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.
Recent data from the Australian Bureau of Statistics (ABS) reveals a 0.6% rise in the Consumer Price Index (CPI) for the December 2023 quarter, marking the slowest quarterly increase since March 2021. This brings the annual inflation rate down to 4.1% from 7.8% in 2022, hinting at a potential pause in the Reserve Bank of…
Inflation has fallen for the fourth successive quarter. Australia’s annual inflation rate fell to 4.1% in the December quarter of 2023, down from 7.8% in the December quarter of 2022. The new rate is the lowest in two years and the closest in two years to the Reserve Bank’s target band of 2–3%. The decline…
Today I want to share some top wealth-creating insights that Brett Warren and I gained at Wealth Retreat. This is Australia’s number one learning and networking event for already successful property investors, businesspeople, and entrepreneurs, which we held on the Gold Coast in April last year. As I spoke to many of the attendees from…
As Australia’s population ticked rolled over to the 27-million mark last week, a milestone we’ve hit a staggering 30 years ahead of schedule, the ramifications for our housing, infrastructure, and urban planning are profound. The Treasury’s Intergenerational Report of 2002 had us pegged at a more modest 23.4 million by now; however, we’re not just…
Do you feel rich? Well, the average Aussie says they’d need to earn a significant amount of money to feel rich, according to new research. A recent Finder’s survey revealed the average Australian wouldn’t consider themselves affluent until they were earning $345,819 per year. That’s almost 5 times greater than the average personal income of…
A few years ago, a friend of mine who happens to be a really well-known journalist had a conversation with a really well-known academic. Because the conversation was private, I’m not mentioning names. But I did want to share one fascinating part of their discussion. They were talking about cognitive biases A cognitive bias is…
Now here’s a question for you – what sort of returns can you expect from your property investments over the next decade? In today’s episode, independent financial advisor Stuart Wemyss provides an insightful exploration into what you can expect in the coming years. Unpacking the Next Decade of Property Investment Returns With a deep dive…
Since the pandemic’s onset, finding a rental in Australia has become as challenging as snagging a seat at the AFL Grand Final. Rental availability has plunged by half, and rents in our capital cities have rocketed by a staggering 33% in just two years. Though the national vacancy rate nudged up slightly to 1.12% in…
The more you consume, the less content you are. If you don’t believe me, think back to the last time you ate just a bit too much of your favourite ice cream. For me, that’s Jeni’s salty caramel. There are few things in life better than that first spoonful. Except, that is, for the second bite,…
A person on the average annual wage of $73,000 will get a tax cut of more than $1500 a year under Labor’s revamped tax policy – more than double the cut they’d have received under the Coalition’s legislated stage 3 plan. In the government’s dramatic recalibration of stage 3, the proposed tax cut for those…
