For a Budget that made housing one of its central focuses, the federal government has three big ‘misses’ in the plans laid out on Tuesday night. Our Budget analysis considers what could be done more efficiently in the approach to Commonwealth Rental Assistance (CRA), construction, and use of existing supply. What did the Budget get…
Receiving an inheritance can be a life-changing event, but also one filled with heightened emotions and uncertainty about the implications on your financial future. While receiving a lump sum of money can be a great opportunity to strengthen your finances, the sudden increase in your wealth also requires some careful consideration and planning. So, whether…
Despite a challenging interest rate environment, our housing markets continue to experience significant home price growth, driven by a robust demand that outstrips supply. This is even in the face of affordability constraints which would typically slow market activity. A key factor behind this trend is the surge in the working-age adult population, bolstered by…
Despite their diverse origins, Australians born overseas often bring unique perspectives and experiences to the table, shaping a rich tapestry of cultural insights within the country. Here are 11 interesting facts about Australians born overseas that might surprise you, according to ABS’s latest data: Australia’s population included 8.2 million people who were born overseas as…
Have you noticed how some people seem to rise to the top of their chosen field, or journey even higher up the property ladder, while others consistently achieve the same “average” results? In the 1990s, management guru Dr Stephen Covey explained what he believed to be the defining characteristics that distinguish “highly effective people” in…
I’ve had conversations with plenty of discouraged folks who are in their 50s (or even older) and they’re wondering how they’re going to survive in their retirement. They start to question if it’s too late to invest in property. Is there ever a time when you’re just too old? In general, my response would be…
During your career as an investor, you’ll no doubt read at least a few books from various experts who’ve all created wealth through a proactive property investment strategy. One of the names you’ve probably come across is Robert Kiyosaki, celebrated author of the Rich Dad, Poor Dad series that’s inspired and assisted many an investor…
What will life be like in 10 years? Strategic property investors think in 10-year time frames, they don’t worry about what’s going to happen to interest rates or the economy in the next six weeks or the next six months. In my mind, 10 years is a short term and the successful investors I know…
The Housing Industry Association (HIA), has highlighted a significant challenge in meeting the Australian Government’s ambitious goal to construct 1.2 million homes over the next five years. According to HIA’s latest Economic and Industry Outlook report, the rate of apartment construction needs to double from current levels. However, capacity constraints are expected to keep apartment…
Some of the biggest mansions in Australia are fetching record prices as it becomes clear that demand for luxurious homes in Australia is far outpacing supply. And it’s not surprising given that the number of ultra high net worth (UHNW) individuals in Australia is surging, with many of the world’s richest drawn in by our…