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Migration has always been part of Australia’s DNA, but right now it’s shaping our future more than almost any other force. In 2024, about 580,000 new residents arrived, while roughly 240,000 people left permanently, giving us a net migration gain of around 340,000. That’s significantly higher than our long-term average. And it’s got plenty of…
KPMG’s newest Residential Property Outlook pins Melbourne as the standout performer in 2026. They expect house prices in Melbourne to climb 6.6%, adding approximately $64,900 to the current median of $983,000—that’s nearly $178 a day. On the unit front, a 7.1% surge is forecast, boosting the typical unit from $609,000 by over $43,000, and outpacing…
What does it take to be in the top 1% of wealthy people? Is it a matter of luck, hard work, education, or perhaps a combination of these? And more importantly… why do so few people actually get there, even though most dream about it? We know that true wealth is much more than how…
I hate to repeat what everyone else is saying, but clearly, we are living in challenging times. Despite all the bad news in the media, with economic problems, geopolitical problems, and cost-of-living pressures, there is also good news out there if you look for it. But there’s no doubt there are still many challenges ahead…
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…
Did you feel a little wealthier lately? Maybe not in your day-to-day spending money, but according to the Australian Bureau of Statistics, you actually are. In fact, Aussie household wealth jumped by 2.7% in just three months – that’s close to half a trillion dollars added to our collective balance sheets. And as always, much…
Yes, it’s the beginning of another week, so here’s another 10 smart money sayings from some successful investors. Hopefully one or two will inspire you to do some great things this week: 1. When the market’s going down, it is not because you are stupid. And when it is going up, it’s not because you…
When we talk about success, we often focus on hard work, talent, and determination. These are undeniably crucial elements, but as Warren Buffett, one of the most successful investors of all time, pointed out, there’s another factor that plays an equally important, if not more significant, role: luck. Buffett’s concept, which he famously refers to…
Imagine this: you’ve built a career, perhaps even become an expert in your field, and yet in the next 10 or 15 years, you will find yourself doing something entirely different. Not just working for a new boss or switching companies, but stepping into a completely new career. That’s not science fiction, it’s the forecast…
Want the real secret to success? Not the kind that sells in 30-second soundbites or flashy headlines. I mean the real, gritty, behind-the-scenes truth that separates those who consistently win, whether in business, investing, parenting, sport, or life, from those who don’t. Because here’s the thing… Over my decades in business, property, and personal development,…
