The Australian economy came close to a standstill in the first three months of this year. March-quarter economic growth sank to just 0.1%, meaning that, when adjusted for inflation, there was hardly any more income, spending or production than the quarter before. Treasurer Jim Chalmers said the figures “laid bare” the weakness of the Australian…
There are 106 suburbs across Australia that are cheaper today than they were five years ago, new analysis shows, despite house and unit prices doubling at the same time. That’s one of the reports from Domain that I’m going to chat about today with Dr. Nicola Powell, Domain’s Chief of Research and Economics, and we…
As a seasoned property investor, I’ve witnessed firsthand the intricate dance of the property markets. Over the years I’ve come to appreciate that property investing is a complex affair and despite all the podcasts, blogs, webinars and so-called “advisors” the fact is that most investors fail to achieve the financial freedom they are looking for….
You might be surprised to learn that wrangling a couple of little monsters and working in real estate have an awful lot in common. With their unique set of experience and skills, it’s no wonder real estate agents make fantastic parents! And it’s not just because they’ll be able to help their kids get into…
Did you know people fall into one of three groups? Let me explain… Martin Seligman is a psychologist at the University of Pennsylvania. In one of his studies on happiness, he found that people fall into one of three categories: 1. Pleasure Seekers These are individuals who seek happiness on a daily basis. People in…
Australia’s $48 billion education industry, our fourth-largest export sector, is about to take a significant hit, and it’s all tied to three main reasons: inflation, housing pressures, and the upcoming election. You see…despite 13 interest rate hikes, one of the key drivers keeping inflation high is the influx of people arriving in Australia—either as permanent…
How many times have you driven past a property and said to yourself, “If only I had bought that property when it was for sale five years ago? Who wouldn’t have bought more properties 10 years ago if they knew they would have doubled in value as many well-located real estate have done over the…
In a world where a staggering 75% of will contests are successful, it’s clear that the final wishes enshrined in one’s will are not as final as they may seem. This rate of success tempts more family members to seek a greater slice of the inheritance pie. Legal actions for a share – or bigger…
Make sure to ‘die with zero’ for optimal happiness – that’s the idea behind Bill Perkins book – Die with Zero. In short, Perkins wants to rescue you from over-saving and under-living. So let’s dive into a challenging yet enlightening perspective on retirement, personal finance, and life priorities, inspired by Simon Kuestenmacher’s article in The…
Robert Kiyosaki’s Rich Dad real estate blog carried a great article giving some ideas about how to escape the rat race and develop financial freedom. While this was written some time ago and as you read them you may initially be surprised by the advice. On the other hand, if you’ve been following my philosophy of…