Housing crunch will push up prices: NAB

You can pretty much lock these forecasts in I reckon. NAB has update their house price forecasts and is now predicting even bigger gains over the next two years, especially in current market darling Perth: Perth’s house prices are on track to increase by 21 per cent over the next two years, National Australia Bank […]

T-Bomb: How to love what you really want

Truth Bomb Tuesday: Time to update your mental models Most of us end up scared of what we really want. It’s such a funny thing. It sounds so ridiculous. But it’s not that we scared of the things we want themselves. (Who’s afraid of a new car?) Rather, we’re afraid of the part of ourselves […]

Are foreign buyers to blame for housing crisis?

I reckon this is more politics than policy. Peter Dutton recently proposed a two-year ban on foreigners buying property, as a way to help affordability for locals. The general sense was that foreign buying was just too small of a share of total buying to make all that much difference, especially since, at least technically, […]

Inflation eases, but consumers feel the pain: the economy in pictures

See the world through the eyes of an economist: Inflation, confidence, and immigration plans. These are the charts that caught my eye this week. First up, inflation came in pretty much exactly as expected. With headline inflation at 3.6%, we’re a short stone’s throw from the RBA’s 2-3% target band, so the RBA will be […]

Why is Perth crushing it right now?

Who put a rocket under Perth? Perth is crushing it right now. Late last year I said I expected 2024 to be the year of Perth of the year of Brisbane. Well, Perth has pulled the whip out and has opened up a sizeable lead on the rest of the country. And not just in […]

T-Bomb: Why you can’t fix victims

Truth Bomb Tuesday: Time to stop banging your head against that wall It took me a while to figure out how to work with people stuck in a victimhood mentality. People would come to me looking to turn their financial life around, but life was always screwing them over. Ask them about how things are […]

The latest way to make money in property

This never ceases to amaze me. There are always new ways to make money in property. This is one of the things that I hear from my students all the time. “I would have got into property earlier, but I felt like I had missed the boat. The market had moved on.” “The opportunities to […]