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.
I’ve found that many investors want to get into property development to grow their wealth faster by “manufacturing” capital growth and increasing their rental returns. While the property development process can be very rewarding, it is not without some pain and considerable risk. When all goes well, the results are fantastic, but if things go…
![Some Lessons You Can Learn From These Successful Billionaires [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/02/42217936_l-270x200.jpg)
So what characteristics do billionaires have in common other than have more …well… money? According to Growth Everywhere, billionaires have a fair amount of useful advice when it comes to building a solid lifestyle. Whether it’s reading voraciously like Warren Buffet or learning to diversify like David Koch, you’ll find that one thing is true:…
Our family struggled with poverty and, like many who struggle with poverty, I found solace in our poverty by hating the rich. So, I had my own personal feelings for hating the rich. But that all ended when I completed my five-year Rich Habits Study. I accumulated hard data to help me better understand the…
A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%. The dip below 3% puts the monthly measure of annual inflation back within the Reserve Bank’s target band of 2-3% for the first time since August 2021. The longer-running quarterly measure of annual inflation…
Here are two numbers worth remembering: 4 and 13 4 Since 1980 the time between house price growth peaks is four (4) years and not the often quipped seven (7) years. And it would appear that the time between peaks is getting shorter. This makes sense given the way we receive information these days and…
Have you ever wondered how you get started in property development? I’ve recently noticed a trend in budding developers – they are looking for an overview of the property development process and they want it in a simple and accessible way. It’s probably in part because many of the property markets around Australia are flat and…
Welcome to another monthly Big Picture episode of the Michael Yardney podcast. Each month, I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views. In this episode, we explore a range of topics from inflation and government spending to property investment strategies and market trends. The Reserve Bank…
I am a big fan of habits. Good ones that is. Of course, not all habits are productive ones. Some are bad for us, they stop us from succeeding, and they reinforce negative patterns that we’ve picked up from parents, friends or colleagues. No one is perfect, but I’ve found that the most successful people…
“Now that you’re not working, it must be hard” she said. “There’s no-one to tell you you’re doing a good job”. I’d caught up with a friend for dinner who had won yet another industry award. I was happy for her. She’s worked hard. I did have to hold back though. Her statement revealed what she…
In a decision that was almost universally expected, the RBA kept the cash rate on hold at 4.35% at the September meeting. With the US recently dropping their cash rate target by 50 basis points last week, alongside earlier cuts from the UK, Canada, NZ, China and the EU (among others), the RBA’s decision to…
