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.
Property investors are getting ready to take advantage of our housing markets in 2024. The value of total new investor loan commitments rose 1.9 per cent in November and was 18.0 per cent higher compared to a year ago. The value of new owner-occupier loan commitments for dwellings rose 10.1 per cent through the year…
When you think of entrepreneurs, what images immediately pop up in your mind? Do you see bold, courageous, fearless individuals, confidently moving forward, with little to no doubt that success is just a matter of time? Or, do you see someone swimming in a sea of doubts, uncertain if they will be able to make…
As I’m sure you’re aware, successful property investment involves holding your properties for as long as possible. But sometimes you will have to sell. Maybe it’s because you’ve outgrown your current home – or the opposite when all the kids have left home. Or perhaps, an investment property is underperforming, so you’ve made the wise…
There are two types of experts in the world: real experts, and fake ones. The real experts are the people who spend many years refining their knowledge and skill set in a particular area and becoming masters of pattern recognition. But all too often, they end up toiling away in relative obscurity and poverty, neither…
To start your day off on a good note, here is a bunch of great inspirational quotes from the great Jim Rohn. Have a great day…make it a great day: 1. The ultimate reason for setting goals is to entice you to become the person it takes to achieve them. 3. Don’t join an easy crowd;…
In an interesting twist on rental affordability, recent PropTrack data reveals that renting a house in Melbourne or Hobart is now less expensive than in Adelaide. Adelaide’s house rents have surged by $60 weekly over the past year, now sitting at a median of $560 per week. This represents a 1.8% increase over the last…
Many people face two financial planning challenges. Firstly, their projected super balance may not be enough to fund their desired living expenses in retirement. Secondly, they would like to enjoy the flexibility of being able to reduce working hours (or even retire in full) in their 50s. Often, the solution to these two financial planning…
I’ve got a lot of hard proprietary data on why the rich are rich and why the poor are poor. Some of the research I’ve gathered centres around the decision-making process of self-made millionaires. What I found is that self-made millionaires don’t make rash decisions. They often mull their decisions over, sometimes for weeks or…
As the Australian property market continues to defy expectations, financial analyst Pete Wargent joins me to unravel the complexities of its current landscape. Being the first Big Picture Podcast for the new year, I want to look at the clues in the news for what’s ahead for our economy and our housing markets in 2024….
Australia’s population grew by 2.4 per cent in the year to 30 June 2023, according to the figures released by the Australian Bureau of Statistics (ABS) at the end of last year. On 30 June 2023, our population was 26.6 million people, an increase of 624,100 people over the year. Putting that in perspective it’s…
