The latest housing finance data from the Australian Bureau of Statistics paints an interesting picture of the Australian property market. There has been a notable 3.9% decline in new housing loan commitments, following a 4.1% decrease in December. Breaking it down, we see a 4.6% reduction in owner-occupier loans and a 2.6% decrease in investor…
As we all know, the path to success is a long and winding road paved with detours, potholes and the occasional ‘wrong way, go back’ sign. It’s never smooth, and it’s never straightforward. But persist, work hard and learn from your mistakes and you’ll get to the top of the mountain. On your way, you’ll…
In today’s episode of the Michael Yardney podcast, I explore the power of positivity in wealth creation together with Tom Corley, the co-author of my international best-selling book, Rich Habits, Poor Habits. We’ll be dissecting Tom’s blog post “Don’t Let Others Infect You With Their Negativity,” and discussing how a positive mindset is about more…
In September of 2016, my family and I moved from the mountains of Utah to New Zealand. It was hard. Really hard. Like, harder than I expected. I’m not complaining. I’m just stating, that “travel” is not just the beautiful sunsets, gorgeous beaches, and interesting people you see on Instagram. I totally underestimated the cognitive…
It’s often said that successful people sleep less and get up earlier in order to achieve more. In this infographic, HomeArena explores the sleep patterns of 21 top entrepreneurs and executives. Contrary to what you might expect, 54% of them actually sleep at least six hours! I know I do. Source: HomeArena.co.uk ALSO READ: Sleep Your Way to the…
What are you like in the morning? Do you drag yourself out of bed and rely on a few coffees to get going? Do you amble from one task to the next with no clear sense of purpose? Or, like many successful people, do you have a morning routine that ensures you get a jump…
I’ve often said that demographic changes will be more important in shaping our property markets in the medium to long term than the ups and downs of interest rates or the vagaries of our economy, so I am pleased to have leading demographer Simon Kuestenmacher back on the show. Simon is a co-founder of The…
Mulch containing asbestos has now been found at 41 locations in New South Wales, including Sydney parks, schools, hospitals, a supermarket and at least one regional site. Tests are underway at other sites. As a precautionary measure, some parks have been cordoned off and some schools have closed temporarily. Fair Day – a large public…
Australians have a national sport that isn’t played on the field: it’s property talk. Whether it’s dissecting the latest market movements or bemoaning the uphill battle to break into the housing market, it’s a hot topic at every backyard BBQ. But as we look ahead to 2024, the fact is that the housing shortage will…
Apartments have underperformed compared to houses for the past 13 to 14 years in Melbourne and Brisbane and the past 6 years in Sydney. Melbourne has been the weakest market. Over the past 13 years since 2011, the median apartment price in Melbourne has only increased by 2.6% p.a. Interestingly, this matches the inflation rate…