These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail – as is every word uttered at her press conference after each Reserve Bank board meeting. Desperate for signals about what the bank will do next, market economists examine every comma, and every adjective, for…
Today’s episode will not be a property episode, but it will definitely relate to property and building your wealth over time. Becoming financially fluent would be the best gift you can give yourself. The challenge is who do you listen to? Who do you get advice from? That’s why, in my daily Property Update we…
What’s ahead for property in the new financial year? Well, Australian home prices are forecasted to rise again over the next 12 months, although the pace of house price growth is expected to be slower compared to the last 2 years, according to Domain’s FY 25 Price Forecast Report. However, there will be a marginal…
When it comes to offering opinions on the state of Australia’s housing market, many commentators like to compare cities with cities. It might be a case of “Brisbane rising quickly” while “Perth takes a breather” or “Melbourne’s housing market remains flat”. The comments are applied to each city in its entirety, rather than checking what’s…
As the end of the financial year approaches, there are a few changes on the horizon for Australians. These changes along with some data will impact people and how they are struggling, according to Finder. Key changes Stage 3 tax cuts The Australian government has announced changes to the proposed stage 3 cuts, planned to…
So much of our life these days is scheduled around work, kids, family commitments and general life admin. Many of the hard-working readers of this blog know exactly what I mean. You devote so much time to working to get ahead and being financially free that it leaves very little time to just ‘be’. And…
No one ever sets up a business with the intention to fail. Rather, entrepreneurial types are motivated by a multitude of factors such as personal drive and ambition or a desire to work for themselves or to create a particular product or service. Sometimes it’s as simple as wanting to be in charge of our…
Approaching any starting line can be daunting, and adulthood can be full of new beginnings. Finding a job, buying a car, marriage, buying a first house, kids, buying a forever house, college, finding a new job, retirement. Then, of course, life happens along the way. Taking it day by day can be tedious, whereas eying…
I’ve often said that property investment is a game of finance with some houses thrown in the middle. But currently, more and more investors and homeowners are having difficulty getting finance, so what should you do? What type of finance strategy should you have to make yourself more attractive to the banks and why can…
Governments are using private investors as scapegoats for a shocking underinvestment in social housing while raking in tens of billions of dollars in property taxes each year, according to the Property Investment Professionals of Australia (PIPA). Right now, about 175,000 households are on waiting lists for public or community housing across Australia, up by 20,000…
