The Albanese government decision to revise the Stage 3 tax cuts has ignited a political firestorm. The government argues revising the plan to give bigger tax cuts to low-and middle-income earners struggling with the cost of living justifies breaking an election promise. The opposition says the changes will make bracket creep worse in the long…
As Australia’s population ticked rolled over to the 27-million mark last week, a milestone we’ve hit a staggering 30 years ahead of schedule, the ramifications for our housing, infrastructure, and urban planning are profound. The Treasury’s Intergenerational Report of 2002 had us pegged at a more modest 23.4 million by now; however, we’re not just…
Have you ever experienced that situation where you want to get into the property market or add to your portfolio, but the planets just are not aligning? You may start to feel a bit stressed because house prices are booming and that first or next rung on the property ladder seems to be getting harder…
With Australia’s population growing rapidly, it makes sense to aim to increase housing supply. However, the government’s plan to build 1.2 million new homes in the next 5 years really doesn’t sound realistic. Here are unfortunately many reasons why housing supply just won’t keep up with population growth in the near future. Let’s look at…
We lionize successful entrepreneurs such as Steve Jobs, Elon Musk, Bill Gates, Henry Ford and Thomas Edison. They inspire and motivate us to pursue greatness. We study them in order to learn their secrets to success. When we peel the onion on their success, common factors such as pursuing a dream, having a clear vision,…
![[Podcast] Investment Face-Off: Apartments vs. Houses, Who Wins in Today’s Market? With Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/505-MichaelBrett-podcast_image-08-270x200.jpg)
Is it better to invest in a house or an apartment? That’s an age-old question, but not one easy to answer. In fact, a few things have happened over the last few years that have caused investors to increasingly shy away from investing in apartments. So today, I’m going to discuss this topic with Brett…
Why do I suddenly owe tax this year? This is one of the most Googled questions in Australia right now. And rightly so. Ever since Australia’s transition to self-assessment for income tax returns, we have been primed to expect an annual refund. That’s by design. Thinking we will get a refund acts as an incentive…
A lot has been written about the good fortune of ‘baby boomers’ in that, overall, they have enjoyed a long period of economic, share market, and property market prosperity. Whilst they haven’t enjoyed the full benefit of compulsory super (which only began in 1992), other assets such as property have certainly compensated for that. This…
Victoria has led the states and territories in setting out a detailed housing statement that it says will help tackle the state’s housing shortage. Broad in scope and ambition, the plan includes new dwelling supply targets for Melbourne and regional Victoria, new fast-track deadlines for dwelling approvals and legislative reforms to protect private tenants. There…
The cul-de-sac is a suburban trap. It’s virtually useless as a road, doesn’t support public transport, cycling or walking, and doesn’t work well as a play or gathering place. Its literal translation from French is “bottom of a sack” – which sounds a lot less glamorous, you’ll agree. And yet we persist with them. The…
