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Michael has been once again voted Australia’s leading property investment advisor and one of Australia’s 50 most influential Thought Leaders by the ‘Our Aussie Thought Leaders’ report.
He has probably educated more successful Australian property investors than anyone else, but he’s not a theorist…He has been successfully investing in property since 1971, is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
Australia’s official unemployment rate fell last month from 7.5 per cent to 6.8 per cent. The result surprised basically most economists, including those at Treasury and the Reserve Bank, who were expecting the unemployment rate to deteriorate again. So what happened? According to the Bureau of Statistics, the number of employed persons increased by 111,000…
How soon will the global economy recover from COVID-19, and in what shape will that occur? The OECD has slashed its forecast for Australian GDP growth in 2021, saying shutdowns associated with Victoria’s second wave of COVID-19 will drive a much weaker than expected rebound. In its latest economic outlook, the OECD upgraded its growth…
![Property Headlines: House price forecasts, Property pessimists back peddling + the latest data | Property Insiders [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/AdobeStock_141193813-270x200.jpeg "National Housing Market Update [video] | May 2018")
The media seems to love bad news more than it does good news. All over Australia we are bombarded with bad news, and nowhere is the more bad news more interested in my home city of Melbourne. But when we look back at the many bad news predictions about property made earlier this year by…
Read, enjoy and be inspired, even if you’re not a leader today because one day you will be. 1. “To add value to others, one must first value others.” – John Maxwell 3. “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you…
We all know that real estate is a long-term investment. So, what were the best-performing suburbs over the last couple of decades? They may not be the ones that you’d first think of. Today’s I chat with Bret Warren about what made certain suburbs outperform over the last couple of decades. I’m also going to…
Why were all those property pessimists wrong? In fact, why are they becoming more positive about property? Of course it wasn’t just the usual band of Negative Nellies making dire predictions of significant property price falls earlier this year, it was also some credible economists suggesting property values could fall by up to 20%. Yet…
There has been a lot of concern about the number of loans that have been deferred because of Coronavirus and what’s going to happen if the banks pull out the rug from lenders. As usual, the property pessimist say this is one of the reasons property values are going to crash? APRA recently released details…
How are our property markets doing? With so many indicators regularly mentioned in the media – which should you rely on? Firstly, it’s worth understanding some statistics are lagging indicators – they tell you what has happened in the past. Others are leading indicators – they are a sign of what’s ahead. Here’s what I…
Recently, I appeared on the Australian Taxation Office’s podcast, Tax InVoice, to talk about tax-related matters that would be of interest to property investors in a time of crisis. I spoke with assistant commissioner Adam O’Grady about how the events of 2020 impacted property investors and what recent law changes mean for residential property investors….
There are a number of reasons why a person may want to invest in property, but they never actually get around to it. They have all the best intentions and they really, truly want to take action. They do the research. They attend the seminars and the courses. They get educated, they learn what’s possible,…
