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.
2023 has been a year of paradoxes in the Australian property market. Defying predictions and economic indicators, house prices not only resisted the expected downturn but escalated to new heights. This phenomenon left many market observers puzzled, sparking a crucial question: How did property prices manage to climb amidst a backdrop of rising interest rates…
The Australian government is aiming to rein in the growth of international students in its new migration policy, released on Monday. This is in response to record levels of international students entering the country once COVID-related border closures were lifted. Current and former international students living in Australia already number 860,000 and are hurtling towards…
Have you considered investing with family members? As they say… Blood is thicker than water, but sadly, bad business can break families apart overnight. Co-investing with family is no exception. It has the power to thrive or the power to destroy – and the key is all in the foundation you start from. Common family…
Australians sure do like those brekkies, barbies and mozzies. We’re not talking about “actual” mozzies here. We’re defo (definitely) talking about words — and Aussies can’t seem to get enough of these shortened words. Some say we’re lazy for clipping them. Others claim it’s just Aussies knocking words down to size — ta, we’ll have…
What’s ahead for our property markets in 2024? That’s what I will be discussing today with Dr. Nicola Powell, Domain’s Chief of Research and Economics. 2023 will go down in history as the year that a new property cycle began as our markets defied high-interest rates and all the predictions from the property pessimists. But…
It’s time that we all stopped talking about mortgage stress. It’s been a hot topic over the last year and a half, following a spate of interest rate hikes by the Reserve Bank propelling mortgage rates to heights unseen since late 2011. There’s no denying that some first-time homeowners who capitalized on record-low interest rates…
I received these two messages within three minutes of each other recently: Several years back I used to mine Bitcoin, and then I sold most of them off for a down payment for our house. I had 400 BTC at one point, which would be worth $14 million today. Needless to say, I am really…
On Monday, the federal government announced plans to fix Australia’s “broken migration system” and to “bring migration back to sustainable, normal levels”. Its long-awaited migration strategy aims “to build a migration system that earns the trust and confidence of our citizens”, or what the government calls, “rebuilding the social licence”. The government says these changes…
If you’re on the hunt for “happily ever after,” dreaming of you and your new love in a fairytale kiss with a sunset backdrop, budgeting is probably the last thing on your mind — but it shouldn’t be. Money is an essential part of your lives as a couple, and can actually make or break…
Today, I am joined by Mark Creedon, a business coach and mentor to some of Australia’s leading business people and CEO of the Metropole Property Group. Today, our discussion is centred around a fascinating list shared by Vala Afshar on Twitter – a collection of insights that reflect the wisdom one hopes to accumulate with…
