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.
We are currently witnessing what could be described as the greatest wealth transfer in modern history. As the baby boomer generation begins to age, a massive amount of wealth is being transferred to the subsequent generations. Over the next decade, this generation, who rode a wave of economic prosperity for decades, is forecast to pass…
Australia’s economy has been undergoing a profound transformation over the last century, shifting from its traditional roots in agriculture and manufacturing to becoming a knowledge-based society. This shift has significantly altered the types of jobs available, the skills required, and even the locations where people choose to live and work. As we continue to navigate…
Love is in the air—or is it? New data from the Australian Bureau of Statistics (ABS) has given us a fresh look at the marriage and divorce trends in Australia for 2023, and it’s clear that while love may still be alive and kicking, it’s also becoming a bit more selective about when and where…
We are in the midst of the worst housing crisis I have seen in my five decades of being involved in property. It was a significant shortage of houses for those who want to buy, and worse shortage of dwellings for people who want to rent. And while all sorts of excuses have been bandied…
This post is about the most recent annual ABS population growth figures. Well, most of Australia’s population growth takes place in our capital cities. Table 1 shows that some 82% (or 517,000) of the country’s 634,500 annual population increase last year took place across our eight capitals. Yet when you remove the Gold Coast, Sunshine Coast,…
What would you tell yourself if you could go back in time and meet your younger self? What advice would you give yourself to make your future easier? Here are some of the things I tell the younger me. 1. Learn from your mistakes. Accept that you’ll make lots of mistakes along the way. They…
Cheaper homes don’t make for more homes. The contradiction at the heart of our housing challenge right now is that more supply is needed to help housing values come down. In reality, though, the residential construction sector is still struggling to deliver housing with a reasonable profit margin. For private sector developers and builders, arguably…
As the spring selling season kicks off across Australia, there’s an undeniable shift in buyer preferences. With auction volumes soaring and new listings at their highest level since 2022, Aussie homebuyers are making their wish lists more specific than ever. So, what are buyers craving in the homes they’re inspecting this spring? According to new…
One of the #1 traits shared by the self-made millionaires in my Rich Habits study was a positive mental outlook. The average net worth of those millionaires was $4 million. So, being positive is worth quite a bit of money. But what is a positive mental outlook? It is an upbeat lens through which you…
Today, we’re diving into some timeless wisdom that has guided investors for decades, but with a twist—how these principles apply to property investment. Ken Raiss and I will explore Benjamin Graham’s teachings from his seminal book, The Intelligent Investor, a classic in the world of investing, often revered as the ultimate guide to building wealth….
