Have you ever wondered how you get started in property development? I’ve recently noticed a trend in budding developers – they are looking for an overview of the property development process and they want it in a simple and accessible way. It’s probably in part because many of the property markets around Australia are flat and…
Welcome to another monthly Big Picture episode of the Michael Yardney podcast. Each month, I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views. In this episode, we explore a range of topics from inflation and government spending to property investment strategies and market trends. The Reserve Bank…
I am a big fan of habits. Good ones that is. Of course, not all habits are productive ones. Some are bad for us, they stop us from succeeding, and they reinforce negative patterns that we’ve picked up from parents, friends or colleagues. No one is perfect, but I’ve found that the most successful people…
“Now that you’re not working, it must be hard” she said. “There’s no-one to tell you you’re doing a good job”. I’d caught up with a friend for dinner who had won yet another industry award. I was happy for her. She’s worked hard. I did have to hold back though. Her statement revealed what she…
In a decision that was almost universally expected, the RBA kept the cash rate on hold at 4.35% at the September meeting. With the US recently dropping their cash rate target by 50 basis points last week, alongside earlier cuts from the UK, Canada, NZ, China and the EU (among others), the RBA’s decision to…
In this instalment of the Property Development Series, I’ll walk us through the role of the engineers and which ones you’ll need for your next project. Astute property investors and developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who…
Success means different things to different people. For some, success may be defined by having a happy family life, with ample time to spend with our loved ones. For others, their version of success might be based on wealth creation or career trajectory. But while success is mostly individual, there are collective transformative habits that…
In today’s show, I chat with Ross Elliot, a prominent voice in the property market and urban development. Ross recently penned a thought-provoking article titled “The Housing Fix We Actually Can Do,” where he delves into the impact of taxes on property affordability and offers practical solutions to this pressing issue. We’ll discuss the current…
Protecting your hard-earned assets is increasingly becoming a common concern, especially with the increasing number of frivolous claims. For centuries people have used trusts to hold assets so as to protect them and to increase their flexibility. Protecting assets with a trust A trust is useful in this regard as the individual does not own…
It’s a common problem – how do you balance buying a home while selling the old one? If it’s your own home that you’re putting on the market, the stakes are even higher. You don’t want to be paying two mortgages, but you don’t want to be without a roof over your head either. In…
