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.
Latest posts
The Reserve Bank’s board meeting minutes for July paint a much more gloomy picture of the economy than the one governor Philip Lowe paints in public. The RBA left the door open to even more interest rate cuts due to their ongoing concern about the state of the jobs market and the lack of wages…
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…
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 "You wouldn't believe what happens on the Internet in 1 minute [infographic]")
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…
Want to know what’s going on with the rental markets around Australia? Watch today’s short (4 minute) video where Dr. Andrew Wilson presents the latest rental market data. Overall, the rental market remains quite mixed. Both the Sydney and Melbourne property markets continue to experience the dampening impact of the many properties bought by investors…
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