Investors are bracing for a longer period of inflation. The RBA has warned Australians that inflation won’t reach its target range of 2-3% until 2025. The US Federal Reserve indicated that more restrictive monetary policy is on the cards amid strong employment gains. In Europe, while inflation has fallen, it is still far above the…
Generally speaking, people live their lives in one of two ways – happily and successfully, or miserably and with loads of regrets about what ‘could have been’. Those who are happy and successful don’t necessarily have a more blessed or ‘lucky’ life than the other mob. They might even have exactly the same job, the…
According to to Compare the Market, purchasing a first home is a significant objective for numerous young individuals. However, achieving this goal may require some form of sacrifice. To explore this further, they surveyed over 3,000 Australians, Americans, and Canadians about their living arrangements and the compromises they would be willing to make to secure…
It is not uncommon for a group of people to entertain the idea of pooling their resources in order to increase their buying power and spread the risks associated with investing in property. Surely this is a no-brainer, right? By chipping in with friends or family you will have a larger deposit and can potentially…
Welcome to another episode of the Michael Yardney Podcast, as today we discuss how to prosper in a financial world that’s rigged against you. Now that’s a bold claim, but my special guest today is Rob Dix, author of the book The Price of Money, and we’ll be discussing money, inflation, the world of finance,…
Whatever the result of the New South Wales election on March 25, rising housing stress is a problem the new state government will have to confront. Soaring rents and an extraordinary lack of rental vacancies are intensifying housing stress in Sydney and elsewhere. Many low-income households are spending well over 30% of their income on…
Are you looking for a faster way to expertise? You may have heard about the 10,000-hour rule which has been popularized as the gold standard for becoming an expert in any given field. However, recent research suggests that there is a more realistic and achievable timeframe for expertise – the 100-hour rule. The 10,000-hour rule…
If I had a dollar for every time in my capacity as a property strategist I’ve been asked “How Many Properties does Michael Yardney own?”, I’d be almost as wealthy as Michael. Well before I put you out of your misery and answer the question I thought we could have some fun first. How about…
Australia’s population grew by 1.6 per cent in the 12 months to 30 September 2022, according to the latest figures released by the Australian Bureau of Statistics (ABS). Beidar Cho, head of ABS Demography, said: “Our population on 30 September 2022 is 26.1 million people after we recorded an increase of 418,500 people over the…
It’s to forget that even some of the most successful minds in the world started with just a dream, isn’t it? When you’re exhausted, frustrated, anxious, worried, or you just need a reminder not to give, these inspirational business quotes will have you encouraged, inspired, and ready to take on the world: 1. “What do…
