Over the past few years, Australians have been experiencing extreme rental stress as rents continue to skyrocket, especially in major cities like Sydney and Melbourne, placing immense pressure on low to middle-income earners. Single-parent families, low-wage workers, and older Australians on fixed incomes are particularly vulnerable to this issue. As the cost of living rises,…
Twenty-three-year-old, Ashleigh Petrie nominated her mother as the sole beneficiary of her super. However, Ashleigh’s 63-year-old fiancé was successful in claiming her full super balance after she died in a car accident. Ashleigh was in a relationship with her fiancé, Rodney Higgins for only 7 months (living together for four of them). This story highlights…
One of the most common questions I get asked is “When should I buy my next (or first) investment property?” But that question is pretty much like asking “How long is a piece of string?” There are a lot of variables to consider. It’s true, being a savvy investor is about timing. However, instead of…
Soaring electricity prices have made 15% of Aussies think about installing solar panels, a recent survey found. Another 6% were already weighing up the move, on top of the 28% who had panels. With costs falling, the average system size is growing rapidly. Households now typically install 8-10kW solar systems, often with a battery –…
If you’ve ever checked your bank balance at the end of the month and wondered “where did all my money go?” you’re not alone. 17 Saving Strategies That Actually WorkWatch this video on YouTube In fact, a 2016 survey revealed that nearly 60 per cent of the population doesn’t have enough money saved to handle…
There are so many property “advisors” and buyers’ agents out there, how do I know which ones to trust? We’ll cover this question in today’s Q&A podcast with Brett Warren, national director at Metropole. Whether you are just starting out and looking for guidance, or you have been investing for a while and want to…
We all want a stronger and more competitive economy in Australia, don’t we? The current state of globalization, digital disruption, and population aging is causing significant economic pressure on countries around the world. And as a property investor or business owner, this could hurt your bottom line. However, Australia has an ace up its sleeve…
Homeowners in Melbourne’s outer suburbs are the most financially stressed across Victoria, with around 500 households at risk of falling behind on their mortgage, credit bureau Illion predicts. The data shows that as of January, 67% of home loans in Victoria were more than 30 days overdue, which Illion predicts will rise to 70% thanks…
Last week, a prospective client asked me a very good question. They asked whether I have data that shows what investment returns my clients have generated. Whilst this sounds like a logical question, my response was that not only did I not have this data, but it also wouldn’t necessarily be that useful. The reason…
Most people want wealth, but few will do what is necessary to create it. Why do people want certain things, but they never take action to achieve them? What subconscious thought process causes a disconnect between desire and doing what is necessary to fulfil the desire? The reality is almost anyone regularly employed, from ditch-digger…