Key takeaways The Minns government will build apartment blocks for Sydney’s essential workers, offering them cheap rent so they are not priced out of the city. Essential workers, including nurses, paramedics, teachers, allied health care workers, police officers and firefighters, are set to benefit from the BTR scheme. The funding will enable Landcom to acquire…
Millennials who delay buying their first home are putting themselves at huge risk of being long-term renters. But complaining about a lack of affordability isn’t going to get them anywhere; instead, they need to start to turn attitude into action. The fact is: that the number of first-home buyers is dwindling. This is a massive…
Key takeaways The NSW Government is planning to increase property owners’ insurance costs by shifting the cost of the Emergency Service Levy (ESL) onto them, and increasing surcharges for foreign purchasers, raising the surcharge land tax, and freezing the land tax threshold. The Government’s solution to the state’s economic woes is to transfer the increased…
Becoming a successful entrepreneur is not easy. I spent five years studying 177 self-made millionaires and I have to say, the entrepreneurs in my study were among the most courageous, fearless individuals I have ever met. They put everything on the line. They took enormous risks in the pursuit of their dreams. If you want…
Property Development involves a wide range of activities and processes from purchasing land, building and developing high-rise apartment buildings and everything in between. In order to be successful, you’ll need to educate yourself on property, the markets, economics, finance, town planning, the construction processes and the marketing of real estate projects. Sound like a lot of…
Key takeaways Victoria’s rental market is facing significant challenges, with a net loss of 5,044 rental properties over the last three months, and a downward trend in investor loans indicating a broader reluctance among investors. This is further shrinking the available rental stock, making it harder for tenants to find affordable housing. To address this…
We are currently witnessing what could be described as the greatest wealth transfer in modern history. As the baby boomer generation begins to age, a massive amount of wealth is being transferred to the subsequent generations. Over the next decade, this generation, who rode a wave of economic prosperity for decades, is forecast to pass…
The late Jim Rohn was a gifted storyteller with dynamic delivery and thought-provoking substance. His philosophy was an important influence on me as I was growing my wealth and business so today I’d like to share a collection of his quotes: 1. “To become financially independent you must turn part of your income into capital; turn…
Key takeaways It’s really a combination of our mindset, habits, and behaviours that rule our financial destiny. Let’s look at 7 tips that could make you rich: 1. If you are born poor it’s not your fault, but if you die poor it’s your mistake 2. Don’t follow the herd 3. You should know how…
Remember that old-fashioned saying, “Behind every great man is a great woman”? These days, of course, it’s just as likely to be a man behind the successful woman, but the meaning behind the saying is as true as ever. Because if there’s one thing I know for certain: you’re only as successful as your support…
