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.
Most investors think diversification is about having lots of properties. But here’s the truth: diversification isn’t about how many properties you own, it’s about what kind you own, where you own them, and when you bought them. Over the years, I’ve met investors with three well-chosen properties who are better protected and positioned for growth…
Let’s start with a blunt truth: in 2025, Australian women are wealthier than ever, but they’re still significantly behind men. And that gap matters. Because wealth isn’t just about flashy lifestyles or living large — it’s about security, opportunity, choices, and resilience in the face of life’s inevitable challenges. And at the national level, it’s…
Do you want to buy an investment property but don’t have the cash in the bank for a deposit? The good news is, if you’re an existing homeowner, there is a way to have your cake AND eat it. And this is especially the case at a time when Australia’s recent property boom has seen…
Something significant is happening in Victoria’s rental market, something we haven’t seen in over two decades. And while it hasn’t made big headlines just yet, if you read between the lines, it points to a worrying trend for renters, a turning point for policymakers, and a potential opportunity for long-term investors who know how to…
It’s common for many buyers and property investors to experience analysis paralysis when it comes to buying a property. After all, it’s a complex decision and one that has a long-term impact… especially if you get it wrong. The thing is, while due diligence is essential to make sure you know what you’re buying and…
There is a debate in the world about the usefulness and the alleged obscene amounts of money earned by some professions. It’s widely acknowledged that real estate agents are not the most trusted professions in Australia. The four professions least trusted in Australia, based on the percentage of Australians (aged 14 and over) who rate…
For a long time, the popular narrative has been that manufacturing in Australia is dead. We’ve all heard the stories: Holden shut its doors, Ford and Toyota packed up and left, and what was once the proud engine of our economy seemed to stall. Even I’ll admit, I believed that story. But the reality, as…
The federal election campaign was dominated by the housing crisis. But the real power to solve it rests with the states. In Victoria, reforms are underway that promise a bigger boost to the housing aspirations of younger generations than anything that occurs in the federal parliament. Yet these reforms are now under threat of being…
![[PODCAST] The Housing Shortage No One’s Fixing (But Everyone’s Complaining About) | Big Picture Podcast with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2025/05/MY-podcast-674_Big_Picture_Podcast_Pete_Wargent-270x200.jpg)
Interest rates are falling again. After years of rate hikes, mortgage stress, and a cooling economy, the RBA has now dropped interest rates for the second time this cycle and there are more rate cuts to come. But what does this actually mean? Is the worst behind us—or is this a sign of deeper cracks…
We like to think we’re rational human beings. However a few days ago I shared with you the concept that we are in fact prone to a group of cognitive biases that cause us to think and act irrationally, and this affects many of our investment decisions. Even thinking we’re rational despite evidence of irrationality…
