The COVID-19 pandemic delivered a body blow to CBD retailers, but it’s just the latest of their challenges in recent years. They were already under pressure from cautious consumer spending, intense competition from online retailing and the growth of suburban “mega-centres”. Now, declining commuter foot traffic and an increase in people working from home present…
We’re almost at the end of another year. And what a year it’s been! 2020 started off with predictions of a fantastic year in property. Remember we were coming off the end of 2019 when property markets were very strong. Then the predictions changed to doom and gloom because of COVID. And it wasn’t just…
From buying a home to bankrolling holidays, the “Bank of Mum and Dad” remains open for business according to new research. Most adult kids fly the nest eventually, but for many, financial support from their parents remains ongoing. Finder research shows that almost half (44%) of Australian parents help their adult offspring out with expenses….
In my five year study of the rich, I got to be that fly on the wall. I asked each millionaire 144 questions, broken down into 20 categories. The insight into their lives completely changed my understanding of millionaires and how wealth is accumulated. My disdain for the rich morphed into an admiration. All of…
Let’s take a moment to acknowledge that the political sphere has generally stepped up during 2020. I concede that the usual argy-bargy of party politics is on display. You only have to look at the long running commentary being batted back and forth over the Victorian lockdown to see the acrimony on full display. But…
Property investors seem to have an easier time keeping up the mortgage repayments than homeowners. One way the Morrison Government built a bridge to get us across to the other side of the Coronavirus induced recession was to give mortgage holders a holiday ( a deferral) on their repayments. This initiative was scheduled to end in…
How do you pick the turning point of the property market? And are we there yet? With so many mixed messages in the media today, I’m going to spend today’s show explaining my thoughts about what’s ahead for the property market so that at the end of the show you’ll have a better idea of…
If you’re a poor negotiator, you’re going to spend a fortune, if you’re a good negotiator, you’ll save a fortune, if you’re a great negotiator, hopefully, you’ll make a fortune. Success in life depends upon your ability to influence. And I’ve just recently had my 9th book published – Negotiate, Influence, Persuade. In today’s podcast,…
If I had told you this time last year that we’d be in the midst of a global pandemic, with our borders closed, footballers playing in front of empty stadium, the AFL Grand Final was played at night in Queensland and Melbourne would be in lockdown for 3 months, there’s not a chance you would…
I’ve written a few blogs previously that describe the impacts of COVID-19 and border closures on population growth and change. The situation continues to evolve and the impacts differ by location. By far the most impactful measure implemented is the closure of the international border. This has effectively cut off the major source of population growth – net…