Australia’s total credit card bill attracting interest charges has dropped for the second time in nine months to a total of $17.73 billion. This is despite the fact the number of credit card accounts rose for the ninth month in a row, to a total of 12.6 million, according to new RBA data released today….
Wesptac Bank has recently upgraded its forecast for our housing market. Westpac now expects prices to rise 7% nationally in 2023 but the pace is expected to slow in 2024 as affordability becomes extremely stretched. Now that’s a turnaround because in April this year Westpac had forecast prices to track flat overall nationally this year, followed…
Today wealth-creation expert Tom Corley joins me to share valuable insights into the habits and strategies that distinguish wealthy people. We’ll debunk common misconceptions about the rich, such as they don’t pay their fair share of taxes or they are uncharitable. We’re going to dive deep into his findings about these seven common money myths…
In this article, I talk about the current state of Australia’s housing market, examining past and projected population growth, housing demand, and the supply of new dwellings. Four tables provide a comprehensive overview of the data, shedding light on the significant challenges and imbalances within the housing sector. Population growth and projections Annual population growth…
Buying an investment property can be both an exciting and stressful time. Ultimately, choosing the right investment property comes down to your investment plan, but also knowing how much you can afford and understanding what is available to buy. This is especially the case at a time when property stock is low and prices, although…
Your daily habits are the reason you are rich, poor or stuck in the middle class. They are the reason you live in the house of your dreams or a shack. Forty per cent of all of your daily activities are habits. This means 40% of the time you’re on autopilot, every day. Habits save…
As a completely independent advisor, I have no vested interest in how my clients invest. Whether they invest in property, shares, or any other asset class makes no difference to my life. Of course, I want them to invest in assets that are most appropriate for them and assets that provide the highest returns without…
Global markets are actively exploring how to repurpose now empty office buildings, as the post covid impacts of work-from-home and distributed employment take their rising toll. Typically, it is the older-style office buildings that are most affected. Owners of premium office property compete more aggressively for premium, large-scale tenants who still want the high-performance CBD…
Are real estate agents honest, do they bend the truth or are they just trying to do the job without being sued? Have you ever wondered why real estate agents have consistently had a bad reputation? In my experience of working with many different real estate agents, I have come across the good the bad…
Yes we have a housing shortage. And no, there is no easy answer in sight. But increasing taxes will only hurt housing supply. The point was made well by Mike Zorbas, chief executive of Property Australia. In a recent article Mr Zorbas said… The CFMMEU and the Greens are right about one thing. More housing…
