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.
During the COVID-19 pandemic years, our government battled to keep the economy in growth despite lockdowns and border closures by creating massive amounts of new money. We are now experiencing the legacy of this strategy in the form of higher interest rates, inflation and rising housing prices. At the onset of the pandemic, most economists…
The holiday season is often associated with joy and cheer, but it can also bring a significant increase in household spending. In fact, according to the latest data from ABS, household spending rose 17.8 per cent in January compared to the same time last year. Robert Ewing, ABS head of business indicators, said: “Household spending…
Are you a people pleaser? If so, here are seven reasons why you’re likely to fail. There’s an old saying that you can’t keep everyone happy. Now that makes sense, doesn’t it? Attempting to please everyone will only end in tears. But so many people try it. There are a fair few bosses out there…
New data from APRA this week shows a more conservative approach to housing lending in the December quarter of 2022. The Quarterly ADI statistics report reveals the portion of new loans originated on a debt-to-income ratio of six or more dropped to just 11.0% in the quarter, after peaking at 24.3% a year earlier. The…
You’re smart. You’ve made a few dollars. You’ve done what the financial books have told you. You’ve listened to the podcasts; you’ve gone to the websites. So why isn’t it working? Maybe your emotions and expectations are getting in the way of good sense. Maybe you’re paying attention to the wrong people. We’ve all made…
Most people want wealth, but few will do what’s necessary to create it. Why do people want certain things, and never take action to achieve them? What subconscious thought process causes a disconnect between desire and doing what’s necessary to fulfil the desire? The reality is almost anyone regularly employed, from ditch-digger to doctor, can achieve…
I’d like to share how I’ll be investing in 2023. In fact, this is how our team at Metropole will be helping our clients invest in property in 2023. Whether you’re new to the game or you’ve already built a property portfolio you’ll probably benefit from what I’m about to share, because even though each…
Consumer sentiment is the lowest since the GFC Rate hikes have had quite an impact on sentiment. In fact surveys suggest that consumer sentiment is now lower than at the nadir ensuing from the Zombie apocalypse of 2020. It’s the lowest level since the global financial crisis of 2007-2009. Still, financial markets are pricing for…
Many consider Warren Buffet to be the world’s greatest investor. Buffett who is 84 years old is consistently ranked amongst the world’s richest people, is arguably the most successful investor of the 20th century and has an estimated net worth of $74 Billion. This means, he’s earned (on average) around $900 million each and every…
The biggest review of Australia’s migration system in decades is due to be delivered to the federal government. Commissioned by the Albanese government last September, its task is to identify reforms that will increase economic productivity, address challenges such as an ageing population, and make Australia a more desirable destination for highly skilled migrants. But…
