The Australian property market is on the move. After a few years of uncertainty, highlighted by headlines about falling prices and interest rate hikes that made buyers nervous, we turned the corner last year, and property values have been rising ever since. With the Reserve Bank having dropped interest rates three times already this year,…
Australia’s property market is full of contradictions. While affordability remains one of the biggest challenges facing buyers, the so-called “affordable end” of the market is actually outperforming. Australia’s most affordable housing is experiencing significantly stronger price growth than typical properties, according to Nerida Conisbee, Chief Economist at Ray White. The trend is consistent across most…
Everyone was banking on another interest rate cut this year – but what if it never comes? In this month’ Big Picture Podcast, Ken Raiss and I will unpack why the economy is running hotter than expected, and what that means for rates, housing, and your mortgage. We also explain how the Bank of Mum…
Don’t expect a rate cut any time soon. The latest CPI figures have put a pin in that. The monthly Consumer Price Index (CPI) indicator rose 3.0% in August, up from 2.8% in the previous month, to the highest level since July 2024. This figure suggests there is meaningfully more inflation pressure in the domestic…
Relationships are much more complicated these days, aren’t they? It’s common for couples to purchase a property before they have walked down the aisle or even lived together, which raises the question of who gets the house if they break up? It’s surprising more couples don’t give this a second thought. They assume they’ll be…
Have you ever wondered what the most common major problems are in life? I have. I spent the past 12 years studying the rich and the poor (Rich Habits Study) and found that there were 12 frequent big problems almost everyone has to contend with: Health Problems Financial Problems Family Problems Neighbour Problems Home Ownership…
It’s no secret that education for their children is a top priority for many Australian families. But what’s becoming increasingly clear, especially here in Melbourne, is just how much that priority is translating into cold, hard property premiums. In fact, the latest report from the Real Estate Institute of Victoria (REIV) reveals something most of…
Any day we wish; we can discipline ourselves to change it all. Any day we wish; we can open the book that will open our mind to new knowledge. Any day we wish; we can start a new activity. Any day we wish; we can start the process of life change. We can do it…
In today’s podcast, we are going to do something a little different. You see, one of the common questions I get asked is, “Michael, what’s your net worth?” It’s a question people are curious about—and I get why. However, rather than simply providing you with a number, I want to take you behind the scenes…
For years, Australians have been asking themselves why saving for a home feels harder than ever. While soaring property prices grab most of the headlines, there’s another culprit that doesn’t get nearly enough attention: wages. A new report by Per Capita titled The Lost Decade has revealed just how much low wage growth has held…
