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.
No matter how successful one is, everyone needs a little motivation from others – even Richard Branson. To find his inspiration for happiness, Richard Branson reflects on these quotes from some of the world’s most inspirational people. I hope you find them just as inspiring: 1. “Happiness is not a goal… it’s a by-product of…
The latest ABS Lending Indicators data reveals a surprising shift in December, marking an end to the recent growth spurt in new housing loans. A noteworthy decline of 4.1%, down to $26.27 billion, breaks the consecutive five-month growth streak. The most significant drop was observed in the owner-occupied segment, with new loan commitments plummeting by…
You’re never too old for anything in this life. Well at least that’s my motto – but how do banks, lenders, and the property industry at large regard older investors? Many people come to me asking if they’re too old to invest in property, fearing they’ve missed the boat and will no longer have the…
When most think of wealth, they think about money. The thinking goes, the more money you have, the wealthier you are. But wealth is about much more than money. True wealth is measured by how much freedom that money buys and how much fulfillment you have in your life. Money can buy you freedom, permitting…
Successful investors learn as much from their mistakes as they do from their successes, whereas the average Australian seems to make the same financial errors over and over again, and wonders why things don’t change. To help place you in that successful group, let’s have a look at nine of the most common financial mistakes…
In November 2016, the journal BMC Public Health published a study conducted in Finland over an eleven-year period. The study included 2,267 men and women. 121 of those men and women, who were identified as more pessimistic than the rest of the group, had died of coronary heart disease during the study’s eleven-year period. The…
What’s really happening with mortgage stress? Remember all those predictions of a mortgage cliff and lots of distressed selling? There is no doubt that rising interest rates and inflation have created a substantial squeeze on households with mortgages, nudging many to recalibrate their budgets. Yet despite rising interest rates over the last couple of years,…
Recent data from the Australian Bureau of Statistics (ABS) reveals a 0.6% rise in the Consumer Price Index (CPI) for the December 2023 quarter, marking the slowest quarterly increase since March 2021. This brings the annual inflation rate down to 4.1% from 7.8% in 2022, hinting at a potential pause in the Reserve Bank of…
Inflation has fallen for the fourth successive quarter. Australia’s annual inflation rate fell to 4.1% in the December quarter of 2023, down from 7.8% in the December quarter of 2022. The new rate is the lowest in two years and the closest in two years to the Reserve Bank’s target band of 2–3%. The decline…
CPI results for the December quarter showed inflation has fallen once again, from 5.4% in September to 4.1%. This marks the fourth consecutive quarter where inflation has declined on an annual basis, and the December result is below the 4.5% forecast made by the RBA last November. Falling inflation reflects softer demand in the economy,…
