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.
Australian consumers are currently facing a challenging environment due to high inflation. According to this report from Westpac, the Reserve Bank of Australia (RBA) intent to bring inflation back to the target range of two to three per cent, is putting significant pressure on Australian households. Westpac expect the RBA to deliver two more rate…
My mentor, when I was 25 years old, dropped a phrase on me that changed my life forever when he said; “Profits are better than wages. Wages will make you a living, profits can make you a fortune.” You know it is a bit difficult to get rich on wages, but anybody can get rich…
The Australian property market hasn’t taken the big, prolonged plunge that the pessimists forecast. In fact, the most recent PropTrack Home Price Index indicates that the ongoing price rebound carried on through May, and we’re seeing prices go up in more places than before. Home prices across the country have been going up for the…
We all know that we have a housing supply crisis and that the answer is to build more apartments. But my guest today Ross Elliott, who is a respected voice in urban economics, is going to challenge some of our preconceived notions about the housing market. He doesn’t deny there are problems with housing, but…
It’s halfway through 2023, and with concerns about rising interest rates and talk about a recession, one question many are asking is: What’s ahead for the Australian property market? Interestingly, according to the Domain Forecast Report, Australia’s housing market will be in a well-established, steady recovery over the coming financial year, with select capital cities…
It’s a simple question a lot of landlords ask. But the answer is a bit more complex. Read on to find out why. Landlord insurance is all about protecting owners from the unique risks they face when leasing their investment property. In general, the insurance can cover the property itself and/or its contents from a…
One of the things that stood out from my Rich Habits Study was how important thinking was to self-made millionaires. I tracked 10 different types of thinking habits these millionaires engaged infrequently, if not daily. From my research, it was so evident that thinking was fundamental to their success that I decided it needed to…
With the end of the financial year coming up soon, I thought I would provide some general tax strategies for property investors to consider: 1. Documentation Keep summaries of all your rental income and expenses. This is much easier if you have your property manager looking after your property where they pay all expenses and collect all…
The Australian Taxation Office is ramping up its efforts to recoup an estimated $9 billion revenue deficit, and they’re pulling out all the stops. Innovative strategies? Check. New alliances with asset managers and banks? Check. Advanced technologies to scrutinize investment loans and asset sales? Double check. If you’re an investor in Australian property, this is…
An undersupply of rental accommodation and an increase in renters is deteriorating affordability, a new report from ANZ and CoreLogic has found. The ANZ CoreLogic Housing Affordability Report: reflections on the pandemic and the rental market unpacks the state of affordability in the Australian rental market and looks at the many ways in which the…
