Most Australians know they pay a lot of tax. What most don’t realise is just how dramatically the system has shifted over the past century, and how that shift is quietly eating away at the wealth of ordinary working Australians, especially investors. Here’s something worth thinking about as you head into tax time…Australia’s top marginal…
Most people assume success in property comes down to timing the market or picking the right suburb, but in reality, your results are largely determined by the decisions you make along the way. And those decisions are driven by how you think. In today’s environment, with higher interest rates, constant media noise and mixed messages…
If you want to succeed in life, you absolutely must surround yourself with other successful people. Successful people are successful because they have expert knowledge and skills in very specific niches. Unsuccessful people lack expertise in any one niche. Successful people surround themselves with other success-minded people who are also experts in their field. They…
Money takes away your problems, or so the saying goes. But what does that really mean? Can money really solve all of our problems? While it’s true that money can’t buy us happiness, it can certainly make life a lot easier. With enough money, we can pay someone else to take care of may of…
I began my study of rich and successful people well over 40 years ago Of course, not all rich people are successful, and not all successful people are rich but remember I was much younger and more naïve then and wanted it all. I tried to understand why some people were rich while others kept…
Australia has never had a death tax. We’ve long prided ourselves on that, and many Australians have structured their estates carefully, knowing their wealth could pass to the next generation without the government taking a cut simply because they died. But buried in Treasurer Jim Chalmers’ 2026-27 Budget are changes that estate planning lawyers and…
Australia remains one of the most prosperous nations in the world. We enjoy a stable political system, abundant natural resources, a relatively strong labour market and living standards many countries would envy. Yet beneath the surface, something important is shifting. The latest findings from the Australian Bureau of Statistics’ General Social Survey reveal a growing…
Playing monopoly was a tradition in our family for a long time. Unfortunately, the game doesn’t come out as often these days – I guess I don’t play board games much anymore. In the good old days, I played Monopoly with my parents when I was young, with my children when they were young, and…
We live in uncertain times. Just look at all the financial, economic and political problems we are facing, as well as the social and political problems around the world. Amid all this, we must go about our business, our investing, and live our lives. And to do that we must feel comfortable with our long-term…
Housing affordability is the current topic of conversation in the media and at dinner tables across Australia. And for families with Gen Y children, in particular, it’s probably a discussion based around how they’ll struggle to ever buy their own home. There’s no denying it has become a lot harder to get a start on…
