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.
Ten years ago I did a study into ageing and wealth. At the time, I called the study “old poor and lonely” – given this more or less summed up the picture for the typical retiree. Surely, a decade later on, things have much improved? It depends on where you sit. Only a third of…
![[PODCAST] 25 Wealth Rules I Learned After 50 Years in Property (Most People Break Rule #6)](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/07/799-25_Wealth_Rules-MY-Youtube-cover-270x200.jpg)
Today, I want to share 25, let’s call them commandments, for financial wealth and success. And to get the message across best to you, I decided to do something a little different. Normally, I have a guest, but this time it will be just you and me as I share these ideas with you. These…
If there’s one thing I’ve learned in my many years of business, it’s that change is the one constant. Just when you think things are settled, something will happen to upset the apple cart. Investors and entrepreneurs may think this is only happening to them, and that it’s their bad luck. It’s not. It’s the…
Domain’s June 2026 Rental Report confirms what many tenants, landlords and property managers have been feeling on the ground: Australia’s rental market remains tight, but it is no longer moving in one uniform direction. According to Domain, combined capital city house rents re-accelerated in the June quarter, rising by $20, while unit rents increased by…
According to A well-known study, conducted in 2013 by PEW Charitable Trusts, 70% of those born and raised in poverty, remain poor as adults. And this “cycle of poverty” continues generation after generation. Why? Inferior education, absentee parents, toxic stress, poor nutrition, few, if any mentors and a lack of opportunities are all blights inflicted upon…
Here’s the uncomfortable truth many Australians are starting to realise – you can work harder than ever, do everything “right”, yet still fall behind financially. It’s not due to buying too many lattes or smashed avocado sandwiches, and it’s certainly not due to a lack of ambition. It’s because the rules of money quietly changed…
If I asked you to name the most important ingredient in building long-term wealth, what would your answer be? Most people would probably say hard work. Others might suggest intelligence, discipline, good timing, or perhaps choosing the right investments. They’re all helpful, but after more than five decades of investing through property booms, recessions, share market…
Are you looking for a sign to make sense of our crazy property markets? Australia’s property markets are sending mixed signals right now, and the only way to make sense of them is to break the data down into a series of indicators. Some tell us what has already happened, some tell us what’s happening…
Most investors are obsessed with what’s going to happen in the next 3 months, yet the ones who actually build serious wealth are thinking in decades. If you really want to change your financial future, don’t focus on the next quarter; commit to the next 25 years. Shift your timeframe, change your decision. Because something…
Despite all the talk about falling property prices, there’s a property market boom taking place where prices have risen by over 10% in the last year, with even stronger growth forecast. This a hidden boom, that no one is talking about – yet. The latest data from PropTrack shows that median housing prices fell in…
