Australia’s demographic landscape is shifting dramatically, with one of the most significant trends being the rapid increase in our elderly population. This change is set to profoundly impact everything from housing demand to the workforce, and especially the aged care sector. In this episode of the Demographics Decoded Podcast, we explore how this “Silver Tsunami”…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. Their latest stats show how fragmented our property markets are, with almost 30% of the 3,655 suburbs analysed across Australia in decline. Melbourne (79.1%) and regional Victorian suburbs (73.8%) made up the…
It wasn’t that long ago that many pessimists were predicting that Australia would fall into recession, and while that hasn’t happened there is no doubt that Australia is navigating choppy economic waters. This has led to the term “stagflation” surfacing in discussions among economists and commentators. Stagflation—a rare economic condition characterized by stagnant growth, high…
Welcome to another episode of the Michael Yardney Podcast, and today we’re exploring a topic that affects us all: how the way we live has changed. My guest today, Lucinda Hartley, who has been named one of Australia’s 100 most influential women, is a serial founder, technology leader, leading expert in social trends shaping the…
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…
Have you ever questioned where your money went? Do you live paycheque-to-paycheque? No matter what your income, good money habits can help to build wealth and set you up for financial success… but bad money habits can do the opposite. Bad money habits can see you dwindle your savings (if you have any) by continuously…
In our current fragmented property markets, with some locations performing and others languishing, many investors are looking to “manufacture” capital growth by participating in property development. While the property development process can be very lucrative, it is not without some pain and considerable risk. When all goes well, the results are fantastic, but if things go wrong,…
What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates peaked now and when will they start coming down or will the RBA raise rates again in 2024 because of stubbornly high inflation? Will affordability issues cause a round of distressed sales and price falls or even a property…
Remember when the headlines were filled with predictions of an imminent recession in Australia? Economists and commentators were almost unanimous in their gloomy forecasts: with interest rates rising sharply, the economy was expected to stall, and unemployment was projected to climb. Many of these predictions made sense at the time —higher interest rates typically slow…
As parents, we strive to arm our children with the necessary skills and knowledge that will guide them through life. A critical yet often overlooked part of this toolkit is financial literacy. Grasping money management from an early age can have a profoundly positive impact on a child’s life, setting the foundation for a lifetime…