Australia’s rental market was already stretched before the federal government decided to rewrite the tax rules for property investors. Vacancy rates remain painfully low, advertised rents continue to rise faster than wages, and the country is failing to build enough homes for its growing population. Now, Labor’s changes to negative gearing and capital gains tax…
Why do governments use interest rates to control inflation? They are a blunt, unfair tool, taking money from those who can least afford it and giving it to those who probably don’t need more. The aim of higher rates is to slow down spending on goods and services by cutting buyer demand, but the extra…
If you only looked at today’s monthly housing costs, it would be easy to conclude that buying a home in Australia no longer makes financial sense. After all, new research from Compare the Market shows that in every Australian capital city except Darwin, renting is cheaper than buying, and in some cities the difference is…
As the weather starts to warm, green shoots typically begin to emerge in the property market. The spring and summer season historically sees vendor activity rise, with a surge in new listings and an increase in auction volumes following the winter lull, particularly in the southern states. This spring could prove to be cooler than…
You’ve finally found it. The property that ticks every box, the one you can picture yourself living in for years or the investment property you still want to own in 10 years’ time, and now your heart is pounding because you have absolutely no idea what happens next. Do you just call the agent and…
Which generation actually holds the most wealth in property? The answer might surprise you, and so will what’s happening beneath the surface as Baby Boomers quietly shift their fortunes out of bricks and mortar and into cash. Recent analysis from KPMG has given us the clearest picture yet of how wealth is really distributed across…
Could you be earning a good income, owning property and still operating with a poverty mindset? Could beliefs you absorbed as a child be quietly limiting how much wealth you build today? And why do some people break free from financial hardship while others repeat the same patterns from one generation to the next? My…
For most people who buy a home, a mortgage represents the single largest debt they will take on in their lives. But what happens if the market value of a property you’ve bought falls below the amount you still owe on your home loan? This situation is called “negative equity”. In Australia, decades of house…
As a property investor, you can get the timing wrong, overpay a bit, blow the reno budget, and still end up wealthier than the person who waited for “perfect.” I know that sounds like heresy, especially to newer investors who think every decision has to be flawless or they’ll be ruined. But after you’ve been…
Australia’s migration system is complicated. It’s heavily influenced by politics and global pressures, which can make it difficult to understand. This often results in lively debates across the dinner table. But given migration is dominating public discussion at the moment, it’s worth explaining how the system operates so we all have a better understanding of…
