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It’s official: Australia’s rich are getting richer and there’s no such luck for those on the other end. But, the rich can’t keep getting richer than the average Australian forever – can they? Well…Australia has long been thought of as the land of the middle class, but when comparing the upper, middle, and lower rungs…
There are a plethora of books and blogs out there on success. And I regularly write about success for you on this site. But how about looking at it from the other side of the ledger? What are some of the common traits of failure that you can learn from to succeed? 1. Hanging with…
![[Podcast] Governments passing the buck for the housing crisis, blaming property investors, with Nicola McDougall](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-581-Rental_crisis-Nicola-McDougall-1-270x200.jpg)
For years, the dream of homeownership has seemed increasingly out of reach for many. But what of those who can’t even afford to rent Social Housing? Waiting lists are overflowing and the number of available dwellings just needs to catch up. Today Nicola McDougall, chair of the Property Investment Professionals of Australia (PIPA) joins me…
![[Podcast] Property Investors are Fleeing the Melbourne Market, with Mike Mortlock](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-Podcast-580_Investors-exiting-the-market-with-Mike-Mortlock-270x200.jpg)
Today, I look into an issue that’s causing ripples across the Victorian rental market and beyond. It’s the exodus of landlords. Joining me today is Mike Mortlock, Managing Director of MCG Quantity Surveyors, who recently wrote a detailed report about this. Not surprisingly, the problem isn’t just confined to Victoria. In general, many property investors…
The new year is a neatly appropriate time to start something great. Of course, no greatness comes without hard work, so why not set up your mind and take a look at some wise hard work motivational quotes for work? These quotes have helped many and they will definitely lighten up your mood and direct…
There will be a 21 per cent jump in the number of millionaires in Australia over the next four years, mirroring a trend in developed and developing nations, according to the latest UBS Global Wealth Report. The number of adults worth $US1 million ($1.48 million) or more is expected to grow in 52 out of…
![An Idiots Guide To Drinking Coffee [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
If you’re like me you enjoy your coffee first thing in the morning. But maybe that’s not such a good thing! Science has figured out how to drink coffee for maximum benefit, and chances are you’re doing it all wrong according to this infographic from Art of Wellbeing Coffee is no longer understood to be generally…
Do you enjoy your coffee? I know I do, so I was pleased to read that moderate coffee consumption is linked to both mental and physical health. A study published in The British Medical Journal (Poole et al., 2017) shows that moderate coffee intake reduced depression risk and lower levels of Parkinson’s and dementia. I knew I was…
![[Podcast] Inside Domain’s Property Forecast Report: What’s Next for House Prices with Dr. Nicola Powell](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-588_The-latest-house-price-forecasts-with_Nicola_Powell-1-270x200.jpg)
On today’s episode, Dr. Nicola Powell, the Chief of Research and Economics at Domain, and I want to discuss her latest Domain House Price Forecast Report, and I ask her to share her property forecasts for the financial year 2025. We’ll delve into the key findings of the report, explore regional variations in house prices,…
![[Podcast] Only 4% of poor people become rich, why is it so hard? With Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-579-poor_become_rich-Tom_Corley-270x200.jpg)
Today we’re going to dive into the world of wealth creation and breaking the cycle of poverty. Joining me is Tom Corley, who’s dedicated his career to understanding the behaviours that separate the rich and the poor. According to Tom’s research, only 4% of people born into poverty become rich. Now, that’s a shocking statistic….
