Building a property portfolio will establish your personal wealth and give you financial security throughout the course of your life but it is a goal that will require a disciplined, steadfast approach and above all, commitment for the long haul. There are no shortcuts! There are things you can do right now – and, in…
It costs nothing and nobody can sell it to you, yet it will determine your failure or success. What separates people who actually retire early and wealthy from the people who just dream about it? What’s the key ingredient that consistently and predictably determines how successful you’ll be at building wealth? The answer may surprise…
![Where are people working from home, and how could this reshape Australia’s cities and regions? [Interactive Map]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/12/remote-270x200.jpg)
COVID-19 has accelerated the transition to remote work globally. New data by SGS Economics and Planning shows the locations where Australian residents were regularly working from home before the pandemic. These are the locations where remote work may continue to scale in the future. This analysis is a step towards understanding how working remotely could…
Australia guards its AAA credit rating with care. Successive governments from both sides of politics have framed federal budgets with one eye on the economy and the other on what ratings agencies such as Standard and Poor’s will do. Just the announcement of a “negative outlook” as happened in April, makes news. Politicians, commentators and…
Nationally, housing market values did not see the large decline anticipated at the start of the COVID-19 pandemic. Though performance was mixed across the state and territories, the national housing market had seen a -0.8% decline in the June quarter, which deepened to -1.7% in the three months to August. However, in recent months the…
Are you waiting for a sign that the property market has turned? Well, I have 5 for you. If you thing about it most investors, economists, pessimists or otherwise, are keen to tip the turn of the market. Especially when that turn is upwards! It is almost like they are waiting for a bell to…
What happens when you dissolve a trust? Do you need to pay stamp duty and Capital gains Tax is you then transfer the trust’s assets to your personal name. That’s the question I was recently asked by a reader of Property Update – so here’s the Q&A Question: I bought a warehouse/office in the mixed-use…
Most of us are trained to believe success is inexorably linked to the attainment of goals. But this kind of success isn’t enjoyed for long because that moment of attainment is fleeting. We reach a goal and then it’s over the very instant it’s reached. Failure to replace the goal with a new one then…
![[Podcast] Why on earth are property prices rising + The elephant in the property market with John Lindeman](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/12/MY-podcast-230-WHy-are-prices-rising-and-elephnat-in-the-room-with-John-Lindeman-4-270x200.jpg)
It’s clear that we’ve worked our way through the COVID-induced recession and the resultant lull in our property markets has now turned the corner and the markets are on the move again. Property predictions are now coming thick and fast. One is that there’s an elephant in the room that most aren’t aware of. That…
As Reserve Bank Governor Philip Lowe warns that Australia’s recovery from recession will be “uneven” and “bumpy”, new data from Roy Morgan shows the financial impact COVID-19 has had on Australians and also shows how people who have suffered negative changes to their employment during the COVID-19 pandemic have fared far worse than others. Almost…
