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 you’re anywhere near my age (I’m going to be 50 very soon), you know you need to be investing a sizeable portion of your income. Not should be. Need to be. There are plenty of reasons for this, not least of which is the uncertainty around how much money you’ll need when you’re done working. But there’s…
Want to know the number one secret that the wealthy use to become rich? I’ll share that in a minute, but first let me ask you…given a choice, which of the following would you prefer? One cent that doubles every day for 30 days, or $1,000,000 In my opinion, most people would likely choose $1,000,000….
Some like it hot, some like it iced, and some just don’t like it at all. Until recently, coffee was on the list of habits to break if you really wanted to be healthy. Coffee drinking is linked to a decreased risk of premature death, type 2 diabetes and some types of cancer. However, some…
Australia’s property market is facing a significant shift, with more and more investors opting to sell off their investment properties. The latest 2024 PIPA Annual Investor Sentiment Survey paints a concerning picture for the future of the rental market, with investors exiting faster than they are entering. Rising holding and compliance costs, combined with new…
If you’ve ever tried to make sense of the property market, you’ve likely found yourself staring at median house prices. It’s the statistic splashed across every news outlet, property report, and conversation around real estate. But while median prices are easy to grasp, they often fail to tell us what’s really happening on the ground,…
![Ranked: The World’s Top 10 Tax Havens [INFOGRAPHIC]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/06/calculating-taxes-270x200.jpg)
Individuals and corporations use tax havens to minimize their tax burdens and protect their wealth in low-tax or no-tax jurisdictions. This graphic shows the top 10 countries hosting the most offshore financial wealth, according to 2022 data from the Atlas of the Offshore World. What is a tax haven? A tax haven offers foreign businesses and…
Sydney has long held the crown as Australia’s most expensive city, consistently commanding a premium over Melbourne. However, this premium has now reached historic extremes. The latest PropTrack data reveals that the typical house in Sydney fetches a whopping 70% premium over its Melbourne counterpart. Put simply, Melbourne’s median house price is about 41% cheaper…
Negative gearing and capital gains tax are back on the national agenda as Australians deal with a housing crisis and politicians look for ways to tackle the issue and win voters’ support at the upcoming election. The Labor government confirmed last week the tax concessions were being reviewed. Meanwhile, the government is struggling to pass…
I come from a long line of worriers. I’m a worrier, my grandmother was a worrier, and my mom worries like she’s getting paid for it. On the topic of worrying, she once said: “I feel like if I don’t worry enough, something bad is going to happen.” Lots of people feel the same way….
Capital city home rental markets reported varied results over the first month of spring with vacancy rates continuing to tighten following the mid-year easing. House rents however were generally lower again with mixed rental growth for units. Most capitals again reported lower house rents over September with the exception of volatile Darwin with an increase…
