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.
New research by Finder suggests that Australian couples are accelerating their cohabitation plans to alleviate financial stress. A survey of 441 renters conducted by Finder revealed that 15% of couples have moved in together earlier than intended. Of this group, 10% decided to cohabit earlier than planned to cope with the escalating cost of rent,…
So, you think you know why rents climbed. You probably think was skyrocketing interest rates and a tsunami of migration. It’s true that interest rates have jumped more over the past year than at any time on record, and it’s true that migration has roared back – in the six months to September 2022 (the…
Is income inequality in Australia on steroids? Well, according to a recent report by the senior economist at the Australia Institute, the level of inequality has escalated significantly. Describing the situation as “inequality on steroids,” he informed The Business program on ABC TV that following the global financial crisis (GFC), the top 10 per cent…
The off-the-plan apartment market in Australia is facing a crisis, as a growing number of buyers who purchased a residential property via off-the-plan contracts are seeking to on-sell prior to settlement. Rising interest rates are making it difficult for buyers to pass the bank’s serviceability test, and some buyers who might have cleared their bank’s…
Buying your first (or next!) property is an exciting venture, but it can also be quite daunting – especially if you don’t know what to look for. I guess that’s the reason why most property investors never get past the first or second property On the other hand, strategic investors begin with the end in…
While modern life is exceptionally busy, any decent Financial Adviser will tell you that today is the best time to start planning for your retirement; the earlier you plan, the better placed you will be to enjoy it. With life expectancy at its highest recorded level, there are a lot of years to fill between…
Property investors- watch out – the Australian Taxation Office (ATO) is after you! The ATO will be compelling banks to hand over data for 1.7 million landlords in a bid to address the $1.3 billion tax revenue lost from residential investment properties. The ATO’s data-matching program will focus on individuals failing to declare rental income,…
The most in-demand suburbs for property buyers in Victoria have been revealed by PropTrack. In these suburbs the number of homes up for sale is low and hundreds of buyers are vying for available properties. New listings of properties for sale were down 11.1 per cent, year on year, in February, according to PropTrack, with…
No one likes spending cuts and tax hikes, but on our estimate, the government will soon need more of them if they are going to make a dent in looming A$70 billion a year budget deficits. A new Grattan Institute report, Back in Black? A menu of measures to repair the budget argues the present…
Welcome to the Michael Yardney Podcast. In today’s monthly Big Picture episode with Pete Wargent, we’ll be exploring a question on many investors’ minds: Have the Australian property markets bottomed out and are they now on the verge of turning? Today we’ll be diving into the latest data, trends, and economic indicators, while also considering…
