Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Since Australia's economy and our property markets don't operate in isolation, I regularly have a look at the big picture, the macroeconomic factors affecting not just Australia's economy, but the world economy to help us understand what's ahead for us, and I do this in these Big Picture Podcasts with Pete Wargent. While regular listeners know Pete well, if you're new to this podcast, firstly welc...

What would Warren Buffett say about how I approach my property investing? And why do I even care? Well… Buffett who is 90 years old is consistently ranked amongst the world's richest people, is arguably the most successful investor of the 20th century and has an estimated net worth of $107 Billion. This means, he's earned (on average) over $11 million each and every year of his life, which is thou...

If you want to become a more successful negotiator not only in property but in many areas of your life, you'll enjoy today's podcast which is the second part of a two-part series on how to win at auctions. Today I'm going to discuss the psychological tricks agents and auctioneers use to get the last dollar out of your pocket, in the hope that if you understand these techniques, you'll be a better...

Around Australia, weekend property auctions have become almost a national pastime. When we're not lockdown people go along to have a sticky beak, to get an idea of the market, to fantasize about their dream homes or just to watch the street theatre unfolding before them. It's a bit like watching buskers – you see an auction being conducted you just have to stop and gawk for a while. Of course, ove...

The pace of change has never been this fast, yet it will never be this slow again. They were the words of Justin Trudeau at the World Economic Forum even before the significant changes we have been experiencing in the last couple of years due to Covid. Moving forward a raft of demographic changes are going to fall into place to make Australia look very, very different in 10 years' time – in 2031....

The underlying theme of my podcast is property investment, success and money, and today I will be talking a bit about success with Mark Creedon, founder of Business Accelerator Mastermind. But this isn't a business show – you will find what we discuss today relevant no matter what you do for a living, and if you are a property investor, you really do you have a business on the side – a property in...

Even before property prices started skyrocketing in the past year, buying a new home was unaffordable for many young Australians And today, with the huge surge in prices we've experienced, the dream of homeownership feels like it's moving completely out of reach of many young families. So, are we moving into a society of property haves and have nots? Well, that's one of the topics I'm going to be...

You have probably heard about IQ before. You may even have taken some free online quiz that promises to reveal how smart you are compared to Albert Einstein or Stephen Hawking. So, exactly what is IQ? How is it measured? And does it really matter? That's what I'm going to chat with Tom Corley about in today's Rich Habits Poor Habits podcast. And you'll be pleased to learn that your IQ or your inte...

As a property investor, businessperson or entrepreneur you need to understand more than your craft. But you also need to keep an eye on Australia's economy and while the variables influencing our economic growth are numerous and complex there is one particular driver whose overwhelming influence has the final say – and that's demographics. Yet I've found the significance of demographics is perhaps...

Is this the beginning of the end of the property boom? If you've been following the property news lately you be forgiven for thinking so. The Chiefs of two of the biggest banks have suggested that regulators should step in and introduce macro-prudential controls to slow down our booming housing markets. In the closing statements of the 'Housing Market and Financial Stability' speech delivered by t...

The general theme of my podcast is property investment, success, and money. But today's show is more about you. If you're like many Australians you're sick of Covid; and by that I don't mean sick with Covid. But sick of the limitations, the restrictions, the lockdowns, the inability to get on with your life or your investing, or your business. I know many of us are feeling angry, cross, or frustra...

If you've been following the Real Estate columns in the media recently it would have been hard to miss stories about mortgage stress and rising interest rates. Of course, it's the same property pessimist chasing a headline giving biased views based on the preconception that our property markets are about to crash and backed up by very small sample sizes of data. So in today's show, Dr. Andrew Wils...

In today's podcast we're going to take a deep dive into the Brisbane property market with two of my regular guests, Stuart Weymss and Brett Warren. After a number of years of sluggish growth, Brisbane has been one of the strongest performing property markets over the last year and is likely to continue to be amongst the top performers over the next few years. Today you'll hear that recently Pam an...

Australia's economy and our property markets don't operate in isolation, so I believe it's good to regularly have a look at the big picture, the macroeconomic factors affecting not just Australia's economy, but the world economy to help us understand what's ahead for us, and I do this once a month in these Big Picture Podcasts with Pete Wargent. Since our chat last month Australia's circumstances...

Australia may just have side-stepped another recession by the skin of its teeth after recording a small uptick in GDP growth over the June quarter. After an initial "miracle" V-shaped recovery, our economy did a U-turn as much of Australia was locked down at the end of the June quarter. And economists seem united about the outcome of the current September quarter – we will be seeing a steep drop i...

Are you just starting out in property investment? What fee will you choose to pay? You're probably hoping for none. In today's show, we're going to talk about learning fees that you could end up paying as a property investor. While some are obvious and paid-up front, it can quite often be the less obvious fees how much they may cost you over the life of your investment. And if you're not looking f...

What's the outlook for the Australian property markets for the rest of 2021 and beyond? This is a common question people are asking now that our real estate markets are experiencing the challenges of lockdowns. However, despite a sequence of fifteen State or Territory lockdowns so far this year, property prices have been largely unscathed. And even though the rate of house price growth is slowing,...

Why have you been so successful in reaching some of your goals, but not others? It turns out that even brilliant, highly accomplished people are pretty lousy when it comes to understanding why they succeed or fail. It's not as simple as you are predisposed to success because you were born with certain talents or lacking in others. That's just one small piece of the puzzle, so today we're going to...

Who are your mentors? Who do you turn to for knowledge, to help you set goals, to help support your growth, to help you keep accountable, and to offer encouragement? It's impertinent to think that you can achieve the type of success on your own that took others decades to achieve. I guess mentors are a shortcut to success and they also stop you're going down the wrong path and point you in the rig...

To have a better lifestyle you don't actually need to earn more money, you just need to use the money you earn now in a better way. These are the words of my guest in today's podcast, Angela Santalia, who has written a book called The Money Messenger, and today you'll hear her thoughts on how to control your money and live the life you want. Now while many people listen to this podcast because the...

As the world works its way through the confronts of the Covid related economic issues, lockdowns, and health challenges, one thing has become clear. The rich keep getting richer. They seem to do this through pandemics, through good times and bad. And this has led a lot of people to ask why? How? What do they do differently? That's what we're going to discuss in today's Rich Habits, Poor Habits epi...

The resurgence of Covid-19 across the country is causing concern. It wasn't that long ago that we experienced minimal, or no cases of Covid around Australia and we thought we had this Coronavirus thing licked, and all of a sudden we are confronted with lockdowns, uncertainty, and everything that goes with it. As Australia's circumstances continue to rapidly evolve, many are wondering what this mea...

Tim Ferris, #1 New York times bestselling author has written a new book - Tools of Titans . In it, he shares the tactics, routines, and habits of billionaires, icons, and world-class performers. You could read this great book which is well over 700 pages long or you may instead enjoy my chat today with Mark Creedon who will share the top seven lessons he got from this book in this month's Build a...

The property industry, and investors in general, welcomed the Labor party's announcement that they won't change the rules of negative gearing if they got into power. So, is this the end of the debate? Not necessarily according to Stuart Wemyss who still has some concerns that we're going to talk about today. We'll also discuss the concept that sophisticated investors shouldn't have to jump through...

In a time of lockdowns, thinking 40 hours ahead is sometimes a challenge. Now try thinking 40 years ahead. Well, that's what the Federal Government has done when it recently released its fifth Intergenerational Report. It has taken a 40-year view on where we'll be in 2061 and forecasts that Australia will be older, smaller and more in debt than previous Intergenerational reports suggested. Predict...