Author Archive

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Sorry, newbies, but it takes money to get into property investing

I’ve said it before: it’s always been difficult to buy your first property. No matter whether it was the 1960s, 1990s or now, scrimping and saving for that deposit takes discipline and dedication. Now I admit that with property prices...
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What’s the difference between borrowing capacity and affordability?

Many novice investors make a simple mistake when they first start out. And that’s because they don’t understand the difference between their borrowing capacity and their affordability. So I’d like to clear up this issue to help investors manage their...
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4 common money mistakes made by millennials

Every generation seems to think the next generation isn’t doing it right. They offer well-meaning “advice” based on their own experiences, which may no longer have any relevance in our fast-changing world. Over the past three decades, the rate of...
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Are you too nervous to buy your next property?

While many Australians would love to get their hands on an investment property, a large proportion also admit they’re not brave enough to take the plunge in the current economic climate. A Galaxy Research survey of 1,005 people nationwide, conducted...
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15 ways to make yourself happier and more successful

Happiness isn’t always guaranteed in life. But there are plenty of strategies you can employ to make yourself happier – every day. You see, happiness is a state of mind that you can choose, even if you’re technically having a...
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The difference between good and bad debt

If you’re like me, your parents taught you not to take on debt. You were probably taught something like this: get a good education, get a good job, get married, buy a home and pay it off. And you were...
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housing finance

Housing finance: owner-occupiers make hay while the investors stay away

APRA’s crackdown on risky lending practices have made a further impact on the market, according to the ABS housing finance data released today. The ABS data shows there was a 1.4 per cent drop in investor lending in May and...
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Admin Ajax

11 positive things about getting old that no one tells you about

Over the years I’ve realised that life is journey of  lessons and experiences containing successes and mistakes. And there’s lot’s of great things about getting older that no-one tells you about when you’re young Lifehack offers this list of 11...
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Admin Ajax

Consumer confidence is another reason our property markets are going to slow down

Australians are becoming a little less confident about their financial futures. This has not been helped by all the talk about housing affordability (or lack thereof),  the media’s negative talk about the Melbourne and Sydney property markets and all the...
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Lower interest rates reducing mortgage stress

Despite some concern regarding the future of the property market – mortgage holders appear to be breathing a little easier. New results from Roy Morgan’s mortgage stress data show that in the three months to April 2017, 16.8% or 666,000 mortgage holders can...
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