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…
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….
This question is one of the most common questions I come across from beginner property investors. You see, in markets like we see today, investors, buyers, and even renters are waiting to find out whether they should take the plunge now or wait for prices to come down… or even crash entirely is some property…
Like the rest of Australia, New South Wales is in the grip of a housing crisis that has been years in the making, driven by a combination of population growth, inadequate housing supply, and skyrocketing property prices. The latest recommendations from the Productivity and Equality Commission aim to address these challenges head-on with a range…