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.
Cost of living pressures are acute for some, but in different ways for different types of household. The Australian Bureau of Statistics consumer price index has climbed by 6% per year for each of the past two years. In the decade before that, it only climbed by an average of 1.8% per year. So, on…
Are your renters hiding something from you? Well, according to Finder’s new research, many Aussie renters admit to being less than truthful with their landlords. The survey with 810 renters revealed a quarter (26%) have hidden parts of their lives from their landlord or real estate agent – equivalent to 754,000 people. Have you ever…
Australia presents a mixed picture of national well-being, according to the government’s Measuring What Matters report released by Treasurer Jim Chalmers. On the positive side, over the past two decades, life expectancy has increased, income and job opportunities have improved, and we are better at accepting diversity. But Australians now have more chronic health conditions,…
In today’s Big Picture’ episode with Pete Wargent we take an in-depth look at the complexities of Australia’s housing market, economic trends, the impact of generational wealth transfer, and the ripple effects of various factors on the country’s economy. Whether you’re an investor, a homeowner, or just a curious mind, this monthly deep-dive promises to…
The fixed-rate cliff, a term that has become colloquially known in the Australian financial landscape, is a subject that’s been garnering attention lately. With over $100 billion in fixed-rate mortgages set to expire by the end of the year, it’s time to delve into what lies on the other side of this cliff. The Fixed-Rate…
It’s an age old question. Which generation had it better? The debate over whether older generations faced unfair advantages to purchase property has soured family gatherings throughout the world. The answer is complex. Baby Boomers and Gen Xers faced different hurdles to homeownership, with the Australian cash rate sitting at 17% in 1990 and the…
What resources do you use to make your financial decisions? Surprisingly a third of Aussies turning to social media to help make financial decisions. Households across all corners of Australia are dealing with a financial crisis like no other, and alarming data from Compare the Market’s new Household Budget Barometer reveals that a staggering number…
Aussies who decide to sell off-market get up to $60,000 less for their property, with some states and areas taking the biggest hit to returns. On average, houses sell for 4.3% less off-market nationally while units sell for 1.2% less, a recent PropTrack analysis revealed, which uses the average price difference between off-market property sales…
The Australia of the 2060s will be very different from the one we know today. It will be older, with slower economic growth, a big “care” economy, and an export sector that is radically transformed due to the imperatives of climate change. The Intergenerational Report, released by Treasurer Jim Chalmers, says five main forces will…
Despite regional housing values rising for the past five months, a new analysis of year-on-year performance shows many markets are still reeling from high interest rates and a shift in migration patterns back to pre-COVID levels. CoreLogic’s quarterly Regional Market Update, which examines Australia’s 25 largest non-capital city regions, shows 18 areas recorded an annual…
