Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

We are now in the cooling-off adjustment phase of the property cycle. And if you believe most of what the media tells you, it's all to do with interest rates. But I don't agree. So, to help you understand what's ahead for our property markets and why the markets won't crash like some are suggesting, I want to share with you myriad financial, social, and political factors which impact what your fam...

Our property markets couldn't look more different from this time last year if they tried. Gone are the frenzied buyers gripped by FOMO, housing markets in which prices rose by $1200 a day, and auctions that routinely finished millions of dollars over their reserve. Last year's scenario of never-ending price rises has been replaced by rapid-fire interest rate rises (with more to come), slowing or f...

It's been an interesting month full of economic news. Recently the latest US inflation figures spooked the markets as there was no sign that underlying inflation is abating Then back home, Reserve Bank Governor Philip Lowe warned that a deteriorating global economy would make it hard for Australia to achieve a "soft landing" due to the economic buffeting that is underway. He is also worried that b...

If you're a regular listener to this podcast, you know that I often say demographics will drive our destiny, not just with regard to property, but for Australia and the world as a whole. In today's podcast I chat with leading demographer Simon Kuestenmacher about the composition of Australia's population moving forward. It seems we're going to have more older people and proportionately fewer young...

While property investing may be simple, it's not easy, and that's not a play on words because many investors end up paying a huge "learning fee" or "Stupid Tax," as I like to call it. That's because successful property investment comes down to much more than just knowing what you need, knowing what you can afford, and knowing exactly what's available at the time you are ready to buy. In reality, a...

According to the latest statistics from the ABS, our economy is roaring along. The most recent data, which unfortunately is backward looking to the June quarter, showed that as Aussies were released from their lockdown shackles, we spend more on ourselves, growing the economy strongly. But since then, the Reserve Bank has raised interest rates and will likely continue doing so, so will this kill a...

Our property markets are changing, and we've now moved into the adjustment phase of the cycle where there will be less capital growth and where, in many locations, property values are falling. So, what should a property investor do? Well, in today's show with Brett Warren, national director of Metropole Property Strategists, we talk about whether property investing is an art or a science, which yo...

If you're thinking about buying a home, whether it's your first home or you're upgrading or right-sizing, today's show is for you as I discuss 13 common mistakes homebuyers make with Leanne Spring, Director of Metropole's home buying and selling team. And even if you're not planning to buy a home, if you're interested in property, I'm sure you'll get some tips from my discussion today because prop...

Well, we're into Spring, which is traditionally a great time to buy and sell properties, but what's ahead for our housing markets for the last quarter of 2022? Looking back on the year so far, our housing market had a lot to contend with. Coming off a once-in-a-generation property boom in 2021, our markets had to contend with floods, bushfires, geopolitical problems, a federal election, inflation,...

It looks like inflation will soar to nearly 8 percent by Christmas and be chased by interest rates that together will send people's ability to pay for things further into reverse, halt the jobs boom, and put the brakes on economic growth. I know many people are preparing for a rocky road ahead.   But I don't necessarily agree with them. If the government and Reserve Bank get their settings right,...

They say blood is thicker than water, but when it comes to distributing your wealth on your death, human instinct can take on a darker side because money is involved. So, no matter what your age is, planning your estate is an important matter. Estate planning goes well beyond drafting a will, so no matter how young or old you are, I think you will benefit from my chat with Kevin Raiss today. Estat...

Today I'm going to share two interesting topics with you. First, I'm going to explain to you why I don't believe the current round of property naysayers and I hope by the end of today show you won't believe them either. Then I'm going to be chatting with leading artificial intelligence expert Dr. Catriona Wallace who has been recognized by the Australian Financial Review as the most Influential Wo...

Today I want to share some top wealth-creating insights that Brett Warren and I gained at Wealth Retreat. This is Australia's number one learning and networking event for already successful property investors, business people, and entrepreneurs, which we held on the Gold Coast in March. As I spoke to many of the attendees from previous years, I was blown away and humbled by the feedback as they ex...

Negotiating is a part of living; we do it all the time. When you walk down a crowded street, you negotiate the path you take. A couple negotiates their relationship before and during the marriage.  And of course, negotiation is one of the skills developed by all savvy property investors and businesspeople. Over the years, I've noticed that some people are very good at getting terrific deals. Most...

What's really going to happen to our property market? Are they going to crash like many economists and market commentators suggest? I recently read a headline suggesting the recent unemployment figures will be the final knockout blow for our housing markets. Now I agree the RBA will keep ramping up interest rates, which will further stunt consumer confidence because, of course, that's what it is i...

Australia is in the middle of a rental crisis. But interestingly, in the month of July, asking rents for houses didn't increase. Is the end of the rental increase after the spectacular rent increases of the last year or so? Far from it, and in today's podcast Dr. Andrew Wilson and I discuss some interesting unintended consequences that are going to occur from the various governments' interference...

What makes an A-grade Home? That's one of the questions we answer in today's question-and-answer podcast with Belinda Botzolis. We also answer the question of whether this is the right time to buy, sell, or hold – which is a question on the mind of many home buyers and investors. Belinda has been a valuer for over 16 years and now brings her passion and years of experience to her role as one of th...

If there was a baby boom in the 1950s then there must be a baby bust in the 2020s as Boomers exit the workforce. No, it's not that the Baby Boomers are expected to die in droves in the coming decade, it's that they're right now exiting the workforce at a faster rate than Millennials and their successors are entering the workforce. And this has only been made worse by our locked borders because of...

In today's show, I want to discuss with you the five levels of investing, a framework that I have created to help you understand where you are on your journey and to help you make sure you reach the top level as a successful investor. Then I'm going to share some interesting information with you about the tsunami of wealth Baby Boomers are expected to leave their children. Do you understand the Fi...

We live in uncertain times, creating a lot of anxiety for investors. So, in today's podcast, which is one I recorded together with my good friend and share trading expert Louise Bedford, we talk about how to manage uncertainty. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Follow Dr. Andrew Wils...

Despite all the negative news in the media warning us of the worst property correction on record, my guest today Pete Wargent recently wrote a piece giving good reasons why our housing market downturn could be short-lived. Since Australia's economy and our property markets don't operate in isolation, each month, I take time out to have a look at the big picture, the macroeconomic factors affecting...

Australia's property markets have experienced unprecedented demand over the last couple of years, despite tourists not coming from overseas, despite visa holders not coming, visa holders not coming, students not being here, and the borders being closed. And now despite the market cooling, rising costs and supply shortages are causing one of the worst housing crises in history. I don't know about y...

We seem to have a new national obsession. It's even bigger than worrying about who's going to the football on the weekend. It's called "Which way are house prices heading next?" According to our big banks, Australians must brace for the worst housing correction on record as rising interest rates will strangle the property market. And while Australia's economic fundamentals are still strong, consum...

We all know that the rich keep getting richer, but the question is how can we learn from them? Sometimes it can seem as though rich people are born lucky with inevitable success ahead. But the reality is that anyone can become rich. It's not like they have any special secrets.  After all, even the rich invest in property, shares, and business-like any other ordinary Australian. The difference betw...

One of the aims of my podcast is to help you become more financially successful and help you grow protect and pass on your wealth, and what we talk about in today's show with Ken Raiss, who is widely regarded as Australia's leading property tax strategist is asset protection. Now for people who don't know, for many years Ken was an accountant and managing partner in a national accounting firm. He'...