Successful investors learn as much from their mistakes as they do from their successes, whereas the average Australian seems to make the same financial errors over and over again, and wonders why things don’t change. To help place you in that successful group, let’s have a look at nine of the most common financial mistakes…
As Australia’s population ticked rolled over to the 27-million mark last week, a milestone we’ve hit a staggering 30 years ahead of schedule, the ramifications for our housing, infrastructure, and urban planning are profound. The Treasury’s Intergenerational Report of 2002 had us pegged at a more modest 23.4 million by now; however, we’re not just…
Since the pandemic’s onset, finding a rental in Australia has become as challenging as snagging a seat at the AFL Grand Final. Rental availability has plunged by half, and rents in our capital cities have rocketed by a staggering 33% in just two years. Though the national vacancy rate nudged up slightly to 1.12% in…
There is currently a shortage of properties both for sale and for rent, and this is one of the reasons house prices of kept rising and rents have skyrocketed over the last few years. Sure the government has talked about building 1.2 million homes over the next five years, but remember they’re not going to…
CoreLogic’s national median rent value ticked up to $601 per week last month, equating to the median annual rent of $31,252 a year. CoreLogic median rent is based on a current estimate of rent income, describing what the median dwelling in Australia would rent for if you put it on the market at any given…
The nation’s property market has fully recovered from the 2022 downturn, with combined capital house and unit prices ending 2023 at a new record according to Domain’s latest House Price Report December Quarter. This is the first time they have surpassed the previous records that were set in March 2022 for houses and December 2021…
The surge in inflation coming out of the pandemic and its subsequent fall has been the dominant driver of investment markets over the last two years – first depressing shares and bonds in 2022 and then enabling them to rebound. But what’s driving the fall, what are the risks and what does it mean for…
Mistakes can be hard to admit because in doing so we have to acknowledge that we’ve somehow veered off course, and sometimes that’s a daunting prospect. Where does that leave us? How long will it take to recover and get back on track? Although it might be confronting, mistakes associated with a property investment worth…
The final report from the Senate Inquiry into the worsening rental crisis in Australia produced no collective recommendations whatsoever and was a waste of taxpayers’ money, according to the Property Investment Professionals of Australia (PIPA). The inquiry’s final report — quietly released in early December — included a recommendation from the chair for a two-year…
Over the next 25 years, Australia’s population will grow by 9.2 million people. This will take our total population to just under 35 million. Australia’s population growth is driven by two key factors: Natural increase (the difference between births and deaths) For many decades, natural increase has been the major source of our population growth….
