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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 big news this month is the total value of Australian residential real estate has hit a new milestone over $12 million, doubling in value in the last decade. Also,…
For decades, we’ve been told to fear a population explosion, that there are too many people on the planet – straining our resources, overcrowding our cities, and destroying the environment. But what if the real problem of the future isn’t too many people… but too few? It’s a fascinating shift in thinking, and one that…
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…
Gambling has long been a favourite pastime for Aussies and according to a report from Gambling Statistics Australia, we spend an average of $1.9 billion on lotto every year. Of the 6.8 million Australians who like to take a punt, about 76% of them play the lottery. Who is buying all these tickets? When you do…
Let’s face it, we Aussies love a good whinge. We’ll complain about the cost of living, the price of housing, the traffic, our politicians, and even the weather if we run out of other options. It’s part of our cultural DNA, that casual cynicism that coexists with our dry humour and love of understatement. But…
Ever heard of the 1% rule in property investment? It sounds simple, even seductive. Buy a property where the monthly rent is at least 1% of the purchase price, and you’re set for positive cash flow. In theory, it’s a quick way to separate good investments from bad. While you may come across this a…
Australia’s home value growth hits the fastest pace in over two years as national dwelling values surged 1.1% in October, marking the strongest monthly gain since June 2023 and pushing the annual growth rate to 6.1%. This clear upturn has been gathering momentum since the first rate cut in February, confirming a new cycle of…
Bill Gates is the wealthiest man in America and one of the most important, influential personalities in the modern world of computers and technology. He is the co-founder of Microsoft. I would like to share with you some of his quotes: 1. It’s fine to celebrate success, but it is more important to heed the…
Move over, smashed avocado and flat whites, there’s a new national obsession taking hold across Australia. And no, it’s not the latest streaming service or tech trend. It’s wellness. Australians are now spending far more on their health, vitality, and wellbeing than on our once-sacred café culture. In fact, over the past six years, Australians…
There’s an old fable about Christopher Columbus I’ve always loved. In 1493, fresh off his first voyage to the Americas, Columbus sat at a celebratory dinner with Spanish nobles. But instead of praising his achievement, they downplayed it. “Anyone could have sailed west and found land,” they scoffed. “You just happened to get there first.”…
