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.
Demographics will drive our destiny and that’s why it’s important for property investors and business owners to understand the changing demographic trends, including population forecasts. I recently attended a great webinar by demographers Informed Decisions – id.com.au Here are some of the takeaways from that session, but you can register to watch the full webinar…
Not that long ago there were two Australias. The Haves and The Have Nots. Tall Poppies and the Rest of Us. But now there appear to be three Australias. 1. Tenants There are roughly one-third of Australians who are tenants suffering from double-digit rental increases, while at the same time experiencing sharp falls in real…
Baby Boomers, who predominantly make up the current generation of grandparents, are having significant impacts on the economic landscape, showcasing their pivotal role in wealth transfers as they actively contribute to and shape the financial dynamics over the years ahead. The proportion of national population to proportion of national wealth across the generations highlights a…
Turn on the news and you’ll see plenty of people in hot water over mistakes they’ve made. There are some pretty powerful people out there, I’m sure you’ll agree, who make expensive and damaging errors every day. Now, I’m not saying that’s OK or that they shouldn’t take responsibility for what’s happened. But my point…
Successful people seem to be obsessed with success quotes. They love to throw them around wherever and whenever they can. Successful speakers love to use quotes as do successful authors. Success and quotes go together like beer and pretzels. So, I thought I’d share some of the quotes I’ve accumulated from interviewing self-made millionaires, from…
Property investors come in all shapes, sizes… and professions. But the strategic property investment game is more popular in some lines of work than others. Unsurprisingly the data shows that property investment is most popular among Australia’s highest-paid workers. But there are other surprising professions which make the list. Medical professionals such as surgeons, anaesthetists…
About five years ago The Grattan Institute released a great report on Australia’s urban landscape. To read the 87-page report go here. But for those of you who are short on time, I have pulled together ten things you need to know about this work. Many of these are quite surprising. 10 things 1. Most…
Australia, along with the rest of the world, is on the cusp of the largest intergenerational wealth transfer in history. Termed as the “great wealth transfer,” we’re looking at an eye-watering US$68 trillion (A$100.2 trillion) moving hands globally over the next 20-30 years. This shift, predominantly from the baby boomer generation, is not just significant…
The average new owner-occupier mortgage in Australia is now $636,597 – a new record high that is set to keep on rising alongside property prices in key states. Over the last 12 months, the national average has risen by $56,357, an increase of $154 a day, despite the fact the cash rate is at its…
Australia loves coffee. All you have to do is log onto Instagram any morning between 6 and 10 am to discover all the posts about how much we all crave the beloved brown beverage. It seems we can’t live without it. Demographers McCrindle surveyed 1,000 Australian adults and here are 4 interesting things they found……
