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Property is not a get rich quick scheme
Today we are going to be looking at two graphs from RP Data. What happened between 2003 and 2005? There were price rises but these were restricted to Melbourne and Sydney. It was merely Sydney and...
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Economy Slows while Australian Property Advances
Welcome to my first article for my Economic Highlights blog for Property Club! As you could imagine, reading the economic winds as they blow through the world can be a challenging task, but I will do...
View ArticleAustralia has a new Prime Minister
Having once briefly chatted to Tony Abbott, and knowing the man up close just a little, I have to say we lost a good PM this week. The positive though, is that despite undoubted treachery, the Liberals...
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Australian Property – It’s Not Stopping!
Australia’s property market is well and truly hooked onto the freight train of cashed-up investors and developers which is resistant to any APRA or RBA tinkering on the brakes. The property market...
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Is China really Crashing? Concern for Australian property.
Would a decline in China impact Australian property? One of the most common questions I hear is ”What if China crashes and they take all their money back?” It’s a scary thought at first, but the true...
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APRA – Wrong Way! Go Back!
But no one is telling them! Australia is the only country in the world that does not critique our central bank, the RBA, on policy at a senior banking level. This means that debate in the mainstream...
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Will ANZ seize the opportunity – or seize up?
The incoming CEO of ANZ, Shayne Elliot, was highlighting just the other day how they want to grow their mortgage business, particularly in NSW. Well, here is your chance ANZ! Westpac, maligned by...
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It’s confirmed – the RBA has no Brain!
Let’s look at the facts: GDP is struggling and risking a recession at only 0.2% growth, Inflation is a Non-Issue at only 1.5%, Un-employment is among the highest in world at 6.2% And The RBA is “Happy”...
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Construction Indicates Cause for Concern
The RBA in its quarterly policy statement released last week shared some of their thoughts with us all. Would you believe they are downgrading both their growth and inflation forecasts, but are still...
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Spirits lift as unemployment falls
Australia’s unemployment figures for October are out – and it’s really great news. Unemployment is down to 5.9% There is a glimmer of hope for all the struggling families of the far-too-many...
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Paris Tragedy will not Slow the World
Hollande, a man determined, is another Churchill! This man is determined, and has the personal and national resources to see this war through! Just when you thought there were no words…there they were!...
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GDP Looks Good at First Glance
Australia’s third quarter GDP figures were released yesterday showing growth of 0.9% for the quarter, or 2.5% overall for the year! While it looks good, don’t be fooled!, Exports account for 1.5% of...
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Buying for Growth in Australian Property
Welcome to December – where the pace slows down (somewhat!) and we cherish time with family and friends. It’s a good time to reflect on where we’ve come from during the year. Investors can also benefit...
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It Doesn’t Get Any Better Than This for Aussie property!
There is no doubt that Australian property prices are going higher!Prices will not only remain strong, but should even accelerate. As the spill-over effect from Sydney and Melbourne begins to take...
View ArticleOpportune Times for Australian Property
Let’s face it – we all know the Australian property market has been strong – even exciting in some locations like Sydney and Melbourne, while other centres have shown modest growth.The overwhelming...
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From Good to Better, But Not Yet Best
The RBA is still asleep at the wheel, but the rest of the world is on the rise. The RBA kept rates on hold this week……. zzzzzzzzzzzzzThe RBA sited some global uncertainty, but their take on things was...
View ArticleSometimes It’s Just Emotion
There has been a lot happening already this year. We have seen the usual mix of property outlook forecasts. On the share market front however, it has been all action. The correction in January and...
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A Winning Trifecta Week for Australians
Hear Clifford Bennett’s Response to this week’s news – Australia at an Important Turning Point , Positive Outlook for Property It’s been a triple bill week for Australia this week: Federal Budget, RBA...
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Financial Prophets Proving Wrong
Financial forecasters like US based Harry Dent have a lot to answer for. Not only do they come out to our country, which has an entirely different economy and property market history and profile, and...
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How and Why will Property Growth continue?
Every now and then, there will be a good debate over what the main point will be that keeps Australia’s property growth moving forwards. Obviously population is a key driver for this and we can see...
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