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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.
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Over the last ten years, changes in Australia may have seemed gradual, but they’re shaping the nation our children will inherit. Recently Australia’s leading demographer, Simon Kuestenmacher, wrote a series of articles for The New Daily delving into what these shifts mean for our future. So let’s look at some of his thoughts… The Millenial…
![[Podcast] Crisis or Opportunity? Navigating Australia’s Apartment Drought with Richard Temlett](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/MY-podcast-561-apartment_shortage-with_Richard_Temlett-270x200.jpg)
Over the past few years we’ve witnessed a whirlwind of changes, particularly in the mortgage market. Mortgage rates have skyrocketed, soaring from 2.9% in April 2022 to a staggering 6.4% today. And if that wasn’t enough, the rental crisis has reached new heights, with vacancy rates plummeting to record lows nationwide, causing rents to skyrocket….
It’s an age-old debate: Does money buy happiness? While it’s sometimes the case that money can make people with “challenging” behaviours even more so, generally speaking, having enough money for the basic necessities of life as well as your wants and needs usually means a happier life. Now I’m not saying that money will solve…
Australia’s housing crisis has become a fierce political battle that could have major implications for the next federal election. As I see it, the fierce battle over housing is set to intensify and define the next federal election as Labor, the Coalition and the Greens target a growing cohort of voters who believe they’ve been…
In order to accomplish anything, you need a driving force, otherwise nothing will happen. A wish is not strong enough to make you take action. A wish is a weak desire. Only a strong desire can drive you forward, to act and accomplish aims and goals. I hope the following quotes help you reset your…
If you’ve been reading my blogs you’ve heard it before. But the message is so important I’m going to tell you again… Everyone has good and bad habits. Another way to put it is we all have rich and poor habits. In fact, I’ve written an international best-selling book called Rich Habits Poor Habits It’s…
Sometimes it can seem as though other people were born lucky. Rich parents, inspiring mentors, opportunities handed to them on a platter… it’s hard to believe the average Aussie can compete with this kind of advantage. But the truth is, most self-made successful people share a number of characteristics that have helped propel them towards…
![[Podcast] Avoiding the Tax Trap: An In-Depth Discussion with Assistant Tax Commissioner Rob Thompson](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/MY-podcast-566-property_investors_tax_obligations-Rob_Thompson-270x200.jpg)
As we edge towards the end of the financial year, it’s the time that you need to crunch some numbers to make sure you have all your tax obligations right, so today I am again joined by Rob Thompson, Assistant Commissioner of the ATO to dive into the world of taxation, specifically targeting tax time…
Books, blogs, and magazines are full of great tips on what to do to become a successful property investor. However today I’d like to look at a number of things successful investors don’t do. 1. They don’t concern themselves that the markets are unpredictable. Successful investors are comfortable with the reality that their future can’t…
![[Podcast] Why Some Secondary Suburbs Soar with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/560-SW-Podcast-cover-270x200.jpg)
Have you ever wondered why some locations that could be labelled as ‘secondary’ outperform the established blue-chip suburbs? What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to? Should you be looking for these suburbs, or should you stick to blue-chip locations?…
