The much feared pre-Christmas interest rate rise by the Reserve Bank may be off the table thanks to a sharper-than-expected deceleration of inflation in October, the latest data shows. While today’s monthly CPI result is nearing half of what it was at the peak in December 2022 (8.4 per cent), rises in August and September…
How liveable is Australia? In the 2023 National Liveability Survey Australia scored an Overall Liveability Index (OLI) of 62.6 out of 100. This was consistent with the 2022 result (62.5). The OLI is calculated using two inputs: Community Values = what attributes respondents believe make somewhere a good place to live. Community Experiences = how…
As I’ve mentioned often in my writings and podcasts, self-awareness is a prerequisite to change. If your life is not what you expected it to be and you don’t know why self-awareness holds the key. Self-awareness forces you to discover the truth about yourself. Unfortunately, most avoid thinking about why things are as they are….
Australia is on the cusp of a significant demographic shift. Baby Boomers – born 1946-1965 – who have previously been our largest generation and a driving force in shaping Australia’s economy and society, are reaching retirement age. The latest ABS figures show that 670,000 people intend to retire in the next 5 years, with 220,000…
It’s old news that Australia is currently experiencing a significant shortage of apartments and a corresponding rental crisis. And renters should not expect a reprieve from upward rental pressure anytime soon as the pace of apartment-building has slowed. According to a report by International Agents JLL, the supply pipeline of inner-city apartments has dropped by…
Awesome landlords attract awesome tenants. It’s a simple matter of A + B = C… and while this equation applies in virtually all areas of life, it is remarkably relevant when it comes to managing your investment properties at an optimal level. A brilliant landlord is able to keep hold of tenants for longer periods…
Today’s episode is something a little different but it’s a special one. I recently had the privilege of joining Felicity and Candice from the “Talk Money to Me” podcast and it was a fantastic conversation. Today I’m going to replay that interview for you. In our chat, I dive deep into the current state of…
Life expectancy in Australia has fallen by 0.1 years in the 2020-2022 period, with a boy born today expected to live to 81.2 years and a girl to 85.3 years, according to the latest data released by the Australian Bureau of Statistics (ABS). Beidar Cho, ABS head of demography, said: “Australia has recorded the first…
Have you ever heard the saying “stay in your lane”? Essentially, it means stick to what you’re good at, and it can be applied to lots of things in life. Accountants don’t tend to cut their own hair, teachers don’t service their own cars – so what makes you think you can handle the sale…
There’s a story that Henry Ford was having problems with a generator in one of his plants so he hired General Electric (GE) to fix the problem. The engineer from GE climbed up on the generator and made a chalk mark and told Ford’s people to replace sixteen windings from the field coil. The job…
