In recent years, we’ve witnessed a dramatic rollercoaster in Australian home prices. Despite the unexpected recovery last year following the downturn induced by interest rate hikes in 2022, the journey has been anything but predictable. According to the latest PropTrack Home Price Index, we saw a marginal increase of 0.02% in home values this January,…
In its most simplistic form, planning is the process of charting a course from where you are today to where you want to go. The first step is to become crystal clear about what I call your current reality, or where you stand now. I used to think that being very clear about your current…
In 50 years’ time Australia will be older, more tech-savvy and work-lifestyle will be more blurred wrote leading demographer Bernard Salt in The Australian. According to Salt, the Australian Bureau of Statistics’ latest 50-year population projections offer a window into what lies ahead. The central projection envisions Australia with a population exceeding 39 million by…
In today’s show, I’ll discuss the complexities of Australia’s housing market with my guest Mike Mortlock, the director of MCG Quantity Surveys. In our conversation today, we spoke about lots of interesting things that will give you some insights into our housing market. In particular, we explore a disturbing “tall poppy syndrome” narrative that’s taken…
Superannuation is one of the most effective wealth creation tools in Australia today. The taxation benefits of voluntary contributions into your superannuation are well-known, as is the ability to access your super funds (via a self-managed super fund) to invest in property. Unfortunately, however, there are simple mistakes that people regularly make which means their…
Why are some people, be they property investors, business people or entrepreneurs, more successful than others? One of the key philosophies of my Mentorship Program is that successful people not only do different things from the average Australian, but they think very differently. So I was interested to find the following list of the habits…
Have you set big goals for yourself in investing or business in 2024? Is financial freedom part of your plan? Today’s show is a continuation of a two-part series where Mark Creedon and I explore 18 Wealth Lessons from Morgan Housel’s great book The Psychology of Money. Housel tells us about the principles of behavioural…
Retail activity has been a defining facet of cities since antiquity. The Greek Agora and Roman Forum may be viewed as the original CBDs – central business districts, or what urban planners call activity centres. Retail spaces have evolved over time. Urbanisation, mass production and the rise of conspicuous consumption led to the high street…
Australia’s population has reached 27 million, more than thirty years ahead of predictions. Australia’s population has increased by 624,100 over the past 12 months, equivalent to adding the population of the entire state of Tasmania (572,800) in just one year. Based on the latest annual growth rate of 2.4%, Australia’s population will be 41 million…
I ski the back-country a lot, so I pay close attention to reports of avalanches. In particular, I pay attention when a skier is caught and killed by one. This year alone there have been 20 avalanche fatalities in the United States. In January, there were nine fatalities in nine days. Very few avalanche accidents…