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.
Since childhood, we are indoctrinated to avoid failure. It’s embedded into our education system. As a child, you experience failure for the first time when you fail a test. The teacher puts a big “F” on your test and immediately you learn that failure is bad. Our education system has been enormously successful in indoctrinating…
By most estimations, data has surpassed oil as the world’s most valuable resource. That’s because, when ethically and consensually sourced, purposefully used and carefully protected, data helps companies better understand their customers. Those insights serve as the basis for increased transparency, greater confidence in decision making and enhanced customer experiences. Domain’s Purpose is to inspire…
Finder’s monthly survey of the nation’s experts found they are predicting another cash rate hold in August following lower-than-expected inflation figures. In this month’s Finder RBA Cash Rate Survey™, 43 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. The majority of panellists (29/43,…
With all the financial changes we’ve encountered in the last 12 months, how do Australian households cope? Well, according to a new report by Compare the Market, 61% of Australian households are only just getting by as prices soar across the board. Interestingly, more than a quarter of Aussie adults (26.3%) admit that their savings…
Over the June quarter, combined capital house prices rose almost four times faster than the previous quarter to produce the steepest gain since late 2021, and have now recouped roughly half of the value lost in the 2022 downturn according to the latest Domain House Price Report All capital cities saw house prices rise over…
In these regular Big Picture podcasts, Pete Wargent and I discuss the macroeconomic factors affecting your economy and our property markets, and a lot has happened since our last show a month ago. As one of Australia’s most respected financial analysts and commentators, Pete brings his invaluable expertise to help us navigate the ever-changing landscape…
The Consumer Price Index (CPI) rose 0.8 per cent in the June 2023 quarter and 6.0 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS). Michelle Marquardt, ABS head of prices statistics, said: “CPI inflation slowed in the June quarter, with the quarterly rise being the lowest since September…
As a property investor have you considered who may be the driver of a property boom or property bust? Have you considered why this may be important to understand? For starters, you don’t want to buy something that could lose significant value. So, it may be beneficial for you to understand the drivers at play…
![[Podcast] Why was RBA Governor Philip Lowe “sacked”? With Dr. Andrew Wilson](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/07/MichaelAndrew-podcast_image-05-270x200.jpg)
There were some significant changes regarding the RBA recently. Philip Lowe’s term as Reserve Bank governor was not renewed which means he’s been effectively sacked as Reserve Bank governor’s current Deputy Governor; Michele Bullock will become Governor starting 18 September. Regular listeners would know that I record a weekly video with Dr. Andrew Wilson, and…
Property repairs and maintenance are a leading cause of argy-bargy between landlords and tenants (and not a lot of fun for the property manager in the middle). Why? Because often the parties are unclear who is responsible for what. Ask landlords, tenants and property managers what is the number one bone of contention at a…
