As Australia’s rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact. CoreLogic’s Quarterly Rental Review for Q3 2022, shows the national rental index had its smallest monthly increase this year, up 0.6% in the month to September and 2.3% over…
Newspapers and magazines are full of stories about work-life balance — why it’s important, how to achieve it, and why so many people struggle to maintain it. It’s a relatively new buzzword and, like all fads, is sure to be replaced at some point by another new one! But I want to talk a bit today…
With so many mixed messages currently surrounding property I thought I should give you some insights based on my close to 5 decades of experience in property and having built what some would suggest is a very substantial property portfolio. According to our big banks, Australians must brace for the worst housing correction on record…
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…
Buyer’s agents have really come into their own in recent years, as home buyers and investors alike have begun to realise their muscle power in the real estate industry. Just as a seller’s agent will achieve the most money possible for the sale of a home, a buyer’s agent will negotiate the best buying price…
There are plenty of mistakes that novice property investors make that can derail them. These can range from simply buying the wrong property for the wrong price to not having any rainy day money in their kitty (a buffer). However, here are three mistakes that are a little more tricky to overcome because they are…
Almost everyone wants to become rich. According to Tom Corley’s 5 year Rich Habits research, being rich eliminates 67% of the problems that plague most people. So, besides being able to buy that house by the beach, a Rolex watch or travel to exotic places, being rich means fewer problems in life. Fewer problems equal less…
High Achievers are people who achieve some level of greatness in life. They might be successful entrepreneurs, professional athletes, Olympians, famous writers/authors, painters, engineers, singers, prominent religious figures, etc. Essentially, they are individuals who, through their actions, achieve greatness. And these high achievers all share certain common habits. Relying on my vast stores of knowledge…
The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it. The question facing the board – the biggest there is when it comes to how the next few…
How confident are you about your future? The world’s Geopolitical problems and local issues such as inflation, the specter of rising interest rates, and our local floods have made people feel less secure. In fact, consumer confidence plunged 4.8% last week, falling to its lowest level since early September 2020. ANZ Bank report that confidence…