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.
Latest posts
How are your money habits? Have you become more cautious with your money this year? A new survey from RateCity.com.au has revealed 42 per cent of Australians believe COVID-19 has made them more proactive about how they manage their money. I’m surprised this figure isn’t higher! However, young Australians in particular are taking the bull…
Most of us do as we are told. This habit forms early in life. Our parents, for our own good, make us do things we don’t want to do: wake up early for school, eat broccoli, do homework, house chores, etc. Doing what we are told is conditioned into us from the very beginning. But…
So here we go again, the talk of more interest rate cuts. Well who thinks cutting interest rates from 0.25% to 0.1% or even zero will have an impact on our economy? Exactly, it will have no net benefit to hundreds of thousands of Australians with a mortgage as we deal with the current and…
In May, the CBA released its bearish ‘worst case’ forecast for the property market. It predicted a 32% drop in prices! At the time I outlined why I thought that was rubbish and prices would not fall by more than 10%. To date, according to various data sources, property values have not slipped by much more than 2% to 3%, which…
More Australian millennials are expected to break into the property market in the next few years, taking advantage of a sector hampered by the coronavirus crisis, a recent ING homeownership report has revealed. But according to the study, these savvy millennials are more interested in owning a home than buying an investment property as current economic…
![How to Hack the Power of Habits [INFOGRAPHIC]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/habits-270x200.jpg "Where do you sit on the Wealth Pyramid?")
We’ve all adopted daily habits that save us time and help us manage our schedules. You may arrive at work every morning by 7 a.m. and with the same to-go latte, then plan your team meetings for early afternoon. These are things you do as a routine and you don’t have to spend any brainpower…
The past few weeks have shown signs of a positive turn in the housing market. There has been a strong rebound in consumer sentiment, and outside of Melbourne, auction clearance rates and volumes are rising. More recently, CoreLogic listings data has shown that in some cities, vendors are also more willing to test the market…
Recently success coach and best selling author Robin Sharma shared 20 of his quotes for getting bold dreams and bright goals done. They came from his books, blogs and tweets. Here they are: 1. Dream Big. Start small. Act now. 2. Victims make excuses. Leaders deliver results. 4. Education is inoculation against disruption. 5. A problem…
If you’re anywhere near my age (I’m going to be 50 very soon), you know you need to be investing a sizeable portion of your income. Not should be. Need to be. There are plenty of reasons for this, not least of which is the uncertainty around how much money you’ll need when you’re done working. But there’s another…
The shutdowns created by Coronavirus have caused Australia to fall into recession. And while there are green shoots appearing, there are plenty of unknowns ahead. Leading research house Roy Morgan recently discussed what the key indicators tell us about the economic story for 2020 so far and what’s ahead. Here is what those measures show…
