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.
Have you ever kept a diary of how you spend your time? Well, if not, the Australian Bureau of Statistics has. They have released their time use study, which measures the daily activities of 2,000 diverse households, and of those aged 15 years and over in those households, had them keep a diary over two…
After months of declining dwelling approvals, the trend appears to be shifting positively. In fact, the latest data from ABS show that dwelling approvals rose a sharp 18.5% month on month in December, rebounding after the previous month’s 8.8% fall. The rise was driven by the very volatile apartment series (+56.6% month on month after…
One of my clients runs a pretty successful landscaping business. One payday, he noticed that his employees immediately headed to the convenience store located in a nearby strip mall. Once he became aware of this oddity, he noticed that every payday, this pattern repeated itself. Out of curiosity, he followed them into the store after…
We keep track of housing finance approvals as they are a good “leading indicator” of what’s ahead for our property markets. Based on the latest data released by the ABS, new housing loan commitments fell 4.3% month on month in December, its eleventh consecutive month of decline, to be at its lowest level since October…
Queensland, Australia’s second-largest state, has made history by becoming the best-performing state economy for the first time. The recent CommSec State of the State report shows that its economy has been growing at a faster pace than any other state in Australia, thanks to strong population growth, a solid job market and overseas demand for energy resources,…
The dream of homeownership can drive people to do desperate things, including lying on their mortgage applications. In fact, according to Finder’s new research, thousands of Aussie homeowners have told a fib in order to secure their home loans. The survey revealed that out of 1,114 respondents – 310 of which have a mortgage –…
It is alleged that Sydney-based financial advisor, Melissa Caddick stole $25 million from her clients. She has recently gone “missing”, leaving a trail of disaster for her clients and family members. Many con artists are very cunning and go to great lengths to conceal their wrongdoings. But there are a few simple steps you can take which…
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While it’s not rocket science, it’s not easy to research our property markets given the array of jargon and information and the many mixed messages that are out there. So, in today’s podcast, I would like to chat with you about some of the many sources of research data that we look into to ensure…
Are you considering selling your home or investment property? Sure Australia’s property market came off the boil in the first quarter of 2022 as demand softened and the Reserve Bank began to hike borrowing costs. And even though prices will still fall further, the rate of decline is slowing. This means those interested in selling…
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We still don’t have an end to cybercrime attacks. In fact, according to estimates from Statista’s Cybersecurity Outlook, the global cost of cybercrime is expected to surge in the next five years, rising from $8.44 trillion in 2022 to $23.84 trillion by 2027. Cybercrime is defined by Cyber Crime Magazine as: “the damage and destruction…
