What’s the Australian housing market likely to do in fiscal 26? And are we staring down the barrel of a recession? I get asked about the R word a lot these days. Increasingly so. So, let’s tackle both, because the two are more intertwined than most think. The recession question First things first. Are we…
Have you ever looked at the AFR Rich List or reports on the richest people in the world and wondered what they were doing that you’re not? Well…they’re probably doing things very differently from you according to my good friend and best-selling author Tom Corley who conducted a five-year study of 233 wealthy people and 128…
Today’s rate decision marks the third cut in what was always expected to be a cautious and gradual easing path. This decision follows a surprise ‘hold’ from the Reserve Bank of Australia (RBA) in July, where the board adopted a ‘wait and see’ approach regarding inflation and job markets. Since the July meeting, core inflation has…
They say hindsight is 20:20 – and that is certainly true when it comes to property investing. Most of us start out without much knowledge behind us and only realise we are making mistakes when it’s too late to do much about them. Here’s a list of seven things I wish I’d known when I…
There’s a lot of noise out there right now — the media, politicians, and even Sunday BBQ conversations seem to revolve around one central villain: the property investor. Apparently, we’re to blame for housing unaffordability, rising rents, and locking young people out of the market. But is that really fair? Because when you scratch below…
The strength of Australia’s economy is due to its small and medium businesses. In fact, there are more than two million of them in Australia, who collectively employ a huge number of people. So, clearly, their importance to the overall health of our national economy cannot be overstated. However, one of the issues that small…
In property investing circles it’s often said that you make the money on the deal when you buy. Most people think this means that if you buy a property “under market value”, then it’s considered that you made a profit on to the way into the deal, keeping you one step ahead of the game. Now…
Have you ever noticed how some people seem to build wealth effortlessly while others constantly struggle, even with higher incomes? It’s not always about how much you earn, but how well you understand money. And the truth is, many of the principles that lead to lasting financial success are simple, but far from easy. Morgan…
House prices continued to rise across Australia in June, recent data shows. Nationally, prices have risen about 38% in the past five years. Higher housing prices are simply one contributor, albeit a very important one, to the cost of living crisis that Australian households face. Energy prices are another. Those higher costs of living and…
Bill Gates delivered a powerful and personal commencement speech at Northern Arizona University—a graduation ceremony he never had for himself, having famously dropped out of Harvard to start Microsoft. Reflecting on what he wished someone had told him when he was younger, Gates offered five insightful pieces of advice to the graduating class—lessons that go…
