A lot of people have a compulsion to watch the news. If you are not staying informed, it is deemed irresponsible in some circles; however, what if all that news is limiting your income and even keeping you poor?If you watch most TV news, you
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Sacrilege – Cover Your Ears!
A Budget With A Few Nasty Jabs
It doesn’t matter if you’re the treasurer of the local footy club, or the Australian government. The moment you stand up and start talking numbers, people are already wondering how long until the tea and biscuits will be served.That’s why budget night is as much
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Market Catching Its Breath
as Policy Decisions Loom
Auction Results for week ending May 7, 2017.A decrease in demand this week was mostly balanced out by lower auction activity, leading to a slight increase in the combined capital city auction clearance rate.Across the country, 1,662 homes were taken to auction, with preliminary results
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Be Careful What You Wish For
(You Just Might Get It)
It seems a day doesn’t pass without a headline in the press warning of a pending housing collapse, how house price growth is not sustainable, or that something has to be done about housing affordability.True, property prices in Melbourne and Sydney look decidedly expensive compared
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Do You Know The Power Your Lender Has Over You?
Very few people read through mortgage contracts and understand what they are agreeing to. Most of these contracts have clauses that are very one sided and give the lender a lot of power over the borrower, particularly in cases of default.Most people would agree that
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How Regulators Plan to Deflate
the Speculator Wealth Bubble
Are you holding real estate long term because you’re confident house prices won’t be coming down? Allow me to challenge you with one possible scenario where you could be right, but still, all your real estate wealth gains of the last few years slowly dissolve.First,
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Is it Time to Call the Top of the Market?
The combined capital cities auction clearance rate has fallen below 70 percent for the first time in nearly three months. After last weekend’s lacklustre result, Swiss investment bank UBS has warned its clients,“We are ‘calling the top’… we see a moderation ahead amid record supply
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Networking Like a Pro: Preparing for the Event
Swiss global financial services company UBS recently declared that Australia’s property market has now peaked. Does that mean your best property investing days are now behind you? That depends on how good you are at networking.It’s my opinion that regardless of what the market is
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5 Factors That Can Lead to a Market Crash
The RBA is concerned that property investors are taking on too much risk. In this brief video from an exclusive, invitation-only Property Apprenticeship webinar, Steve McKnight shares five economic shifts that could cause home prices to fall dramatically. Click here to learn how you can
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Are the Rich Evil?
If you want to get some big reactions from people, start proclaiming loudly, “I love money.” A senior Australian journalist once said in the Sydney Morning Herald, “Bashing the rich in Australia isn’t something we do, it’s our national pastime.”Now, it’s not okay to speak
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