Believe it or not, we’re almost half way through 2024, and our property markets are surprising many on the upside. Of course, each year brings its own set of wins, challenges, and lessons to learn and looking back at last year – 2023 – this was certainly no exception. So it’s a good time to…
Articles by Michael Yardney
Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.
Most successful people you’ve heard of have been faced with adversity – often, that’s what led to their victory. So let’s get inspired by these quotes from some of the world’s most successful people… “Once you choose hope, anything’s possible.” — Christopher Reeve “You must expect great things of yourself before you can do them.”…
Our property markets grew strongly last year with many locations enjoying double-digit capital growth, and they’ve started 2024 firmly, in part due to the lack of supply of A-grade homes or investment-grade properties for sale. And this is starting to show itself as FOMO (fear of missing out) – when homebuyers and investors are scared…
You’ve probably heard the whispers or read in the media that the taxman is on the hunt. The Australian Taxation Office is implementing some innovative strategies and forming new alliances to recoup billions of dollars of revenue deficit. This means Australian property investors should be on high alert and make sure they have completed all…
Have you noticed how some people seem to rise to the top of their chosen field, or journey even higher up the property ladder, while others consistently achieve the same “average” results? In the 1990s, management guru Dr Stephen Covey explained what he believed to be the defining characteristics that distinguish “highly effective people” in…
The primary task of our Reserve Bank governor Michele Bullock is to bring inflation into the central bank’s target range of 2-3% and keep it there. However, this task seems to be all but impossible with inflation remaining stubbornly high, unemployment stubbornly low, and Aussies still spending up big. It’s old news now that the…
During your career as an investor, you’ll no doubt read at least a few books from various experts who’ve all created wealth through a proactive property investment strategy. One of the names you’ve probably come across is Robert Kiyosaki, celebrated author of the Rich Dad, Poor Dad series that’s inspired and assisted many an investor…
What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates really peaked now and when will they start coming down or will the RBA raise rates again in 2024? Will affordability issues cause a round of distressed sales and prices to fall or even a property market crash in…
What will life be like in 10 years? Strategic property investors think in 10-year time frames, they don’t worry about what’s going to happen to interest rates or the economy in the next six weeks or the next six months. In my mind, 10 years is a short term and the successful investors I know…
It’s old news now that the Reserve Bank held the cash rate steady at 4.35% at its May meeting. Interest rates look set to remain higher for longer, with the timing of potential rate cuts having been pushed out and remaining uncertain. Higher-than-expected inflation in the March quarter confirmed the challenging journey towards lower inflation,…