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It’s human nature to compare. We compare homes, cars, holidays, and yes, we compare wealth. But most Australians don’t talk openly about money, so it’s hard to know where we really stand. Have you ever caught yourself thinking: “Am I doing okay financially?” Whether you’re a Baby Boomer enjoying retirement, a Gen Xer in your…
Success breeds success, right? It’s true that successful people get that way through a combination of hard work, positivity, and sometimes a little luck. But many successful people – especially the ultra-successful ones – also have powerful beliefs to help guide their journey to the top. The secret is they understand that success is an…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from Cotality (formerly CoreLogic) paints an interesting picture. The fast-tracked expansion of the federal government’s Home Guarantee Scheme, effective from October 1, is set to significantly increase the range of suburbs available to first home buyers, according to…
In 1966, homeownership in Australia hit “peak home ownership” as 73 per cent of dwellings were owned outright or with a mortgage. That figure has been drifting downward ever since, sitting at 66–67 per cent in recent years, and just 63 per cent at the 2021 Census if you count occupied dwellings only. On the…
Here are some inspirational quotes by the highly successful entrepreneur Richard Branson to help stir you up and get you moving through the day … 1. “Respect is how to treat everyone, not just those you want to impress.” – Richard Branson 2. “Learn from failure. If you are an entrepreneur and your first venture…
Australia’s housing market isn’t just about affordability, wealth creation, or investment returns. Believe it or not, it’s also quietly reshaping some of the most personal aspects of our lives: love, relationships, marriage, and family stability. We’ve long discussed how demographics influence housing. But what’s less often recognised is how housing costs, in turn, influence our…
Do you know the 15 common myths that are killing the wealth potential of the average Australian property investor? A few days ago I explained how despite us living in a land of plenty, the sad reality is that the majority of Australians will never achieve financial freedom. Yet, on the other hand, a small…
Money doesn’t discriminate; it doesn’t care who you are or where you come from. No matter what you did yesterday, today begins anew and you have the same rights and opportunities as everyone else to become wealthy. Yet the sad reality is that the majority of Australians will never achieve financial freedom. On the other…
Want to know what’s really happening with property prices right now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Australia’s property markets are…
There’s a lot of talk about productivity in the news lately, isn’t there? But I’ve found that when economists talk about productivity, many people’s eyes glaze over. Yet productivity growth is probably the single most important driver of our living standards. It determines whether our wages rise, whether our economy grows sustainably, and whether future…
