The most practical and valuable advice on becoming rich comes from those who tried. Listen closely to those who have tried to pursue wealth. Their lessons are born from the fire of real-world experience. While most of the how to get rich advice I dispense comes from my Rich Habits Study and my books Rich…
Every year people complain about Easter eggs being in the shops already in February, it’s one of those perennial water cooler topics like the magpie swooping season. Tax time is no different and for my part, I wish I wasn’t droning on about the end of the financial year approaching every year, but my insatiable…
Investors need to stop being greedy if they want to make money … and stop losing it as well. It’s quite a simple formula … Those who take the time to do their research and consult with independent professionals, who put an emphasis on long-term capital growth, are generally by far more successful but those…
Westpac Bank seems to have given the market a scare by raising interest rates this week. Westpac will increase its variable mortgage rates to in its words “counter rising funding costs that are threatening the bank’s profit margins.” The bank said all variable mortgage rates will rise by 0.14% from September 19. The increase will…
In Australia the ‘gold standard’ data set for studying individuals and households is the Household, Income and Labour Dynamics in Australia Survey, more commonly known as the HILDA Survey. Data are the life blood of economists, social researchers and anyone else interested in understanding what is happening in society and HILDA’s insights are profound. “A key advantage…
Are interest rates going up? The perennial question. To be honest, the ongoing talk of interest rates and the property bubble, people telling me how hard it is to get into property (as they sip their latte and eat their smashed avo), is tiring! But guess what? It sells newspapers, gets on media and gets…
Immigration and light rail are both worthy topics of discussion, but it’s time to discuss a new monetary policy framework writes… Richard Holden, UNSW In the 2017 budget lockup – when Treasurer Scott Morrison announced his outrageous bank tax/heist – I heard one well-known journo remark to another “Boy, it’s a f…ing bad day to…
![[Podcast] How to Research the Property Markets Like a Professional](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/08/yardney-template-1-ep55a-270x200.jpg)
Have you ever wondered how property professionals do their research? If you’re interested in finding properties that will outperform the market, this episode is for you. The most research many property investors do is finding a property that they already like, then looking for information that confirms their biases. However, sophisticated investors take a more…
People think migrants are draining Australia’s resources – but if we were to cut down on migration, it would also make sense to introduce policies that limit numbers of international tourists, writes… Raja Junankar, UNSW Many who fear Australia’s population boom believe we should be cutting down on immigration. They blame immigration for congestion and…
What risks do our property markets face? That’s exactly what we cover in our recently released quarterly Residential Property Risks & Opportunities Report by RiskWise Property Research. Our objective is to provide you with a risk heat map of the residential property market and to provide a comprehensive review of the major risk factors. From…
