Wealth Coffee Chats - Feb 28

Australia’s Population Hits 27 Million 18 Years Early (How Immigration Is Great for Investors)

Mar 1, 2024 | Podcasts, Wealth Coffee Chats

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04:44 Australia grows to 27 million people – what is driving the population boom?
07:01 The Australian media unfortunately makes a habit of generating panic amongst property investors.
08:43 Introducing ‘Positive Summit’ in June ‘24: 3 days of learning, connection and positive networking.
09:45 Australia is number 1 in the world for attracting millionaires with over $1M in assets and savings.
11:27 Fresh immigrants to Australia with cash flow immediately make property purchases or start renting.
14:00 The property boom isn’t being transferred to commercial real estate. LVRs are out of sync in 2024.
15:01 Dwelling approvals have dropped while immigration rises: the majority are students who are renting.
17:25 The rest of Australia’s immigrants are skilled workers with money who buy or need large properties.
19:50 The final effect will be higher costs on new properties, fewer approvals, and record vacancy rates.

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