Australian real estate continues to captivate international buyers, with property searches from overseas increasing slightly compared to the same time last year. While the overall numbers have grown, interest from individual countries has shown some fluctuation, reflecting global economic conditions, political developments, and seasonal trends. Let’s take a closer look at the…
Knowledge fueled by emotion equals action. Action is the ingredient that ensures results. Only action can cause a reaction. Further, only positive action can cause a positive reaction Action. The whole world loves to watch those who make things happen, and it rewards them for causing waves of productive enterprise. I stress this because today I…
![[PODCAST] The Tax Man Knows More About Your Property Investments Than You Think – Assistant Taxation Commissioner Rob Thompson](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/12/MY_Podcast_625-Interviewing-the-Tax-Man-KR-RT-270x200.jpg)
No one wants to pay more tax than they need to, and no one wants to get in trouble with the tax man, so today Ken Raiss and I interview Rob Thompson, Assistant Commissioner of Taxation, who has a front-row seat to the intricacies of our tax system, and he’s here to help unpack some…
New dwelling approvals are still falling short – whilst up 6% on last year – they remain lacklustre. Some 168,000 new dwellings were approved over the past twelve months, most of which (110,000 or 65% were detached houses) and 58,000 were attached dwellings. Nearly half (47%) of the new attached dwelling approvals were townhouses, followed…
