Australian property values will fall by up to a third! That’s the type of forecast that’s been going around for the last few months, in fact for the last few decades, and in the past have been easy to dismiss as they were made by overseas “experts” each trying to outdo the other with sensational…
There’s no shortage of speculation about how the global Coronavirus pandemic, which has seen cities the world over in partial or full lockdown, might impact city planning and development in years to come. Much of that speculation falls into the category of what USA President John F Kennedy once described as “the comfort of opinion…
Have you seen some of the headlines recently with regards to property prices? Some headlines have suggested our property market could drop anywhere from 20% – 40%!!. Admittedly, rather than opting for a balanced viewpoint, the media elected to take the word of the usual doom merchants. But it certainly made me think twice and…
Unemployment has been in the headlines a lot this week after the ABS released its April employment estimates. The ABS estimate 12,419,000 Australians were employed in April, down 594,000 on March. There were sharp falls for both full-time and part-time employed. The ABS estimate Australian unemployment increased by only 104,000 to 823,000 in April (6.2%…
The end of the financial year has now come and gone but investors still need to plan for the year ahead. Some investors look forward to this, while others try to ignore it for as long as possible. Why is that? In my experience, those investors who file their tax returns sooner rather than later…
Australia’s economy has all but ground to a halt since the coronavirus lockdown, leaving thousands across the country without an income. A key fallout of the economic crisis was the sudden destabilisation of the living situations of many Australians meaning the majority of renters in Australia are finding it harder to pay the rent due…
![[Podcast] We’re all in the same Coronavirus storm, but not in the same boat. Who will be hit the hardest? With Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/05/MY-podcast-178-coronavirus-demographics-270x200.jpg)
The coronavirus has clearly infected Australia. And it doesn’t discriminate rich or poor, young or old. I heard it said that we are all in the same boat. But it’s not like that. We are in the same storm, but not in the same boat. Your ship could be shipwrecked and mine might not be…
When will Australia be back in business? Maybe sooner than you think… It was a glorious sunrise down at Sunshine Beach this morning, and it’s become abundantly clear that Australia is getting back to business now. The tradies were out in force, the jackhammers were very active as renovation and construction has resumed, coffee shops…
Immigration has been a key driver of Australia’s population growth and economic growth, but what happens now that our borders are closed? According to ANZ banks Housing Market Update, closed borders will limit new arrivals and remove the largest source of population growth. Net overseas migration currently accounts for around 240,000 people or nearly two-thirds…
Everyone is aware that there’s a bit of friendly (and sometimes not-so-friendly) generational rivalry going around between the Baby Boomers and the Millennials, with a lot of spicy debate around which generation faces the biggest number of issues. Millennials think Baby Boomers inadvertently set them up to fail – while Baby Boomers believe their younger…
