The nation’s biggest home lender, Commonwealth Bank (CBA) has upgraded its house price forecasts aligning with the optimistic outlook shared by the other big banks. Only a few months ago in May, the CBA revised its original forecast that home values would fall 6 per cent this year, instead suggesting that prices will gain 3…
An estimated $2.6 trillion will be passed from Baby Boomers to the next generations in the 20 years to 2040 according to Philanthropy Australia. Families in Australia’s top suburbs for inheritances will hand down more than $3.3 million on average from one generation to the next, with children in Sydney’s harbourside regions edging those in…
Negotiation is one of the skills developed by all savvy property investors. Over the years I’ve noticed that some people are very good at getting terrific deals. Most others simply get what the other party is willing to give. What’s the difference? The first group knows how to negotiate. In today’s episode, I sit down…
One of the arguments frequently used to denounce the overseas economists who come here warning that our property markets are going to crash, is that our real estate markets are different to America. So what’s the difference between mortgages in Australia and the USA? Aside from different terminology and product types, there are some unique…
The past decade has been a whirlwind of change in the housing market across Australia. The numbers don’t lie: in nearly one in three Sydney suburbs, house prices doubled in the past 10 years. But what does this mean for the future of property investment? Sydney’s Surge Despite the sharp downturn during the APRA-induced credit…
In today’s Podcast, I’ve got two great segments for you. Initially, I’ll explain how a fascinating part of our brain: the reticular activating system, operates as both a search engine and a GPS, guiding us towards wealth. Then, I’ll have a conversation with a guest who has been called Australia’s best-kept money secret, Jacquie Clarke….
When going through life’s challenges, we all need a little extra inspiration. No matter what’s going on always remember to smile and hold you head up high. Here’s some words of wisdom to help along the way: 1. A Strong Woman Is One Who Is Able To Smile This Morning Like She Wasn’t Crying Last…
It’s Father’s Day today so… Here’s a classic from English writer and poet Rudyard Kipling that is clearly relevant to all fathers and sons and I guess there’s even a message in it for investors. It’s: A father’s advice to his son: “If you can keep your head when all about you Are losing theirs…
Australians have never been more distrustful of corporate entities since Roy Morgan began measuring trust and distrust in late 2017. According to Roy Morgan the distrust has only escalated since 2020, often attributed to corporations taking questionable actions under the guise of the COVID-19 pandemic but by 2023, this corporate distrust has taken a nosedive,…
Australia’s property market is suffering a supply shortage, with high-interest rates and tighter rules seeing many property investors succumbing to fear-mongering and selling up… but it hasn’t dampened the property portfolios of our federal politicians. The 2021 Census data shows that 86% of federal politicians own at least one residential property with most owning an…