Making a profit in renovating a property seems like a very attractive proposition. Buy low, renovate cheap, and add substantial value is the aim of the game. It sounds simple enough, right? While there is always a strong demand for renovated properties – as there are always people wanting to move into a property that…
What if I told you the single biggest threat, or opportunity, for your wealth creation journey could be something you never saw coming? In the early 1980s, long before there was a TV show by the same name, economist Dr. Don Stammer taught me to always watch out for the “X Factor.” These are the…
Most people assume that if costs rise due to a shock – such as the current Middle East shenanigans – they will fall back once things settle. But economics and, moreover, business doesn’t work that way. Prices move up quickly with rising costs, but they rarely come back down in any meaningful way. “Up like…
If you’re a property developer, tax isn’t something you deal with at the end of the project. It’s something that quietly shapes your profit from day one. And this is where many smart developers still get caught out. The moment you buy property with the intention of developing and selling for profit, the ATO stops…
Australia’s housing debate is stuck — too hard, too slow, too expensive. Yet elsewhere, solutions are working. Cincinnati backed zoning reform with real money. Texas front-loaded infrastructure. Vancouver taxed empties back into use. And New Zealand simply rewrote its rules. Bold, coordinated action can boost supply and affordability faster than any inquiry ever will. 1….
One of the most persistent myths in Australian housing is the idea that high and rising house prices are caused by “not building enough.” It gets repeated because it sounds simple, logical and convenient. But it’s wrong – and the data, including my own charts, shows why. Let’s start with scale, because this alone exposes…
There are a growing number of people in Australia wanting to create wealth by undertaking a small property development. Unfortunately, many people attempt it when they don’t have the knowledge or the know-how, and they end up financially worse off than they were before. Others, while clearly capable of managing the project, don’t set up…
What if the biggest problem in Australia’s housing market isn’t greedy landlords, foreign buyers, or even population growth? What if the real culprit is something far more mundane – the way we’ve drawn lines on maps? A new proposal from the Grattan Institute claims we could knock more than $100,000 off the price of the…
For years, Australians have been caught in a construction nightmare. Material shortages, cost blowouts, and trade delays turned the dream of building a home into a long, frustrating ordeal. But there’s finally some light at the end of the tunnel. After years of setbacks, new data shows that the time it takes to complete new…
Australia’s housing market just got another warning signal, and it’s one we can’t afford to ignore. While property prices are rising and demand remains strong, new housing approvals are falling sharply, hinting at growing pressure in an already stretched housing system. According to the latest Australian Bureau of Statistics (ABS) figures, total dwelling approvals dropped…
