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.
Measuring GDP per capita is a common measure of economic wealth on a per-person basis. This article sorts countries according to the latest International Monetary Fund (IMF) projections on GDP per capita for 2023. Currently, this metric is at $13,920 globally in 2023, up from $13,400 in 2022 and $11,160 in 2020, all nominal figures,…
It has long been known that incomes in Australia are more evenly distributed than in the United States. But Australia has been thought to be a less equal society than many European ones, sitting somewhere in the middle between the United States and countries such as France. We can measure income equality using the so-called…
We know there is a rental crisis around Australia at present, and there doesn’t seem to be any easy answers to resolve it. In a national survey by Rent.com.au, over half (55%) of Australian renters express a sense of neglect from the 2023-24 Federal budget, indicating that their concerns have not been adequately addressed. Additionally,…
If you’re still waiting for a friend to pay your back, you’re not alone, according to new research by Finder. This survey of 1,085 respondents revealed 1 in 4 Aussies (24%) – equivalent to 4.8 million people – are owed money by a friend. The research shows gifts (6%), splitting a bill at a restaurant…
In recent years, there has been a growing trend of Australians taking on multiple jobs to make ends meet. Whether it’s to make ends meet, pay off debts, or simply to save for a rainy day, more and more Australians are finding themselves working multiple jobs to achieve their financial goals. In fact, in his…
Do you have pets? Well, you might want to take note of these suburbs that have the highest “no pet policy” ratings, as revealed by a new study. According to this recent study by Suburbtrends, certain suburbs in Australia are particularly challenging for renters with pets to secure rental properties. The study examined rental listings…
One characteristic of self-made millionaires is their ability to focus on one thing for a very long period of time. It may be a dream they are pursuing for five years, ten years or twenty years. It takes a long time to succeed in the realization of your dream. However, for most non-millionaires, when something…
As an investor, it’s crucial to understand the dynamics of property cycles and how they can significantly impact property prices, rental yields, and overall investment returns. Today I’ll be chatting with Brett Warren and at the end of the show I hope you’ll understand the various factors that drive property cycles so you can identify…
Treasurer Jim Chalmers has delivered his second budget with a heavy focus on cost-of-living relief for Australians who are struggling due to persistently high inflation and rising interest rates. While Chalmers says the economy should continue to create jobs and unemployment is expected to remain historically low, inflation remains the top economic concern. Chalmers says…
What are your priorities to consider when moving home? Well, new research by NRMA Insurance has found that Australians relocating prioritise researching local coffee shops and dining options over checking the potential risks of wild weather to their safety and property. The latest edition of the NRMA Insurance Wild Weather Tracker revealed that only 26%…
