Property investing doesn’t seem like it’d be all that difficult, right? You buy a place, jazz it up, rent it out and enjoy the returns. How could anyone make too much of a mistake? Right? If only it were that easy. In reality, there are actually plenty of different mistakes, missteps and errors that can…
Want to know a secret? When it comes to making money as a property investor, one thing is true: almost everyone can do it. The reality is, anyone who sets their mind to it and has a clear budget, strategy and purpose can be a successful property investor. That said, there are definitely some qualities that the most successful…
Are you wondering what’s ahead in property for 2023? Maybe you’d like to know what other Australian property investors plan to do. Well, that’s exactly what we discuss in today’s show as we unpack the results of this year’s Property Investor Sentiment Survey. You’ll hear what 1,900 Australians feel about our current real estate markets…
House prices, groceries, petrol, and even flights, Australia’s cost of living has gone through the roof as our economy tries to grapple with surging inflation. Our inflation rate is now over 5% for the first time since 2001 and isn’t showing any signs of slowing. In fact, Reserve Bank of Australia (RBA) Governor Lowe recently appeared…
Reserve Bank Governor Philip Lowe is getting terrible press, most of it undeserved. “Lowe Blow” and “Take a Hike” were two of the headlines on the front page of one of our newspapers. “We’ve had our Phil” was on the front page of another. His critics – the ones complaining about continual increases in interest…
Running your own business is challenging. Not only do you have to do the work, you have the do the work to create the work, the work to administer the work, and the work for the finances of the work. Unfortunately, there is no easy money for operators of the more than 2 million small…
Investing in property isn’t as straightforward as you might think, and if you don’t do it right, it could end up costing you a fortune. I always say: “Don’t let your emotions get in the way of your property investment decisions.” In fact, of all the common mistakes property investors make, this is where most…
I keep careful track of consumer confidence because it’s a good indicator of what’s ahead for our economy and property markets. And ANZ-Roy Morgan Consumer Confidence fell 1.2pts to 79.9 this week and is now a large 28.5pts below the same week a year ago, October 30/31, 2021 (108.4). In addition, Consumer Confidence has now…
Restrained spending has characterised the Albanese Government’s first federal budget. With Treasury forecasting annual headline inflation to hit 7.75% in the December quarter, key considerations for fiscal policy range include increasing productivity and moderating spending to minimise inflationary pressures. Various measures seek to increase labour force capacity, including upskilling workers through subsidised tertiary education, boosting…
Like is full of paradoxes. We’re told to treat every day as our last and live in the moment but on the other, “There’s no time like the present; time waits for no man.” So let me explain what I mean and why it’s so important to recognise the threat behind those fateful words –…