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.
Proposed changes to the minimum energy efficiency standards for rental properties in Victoria could soon see landlords facing increased costs in a bid to help the state move towards net zero emissions. While the intentions behind these reforms are commendable, the reality is that these changes will have significant financial implications for landlords, many of…
Top economists are unanimous in believing Australia’s housing market is in crisis. Offered a choice of 14 measures identified by the Economic Society of Australia as likely to restrain prices for buyers and renters, none of the 49 leading economists polled picked: “Do nothing, the market will determine appropriate prices”. The economists chosen for the…
Brisbane’s property market might not match the sky-high prices seen in Sydney and Melbourne, but over the past few years, the sea-change shift effect has seen its population boom, with even our richest property buyers flocking northwards. And it has put some of the city’s most affluent streets on the map. Brisbane’s house prices boomed…
The value of home loans in arrears by 30 to 89 days has risen for the seventh consecutive quarter, as more borrowers struggle to keep on top of repayments. It now stands at $14.88 billion according to the latest APRA Quarterly ADI Property Exposure statistics data, released yesterday for the June 2024 quarter. This amount…
Many people go through life envious of the success of others. But what they fail to realise is that successful people, especially those who reach the upper echelons, spend their lives working hard to achieve their dreams So, are they just lucky, intelligent, or just born with a silver spoon? Well, in reality, it’s none…
![This is the best time to drink coffee [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/06/coffee2-270x200.jpg)
Do you start your day with a coffee? I know that I usually do, but research suggests the best time to drink coffee isn’t first thing in the morning. While it may seem that a cup of strong coffee first thing in the morning is the best way to get yourself going, in fact waiting until later…
Being Hopeful is a Common Trait Among Self-Made Millionaires. Feeling Hopeless is a Common Trait of the Poor One common denominator that kept many of the 177 self-made millionaires in my Rich Habit study pushing their ball up their hill, particularly the Dreamer-Entrepreneur millionaires, was hope. Without hope, all desire and motivation are lost. You…
It’s no secret that parking can add value to a property. But rising population density is now making the humble parking space a sought-after feature. In his recent column in Switzer, John McGrath examines what people have been willing to pay to park their cars. This is a question that will never have a definitive…
When was the last time you calculated your net worth? In my mind, it’s an important part of building your wealth, because without knowing your net wealth position it’s a bit like steering a ship without a compass. You don’t really know where you are along the journey. Calculating your net worth is like taking…
According to my Rich Habits Study data, finding a career success mentor in life was the fast track to success. Career success mentors teach you what to do and what not to do, what works and what doesn’t work. They teach you the career habits that will help you succeed and they forewarn you about…
