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.
Whatever age you are or the point of your career you’re at, it’s important to know how much is in your superannuation. After all, the more you can contribute to your superannuation, the more you will have for retirement. It’s also interesting, then, to see how your superannuation balance compares to others your age and…
If you knew you would die in 10 years, what would you do today? When I read this question on the Internet a short while ago it made me think, because I recently turned 71 and it’s a realistic timeframe for me to consider. Everyone has seen the shorter-term versions of this question, like what…
Australia’s housing crisis has been a topic of intense discussion and concern over the last year. In an ambitious response, the Federal Government, along with the New South Wales and Victorian Governments, have set targets to deliver a substantial number of new dwellings over the next decade. But are these targets feasible considering Australia’s historical…
Properties in some Aussie suburbs are being snapped up at record rates as issues of scarce supply and high demand continue to strain the market. Recent Ray White data reveals that time on the market (how long it takes to sell a property) is still significantly higher in most cities across the country compared to…
2024 looks set to be another year of rising rents, stalling supply and intense debate over how to respond to the housing crisis. Occupying an increasingly prominent place in that debate is the YIMBY movement. Short for “Yes, In My Backyard”, YIMBY is a play on the well-known pejorative NIMBY, which has long been applied…
Does everything happen for a reason? To be honest I’m not sure, but I know that when I changed my outlook on life and started looking for lessons from not only the fun things but also the unpleasant experiences in life, I became a different person. I became more positive and I functioned at my best….
If you’re currently renting, this might sound all too familiar. However, for those who haven’t been part of the rental market for some time, the following revelation might come as a surprise: Over the past quarter-century, there’s been a significant shift in Australia’s rental market demographics. High-income households are increasingly opting to rent, creating a…
You know that old saying: “Success is 90 per cent perspiration and 10 per cent inspiration”? Well, I’d like to modify that equation slightly. I think success is made up of a number of important parts, but at least 50 per cent is good communication. What do I mean by that? In today’s tech age,…
Common wisdom seems to suggest that you should diversify your investments. But is this correct? In my opinion, it is wrong, in fact, I remember reading Napoleon Hill’s great book Think and Grow Rich many years ago where he also said that successful people specialise in one area they don’t diversify. On the other hand,…
The Reserve Bank’s decision to hold the cash rate steady at 4.35% in March wasn’t surprising. Many are betting on a downward trend in interest rates soon, though the exact timing remains a mystery, with some commentators now, believing it will be later in the year, initially hoped for. According to PropTrack’s Senior Economist, Eleanor…
