One of the most influential books I read in the 1990’s was Stephen Covey’s ‘The Seven Habits of Highly Effective People.” It’s a classic and a classic for a reason. The seven habits are really powerful things to build into your life. In a way, they’re just common sense. Like “begin with the end in…
How well we manage our money is more important for our financial well-being than the size of our income. You see…the default for most of us is to pay for whatever we need to pay for and then “save” the rest. This is not a sound financial plan. Most Australians live paycheque to paycheque. While…
In these regular Big Picture podcasts, Pete Wargent and I discuss the macroeconomic factors affecting your economy and our property markets, and a lot has happened since our last show a month ago. As one of Australia’s most respected financial analysts and commentators, Pete brings his invaluable expertise to help us navigate the ever-changing landscape…
There were some significant changes regarding the RBA recently. Philip Lowe’s term as Reserve Bank governor was not renewed which means he’s been effectively sacked as Reserve Bank governor’s current Deputy Governor; Michele Bullock will become Governor starting 18 September. Regular listeners would know that I record a weekly video with Dr. Andrew Wilson, and…
A lot can happen in one week in our property markets, can’t it? So here’s a look back at some of the things I read or learned this week, that I believe you should also know. 1. New loan commitments increased despite higher interest rates… The latest report from PropTrack revealed that new loan commitments increased by…
There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the ones I’ve read during the week. The weekend will be over before you know it, so enjoy some interesting reading. The regions with the…
Welcome to the Michael Yardney Podcast. Today I’m thrilled to have Nicola McDougall, chairperson of PIPA as my guest and we’re going to discuss how our property markets have become a political play toy. There’s a lot to unpack, and it’s crucial for investors to understand the implications of the increased interference in the markets….
Today, I’m joined by Stuart Wemyss to discuss two fascinating topics. The first one is the life cycle of a typical investor, and you’ll find it’s a roadmap that provides insight into the ebbs and flows of the financial journey you’ll experience as a property investor and the strategic decisions you’ll have to make along…
A number of years ago one of my favourite columnists, Morgan Housel wrote a great piece 122 Things Everyone Should Know About Investing and the Economy Here are 25 great thoughts Saying “I’ll be greedy when others are fearful” is easier than actually doing it. When most people say they want to be a millionaire,…
Whether or not you personally give any weight to superstitions, it may pay to consider them if you are buying or selling a property. Generally speaking, westerners are not overly superstitious and males less so than females, but we do live in a multicultural society. Many immigrants bring their traditions and superstitions with them and…