We often talk about the rising cost of living, but new research shows just how much pressure it’s putting on everyday Australians, so much so that millions are dipping into their own pockets to keep loved ones afloat. According to Finder, more than 7.7 million Australians have given financial help to friends or family in…
For decades, owning a home has been the cornerstone of the great Australian dream. It has symbolised not just financial security, but also stability, belonging, and a pathway to wealth creation. But that dream is slipping away for many Australians. In 1996, nearly three-quarters of Australian households owned their own home. By the 2021 Census,…
I hate to repeat what everyone else is saying, but clearly, we are living in challenging times. Despite all the bad news in the media, with economic problems, geopolitical problems, and cost-of-living pressures, there is also good news out there if you look for it. But there’s no doubt there are still many challenges ahead…
The average individual performs far below their abilities. They do what they have to do to survive; to get by. They avoid taking risks that could disrupt their lives. True success is the byproduct of unleashing your innate abilities; exposing them to the light of day for all to see. But this requires risk. That…
A recent report has claimed that Australia is drifting towards becoming a “homeowners’ welfare state.” It’s a provocative headline, but is it really the full story? Yes, it’s true that tax settings and government policies have long favoured homeownership, but rather than seeing this as a handout, we should recognise it as a deliberate choice…
Today, Simon Kuestenmacher and I discuss a topic that’s at the heart of the “Great Australian Dream”: homeownership. For over a century, owning your own home was not just a rite of passage—it was an expectation. But that dream is slipping further out of reach for millions of Australians, particularly younger generations. We discuss the…
Higher rental costs are reshaping the value proposition of the First Home Guarantee, with new analysis from Cotality comparing the additional cost of time in the rental market and potential LMI costs, with the additional interest cost of a 5% deposit home loan. While the scheme comes with higher interest costs, the savings on rent…
There’s a wave of optimism building in Australia’s property and construction sector and it’s being powered not just by cranes and concrete, but by artificial intelligence. According to the Housing Industry Association (HIA), putting AI to work in planning approvals could be the breakthrough needed to unlock more than 1.2 million homes over the next…
Australia’s rental market is seeing renewed strength as national vacancy rates reach a new record-low, according to Cotality’s latest Quarterly Rental Review. Cotality’s seasonally adjusted Rental Value Index saw national dwelling rents post a 1.4% rise in Q3, its largest three-month increase since June 2024, and a significant uptick from the 1.1% lift recorded in…
The great Australian dream of a house on a quarter-acre block is slowly giving way to something different – courtyards replacing backyards, and townhouses replacing detached homes. New data from the Housing Industry Association (HIA) shows that gentle density – housing like townhouses, terraces, and duplexes – is becoming more common across our cities. HIA’s…
