See the world through the eyes of an economist: energy prices, job ads, average household size, and real wages. Here are the charts that caught my eye this week. First up, inflation jumped up in the month, largely thanks to oil and energy prices, which as you can see, have spiked in recent times: Australia’s […]
T-Bomb: The ‘hour to midnight’ practice for getting unstuck
Truth Bomb Tuesday: If you only had an hour, you’d be surprised at what you could get done “You’ve got one hour. Go.” That’s the beginning of an exercise I do with my students sometimes. It’s called ‘an hour to midnight’. It’s not particularly complicated. Basically I just give them a task that would normally […]
Housing supply situation going from bad to worse
You can’t run two construction booms at once! When I look down the telescope at the next 5 to 10 years, I see an epic housing shortage coming. “Hang on, Dymphna. Aren’t we already in an epic housing shortage?” Yes. Yes we are. But it’s about to get epic-er. Current budget projections have the Australian […]
They Wanted To Change Their Lives And Made It Happen Through Property Investing
“You don’t have to be great to start, but you have to start to be great” Zig Ziglar
Official: Property has cleared the last hurdle
Well, looks like we were making a mountain of a mole hill There is really nothing holding the property market back now. One of the mysteries in recent years was how we managed to digest 400 basis points of rate hikes with barely a blip in the property price data. If I had told you […]
Foreign buying lifts as borrowers go underwater: the economy in pictures
See the world through the eyes of an economist: prices, foreign buying, rates and underwater households. Here are the charts that caught my eye this week. First up, Corelogic Data show that the recovery in property prices has established clear direction, with capital city prices up 5.1%. Expect to see this move higher in the […]
T-Bomb: Why households let men work more
Truth Bomb Tuesday: The gender pay gap persists, but not for the reasons we commonly think. The Nobel Prizes were awarded last week, and I thought the economics one was a bit interesting. The award went to Harvard Economist Claudia Goldin, making her only the third female economist to win the award, and the first […]
WTF? You can buy gold from a supermarket?
Create fear, create a market. Ever think about nipping down to Woolies to pick up some gold bullion? No. You can’t. That’s only something that happens in America. Discount retailer Costco has started selling 1-ounce bars of gold online, and even though there’s a limit of 2-bars per member, they’re selling out in hours. Costco […]
Vacancies tank while builders bust: the economy in pictures
See the world through the eyes of an economist: vacancies, insolvencies, rate hike expectations and more Here are the charts that caught my eye this week. First up, there’s the rental vacancy rate data, which continues to hold at record lows. This is why you can’t get a rental for love or money right now, […]
T-Bomb: Are you stressed, or just unstructured?
Truth Bomb Tuesday: Stress is epidemic. Here’s one strategey to dial it down. “Well of course I’m stressed. I’ve got a lot on my plate right now.” Common enough statement. Heard it before. But now imagine who might be saying it. Imagine in it coming from the mouth of an unemployed teenager. Now coming from […]