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.
One of the biggest things holding people back from the pursuit of success is the fact that they fear failure. This fear of failure causes them to second-guess every move they make. It causes them to overthink everything. It causes them to delay in taking action. Overthinking and Procrastination is born out of this fear…
Ten years ago I did a study into ageing and wealth. At the time, I called the study “old poor and lonely” – given this more or less summed up the picture for the typical retiree. Surely, a decade later on, things have much improved? It depends on where you sit. Only a third of…
![Melbourne housing market update [video] | July 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
Melbourne’s housing market is grinding through its most sustained period of weakness in years. A 1% fall in June 2026 marked the seventh consecutive monthly decline since the cyclical peak in November last year — a run of losses that has now carried values 4% below the record high set in March 2022 and 2%…
![[PODCAST] 25 Wealth Rules I Learned After 50 Years in Property (Most People Break Rule #6)](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/07/799-25_Wealth_Rules-MY-Youtube-cover-270x200.jpg)
Today, I want to share 25, let’s call them commandments, for financial wealth and success. And to get the message across best to you, I decided to do something a little different. Normally, I have a guest, but this time it will be just you and me as I share these ideas with you. These…
Australia’s housing market has crossed a threshold that marks a genuine shift in the cycle. Cotality’s National Home Value Index fell 0.4% in June 2026 — the third consecutive monthly decline and the largest single-month drop recorded since December 2022. The national index now sits 0.7% below its March peak, and the momentum carrying values…
If there’s one thing I’ve learned in my many years of business, it’s that change is the one constant. Just when you think things are settled, something will happen to upset the apple cart. Investors and entrepreneurs may think this is only happening to them, and that it’s their bad luck. It’s not. It’s the…
There is no doubt that our housing markets are facing challenges from all directions, but clearly, they have remained resilient. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. According to Cotality, Australian property vendors are increasingly turning their backs on auctions as cooling buyer demand reshapes the market….
Domain’s June 2026 Rental Report confirms what many tenants, landlords and property managers have been feeling on the ground: Australia’s rental market remains tight, but it is no longer moving in one uniform direction. According to Domain, combined capital city house rents re-accelerated in the June quarter, rising by $20, while unit rents increased by…
According to A well-known study, conducted in 2013 by PEW Charitable Trusts, 70% of those born and raised in poverty, remain poor as adults. And this “cycle of poverty” continues generation after generation. Why? Inferior education, absentee parents, toxic stress, poor nutrition, few, if any mentors and a lack of opportunities are all blights inflicted upon…
Here’s the uncomfortable truth many Australians are starting to realise – you can work harder than ever, do everything “right”, yet still fall behind financially. It’s not due to buying too many lattes or smashed avocado sandwiches, and it’s certainly not due to a lack of ambition. It’s because the rules of money quietly changed…
