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.
Australian rent values have increased 24.1% between the start of an upswing in September 2020, to February 2023. On the surface, it would appear to be the perfect storm for property investors. The pace of monthly rent increases is accelerating, the monthly vacancy rate nationally slipped back to 1.0% in February, and the count of…
![[Podcast] What to do if your fixed rate or interest-only term is due to expire with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/What-to-do-if-your-fixed-rate-or-interest-only-term-is-due-to-expire-270x200.jpg)
There has been a lot of talk about the “fixed interest rate cliff” being one of the biggest potential risks to housing market values and the overall stability of our property markets in 2023. With my guest today, independent financial advisor Stuart Wemyss I plan to explain what the cliff is, some must-know pieces of…
According to the latest data from the Australian Bureau of Statistics (ABS), international travel made a robust comeback in 2022, providing a significant boost to an industry severely impacted by the pandemic. The ABS report indicated that over 19 million arrivals and departures were documented throughout the year. Jenny Dobak, Head of Migration Statistics at…
As the nation settles into its post-pandemic reality, a host of challenges have arisen – and one of the big ones has been trying to house our population. A look across metrics described the way rental and homeownership stress have become entrenched. Renters are in dire need of places to stay at reasonable price levels,…
There was yet another thumping (by-)election result yesterday – this time a historic win in Aston – and once again swinging hard to Labor, which will be causing some serious angst in Liberal circles, and possibly even in time a leadership spill. Zooming out and looking at the bigger picture, the Labor Party has now…
Australia’s population distribution among major cities has shifted significantly over the past 67 years as the economy has adapted to a new era of working and living – fast forward to the future and things will look different again. Bernard Salt, managing director of The Demographics Group, wrote a column for The Australian pulling together…
Asked to find an extra A$20 billion per year to fund government priorities like building nuclear submarines and responding to climate change, Australia’s top economists overwhelmingly back land tax, increased resource taxes, an attack on negative gearing and extending the scope of the goods and services tax. The 59 leading economists surveyed by The Conversation…
There are two groups of poor people. The first group is individuals who simply do not make enough money to meet their needs. The second group is individuals whose income exceeds their needs but who, nonetheless, spend more than they make. According to Census Bureau data, there are approximately 46 million poor people who cannot…
What does success mean to you? Success is neither magical nor mysterious. Success is the natural consequence of consistently applying basic fundamentals. To help you have another successful week, let’s start it off with 13 inspirational quotes from successful people. You’ll find a common theme amongst them – can you pick it? 1. “Successful people…
Home prices have lifted in March according to PropTrack who believe the end of interest rate rises are in sight. Proptrack Senior Economist Eleanor Creagh explained that limited supply, along with strong migration and higher rents, are underpinning property values. The Australian housing market has experienced significant changes in recent times, with home prices exhibiting…
