Mortgage Defaults Drop as Offset Balances Hit Record Highs – What It Means for Borrowers
It’s been two years of interest rate hikes, rising cost-of-living pressures, and constant warnings about mortgage stress. And yet, Australian homeowners are proving more resilient than many expected. The latest data from APRA’s Quarterly Property Exposure Statistics shows that offset…
Cyclone Alfred to cost budget $1.2 billion, hit growth and push up inflation: Chalmers
Cyclone Alfred will cost the March 25 budget at least A$1.2 billion, hit growth and put pressure on inflation, Treasurer Jim Chalmers says. In a Tuesday speech previewing the budget, Chalmers will also say that on preliminary estimates, the cyclone’s immediate…
Asset rich but cash flow poor? Coinvesting in property with your super could be the solution
In a previous blog, I compared the financial and tax effectiveness of investing in property through your super (with borrowings) versus investing in property outside of super or sticking with the traditional approach of investing your super in an industry super…
Is this the beginning of the property supercycle?
Key takeaways National property values have increased for the second consecutive month. A limited supply of properties for sale is creating intense competition among buyers. This supply-demand imbalance is pushing prices higher across the country. The combination of low supply,…
12 quotes from the masters
Here are 12 great vitamins for the mind from two great masters: Jim Rohn and Brian Tracy… 1. “I remember saying to my mentor, ‘If I had more money, I would have a better plan.’ He quickly responded, ‘I would…
How Cyclone Alfred is Shaking Up Brisbane’s Rental Market
Key takeaways Vacancy rates were hovering around 1%, making it extremely tough for tenants to find rentals. Even minor storm damage can displace tenants, putting further pressure on the market. Queensland is prone to extreme weather, and climate change is…
13 common mistakes home buyers make – and how to avoid them
Buying your next home can be a daunting task, especially if it’s your first home. It’s exciting but full of complexities. While it’s likely to be the largest financial transaction you will ever make, we’ve found that many home buyers…
How Do Banks Value a Property?
Property stakeholders often feel a little nervous about a bank valuer visiting. After all, valuers show up, poke around and then send a verdict to the lender about whether the price paid, or estimate made, ‘stacks up to market’. It…
Why They Don’t Work in the Real World
Many aspiring property investors are drawn to the idea of “no money down” deals—a dream scenario where you buy a property without using any of your own funds. It sounds too good to be true, right? Well, that’s because, in…
How the housing market has changed
Key takeaways One of the most significant factors five years on from March 2020 is how housing values have changed. Nationally, home values have been on a roller coaster ride, rising by a cumulative 38.4%, adding approximately $227,000 to the…
The Silent Mortgage Squeezing Aussie Homeowners—And It’s Not Interest Rates
Key takeaways Over the past decade, council rates have increased by 39% nationally, outpacing inflation and adding financial strain to homeowners. According to Money.com.au, council rates rose by 4.9%, higher than maintenance, utilities, and home insurance. With high mortgage repayments,…
Why We Must Shift From Reaction to Prevention
Key takeaways Australia struggles with housing affordability, a rental property shortage, an overburdened healthcare system, and climate change. Governments often address these issues reactively, stepping in only during crises, which perpetuates inefficiency and increases long-term costs. Preventative measures tackle problems…
How They Overtook Boomers in Property and Shares
For years, Baby Boomers have been the undisputed champions of wealth in Australia. They’ve been the generation with the most substantial property portfolios, the largest shareholdings, and the most secure financial futures. But now, a quiet revolution is underway. Generation…
The Miracle of Personal Development
One day Mr Shoaff said, “Jim if you want to be wealthy and happy, learn this lesson well: Learn to work harder on yourself than you do on your job.” Since that time I’ve been working on my own personal…
The most important piece of property data for the next decade you have NOT considered
If you’re a property nerd like me, and like to keep up to date with and continually analyse the data to make sure you’re making informed property decisions, there’s something you need to know. And even if you are not,…
Understanding the Hollowing Out of Australia’s Middle Class
Key takeaways The mid-sized Weet-Bix boxes in the cereal aisle are disappearing, and this is a metaphor for the hollowing out of Australia’s middle workforce, which is reshaping the way we work, earn, invest, and plan for the future. Australia…
Why Quality Beats Quantity in Property Investment
When it comes to property investment, the allure of buying multiple lower-cost properties with high rental yields can be tempting. But if you’re serious about building long-term wealth, the strategy of acquiring one high-quality, investment-grade property generally yields far better…
The New Victorian Rental Reforms: A Balancing Act or a Scale Tipped Against Landlords?
In the world of property investment, the winds of change have brought with them a set of rental reforms in Victoria that have sparked a heated debate across the state. Recently passed legislation aimed at making renting “fairer” for tenants…
Will 2025 Be the Year of the Investor? Mortgage Trends Point to a Shift
Have you noticed that property investors are surging ahead while first-home buyers and owner-occupiers take a backseat? The latest mortgage trends suggest this gap will only widen in 2025. With investor loans soaring, refinancing making a comeback, and interest rates…
9 Simple Rules of Property Investment
Key takeaways Financial freedom starts with spending less than you earn, saving wisely, and investing in growth assets. Capital growth is key—cash flow keeps you in the game, but capital growth gets you out of the rat race. Any property…
How to protect more Australian homes from the growing risks of floods, fires and other climate disasters
The cleanup is underway in northern Queensland following the latest flooding catastrophe to hit the state. More than 7,000 insurance claims have already been lodged, most of them for inundated homes and other structures. The Queensland floods are a reminder…
40 property investment lessons I learned in the last 4 decades
Key takeaways With the benefit of hindsight and knowing what you know now if you had the opportunity to do so, would you have bought an investment property 40 years ago? If I had a time machine I would warn…
Women lead the charge in Australia’s $5 Trillion wealth transfer
Women are set to be the primary beneficiaries of Australia’s intergenerational wealth transfer, claiming about 65% of nearly $5 trillion by 2034, a groundbreaking report by JBWere published in the AFR reveals. This shift is fueled by factors such as longevity—women…
Australia’s economy has turned the corner, and consumer spending was a big help
Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household spending and stronger exports. The Australian Bureau of Statistics’ national accounts report today said the economy grew by 0.6% in…
How Young Australians Are Transforming Suburban Living
Did you know that some Australian suburbs are undergoing a generational revolution? Across the country, certain neighbourhoods are seeing a dynamic transformation as younger residents move in, reshaping the cultural and economic fabric of these areas. This “generation shift” isn’t…
The Future of Australian Cities
Key takeaways Today’s outer suburbs (e.g., Tarneit, Officer, Marsden Park) will become the middle suburbs of tomorrow, just like Doncaster and Ryde did in past decades. Millennials moving to urban fringes today will shape these areas into mature, established suburbs…
7 Ways Australia Can Speed Up Home Construction
The great Australian dream has long since been to own a fully paid-off home. However, for many Aussies, this just seems so unattainable right now because the country is well and truly in the grips of a housing crisis. Rapid…
The Habits That Build Fortunes, with Brett Warren
If you’ve ever wondered why some people seem to climb the ladder of wealth with ease while others feel stuck in the rat race despite earning a decent living, today’s show is for you. In this show, Brett Warren and…
The two choices we face
Each of us has two distinct choices to make about what we will do with our lives. The first choice we can make is to be less than we have the capacity to be. To earn less. To have less….
What would you say to your younger self
When we are young, we think we know it all. We have our whole lives ahead of us, and the exuberance and energy to go after what we want. But our 20s can also be a time of great insecurity….
What Property Investors Need to Know
When you think about property investment, risks like interest rates or market downturns might come to mind. But here’s a sobering reality: by 2035, 1 in 10 Australian homes could become uninsurable. Yes, uninsurable. This isn’t just a “might happen”…
The 6 Reasons Why You Can’t Become Rich in Australia
Do you dream of becoming wealthy and achieving financial freedom? If so, then you might have wondered why some people are able to reach their dreams and get rich while others seem stuck in the same rut forever. The fact…
Lower Interest Rates to Ignite New Wave of Development
Exciting news for the Melbourne property market – the Reserve Bank of Australia (RBA) has just announced a reduction in interest rates. This move is expected to spark a wave of new residential property developments and attract a fresh influx…
The Dangerous Game You Shouldn’t Play!
Key takeaways The RBA has delivered its first rate cut 2025 and with it, property forecasts are popping up everywhere. But let’s be real, our past experience tells us to take these with a grain of salt. Our psychological makeup…
“Gut Feel” is a Dangerous Strategy in This Market
Are you lucky enough to be in the position to be able to consider investing and making the most of the opportunities in the current market? If you are, how are you going to make your decision? A word of…
Top Home Renovation Trends for Australia in 2025
Each year brings new opportunities to transform a home. Whether you’re looking to renovate a fixer-upper for profit or merely want to spruce up your own property, knowing what’s on trend can make or break your experience – and potentially…
Women under-represented in investment property ownership
Key takeaways Overall, there is strong parity in ownership between men and women with 64.4% of men and 62.7% of women owning at least one residential dwelling. However, women are under-represented in investment property, and many other assets, reiterating a…
I looked at 35 years of data to see how Australians vote. Here’s what it tells us about the next election
In the 2022 federal election, two demographics were key to the final outcome: women and young people. With another election fast approaching, will they swing the result again? To answer this question, I turned to the Australian Election Study (AES)…
Timeless Lessons for Investors and Business Leaders
Key takeaways Challenges like pandemics or financial crises are temporary. A positive outlook fosters resilience and better long-term outcomes for investments, business, and personal growth. Optimism, as Tali Sharot explains, reduces stress, boosts health, and enhances motivation. Significant disruptions—economic, political,…
The Truth About Flipping Houses in Australia
Have you ever thought of doing up an old property to on-sell and make a quick profit? Of course, this concept is often taught at property seminars and has recently been popularised by reality television shows like “The Block”. But…
Success is easy, but so is neglect
People often ask me how I became successful in that six-year period of time while many of the people I knew did not. The answer is simple: The things I found to be easy to do, they found to be easy not…
Growth patterns shift in select regional markets
Key takeaways Signs of a slowdown are emerging in select regional markets, with growth rates halving across Gladstone. Queensland and Western Australia markets, which have led recent regional growth, are now clearly losing steam. While some markets are cooling, others…
Population update 2025 – Expect 500,000 new people per annum
Strong population growth will increase housing demand, both to buy and rent. Australia’s population growth rose by some 550,000 last year. This likens to a 10,000 increase in the country’s population per week. This is 50% more than the annual…
5 Ways to Value a Commercial Property in Australia
Whether it is an office, shop, warehouse, or even a factory, some investors are attracted to commercial property for portfolio diversification or for positive cash flow. But the thing is, successful commercial property investment is a different niche. It requires…
Think You Can Predict the Property Market? Think Again!
Key takeaways Financial and property forecasts often fail to accurately predict market trends due to the complexity of economic and human factors. Rather than relying on predictions, investors should focus on preparing for various scenarios to ensure their investments withstand…
Brisbane housing market update [video]
Home values continue to trend higher across Brisbane, but the pace of gains has noticeably cooled. January’s 0.3% rise was the smallest since February of 2023 as higher stock levels, lower population growth and affordability constraints support a slowdown in…
How to Choose a Property Investment Advisor in Australia
Key takeaways The property market is filled with mixed messages and self-proclaimed “experts.” Many so-called “advisors” have little real experience but leverage personal branding on social media to appear credible. Property cycles matter—true experts have successfully invested through multiple cycles…
A Complete Guide to Property Investment in Australia
When it comes to property investment in Australia, there’s no shortage of information available about how budding investors can ensure success. Note: While many investors start out with the intention of making it big in real estate, only a handful…
The Growing Connection Between Cryptocurrencies and Stock Markets in Developing Countries
In recent years, cryptocurrencies like Bitcoin USD have changed how people think about money and investing, especially in developing countries. These digital currencies are affecting traditional stock markets in unexpected ways, creating new opportunities and challenges for investors and economies…
Top Tips for Agriculture Auction Success
At the time of writing, there are over 87,000 agricultural businesses in Australia, and a significant number of them got a foothold in the marketplace by purchasing machinery, equipment, livestock, and other essential items at reduced prices, from an auction….
Navigating the Unpredictable: Lessons from Past X-Factors
Key takeaways X-factors, also called “Black Swan events,” are sudden, unexpected occurrences with widespread consequences. Examples are GFC, COVID-19 pandemic, AI’s breakthrough in 2024, and RBA rate hikes. These events can disrupt industries, economies, and personal wealth-building strategies. Economic and…
5 investment questions to ask
There are a number of factors that I consider when contemplating an investment on behalf of my clients or for me, personally. I think it’s very important to consider a vast array of investment opportunities (or appoint an advisor to…
RBA RATE CUT: Decoding The Impact Of The RBA Rate Cut For Property Buyers and Sellers
Now that the RBA has cut the cash rate for the first time in 5 years what does this mean for our housing markets? In this round table discussion I’m joined by Dr. Andrew Wilson and Brett Warren as we…
7 reasons for property investors to feel positive about 2025
Key takeaways It looks like we’re going to have another good year in property in 2025. However, signs of softer market conditions emerged late last year, when the pace of price growth and auction clearance rates eased – and that…
RBA cuts the cash rate by 25 basis points
Key takeaways The RBA has cut the cash rate from 4.35% to 4.1% following the most aggressive rate hike cycle on record. With six-month annualised core inflation now within the RBA’s target range of 2-3%, easing cost-of-living pressures played a…
Where Do You See Yourself in 10 Years?
Here is a good question to ask yourself … Where are you going? Ten years from now, you will surely arrive. The question is, where? We don’t want to kid ourselves about where; we don’t want to kid ourselves about…
How Industrial Laser Cutting Technology Shapes the Future
Australia’s manufacturing sector is thriving, thanks in part to continuous technological advancements. Among these, the role of Melbourne laser cutting service providers has become pivotal in redefining production standards. With unmatched precision and efficiency, laser cutting technology has quickly become…
SMSF Structures: Corporate Trustee vs Individual
When you set up a self-managed super fund (SMSF) you need to understand what it is, and also what it isn’t. Firstly, an SMSF is a trust and, like all trusts, it’s not a legal entity. Therefore the fund needs…
27 motivational quotes from Albert Einstein
Albert Einstein was a theoretical physicist and among the most profound thinkers of the 20th century. Over the years Einstein’s name has become synonymous with genius. In his lifetime, Einstein changed the world, and in 1999, TIME named him Person…
10 Signs A Property Has Problems
Every property investment carries its share of risks, but few are as potentially devastating as unnoticed structural problems. These hidden foes can lurk in the bones of even the most promising properties, silently chipping away at your investment’s worth and…
7 ways the rich are getting richer, and how to join them
Key takeaways There are 7 key concepts for success. Property investment, financial fluency, and seeking professional help are among these concepts. We all know that the rich keep getting richer, but the question is how can we learn from them?…
10 things your banker won’t tell you
When I first started investing people had a personal relationship with their bank managers, but things have changed significantly over the last few decades. The fact is when you go into a bank, you are on your own when it comes to…
7 Critical Wealth Lessons You Must Understand
Key takeaways Many property investors have struggled to navigate the markets over the long term and achieve their financial goals. The majority of investors follow a flawed investment model. Investing from a place of ignorance is risky and can lead…
Repair or improvement — it matters which one!
Why is it important to understand the difference between a repair and an improvement to your investment property? The property investor is often grappling with whether an expense is a repair or an improvement. This is critical because a repair…
Why Smart Property Investors Should Care About Design (Even If They Don’t Think They Do)
The problem is, that many property owners don’t even realize this. They might not know the top furniture brands that hold real market value—brands like Edra, De Sede, and B&B Italia, to name a few. These aren’t just well-established names in…
[PODCAST] Crucial Interest Rate Insights You Can’t Afford to Ignore
Are rate cuts coming next week, and if not, when will we get them and how many will there be? In today’s conversation, Brett Warren, Dr. Andrew Wilson and I discuss these questions and the implications of potential interest rate…
How property decisions significantly impact your financial plan
CoreLogic reported that the total value of Australian property stands at an impressive $11 trillion, surpassing the combined worth of all listed companies on the Australian Stock Exchange by more than five times. Despite this staggering figure, financial advisors have…
Wealth Сreation Through Property Investment in Australia
Key takeaways Property investment offers low risk, accessibility, and consistent returns for everyday Australians. It provides a tangible way to build wealth and generate passive income, especially for retirement. Quality over quantity is crucial. High-performing, well-located properties often outperform large…
A Time-sensitive Expert Roundtable with Dr Andrew Wilson, Brett Warren and Michael Yardney on the upcoming RBA interest rate decision
Watch an exclusive, time-sensitive expert roundtable on the upcoming RBA interest rate decision. I’m joined by Dr Andrew Wilson and Brett Warren as we look at the case for and against. Don’t miss this in-depth analysis.
39 habits of highly successful people
Why are some investors so much more successful than others? While there’s no simple answer I can tell you it’s not because of the family they were born into or the school that they attended. In my experience, highly successful…
Missed Opportunity? Why Saying ‘Yes’ to Pets Can Boost Your Investment Returns
With 69% of Australian households now sharing their homes with pets, it’s clear that pets aren’t just a passing trend; they’re part of the family for many Aussies. From dogs (38%) to cats (29%) and everything in between, pet ownership…
The intrinsic value of land
One of the many myths that investors come across is that land has “intrinsic” value, which means that land must always be worth something. Let me explain why this concept is flawed… The notion that land has intrinsic value no…
Which housing markets could get the biggest boost from rate cuts?
Key takeaways Certain markets will see a bigger boost from rate reductions than others, and it may be because of market characteristics like price point, location and investor interest. CoreLogic estimates based on previous periods of rate reductions that national…
8 Property Investment Plans Examples
As the infamous Benjamin Franklin once said: By failing to prepare, you are preparing to fail. And it’s really the same for property investors – property investment is a process not an event and should always start with a strategic…
How long does it take for an investment property to cover its costs?
Key takeaways Before investing in property, you must understand how the cash flow of an investment property changes over time and ensure this timeline fits with your long-term plan. Property in an investment strategy is important to build your asset…
Which is the winner in the game if health? [Infographic]
One of the most common debates in cafes all around the world comes down to two of its most consumed products – Coffee vs. Tea. Yet whether you are the executive indulging in your 3rd espresso by 11 am or…
How the Property Market Rebounded in Record Time
Key takeaways The late 2024 property downturn lasted just one month before prices began rising in January 2025. This is one of the shortest downturns on record, defying expectations of a prolonged slump. Australia’s property market remains resilient despite short-term…
Australian Asking House Prices Tracker
Key takeaways Total listings rose by 4.5% for the month of January Year on year (January), total property listings rise by 10.3% New property listings recorded a large rise of 18.1% compared to January 2024. Canberra records largest lift in…
How to Sell Your Property Faster and for a Higher Price
Especially when you have a house of only a few square meters, it is imperative to know how to show it off to potential buyers: a piece of furniture by Cassina or Poltrona Frau would be more than enough to…
[PODCAST] 16 things I wish I knew when I started investing, with Brett Warren
I’m often asked what I would do differently if I could live my investing journey all over again. I’ve certainly made my fair share of mistakes along the way and paid huge “learning fees” because of them. However, instead of…
The age-bomb about to detonate in Australia
Key takeaways By 2038, Australians aged 85+ will double from 585,000 to over 1.2 million. Longer life expectancy and declining birth rates are creating a disproportionate aging population. Increased demand for age-friendly housing with accessibility features. Baby boomers “aging in…
Are these Wealth Retreat people really crazy?
Have you ever wondered why the world any normal, sane person would set aside 5 days and pay so much money to join us at Wealth Retreat 2025? And why a large number of them would pay to come back…
Why Australia Won’t Recognize Itself in 2034 – The Startling Population Growth Forecast Revealed!
Key takeaways Australia’s population is projected to grow from 27.1 million in 2024 to 31.3 million by 2034–35 and could reach 41.2 million by 2064–65. Growth rates will slow, declining from 2.1% in 2023–24 to 1.2% by 2034–35. Population growth…
[PODCAST] What 2025 Holds for Australia’s Property Market. Discover Ray White’s 10 Predictions
Today, I chat with Ray White’s Chief Economist, Nerida Conisbee, about her 10 predictions for our property markets for 2025 One or two of these may surprise you. Takeaways 2024 was a surprisingly strong year for property markets. Interest rates…
Are You Protecting Your Biggest Investment? Here’s Why Routine Inspections Are Non-Negotiable
Did you know that if you fail to conduct regular inspections at a rental property, it can lead to an insurance claim denial? Obviously, owning an investment property is a big deal—it’s not just a source of income but a…
The key to house design, setting price and making a sale
At this time of year, we typically have friends and relatives gathered around at our place. And I am always interested in observing where our guests, and we spend, most of our time awake whilst at home. In short, the…
Is Your Home the Right Size? The Growing Trend Putting Pressure on Australia’s Housing Supply
Is your current home the right fit for your lifestyle – or are you struggling to find a place that truly meets your needs? For many Australians, “rightsizing” has become the answer, as they search for homes that better align…
Where did my new year’s resolution go? 9 Strategies to Rescue Them
I bet you made some New Year’s resolutions. Most of us did because resolve comes easily on December 31st. But give it a few weeks and many of the resolutions you made might already be in disarray, compromised, or abandoned….
Why You Need To Change To Become Wealthy
Key takeaways Many people resist change because it pushes them out of the familiar and into the unknown. The subconscious mind prioritizes safety and stability, making it reluctant to embrace new, untested paths. Much of our hesitation stems from early…
Focus On What You Want and Never Focus On What You Do Not Want
One of the most fascinating discoveries made in the field of quantum mechanics is that everything in the universe is connected to everything else in the universe. They call this strange phenomenon quantum entanglement. Albert Einstein famously referred to quantum…
What to Expect This Year – Part 3
Key takeaways Inflation is likely to return to the RBA’s target range, paving the way for potential interest rate cuts in 2025. Borrowing costs will decrease but remain higher than pre-pandemic levels due to sustained demand-driven pressures. Investors should prepare…
How Much Do You Really Need to Earn to Afford a $1 Million Property?
With more suburbs reaching the million-dollar mark, many potential homebuyers are left wondering just how much they need to earn to join the million-dollar homeowners club. You may be surprised to learn that the salary required to buy a $1…
Is Slower Growth the New Normal?
Key takeaways 2025 is shaping up to be a better economic year than we have had in 2024. Slower aggregate house price growth in 2025 is expected, with individual city outcomes dependent upon relative affordability. Affordability was the reason that…
[PODCAST] The Habits of Australia’s Wealthiest Investors – Are You Missing Out? With Sarah Megginson
If you’ve ever wondered how to make smarter money moves, whether property is still the best way to grow wealth, or how to set yourself up for financial freedom, today’s show is for you. Sarah Megginson, personal finance expert and…
Winners and Losers in Australia’s Housing Market: A Deeper Dive
Key takeaways Australia’s housing market reflects deeper societal divides. While homeowners and investors continue to prosper, renters, younger Australians, and migrants face mounting challenges. Courageous policymaking and systemic change are essential to addressing these inequities and ensuring economic stability for…
A Guide for Investment Property Tax Depreciation in Australia
As an Australian property investor, you’re probably always on the lookout for ways to boost your returns and trim your tax bill. Well, here’s the thing: understanding investment property depreciation could be your secret weapon. This guide will walk you…
The five property predictions for 2025 that most experts will get wrong
Key takeaways Despite access to extensive data, many forecasts will miss the mark, largely due to unpredictable factors like investor sentiment. Investor sentiment, currently at historic lows, will remain a critical, yet hard-to-quantify, influence on market movements. Unforeseen events, or…
The Seasons of Life: Part 3
This week is Part Three of our three part series on The Seasons of Life. In Part One of the series we discussed: a) That life is about constant, predictable patterns of change. b) For all of us, the only constant…
Are High Interest Rates to Blame for the Rental Crisis?
Key takeaways Despite popular belief, rising interest rates aren’t the primary cause of increasing rents. The RBA’s research indicates that rent prices are determined by supply and demand, not by landlords’ mortgage costs. The main driver of the rental crisis…
What the Year of the Snake means for property
Key takeaways Yes – it will be the year of the Snake. This is likely to be a year of transformation and growth, where you may face challenges in your career and finances. But John Lindeman reminds us of some…
Property market expectations for 2025
Key takeaways While the Australian property market is expected to experience varied trends across different regions in 2025, factors such as interstate migration, loan volumes, and housing supply will play significant roles in shaping these outcomes. Demand is likely to…
Wealth is a Two-Step Process
Being rich is really about two things: Accumulating Wealth and Keeping the Wealth You’ve Accumulated When you study rich people like I have, particularly the self-made rich, you hear a lot of very inspirational stories about how ordinary individuals accumulated…
12 Fun Property Facts About Australia: Happy Australia Day
Key takeaways Beyond the stunning coastlines and bustling city life lies a land brimming with intriguing economic quirks, surprising demographic trends, and a property market that can turn heads around the globe. So, for Australia Day, let’s look at 12…
Do you keep doing what doesn’t work – financially?
Have you ever noticed how good we are at doing what doesn’t work? For some (OK, for me), it’s with our diet. For others, it’s relationships. For many Australians, it’s how they handle their finances. It’s interesting how otherwise intelligent…
What’s shaking up the housing market in 2025?
Key takeaways Interest rates might drop, but don’t expect a huge boom in home values or transactions. Lending policies and regulations will be key in how much impact lower rates will have. Unemployment is set to rise, but that won’t…
What lies ahead for our property markets in 2025?
Melbourne was the only capital city where property prices fell all last year, and Perth was the only capital city where they consistently rose. How will our housing markets perform this year? Property market analyst John Lindeman reveals which indicators…
Why Are Aussies Turning Their Backs on Apartments?
Key takeaways Despite the relative affordability of apartments, 84% of Australians prefer freestanding houses or townhouses. This demand isn’t met as new housing construction hasn’t kept pace with population growth, especially for detached homes. Since 2010, new housing approvals for…
[PODCAST] Property Forecasts, State by State from Dr. Andrew Wilson
What’s ahead for property in 2024? In today’s show I chat with Dr. Andrew Wilson who shares his expert analysis, highlighting which cities are poised for growth and which might hit a plateau. Together, we explore the various economic factors…
Easy Maintenance Tips to Keep Shut-off Valves in Pristine Condition
What an unsung hero, this shutoff valve, is: a controlling end on the plumbing works. These unobtrusive pieces take care quietly of the laborious control of water movement, when it becomes most important. Whether isolating a leaky faucet or mending…
Is Melbourne the New Affordable Rental Hub? A Look at Australia’s Shifting Market
Key takeaways Recent years have been marked by soaring rents, limited availability, and intense competition for rental properties. There’s some relief now as rent growth begins to slow, but the market remains fundamentally transformed. Median advertised rents across Australia have…
Key Economic Forces Shaping the Future
Key takeaways The RBA is likely to cut interest rates in the second half of 2025, but the timing depends on inflation and economic stability. Persistent inflation could delay these cuts, prolonging affordability challenges. Strong migration and natural population growth…
The Seasons of Life: Part 2
This week is part 2 of our 3-part series on The Seasons of Life. In Part One of the series, I stated: a) That life is about constant, predictable patterns of change. b) For all of us, the only constant…
10 Things the Media Got Wrong About the Housing Market and Economy in 2024
Key takeaways Despite predictions of a dramatic downturn due to rising interest rates, the housing market remained resilient, driven by strong population growth, low unemployment, and limited supply. While high rates stretched budgets, savvy buyers adapted, leveraging equity and making…
A Positive mental outlook sets you free; a Negative mental outlook is a prison that enslaves you
It is virtually impossible to become successful with a negative mindset. Negativity puts the emotional centres of the brain in control while shutting down the logical/analytical centres of the brain. When you make decisions using the emotional centers of the…
Here’s What To Expect From The Australian Property Market in 2025
Key takeaways National home prices dropped by 0.17% in December 2024 but remain 4.73% higher than 12 months ago and up 45.1% since March 2020 (PropTrack). Total value of Australian residential real estate is $11.1 trillion, with a low overall…
6 ways to teach your kids about money, according to Warren Buffett
Key takeaways Here are six of his best tips for parents wanting to help turn their toddler into the next Warren Buffett. 1. Start the conversation early. 2. Teach them the value of saving. 3. Give them a financial role…
All those people but nowhere to live
Australia’s housing shortage has reached critical levels with a deficit of over 200,000, and the gap between supply and demand in the housing market is only widening. A recent analysis by independent economist Tarric Brooker sheds light on just how…
Nope, coffee won’t give you extra energy. It’ll just borrow a bit that you’ll pay for later
Many of us want (or should I say need?) our morning coffee to give us our “get up and go”. Altogether, the people of the world drink more than two billion cups of coffee each day. You might think coffee…
How to Choose the Perfect Bali Villa for Your Lifestyle and Investment Goals
Bali has always been a dream destination for travellers across the globe. It is no longer questionable why the island has become the prime destination for luxury villa investment. That’s why choosing the right villa can make a significant difference…
Why Queensland Has Become the Hot Spot for Property Investors Over Victoria
Key takeaways For the first time, Queensland has surpassed Victoria as the second-largest property investor market, trailing only New South Wales. Investor loans in Queensland are growing at 24% annually, compared to Victoria’s 5%, signaling a significant shift in investor…
National rental market has “well and truly passed the peak of the recent rental boom “
Key takeaways The pace of national rental growth continued to slow in 2024, with rents up 4.8% over the year after surging 8.1% in 2023 Renters at the median household income were spending approximately 33.0% of annual pre-tax wages to…
Grattan Institute’s Brendan Coates on Policy, Migration, and Affordability
Today, I discuss Australia’s housing crisis in Australia with Brendan Coates, the Housing and Economic Security Program Director at the Grattan Institute. We explore what’s really driving the housing crisis, the impact of migration and tax policies, and why simply…
Refinancing a Mortgage – Smart Savings on Your Home Loan
Refinancing your mortgage can feel a bit like navigating a maze. It’s a big decision, with lots of financial jargon and options to weigh. But refinancing could save you money, and who doesn’t love that? Maybe you’re looking for a…
Why the Property Market Won’t Crash Despite Media Speculation
Key takeaways Mainstream media headlines about a “property crash” are exaggerated and aimed at attracting attention. While the CoreLogic Home Value Index showed a slight national decline (-0.1% in December 2024), house prices were up 4.9% nationally for the year,…
Exploring Reverse Mortgage Pros Cons – A Balanced Guide
Retirement can bring new financial challenges. A reverse mortgage is one option to explore. What are the reverse mortgage pros and cons? This guide explores the advantages and disadvantages of using your home equity. Understanding Reverse Mortgages A reverse mortgage…
The Seasons of Life | Jim Rohn
Life is about constant, predictable patterns of change. For the six thousand years of recorded history, as humans have entered this world, received parental instruction, and classroom instruction, and gathered the experience of life; many have set for themselves ambitious…
What would I do differently if I started all over again?
Key takeaways One of the most common questions I’m asked by beginning investors wanting to fast-track their success is: “Knowing what you know now, if you were to start all over again, what would you do differently to speed up…
Successful entrepreneurs prepare for the unexpected
If you’re a beach person like me, you no doubt have had this experience — in order to get to your spot on the beach, you have to trudge through a seemingly endless duration of scorching hot sand, carrying your…
24 lessons from 2024 you don’t want to forget now that we’re into 2025
Key takeaways We’re early into a new year, so it’s a good time to look back and remember some lessons to help make the rest of 2024 a better year for you as a property investor. Today I share 24…
A dozen inspiration quotes
I love motivational and inspirational quotes because they remind me of the importance of a confident attitude. Here’s another dozen quotes to get you inspired: 1. “If you have integrity, nothing else matters. If you don’t have integrity, nothing else…
3 Lessons I learned at Wealth Retreat
Key takeaways Opportunities to attend an event like Wealth Retreat are few and far between and not to be missed. The first exercise gave me a level of certainty as I no longer have to focus on the short term,…
Why you like coffee, and I choose tea – it’s in the genes
Do you drink freshly brewed coffee to start off your day? Or is a cup of English breakfast tea a better option for you? Your choice could be a result of your genes, and how they affect your experience of…
5 Must do New Years resolutions to grow, protect, and pass on your wealth from an Accountant
I’ve always believed that the start of every year is the ideal time to consider your wealth creation goals. So, why don’t you ask yourself this question: Will this be like most other years where good intentions are forgotten or…
What I learned last year that will make this year even better
How was your year in 2024? Knowing what you know now, would you do differently? I have been reflecting on what I can change ready for this new year and the most important words that came to mind were Gratitude…
Australia’s housing market has just entered a downturn – what’s behind the shift?
Key takeaways Home values are declining after nearly two years of consecutive growth, with CoreLogic’s national Home Value Index dropping -0.1% in December and signalling the start of a downturn. Although the national house price may have dropped for the…
Action vs Self delusion | Jim Rohn
Knowledge fueled by emotion equals action. Action is the ingredient that ensures results. Only action can cause a reaction. Further, only positive action can cause a positive reaction Action. The whole world loves to watch those who make things happen, and…
What to Expect This Year – Part 1
Key takeaways 2025 is a federal election year in Australia, with the Liberal Party, led by Peter Dutton, potentially poised for victory amidst economic dissatisfaction. A rising trend of votes for minor parties and independents (over 31% in the last…
Best Morgan Housel quotes for better finances (part 3)
Did you catch the first 2 parts of these amazing money lessons from Morgan Housel, author of the Psychology of Money, whose blogs regularly appear on the Collaborative Fund? If not, please read them here: And today, we continue further…
How to shift your mindset and create lasting wealth
Key takeaways Are you tired of the rat race and eager to discover the secrets of financial success? Have you wondered what the rich do differently to become…rich? Now just to be clear… not everyone who is rich is what…
Top 9 Money Habits of Self-Made Millionaires
My Rich Habits research has been covered by the media in twenty-seven countries. I’ve done my best to share that research with over thirty million people around the world through my books (Rich Habits, Rich Kids, Change Your Habits Change…
5 things you can do today to become more successful tomorrow
Key takeaways Do you know what is so interesting about success? When I look at people around me who are ultra-successful, it’s not that they’re any smarter.It’s not that they’re any more talented. They weren’t born with something special. Instead,…
How Shrinking Social Circles Reflect a Deeper Financial Strain
We often hear about rising interest rates, skyrocketing housing prices, and inflation biting into household budgets, but there’s another more personal cost emerging from the current economic climate—our social circles are shrinking. A recent survey by Finder highlights that around…
Trump’s Tariff Move Could Change the Game for Aussie Property Investors
What happens in America rarely stays in America. When Donald Trump, as President-elect, proposed tariffs on goods imported from Mexico, Canada, and China, it sparked debates about the potential ripple effects on global economies, including Australia’s. While these tariffs are…
Best Morgan Housel quotes to better your finances
Want to become better with your finances? Well, you could do a lot worse than learning from my favourite author, Morgan Housel author of the Psychology of Money and whose blogs regularly appear on the Collaborative Fund. Over the next…
The Importance of a Growth Mindset to Make You Better
To help you in making this a great year, I’d like to share with you the importance of having a growth mindset. I want you to think back…way back in time. Go back to the days when you were a…
Rental markets finish the year on a softer note
Key takeaways Rental markets finished the year on a softer note, with the national rental index up just 0.1% in the month of December to be 0.4% higher through the December quarter and 4.8% higher over the calendar year. The…
Some things that never change in a world that never stops changing
Today I’d like to discuss a few things that never change in a world that never stops changing. And that’s because the things that never change are the most important things to pay attention to. However, change gets the most…
How Much Does It Cost to Build a House in Australia?
Key takeaways The cost of building a new house in Australia has surged over the past few years as supply and trade shortages continue to weigh on the market. And at the same time, the construction industry has seen a…
A Balancing Act Between Migration, Growth, and Challenges
Key takeaways Migration has been central to Australia’s economic, cultural, and urban development. It helps counterbalance the challenges of an aging population, filling workforce gaps and supporting key industries. Australia’s appeal lies in its safety, high living standards, and abundant…
14 Life Changing Resolutions for the New Year
If you want to change your life, you must change your habits. Below I share some of the key habits to adopt for the new year along with some of the strategies to make habit change easier. Pick the ones…
9 reasons property is the best investment
Key takeaways Property investment gives you a multitude of options when it comes to growing the value and income of your property. Property investing is relatively simple if you follow a time-tested, proven investment strategy. The property market is less…
Which indicators are most important to property investors
Key takeaways There’s an endless stream of news articles discussing the economic factors that influence property prices, but it astounds me how often property price growth predictions miss the mark. Keep in mind that most buyers and sellers may not…
The 4 Levels Of True Financial Independence in Australia
Key takeaways Most people equate wealth to money, but that’s not how wealth works. You need a lot more than money to be truly wealthy. Financial independence is different to wealth. It means you never have to work again to…
Best Morgan Housel quotes for better finances this new year
We have reached a New Year again! And what better way to start than to have financial lessons from Morgan Housel author of the Psychology of Money and whose blogs regularly appear on the Collaborative Fund. So, here are 13 of…
Australia’s Birth Rate Hits Record Low – Here’s Why It Matters to You
Key takeaways Australia’s fertility rate has dropped to an all-time low of 1.5 children per woman, the lowest since 1935. This isn’t a short-term trend but a significant demographic shift that impacts the economy and society long-term. The high cost…
What’s Fueling the Investor Boom?
Key takeaways Queensland now accounts for 23% of all investor loans over the past year, closely trailing Victoria, which holds a slim lead at 23.3%. With Queensland’s continued momentum, it’s expected that the state will surpass Victoria very soon, becoming…
how older Australians are thriving amidst the cost of living crisis.
Key takeaways The economic landscape is deepening the financial divide between older and younger Australians. However, with strategic financial planning and lessons from previous generations, younger Australians can navigate these challenges and build long-term wealth. The dynamics between intergenerational wealth…
Sydney Housing Market Trends & Predictions
Key takeaways If you think Sydney is already full, it’s going to get more crowded in the next 10 years. NSW will have nearly 1 million more people by 2034, with more than 650,000 of them living in Sydney and…
Dispelling 20 Australian Real Estate Myths
Key takeaways While many Australians are keen to invest in property to secure their financial future, the statistics clearly show that most investors fail to achieve their goals. More than half of those who buy an investment property sell up…
Plunger, espresso, filter? Just because your coffee is bitter, doesn’t mean it’s ‘stronger’
Coffee – one bean with many possibilities. A big choice is how to brew it: espresso, filter, plunger, percolator, instant and more. Each method has unique equipment, timing, temperature, pressure, and coffee grind and water needs. Our choices of brewing…
What Would Warren Buffett Say About Investing in the Melbourne Property Market?
Key takeaways If Warren Buffett, arguably the world’s most successful investor, were evaluating the Melbourne property market today, he’d likely see opportunity amidst its recent under performance. Be Greedy When Others Are Fearful: Use current market hesitations to secure valuable…
What 2024 Taught Us About the Property Market
Key takeaways Property prices rose 5.5% nationally, reflecting a shift to more sustainable growth compared to the higher 6.9% increase in 2023. Buyers enjoyed more time and options, with median days on the market increasing from 27 to 34 days,…
Australians Are Ready to Punish Politicians Who Fail to Tackle the Housing Crisis
Key takeaways The housing crisis is now a deeply personal issue for millions of Australians, with affordability and availability at critical levels. With a federal election looming, housing affordability is poised to dominate as the defining issue, with voters demanding…
Wherever you are, be there
One of the major reasons why we fail to find happiness or to create a unique lifestyle is because we have not yet mastered the art of being. While we are home our thoughts are still absorbed with solving the…
Lessons from the Wealth Building Report
Key takeaways The average Australian household net worth has reached $1.58 million, placing the nation among the top five wealthiest globally in average wealth per adult. This growth reflects a robust economy but also highlights a stark wealth divide. 13%…
12 Ways to Turn On Your Happiness Genes
Is happiness genetic? Is it predetermined? In 2017, Vrije Universiteit Amsterdam, in the Netherlands, published a paper that, for the first time, linked genetics to happiness. In the study of nearly 300,000 people, the researchers, led by Meike Bartels, found…
Must watch Christmas Lights “Gangnam Style”
The custom of Christmas lights goes back to when Christmas trees were decorated with candles. These were brought by Christians into their homes in early modern Germany. Christmas trees displayed publicly and illuminated with electric lights became popular in the early 20th century. Nowadays we…
Melbourne Property Market Outlook 2025
Key takeaways The Melbourne housing market has not performed as strongly as other capitals over the last few years, but Melbourne’s property values are expected to play catch up over the next year or two. Melbourne has been constrained by…
The 50-Year Surge in Property Prices
Key takeaways In the last 50 years, house prices in Australia’s capital cities soared by 3,435%. Meanwhile, wage growth only increased by 1,183%, creating a substantial gap between incomes and property prices. Decades of low borrowing costs stimulated property demand,…
15 habits that transformed 177 average people into self-made millionaires in just 12 years
Your daily habits are the reason you are rich, poor or stuck in the middle class. They are the reason you live in the house of your dreams or a shack. 40% of all of your daily activities are habits…
How Australia’s Property Market Changed in 2024 – in 10 charts
Key takeaways Property prices grew every month in 2024 despite high interest rates, but growth slowed in the latter half due to affordability issues and more homes hitting the market. Strong net overseas migration and smaller household sizes continued to…
10 best inspirational quotes to start your week
Here are 10 inspiring quotes about getting starting and building things-from people who’ve actually done it. 1. “If everything seems under control, you’re just not going fast enough.” Mario Andretti, champion race car driver. 2. “Your income is directly related…
Dispelling the property myth that you make money when you buy your property
Key takeaways There’s a myth that you make your money on a piece of real estate when you buy it, but even the experts can’t predict the absolute bottom or peak of the market. Right now many property markets across…
Why Densifying and Gentrifying Our Middle Ring Suburbs Is the Solution
Key takeaways It’s no secret that Australia’s major cities are facing a housing crisis, but the “missing middle” – medium-density housing options like townhouses, duplexes, and low-rise apartments – are conspicuously absent in many of our capital cities. The rigid…
How AI is changing a real estate in Europe
How AI is changing a real estate in Europe is a hot topic these days, and it’s reshaping how we buy, sell, and manage property like never before. From smart algorithms that predict market trends to chatbots handling inquiries at…
Shocking Homelessness Figures Demand Urgent Government Action
Why are so many Australians left without a place to call home? The latest homelessness data released by the Australian Institute of Health and Welfare (AIHW) paints a stark picture of an issue that’s no longer confined to society’s most…
International Students Aren’t the Culprit in Australia’s Housing Crisis – Here’s What Really Matters
Why are we blaming international students for Australia’s housing crisis? In recent years, as housing affordability has worsened across Australia, international students have been thrust into the spotlight as a scapegoat. It’s an argument that’s tempting in its simplicity: more…
[PODCAST] Property Winners, Losers and Predictions for 2025. A Big Picture Guide with Pete Wargent
In this “Big Picture” episode of my podcast I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views, and we discuss the clues in the news as to what’s ahead for our economy…
The Truth About Australia’s Middle Class: A Society in Crisis
Key takeaways Australia’s once-thriving middle class is diminishing, with society shifting from a bell curve (dominated by a strong middle class) to a U-shape, marked by a growing lower class and an expanding wealthy elite. The decline of the middle…
[PODCAST] What Will 2025 Bring for Australian Real Estate? Your Big Picture Guide with Pete Wargent
In this special end-of-year episode of the Michael Yardney Podcast, we take a step back to reflect on the rollercoaster that was 2024 in the housing markets and gear up for what promises to be an equally fascinating 2025. And…
Sydney housing market update [video]
With values flattening in September and falling in October and November by 0.2%, it looks like Sydney’s housing cycle has turned. The two consecutive months of decline follow a 16% rise in values since the cycle commenced in February last…
Where do you go for your intellectual feast?
Pity the man who has a favourite restaurant, but not a favourite author. He’s picked out a favourite place to feed his body, but he doesn’t have a favourite place to feed his mind! Why would this be? Have you heard about…
What Does 2025 Hold for Australia’s Property Market? Discover Ray White’s Predictions
Key takeaways Interest rates are likely to ease, boosting buyer activity and improving affordability. House prices will continue rising, albeit at a more subdued pace, driven by migration and undersupply. Luxury property markets are growing beyond Sydney and Melbourne to…
Stress Can Be a Good Thing or a Bad Thing
Imagine you’re part of a group of cavemen, walking through the tall grass in the Savanna on the hunt for your next meal. Suddenly, a member of your group catches a glimpse of a lion out of the corner of…
Do They Have A Conflict of Interest in Australia’s Housing Crisis?
Key takeaways A significant portion of Australian federal politicians own multiple properties, with over 40% owning three or more. This has sparked public debate about whether politicians benefit from the housing market they are tasked with regulating. While 40% of…
Thinking Like a Farmer | Jim Rohn
One of the difficulties we face in our industrialized age is the fact we’ve lost our sense of seasons. Unlike the farmer whose priorities change with the seasons, we have become impervious to the natural rhythm of life. As a result, we have our…
Are all those other property investors crazy?
Key takeaways Australians spend $1.9 billion on lotto every year, and 76% of them play the lottery. They may be misinformed, bad at maths, persuaded by clever marketing, or have no idea what they’re doing, but they must make sense…
How the Youngest Generation is Shaping the Future
Key takeaways Gen Z is the first generation to grow up entirely in a digital world, fostering tech-savviness, immediacy, and global awareness. Gen Z openly discusses mental health and expects support for it in workplaces. This emphasis encourages open dialogue…
Don’t fall for this investment trap!
Key takeaways One of the most challenging yet crucial aspects of property investing is having a solid strategic plan and adhering to it without wavering. Property investment is a long-term commitment, not a path to instant wealth.Unlike what reality TV…
Here are 10 reasons why you’re broke
Life is expensive. The cost of living seems to be increasing almost as swiftly as Sydney’s house prices, and it can be a struggle to keep your head above water financially, let alone prosper. But do you want to know…
A year of waning demand, rising supply and waiting for interest rates to fall
Key takeaways The Australian housing market demonstrated surprising resilience throughout 2024, but slowed toward the end of the year. The bottom quartile of national market values rose 10.3% in the past 12 months to November, far outperforming the middle of…
Dr. Andrew Wilson’s Predictions for 2025
It’s customary at the end of the year to look back at the year that was and then look forward to making some predictions for our housing markets for the year ahead and in today’s show Dr Andrew Wilson and…
How Demographic Shifts Will Reshape Australian Housing Markets
Key takeaways Family formation, midlife career shifts, and retirement are pivotal life stages shaping housing demand. Understanding these shifts enables investors to identify high-performing, investment-grade properties. Housing trends require infrastructure like schools, transport, and healthcare. Urban planners must prioritise medium-density…
The 1% Will Always Control the Wealth Because They Know How
I just finished reading an article complaining about the rich. The author was upset at the fact that 1% controlled 82% of the wealth in the world. In the author’s mind, there was something inherently unfair about this. The author,…
No gift of rate cuts from the RBA this December
The hopes for a December rate cut were slim leading into today’s meeting, with financial markets giving just a 6% chance of a rate cut in December. That’s not surprising given the rise in the monthly inflation indicator through October…
Being Fruitful | Jim Rohn
Over the years I’ve learned to challenge my audiences to turn their response to the ideas and information they receive into results. According to the Christian story, the first couple, Adam and Eve, was instructed to be fruitful – produce…
9 biases that property investors must overcome
Without always knowing it, property investors are pre-programmed with a range of biases that may cause them to interpret information incorrectly and thus undertake sub-optimal investment decisions. Let’s discuss 9 of the key biases that Australian property investors must overcome……
Why 7 in 10 Say It’s Worse Than Ever
This Christmas, many Australians won’t just be decorating their homes—they’ll be struggling to keep them. New research commissioned by Master Builders Australia, reveals the staggering depth of Australia’s worsening housing crisis. Among 1,600 voters surveyed, 90% believe it’s difficult to…
My Worst Investment Loss Exposed!
Key takeaways Losing investments can be great teachers. Nobody starts out as a great investor. Property investing is a learned skill. Every investor makes mistakes – Losses are a natural and normal result of making investment decisions Sometimes your best…
Australians still feeling pain in the hip-pocket but there are positive signs of growth ahead
Australia’s economic growth remains in the slow lane, at only 0.3% for the September quarter, keeping Australia close to recession territory. However, the national accounts data released on Wednesday by the Australian Bureau of Statistics (ABS) puts growth slightly higher…