Here’s why you should stick to your day job rather than property investment

There are three ways to generate passive income; start a business, invest or speculate. The key word in that sentence is passive. Passive means you can generate economic benefits without the requirement of your personal exertion. Since it doesn’t require personal exertion, it frees up your time to spend it on activities or with the people […]

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Here’s how to survive difficult property markets

I hate to repeat what everyone else is saying, but clearly we are living in challenging times. Despite all the bad news in the media, there is also good news out there if you look for it. But there’s no doubt there are still many challenges ahead of us. We have a triple whammy of: […]

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Here’s how I interpret auction clearance results

Now that lockdown restrictions have been loosened more and more vendors are putting their property to auction. In the good old days a Sunday wasn’t complete without checking the weekend clearance rates, especially for property pundits in Melbourne and Sydney. That’s because the auction results are a timely gauge of conditions of what’s going on […]

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Here’s where the biggest property price falls have been since the onset of COVID-19

The stringent government response to COVID-19 has undoubtedly placed the property market cycle at the cusp of another downswing. So far, property value declines have been fairly mild. Nationally, the May home value index results show that the dwelling market declined just 0.4% over the month, and preliminary indicators for June are showing the rate […]

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Property investors – here’s what the tax man wants you to know

The Australian Taxation Office is aware that residential rental property owners may be concerned about how COVID-19, floods, or bushfires have reduced their income. This may be a result of tenants paying less or entering deferred payments plans, or travel restrictions which have affected demand for short-term rental properties. New legislation also affects the tax […]

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Here’s why we’re not going to fall off a financial cliff in September

There is a lot of concern that at the end of September when the current deferral scheme and government support packages expire Australia is going to fall off of a “Financial Cliff.” To save lives, governments moved quickly to stop the spread of coronavirus. When the economy was crushed by restrictions on movement and “normal […]

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Here’s what happening to population growth around the country and what it means to our property markets

To better understand what’s ahead for our property markets I keep a careful eye on our demographics, and population growth has been one of the areas of paint particular attention to lately. Clearly a growing population, caused mainly by overseas migration, has been a significant driver of our property markets. Australia is one of the […]

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Do Robert Kiyosaki’s “Rich Dad Poor Dad” lessons still apply? Here’s what I learned from my interview with him

Robert Kiyosaki’s “Rich Dad, Poor Dad” series of financial books have changed the way many people think about money and investments. In my early days learned a lot from Robert Kiyosaki, even though I’ve come to disagree with his real estate investment philosophies, which don’t really work in Australia. I’ve quoted Robert on more than one […]

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