The highs and lows of Australia’s property market were a hot topic even before the pandemic-induced price boom of 2020-2021. And with so much talk about extravagant surges in both the number and value of property sales, talk also turned to how much money some of these ‘lucky’ property investors managed to make. After all,…
Australia’s economy has historically been tied closely with Asia, and given the emergence of Asia’s middle class, we have a unique opportunity to seize. It’s a relationship of mutual needs — we offer what Asia requires, be it natural resources, agricultural goods, or tourism and education services and Australia has benefited economically. In a recent…
Those struggling with poverty share some common traits. I call them Poor Habits. I’ve written extensively about these Poor Habits. But, Poor Habits alone only tell part of the story. There are certain Pillars of Poverty that make poverty possible. Some are self-imposed, others external. In their order of relevance, below are the Pillars of…
Welcome to this month’s Big Picture episode of the Michael Yardney Podcast, where financial analyst Pete Wargent and I dissect the macroeconomic factors currently shaping our housing markets and the broader economy. Today we cover a broad spectrum of topics from the effects of policies and taxes on the real estate market to the state…
Getting into a tizz about who is responsible for what at a rental property is a headache no one needs – and one many landlords and tenants experience. Misunderstandings about responsibilities for tasks around the property – from gardening to appliance repairs – are commonplace. If you’re wondering why a landlord insurance provider is talking…
Australia’s property market is suffering from a chronic supply shortage, with high mortgage costs and a worsening rental crisis further tightening the market. But there is one solution to Australia’s chronic housing shortage: Downsizers. In fact, new data by financial services company Downsizer.com, reveals that there are some suburbs in each major city where the…
How are our housing markets going to finish the year? To many people’s surprise, despite higher mortgage rates and generally poor market sentiment, our property markets have performed well this year. After a rocky 2022, many “experts” anticipated home prices to drop further this year, but in early 2023 the market reset and prices have gone…
The dreaded “Not In My Backyard” reaction of homeowners who have the temerity to object to neighbourhood changes they never voted for (or were even asked about) is reaching plague proportions if you believe what some urban designers and planners are saying. This scourge of the NIMBY is threatening the progressive development of cities, they’ll…
What does Australia’s surging population mean for our housing markets? It’s old news now…Australia is experiencing a population boom due to increased migration. But this is creating a serious problem…With very few available homes and rising costs, can we accommodate everyone? According to the Australian Bureau of Statistics (ABS), in 2022 the population grew by…
We’re living in a world where words often fail us, where what’s unspoken sometimes matters more than what’s said. In the intricate dance of business and negotiation, understanding body language can be an exceptional advantage. It can help you read situations accurately, handle conflicts effectively, and build genuine relationships. My guest today is Allan Pease,…
