Mum’s the word for most Aussies when it comes to financial advice reveals new research . A recent Finder.com.au survey of 1,006 participants found that Aussies are twice as likely to turn to a relative for financial advice (42%) than they are a financial advisor (20%). One in four (26%) would consult Google, while 20%…
Richard Branson was not a good student. He struggled with ADD and dropped out of Stowe School, a very prestigious, private boarding school in England, in order to pursue his dream of publishing his own magazine, which eventually grew into a mail-order record business, known as Virgin Records. Today, Virgin Group encompasses 400 businesses around the…
![[Podcast] Australian Housing Market Update – October 2019 with Dr. Andrew Wilson - PROPERTY INSIDERS](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/10/MY-podcast-Australian-Housing-Market-Update-October-2019-270x200.jpg)
Australia’s housing markets have clearly turned the corner. The housing market recovery in our two biggest cities, Melbourne and Sydney, gained pace with property prices increasing over the last month. Buyers are back making plans, looking at properties and approaching their lenders for finance. They are buoyed by falling interest rates and the prospect of…
You may have been misled. You see…a rash of popular reality TV programs have highlighted the easy money to be made in property renovating, which may have led you to believe that renovating is an easy and surefire strategy to generate profits from property. But the reality is, renovating won’t always make you money. In…
It happens every time the property cycle turns and the media delivers good news about property. Property spruikers come out again taking advantage of naïve property investors. Recently the Australian Financial Review reported that property investors are being offered “no deposit” townhouses in outer suburban areas such as Pakenham, a satellite suburb about 60 kilometres…
The last decade has flipped the world of lending on its head. In days gone by, banks lined up to give you money; now, they’re so tightly bound by APRA regulations that their initial stance is closer to “no” until you prove yourself worthy of a “yes”. To make a tough situation even more difficult,…
Australians’ need for smaller and more diverse dwellings is growing – the planning system is not providing enough of this housing, and self-serving opposition to it should be resisted, writes … Roberta Ryan, University of Technology Sydney Australians need greater housing diversity to meet their current and future housing needs. Yet increasing diversity, and meeting…
We are a nation obsessed with home renovations. Just take a look around at your own street or suburb, or turn on the TV to see the number of home makeover shows on offer. Housing Industry Association research shows that house-proud Australians are expected to have spent more than $30 billion on renovations in the…
![[Podcast] Investing differently in a low-interest-rate environment with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/09/MY-podcast-131-low-rates-270x200.jpg)
Are you enjoying the low-interest rates at the moment? They’re likely to get lower over the next year or so, and remain lower for a decade or longer. But what does this mean for property investors? What are the implications for property and other asset classes? What does it mean for your returns? How should…
In changeable market conditions, valuers have almost become like bank managers were in the “old days”. Once someone has bought a property and applied for finance, they often wait nervously to see whether the valuation stacks up to the price that they have agreed to pay on the sales contract. Of course, for those poor…
