Success breeds success, right? It’s true that successful people get that way through a combination of hard work, positivity, and sometimes a little luck. But many successful people – especially the ultra-successful ones – also have powerful beliefs to help guide their journey to the top. The secret is they understand that success is an…
If there’s one thing property investors learn over time, it’s that no two cycles are ever the same. The past decade has reminded us of this lesson again and again. Since 2015, Australia has been through three major interest rate cutting cycles. Each of these has played out very differently, with entirely different market segments…
Each one of the 233 millionaires in my five-year study of rich and poor people was lucky. Fifty-six (24%) were born into it and 177 (76%) created it. The type of luck those 24% received was random good luck. The type of luck those 76% received was self-made. Luck, whether random or self-made, is a common…
In today’s show, Ken Raiss and I discuss the evolving landscape of retirement planning, emphasising that retirement is not an end but a new chapter that requires strategic investment and financial planning. We look at what it means to keep your money working in retirement, how property investors should adjust — not stop — their…
Australia’s prestige property markets are revealing a surprising opportunity for strategic buyers – not inside the elite strongholds, but just beyond their borders. Ray White Chief Economist Nerida Conisbee’s latest analysis introduces the concept of “fortress suburbs” – coveted enclaves like Mosman and Toorak that resist the usual spillover effect seen in property markets. These…
Australia’s capital cities have reclaimed the growth lead from the regions for the first time in nine months, with data from the latest Cotality Regional Market Update showing metro values are rising at a faster pace than their regional counterparts. Over the three months to July, the Cotality capital city Home Value Index rose 1.8%,…
In 1966, homeownership in Australia hit “peak home ownership” as 73 per cent of dwellings were owned outright or with a mortgage. That figure has been drifting downward ever since, sitting at 66–67 per cent in recent years, and just 63 per cent at the 2021 Census if you count occupied dwellings only. On the…
When it’s time to start looking for your next property purchase, you’ll come across a lot of jargon you might not have heard before. Saving for a deposit or house hunting is time-consuming enough, so when it comes to deciphering some of the real estate market code and industry lingo you could probably do with…
In today’s show Simon Kuestenmacher and I discuss the significant shift of millennials from urban living to suburban areas. We highlight how millennials are reshaping suburban culture while still valuing aspects of their urban lifestyles. This is a generation that once embraced city skylines, inner-city cafes, and the hustle of urban living, but is now…
First home buyers in Sydney, Melbourne and Brisbane are set to benefit from a major shake-up to federal housing policy, with expanded access to the 5% deposit scheme arriving three months ahead of schedule. From October, the federal government’s expanded First Home Buyer Guarantee will kick in, allowing eligible buyers to purchase a property with…
