As a Mentor, I’ve come across a large number of people in a huge variety of fields who have been very successful. My fascination with the topic of success has led me to study countless more peak performers. One thing I know for sure. Almost every man or woman who rose to power and attained…
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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 postsMillions of Australians are hiding money away in bank accounts unknown to their family or partner, according to new research by Finder. The survey of 1,012 respondents revealed more than 1 in 10 (12%) – equivalent to 2.5 million people – currently have, or have had, a secret savings account. The research found 8% –…
New unemployment figures paint an uncertain picture for borrowers, businesses, and investors, but one key question continues to confound many commentators: Why isn’t our jobless rate higher? For the five years before the pandemic, Australia’s national unemployment rate ranged between 5 and 6 per cent. It spiked to 7.5% in mid-2020 but has been between…
Do you believe in luck? Interestingly many of those who have been unsuccessful in life believe that wealthy successful property investors “got lucky”. You know…they entered the market when prices were cheaper, or finance was easier, or maybe the market did all the hard work for them. I guess that’s because it makes them feel…
In the fifth instalment of this series on property development, I’ll explain in detail how to secure funding for your real estate development project. Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all associated costs of the…
One of the most eye-catching things in the most recent inflation data, aside from the shocking headline number, was the continuous rise in housing costs. Both rents and the cost of new construction are inflating faster than the overall rate. Sure, the pace of growth in construction prices might be slowing down, but they’re still…
The Australian rental market for housing appears to have eased over June 2024 with a rise in the number of vacant rental properties across the nation. The number of rental vacancies rose by 4,845 dwellings to stand at 40,486 vacant rental dwellings, representing a vacancy rate of 1.3%. Sydney recorded a rental vacancy rate of…
Welcome to another Big Picture episode of the Michael Yardney podcast, where I chat with leading financial commentator Pete Wargent. Since our last chat, a lot’s happened, including rising inflation causing embarrassment to the Reserve Bank, with some commentators now speculating interest rates will rise again. As usual, there are clues in the news as…
Which dynamics predict future property performance? Despite the obvious importance of making accurate property market forecasts, the industry is rife with ineffective and even inaccurate prediction methods. So let’s look at the three key dynamics that predict which way prices are likely to move. Experts utilise many different performance theories and metrics to make their…
What jobs in Australia pay really well? Well, the Australian Taxation Office (ATO) has just revealed the highest-paid jobs in the country, and once again, surgeons have claimed the top spot, earning an impressive average of $460,356. According to an article from Yahoo Finance, this figure only accounts for 4,170 workers in the country, but…