Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

In today's show, Ken Raiss and I will discuss inheritance strategies to help make your children richer. Whether you've already built substantial wealth or are just starting your financial journey, it's never too early or too late to start thinking about how to pass on your wealth to the next generation. Today Ken shares his insights and expertise on estate planning, trust structures, and tax impli...

Welcome to another Big Picture episode of the Michael Yardney podcast, where I chat with leading financial commentator Pete Wargent. Since our last chat, a lot's happened, including rising inflation causing embarrassment to the Reserve Bank, with some commentators now speculating interest rates will rise again. As usual, there are clues in the news as to what's ahead for our economy and our housin...

For years, the dream of homeownership has seemed increasingly out of reach for many. But what of those who can't even afford to rent Social Housing? Waiting lists are overflowing and the number of available dwellings just needs to catch up. Today Nicola McDougall, chair of the Property Investment Professionals of Australia (PIPA) joins me and passionately advocates for a fair and more effective ap...

Today, I look into an issue that's causing ripples across the Victorian rental market and beyond. It's the exodus of landlords. Joining me today is Mike Mortlock, Managing Director of MCG Quantity Surveyors, who recently wrote a detailed report about this. Not surprisingly, the problem isn't just confined to Victoria. In general, many property investors are getting nervous and they're selling up....

On today's episode, Dr. Nicola Powell, the Chief of Research and Economics at Domain, and I want to discuss her latest Domain House Price Forecast Report, and I ask her to share her property forecasts for the financial year 2025. We'll delve into the key findings of the report, explore regional variations in house prices, and discuss the economic factors influencing the market. We'll also cover th...

Today we're going to dive into the world of wealth creation and breaking the cycle of poverty. Joining me is Tom Corley, who's dedicated his career to understanding the behaviours that separate the rich and the poor. According to Tom's research, only 4% of people born into poverty become rich. Now, that's a shocking statistic. Why is it so hard to break free? What are those habits holding people b...

The common rhetoric in the media is that property prices just can't keep going up; they're too expensive, and our children will never be able to afford to get into the housing market. Is this true? Is the property party over? I'm sure you've also heard it said that Baby Boomers like me had it much easier back in our day, since it was easier to get finance and affordability was better, meaning it w...

While we regularly talk about property on this show, today we delve into the fascinating world of investment psychology with my good friend, Louise Bedford. If you're not familiar with Louise, she is a leading expert in behavioural finance, a best-selling author, educator, and expert in trading psychology, and known for her ability to blend the intricacies of financial markets with the profound im...

Are you feeling a bit overwhelmed by all the conflicting information about Australia's housing markets? Well, you're not alone. A short while ago, Ken Raiss, director of Metropole Wealth Advisory, and I conducted a webinar, and even though there were well over 1,500 people registered for the webinar, I know the audience to this podcast considerably, considerably more than that, and so, therefore,...

I have a very special episode for you today, where you'll hear Mark Bouris discuss what the Reserve Bank should think about when making interest rate decisions. You're going to hear Mark Bouris explain how he keeps his wealth – and it's not what you think. He's also going to explain the real reason you should build wealth now. Mark was the guest speaker at our recent Wealth Retreat. You're going t...

Today's episode will not be a property episode, but it will definitely relate to property and building your wealth over time. Becoming financially fluent would be the best gift you can give yourself. The challenge is who do you listen to? Who do you get advice from? That's why, in my daily Property Update we deliver property information from a range of leading experts and I discuss a lot about how...

I've often said that property investment is a game of finance with some houses thrown in the middle. But currently, more and more investors and homeowners are having difficulty getting finance, so what should you do? What type of finance strategy should you have to make yourself more attractive to the banks and why can some investors get loans when others can't? These are only some of the question...

If you're a property investor, the most common question you will likely ask is, "Where should I buy my next investment property?" In fact, who wouldn't give their second garage to know which city will outperform over the next decade? Well, that's the question I'm going to ask my guest today - independent financial adviser Stuart Wemyss, Director of Prosolution Private clients, who is going to give...

Today I'd like to explain to you why our housing crisis is going to expose some of the flaws in the quick-fix solutions our major political parties are telling us is going to solve the housing crisis. I was writing a blog about this, and thought I've got to discuss it with you now. As a regular listener, you'd know I normally have guests on the show, but it's just me and you every now and then. An...

There are 106 suburbs across Australia that are cheaper today than they were five years ago, new analysis shows, despite house and unit prices doubling at the same time. That's one of the reports from Domain that I'm going to chat about today with Dr. Nicola Powell, Domain's Chief of Research and Economics, and we will also discuss Domain's latest reports covering the latest developments in our ho...

Only a few months ago, there was talk about the hope of interest rates starting to fall by the middle of this year. Australia's biggest bank in CBA suggested there could be six cuts in interest rates over the next two years. And then things changed, inflation remained more stubborn and the economy grew strongly and suddenly there was talk of potential interest rate rises. What's ahead for interest...

Would you like to learn the property investment secrets of Australia's richest property investor? Well, today we'll explore the powerful strategies that fueled Harry Triguboff's ascent to billionaire status, as we learn seven lessons from the $26 billion man who is regularly number one or number two on Australia's wealthiest person list. My guest, Tyrone Hyde, director of Washington Brown, has sav...

Over the past few years we've witnessed a whirlwind of changes, particularly in the mortgage market. Mortgage rates have skyrocketed, soaring from 2.9% in April 2022 to a staggering 6.4% today. And if that wasn't enough, the rental crisis has reached new heights, with vacancy rates plummeting to record lows nationwide, causing rents to skyrocket. In the face of these mounting pressures, purchasing...

As we edge towards the end of the financial year, it's the time that you need to crunch some numbers to make sure you have all your tax obligations right, so today I am again joined by Rob Thompson, Assistant Commissioner of the ATO to dive into the world of taxation, specifically targeting tax time tips, the ins and outs of selling property, and the nuances of Capital Gains Tax. Rob's here to ens...

Have you ever wondered why some locations that could be labelled as 'secondary' outperform the established blue-chip suburbs? What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to? Should you be looking for these suburbs, or should you stick to blue-chip locations? I'd like to know if this is a mere market fluc...

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 their obligations correctly. To discuss how to avoid gettin...

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 ponder about what the housing markets will be like in 20 to 30 years. We are living through times of rapi...

Today's show tackles a hot-button issue in Australia: housing affordability. With skyrocketing prices and rents, and a shortage of available homes, many are pointing the finger at immigration. What if we stopped immigration? Would this be the panacea to our housing crisis? Is stopping immigration really the answer? Ken Raiss, Director of Metropole Wealth Advisory, joins me today to discuss this co...

Today, I'm joined by Mark Creedon, and together we explore some priceless investment lessons from some of the world's most successful billionaires. These titans of industry have not only built immense wealth but have also mastered the art of sustaining it through savvy, strategic decisions. Mark and I are going to uncover how their golden rules of investment can be applied right here in the Austra...

Today I'm going to discuss several topics of interest for property investors with Mike Mortlock, the Managing Director of MCG Quantity Surveyors. Mike's team has recently released a report titled 'Rising Tide of Unit Rents Closes Gap with Houses in Major Capitals' that sheds light on some transformative trends and provides an understanding of the shifts in housing affordability and renter preferen...