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.
Successive interest rate rises, surging inflation, low consumer sentiment and deteriorating affordability drove a shift in Australia’s 2022 housing market performance, CoreLogic’s Annual Best of the Best report reveals. When summing up the year that was, CoreLogic Head of Research Eliza Owen highlighted two distinct characteristics of capital growth trends in 2022, with the first…
Compared to the rest of the world, income inequality is not particularly high in Australia, nor is it getting much worse – until you include housing. Rising housing costs have dramatically widened the gap between what Australians on high and low incomes can afford. Rising home prices paired with plummeting rates of homeownership are driving…
With bushfire season starting across much of the nation, it’s time to prepare rental properties and check they are adequately insured. Bushfire. Just a mere mention of the word strikes fear in the hearts and minds of most Australians and none more so than those living in bushfire-prone areas. The risk of bushfire is ever-present…
![[Podcast] The Brutal Truths about property investment that no one else will tell you (Summer Series)](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/01/The-Brutal-Truths-about-property-investment-that-no-one-else-will-tell-you-270x200.jpg)
Today’s podcast will be a little different. Today I’m going to be brutal. I’m not holding back and I’m going to tell you some brutal truths about property investing You’ll learn some of the things that can go wrong. You’ll learn about the frustrations of being a property investor. You will learn some of the…
It seems that bad credit habits are returning as Australia’s total credit card debt has ticked up for the second month in a row, based on the latest data released by the RBA. In fact, the data shows the total credit card bill attracting interest charges increased by $419 million to $17.3 billion. This is…
While most people spend most of their lives struggling to earn a living, a much smaller number seem to have everything going their way. Instead of just earning a living, the smaller group is busily working at building and enjoying a fortune. Everything just seems to work out for them. And here sits the much larger group, wondering how…
How were your Christmas expenses? Did you stay on budget? Or did you splurge? Well, according to new research by Finder, a credit-funded Christmas has pushed millions of Aussies into debt. The survey of 1,086 respondents revealed almost half (49%) of Australians – equivalent to 9.8 million people – have racked up Christmas debt. The…
![[Podcast] The forces behind the property market reset of 2023, with Dr. Andrew Wilson](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/01/2023-270x200.jpg)
I’m going to be bold and start off with my first property prediction for 2023. I believe our property markets are going to reset this year. At some time this year our housing markets with reach a trough, which will herald the beginning of the next property cycle, as buyers and sellers return as they…
![The most innovative countries in the world in 2022 [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/12/global-economy-270x200.jpg)
Since 2000, global investment in research and development (R&D) has tripled to $2.4 trillion. R&D spending is also casting a wider global net. In 1960, the U.S. made up nearly 70% of global R&D spending, and by 2020 this had fallen to 30%. From job creation and public health to national security and industrial competitiveness,…
The Australian labour market still heavily favours jobseekers, with the latest ABS job vacancy data for November revealing more than a quarter of Australian businesses have jobs they cannot fill. Job vacancies fell 4.9% quarter on quarter in the three months to November, according to the latest release from the ABS. Despite that fall, the number…
