We often hear about rising interest rates, skyrocketing housing prices, and inflation biting into household budgets, but there’s another more personal cost emerging from the current economic climate—our social circles are shrinking. A recent survey by Finder highlights that around 4 million Australians have cut back on their social interactions simply to save money. While…
Want to become better with your finances? Well, you could do a lot worse than learning from my favourite author, Morgan Housel author of the Psychology of Money and whose blogs regularly appear on the Collaborative Fund. Over the next three days I’m going to share some of his best thoughts with you, so let’s…
The Australian property market has transformed dramatically over the past five decades. While house price growth has fueled wealth for some, it’s left others grappling with skyrocketing costs and an increasingly elusive dream of homeownership. According to new analysis from Money.com.au, house prices in Australia’s capital cities have surged by 3,435% in just 50 years,…
To help you in making this a great year, I’d like to share with you the importance of having a growth mindset. I want you to think back…way back in time. Go back to the days when you were a child. You there? Now, I want you to think about what you didn’t know as…
Our property markets grew strongly last year with many locations enjoying double-digit capital growth, and they’ve started 2024 firmly, in part due to the lack of supply of A-grade homes or investment-grade properties for sale. And this is starting to show itself as FOMO (fear of missing out) – when homebuyers and investors are scared…
Today I’d like to discuss a few things that never change in a world that never stops changing. And that’s because the things that never change are the most important things to pay attention to. However, change gets the most attention because it’s exciting, it’s surprising, it’s something that the media can comment on. I…
2024 was an extraordinary year for Australia’s property market! While housing prices have kept climbing in most parts of the country, the pace has shifted gears. Poor affordability, higher interest rates, and a surge in the number of homes for sale have all conspired to slow price growth. Meanwhile, the rental market is showing signs…
Rental markets finished the year on a softer note, with the national rental index up just 0.1% in the month of December to be 0.4% higher through the December quarter and 4.8% higher over the calendar year according to Corelogic. Source: Corelogic January 2025 CoreLogic’s research director, Tim Lawless, said:. “This was the smallest December…
Do you know which areas or suburbs in Australia are leading in terms of rental affordability? Or have you wondered how your suburb ranks in terms of rent prices compared to the rest of the country? By now we’re all aware that Australia is going through a rental crisis, with soaring rents and a lack…
The cost of building a new house in Australia has surged over the past few years as supply and trade shortages continue to weigh on the market. And at the same time, the construction industry has seen a surge in insolvencies as rising labour costs, extreme weather, high material costs and shortages and global supply…