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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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It has been said that the most important factors that will change where you are in 12 months’ time compared to where you are today in your life are the books you read and the people you hang around with. If you want to improve your life, I believe you need to build the foundations…
Rates are easing. Buyer and seller confidence is rising. Auction clearance rates are humming. And now, the Federal Government has decided to throw additional demand into the mix by fast-tracking its expanded Home Guarantee Scheme to October 1. Income caps are being removed, property caps are being lifted (to $1.5m in Sydney, $950k in Melbourne,…
Why is it that in one of the wealthiest countries on earth, so many hardworking Australians feel like they’re falling behind? You don’t need economic charts to know something’s changed – you can feel it in your weekly grocery bill, your rent, your mortgage, and your quiet financial stress. Is capitalism broken – or is…
One of my early investments was a complete loss. I know that doesn’t make for ego pleasing conversation from someone who’s meant to be an investment expert, but it’s the truth. However, I’m keen to tell you the story of how I lost 100% of my invested capital many years ago, way back in the…
Australia’s wealth landscape is undergoing a significant transformation. The number of high-net-worth individuals (HNWIs) is on the rise, and a substantial intergenerational wealth transfer is underway. These shifts present both opportunities and challenges for wealth management, estate planning, and economic equity. The surge in high-net-worth individuals High net worth individuals (HNWI) in Australia are worth…
It’s Monday again so here’s another collection of the 12 inspiring quotes to help get your week off to a good start: 1. “Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe…
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…
For much of the 20th century, there was a widely accepted social contract: each generation would be better off than the one before it. Parents worked hard so their kids could go further, financially, socially, and personally. And for decades, that deal held true. But today’s younger Australians, particularly Millennials and Gen Z, are wondering…
Have you ever looked at the AFR Rich List or reports on the richest people in the world and wondered what they were doing that you’re not? Well…they’re probably doing things very differently from you according to my good friend and best-selling author Tom Corley who conducted a five-year study of 233 wealthy people and 128…
They say hindsight is 20:20 – and that is certainly true when it comes to property investing. Most of us start out without much knowledge behind us and only realise we are making mistakes when it’s too late to do much about them. Here’s a list of seven things I wish I’d known when I…
