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.
Successful property investors, business people, and entrepreneurs share common traits. They also come from varied backgrounds and have achieved their success in different ways. But according to The Founder Institute, which tested more than 30,000 entrepreneurs to discover what qualities and priorities they had in common, it turns out that most successful people can be grouped…
![Declining Birth Rates in the Most Populous Countries (1950-Today) [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/population-270x200.jpg)
Birth rates are falling in the six most populated countries in the world, though at different speeds. This graphic shows the annual births per 1,000 people in the world’s six largest countries by population. The data is from the UN World Population Prospects (2022) and has been compiled by Our World in Data. The global decline in fertility…
Millions of Australians would prefer their inheritance to be distributed prior to their relative’s death, according to new research by Finder. A Finder survey of 1,062 respondents revealed more than 1 in 3 (36%) Australians – equivalent to 7.5 million people – expect to receive an inheritance over the coming decades. The research found 1…
![[Podcast] Is the Property Party Over? The Future of Real Estate Values with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-573-Stuart-Wemyss-03-1-270x200.jpg)
The common rhetoric in the media is that property prices just can’t keep going up; they’re too expensive, and our children will never be able to afford to get into the housing market. Is this true? Is the property party over? I’m sure you’ve also heard it said that Baby Boomers like me had it…
When I bought my first house, I bawled my eyes out, but it wasn’t because I was overjoyed, and it wasn’t because I was terrified to be taking on a big mortgage. Both of those things were true. But I cried for another reason entirely. Stamp duty. No one had warned me about stamp duty….
Capital gains tax (CGT) is the tax you pay on profits from selling assets, such as property. You essentially make a capital gain when the difference between the cost of purchasing your property (or another asset) and what you gained from selling it is greater than zero – in other words, you made a profit….
I was due to fly to Melbourne a couple of years ago. There was nothing surprising in that, I have been flying between Brisbane, Sydney, and Melbourne every week for a couple of years. Wow hasn’t covid changed all of that? I normally flew Business class, so that I could get work done, and given…
Have you ever considered getting involved in property development? With the good old boom days of the Australian property market well and truly over, many investors are considering how they can become more actively involved in growing the value of their property portfolio. They realise that simply sitting back and waiting for their equity to…
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024 showing improvement for the first time in three years, according to the latest data from the Real Estate Institute of Australia (REIA). But it’s really a tale of two cities. REIA President, Leanne Pilkington, highlighted that while housing affordability…
If you want to change your life, you must change your habits. In my book, Effort-Less Wealth, I highlight which habits have the most impact on your financial life, and in my book Change Your Habits Change Your Life, I explain how to make habit change quick, painless, and permanent. Below I share some of the…
