What is wealth? And how many Australians are wealthy? Well…the answer may surprise you. However, in today’s challenging environment brought about by the coronavirus, we are all probably reevaluating what true wealth is to us. If you followed my writings or podcasts you’ll know that I I’ve always thought that true wealth has nothing to…
The world completely changed a month or two ago. You’re socially distancing, you’re washing your hands a lot more, you’ve been sitting at home in quarantine for how many days now? Maybe you’ve lost count. How are you going to take advantage of this time? When you find yourself struggling through times of uncertainty, like…
Right now the coronavirus pandemic and COVID-19 are all anyone can talk about. You’re not alone if you feel overwhelmed or find yourself focusing on worst-case scenarios. So let’s take a second, breathe deep and look at some of the positive things going on in these strange times. We know how to slow the spread with social…
People are feeling worried, stressed and anxious in relation to the Coronavirus (COVID-19). Stuck indoors, worried about an uncertain future, concerned for their family or friends. It is understandable that during times like this that people may be feeling anxious and overwhelmed by the constantly changing alerts and media coverage regarding the spread of the…
Can you remember a more uncertain time over the last decade? I know I can’t. As every day goes by there are further updates and announcements for the Covid-19 virus and rarely is it good news. Sure, the time will pass, but the truth is nobody knows how long we will be in this holding…
So what’s ahead for our property markets in light of the Coronavirus issues? Are they going to crash like the stock market has? Is Australia going to fall into recession? These are obviously questions on the mind of many investors in light of the economic woes around the world and the uncertainty surrounding the coronavirus….
There are a lot of factors affecting the direction of our property markets, and consumer sentiment is a major driver. Not surprisingly a recent ANZ-Property Council Survey shows a deterioration in sentiment across Australia’s property sectors. Price expectations for residential property have turned around sharply from the positive outlook at the beginning of the year…
It’s hard to make predictions. Especially about the future. It’s even harder to predict the end point of a moving target. Yet, as someone who’s meant to know a bit about our property markets, I’m regularly asked how all this is going to play out? What’s going to happen to the property markets? Are house…
Did you know that as investors and even as entrepreneurs or businesspeople we can sometimes be our own worst enemy? It’s not because of the decisions we make, the opportunities we consider or the investments we miss out on, but rather, it’s due to the way we think. It’s because of our Cognitive Biases. You see,…
Imagine you just received a letter from the ATO advising they will be conducting an audit of your tax affairs. For many this is a daunting task and dare I say it; even a visit to the dentist is looking better. With an increasing number of ATO audits it is imperative that as a property…