Australian Economic Forecasts – The Forward View

There’s little doubt Australia’s economic recovery has surprised even the most optimistic of us.

Consumer and business confidence are high and 90% of the jobs lost through the CVC (Corona Virus Crisis) have returned.

So what’s ahead?

The NAB have recently released their updated economic forecast looking out to 2023 and are expecting firm economic growth but more moderate reductions in unemployment.

Here’s what the NAB had to say…

The economic recovery continues to unfold at a brisk pace – and forward-looking/high-frequency indicators point to ongoing strength inactivity and the labour market even as some fiscal support is wound back.

While NAB data shows some softening in consumption growth, the NAB Business Survey showed ongoing strength in March.

Alongside strong reads for confidence and conditions, capacity utilisation also strengthened further, suggesting that beyond just rebound inactivity, there is likely a solid underlying momentum in the economy.

NAB sees GDP as … Read more

Continue Reading

Turn Your Kids’ Artwork Into A Treasured Keepsake With Crumb Kids!

Turn Your Kids’ Artwork Into A Treasured Keepsake With Crumb Kids!

Creative People

by Sally Tabart

Photo – Bri Hammond for The Design Files.

Photo – Bri Hammond for The Design Files.

Photo – courtesy of Crumb Kids.

Photo – Bri Hammond for The Design Files.

Photo – courtesy of Crumb Kids.

Photo – Bri Hammond for The Design Files.

Photo – Bri Hammond for The Design Files.

Photo – Bri Hammond for The Design Files.

Photo – Bri Hammond for The Design Files.

Photo – Bri Hammond for The Design Files.

Once upon a time, Bindi Howarth of Crumb Kids worked as a textile designer for high-end fashion brands in New York and London. A few years after returning to Melbourne, where she was freelancing as a graphic designer, a friend asked her to help turn a student’s artwork in a print, to be printed on fabric and made

Read more

Continue Reading

Michael Yardney’s net worth – The truth about building wealth through property

I know a reasonably common Google search is “what is Michael Yardney’s net worth ?”

In fact, a question I’m asked frequently  is, “Michael, what’s your net worth?” 

And while I can understand that this may be of interest to some people, I’m sorry to disappoint you…

I don’t answer this question with a definitive number, but I’m always happy to talk to people about how I achieved my financial success in the hope that they can learn some lessons they could use.

I usually explain to them that throughout my journey I’ve had more than my share of failures (both personal and financial and many of them self-induced) but I’ve been lucky to also have my share of successes.

Well, maybe it wasn’t luck, because the more I learned about success, in all areas of life, the more I realised that luck has very little to do with it.… Read more

Continue Reading

A Modernist Mansion Fit For A ‘Contemporary Goddess’!

A Modernist Mansion Fit For A ‘Contemporary Goddess’!

Modernist Australia

Patricia Callan

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

Photo – courtesy of Danielle Geagea at Zsa Zsa Property.

An unexpected thrill to an otherwise ordinary week is guaranteed when an Iwan Iwanoff home pops into view. From the destroyed to groundup grandeur of Paganin House (1965) to the untouched museum piece of Toschkoff House (1959), a celebrated slice of residential Modernism from the Perth-by-way-of-Bulgaria tour de force, nowadays, always draws a deserved crowd. Now comes ‘Golowin House’ (1959). Cherished and restored by its savvy owners, who

Read more

Continue Reading

Property price growth to level out over the rest of this year

The internet and newspapers are awash with stories of properties selling for amounts wildly above reserve.

Such news can create FOMO and fuel buyer demand.

But buyer overexuberance is rarely sustained for long periods of time.

My feeling is that price growth will level out this year and I set out the reasons why below.

Properties can sell above reserve for many reasons

Last month, a property located in the Eastern suburbs of Sydney (209 Edgecliff Road, Woollahra) sold for $1.5 million more than the reserve.

Of course, this is an extreme example, but stories of properties exceeding reserves suggest the market is running away.

I’m not suggesting these results aren’t noteworthy. They are.

However, we must remind ourselves that multiple factors can contribute towards a property selling for more than its reserve.


googletag.cmd.push(function() googletag.display(‘div-gpt-ad-1591951428937-0’); );

Firstly, of course, it could be that the demand is so strong for the … Read more

Continue Reading

Load More