The USA-led trade war turmoil is likely to cause a global economic slowdown and also precipitate falls in interest rates. I’ll explain how the Australian property market will benefit from both of these dynamics. The impact of high tariffs We are largely insulated from high tariffs because we produce almost everything we need. Our major…
We’ve seen this before, back in 2007–2008, right as the Global Financial Crisis unfolded. Rents were skyrocketing, vacancy rates were plummeting, and affordability was vanishing. Now, a new analysis from Money.com.au suggests we may be heading for a repeat performance. Over the past two years, Australian rents have jumped 14.2%—more than double the overall inflation…
The thing about getting into debt is that anyone can do it! The hard part, of course, is getting out of debt. In fact, many people struggle with even admitting they’re in debt in the first place and bounce from one pay to the next struggling to keep their head above financial water. There are…
When we think of entrepreneurs we often think of trailblazers forging ahead on their own, someone who’s doing something different or creating something new. While it’s true that in order to achieve financial freedom you’ll have to rely on your own wits and talents, it’s also true that no one succeeds on their own. If…
The chances are that if you’ve just bought (or are planning to buy) an investment property in a multi-unit development such as a unit, townhouse, or apartment, you’ll have heard about an owner’s corporation or a Body Corporate. These are essential to the smooth functioning of any building or housing lot in which owners have…
It’s hard to remember a time when the United States seemed as tense and divided as it does today. That should serve as a stark reminder of just how important it is to monitor the health of our own nation. Today, our new report card on Australia’s progress will be launched in Canberra. It assesses…
Our strong population growth and migration levels are clearly going to be mentioned frequently in the upcoming election campaign. The latest data from the Australian Bureau of Statistics shows how we’re spreading out and filling up spaces across the nation. Last financial year Australia’s capital cities collectively grew by 427,800 people, marking a 2.4% increase,…
Three keywords to remember: weigh, count and measure. Now why weigh, count and measure? To see what your results are from your activity, your attitude, and your philosophy. If you find that the results are not to your liking there are only three places to look. Your philosophy needs to be fine-tuned; your attitude needs to be…
It’s a question that echoes through conversations among frustrated Australians, especially younger generations who find themselves priced out of the housing market: Is this all a Ponzi scheme? The surge in property prices has not only locked out many potential first-time home buyers but has also sparked a fiery debate about the sustainability and ethics…
When we talk about Australia’s property market, most people look inward — inflation data, RBA decisions, consumer sentiment. But increasingly, what happens overseas, particularly in the US and China, is influencing what happens here at home. According to Ray White Chief Economist Nerida Conisbee, there are three potential paths the Australian housing market could take…
