Not a lot of commentary on this post. Thank goddess I can hear many of you say. Below is a table showing how much we earn by household and also as a median figure by state and territory. When it comes to how much a household earns per annum, some 59% (for Australia) comes from…
Where interest rates head in Australia next year and beyond depends not on inflation per se but on what happens with new job creation. This impacts the unemployment rate and, in most situations, the level and direction of inflation. So looking forward it is all about jobs. Our first chart shows that the annual rate…
The Australian property market is buzzing with activity in unexpected places, as buyers shift their focus to suburbs that promise a blend of lifestyle and affordability. While interest rates and affordability dominate national conversations, certain “golden suburbs” are emerging as hotspots, drawing attention for their family-friendly amenities, access to green spaces, and proximity to infrastructure….
There’s a saying in property circles that you make your money on a piece of real estate when you buy it. The gist of this is, that if you can negotiate really well and buy the property at the right time in the cycle, you’ll instantly manufacture some profits. This myth has caused people to…
Buying a property is not an investment strategy. Building a property investment portfolio involves much more than picking the property type and your price bracket. You need a goal in mind and a plan for achieving it. And not only that… it’s essential! After all, planning is bringing your future into the present so that…
It’s no secret that Australia’s major cities are facing a housing crisis. With affordability at an all-time low and the dream of homeownership becoming more elusive for many, there’s one crucial piece missing from our housing puzzle – the “missing middle.” This term refers to medium-density housing options like townhouses, duplexes, and low-rise apartments, which…
Australia is one of the hottest ‘education destinations’ in the world – in fact, we are ranked third with one in five of our tertiary students coming from overseas, according to the Australian Bureau of Statistics. This coupled with an overall increase in the number of places being offered by universities is resulting in greater…
Are we still the “lucky country,” or are we seeing a steady erosion of our living standards? According to Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Investments, the answer might not be so clear-cut. In a recent Oliver’s Insight, he warns that “falling real wages and a surge in tax and…
The sky is falling! The experts have started switching their property market predictions from boom to gloom, pointing to the current market slowdown as the first sign of an imminent collapse which threatens to bring down prices everywhere. I want to explain why they are completely wrong. These doom and gloom forecasts are guilty of…
Soaring prices, very low rental vacancy rates and a lack of affordable housing continue to put a strain on Australia’s rental markets and keep us in a rental crisis situation. While rental price growth has slowed, monthly and annual increases continue to push affordability to its peak. Meanwhile, there is still growing concern that the…
