There’s a story that Henry Ford was having problems with a generator in one of his plants so he hired General Electric (GE) to fix the problem. The engineer from GE climbed up on the generator and made a chalk mark and told Ford’s people to replace sixteen windings from the field coil. The job…
When it comes to investing your hard-earned cash, there are many investment options available – but my favourite is property. In my mind, if you want to develop financial freedom, you need to choose an investment vehicle that will generate wealth-producing rates of return. I know of no better option than property based on its…
An understanding of basic economic principles will set you in good stead to understand financial commentary, and political rhetoric and make your own assessment of economic risks and opportunities. That is not to suggest you need to become an economic expert but understanding some basic principles will go a long way. The foundation of economics……
There are few investments quite like buying a home. However, maintaining a property comes a close second, with regular upkeep required to ensure its value does not drop in the long term. This maintenance may be beneficial for a consistently comfortable living environment, but it is best used to enhance the curb appeal and resale…
Median prices have dropped in some of Australia’s posh neighbourhoods over the past year, but this doesn’t necessarily mean it’s a buyer’s market for those seeking a bargain. Nor does it mean that all properties in those suburbs have fallen in value. In fact amongst the myriad property statistics available these days median price is…
If you’re planning to sell your home adding value to your property doesn’t need to cost a small fortune. If times, and the purse strings, are tight then there are still things you can do to boost buyer appeal or even generate some more equity without breaking the bank. While a major renovation can add…
The recent decision by the RBA to raise interest rates may have surprised some people. While some argue that rates have already increased significantly and coupled with rising living costs, this could eventually control inflation, it is important to recognise the persistent threat that high inflation poses to an economy. Furthermore, central banks aim to…
Welcome to this month’s Big Picture episode of the Michael Yardney Podcast, where Pete Wargent and I dissect the multitude of macroeconomic factors currently shaping our housing markets and the broader economy. We analyze the recent interest rate hike by the Reserve Bank and dissect its ramifications on the housing markets and the broader economic…
Everyone knows that location is critical when selecting an investment property that will outperform. But what makes a good location and why are some locations better prospects than others? When I started investing around 50 years ago the emphasis for homebuyers was largely affordability and proximity to infrastructure. The outer fringes of our capital cities…
If you’ve ever wondered about the future of our housing markets and the prospects for property investment in Australia, or you’re curious about how post-pandemic life is going to shape our cities, then today’s episode is one you cannot afford to miss. I’m joined by Lailani Burra, CEO of. Id, who offers an eye-opening perspective…