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.
Australia’s population is booming, with migration levels exceeding the peak of the mining boom. And there are some regions in particular where popularity is surging. Commbank and the Regional Australia Institute’s latest Regional Movers Index shows that there are 5 Australian regions where migration has exploded… by more than 200%. Sea and tree-change shift is…
Whether you’re trying to build up your savings, pay off your debt, or simply make sense of where your money is going each month, you may have thought about creating a budget to help you reach your financial goals. Even if you’re just starting out on the path to financial independence, a budget is a…
Although Australia ranks as the sixth largest country globally, its population density is just 3.3 individuals per square kilometre, making it one of the least densely populated countries in the world. Despite the vast land area available, the majority of the population clusters along the eastern seaboard and prefers living in smaller properties near major…
Over the past two decades, property data has reached unprecedented levels. Of course, property investment experts have always used data to help them identify investment-grade properties in locations primed for superior capital growth. These days, though, the abundance of data online makes it seem “easy” for anyone to do the same. The problem with this…
Beliefs are emotionally derived from unconscious programming. They are created from positive or negative feedback received from an influencer – someone you respect, admire or love. “Tom’s a great tennis player”, Tom’s no good at math”, “Tom is clumsy”, and “If Tom’s head wasn’t attached to his neck he’d forget it somewhere”. That last line…
Following on from ANZ reporting a sharp slowdown in spending in March comes some more reassuring figures from Judo bank. All sectors of the Australian economy are now in contraction, suggesting that the interest rates hikes are more than just doing their job. And input price pressures are easing sharply, confirming that the peak inflation…
In recent years, there has been a growing concern about the gender wealth divide in Australia. Despite significant progress in gender equality, women continue to face significant economic disadvantages that prevent them from achieving financial security and stability. The issue of the gender wealth divide is complex and multifaceted, and it affects women of all…
There has been a lot of talk about the risk of financial contagion following the collapse of California’s Silicon Valley Bank. Perhaps too much talk. While the frequency of bank runs in the past shows the power of emotions to move markets, there’s little reason to panic. We’re not looking at anything like the circumstances…
The World Health Organisation declared a global pandemic on 11 March, roughly corresponding with Australia’s 100th diagnosed case of COVID-19. While this crisis in health had little direct implications for the housing market, there were plenty of responses to the pandemic that did. Unprecedented expansionary fiscal and monetary policy (and subsequent tightening), heavy border closures…
Credit card spending has reached record levels in Australia as disposable income dries up, according to new research by Finder. Monthly purchases on credit cards reached a record high of $33.5 billion in January, according to data by the Reserve Bank of Australia (RBA) – a whopping 17% increase over the year and an extra…
