Melbourne housing market update [video]
Melbourne home values recorded a 10th straight month of decline in January, down 0.6% to be 3.3% lower over the past 12 months. Since peaking in March of 2022, Melbourne home values have now fallen by a cumulative 6.9% or…
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…
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…
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…
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…
Step-by-Step Guide to Recovering Your Home
Water damage can be a homeowner’s worst nightmare, whether it’s caused by a burst pipe, flooding, or a roof leak. Taking quick action is crucial to minimizing damage, preventing mold growth, and restoring your home efficiently. Here’s a step-by-step guide…
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…
The Latest Rental Vacancy Rates around Australia
Key takeaways In a strong sign Australia’s rental crisis refuses to subside, Australia’s residential dwelling vacancy rate declined to 1.0% in January 2025. This is down from 1.6% recorded in December 2024. The total number of rental vacancies fell sharply…
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…
First Home Buyers Outpacing the Market: What’s Driving the Surge?
Sure, there’s been a lot of talk about the challenges being experienced by First Home Buyers (FHBs) but the latest Mortgage Insights Report by Money.com.au reveals groundbreaking trends in the September 2024 quarter, highlighting their growing influence and adaptability. From…
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…
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…
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.
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…
How Fencing Can Boost Rental Yield – Smart Investment Strategies for Property Owners
Discover how installing the right fence can increase rental yield, attract tenants, and enhance property value. Learn key property investment strategies for 2025. Investing in property isn’t just about location; strategic upgrades can boost rental income and attract quality tenants….
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…
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…
How to Spot a Fake Property Investment Expert in a World Full of Imposters
With the Australian property market performing strongly over the last few years, property investors are becoming more eager to get their slice of the pie, and an increasing number of so-called “property investment experts” are coming out of the woodwork….
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…
Why Your Older Home Could Be Costing You More Than You Think
Did you know that more than 80 per cent of Australia’s houses have less than half the energy efficiency rating of homes built to today’s standards? That’s a staggering statistic, but it also highlights a growing issue for homeowners and…
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…
Welcome Gen Beta
The year 2025 marks the beginning of a new generation, in Generation Beta. Simply put, Generation Beta is defined as those born between 2025 and 2039. Generation Beta will be born from 2025 to 2039 By 2035 they will make…
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…
Think We’re Building Enough Homes? Think Again
Is Australia on track to meet its housing goals? Well, the latest data says…not quite. According to the latest PropTrack New Homes Report (January 2025), while there’s been some progress, we’re still falling short of the ambitious 1.2 million new…
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…
Expect the unexpected from property in 2025
Key takeaways Wouldn’t it be great to know how our property markets were going to perform this year? The property pessimists are out again telling us property values can’t keep rising, but, while it will be a year of 2…
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…
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…
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….
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…
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…
Newer homes twice as energy efficient as older homes
Key takeaways The typical home built in 2010 or later is twice as energy efficient compared to homes built before 2010 The ACT is Australia’s most energy efficient state, while Sydney and Hobart fail to make the list The region…
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…
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…
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…
New dwelling approvals are still falling short
New dwelling approvals – whilst up 6% on last year – remain lacklustre. Some 168,000 new dwellings were approved over the past twelve months, most of which (110,000 or 65% were detached houses) and 58,000 were attached dwellings. Nearly half…
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…
How to Outsmart the Scammers Targeting Australians
In a world where our lives are increasingly intertwined with digital technology, the threats to our financial security have evolved just as rapidly. While the internet has made it easier than ever to manage our finances, it has also opened…
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…
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…
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…
15 common landlord mistakes it pays to avoid
The most successful property investors have a number of tools in their landlord kit bags. One of the most important of them all is using professional property managers to do the heavy lifting for them. That’s because, to create significant…
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…
Beware of Who You Trust for Property Investment Advice in 2025
In today’s ever-changing property market, it’s never been easier to get lost in the sea of conflicting opinions. If you scroll through social media or attend a property webinar, you’ll find a new wave of so-called “experts” and buyers’ agents…
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…
Future-proofing your children’s ability to buy property
It’s very common for parents to worry about whether their children will be able to afford to buy into the property market, and we get asked about this regularly. There are several complexities involved: some financial, and some more related…
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…
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…
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…
Investing in property in the outer suburbs — should you do it?
Some buyers’ agents promote investing in more affordable locations (i.e. outer suburbs). I can understand why some investors might be attracted to follow their advice. But it’s not until you delve into the theory and evidence that it becomes blatantly…
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…
7 Crucial money lessons every parent must teach their child
Money regrets – we all have some. We’ve all made financial decisions we would ‘undo’ given half a chance. It might be the under-performing property we wished we’d passed on or that great property we wish we had really chased….
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…
31% of companies are not paying tax in Australia. How do they do it?
Large companies paid the Australian government a record A$100 billion in tax in the last year, a 17% increase on the previous year. But, over the same period, there were still 31% of large companies, operating here but not paying…
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…
What Does It Mean for Us?
How long are you planning to live? Now, that’s a morbid question, isn’t it? In an unexpected shift, the Australian Bureau of Statistics (ABS) has reported that life expectancy has decreased for the second consecutive year. This downward trend marks…
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…
The one surprising investment that separates the rich and the poor
How you invest your time determines how your financial future will unfold. When people tell me they can’t invest because they’re too poor – now they don’t use those words – they say they don’t have enough money, I tell…
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,…
Australia’s fertility rate has reached a record low. What might that mean for the economy?
Australia’s fertility rate has fallen to a new record low of 1.5 babies per woman. That’s well below the “replacement rate” of 2.1 needed to sustain a country’s population. On face value, it might not seem like a big deal….
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,…
Best Morgan Housel quotes for better finances part 2
Did you catch yesterday’s blog with 13 amazing money lessons from Morgan Housel author of the Psychology of Money and whose blogs regularly appear on the Collaborative Fund. If not, please read it here. And today I hope you enjoy…
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…
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…
Warning – Avoid these FOMO errors investors make in today’s property market
Key takeaways FOMO (fear of missing out) is starting to show itself – as homebuyers and investors are scared that the market is running away from them. The property market grew strongly last year and has started 2024 firmly, but…
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…
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…
The Most Affordable Suburbs to Rent in Australia 2025
Key takeaways Hobart continues to stand out as the capital city with the lowest median rental price and the highest share of affordable rental listings, but Melbourne suburbs dominate the top 10 lists. Adelaide comes second for units with 57%…
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…
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…
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…
How Our Aging Population is Shaping Our Economy and Property Markets
Key takeaways Australia’s demographic landscape is shifting dramatically, with the elderly population set to profoundly impact housing demand, the workforce and the aged care sector. The aging population will drive changes in housing demand, with a preference for staying in…
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…
Australia’s birth rate falls to an all-time low
A recent data release from the ABS shows Australia’s birth rate reached its lowest recorded level in 2023. This shows that Australia’s birth rate has likewise fallen to a historic low. The birth rate (Total Fertility Rate or TFR) for…
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%…
The 20 Best Suburbs to Invest in Brisbane in 2025
If you’re considering investing in Brisbane’s property market but don’t know where to start or the best locations to look into, this blog will help. You see, after Sydney and Melbourne, Brisbane is clearly Australia’s third-biggest property market. And it’s…
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…
Step away from the table – why you keep eating when you’re full
Ever eaten that last slice of pizza, even though you’ve had enough? Or polished off kids’ leftovers, despite already feeling full? To understand what’s happening – and how to fix it – let’s explore your body’s “stop eating signals” (satiety…
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…
Where Buyer Interest is Soaring
The Australian property market is buzzing with activity in unexpected places, as buyers shift their focus to suburbs that promise a blend of lifestyle and affordability. While interest rates and affordability dominate national conversations, certain “golden suburbs” are emerging as…
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…
The 8 Best Property Investment Strategies in Australia
Buying a property is not an investment strategy. Building a property investment portfolio involves much more than picking the property type and your price bracket. You need a goal in mind and a plan for achieving it. Note: Investing in…
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…
Perth housing market update [video]
Key takeaways In November: Perth dwelling values rose by 1.1% Over the quarter: Dwelling values increased by 3.0% Over the past year: Dwelling values increased by 21.0% Perth dwelling values are currently at a record high Perth is continuing to…
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…
Are you using only half of your brain?
Have you ever seen pictures or video footage of people who were in “shock” following some type of horrible accident? In most of these pictures/videos, the individuals all look like zombies. They are uncommunicative, unresponsive, and appear to be oblivious to…
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…
instant coffee has the smallest carbon footprint (but don’t overfill the kettle)
How you prepare your coffee at home (and wash up the mugs) can have a big impact on its carbon footprint – so fill that kettle carefully, and only brew what you know you’ll drink. Drinking coffee makes many of…
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…
Your Brain Loves These 3 Habits
Bad habits impair your brain. You can tell when your habits are impairing your brain. This impairment manifests itself in bad choices, poor memory, lack of willpower, trouble sleeping, feeling lethargic during the day, uncontrolled anger, depression, poor health, and…
Never Break The Final 10 Meter Rule When Investing In Real Estate
Key takeaways Successful property investing is part science and part art. You can’t buy perspective, but you can hire the right team of experts on your side. As the property market moves on this year, you will find more and…
Coffee etiquette around the world [infographic]
If you’re like me you enjoy your coffee. But did you know that coffee, one of the most popular beverages, is called, prepared, served and consumed differently around the world? Many countries in the world have coffee intertwined with their…
What They Want and Why It Matters
Key takeaways Born between 1982 and 1999, Millennials are often misunderstood and stereotyped as entitled or lazy. They grew up amidst significant technological and economic changes, which have influenced their values and aspirations. As Australia’s largest living adult generation, they…
Your Thoughts Alter Your Genes
Genes are Apps that can be clicked on or off. The mind drives the body, and the body’s response to your thoughts switches genes on or off. Examples When you are exposed to something in your environment that poses some…
Insights from Domain’s 2024 Wrap and 2025 Outlook
Key takeaways Brisbane and Adelaide are expected to join Sydney, Melbourne, and Canberra with median house prices above $1 million by the end of 2025, with Perth not far behind. Interest in regional property has continued to decline in Sydney…
[PODCAST] The Myth of ‘Easy’ Property Wealth – What Investors Need to Know, with Brett Warren
In this episode of Michael Yardney Podcast I’m joined by Brett Warren to challenge a common belief many beginning property investors hold: that those who bought into the market 20 years ago had it easy. It’s a complaint I hear…
An Expert’s Guide to Breaking Out of the Paycheck-to-Paycheck Cycle
Living paycheck-to-paycheck is a challenging reality for many Australians. The cycle is all too familiar: payday arrives, bills are paid and by the time you’ve covered the basics, there’s barely enough left to see you through to the next fortnight….
Why People Do Stupid Things With Their Money
In my Rich Habits Study, I had the fortunate opportunity to peer into the lives of 128 individuals who struggled financially in life. My goal was to figure out the underlying causes of their financial struggles. I learned many things….
Life is Worthwhile if You…
Four powerful little words: learn, try, stay and care. What difference can you make in your life today by putting these words to work? 1) First, life is worthwhile if you LEARN. If you know. What you don’t know WILL…
The Latest Median Property Prices in Australian Cities
CoreLogic’s national Home Value Index (HVI) rose by just 0.1% in the last month of spring, the weakest Australia-wide result since January 2023. This marks the 22nd straight month of growth in this cycle. The mid-sized capitals, Perth Adelaide and…
A Solution That Misses the Mark?
As Australia’s rental crisis deepens, build-to-rent developments promise more housing—but will they build the right homes in the right places at the right price? The recent passage of build-to-rent legislation is expected to unlock 80,000 new homes nationwide, heralded as…
The path along the road to success will be littered with stumbling blocks
Over the last few years two friends, both “high performing” salespeople, who expressed a burning desire to succeed in life and in their careers, quit their jobs. Things got too tough and they gave up. Couldn’t hack it anymore! I’ve…
Mortgage Stress Falls for the Fourth Straight Month
Are Australian mortgage holders finally catching a break? New data from Roy Morgan hints at a turning point in the battle against mortgage stress. In October 2024, the proportion of Australian mortgage holders identified as ‘At Risk’ of mortgage stress…
10 smart money quotes to start your week
Yes, it’s Monday morning again – the beginning of another week. We all know money isn’t the most important thing in the world, but without it, life sure is that little bit harder. So here are 10 smart sayings about…
6 learning fees you don’t want to pay as a property investor
Key takeaways Property investing may be simple, but it’s not easy. Many investors end up paying a huge “learning fee” or “Stupid Tax” because they didn’t expect to pay it. When you buy an investment with poor capital growth because…
What drinking coffee at night does to your body clock [Infographic]
Should you drink coffee before going to bed? I occasionally do and I thought it didn’t affect me. But I’m not sure after reading research that suggests that when consumed a few hours before bed, the most widely consumed psychoactive drug in…
Is Rate Relief Coming? Not So Fast, Say the Big Four Banks
For Australian mortgage holders eagerly anticipating relief from the Reserve Bank of Australia (RBA), there’s been a shift in the narrative. ANZ has just joined Westpac and NAB in revising its cash rate forecast, now predicting the first rate cut…
Success Isn’t Easy – And That’s Where the Value Lies
Key takeaways In both life and investment, it’s the journey through difficulty that builds our future. Embrace the challenge, because every struggle today is setting the stage for success tomorrow. In a world that celebrates instant success and quick gains,…
Distinguishing the Skilled from the Lucky
Key takeaways Many property market experts are misguiding novice investors with their anecdotes of easy wealth accumulation, and they also influence their massive followings to adopt this distorted narrative. It’s important to differentiate between genuinely skilled investors and those who’ve…
The differences between successful and unsuccessful people
Ever sat and really thought about the traits, values and differences between successful and unsuccessful people? It may seem obvious – successful people are, well, successful! They’re often confident, polished and assertive, with the warmth and charm to influence others….
7 Questions To Ask Your Builder
The quality of the builder is key to an easy, stress-free, cost-effective building experience. For those who’ve never built before, chances are you have no idea how to judge which builders will perform a dream build, and who will cut…
16 things to make you happier and more successful
When it comes to happiness, some things will make people happier than others. The same is true for success, which is unique to every individual. Some people will define success through business acumen and achievement, while others search for satisfying…
[PODCAST] What’s Next for Interest Rates? Dr. Andrew Wilson’s Predictions for 2025
While the Reserve Bank of Australia has kept rates on hold yet again, the big question is—how much longer will this last? And more importantly, when might we see the next rate cut? With the local economy sending mixed signals,…
Labour that works miracles | Jim Rohn
Two thousand years ago on April 15th one of Jesus’ disciples came to him and said it was time to pay taxes (that’s how I know it was around April 15th), but they had no money. In response to his…
Smart Payment Options for Property Investors: Meeting Modern Expectations
As renters’ preferences evolve, property investors are called to evolve their approach as well. Responding to a world where digital transactions are prevalent, today’s savvy property investors are increasingly leveraging modern payment methods to simplify tenant rent payments. The result?…
How to tell a truly bad mistake from a meaningful one
There are moments in life when we think, “I have made a terrible mistake” or even, “Oh God, things could not get much worse.” Queue the doomsday music! That sinking feeling is not a pleasant one, and some people are…
Mastering the Four Types of Luck That Shape Your Future
Key takeaways Many people think of luck as some random, mystical force, but there are different types of luck and you can actually influence the kind of luck you experience in your life. When you have a unique set of…
How to Become a Millionaire in Australia
Want to know how to become a millionaire? Well…Jaime Tardy interviewed more than 120 millionaires to learn the “secrets” of how to become a millionaire and published her findings in a book, The Eventual Millionaire, which explains the most important…
Are These 5 Thoughts Secretly Sabotaging Your Success?
We all have an inner voice—a constant monologue that swings between cheering us on and, unfortunately, holding us back. This inner dialogue can be our best ally or our worst enemy. While the positive side of this voice encourages us…
Australia’s coffee trends
Coffee has become an integral part of daily life for many Australians. In a recent study, we found that a significant proportion of Australians rely on coffee to start their day while others enjoy it for the mood-boosting effects. As…
Predicted Interest Rates in Australia
Key takeaways Predictions for interest rates in 2025 vary: 2 of the big banks forecast gradual rate cuts starting in February, ending 2025 at ~3.35–3.6%. The other 2 big banks now say rate cuts will strat in May. Inflation control,…
When you expect failure, fear loses its power over you
One of the biggest things holding people back from the pursuit of success is the fact that they fear failure. This fear of failure causes them to second-guess every move they make. It causes them to overthink everything. It causes…
Why the Housing Shortage Needs a Different Fix
Key takeaways Many policymakers believe that building more apartments will solve Australia’s housing shortage. But that approach doesn’t address the deeper structural issues of our housing market. Many of the new apartments being built are in high-rise towers in inner-city…
The 5 email habits that will turn your life around
Remember when people made phone calls? Whenever you needed to know something, you just picked up the phone and called them. These days, we’re all chained to our laptops, emailing each other day and night. Did you get the report?…
The Quiet, Resilient Force Shaping Australia’s Future
Key takeaways Gen X (born 1964–1981) is often overshadowed by Baby Boomers and Millennials, but they hold key leadership positions in politics and business, playing a vital role in shaping Australia’s future. Unlike the Boomers and Millennials, Gen X came…
The Male Midlife Crisis
OK, we all know that middle age can be stressful and that left untreated, it can kill you. But what sorts of things are we stressing about? And more importantly, what can we do about them? If we don’t approach…
It shouldn’t take this long to build a home
Key takeaways The time it takes to build new homes and apartments has significantly increased over the past 15 years. The average build time for standalone houses has gone from 9 months to 12.7 months (a 40% increase), while apartment…
[PODCAST] Key Trends Shaping Australia’s Property Market in 2025
Our housing markets have been remarkably resilient over the last year, despite high interest rates even though the RBA didn’t drop interest rates this year, as many expected. With inflation falling faster than expected, there is now the anticipation of…
Sydney’s Rental Market Trends and Forecasts
Key takeaways Sydney’s rental market faces ultra-low vacancy rates and intense demand, worsened by high immigration and limited new housing. Rising construction costs and fewer new projects contribute to a severe rental shortage. Limited supply keeps rents high, with affordability…
What did drum lessons teach me about business?
When I was about six or seven I wanted to play the drums. My parents went out and bought me a small snare drum along with a pair of drumsticks and brushes (I still can’t use brushes, but that’s another…
How do you know if you’ve been too risk-averse?
I believe most people spend too much of their lives trying to reduce perceived financial risk. The opportunity cost of this approach is very high and puts lifestyle goals at risk. Too much focus on risk reduction Many people buy…
Inspiration quotes on reaching your goals
Reaching your goals starts with you – you’re willing to believe and give it your all. Some of the greatest and most inspirational people throughout history reached their goals, against all the odds. Their words of wisdom are a reminder…
Is this the most significant factor driving our property markets?
Key takeaways The little secret behind whopping price growth is that owner-occupiers drive our property markets forward. They own close to 70 per cent of all the properties in Australia and therefore dominate our market and without them, it simply…
Australian housing market update [CoreLogic’s video]
Key takeaways Home prices have seen a notable increase of 5% compared to the same period last year. This rise is attributed to the ongoing demand-supply imbalance The inventory of available homes has decreased by 10%, leading to a competitive…
NAB property price predictions for 2025
Key takeaways The NAB has amended its forecasts for both house prices and interest rates for 2025. NAB does not expect interest rates to fall until at least May 2025 While the housing market has cooled a little, NAB still…
Ten things dogs can teach us about business…and life
We often talk about the things that we learn in business, the lessons that we get, and the people we get the lessons from. That got me thinking just the other day about how I also think there are some…
What is going on with property investors?
Key takeaways New investor loans are up a strong 18.8% nationally, far outpacing the volume of investment properties coming to market. There are regional differences with the number of investor listings coming to market elevated in Tasmania, Victoria and NSW,…
[PODCAST] Insights from the PIPA Investor Survey – with Nicola McDougall
In this episode, we discuss the findings of the 2024 Property Investment Professionals Association Annual Investor Sentiment Survey with Nicola McDougall. We explore the current trends in property investment, the challenges investors face due to rising costs and government policies,…
How They’ve Shaped and Continue to Shape Australia
Key takeaways Baby Boomers (born 1946–1964) were born during a time of optimism after WWII. This led to a population boom and laid the groundwork for Australia’s modern infrastructure and economy. Boomers dominated the workforce, emphasizing hierarchy, loyalty, and a…
Want to Get Rich with Property? Here’s What Most Investors Get Wrong!
If you bought your home 20 years ago and didn’t check its value until today, you might be stunned. In all likelihood, you’d find it had doubled in value, then doubled in value again. It’s a classic case of the…
WA Leads Loan Growth, QLD Climbs Investor Ranks
Key takeaways Queensland has overtaken Victoria as the second-largest investor market, now holding 23.4% of investor loans for the year — 0.4% more than Victoria Western Australia and Victoria are leading the way in owner occupied loan growth, with loan…