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.
Sydney has long held the crown as Australia’s most expensive city, consistently commanding a premium over Melbourne. However, this premium has now reached historic extremes. The latest PropTrack data reveals that the typical house in Sydney fetches a whopping 70% premium over its Melbourne counterpart. Put simply, Melbourne’s median house price is about 41% cheaper…
Negative gearing and capital gains tax are back on the national agenda as Australians deal with a housing crisis and politicians look for ways to tackle the issue and win voters’ support at the upcoming election. The Labor government confirmed last week the tax concessions were being reviewed. Meanwhile, the government is struggling to pass…
I come from a long line of worriers. I’m a worrier, my grandmother was a worrier, and my mom worries like she’s getting paid for it. On the topic of worrying, she once said: “I feel like if I don’t worry enough, something bad is going to happen.” Lots of people feel the same way….
Capital city home rental markets reported varied results over the first month of spring with vacancy rates continuing to tighten following the mid-year easing. House rents however were generally lower again with mixed rental growth for units. Most capitals again reported lower house rents over September with the exception of volatile Darwin with an increase…
Buying your first home is a thrilling milestone, but it’s also a journey that can be filled with a mix of excitement, stress, and plenty of decisions. Whether you’re eager to get on the property ladder or you’re taking your time to find the perfect place, being prepared is key to making a smart investment….
When I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life I always begin my presentation by asking three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in life?” Almost every…
Today, I want to give you my thoughts on a topic that’s been dominating headlines and sparking debates across the country: housing affordability. It’s a subject that stirs up strong emotions, especially as the dream of home ownership seems to be slipping further out of reach for many Australians. But here’s the question that I…
In a recent move that signals a flexible but cautious approach, the Reserve Bank of Australia has kept the door open for potential interest rate cuts by year-end if economic conditions worsen. In its minutes for the September Board meeting, the RBA has also cautioned that it could raise rates again should inflation fail to…
In a reflection of the ongoing financial strain on households, Australians spent a record $27.43 billion on personal credit card purchases in August 2024, according to the latest data from the Reserve Bank of Australia (RBA). This represents an increase of $814.3 million (3.1%) compared to the previous month and a staggering $1.23 billion (4.7%)…
My parents had many failings. I’m sure yours did too. But when do we stop blaming our parents for the person we’ve become? For some, this happens in their 20s. They make it through the tumultuous teenage years and they achieve clarity. For others, it doesn’t happen until the birth of their own children. Frankly,…
