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.
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate…
For much of the 20th century, there was a widely accepted social contract: each generation would be better off than the one before it. Parents worked hard so their kids could go further, financially, socially, and personally. And for decades, that deal held true. But today’s younger Australians, particularly Millennials and Gen Z, are wondering…
The Federal Treasurer, Jim Chalmers, has publicly acknowledged that both state and federal budgets are under unsustainable pressure. He’s been clear that achieving budget sustainability cannot be done without both raising taxes and cutting spending. Chalmers has also spoken about the need to reduce our reliance on income taxes. Australia absolutely needs tax reform – reform that supports economic…
The property market is getting a fresh shot of adrenaline. According to new ABS Lending Indicator data, compiled by Canstar, the average new loan size for Australian owner-occupiers has hit a record high of $678,000, up $18,000 in just three months. That’s effectively an extra $198 a day in borrowing power added over the June…
The ABS June 2025 building approvals data reveals a dynamic shift in the property landscape, offering fresh opportunities for both homebuilders and investors. With total dwelling approvals jumping 11.9% month-on-month to 17,076, and a striking 27.4% rise year-on-year, the market is showing renewed momentum –particularly in the multi-unit sector. Source: ABS Private sector dwellings excluding…
![[PODCAST] Regret, Reality, and the Race to Buy: What First Home Buyers Are Really Facing in 2025 With Sarah Megginson](https://cdn.propertyupdate.com.au/wp-content/uploads/2025/07/MY-podcast-695-Really_Facing_in_2025-SM-1-270x200.jpg)
What happens when the Great Australian Dream becomes a financial nightmare? In 2025, buying your first home in Australia has become less of a rite of passage and more of a high-stakes gamble. Record-high deposits, sky-high property prices, and mortgage repayments eating up more than 30% of many buyers’ income – it’s no wonder almost…
Australia’s rental market tightened further in July, with the national vacancy rate falling to 1.2%, down from 1.3% in both June 2025 and July 2024, according to the latest SQM Research data. This drop leaves just 37,863 rental vacancies nationwide, compared to 39,027 last month and 39,701 a year ago, signalling sustained pressure on tenants…
What’s the Australian housing market likely to do in fiscal 26? And are we staring down the barrel of a recession? I get asked about the R word a lot these days. Increasingly so. So, let’s tackle both, because the two are more intertwined than most think. The recession question First things first. Are we…
Have you ever looked at the AFR Rich List or reports on the richest people in the world and wondered what they were doing that you’re not? Well…they’re probably doing things very differently from you according to my good friend and best-selling author Tom Corley who conducted a five-year study of 233 wealthy people and 128…
Today’s rate decision marks the third cut in what was always expected to be a cautious and gradual easing path. This decision follows a surprise ‘hold’ from the Reserve Bank of Australia (RBA) in July, where the board adopted a ‘wait and see’ approach regarding inflation and job markets. Since the July meeting, core inflation has…
