Since 2004, I’ve been immersed in studying what to do and what not to do in order to become wealthy and avoid poverty. Thanks to my Rich Habits Study and my ongoing Rich Habits research, I’ve learned an enormous amount about what it takes to become wealthy. Here are the most important things I’ve learned about building wealth:…
Australia’s housing crisis has become a fierce political battle that could have major implications for the outcome of the upcoming federal election. The problem is there are no quick fixes to the housing crisis, yet both the Coalition and Labor continue to chase short-term solutions that don’t address the real issues. Anything easy and popular…
Australia’s housing crisis has reached a tipping point. Demand continues to outstrip supply, affordability has fallen off a cliff, and the dream of home ownership is slipping away for many everyday Australians. For years we’ve talked about building more homes, but the real question is where, how, and what kind? Now the Housing Industry Association…
The USA-led trade war turmoil is likely to cause a global economic slowdown and also precipitate falls in interest rates. I’ll explain how the Australian property market will benefit from both of these dynamics. The impact of high tariffs We are largely insulated from high tariffs because we produce almost everything we need. Our major…
We’ve seen this before, back in 2007–2008, right as the Global Financial Crisis unfolded. Rents were skyrocketing, vacancy rates were plummeting, and affordability was vanishing. Now, a new analysis from Money.com.au suggests we may be heading for a repeat performance. Over the past two years, Australian rents have jumped 14.2%—more than double the overall inflation…
Retirement is a stage of life that most of us look forward to, but few of us truly prepare for beyond the financials – and sometimes not even that! For years, the conversation around retirement has been dominated by superannuation balances, investment portfolios, and pension eligibility. But what if I told you that finances are…
The thing about getting into debt is that anyone can do it! The hard part, of course, is getting out of debt. In fact, many people struggle with even admitting they’re in debt in the first place and bounce from one pay to the next struggling to keep their head above financial water. There are…
When we think of entrepreneurs we often think of trailblazers forging ahead on their own, someone who’s doing something different or creating something new. While it’s true that in order to achieve financial freedom you’ll have to rely on your own wits and talents, it’s also true that no one succeeds on their own. If…
One thing I’ve noticed speaking with many property investors is… While on the one hand, a small group has done very well over the last few years, initially spurred on by the recent once-in-a-generation property boom in 2020 – 21 and the strong housing markets of 2023-24 and this was despite the property downturn of…
Have you thought about investing in commercial property? You’re not alone — faced with the prospect of more moderate returns from their residential property investments, many investors are considering this as an alternative. By this, I mean offices, shops or warehouses. Some investors are looking for diversification in their investment portfolios; others are looking for…