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What are the big rocks in your life? Put simply, your big rocks are your priorities. They are the tasks, projects or goals you absolutely must accomplish. If you’re like most people you’re likely to be very busy, but how productive are you? While successful people always find a way to keep a focus on…
Australia’s housing shortage is usually blamed on population growth, sluggish construction, planning delays, labour shortages and the rising cost of building new homes. All of these factors matter, but another powerful force is sitting quietly in the background. Australia has around 4.5 million baby boomers, aged between 62 and 80, and many remain in the…
In today’s fast-paced financial landscape, the intersection of psychology, demographics, and economics is more crucial than ever to understand. Morgan Housel, renowned for his deep reflections on human behaviour and finance, offers insights that can reshape how we think about wealth creation, investing, and the world at large. From understanding the role our personal experiences…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
Every now and then, it’s worth asking yourself a tough question: What if the biggest thing holding you back isn’t your circumstances—but your thinking? You see, most of us live by a set of invisible “rules.” We didn’t write them, but we follow them anyway. Rules about what’s possible, what’s realistic, what people like us…
When it comes to building wealth through real estate, the fundamentals rarely change. Success isn’t about quick wins or timing the market – it’s about understanding timeless principles and mastering your behaviour. Fact is…You don’t need to outsmart the market – you just need to stop outsmarting yourself. Like you, I see headlines screaming that…
While property investing may be simple, it’s not easy and that’s not a play on words, because many investors end up paying a huge “learning fee” or “Stupid Tax” as I like to call it. A fee that they didn’t expect to pay. That’s because choosing the right investment property comes down to much more…
Believe it or not, more than one-third of everyone working in Australia was born overseas. In our capital cities, that figure rises to around 42 per cent. In my mind, those numbers should change the way we discuss migration because overseas-born workers are central to the Australian economy. They help staff our hospitals, care for…
![What drinking coffee at night does to your body clock [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/10/coffee3-Copy-270x200.jpg)
Should you drink coffee before going to bed? I occasionally do and I thought it didn’t affect me. But I’m not sure after reading research that suggests that when consumed a few hours before bed, the most widely consumed psychoactive drug in the world seems to disrupt the body’s internal clock which sets biological rhythms such as…
The numbers look seductive. Higher yields. Longer leases. Tenants who pay the outgoings. So it’s no surprise many residential investors start wondering whether commercial property is the “next logical step” in their investing journey, especially after the text changes with the recent federal budget. But here’s the uncomfortable truth: commercial property is not just residential…
