Today, the 10 richest people in the world control $1.3 trillion in wealth. This scale of wealth is equal to approximately 1.4% of the world economy, Amazon’s entire market cap, or spending $1 million a day for 3,000 years. In fact, it’s double the amount seen just two years ago ($663 billion). As billionaire wealth accumulates at…
If you want to increase the rental yield on your investment property, there are proven strategies to bring in a higher rent without driving tenants away. With the right improvements, landlords can increase the amount they charge for rent, but there is a fine line between improvements that can increase rental income and those which…
Want to be successful in life? Whether it’s with your property investments, personal life, profession, or business, life will throw you challenges. Just look at what’s happened to us over the last couple of years. So, allow me to let you in on a little home truth: It takes a special kind of fortitude to…
Am I too late? Has life passed me by? Is it wrong to want a better life? What the hell is wrong with me? These are the questions I struggled with this time two years ago. I’d become a cliche; sitting there on the toilet at 2:00 am, thumbing my phone for answers: “How to…
Digital real estate in the virtual metaverse is fast becoming the hottest property on the market and is tipped to boom in value within just a couple of years. Here’s everything you need to know about metaverse real estate – the costs, the investments and the risks. What is metaverse real estate? The metaverse is…
The new government has inherited an extraordinarily difficult budget situation. The budget deficit amounts to 3.5% of gross domestic product this financial year and it will be almost as high next financial year at 3.4%, after which the budget papers project deficits for the entire ten-year forecast period. At the same time, the unemployment rate…
As our population grows, and it surely will, this will place an increasing demand on our infrastructure and maybe we won’t be able to keep up. Of course, it’s much more than just being stuck in the traffic or wedged in overcrowded public transport just to get where you need to get to, according to…
If you’re a property investor, today’s episode is a must. Why? Because the taxman is after you – you and all property investors. It’s not long until tax time and the Australian Taxation Office is already preparing its so-called “hit list” of priority areas due for a crackdown in the 2021-22 financial year. Property owners,…
We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved around via bank transfers, debit cards and credit cards. Late last year Treasurer Josh Frydenberg promised to consult…
What are the big influences in our property market today? The main one is one you probably haven’t thought about. We often talk about price growth and supply and demand and the economy, but the one I’m going to share with you today may change the way you think about buying your next investment. So…