Financial stress is affecting us in many different ways. Some people are struggling to pay bills, feed the family, or maintain a place to live. Others are meeting their basic needs but are dipping into their savings for extras. Financial stress is increasing and, understandably, is causing some distress. In recent months, Lifeline has seen…
As Australia’s housing affordability crisis worsens, governments are spending more on housing. Victoria’s Andrews government has announced a suite of reforms (such as boosting social housing and making planning processes faster) in an effort to get 800,000 extra homes in Victoria over the next decade. Federally, the Albanese government’s A$10 billion Housing Australia Future Fund,…
Valuations are an essential aspect of the property investment game, with the potential to either help your portfolio prosper or stop it dead in its tracks. Financing a new purchase or restructuring or refinancing your existing debt are generally the main reasons for a property investor to have their assets valued. Because the result of…
When it comes to selling property, everyone wants the best price for the lowest possible expense. But how open to negotiation is your real estate agent likely to be? In this article, a group of experts reveal the pros and cons of haggling on costs and strategies to do it well. Picture this – you…
Whether you’re a first-time home buyer or property investor, our online calculator allows you to be aware of the costs involved in buying or selling a property before embarking on the lengthy and expensive process. In the meantime, I’ve put together all the information you might need on costs involved in buying and selling a…
Each major Australian capital city is faced with predicted population growth of millions more people within just the next 25 years. In Brisbane it’s over 1.5 million more, Sydney will cop another nearly 4 million, and Melbourne over 3 million more people. Here’s a scary fact: at current rates of cars to people, Brisbane will…
The world of finance is ever-changing, and last year – 2022 – was no exception. The latest UBS Credit Suisse Global Wealth Report reveals some shocking statistics about Australian millionaires, and as someone who’s been watching these trends for years, it’s a revealing snapshot of our financial landscape. A Shrinking Pool of Wealth The UBS…
Building wealth is simple. It doesn’t require luck, genius, or special connections. You don’t have to attend overpriced weekend financial seminars or learn the latest tricks and gimmicks sold by slick marketers. As John Bogle wisely stated: The secret is there are no secrets. The truth behind how to build wealth is public domain knowledge,…
Did you know that on average, there are 250 babies born every minute around the world. This adds up to over 130 million new human beings entering the world every year. Then it’s no surprise that the world’s population, which now stands at a whopping 8 billion, has more than tripled since the mid-20th century. This graphic…
Want to know the big secret of why the rich are rich? Many have studied this topic and written about it. Napoleon Hill wrote about the “16 laws of success” after studying wealthy people for 20 years in his classic book published in 1937, “Think and Grow Rich,” Tom Corley studied the rich and the…
