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.
Here are a couple of recent outtakes from the business press: Australia’s unemployment rate rose to 4.1% in June from 4% in May, despite the addition of 50,200 jobs, including 43,300 full-time positions. This data further fuels expectations of a Reserve Bank rate hike in August. Federal Treasurer Jim Chalmers claims the government has created…
We’re in a hot property market at present, with more buyers looking to buy good properties than there are dwellings on the market, and selling agents are being overwhelmed with buyer demand, so how do you get a real estate agent on your side? Remember, the real estate agent works for the seller, and they’re…
Australia’s population reaches 27 million Well not 27 million exactly, but by the time you read this blog, Australia’s population will have easily surpassed this milestone. In Dec 2023, Australia’s population was 26.97 million, with an annual growth rate of 2.5%. This strong growth was driven by a high level of net overseas migration, comprising…
![These 5 biases could be standing in your way of investment success [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/05/45437255_l-270x200.jpg)
What is standing between you and property investing success? It could be YOU! Maybe you’re too biased to be a successful property investor. What do I mean by that? Well…did you know that as property investors we can sometimes be our own worst enemy? It’s not because of the decisions we make, the opportunities we…
Today we discuss a topic that many property investors across Australia are concerned about. Considering the rising cost of holding investment properties, is it still worthwhile to invest in real estate? Joining me is Stuart Wemyss, a respected independent financial advisor, author, and founder of Pro Solution Private Clients, and together we’re going to be…
The stage is set for the RBA to leave the cash rate on hold next week, despite a rise to Australia’s annual inflation rate from 3.6 per cent to 3.8 per cent. While this is the first rise in annual inflation since December 2022, the result is in line with the RBA’s own forecasts, keeping…
Lacing on your running shoes and pounding the pavement is a common way of keeping fit. But what about the people who go the extra mile? You know the ones – they’re the social runners who start out running five kilometres and then keep upping their distance goals. The next year they might train to…
TV Preacher Mike Murdoch came out with a corker of a quote. He said that he wants you to have a debt-free home. Not one that you humbly downplay and meekly present. But “one your enemies can’t stop taking pictures of!” Negative experiences and negative people, tend to avoid at all costs. Personally in my…
The very first article that I wrote for a magazine was published 21 years ago! No wonder I feel old. The article was called ‘Unlimited finance…’. My thesis was that investing in high-yield properties doesn’t magically extend ones borrowing capacity allowing them to invest a lot more. Some investors believe targeting high rental-yielding investment properties will…
Worry is a terrible strategy, but for a long time it was the only one I knew. Now, I consider this a safe place, so don’t judge me when I tell you a little story. For years, when I would send in the sketch that goes with my column for the New York Times, I…
