Australia is often seen as a land of opportunity, a place where hard work and determination can pave the way for a better life. But what if we suddenly closed our doors to newcomers? As we face a housing crisis, an aging population, and growing political pressure, some have begun to question whether Australia should…
New data from CoreLogic indicates 2021 is the most common year in which homes were last purchased, and roughly one in five Australian homes were purchased in the past five years. A snapshot of when Australian housing stock was last bought over time is presented in Figure 1 below. Unlike an annual turnover rate, which…
As a mortgage broking business operating in the personal finance space, we see a large group of clients, a diverse group of clients, whose money management skills span the spectrum from those who don’t have any experience to those who have a lot. The one thing all our clients have in common is a drive…
Why do the rich keep getting richer? What do successful people do differently? Being rich has little to do with the money itself. Instead, it had a lot to do with how you think about money. So if you want to become rich, one of the first steps is to know how the wealthy think…
For many young Australians, the dream of homeownership has felt increasingly out of reach. Gen Z, in particular, has been facing a perfect storm of rising property prices, stagnant wage growth, and increasing living costs. It’s no wonder their outlook on entering the property market has been less than optimistic. But leading demographer Simon Kuestenmacher…
In today’s show, we discuss Domain’s latest Profit and Loss Report with Dr. Nicola Powell, the Chief of Research and Economics at Domain. In this detailed look at the current state of the property market across the country, we explore the key findings from the report, dive into regional disparities, and discuss the impact of…
The Australian economy has been a topic of intense scrutiny in recent times, particularly around the challenges the Reserve Bank of Australia (RBA) faces in taming inflation. While inflation typically involves complex interactions between supply, demand, and monetary policies, recent data suggests that government spending and job creation in the public sector are adding fuel…
The term “trial and success” isn’t something that people talk about. Usually, we hear of people’s successes, only after they’ve been through the course of life’s trials and tribulations, and made some errors along the way. Whether we’re talking about the field of investing or a totally unrelated pursuit, successful people have often emerged victorious,…
In this article, I’ll explain the role of the Architect and how to work with them on your development project. Astute investors and property developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who can provide invaluable support and assistance…
What leads some people to be so more successful than others? Success is a highly sought-after but often elusive goal. We all want to achieve success in our personal and professional lives and in our investing, but some people seem to be able to do so with ease, while others struggle. So, what sets these…