Australia has long been viewed as home to some of the most liveable cities and most beautiful beaches but now our nation has clinched the 4th spot in a ranking of best countries in the world. Based on global opinion, US News & World Report along with marketing company WPP and the Wharton School of…
The overseas-born population in Australia grew by 155,000 people in 2022, increasing to 29.5 per cent of the nation’s total population, according to the latest data released by the Australian Bureau of Statistics (ABS). Jenny Dobak, ABS head of migration statistics, said: “On 30 June 2022, Australian residents born overseas made up 7.7 million of Australia’s…
When I began my study of the rich and the poor I wanted to know the answer to one question: why are some people rich and other people poor? Five years later and over 350 interviews later, I finished my research. It wasn’t an easy thing to do. I grouped 144 questions into 20 categories…
When it comes to property investment you’ll often hear two conflicting philosophies – invest for capital growth or invest for positive cash flow. We’re now at the beginning of a new property cycle, but it’s likely we’ll be lumbered with relatively high interest rates for a while and it will take another couple of years…
While you are probably here to learn about property investment, finance, or money, today I’ve got something a little different but exciting in store for you. If you’re an entrepreneur, investor, or anyone charting their path towards personal growth and success, this episode is an absolute must-listen. You’ve probably heard the name Seth Godin—a best-selling…
Renters and low-income households are better off today than they were 2 years ago in 2021, even amid high inflation and our worsening rental crisis. The new Reserve Bank governor Michelle Bullock made the claim in her first speech since taking over the job, adding that strong employment and income growth help to shield the…
For the first time in over a year, Victoria is the country’s best-performing economy according to the latest CommSec State of the States report. Strong economic activity, solid retail spending and business investment catapulted Victoria from fifth place in the previous survey (July 2023) to the number one spot today, with the state also recording…
Household savings reached a new high of nearly $1.42 trillion in September, despite increasing living expenses and 12 interest rate hikes by the RBA. New data from APRA reveals that household deposits in banks increased by $11 billion compared to the previous month and by over $99 billion compared to the same time last year….
If you’re serious about achieving something big, it’s important to keep yourself reaching for and moving toward your goal every day. And regardless of how committed you are at the outset, it’s easy to stagnate without clear goals and strategies. Perhaps you’ve realized already that the way you approach your goals no longer works as…
When it comes to investing, there is one asset class that consistently holds a special place in the hearts of most Aussies – residential property. If you were to ask a hundred individuals on the street how they would invest a million dollars, a vast majority would undoubtedly say “property.” While financial reasons for investing…
