Wealth for Life

21/05/2026

Still rings true today

02/05/2026

The 30-Year Reality Check; REAL ESTATE SUCKS ?

If you look at the last 30 years, Australian house prices have grown by an average of 6.4% to 7.25% every single year.

Think about what has happened in those three decades:

We had the 1990s recession.
We had the Global Financial Crisis (GFC).
We had a global pandemic.

We’ve seen the cash rate swing from 17% down to 0.1% and back up again.
Through it all, the long-term trend has been a relentless climb.

A home bought for a median price of $122,870 in 1991 was worth over $795,000 by 2021.

That is more than six times the value.

The "volatility" everyone is so afraid of is usually just a 12-month blip in a 41-month growth cycle.

… JUST SAYING !!!

19/10/2025

🚀 This is going to be a crazy property boom — here’s why:

✅ Immigration is pouring in – more people, more housing demand.

✅ Interest rates are dropping – cheaper money, higher affordability.

✅ Stock levels are at record lows – limited supply drives prices up.

✅ 5% government deposit scheme – easier entry for first-time buyers.

✅ Consumer confidence is surging – buyers are back in force.

✅ Borrowing power is increasing – banks are opening the taps.

✅ Real wages are growing – more money, more buying power.

✅ Tight jobs market – stability fuels property investment.

💥 Everything is aligning for a massive upswing.

Want to take advantage before it’s too late?

Let’s get you positioned now. 🏡

Melbourne’s property market is roaring back to life, prices are surging, buyers are flooding in, and the city’s long slump is officially over.

26/09/2025

Who you got tomorrow?

1. Winning Team :
2. Winning Margin :
3. Norm Smith Medalist :
4. First Goal Scorer :

Put your answers in the comments below👇and share this post by no later than 2.30pm (EST) game day.

Get all four answers correct and get $2,000 paid towards your home loan / or in cash - compliments of Wealth For Life.

It’s that simple.

Winners announced at 6.00pm on game day.

31/08/2025

27/05/2025

Remember back to your first home purchase?

A piece of land and a nice brick, fibro, or timber house to make way for the great Australian dream?

Back in 1975, the average Australian male earned approx $8,500 p.a and the average home prices during the early-to-mid 1970s was $17,500-$25,000.

In the 1970s banks would loan 2.5 times the total of the husband’s income, the amount they considered “reasonable” risk, so a couple looking to buy their first home could do so.

Today, the average salary for an individual is $85,870 but the average purchase price for a first home in Melbourne is now $895,000.

This is 10 times the salary. And banks simply won’t fund the enormous difference in multiplier between salary and value, as it places them at a much higher level of risk.

In the 1970s you had to have a 33% deposit to secure your first home. This would have amounted to saving approximately $5,000-$8,000 or nearly a year’s salary in total.

You also had to have a minimum amount in an approved savings account for at least 12 months, and couldn’t commit more than 25 per cent of disposable income to mortgage repayments.

In those times, you could lock in a mortgage for 25 years so you knew exactly what your commitments were.

And interest rates were a lot higher so there was a lot more incentive to pay off the home earlier. Interest rates in the 70s were highest in mid 1975 at 10.38 %

Today, Australia’s variable home interest rates sit at around 5.75-6.25 %

When you hear yourself saying that property prices are too expensive today, think back to 1975 when mum and dad swore that $18,000 for a new home was way over the top and prices could not possibly go up any further.

How much property would you have purchased in 1975 for $18,000 if you knew it would be worth close to $1,000,000 today?

Don’t look back in 20 years time when the average Melbourne home will be worth $3.3 million and say to yourself, "I wish I purchased more property back in 2025 for around $700k-$800k".

Imagine how different your life could be ?

22/05/2025

How To Avoid Making Wrong Decisions

1. Facts and not opinions

A fact is a thing that is known or proven to be true. An opinion is a view or judgement formed about something, not necessarily based on fact or knowledge. See the difference?

When making decisions, look at the facts and don’t listen to the opinions of others, unless it is backed up by facts and can be proven to be true.

A set of numbers on a financial feasibility that can be verified and observed to be accurate and correct, without interpretation, should garner strong consideration.

A discussion with a mate over a coffee about an experience they had regarding an investment should be disregarded unless backed up with facts. Facts and numbers don’t lie, people do.

2. Look and don’t think

Looking requires you to observe outside of yourself, outward at what is obvious. When you do this, you are in present time (in the now) and not in the past or the future.

Thinking on the other hand, does not exist in present time (in the now) as it depends solely on the past or the future. Thinking is a scrambled and messed up way of arriving to conclusions or decisions as it doesn't take into account logic, facts and data.

The thinking is done with an area of the mind which works on a totally stimulus-response basis. (i.e bad experience 20 years ago equals bad experience today and forevermore).

Most decisions made with this part of the mind are wrong decisions. When I hear the words “Let me think about it” I know that one is about to make the make the wrong decision.

When I hear someone say let me “LOOK” at it, I know that they will analyse what is in front of them or LOOK for information that they can observe and arrive at a conclusion based on facts and truths. Big difference.

3. Emotions versus Logic

When emotions are high, intelligence is low and vice versa. Intelligent people rarely get emotional. Never make decisions based on emotion as they seldom turn out well.

If you’re going to fall in love with anything, fall in love with the numbers, facts and the data in front of you. I had a client recently state that he was “thinking” of purchasing an investment property right around the corner from where he resides.

When I asked what criteria he used to arrive at this decision his response was simply “I want to be able to drive past it on my way to work” I responded with, “don’t worry Dave, I can assure you that nobody is going to steal your investment property. It will be there every morning, noon and night, but it won’t make you money anytime soon”. This is hardly the entire criteria that one uses to make a property investment decision as more important factors should take seniority. Emotion is the biggest destroyer of wealth. Nothing comes a close second.

4. Listening to friends and family

Napoleon Hill said it best “ The number one reason people fail in life is because they listen to their friends and family and neighbours” Now these people mean well, but in most cases listening to them will guarantee that you end up like them.

Your health, your finances, your relationship, your spiritual growth will end up matching theirs. Just because they love you and care for you, doesn’t mean you should listen to them.

Only listen to people that are doing more than you and doing significantly better than you in all areas of life.

5. Avoid Free Time

This planet is filled with bad choices and decisions. Most bad and wrong decisions come from having too much free time. When one is busy doing things that are constructive, he doesn’t have time to do things that are destructive.

Po*******hy, strip clubs, drugs, alcohol, binge eating, gambling are all distractions and a result of too much free time. When one is focused on expansion and growth toward big constructive goals, one will have no time for destructive behaviour.

The most amount of trouble (wrong decisions) I ever encountered in life was in school, during the holidays and between Saturday nights and Sunday mornings. If you’re going to get addicted to anything, get addicted to productivity and purpose and you’ll end up with a lot more good and right decisions. Too much free time is your enemy.

If we look at investing, in order to avoid making wrong decisions, make sure you "LOOK" at the investment opportunity in front of you by observing the numbers, the facts, and gathering any missing data in order to arrive at a decision based on "knowing" and not "thinking".

21/05/2025

The burning question on the lips of every home owner. How many more rate cuts in 2025?

The stage is set for a massive shake up in property market competition with the Reserve Bank confirming the second cash rate cut of the year yesterday.

Another 0.25% has been knocked off the cash rate in the bank’s first decision since the 2025 federal election.

The new rate of 3.85% is the lowest Australians have experienced in more than two years and is likely to push home prices, borrowing capacities and buyer confidence up.

But how many more rate cuts are there in the next 7 months?

Australia’s largest lender Commonwealth Bank is anticipating further cuts to the cash in August and November to bring the end of year cash rate to 3.35%. This would be the lowest rate since February 2023.

ANZ updated its rate cut forecast off the back of the tariff announcements and is also predicting two more rate cuts for 2025, aligned with Westpac expectations.

National Australia Bank – the only big four bank to have predicted a double cut yesterday – is retaining its bullish anticipation for cuts in July, August, November and February 2026.

When you look at the direction of inflation in the last 12 months (currently sitting at 2.4%) and with wage growth remaining contained despite a tight labour market, one could argue that further cuts are warranted.

Add the Tariff woes from the US government which have also fuelled anxiety among buyers and sellers recently, along with increasing unemployment figures and you could be quite optimistic about further rate cuts in the coming months.

Further rate cuts will fuel housing growth, in an economy however where housing affordability is already at an all time low.

I expect the RBA to be very cautious in the coming months as it observes consumer spending, unemployment figures, lending practices, housing affordability and the global uncertainty coming out the USA.