When you were a kid, you probably thought being an adult was all about staying up late and not doing your homework. But now that you’re an adult, you know that there’s a lot more to it than that. Going to work, household responsibilities, paying the bills – and having your finances in order. And…
Workers right across Australia have been hit hard by the COVID-19 shutdowns, but some electorates have been hit harder than others. To find out the job-loss story electorate by electorate, at Grattan we use ABS data on the share of payroll jobs lost in each large sub-state region (called a Statistical Area 4, or SA4) between…
This tool will enable teams to build a shared understanding of their common purpose, as well as to generate a clear image of the future success they strive to achieve. Visioning is an important process in order to give all involved focus. Creating an effective vision becomes the means through which change can be implemented…
Will your investment property make you a TARGET for the tax man? Attention property investors: your friends at the Australian Taxation Office might be taking an a much closer look at your tax return than you will be comfortable with this year … Assistant tax commissioner Gavin Siebert said the tax office has made property…
HomeBuilder is a good idea gone bad. It is possibly the most complex and least equitable program the government could have devised to deliver construction jobs. It gives $25,000 to people who already own a home or already have enough money to buy one while delivering a minimal stimulus to extra construction. It isn’t a…
In 1935 sugarcane growers in Australia were battling the cane beetle. The adult beetle enjoyed eating the leaves of the sugarcane. The larvae hatched underground and ate the roots, which either killed or stunted the growth of the plant. Biologists, spurred on by previous successes, introduced a species to Australia that they hoped would eat…
What are property investors going to do in this Covid-19 affected property market? While our property markets are in general driven by home owner demand, investors obviously play important role in determining where property prices are headed. How these forces will play out moving forward was the subject of recent commentary by Westpac in their…
Many of the property pessimists were disappointed when Corelogic reported its latest monthly statistics. The CoreLogic home value index, covering the eight major capital cities, declined 0.5% in May, and while it was the first monthly fall since June last year, it showed how resilient our property markets are to the Covid-19 created crisis. In…
If you’re like me, you’re probably sick of hearing about coronavirus all the time, so good news! Today’s episode won’t be about the coronavirus. Instead, I’m going to teach you about wealth accelerators. If you don’t know what those are, you will know by the end of the show, and you’ll understand how wealthy people…
For Australians, the dream of owning a home is so entrenched that we practically begin daydreaming as soon as we can walk. From family trips to Bunnings to tackle a home reno, to Saturday’s spent wandering through open homes with mum and dad, we’re introduced to the concept of owning a home and making it…