If you could cut your power bills by 90%, would you? A new report by Rewiring Australia, reported in the Guardian, says that’s exactly what’s possible for the average Australian household, if we fully embrace energy efficiency and electrification. But while the numbers are promising, the real challenge lies in making it happen. Let’s look…
Imagine inviting thousands of people to a party… but forgetting to organise enough food, chairs, or bathrooms. That’s essentially what Australia is doing by ramping up migration while failing to plan for the housing and infrastructure to support it. Today, Simon Kuestenmacher and I discuss why we can’t keep separating housing policy from migration policy….
In what’s being described as an explosive move, the Australian Council of Trade Unions (ACTU) has come out swinging against property tax concessions, backing reforms that could fundamentally change the way investors approach real estate in this country. They propose to limit negative gearing and capital gains tax (CGT) discounts to just one investment property…
Urban planning in Australia is often built on shaky assumptions. Myths perpetuate. This post covers three such urban myths. Myth 1 – Higher densities mean less traffic The theory is that higher densities around existing public transport networks will see a lift in public transport use and fewer cars on the road. Public transport accounts…
In today’s Macro Insights Podcast, Ken Raiss and I examine who really pays tax in Australia, and the results may surprise you. We also share what the average wage and superannuation balance in Australia is, and I bet these figures will surprise you. We also discuss the latest statement from APRA about its 3% mortgage…
According to my Rich Habits Study, one of the reasons the wealthy accumulated so much wealth was due to the fact that they worked more hours than those who were not rich. Here’s some of the data: 44% of the wealthy worked 11 hours more each week than the non-rich. 86% of the wealthy who…
It’s Monday again so here’s another collection of the 12 inspiring quotes to help get your week off to a good start: 1. “Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe…
Who will buy my property? That’s the question you should be asking yourself if you want to create longer-term wealth through property investing. Sure, property markets in many parts of Australia are booming, but this too shall pass. Although growth will continue for the next few years, all property upturns set the stage for the…
Australia’s property market is facing a new and growing threat—one that can’t be ignored by investors, insurers, or homeowners. According to the Climate Council’s latest report, At Our Front Door: Escalating Climate Risks for Aussies Homes, climate change is no longer a distant concern; it’s already impacting property values, insurance affordability, and the viability of…
What drives you to build wealth? If I deposited $10 million in your bank account today, what would you do differently tomorrow? Do you think money will solve any (or all) of your “problems” and/or fulfil all your dreams? The answers to these questions will reveal how you think about money. And how you think…
