Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investent 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 1 million others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
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With so many mixed messages currently surrounding property I thought I should give you some insights based my 40+ years of experience in property and having built what some would suggest is a very substantial property portfolio. If you’re reading what I’m reading in the media some are saying we’re in for a few more…
On average Australian householders are millionaires. According to the Australian Bureau of Statistics’ latest Household Income and Wealth Australia 2017-18 report Australia’s average household wealth has passed the $1 million mark for the first time, up more than 37 per cent compared with a decade ago, thanks to property prices and surging superannuation balances. But…
What are you going to do now that the interest on your mortgage is lower? Will you keep your payments the same and pay off your mortgage faster? If past history is an indicator that’s what’s likely to happen – however I’m not sure that’s such a good idea- but more on that in a…
Watch out – the landscape is right for you to be stung by a property spruiker! The Property Investment Professionals of Australia (PIPA) is warning consumers about the risks of property investment spruikers as interest rates hit record lows. PIPA Chairman Peter Koulizos said a confluence of factors was likely to reignite spruiker activity in…
We live in an interesting world don’t we? Particularly if you’re an investor. Every time the world’s economic woes seem to have sorted themselves out, or we think Australia’s economy is on the move again or we feel Australia’s property markets seem to be steaming along nicely, a new set of challenges pop up for…
Auction clearance rates in both Melbourne and Sydney were strong this weekend continuing the post election bounce in confidence in our property markets. The prospect of easier access to finance, falling interest rates and a tax cut has boosted confidence, driving strong auction results across Australia. However the number of properties offered for auction was…
![You wouldn't believe what happens on the Internet in 1 minute [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/01/clock-650753_1920-270x200.jpg)
Is it really possible that 188 millions emails are sent every minute? How can Google process 3.8 million search queries every 60 seconds ? The following infographic courtesy of Visual Capitalist drills down to what actually happens on the Internet every minute and this research by @LoriLewis and @OfficiallyChadd is astounding. Look how things are changing Below you can see a…
You know what they say : There are two certainties in life – death and taxes! You may not be able to cheat death, but there are ways you can legally reduce your tax obligations – especially if you’re in business. Unfortunately too many business owners and professionals give away too much to the tax…
There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the ones I’ve read during the week. The weekend will be over before you know it, so enjoy some weekend reading. The bizarre questions borrowers…
Who says housing is unaffordable. O.K. I admit it’s expensive in our big capital cities – it’s a first world problem that comes with living in world class cities on the bay in the best country in the world at the best time in history. But overall, housing affordability is the best it’s been in…
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