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.
I began my study of rich and successful people well over 40 years ago Of course, not all rich people are successful, and not all successful people are rich but remember I was much younger and more naïve then and wanted it all. I tried to understand why some people were rich while others kept…
With so much noise in the media, it’s easy to miss some of the key developments that could have a significant impact on property owners, investors and aspiring home buyers. Over the past week, three major stories have emerged that deserve attention. More importantly, they provide valuable clues about where the property market may be…
Pauline Hanson’s National Press Club address last week reminded us she doesn’t like multiculturalism, she sees immigration as responsible for most of the country’s problems, and she regards the values of some immigrants as inimical to a predominantly “Judeo-Christian society”. She called for “monoculturalism” to replace “multiculturalism”. These kinds of views are not new for…
Do women really make better property investors? There seems to be mounting evidence that this could be the case. A while ago Kym Kiyosaki gave her opinion on 8 advantages that women have that make them better investors. Here’s what she said: 1. We’re not afraid to say, “I don’t know.” The person who has to…
There’s a troubling irony in the latest data on how Australians are feeling about their lives. We endured lockdowns, closed borders, business shutdowns, and genuine fear about a global pandemic, and apparently, we were happier then than we are right now. New research from the Australian National University found that life satisfaction has fallen to…
The rich are not necessarily happier than normal folk all the time, but I bet they are happier more often. That’s because money does make a difference in people’s lives. It removes a lot of our worries and allows us more time to spend with our families or on activities that make us happy. Likewise,…
![[PODCAST] Einstein’s 7 Rules for Building Wealth Through Property (And What Most Investors Miss)](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/06/787-Einsteins_7_Rules-JB-Youtube-cover-270x200.jpg)
Most people think building wealth through property is about being smart enough to pick the right suburb, time the market perfectly, or analyse the data better than everyone else. What if the most important lessons weren’t about property at all? Albert Einstein never bought a house as an investment. He never negotiated with a bank…
After several years of strong price growth across much of Australia, Domain’s latest FY27 Housing Market Forecast suggests the property market is entering a very different phase. The report highlights that Australia’s housing market has entered a more complex phase. Three rate hikes in the first half of 2026 have changed the landscape, and the…
Australians have become much more gloomy about the economy and increasingly worried about the irresponsible behaviour of the United States in the past year, according to the Lowy Institute’s 2026 poll. The poll also shows a big decline in support for cultural diversity over the past two years, albeit from a very high level. Almost…
Every capital city’s auction clearance rate has just dropped to its lowest point of the year, and Brisbane is the real shock, plunging to under 22 per cent this week, down from over 50 per cent just twelve months ago. That’s happening even though the Reserve Bank left the cash rate on hold again at…
