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,…
As we get older we get wiser. Well..at least that’s the idea, isn’t it? Here’s a great list I found on Twitter. I wish I was smart enough to have come up with this great list I found on Twitter from Vala Afshar As I got older I realised these 33 things: Lost money can…
Today I want to share some top wealth-creating insights that Brett Warren and I gained at Wealth Retreat. This is Australia’s number one learning and networking event for already successful property investors, businesspeople, and entrepreneurs, which we held on the Gold Coast in April last year. As I spoke to many of the attendees from…
As Australia’s population ticked rolled over to the 27-million mark last week, a milestone we’ve hit a staggering 30 years ahead of schedule, the ramifications for our housing, infrastructure, and urban planning are profound. The Treasury’s Intergenerational Report of 2002 had us pegged at a more modest 23.4 million by now; however, we’re not just…
Do you feel rich? Well, the average Aussie says they’d need to earn a significant amount of money to feel rich, according to new research. A recent Finder’s survey revealed the average Australian wouldn’t consider themselves affluent until they were earning $345,819 per year. That’s almost 5 times greater than the average personal income of…
A few years ago, a friend of mine who happens to be a really well-known journalist had a conversation with a really well-known academic. Because the conversation was private, I’m not mentioning names. But I did want to share one fascinating part of their discussion. They were talking about cognitive biases A cognitive bias is…
Now here’s a question for you – what sort of returns can you expect from your property investments over the next decade? In today’s episode, independent financial advisor Stuart Wemyss provides an insightful exploration into what you can expect in the coming years. Unpacking the Next Decade of Property Investment Returns With a deep dive…
Since the pandemic’s onset, finding a rental in Australia has become as challenging as snagging a seat at the AFL Grand Final. Rental availability has plunged by half, and rents in our capital cities have rocketed by a staggering 33% in just two years. Though the national vacancy rate nudged up slightly to 1.12% in…
According to A well-known study, conducted in 2013 by PEW Charitable Trusts, 70% of those born and raised in poverty, remain poor as adults. And this “cycle of poverty” continues generation after generation. Why? Inferior education, absentee parents, toxic stress, poor nutrition, few, if any mentors and a lack of opportunities are all blights inflicted upon…
There is currently a shortage of properties both for sale and for rent, and this is one of the reasons house prices of kept rising and rents have skyrocketed over the last few years. Sure the government has talked about building 1.2 million homes over the next five years, but remember they’re not going to…