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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Here are some interesting Australian property facts you should know. They’ll come in useful when the property pessimists, who are out once again now that our property markets have reached new heights, get into your ear: There are 10.6 million dwellings in Australia valued at a total of $8.1 trillion That’s almost 3 times as valuable…
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 interesting reading. Melbourne house and unit…
For many great success comes with great responsibility – the ability to touch with a performance, lead a country or create the groundbreaking. But the greatest responsibility of those with success, is to inspire those around them to reach for the stars and make the impossible possible. Here are 105 inspirational quotes from highly successful people: •…
Westpac have revised their outlook for the outlook for dwelling values for the balance of this property cycle. Back in February Westpac was one of the first of the banks to do an about face an at that time boldly predicted a 20% increase in values over 2021 and 2022. Since then all the other…
The ABS reported that CPI increased by 0.8% over the June quarter for an annual increase of 3.8% – the highest annual growth rate since March 2008. Petrol prices, supply chain disruptions, and the withdrawal of coronavirus support all caused inflation to spike, but the lift will be transitory and unlikely to shift the…
All successful property investors, in fact, high achievers in all fields, have one thing in common…they have a mentor. This has been one of their secrets to their success. All the successful property investors I have dealt with over the years have hung out with like-minded investors and followed in the footsteps of the others who…
Booming property prices across Australia means workers with an average income are watching their dreams of homeownership slip further and further away. According to the latest ATO data, the average taxable income for Australians in the 2018-19 financial year was $62,549. Meanwhile, according to this home loan borrowing calculator, that would give a single person…
If you’re not familiar with Charlie Munger, he’s Vice Chairman of Warren Buffet’s Berkshire Hathaway. Munger is probably the most quotable investor of all time. Sometimes what he says is hilarious. Sometimes it’s serious. But it always gets you thinking. At the 2008 shareholder meeting, Charlie Munger criticized his physique, said ethanol was “one of…
The late Jim Rohn was a gifted storyteller with dynamic delivery and thought-provoking substance. His philosophy was an important influence on me as I was growing my wealth and business so today I’d like to share a collection of his quotes: 1. “To become financially independent you must turn part of your income into capital; turn…
We all fail at times – even the most successful people. I know I seem to have had more than my share of failures along the way. One of my biggest lessons along the way was to learn to take responsibility for my failures and not blame others. Another lesson was to pick myself up,…
