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.
As someone who has spent the best part of their professional life involved with property markets and public policy, I reckon I’ve seen pretty much every type of lunacy at work. When it comes to housing, that lunacy frequently ascends to new heights. The latest hysteria is nothing we haven’t seen before and will see…
Which suburb is Australia’s most populous? A recent question from one of our Local Government clients prompted this piece on our most populated suburbs and the pitfalls of looking at numbers without context. Australia seems to have an obsession with “big things”. You know, the Big Banana in Coffs Harbour, the Big Merino Sheep in…
Hardly anyone thinks about their legacy – the impact of the life they leave behind. We really only give it some thought when we read an obituary of someone we know. In May of 2000, I read an obituary about a friend’s father that left me in awe of the man. There were numerous non-profit…
The great Australian dream of owning a home is slipping further out of reach for many, particularly those in the most common occupations. Recent reports paint a grim picture for teachers, nurses, and other essential workers, who now find themselves grappling with a housing market that’s increasingly beyond their financial reach. If you’ve been paying…
After I completed my Rich Habits Study, one thing became very clear – the rich, at some point during their success journey, get lucky. Luck was so critical to the success of many of the self-made millionaires in my study, that I felt it imperative to address it right out of the gate in my…
The debate around negative gearing is once again heating up, with a particular political party of a Green persuasion arguing that abolishing it could be the magic bullet to solve Australia’s housing affordability crisis and housing shortage. “Just slug greedy, rich property investors by reforming negative gearing and capital gains tax and it won’t increase…
Everyone has experienced an unexpected financial emergency. And amid the current cost-of-living crisis, when the cost of groceries, utilities and mortgage repayment bills are high enough already, an added out-of-the-blue expense could be enough to send your finances into a tailspin. From a broken window to an unexpected medical bill or even a loss of…
In this blog, I’ll be talking about the housing market on a national scale, and there are two charts as part of this missive and two tables. First, supply and demand drive real estate. And you can see from our first chart that the number of dwelling sales – that is, the demand side of…
Sluggish global markets, high inflation, high cost of living and a heated property market mean our finances are constantly shifting. And even billionaires aren’t immune. Forbes released its annual rich list for 2024 earlier this year, where it showed that there are more billionaires than ever – at 2,781 people across the globe in total,…
I don’t know about you, but there have been times in my life when I’ve had to give up certain things. No one likes doing this, especially if what you’re giving up is enjoyable stuff! New Year’s resolutions are all about giving up what is not good for us in the long term. It could…
