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.
Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it. Why is change difficult for many of us? Because change makes us move out of our comfort zones. It takes courage to leave something familiar and try something new. One of the jobs of…
One of the most fascinating discoveries made in the field of quantum mechanics is that everything in the universe is connected to everything else in the universe. They call this strange phenomenon quantum entanglement. Albert Einstein famously referred to quantum entanglement as “spooky action at a distance”. What enables this universal connectivity is something called…
2025 is already shaping up to be an “interesting” year. It’s clear that the demographic and economic landscape is shifting in ways that will redefine how we live, work, and invest. Understanding these trends isn’t just academic—it’s a roadmap for thriving in a rapidly evolving environment, especially for property investors in business people. Over the…
The difference between repairs and improvements can be confusing for property investors. I mean… what is a repair? When does a repair become an improvement? And how do you know what’s tax-deductible and what isn’t? Fortunately, the Australian Tax Office sheds some light on these questions. What is a repair? A repair replaces a part…
Are you wondering what lies ahead for Australia’s housing market? After an eventful 2024 where dwelling prices rose by an average of 7% nationally, it’s time to unpack what’s driving the market and what investors and homeowners can expect this year. Here’s what the latest data and analysis from the Bank of Queensland Housing Market…
With more suburbs reaching the million-dollar mark, many potential homebuyers are left wondering just how much they need to earn to join the million-dollar homeowners club. You may be surprised to learn that the salary required to buy a $1 million property isn’t as high as you might think. What does it take to buy…
![[PODCAST] The Habits of Australia’s Wealthiest Investors – Are You Missing Out? With Sarah Megginson](https://cdn.propertyupdate.com.au/wp-content/uploads/2025/01/MY-podcast-638_Wealth_Report-Sarah_Megginson-270x200.jpg)
If you’ve ever wondered how to make smarter money moves, whether property is still the best way to grow wealth, or how to set yourself up for financial freedom, today’s show is for you. Sarah Megginson, personal finance expert and Head of Editorial at Finder.com.au and I unpack the Finder Wealth Builder Report, which is…
Think allowing pets in your rental is a risk? You might be missing out on one of the biggest opportunities in today’s market. While the thought of four-legged tenants might initially spark concerns about scratched floors or chewed corners, the reality is that allowing pets can offer significant benefits for landlords—both financially and relationally. In…
Most people say wealth means a big salary with a lifestyle to match. Most people equate wealth to money, but that’s not how wealth works. You need a lot more than money to be truly wealthy. You need your health, your friends and family to share it with, you need personal growth, spirituality (this means…
As an Australian property investor, you’re probably always on the lookout for ways to boost your returns and trim your tax bill. Well, here’s the thing: understanding investment property depreciation could be your secret weapon. This guide will walk you through the ins and outs of rental property depreciation schedules, helping you confidently navigate the…
