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.
In a recent move that signals a flexible but cautious approach, the Reserve Bank of Australia has kept the door open for potential interest rate cuts by year-end if economic conditions worsen. In its minutes for the September Board meeting, the RBA has also cautioned that it could raise rates again should inflation fail to…
In a reflection of the ongoing financial strain on households, Australians spent a record $27.43 billion on personal credit card purchases in August 2024, according to the latest data from the Reserve Bank of Australia (RBA). This represents an increase of $814.3 million (3.1%) compared to the previous month and a staggering $1.23 billion (4.7%)…
My parents had many failings. I’m sure yours did too. But when do we stop blaming our parents for the person we’ve become? For some, this happens in their 20s. They make it through the tumultuous teenage years and they achieve clarity. For others, it doesn’t happen until the birth of their own children. Frankly,…
In this continuing series of articles, I’ll take readers on a step-by-step journey through the property development process. You’ve selected your site, conducted your feasibility studies, gathered a team of professional industry experts to help you navigate the sometimes rocky road of property development, made your way through the council’s bureaucratic maze of red tape…
Do you understand the ripple effect and how it relates to property and price growth? It is a similar concept to dropping a stone in a pond, the result being small ripples moving outward. In a property sense, we have a CBD as the centre point and the ripples as suburbs move further away. A…
Everyone in Australia has a credit score. It acts as an important indicator for lenders to gauge reliability and risk when it comes to repaying a home or personal loan. This means a good credit score is essential for securing a better interest rate on loans and boosting your overall financial health. No matter what…
Today is another of our popular question-and-answer shows where Ken Raiss, Brett Warren, and I answer a wide range of questions asked by the participants of a recent webinar. We answered questions about why the Melbourne property market is currently underperforming and when to expect it to turn around, there are a number of questions…
Almost everyone will experience an unexpected financial loss at some point in their life. In the current cost-of-living crisis, the cost of groceries, utilities and mortgage repayment bills are high enough already, so an added out-of-the-blue expense could be enough to send your finances into a tailspin. From property damage to an unexpected medical emergency,…
Have you ever wondered what successful people do to become…well..successful? Be they business people, entrepreneurs or property investors their success is caused by all the things they have chosen to do and all the things they have chosen NOT to do. Lifehack listed 20 habits that successful people make it a point to consciously avoid….
The total value of new home loans approved in the month of August was $30.38 billion – just 1.0 per cent higher than was recorded the previous month. Growth in the month was again driven by investor lending, up $164.7 million, or 1.4 per cent, according to ABS Lending Indicator data released today. Investor lending…
