The rich get richer. You’ve no doubt heard that soundbite many times. Is it true? The short answer is no. Still, those raised in wealthy households have a huge advantage over those raised in poverty. Advantages Better Education – Those raised in wealthy households generally live in wealthier neighbourhoods. These neighbourhoods typically have better school…
Australia’s property market has once again demonstrated its resilience and unparalleled potential for wealth creation, with the latest Domain Profit and Loss Report revealing that property sales have reached record-breaking profit levels. The report, which examines sales across the nation, shows that an impressive 96% of houses and 90.7% of units resold for a profit…
What if the government was doing everything it could to stop thieves making off with our money, except the one thing that could really work? That’s how it looks when it comes to scams, which are attempts to trick us out of our funds, usually by getting us to hand over our identities or bank…
Did you know that there are some one million unoccupied private dwellings across Australia? Yes – that’s what the latest Census tells us. This equates to about 10% of Australia’s private residences. What does an unoccupied dwelling mean? According to the ABS, an unoccupied private dwelling is: a vacant one at the time of the…
Today’s show is the second episode of my new weekly podcast with Simon Kuestenmacher. We’ll be talking about tribes. And let’s face it – we all belong to one. So, as a property investor, business owner, or entrepreneur, you really must understand how the various tribes think and what they want out of life. For…
The new figures for the Australian and state population in December 2023 are out and make for interesting reading. The population stood at 26,966,789 people on 31 December 2023. This was an increase of 651,200 people over the calendar year 2023. That’s the highest calendar-year growth ever recorded in numerical terms. In percentage terms it…
Typically, you need a budget of circa $1.5 million to purchase an investment-grade house (investment property) in Melbourne, less in Brisbane, and a lot more than $1.5 million in Sydney. Of course, not everyone can afford this budget, so I wanted to discuss how to buy the highest quality property possible within your budget. This…
There are three things that we need to achieve happiness in life… Someone to love Something to believe in, and Someone to blame when things go wrong. Enter the property investment guru… Cashing in on these major needs, this dashing species has all of the hallmarks of success A rags to riches story that is…
In this article, I talk us through the risks involved in property development so you know how to manage them. Many investors approach property development with rose-coloured glasses, but in order to minimise your risks and maximise your chances of turning a good profit (remember you want at least 15 per cent on the development…
Despite years of advocacy and progress, women in Australia continue to face significant hurdles when it comes to achieving equal pay. A new report by Finder, in collaboration with UN Women Australia, shines a spotlight on the challenges that persist and the attitudes that may be holding back progress. A nation divided: the gender pay…