Who do you ask for property advice? With so many mixed messages and vested interests, who can you really trust? Our annual Property Investor Consumer Sentiment Survey revealed the many and varied sources that property investors consult for advice. But since most property investors fail to achieve the financial freedom they deserve, and with less…
Who make better property investors – women or men? That’s the discussion I have today with Tom Corley in our monthly Rich Habits, Poor Habits Podcast Up till now the answer may have depended on who you asked (or what gender they were) but neuroscientists have uncovered evidence suggesting that, when the pressure is on,…
How long does it take you to commute to work? Is it really taking longer today than it did 5 years ago? The Grattan Institute recently released another great report on Australia’s urban landscape. To read the 87-page report go here. But for those of you that are time short, I have pulled together 10 things you need…
Restricting migration to regional areas is not a proper solution to rising congestion in our major cities. Federal Minister for Cities, Urban Infrastructure and Population Alan Tudge has proposed geographic or specialised regional visas as the answer to decreasing rising congestion in Australia’s capital cities, specifically Sydney and Melbourne. Under the government’s soon-to-bereleased population policy,…
There’s arguably no perfect time to have kids, but new research from finder.com.au shows thousands of Australian parents wish they’d been more financially prepared before having children. The survey of 2,013 parents with children aged 12 and under reveals 49% wanted to have more savings before starting a family. One in eight parents (12%) wished they…
Have you wondered what is depreciation and how a depreciation schedule can save you money? Depreciation is a powerful tool to help investors maximise their cashflow, minimise the holding costs associated with investing and minimise their tax. A lot has been written about various nuances within tax legislation and construction estimating. So I wanted to…
More and more examples of indiscriminate surveillance are coming to light – What can we do about it? Asks… Monique Mann, Queensland University of Technology We live in a post-Edward Snowden world, in which US tech companies have been accused of complicity in mass surveillance by the US National Security Agency (NSA). One recent allegation…
Is it too late to invest if you haven’t started before hitting the big four-zero? Not by a long stretch. Here’s how to go about it. When some people hit 40 they have a mid-life crisis, buy a sports car, or have an affair. But for others, the milestone might prompt them to make more…
There’s a misconception that being naive is a trait – something you are just born with. Not so. The fact is, naiveté is a habit. And a very bad one. According to my research, 27% of self-made millionaires in my study failed at least once. They had to pick themselves up from the financial gutter…
Ready to move into a new rental property? Don’t sign your life away on the lease agreement until you read our top eight questions to ask before your sign a new lease… 1. Can we conduct another inspection? Your initial viewing of the property was most likely a rushed affair, as you shuffled through behind…