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.
Rapidly rising interest rates have seen Aussie property investors forced to fork out tens of billions of dollars in extra mortgage repayments, new analysis has revealed. Property Investment Professionals of Australia (PIPA) calculations show the characterisation of landlords as greedy by some politicians are way off the mark. Based on figures and assuming averages, property…
Ella never knew when her credit card was going to be declined. It happened when she was shopping for groceries with her kids, or refuelling the car. That’s when she would discover her partner had cancelled the card or lowered the limit so she couldn’t buy essentials. Again. Ella* (not her real name) is one…
I’m sure you’ve heard of the “fixed rate cliff” – a term used to describe the expiry of a significantly larger than average number of fixed-term loan facilities, which were secured between mid-2020 and mid-2022. CoreLogic published a note outlining what we knew about the so-called ‘fixed-rate cliff’ in February this year. It was a forward…
I believe demographics are going to drive our property markets moving forward and that demographic changes, how many of us there are, how we want to live, and where we want to live are going to be more important over the long term than the short-term fluctuations caused by rising interest rates or government interference….
If you’re like most Australians, you have at least one credit card and one debit card in your wallet or on your smartphone. They may look alike – pieces of plastic with 16 numbers across them, expiration date, and a PIN code; but that’s where the similarity ends. Actually, they’re very different beasts. So how…
![Understand the extraordinary power of compound interest [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/11/AdobeStock_63769691-270x200.jpeg)
Have you ever wished that you had more money, without all the fuss and effort? Maybe you’re concerned you won’t have enough saved for retirement. Fortunately, there’s actually a simple way to accomplish those things if you’re willing to learn how to put your money to work for you. It’s called compound interest, and it can help…
There is a dire shortage of rental properties around Australia, meaning we have historically low vacancy rates and skyrocketing rents. The rental landscape in Australia is experiencing unprecedented challenges, but in a recent article in The Australian, Robert Gottliebsen offered four radical ideas to solve our rental crisis. Gottliebsen explained that an intricate weave of…
Like baking a soufflé, successful property investing requires three important elements: a well-proven recipe, good ingredients and technique. Successful property investors know only too well that shortcuts or lack of research are sure to cause financial distress. They also know that given the level of expertise and knowledge required to make the right decision it…
In recent months, the issue of rent control in Australia has been at the centre of intense scrutiny. The Victorian Government has sparked debate across the nation by indicating that it is considering both restricting the range of a rental increase and limiting rent increases to once every two years. The implications of these moves…
A policy that caps residential rents was always going to get headlines for politicians. Any suggestion to keep the cost-of-living down – now, will sound like a good idea in the current environment. But according to the REIV rent freezes and caps are a naive view of the wider economy. And I agree. Rising rents…
