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.
Are you an entrepreneur? We’re in the golden age of the entrepreneur, and there has never been a better time to start a company or launch a product. After the success of disruptors like Uber and Airbnb, there’s no shortage of people keen to create their own companies that will change the way we work…
Employment increased +55,000 in October, taking employment in Australia a massive +419,000 higher over the past year to a record 14,173,500. The October result was largely a result of part-time employment, however, some of which may have been driven by temporary hiring related to The Voice referendum (which would likely be unwound in November). Still,…
Australia’s housing market upswing has become more widespread, with four in five house and unit markets analysed nationally recording a rise in values over the past three months. CoreLogic’s interactive Mapping the Market tool, updated with data to the end of October 2023, found that 83.1% of house markets and 80.6% of unit markets saw…
No matter how experienced you are, when it comes to buying an investment property it can be tempting to throw caution into the wind and navigate the process on your own. But that would be a catastrophic mistake. Yes, it is true that independent people are often some of the most successful, but there is…
Many people think that in order to be successful they need to be perfect — perfect at business, perfect at the gym, and perfect when socialising with friends. I’m here to tell you that’s not the case, and there’s no need to place that much pressure on yourself. As I’ve written before, determination and persistence are…
A property’s value is typically divided into two components: the land value and the value of any improvements, such as the dwelling. Conventionally, land tends to appreciate over time, while buildings are said to depreciate as they get older and suffer more wear and tear. However, the rise in construction costs poses an interesting question:…
Well…It’s happened again. After keeping interest rates the same for four months, the Reserve Bank hiked interest rates last week, ending a four month reprieve for mortgage holders amid renewed fears that inflation is not falling fast enough. This means rates ar at the highest level since November 2011. So what will this mean for…
Our segregated cities keep rich and poor as far apart as possible according to demographer Bernard Salt. Writing in The Australian a number of years ago, Salt examined the richest and the poorest suburbs in Australia and concluded the poor are being flung to the city’s edges and the bigger the city, the farther the…
What is the difference between ‘wear and tear’ and ‘damage’? It’s a conundrum faced by many landlords, agents, and tenants, but why is it so confusing? Well, it is because there’s a very fine line between the different types of damage. Let us break it down for you… What is wear and tear? Normal wear…
In 5 years of studying rich people, I found they use a daily tool that never occurs to most of us We’ve all heard about to-do lists. The best to-do lists incorporate daily activities that help move you forward in life towards accomplishing your goals. But to-do lists alone will not make you a success….
