There are only two types of people – those who outlive their money and those who don’t. Of course, everyone wants to be in the latter group, but most Australians don’t fall into that category. I found that you need to do the hard things now so that you have an easier life later, however,…
The Albanese government decision to revise the Stage 3 tax cuts has ignited a political firestorm. The government argues revising the plan to give bigger tax cuts to low-and middle-income earners struggling with the cost of living justifies breaking an election promise. The opposition says the changes will make bracket creep worse in the long…
Are you wanting to build a higher level of Wealth, but feel you are being held back? I know many people certainly feel that “if only” they were able to jump a pay grade and achieve a higher salary, it would be so much easier. In my experience, people seem to think that the most…
The topic of financial health is one that many Australians put off for another day. So much so that the number one financial regret of Australians is not prioritising their financial health earlier in life. Most Australians do not have much saved up for a rainy day. More than half of Australians (53%) have $5,000…
Demographics will always drive our property markets and because of their sheer size and stage in the life cycle, no generation will shape Australia more during the coming decade than millennials. According to leading demographer Simon Kuestenmacher, throughout the 2020s this generation of what he calls procrastinators will follow in the footsteps of every generation…
At the start of a new year, forecasters come out of hibernation with all of their predictions for what’s ahead of us. Property investors always want to know what’s going to happen in the future, but when you look at their predictions in the past, their track record leaves much to be desired. Should you…
At the beginning of this year data released by CoreLogic showed that dwelling values across Australia rose by 67.5% over the past ten years to December 2023. And despite forecasts to the contrary, last year’s dwelling values rose by 8.1%, on average, across the nation. Some urban areas did better than others. Dwelling prices and…
When you buy real estate for the first time, you sometimes come across a bunch of unfamiliar terms. What’s conveyancing? What’s a pre-settlement inspection? What’s a trust account? And another term that is probably relatively unusual to new developers or investors is “easement”. So, in this article, we’ll outline what an easement on a…
Where do the wealthy live around the world? Let’s look at the world’s top 20 wealthiest cities ranked by High-Net-Worth Individual (HNWI): # City/Area Country HNWIs (USD 1m+) 10-years HNWI growth Centi-millionaires (USD 100m+) Billionaires (USD 1bn+) 1 New York City USA 340000 40 724 58 2 Tokyo Japan 290300 -5 250 14 3 The…
I have a question for you. Now, this will work best if you grab a piece of paper, and write out your answer. Here’s the question: Why is your money invested the way it is? Before you go on, write down your answer on that paper. I’ve had a blast with this question over…
