Are you looking for financial freedom through property? Are you keen to build a substantial property portfolio? Well…statistics show that most property investors stop at just one investment property. The latest ATO data shows that 71.5% of investors only own one property, and that drops dramatically to 18% owning 2 properties and just 9.7% owning…
Why do some commercial and industrial properties surge in value while others stagnate for years? Why does one warehouse in one of Melbourne’s southeastern suburbs double in value, while another only 15 minutes away barely moves? And why are experienced investors quietly shifting more of their portfolios toward certain segments of commercial and industrial real…
Capital city home prices have fallen sharply over July with the recent market downturn amplified by the usual subdued mid-winter market conditions. The national capital city median house price fell by 1.5% over the July quarter to $1,253,674 compared to the June quarter, according to the latest data from My Housing Market. The June result…
Ever noticed how everyone suddenly becomes a property expert the moment you mention you’re an investor? You know the lines: “My cousin bought three places in six months”, “The bloke at work says mining towns are the future”, or the classic, “Just buy something close by so you can drive past it.” It’s well-meaning. It’s…
“Keep all your eggs in one basket, but watch that basket closely.” – Warren Buffett This is one of Warren Buffett’s most famous quotes. It is also one of the worst pieces of advice for anyone who is working on becoming rich. My dad inadvertently took this advice with his own financial empire, and in one…
You’ve probably heard the media, politicians and economists talking about “the inflation rate” as though every Australian is experiencing the same increase in their cost of living. But the official CPI figure may bear little resemblance to what is happening in your household. Because here’s the uncomfortable truth. That headline number is an average. It’s…
Tomorrow we’ll get the latest figures on inflation in Australia. That data will be critical in helping the Reserve Bank of Australia decide whether to lift interest rates again next month. Answering questions at a lunchtime speech today, RBA Governor Michele Bullock noted “inflation is still too high”. Yet many Australians are confused about how…
There’s a headline doing the rounds right now that’s being used to stir up generational resentment, and I think it deserves a more balanced read. A recent article in The Age revealed some striking data from the Australian Taxation Office showing that older Australians – particularly those over 60 – have dramatically increased their share…
The reaction to the May Federal Budget changes to negative gearing has been predictable. Many commentators are arguing that investors will now flood into off-the-plan apartments because the tax incentives increasingly favour new homes over established dwellings. Maybe. But I think many are looking at the wrong end of the telescope. The fundamental question isn’t…
If you asked Australians whether they feel more financially secure today than they did five years ago, I suspect most wouldn’t need to think too hard before answering. Then a new research from Money.com.au revealed that 52% of Australians, equivalent to 11.5 million people, expect their Census 2026 responses to show their household is financially…
