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.
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…
Human beings crave certainty. When the circumstances of our lives are uncertain, we become filled with anxiety and worry. Uncertainty, for as long as it lasts, creates something called chronic stress. Chronic stress causes the body to convert cholesterol into Cortisol. While in the system, Cortisol weakens the immune system by interfering with the production…
You can’t escape the headlines that remind us property markets around Australia are in the adjustment phase of the cycle where prices are falling. So, is this the leg-up first home buyers so desperately need, to get themselves onto the property ladder at last? Is it the perfect time to trade up from your current…
The combination of declining property prices, greater interest rates on savings, and rising wages have resulted in a shorter duration for a couple to save up for an entry-level deposit in Australia. In fact, the latest data from Domain’s annual First Home Buyer Report revealed that first-home buyers’ time to save for a house deposit…
The number of suburbs where it’s cheaper to buy than rent has been slashed in the past year, due to a record number of rate hikes that have outpaced skyrocketing rents. CoreLogic’s analysis of 3,904 house and unit markets nationally found for houses, just 9.1% of suburbs were cheaper to buy than rent, down from…
The upcoming Reserve Bank cash rate decision is a close call, but the latest inflation figures may be enough to prompt the RBA to hit the brakes next Tuesday. In Australia, inflation is moving in a positive direction, with February’s annual figures at 6.8%, down from 7.4% the previous month and 8.4% in December, according…
The ABS released its monthly inflation gauge, and it showed inflation dropping sharply from 7.4 per cent to 6.8 per cent in February. This was way under market estimates and confirms inflation as well down from 8.4 per cent last year. After an implied -0.4 per cent last month, the monthly inflation figure was only…
