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.
Every year, one of Australia’s biggest longitudinal surveys provides a range of insights on how the nation is changing. The Household, Income and Labour Dynamics in Australia (HILDA) Survey, provides unique insights into the lives of Australians, and collects rich data on income, employment, health and wellbeing. HILDA has been following the same people every…
Housing has a new competitor. Australia’s rapidly expanding data-centre industry is attracting billions of dollars, demanding substantial electricity and water capacity, and drawing upon many of the same engineers, consultants, contractors and financiers needed to deliver new communities. The issue is not whether Australia should build data centres. It is whether governments are coordinating the…
Australia will have almost 40 million people by 2066, our economy will be more than twice as large and average real incomes will be considerably higher. Yet beneath those reassuring headline numbers, Treasury’s latest Intergenerational Report describes a country that is growing more slowly, ageing rapidly and relying heavily on migration, productivity and housing policy…
The slingshot effect is about to occur and that it has the potential to deliver strong price growth in many areas where prices are falling right now. This is how it works. We all know that housing demand increases in line with population growth, but doesn’t translate into price growth during times of uncertainty or…
There are moments in life when a single sentence hits you so hard it rearranges your thinking. Not a long seminar. Not a complex strategy. Just one line that quietly exposes the flaw in how you’ve been operating. For me, that moment came when I read the following words from one of my early mentors,…
There’s an interesting debate that’s been going on for years, not just among scientists and philosophers but also in business circles, and it has a lot more to do with property investment than most people realise. At its core, it comes down to two very different ways of looking at the world, and once you…
Australia is going to look very different in ten years’ time. We’ll have millions more people, an older population, smaller households and technologies that will change how we work and live. Our cities will evolve, new industries will emerge, and different governments will introduce policies that reshape our economy. But after more than five decades…
I learned the rich don’t rely on one paycheque. They rely on multiple paycheques by building multiple streams of income. In my Rich Habits research, I studied 233 wealthy people for five years and found 65% maintain three or more income sources. Only 5% of the poor do this. I learned from the poor that…
If you’re interested in property, do you have all your ducks in a row and are ready to negotiate? At this point in the journey, it can often feel like all the heavy lifting is done and that negotiating and buying a property is just a small piece of the puzzle. While it can feel…
Buying your first home is exciting, but it can also be confusing and, at times, a little overwhelming. There is finance to arrange, government assistance to investigate, suburbs to compare, contracts to understand and negotiations to navigate, often while property prices and lending conditions are changing around you. The good news is that you don’t…
