Whether or not you personally give any weight to superstitions, it may pay to consider them if you are buying or selling a property. Generally speaking, westerners are not overly superstitious and males less so than females, but we do live in a multicultural society. Many immigrants bring their traditions and superstitions with them and…
Australia claims the title as the most popular destination in the world for high net worth individuals (HNWI) with more than $1.47 million (US$1 million) to invest. A new report shows 3,800 HNWIs moved to Australia in 2022, representing the biggest influx of any country worldwide. And the figures are set to be higher still…
There’s no right or wrong way to bring up your kids. I bet you’ve looked at some of your friend’s children and considered them spoilt brats. Well, research by Roy Morgan found children who have all the toys they want are more likely to grow up to want money, not happiness. The New Daily report…
There’s a lot of noise about building in the pipeline, and dwellings ‘under construction’, but of course many projects have been stalled, mothballed, or delayed, and every day there’s a news story about another developer or building firm facing insolvency (three more in the past two days). Overall, residential building activity, as measured in volume…
The pendulum is swinging in favour of tenants! The New South Wales government has appointed its first rental commissioner, Trina Jones, in an effort to “rebalance” the market and protect the rights of renters. Jones, the former chief executive of Homelessness Australia, is said to have a wealth of experience in the housing sector, and…
In all the debate about Australia’s housing crisis, the impact of transport has been largely overlooked. When we talk about transport, it’s usually about time spent commuting and not the out-of-pocket costs. While housing is typically the biggest household cost, spending on transport is the second or third-largest cost – and these costs are inextricably…
It is often suggested that it’s a lot more difficult for people to buy their first property compared to many decades ago. It is true that property is a lot more expensive. However, I would like to suggest that in many respects, buying a property today is easier than it was many decades ago. I…
Mike Mortlock joins the show today, and he and I will explore the patterns and trends of property investments – how far away from home do people really invest? We’ll also look at what the latest data from the Australian Tax Office tell us about the landscape of property ownership. If you’ve ever wondered about…
Have we reached the peak affordable housing debate in Australia? Or is it a case of that old mountaineering saying: the fog is thickest just before the summit? As someone who has been involved in building innovation for the past decade, what strikes me about the current debate is not its height, but its flatness….
Did you know that the amount of money you need to be in the top 1% of wealthiest people in Australia has doubled over the past two years? Well, the latest The Wealth Report of Knight Frank Research revealed that in Australia, the entry point to the top 1% is US$5.5 million, up from US$2.8…
