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.
Ever been to an auction where the property sold for hundreds of thousands of dollars above what the agent had quoted? I certainly have and I know many disappointed prospective buyers who have missed out at auction by being misled by agents’ quoted price ranges. Just to make things clear…the practice of underquoting is where…
Many novice investors make a simple mistake when they first start out. And that’s because they don’t understand the difference between their borrowing capacity and their affordability. So I’d like to clear up this issue to help investors manage their cash flow better in the future and to help them on their path to success….
The Reserve Bank sees no “quick fix” for the housing crisis and warns that an imbalance between Australia’s supply of new housing and growth in the nation’s demand for housing is pushing up rents and construction costs and also has implications for economic activity. In a speech on Housing Market Cycles and Fundamentals, RBA assistant…
At the moment, things look awful. The latest Bureau of Statistics count of retail spending (spending online and in shops) released Tuesday shows we spent less in April than in February. The Westpac card tracker, which tracks spending by Westpac customers, shows spending on essentials has fallen 1.6% since April. Spending on non-essentials (what Westpac…
They say the road to success is paved with failures, and speaking from personal experience, I know that’s very true. Here are 5 lessons you’ll have to learn before you can become successful. You might have already learned some the hard way, but you still have the chance to learn the others without necessarily having…
You’ve heard me say it before… your thoughts lead to your feelings, your feeling becomes your actions and your actions become your results. I’ve heard others say it differently… your words become actions, which eventually become your destiny. Similarly, Napoleon Hill, who wrote Think and Grow Rich and became the twentieth-century father of personal success,…
Would you like to learn the property investment secrets of Australia’s richest property investor? Well, today we’ll explore the powerful strategies that fueled Harry Triguboff’s ascent to billionaire status, as we learn seven lessons from the $26 billion man who is regularly number one or number two on Australia’s wealthiest person list. My guest, Tyrone…
The prospect of cash rate cuts in 2024 remains in doubt following higher than expected inflation figures released today from the ABS. The monthly CPI indicator shows annual inflation rose 3.6 per cent in the 12 months to April 2024, the highest annual rate since November of last year and up for the second month…
Building a new home in Victoria just got a whole lot more expensive. Earlier this month, the cost of building a new home jumped by about $25,000 overnight. This spike followed a 35% surge in new home sales across the state in April. Buyers were rushing to beat the new minimum standards under the National…
Australians are having fewer babies, so many fewer that without international migration our population would be on track to decline in just over a decade. In most circumstances, the number of babies per woman that a population needs to sustain itself – the so-called total fertility rate – is 2.1. Australia’s total fertility rate dipped…
