In recent weeks, a quiet shift has been happening behind the scenes in our financial system. While the Reserve Bank of Australia (RBA) continues to hold the official cash rate steady at 4.35% – at least in the short term- a number of lenders, including five more just this past week, have been trimming their…
Almost every one of the self-made millionaires in my Rich Habits Study pursued their dream despite the fact that they felt they were not ready. “The best time to plant a tree was 20 years ago. The second best time is now.” ~ Chinese Proverb It didn’t matter that they did not know what they…
In today’s show, Tom Corley and I chat about a recent blog he wrote called “Everything you need to know about becoming a multimillionaire” , so if that interests you, I’m sure you’re going to enjoy my chat with Tom. Takeaways There are 4 pathways to wealth and we break these down for you Becoming…
If you’re confused about cryptocurrencies, like Bitcoin and Ethereum, as an investment, you’re not alone. What you’re about to read is a property expert’s take on crypto, so I’m not sure if it’s worth more than your hairdresser’s take on physical fitness. I don’t profess to be an expert, but let me give you some…
I expect that the current slower phase of the property cycle to come to an end at which time I expect the value of many properties to increase significantly in value again. I have no idea when this will happen. Now just to make things clear…those aren’t contradictory statements. The first is an expectation, the…
The Albanese government’s re-election has renewed concern about planned changes to the taxation of investment returns in superannuation funds. Labor’s emphatic victory on Saturday night, including what appears to be an increased presence in the Senate, suggests the legislation is likely to become law soon. Retirement income in Australia Australia’s retirement income system comprises two…
Interest rates are falling, confidence is rising, and property prices are stabilising. This could actually be one of the best times in years to get into the property market. According to NAB’s latest Residential Property Survey, Australia’s housing market has turned a significant corner. After a challenging year of interest rate uncertainty and affordability headwinds,…
Not all cheap areas are good buys, and a housing boom isn’t just about affordability – it’s about a mix of key factors. Here are seven indicators that signal potential growth: 1. Population Growth – A booming market must attract more residents. If an area’s growth rate exceeds its 10-year average, it’s a positive sign….
Have you wondered how many years it takes for house prices to double? You will often hear it said that property values double every 7 to 10 years, but that’s not actually correct. There are markets within markets, and some outperform others. Then, there are periods in all various housing markets when property values remain…
So today, before we dive into the latest data and trends, I unpack what this election result could mean for property investors, homebuyers, and renters across the country, and what the likely implications are for inflation, interest rates, and affordability? And to help make sense of it all, I’m joined by, Dr. Andrew Wilson Chief…
