Don’t expect a rate cut any time soon. The latest CPI figures have put a pin in that. The monthly Consumer Price Index (CPI) indicator rose 3.0% in August, up from 2.8% in the previous month, to the highest level since July 2024. This figure suggests there is meaningfully more inflation pressure in the domestic…
Relationships are much more complicated these days, aren’t they? It’s common for couples to purchase a property before they have walked down the aisle or even lived together, which raises the question of who gets the house if they break up? It’s surprising more couples don’t give this a second thought. They assume they’ll be…
Have you ever wondered what the most common major problems are in life? I have. I spent the past 12 years studying the rich and the poor (Rich Habits Study) and found that there were 12 frequent big problems almost everyone has to contend with: Health Problems Financial Problems Family Problems Neighbour Problems Home Ownership…
It’s no secret that education for their children is a top priority for many Australian families. But what’s becoming increasingly clear, especially here in Melbourne, is just how much that priority is translating into cold, hard property premiums. In fact, the latest report from the Real Estate Institute of Victoria (REIV) reveals something most of…
Any day we wish; we can discipline ourselves to change it all. Any day we wish; we can open the book that will open our mind to new knowledge. Any day we wish; we can start a new activity. Any day we wish; we can start the process of life change. We can do it…
In today’s podcast, we are going to do something a little different. You see, one of the common questions I get asked is, “Michael, what’s your net worth?” It’s a question people are curious about—and I get why. However, rather than simply providing you with a number, I want to take you behind the scenes…
For years, Australians have been asking themselves why saving for a home feels harder than ever. While soaring property prices grab most of the headlines, there’s another culprit that doesn’t get nearly enough attention: wages. A new report by Per Capita titled The Lost Decade has revealed just how much low wage growth has held…
Most people don’t like to talk about money – they don’t like to talk about it with their spouses. They don’t like to talk about it with their kids and they don’t like to talk about it with their friends. Why is that? There are two driving factors that make money a taboo topic: #1…
What if logic wasn’t the key to winning arguments? What if presenting undeniable facts only made people cling tighter to their beliefs? And what if this wasn’t just about others, but about you too? It feels counterintuitive, doesn’t it? Yet this explains why so many property investors ignore market data that could secure their financial…
There is a lot of noise being bantered about regarding property investment of late. No surprises here given the recent federal election result, the tightness of the countries rental market and changes to property investment taxation potentially coming our way, thanks to the Labor Party, Greens and a weak opposition. I don’t want to join…
