Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Superannuation, or 'super', aims to help keep us financially secure when we move into a post-work lifestyle, and has been a crucial part of Australian lives for more than 100 years. While most Australians have their superannuation in industry funds, more and more Australians are looking at setting up their own self managed super fund. In today's show we discuss whether you need one or not. So if you have a SMSF my discussion with Ken Raiss will be very valuable for you, and even if you don't have one at present, it's probably worth understanding why so many Australians have set up their own Self-Managed Superannuation fund. Links and Resources: Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place and your SMSF Trust Deed is documented correctly– click here In turbulent times like we're experiencing why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Why not get your bundle of E-books and resource is as a is my gift for subscribing to this podcast www.PodcastBonus.com.au Shownotes plus more here: Do you have an SMSF? Should you have an SMSF? With Ken Raiss

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 in the rising interest rate environment. So, what should you do? What type of finance strategy should you have to prepare yourself for what's ahead? And how do you deal with the banks? And do you know about private lending channels? What are they, and how can you take advantage of them? That's what I discuss in today's podcast with Daniel Gold I also chat with Greg Hankinson, director of Metropole Constructions about how much building costs have risen recently and what's ahead for construction costs. Links and Resources: Michael Yardney Dan Gold Director Long Property Finance Brokers Get in contact with the experienced team at Metropole Property Management & we'll help you maximise returns, minimise risk & make it easier Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: How to deal with the banks when interest rates are rising, with Dan Gold

We know that there is a dire housing shortage around Australia, not just for rental accommodation, but for people needing social housing, affordable housing, and for people wanting to live in desirable locations around Australia And this is only going to get worse with our borders now open to skilled migrants and international students. So, it was great to see that the recently delivered budget contained multiple housing initiatives, including the "aspirational target of 1 million new, well-located homes over five years from 2024". But in my mind, while our government sounded serious about housing — I don't think they're serious enough to fix the structural problems that have locked so many Australians out of owning a home and, increasingly, renting one. And that's what I discuss in today's Podcast with Dr. Andrew Wilson, chief economist of My Housing Market. 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 Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Labor wants to build 1 million new houses. Is that really possible? With Dr Andrew Wilson

Today's show is one of our popular question-and-answer sessions. But this is one with a difference. I guess it's more like a speed-dating session. Not that I've ever had a speed dating session. Not that I've ever had a speed dating session. But today's show is the audio of a Zoom meeting I had with a small group of clients and prospective clients of Metropole who asked me a wide range of questions about our property markets and our economy. I'm sure you've thought of some of these questions yourself, so hopefully, I can give you some clarity on the answers. 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 Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Your property questions answered – speed dating style

It's been an interesting few weeks full of economic news, which has led to further uncertainty about the future of our economy and our property markets. If you're a regular listener, you'd know that once a month, I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts and we look at the macro factors affecting our economy and our property markets, and we've got a lot to discuss today. If you asked me at the beginning of the year, I would not have thought that we'd be talking about inflation reaching 8%, interest rates at 30-year highs, or a war overseas that keeps raging on and floods back home creating havoc. However, all these factors influence what's happening to our economy and our property markets. Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's new Podcast Pete Wargent's blog Shownotes plus more here: What the economic downturn means for property | November 2022 Big Picture Podcast with Pete Wargent

They say the road to success is paved with failures, and speaking from personal experience, I know that's very true. Life is a continuous learning experience. Throughout our lives, we keep rising and falling, picking up important lessons along the way. Some of these lessons come from experience, yet there are others that we learn by watching others or reading in books. In today's show, Mark Creedon and I discuss a series of life lessons from Robin Sharma, best-selling author of books like The Monk who sold his Ferrari. I think these lessons will be just relevant in property investing as they will be in business, entrepreneurship, relationships, in fact, in all areas of your life. And hopefully, by the end of today's show, you'll have some great ideas, inspiration, and new plans to make the coming year the best year of your life. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Why not join Metropole's Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs Join us at Wealth Retreat 2023 – www.WealthRetreat.com.au Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Powerful Life Lessons from Robin Sharma, with Mark Creedon

Are you wondering what's ahead in property for 2023? Maybe you'd like to know what other Australian property investors plan to do. Well, that's exactly what we discuss in today's show as we unpack the results of this year's Property Investor Sentiment Survey. You'll hear what 1,900 Australians feel about our current real estate markets and what they plan to do. And you'll also hear how rising interest rates and inflation are affecting their household budgets, what they mean for their property plans, and how, if at all, it changed their strategy. You see…these Aussies took part in this year's Property Investor Sentiment Survey run by my Property Update newsletter in conjunction with Finder.com.au. And you'll find some of the findings eye-opening – I know I did – especially when I read how many investors sold up last year and the reasons why they did. Even more curious was how many investors are planning to sell up their properties in the coming year. And as usual, I'll share a mindset message with you because if you can change your thinking, it could change your life. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Sarah Megginson – Money Expert at Finder.com.au Finder Money App Join us at Wealth Retreat 2023 – www.WealthRetreat.com.au Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Here's what 1,900 investors think is going to happen to property in 2023, with Sarah Megginson

There have been some interesting property headlines recently, haven't there? Things like Australia's house prices are seeing the fastest quarterly decline on record. An Australian property market crash is coming. The chances of a crash in house prices just jumped. A Freedom of Information report revealed internal research by the RBA found property prices could fall by as much as 20% Is a property crash really likely? That's what I was recently asked by Nathan Veccio, Mortgage Coach and Brisbane based Mortgage Broker at Hunter Galloway, in an interview for his YouTube Channel And considering that thousands of people watched the interview and over 90 commented on this interview, I asked Nathan permission to replay the audio version for you as a listener of my podcast. I think you'll find the questions Nathan asked me insightful, and even though you may have already heard some of my views on what's ahead for our property markets, considering all the changes in the few weeks since we recorded this interview, I think my comments are even more relevant. Rather than being overly worried about inflation, rising interest rates, and all economic woes, please take the time to listen to my thoughts, and I hope at the end of today's show, you'll have a bit more clarity of watch ahead. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Nathan Veccio, Mortgage Coach and Brisbane-based Mortgage Broker at Hunter Galloway Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Are we inching closer to a property crash?

We're living in challenging, stressful times with a barrage of mixed messages about what's ahead for our economy and our property markets. Everything seems to be stacked against those looking to invest in property, falling values, rising interest rates, and various governments interfering, making it seem like we are losing control of our investments. The bottom line is investing is getting harder. It's easy to see all the risks and problems now, but in five years, it's likely we will look back and see lots of missed opportunities because the rear vision mirror is always clearer than the windscreen. Another prediction I'd like to make for five years' time is that 50% of those who buy an investment property in the next year or two will have sold up. Why do I say this? Because that's what's been happening for the last few decades. And unfortunately, many who will have held onto their investment property won't be owning an investment-grade property. Meaning they won't achieve the financial independence they're looking for. What can you do about this? How can you end up being in that small group of investors who own a substantial property portfolio? That's what I'm going to be asking leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Blog - – Focusing on rental income cost you $1million in lost wealth Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Making this investment mistake could cost you $1million, with Stuart Wemyss

Have you noticed how everybody seems more stressed lately? For many, it seems harder to be happier at a time when everyone seems to be more stressed because of the continual changes occurring. It started with the uncertainties of Covid a few years ago, and for most of this year, the media has been scaring us with the bogeyman of inflation, rising interest rates, lower living standards, and possibly even a recession. So, in today's show, our focus is going to be a little bit different - we are not going to be talking about property – we'll be discussing another important part of your wealth because my guest Merv Neal is going to teach you how to cope with stress. 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 Merv Neal http://www.mervneal.com Holistic Services Group. www.holisticservices.com.au RUOK? If you have any concerns: Speak with a friend Call Lifeline 13 11 14 or Beyond Blue 1300 22 4636 for 24/7 support Shownotes plus more here: Here's a really weird but practical way to cope with stress with Merv Neil

In today's podcast, we talk about property management, but we're going to bring up some things you may not be aware of. Did you know that one state legislation requires you to give your tenant your personal email address or your mobile number? Did you know that in another state, you can't ask potential tenants their age or their occupation? How can you do a thorough tenancy check? Boy, has legislation moved in favour of the tenants rather than the property investors. No wonder more and more investors are wondering if it's all getting too hard. So, what can you do to protect yourself and the significant investment you've made in property? That's what we discuss today with Leanne Jopson, national director of Metropole Property Management. Links and Resources: Michael Yardney Leanne Jopson National Director Metropole Property Management Get in contact with the experienced team at Metropole Property Management & we'll help you maximise returns, minimise risk & make it easier Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Why would anyone bother being a landlord? With Leanne Jopson

What's ahead for Australia for the balance of this decade? That's what I discuss today with leading demographer Simon Kuestenmacher. Forecasting is important because it can help us to make better investment and financial decisions. If we have a sense of where the world and our economy are going, we can prepare better. In theory, that's what forecasting should do. In practice, it's much harder as the world keeps throwing surprises at us. But if you've heard my chats with Simon before, you'll know how he shares great insights, so if you are interested in property investment, or just the future of our country and how it will relate to you, your job, and your prosperity I'm sure you'll get benefit from my chat so welcome to this week's show. Links and Resources: Simon Kuestenmacher - Director of Research at The Demographics Group If you're keen to buy your next home or investment property, why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here: www.PodcastBonus.com.au Shownotes plus more here: Here's what Australia's aging population crisis means for us, with Simon Kuestenmacher

Today's podcast initially started as a regular question and answer session with Ken Raiss where we answer your queries, but it ended up being a discussion on the role of property investors based on a comment made by a friend of Ken's who said that "property investors are the scum of the earth feeding off poor tenants." While I'm sure as somebody interested in property, you'll have your view on this, I think you'll enjoy my chat with Ken today as we initially answer Grant's question about whether Australia will fall into recession. Now I know we've discussed this before, but the world has changed since then, and then you hear our opinions on whether property investors are the scum of the earth or how they fulfill a critical role in the Australian housing market. Links and Resources: Michael Yardney Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here In turbulent times like we're experiencing why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Why not get your bundle of E books and resource is as a is my gift for subscribing to this podcast www.PodcastBonus.com.au Shownotes plus more here: Property Investors are the scum of the earth + Will we fall into recession – With Ken Raiss

Property investment has lost its appeal for 45% of Queensland investors, according to the latest Property Investor Sentiment Survey by PIPA. The survey found many investors are selling up, and quite a few feel they are longer in control of their assets. I'm sure you'll still find my chat with Nicola McDougall, Chair of the Property Investment Professionals of Australia interesting, especially as you compare yourself with what other Australian investors are planning to do. 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 Nicola McDougal's Book - The female Investor PIPA Annual Property Investor Sentiment Survey 2022 Shownotes plus more here: Property Investment has lost its appeal, with Nicola McDougall

One of the best parts of being involved in the property markets is that I'm continually learning. However, one of the things I've learned from history is that we don't learn from history. How often have you heard people say this time is different when really it isn't? Some things just don't change. In today's podcast, I chat with Brett Warren, national director of Metropole and we discuss some of the lessons I've learned from history and talk about some things that don't change to help give you some clarity and direction in these interesting challenging markets. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: The 4 most dangerous words in property investment, with Brett Warren

Who do you ask for property investment advice? With so many mixed messages and vested interests, who can you really trust? And in today's property markets, there are very few advisers who have the perspective of having lived through and successfully invested in several property cycles and understand how to take advantage of the current stage of the property cycle. Yet there is a new breed of so-called property experts emerging. So, what's the threshold for being able to call yourself an expert? Usually, experts have years of experience in their chosen profession. They're at the top of their industry, and they shape the path of progress. And yet, there's no shortage of so-called "property experts" and buyers' agents whose only real experience seems to me they've done a short course and really love property. The rise of these so-called "advisors" coincided with the practice of personal branding on social media. While social media has undoubtedly created fantastic opportunities for real experts to connect and share their knowledge, it has also opened the floodgates for a tsunami of self-titled "property experts" looking to flog their books, consulting sessions, training programs, or online courses. So, in today's show, Mark Creedon and I are going to share some advice from Warren Buffett. As I said, don't take advice from somebody you wouldn't trade shoes with, and I bet you'd love to be in his position. The bottom line. These are only a few of the thoughts from probably the most quoted investor. I could easily have made the list twice as long but use these as motivation to think differently. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Why not join Metropole's Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs Get a copy of Mark's new book here – Have a Business not a Job Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: What would Warren Buffett do? 15 ideas for smarter investing in these challenging times, with Mark Creedon

It's been an interesting few weeks full of economic news which has led to a lot of uncertainty about the future of our economy and our property markets. If you're a regular listener you'd know that once a month I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts when we look at the macro factors affecting our economy and our property markets, and we've got a lot to discuss today. Interesting, only a couple of minutes after we recorded this show, the Queensland Government did a backflip and repealed its outrageous Land Tax, so even though we spend a couple of minutes talking about this in today's show, this tax is no longer a concern, however the underlying tendency for Governments to see property investors as an ATM hasn't really gone away. And in other good news Governor Philip Lowe is easing his foot off the economic brake to take time to assess the impact of the most aggressive monetary policy tightening since the early 1990s. The RBA sensibly dropped back to a 0.25% hike this month taking the cash rate to 2.6%. While it's likely we'll have one or two more 0.25% rate hikes, it looks like the peak of interest rate increases is in sight, and in today's show you'll hear Pete Wargent and me give you our thoughts on what that means for our property markets. I also chat with Pete about the latest US inflation figures and interest rate hikes there which spooked the markets as there was no sign that underlying inflation is abating and the probability of a recession in the USA increasing. You may remember that 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. At the same time, he also said he would not be surprised if house prices fall 10 per cent from their peak. But then only a day later Jonathan Kearns Head of Domestic Markets at the RBA suggested the falls could be 15%. But I don't necessarily agree with them, and I explain why in today's show. Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's new Podcast Pete Wargent's blog Shownotes plus more here: Investing is getting harder; should I get out?| October 2022 Big Picture 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 family home, or your next investment property, might be worth to show you that it's a lot more than interest rates. Links and Resources: Michael Yardney If you're keen to buy your next home or investment property, why not get the team at Metropole to build you a personalized Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: The 7 biggest influencers of our property markets

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 falling prices (depending on your postcode), and a general sense of trepidation. If you're a buyer, do you sit on your hands and wait for prices to fall? Or do you buy now before interest rates and inflation rise even more, reducing your borrowing power and spending capacity? If you're a seller, do you list now and meet the market before prices possibly fall further? Or do you hold off, assuming there will be less for sale in a few months, meaning fewer homes to compete with? In other words, what's the right thing to do now – buy, sell, or hold? That's what I ask leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Here's why now is a good time to buy your next property, with Stuart Wemyss

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 businesses are using inflation as a cover for even higher prices. And speaking of the property markets, he explained he would not be surprised if house prices fall 10 percent from their peak. He also said the RBA wasn't to blame for housing affordability issues - blaming the choices made by society. There's a lot to unpack from Governor Lowes' speech so in today's show Dr. Andrew Wilson and I discuss this plus lots more. 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 Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: RBA interest rate warning: the global signs aren't good, with Dr. Andrew Wilson

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 people, so how do we grow our economy with fewer young people, and what do falling birth rates mean? If you've heard my chats with Simon before, you'll know he shares great insights, so if you're interested in property investment, or just the future of our country and how it will relate to you your job and your prosperity, I'm sure you'll get benefit from our discussion. Links and Resources: Simon Kuestenmacher - Director of Research at The Demographics Group If you're keen to buy your next home or investment property, why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Australia's aging population crisis is almost upon us, with Simon Kuestenmacher

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, all property investors pay a learning fee of some sort. You either pay the market and end up like most investors, never building the substantial property portfolio you're looking for, or you pay to get professional advice. In my mind, not taking early advice from professional means you'll ultimately end up paying a much greater fee. So, in today's podcast, I'm going to ask Ken Raiss, Australia's leading property tax strategist and director of Metropole Wealth Advisory, to share some of the common mistakes he has seen investors make in the hope that we can help you avoid those mistakes. Links and Resources: Michael Yardney Ken Raiss, director of Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here In turbulent times like we're experiencing, why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Shownotes plus more here: A new tax for Property Investors + Common mistakes to avoid with Ken Raiss

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 booming economy, and what will it do to our property markets? That's what I discussed in today's podcast with Dr. Andrew Wilson, chief economist of My Housing Market. 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 Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Will inflation and rising interest rates put an end to our booming economy? With Dr. Andrew Wilson

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 you'll need to understand if you want to be successful in these more challenging times. And I share some major structural shifts that created property booms in the past and what I believe the next one is going to be. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Is property investing an art or science? With Brett Warren

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 property investors often make the same mistakes homebuyers make. Links and Resources: Leanne Spring – Director of Metropole's home buying and selling team If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: 13 common mistakes homebuyers make – and how to avoid them, with Leanne Spring

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, rising interest rates, and falling consumer confidence. Last year almost all property markets around Australia saw strong growth in house prices, but this year the markets were more fragmented, with the Sydney and Melbourne property, in particular, slowing down while the markets kept up their momentum. So back to my original question, what's ahead for property for the rest of this year? That's what Dr. Andrew Wilson chief economist of My Housing Market, and I discuss in today's Podcast 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 Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Spring Property Market Preview, with Dr Andrew Wilson

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, inflation will moderate next year and slowly return to within the RBA's target range, unemployment will hover around 4 percent, real wages will start to grow, and we will end up with that desirable soft landing. However, I'm a fan of being prepared and not having a crisis rather than ending up in a crisis and not being prepared. So once a month, I catch up with leading economic commentator Pete Wargent in these monthly Big Picture podcasts when we look at the macro factors affecting our economy and our property markets. Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's new Podcast Pete Wargent's blog Shownotes plus more here: To buy or not to buy? That's the question, with Pete Wargent

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. Estate planning involves arranging your assets and circumstances in such a way as to ensure that your beneficiaries after your death receive from your assets maximum use and enjoyment at a minimum cost in taxes and heartache. And you can't start this too early, so in today's podcast, Australia's leading property tax strategist Ken Raiss and I explain what estate planning is and what you should do about it. Links and Resources: Michael Yardney Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here In turbulent times like we're experiencing, why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Shownotes plus more here: Estate Planning matters you really must understand, with Ken Raiss

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 Woman in Business & Entrepreneurship. Dr. Wallace predicts robots will be a key part of business teams by 2030. You probably listen to this podcast because you want to understand more about property investment, success, and money, so what does artificial intelligence have to do with all this? Well, by the end of today's show, you'll find out. Links and Resources: Michael Yardney Dr. Catriona Wallace If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Why I never believe the property naysayers (and you shouldn't, either)

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 explained how Wealth Retreat had changed the way they handle their investments, business, and in fact many aspects of their life and how it was the best event they had ever attended. So, what did they learn? That's what we're going to discuss today. Wealth Retreat 2022 Lessons This year's Wealth Retreat on the Gold Coast has now been and gone. There were 100 successful property investors, business people, and entrepreneurs in the room. And while they learned some great lessons from the world-class presenters up on stage, they also learned from the other guests over the 5 days. After all, how often do you find yourself in a room full of successful, like-minded people, that walk and talk the same language? Opportunities like this are few and far between and not to be missed. So today, I'm joined by Brett Warren, national director of Metropole who's been to Wealth Retreat over a dozen times, to see what lessons he learned, or re-learned, that he could share with you. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Critical investment lessons we learned at Wealth Retreat 2022 with Brett Warren

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 others simply get what the other party is willing to give. What's the difference? In my mind, it's that the first group knows how to negotiate. It's more than that; they know how to influence and persuade others to do what they want. So today, I discuss the topic of negotiation, influence, and persuasion with Mark Creedon, founder and CEO of Metropole's Business Accelerator Mastermind. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Why not join Metropole's Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs Get a copy of Mark's new book here – Have a Business, not a Job Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Top negotiation tactics you must learn to succeed, with Mark Creedon

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 intended to do. And yes…property values will fall, but how much will they fall, and how worried should you be? That's what leading independent financial advisor Stuart Wemyss, and I discuss in today's podcast. To make things clear, we are not eternal optimists, and I believe will offer you a realistic view of the risks ahead and the supporting fundamentals. I hope that at the end of today's show, you'll be able to sleep a little better. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: How scared should you be about the property crash ahead? With Stuart Wemyss

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 in our housing markets that will affect our rental markets. 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. Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Here's why our rental crisis will only get worse, with Dr. Andrew Wilson

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 the Property Strategists at Metropole, and I'm sure you'll find her answers insightful. Links and Resources: Michael Yardney Belinda Botzolis – Senior Property Strategist Metropole Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get your bundle of free eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Should I buy, sell or hold Q&A day with Belinda Botzolis

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 the pandemic. To understand what this means for our economy and our property markets today I'm joined by leading demographer Simon Kuestenmacher who'll give us insights into his latest research into what's ahead. Links and Resources: Michael Yardney Simon Kuestenmacher - Director of Research at The Demographics Group If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalized Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Demographics suggest that there's going to be a skills drought, with Simon Kuestenmacher

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 Five Levels of Investing? If you want to become a successful property investor, you really need to understand the five levels of investing. I've created a model to explain the progression most investors take in their path to developing financial freedom. Level 0 – The Spender Level 0 are really not investors – they tend to be spenders and borrowers and as a result, end up with a high level of debt. A large part of our adult population falls into this category and they will never become wealthy unless they do something radically different. Level 1 – The Saver Most people who are not spenders will generally be what I call savers. Their main investment is their home, which they aim to pay off over time. Sometimes they save a little, squirreling away a few dollars of what's left over after paying tax but in general, they save to consume, not to invest. They will get the most leverage by investing in themselves and getting a quality financial education and beginning to build a network of peers whom they can make the journey with. Level 2 – The Passive Investor Level 2 investors have become aware of the need to invest. They realize their superannuation won't get them through retirement, so they learn about investment and accumulate assets. While they are generally intelligent people, they are still what I would call financially illiterate – they don't really understand the rules of money. They must unlearn the flawed, incorrect, and misguided lessons they have learned about money and wealth from unqualified teachers. Level 3 –The Active Investor Level 3 investors realize that they must take responsibility for their financial future and become actively involved in their investment decisions. They become financially literate by building a knowledge base of investment strategies and techniques. Level 3 investors usually leverage the time and expertise of a network of industry professionals as they realize that they can't do it all themselves. They also upgrade their network of advisors and peers, often joining a Mastermind group of like-minded people. Level 4 – The Professional Investor A very small group of investors move to the top rung of the ladder and become a Level 4 "professional" investor who has built and now manages a true investment business. A Level 4 investors' property investment business has a substantial asset base that generates sufficient recurring passive income to pay for their lifestyle costs. They keep growing their investment portfolio whether or not they work in a real job. These professional investors don't hand control of their investments over to others; they retain control whilst employing a proficient team: accountants, finance brokers, property managers, solicitors, and property strategists who have great systems that achieve repeated and consistent results, which are reliable and predictable. This gives Level 4 investors the freedom to choose whether they get up in the morning and go to work or not. Asset Growth first, then income stage It's important to understand that the first stage in becoming financially free is to educate yourself; the next stage is that of asset accumulation – your job as a Level 3 investor is to build a sufficiently large asset base to fuel your "cash machine". Then, only when you have grown a substantial asset base, do you transition into the cash flow (income) stage of your life as a level 4 investor. What is your Level of Wealth? Now it's time for some home truths. How far up the Wealth Pyramid are you? Where do you currently sit in this hierarchy of investors? Everyone starts at the bottom – at Level 0 – but not everyone makes it to Level 4. In fact, few do. But you can once you understand why the rich keep getting richer. What I want you to understand is that the "active" income you make (the pay packet you work for every day) has nothing to do with what level of investor you are and in fact is one of the worst predictors of wealth. One great thing about freedom is the freedom to choose to live the life you want to live. 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 Get a heap of eBooks and reports here: - www.PodcastBonus.com.au Shownotes plus more here: Do you understand the 5 levels of investing? Some of our favourite quotes from the show: "Savers tend to be afraid of financial matters. They're generally unwilling to take risks." – Michael Yardney "You've got to go through the various stages to become financially independent." – Michael Yardney "Continue to wor

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 Wilson, Chief Economist My Housing Market on LinkedIn Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: 2 investing veterans share their tips to manage uncertain economic times, with Louise Bedford

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 not just Australia but the world economy, in our attempt to give you a little more clarity on what's ahead. Once again, we will take a deep dive into what's happening in the world and Australia's economy, and our property market. Links and Resources: Michael Yardney Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's new Podcast Pete Wargent's blog Shownotes plus more here: How long will this property downturn last |The Big Picture Podcast with Pete Wargent

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 you, but I've been reading about families forced to live out of their cars, in camper vans, and even in tents. And these are respectable people with reliable incomes and good rental history to boot. Today I'm going to share a couple of segments to help you understand what's going on. First, there's a replay of one of my recent Property Insider chats with Dr Andrew Wilson where we share his latest rental reports and what we believe is ahead for rental markets. Then I'm going to share some statistics from the census, including one that created a lot of furore about why there's a housing crisis when about 10% of properties were vacant on census night. I will give you some ideas to help you be a better investor. And of course, I'm going to share my popular mindset message. 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 Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: A bleak outlook for renters is good news for investors with Dr. Andrew Wilson

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, consumer confidence has taken a significant hit and that's affecting our housing markets with buyers being more cautious and many taking a wait-and-see approach, while sellers' confidence is more fragile. So, will property values fall 20 or 30%, as some banks suggest? Those topics are what we talk about in this week's Property Insider video as Dr. Andrew Wilson, Australia's leading housing economist and chief economist of MY Housing Market gives you his forecasts for our housing markets for the next 6 months. And considering his strong forecasting track record, I believe he's worth listening to. We also discuss some of the other property news that has happened over the week. 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 Wilson, Chief Economist My Housing Market on LinkedIn Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: A leading economist's thoughts on those forecasts of a property market collapse, with Dr. Andrew Wilson

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 between the rich and ordinary Australians lies in some simple things they do differently. That's what I've invited Mark Creedon, Founder of Metropole's Business Accelerator Mastermind to talk with me about today. 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 Why not join Metropole's Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs Get a copy of Mark's new book here – Have a Business, Not a Job Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: 7 ways the rich are getting richer, and how to join them, with Mark Creedon

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's still an account but doesn't do regular accounting work – instead he gives high-level wealth advice to our clients at Metropole wealth advisory. But he's not a theorist, he's a successful investor, business owner, and entrepreneur with accounting, financial planning, and real estate qualifications. That's why he's able to give a holistic approach to our clients and help them grow protect and pass on their wealth. Today, Ken and I will talk about asset protection. Links and Resources: Michael Yardney Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here In turbulent times like we're experiencing why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Shownotes plus more here: Asset protection strategies to safeguard what's yours, with Ken Raiss

Strategic property investors plan for the long term and therefore theoretically should be immune to the ups and downs of the property market. However, the grinding reminders of the economic challenges we are facing can be a harsh test of character for even the most experienced investor. There is continual news about rising inflation and higher interest rates and how this could lead to a significant downturn in our property market. So how can property investors prepare for the possible turbulent times ahead? That's what I'm going to be asking leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Here's how property investors prepare for turbulent times, with Stuart Wemyss

There are some must-read books on personal finances that will help you develop good saving and investing habits. One of them is Robert Kiyosaki's Rich Dad, Poor Dad, a must-read if you want to learn about personal finance. Now I've interviewed Robert three times on this podcast and while I don't agree with many of his views on Real Estate, and I definitely don't agree with his views that we're heading forth an economic Armageddon, I respect the lessons I learned from him many years ago on personal finance. So today in this podcast with Mark Creedon, founder of Metropole's Business Accelerator Mastermind, I'd like to share 20 lessons I believe you should understand from his great book Rich Dad, Poor Dad. At the end of today's show, I hope you learn a few new things about money and finance and that I will have reinforced a number of things you already knew, and maybe we can help you escape the vicious cycle of working hard your whole life. 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 Why not join Metropole's Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia's leading entrepreneurs Get a copy of Mark's new book here – Have a Business, Not a Job Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: 10 Key Lessons to Learn from Robert T. Kiyosaki's Rich Dad, Poor Dad, with Mark Creedon

A 40-year high in inflation, rising interest rates, talk of our property markets crashing, and our economy falling into recession. Then there's Russia's war with Ukraine. A spike in energy prices, a skyrocketing jump in the price of oil. Supply chain problems. Excessive government spending. Exploding government debt. A huge increase in the nation's money supply. All these factors and others are contributing to increased inflation. But am I worried? Not really. And you shouldn't be either. I'm going to explain why in today's podcast. Links and Resources: Michael Yardney If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalised Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Why I'm not worried about inflation — and why you shouldn't be either

If you want to become a more successful property investor, today's show is just for you. I'm going to discuss how to become more successful as an investor by discussing two separate concepts with you. Are all those other investors crazy? The ones who don't reach success? We're going to have a talk about that. Then I'm going to share with you one thing you're going to have to change to get more successful. Are all those other property investors crazy? Around 8.6 million Australians bought a lottery or scratchy ticket in the last year. That's around 44.8% of our 18+ population. Who is buying all these tickets? When you do the maths, you might think they must be crazy. Fact is: No one is crazy. The decision to buy a scratchy, a lottery ticket, or an off-the-plan property or a house and land package or whatever must make sense to them at that moment and ticks all the boxes they need to check. I've often written about how we're not rational when making investment decisions – we're subject to behavioral biases. I've been a student of behavioural finance for years trying to understand why investors keep making the mistakes they keep making, when the end results of their actions – the negative consequences of the decisions they make – seem so obvious to me. People are often wrong, but few are crazy. Be careful taking cues from other people when you have no idea what they're thinking Many finance and investment decisions are rooted in watching what other people do and either copying them or betting against them. But when you don't know why someone behaves as they do, you won't know how long they'll continue acting that way, what will make them change their mind, or whether they'll ever learn their lesson. No one is crazy, including you. But everyone justifies actions based on poor reasoning, including you. Few people make financial decisions purely based on logic and by using research and spreadsheets. The bottom line: The fun part of behavioral finance is learning about how flawed other people can be. The hard part is trying to figure out how flawed you are, and what stories make sense to you but would seem crazy to others. That's why when making significant property decisions it's important to have a team of independent, unbiased advisors on your side. Here's one thing you need to change to become a successful property investor I've found that for most property investors to change their level of wealth, they must change. Why is change difficult for many of us? Because change makes us move out of our comfort zones. We tend to believe that if we stick with what we know, with what is familiar, then we won't get hurt. In terms of wealth creation, it's not what we know that's holding many of us back. It's what we think we know that isn't so that is holding us back. I'd like to discuss why many Australians are not as far advanced with their wealth creation as they would like to be. What holds most of us back? It's our Wealth Operating System ™ – our financial blueprint – the programming we received as a child. It is no coincidence that your inner world creates your outer world. So, one of the first steps in change is changing your thoughts. How do you think about money, success, and prosperity? Remember: Your thoughts lead to your feelings, your feelings lead to your actions and your actions determine your results. So, money is a result, wealth is a result, and your health is a result. Your results in all these fields have been caused by you – by your actions. The problem is for many Australians their thermostat is not set for Wealth. Many of us need to intentionally change our inner world – our way of thinking. Firstly, we need to change the way we think about ourselves. Why are we scared of change? The only constant in the world, the only thing you can absolutely count on, is change itself. Results change when people change their way of thinking. If any of what I've said has made an impression you will realize that if you're going to go to another place in your life financially, then you are going to have to do some things differently. And doing things differently first requires thinking differently. Until you change how you are, you will always have what you've got. To have more, you need to become more. The rich keep getting richer because they're programmed and conditioned to, while most people are boxed in by the boundaries of their thoughts. If you've heard me speak on the topic of the psychology of success, you'll know I suggest you always get what your subconscious wants, not what you think you want. 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 Get a heap of eBooks and reports here: - www.PodcastBonus.com.au Shownotes plus more here: Are all those property investors crazy? Some of our favourite quotes from the show: "Every decision everyone makes is rationalized in their head when they make it." – Michael Ya

Today I'd like you to come on a journey with me and leading demographer Simon Kuestenmacher. First, we'll go back to the 1950s, then forward to today, and then forward again to 2054. We'll look at how our cities have changed and will change even more over a century as the Australian nation transitioned from a colonial outpost to a cosmopolitan global community. We'll delve into Simon's latest research which tells a powerful story about our nation. It reveals the lifestyle preferences of the Australian people and the drivers of demand for residential property, something all property investors need to understand. Links and Resources: Michael Yardney Simon Kuestenmacher - Director of Research at The Demographics Group If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalized Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: The rise and fall of Australia's Biggest Cities, with Simon Kuestenmacher

How am I preparing for the upcoming property market slowdown? That was a question posed to me by Jarrad Mahon for his Perth Property Insiders podcast, but we discussed much more than what's happening in Western Australia. And that's why I asked if I could share the recording of that show with you, which is what you'll be hearing in a moment because we discussed what I believe is ahead for our property markets, what I'm doing personally to protect myself, and what you can do to ensure that you make the most of the current market and don't become a casualty of the economic and property changes ahead. Links and Resources: Michael Yardney Jarrad Mahon – Investors Edge Perth If you're keen to buy your next home or investment property why not get the team at Metropole to build you a personalized Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Here's how to prepare for the upcoming downturn with Jarrad Mahon

Last year you could buy almost any property, go away on holidays (even though you really couldn't because of Covid) and when you came back you would have been richer than when you went away. But that was a once-in-a-generation property boom that made almost anyone who bought a property look like a smart investor. If history repeats itself, and most likely will, many investors will come to regret the hasty purchases they made last year. On the other hand, at Metropole, we were very selective in the type of properties we bought to ensure our clients' investments would outperform the markets in the short-term and the long term. So in today's podcast, I chat with Brett Warren about the type of property his team of buyer's agents bought for our clients, and hopefully, these case studies will give you some insight into how to choose an investment-grade property. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = at www.PodcastBonus.com.au Shownotes plus more here: Here are details pf some of the properties we recently bought, with Brett Warren

As we sit here today inflation is the highest it's been for years, interest rates are rising and people are wondering how high they will go, plenty of tech stocks are down by up to 50%, the war in Ukraine continues, and supply chains are broken, the pandemic is lingering, China is in lockdown, we have a new government, and on and on. Somehow it feels like there's more economic uncertainty than there has been in years. Even though that's probably not the case But what does all this mean for Australia's economy and our property markets? Since these don't operate in isolation, each month I take time out to have a look at the big picture, the macroeconomic factors affecting not just Australia, but the world economy in these Big Picture Podcasts with Pete Wargent, in our attempt to give you a little more clarity on what's ahead. Links and Resources: Michael Yardney Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's new Podcast Pete Wargent's blog Shownotes plus more here: The Big Picture – economic and property trends you must understand – June 2022, with Pete Wargent