Australia’s Future Prosperity: A Balancing Act Between Migration, Growth, and Challenges

35:48

In today’s podcast we discuss a few things that never change in a world that never stops changing. And that’s because the things that never change are the most important things to pay attention to. However, change gets the most attention because it’s exciting, it’s surprising, it’s something that the media can comment on. I have found that to be a successful investor and a successful businessperson, I’ve had to be prepared for change, but I’ve also to understand those things that stay the same. Now don’t be confused by all this – it’s not a play on words. You’ll understand what I’m on about by the time you finish listening to this podcast So, let’s look at some things that never change in a world that never stops changing. Takeaways Life is cyclical; both good and bad times will pass. Understanding change is crucial for success in business. Optimism influences our actions and results. History teaches us lessons, but it doesn't repeat exactly. Humans inherently strive for improvement and good. Human connection remains vital despite technological advances. Demographic trends significantly shape our future. The principle of compounding applies to wealth and relationships. Chapters 02:24 The Optimistic Human Spirit 07:53 Resilience in the Face of Change 13:24 The Cyclical Nature of Life 15:53 The Unchanging Human Condition 20:02 The Power of Compounding 21:51 Demographic Trends: Aging Population 23:56 Population Growth Through Immigration 25:24 Urbanization Trends in Australia 27:00 The Growing Asian Middle Class 29:28 Generational Wealth Transfer 31:31 The Rise of Single-Person Households 33:58 The Value of Community in Wealth Building Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here. About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
The One Thing All Investors Miss: Watching Out for the X-Factor 41:22

hace 12 días41:22

41:22

What if I told you the single biggest threat—or opportunity—for your wealth creation journey could be something you never saw coming? In today’s episode, Simon Kuestenmacher and I explore the concept of X-Factors—unexpected events that can significantly impact businesses, investments, and lives. Over the past two decades, we’ve seen plenty of them—from the devastating Global Financial Crisis (GFC) to the COVID-19 pandemic, from global wars to record-breaking migration levels. So today we explore how these X factors, big and small, have impacted the Australian property market and the economy at large. We reflect on historical events, the role of AI, interest rates, and demographic changes, emphasizing the importance of understanding these factors to navigate future uncertainties. Takeaways Historical events provide valuable lessons for future predictions X-Factors are unexpected events that can disrupt economies. Some X factors are local—like government policy changes, interest rate hikes, or a surge in foreign investment. Others are global in nature, stemming from geopolitical events, technological revolutions, or social upheavals. While it’s essential to take a long-term view, you must always prepare for the unexpected. AI is a significant modern X-Factor affecting all industries. Political decisions can create unexpected economic outcomes. Forecasting requires humility and an understanding of complexity. Demographics play a crucial role in economic forecasting. Embracing uncertainty can lead to better decision-making. Chapters 02:17 Historical Context of X-Factors 05:55 Impact of Interest Rates and Consumer Confidence 09:16 Global Events and Their Economic Implications 13:11 The Role of AI as an X-Factor 16:43 COVID-19: A Major X-Factor 20:22 Generational Impact of X-Factors 24:21 Political X-Factors and Their Economic Effects 27:49 Lessons from the Past: Preparing for Future X-Factors 31:39 Conclusion: Embracing Uncertainty in Forecasting 40:52 The Importance of Demographic Awareness Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here. About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
The Great Car Takeover: Is Australia Ready for What’s Next? 33:10

hace 19 días33:10

33:10

In today’s podcast we're shifting gears to discuss something that impacts almost every aspect of our daily lives—our cars. As we look ahead, the next decade promises significant changes in how we drive, where we live, and what we drive." You’ll hear Simon Kuestenmacher explain how he sees a future dominated by cars in a way we haven't seen before. So why not put the pedal to the metal and listen to this week’s show Takeaways Demographic trends are crucial in understanding our future including how we’ll be using cars. Millennials are increasingly moving to suburban areas, necessitating more cars. The shift towards larger vehicles is evident as families grow. Electric vehicles are slowly gaining market share, but still represent a small percentage of all the cars. Infrastructure is under pressure to cope with our population growth and car dependency. Urban planning must adapt to changing demographics and transport needs. Cultural attitudes significantly influence car ownership and transport choices. Self-driving cars could revolutionise urban transport and reduce the need for personal vehicles. Public transport systems in Australia face challenges due to low population density. Chapters 01:01 Demographic Trends Influencing Car Ownership 05:27 The Shift to Larger Vehicles 05:42 New Chapter 25:20 Urban Planning Solutions for Traffic 29:58 The Role of Demographics in Understanding Trends 32:39 The Importance of Demographic Awareness Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here. About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
The age-bomb about to detonate in Australia 31:49

hace 26 días31:49

31:49

In this episode of Demographics Decoded, Simon Kuestenmacher and I explore the concept of the 'age bomb' that will hit Australia and the challenges that come with the escalating demand for aged care, services retirement funding, and we explain the essential role of superannuation. Takeaways Australia's population is aging, impacting various sectors differently. The 'age bomb' refers to the pressures of an aging population. Australia’s 85 plus population will double by 2038, straining resources. Retirement planning is crucial as life expectancy increases. Superannuation is a key tool for funding retirement. Allowing young people to access their superannuation for housing will disrupt long-term savings. Major changes to superannuation regulations are expected. Dementia care is becoming increasingly important and costly. Aged care services need significant expansion to meet demand. Societal attitudes towards aging and retirement are evolving. Chapters 01:27 Understanding the Age Bomb 04:08 Retirement and Financial Planning Changes 06:49 Superannuation and Housing Market Dynamics 09:44 Future Changes to Superannuation 17:51 The Growing 85+ Population 21:29 Dementia and Its Impact on Society 27:34 Conclusion and Future Trends Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here. About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
Are there more winners than losers when house prices rise? 31:08

hace 5 weeks31:08

31:08

Are there more winners or losers in our current challenging house markets? In this episode of the Demographics Decoded Podcast, Simon Kuestenmacher and I explore who the winners and losers are, examine the impact of government policies on housing affordability, and analyse the political landscape affecting young voters. We also delve into the implications of immigration on housing and the widening wealth gap, emphasizing the necessity for a balanced approach to housing policies that considers both supply and demand. Takeaways The housing market is experiencing significant fluctuations. High property prices benefit more stakeholders than they harm. Government policies often exacerbate housing affordability issues. Young voters are increasingly disillusioned with major parties. Immigration impacts housing demand and affordability. There is a widening wealth gap affecting young Australians. Supply and demand dynamics are crucial in housing policy discussions. Political stability is essential for effective housing policies. First homebuyer grants can inadvertently drive up prices. A balanced approach is needed to address housing affordability. Chapters 02:43 Winners in the Property Market 05:25 The Role of Government and Policy 08:14 The Political Landscape and Housing Affordability 10:58 The Future of Housing Policy 13:42 The Effects of Migration on Housing 16:21 Balancing Winners and Losers in the Market Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here . About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney – founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
Inside Australia’s Future: Trends That Will Impact Every Generation by 2025 33:40

hace 6 weeks33:40

33:40

We’re only a few weeks into this new year and already the world is changing around us. No doubt 2025 will bring its own events that will dominate our lives and financial markets, and in this, the third of a three-part series, we discuss various demographic trends and their implications for the economy, interest rates, and consumer behaviour. We explore the spending power of different generations and the impact of geopolitical factors on Australia and emerging industries. Our conversation also touches on the gender pay gap, mental health trends, the rise of vaping, and the influence of corporate influencers on consumer perceptions. If you’re an investor, entrepreneur, or simply someone looking to make sense of the rapid changes around us, you’ll come away with a clearer understanding of not just where we’re heading, but how you can prepare and thrive in this evolving landscape. Takeaways 2025 is predicted to be a year of significant change. Interest rates are expected to drop slightly, but not to historic lows. Millennials are entering their highest spending phase, impacting the economy. Australia's economy is supported by strong demographic trends. Geopolitical factors will influence Australia's trade relationships. Emerging industries like indoor play centers are thriving due to changing family dynamics. The gender pay gap is narrowing, especially among non-parents. Mental health issues are becoming more openly discussed and reported. Vaping poses new health risks and is under-regulated. High consumption is expected as millennials and baby boomers spend more. Chapters 01:48 Economic Predictions for 2025 06:16 Australia's Economic Outlook 08:34 Geopolitical Influences on Australia 11:40 Emerging Industries for Growth 15:43 The Gender Pay Gap 18:13 Mental Health Trends in Australia 23:44 The Rise of Vaping 27:28 Corporate Influencers and Consumption Trends Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here . About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney – founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
The Future of Australia Revealed: Trends That Will Impact Your Life in 2025 30:09

hace 7 weeks30:09

30:09

Are you ready for the changes 2025 will bring? In today’s show we unpack even more insights that will impact how we live, work, and invest in the year ahead. In this second of a 3 part series we’ll discuss some of the most pressing trends, including the ripple effects of Australia’s population growth, the changing face of our workforce, and how technology and urbanisation are redefining our cities. If you’re an investor, entrepreneur, or simply someone looking to make sense of the rapid changes around us, you’ll come away with a clearer understanding of not just where we’re heading, but how you can prepare and thrive in this evolving landscape. Takeaways Demographic trends are crucial for understanding future societal changes. Political events can significantly influence demographic trends and economic conditions. Urban planning is shifting towards medium density and greenfield developments. Australia's population is becoming increasingly multicultural due to immigration. The aging population will drive demand for healthcare and aged care services. Home ownership rates are changing, with younger generations entering later in life. Electric vehicle adoption is expected to rise significantly in the coming years. Working from home is likely to remain popular, especially in Melbourne. Melbourne is predicted to become the most affordable capital city by 2025. Tourism in Australia is set to recover, bringing economic benefits. Chapters 02:33 Greenfield Development and Housing Affordability 07:11 Australia's Multicultural Future 08:07 Aging Population and Healthcare Challenges 09:28 Home Ownership Trends and Rental Market 12:16 The Rise of Electric Vehicles 17:07 The Future of Work and Remote Employment 21:30 Tourism Recovery and Workforce Challenges Join Simon Kuestenmacher and Michael Yardney at Wealth Retreat 2025 –Australia’s Premier Wealth Retreat for Elite Investors and Business People – learn more here . About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney – founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
Will You Be Ready for 2025? Game-Changing Demographic Shifts Unveiled 27:46

hace 8 weeks27:46

27:46

We’re at the beginning of a new year, and the world is evolving at a dizzying pace. Social shifts, technological advances, and economic challenges are rewriting the rules of how we live, work, and invest. But what can we expect this year? And more importantly, how can you stay ahead of the curve? In this episode of the Demographics Decoded podcast, Simon Kuestenmacher and I discuss key predictions for 2025, highlighting political trends, migration, housing affordability, birth rates, and unemployment. We explored how demographic changes will shape the future. If you’re an investor, entrepreneur, or simply someone looking to make sense of the rapid changes around us, this episode will be packed with actionable insights to help you stay ahead. Takeaways The political landscape in Australia may shift with a potential change in leadership. Third parties are gaining traction in Australian elections, indicating a shift in voter sentiment. Migration levels are expected to decrease in 2025, impacting housing and labour markets. Birth rates in Australia are at an all-time low and are projected to continue declining. Economic factors such as cost of living and job security influence family planning decisions. The current unemployment rate remains low despite high interest rates, indicating a strong job market. Demographic trends provide valuable insights for businesses and policymakers. Understanding generational differences is crucial for effective communication and marketing strategies. The role of skilled migration is vital in addressing labor shortages in Australia. Forecasting demographic changes can help in strategic planning for the future. Chapters 00:00 Introduction to 2025 Predictions 01:11 Political Landscape and Election Forecasts 09:04 Migration Trends and Impacts 17:36 Birth Rates and Future Demographics 21:18 Unemployment Trends and Economic Insights Join Simon Kuestenmacher and a faculty of experts at Wealth Retreat 2025 from May 3rd to 7th at www.WealthRetreat.com.au About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney – founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
Australia’s Future Prosperity: A Balancing Act Between Migration, Growth, and Challenges 27:31

hace 9 weeks27:31

27:31

Many say that we are the lucky country, but will this continue? What will drive Australia’s future prosperity? In this episode of the Demographics Decoded podcast, Simon Kuestenmacher and I discuss not only what is going to shape the future of our nation but also some of the many of the challenges we’ll be facing. We explored the benefits and challenges of population growth, the significance of skilled migration, and its effects on housing affordability and social cohesion. Our conversation emphasised the necessity of carefully managing migration and infrastructure to secure a prosperous future for Australia. So, whether you’re a business owner, investor, or just someone interested in the future of Australia, this is an episode you won’t want to miss. Takeaways Australia's prosperity is closely linked to migration. Migration can be a double-edged sword if not appropriately managed. The size of a city is less important than its livability. Infrastructure development has not kept pace with migration. Skilled migration is essential for economic growth. Housing affordability is influenced by various factors, not just migration. Cutting migration may not solve housing issues. Environmental concerns must be balanced with economic needs. Social cohesion can be threatened by rapid migration. Future prosperity depends on effective migration policies. Chapters 00:00 Introduction to Australia's Migration and Prosperity 02:56 The Double-Edged Sword of Migration 05:23 Economic Models and Migration's Role 08:25 Taxation and Wealth Distribution Challenges 11:10 Skilled Migration: Balancing Needs and Policies 13:56 Housing Affordability and Migration's Impact 16:46 Environmental and Social Challenges of Migration 19:32 Future Prospects and Integration of Migrants About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney – founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
The Truth Behind Why Australia’s Wealth Gap is Widening – What No One’s Talking About 28:49

hace 11 weeks28:49

28:49

Today, Simon Kuestenmacher and I discuss a topic that’s been in the media a bit lately – the widening gap between the rich and the poor. Simon brings this issue to life, using a great analogy - the cereal aisle at our local supermarket. Just as the cereal aisle reflects a range of choices influenced by budget, preference, and quality, we’re seeing similar divides when it comes to wealth, opportunity, and lifestyle. We discuss how this shift is impacting housing, education, and social cohesion, and explore the role of automation and migration in shaping future opportunities, highlighting the need for government intervention and the importance of understanding these demographic changes to build a more equitable society. Takeaways The cereal aisle serves as a metaphor for socioeconomic divides. The middle class is eroding, leading to a U-shaped society. Education systems are contributing to the hollowing out of the middle class. There is a significant shortage of affordable housing in Australia. Migration policies need to be improved to fill skills gaps. Social cohesion is at risk due to increasing segregation by wealth. Automation may help balance the workforce but won't eliminate disparities. Global trends show similar patterns in wealth distribution. Government intervention is necessary to address these issues. Future generations may face greater challenges in career opportunities. Chapters 00:00 The Widening Gap: A Cereal Aisle Analogy 02:59 The Erosion of the Middle Class 06:02 Education's Role in Class Structure 09:18 The Housing Market Crisis 12:14 Migration and Skills Gap 15:12 Future Generations and Socioeconomic Segregation 18:13 Automation and Economic Disruption 21:10 Global Trends and Lessons from Abroad 24:09 Government's Role in Addressing Inequality 27:16 Conclusion: The Future of Social Cohesion About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney – founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.…

Demographics Decoded - Unveiling the trends shaping your future

1
The Three Life Peaks That Will Shape Australia’s Housing Future 27:48

hace 12 weeks27:48

27:48

Today Simon Kuestenmacher and I discuss the significant demographic shifts that will reshape the Australian housing market, focusing on three key life peaks: family formation, midlife career shifts, and retirement. We highlight how millennials, now entering family formation, are moving from smaller inner-city apartments to larger family-sized homes, while baby boomers are increasingly relocating to lifestyle destinations as they retire. Our discussion also touches on the expected peak income years for millennials and the impact on housing preferences. Additionally, we explore infrastructure challenges and opportunities in urban planning, emphasising the importance of adaptable educational facilities and community-oriented living environments to accommodate shifting demographics. Finally, we offer insights for property investors on understanding market segments and potential growth areas, underscoring the predictive power of demographic trends in forecasting housing demand. Takeaways: Housing preferences evolve with life stages and demographic peaks are crucial in shaping housing markets. Family formation is occurring later than in previous generations, impacting housing needs. Millennials are entering their highest earning phase. Retirement trends show a shift towards lifestyle destinations. Regional areas face unique challenges with aging populations. Property Investors should focus on growing market segments. Understanding demographics can guide future property investments. Chapters 03:06 Family Formation and Housing Shifts 05:58 Midlife Career Changes and Their Impact 09:03 Retirement Trends and Housing Preferences 11:46 Urban Planning and Infrastructure Needs 15:03 Regional Australia and Demographic Challenges 17:56 Advice for Property Investors 21:13 Future Outlook and Conclusion…

Demographics Decoded - Unveiling the trends shaping your future

1
The Gen Z Effect: How the Youngest Generation is Shaping Our Future 36:46

hace 13 weeks36:46

36:46

Today, we're spotlighting Generation Z — the youngest cohort in the workforce and a group already making waves across various facets of society. This is the last in our 5-part series looking at the various generations and we believe this type of information is essential whether you’re an employer, an employee, a business owner wondering what your potential clients want or need, or a property investor wanting to understand the needs of the different generations. Gen Z is known as the first true digital native generation, having grown up with smartphones, social media, and a hyper-connected world at their fingertips. Today we’ll look at their approach to careers and leadership to their financial habits, communication styles, and housing preferences. We’ll also investigate their social values, their environmental consciousness, and how they’re reshaping the future of work and life as we know it. So, whether you're a business leader trying to understand your future workforce, an investor keen to align with the trends of this emerging demographic, or simply curious about the next generation, this episode is for you. The Gen Z Effect: Shaping Tomorrow's Workforce and Society Today, our conversation covers the world of Generation Z, exploring their unique characteristics, preferences, and challenges. Our discussion provides a comprehensive understanding of how Gen Z shapes society and the workforce with their digital nativity and distinct values. ● Generation Z as true digital natives impacting society ● Gen Z's upbringing in a hyper-connected world and its effects ● Gen Z and social media ● Gen Z's communication preferences, avoiding traditional methods ● Gen Z's approach to careers ● Gen Z's lifestyle choices like van life ● Gen Z's work-life balance and preference for freelancing ● Gen Z spending habits ● How Gen Zs find partners ● Gen Z's housing preferences and inclination toward urban living ● Gen Z's openness to mental health ● How Gen Z feels about sustainability issues Now that we’ve done a deep dive into each generation in the workforce, it’s time to reflect on how these generational shifts will influence the future. By understanding the traits and preferences of Generation Z, businesses and individuals alike can better navigate the evolving landscape. Stay connected for more insightful discussions on the trends shaping our world. Links and Resources: About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results. Some of our favorite quotes from the show: “And we know the government's talking about limiting social media for younger people, but I guess it's also affected their communication style.” - Michael Yardney “The idea is that these young people enter the world of work with a completely different set of leverage. They can make more demands than previous generations.” - Simon Kuestenmacher “They also seem to be much more aware of mental health, the mental health-conscious generation.” - Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on your favourite podcast app.…

Demographics Decoded - Unveiling the trends shaping your future

1
Understanding Millennials: What They Want and Why It Matters 35:50

hace 14 weeks35:50

35:50

Today, we’re diving into the world of Millennials – a generation often in the spotlight, yet frequently misunderstood. This is a continuation of our series looking at the various generations as we believe this type of information is essential whether you’re an employer, an employee, a business owner wondering what your potential clients want or need, or a property investor wanting to understand the needs of the different generations. Born between the early 1980s and mid-1990s, Millennials have grown up in a time of rapid technological change, economic upheaval, and shifting social norms. They’ve been labelled everything from entitled to entrepreneurial, and their impact on the workforce, the economy, and our communities is profound. But what’s the real story behind the headlines? So, whether you’re a Millennial yourself, working with them, or just curious about what makes this generation tick, stick around as we decode the many layers of this often-misunderstood cohort. The Millennial Shift: Career, Housing, and Technology Trends In this insightful podcast episode, we discuss Millennial career choices, housing trends, and the significant impact technology has had on their lives. Our conversation unpacks the challenges and opportunities Millennials face as they navigate an era of economic security and technological advancement. ● The upbringing and economic context of millennials, born between 1982 and 1999, and their journey toward middle management roles ● The 'tyranny of choice' in career paths and how millennials prioritize job satisfaction and meaningful work ● The educational challenges millennials face, including degree inflation and delayed workforce entry ● The generational shift in values, with millennials seeking meaning in work and lifestyle choices over materialism ● Why Millennials are taking longer to hit milestones ● Financial challenges millennials encounter compared to their parents' achievements and the psychological impact of these comparisons ● Millennials' extended rental periods and the anticipated demographic shift towards urban fringes for family-sized homes ● How Millennials' formative years with basic mobile phones shielded them from social media pressures faced by Gen Z ● Millennials' structured lifestyles and distinct communication preferences and how they impact workplace dynamics ● How social and environmental issues shape the behaviors and the consumer choices Millennials ● How Millennials approach health and well-being ● Misconceptions about Millennials ● Next week’s discussion about Gen Z Whether you're an employer, marketer, or property investor, this discussion equips you with the knowledge needed to connect with and support this vital workforce. Links and Resources: About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail, and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best-selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance, and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction, and wealth-producing results. Some of our favorite quotes from the show: “It seems that millennials, as we've started to say, are leaving some of those decisions that their parents or generations before them made earlier: the decision to put down their roots, to get a job, to get married they're taking a gap year.” - Michael Yardney “Millennials, through the long life approach, stayed into the rental stage, the pre-home ownership stage of the life cycle, for longer.” - Simon Kuestenmacher “So, my kids being millennials, I've noticed that they don't like picking up the phone as much to talk. It's very different from my generation where you'd speak to people of my parents' generation who'd write to people.” - Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on your favourite podcast app.…

Demographics Decoded - Unveiling the trends shaping your future

1
Understanding Generation X: The Small but Mighty Force Shaping Our Future 29:46

hace 15 weeks29:46

29:46

Today, in a continuation of our series looking at the various generations, we're shining a spotlight on Generation X—a group that’s often overlooked but whose impact on society, the economy, and the workplace is anything but small. Gen X may not be as large in number as the Boomers or as talked about as the Millennials. Still, this generation has quietly been making waves, steering through economic upheavals, technological revolutions, and the unique challenges of being the 'sandwich generation,' juggling careers, raising kids, and caring for aging parents. Gen X’s Lasting Impact on Society In this episode, we explore the impactful yet often overlooked Generation X. ● [00:02:04] Introduction to Generation X, highlighting their pivotal roles in politics and business despite being a smaller cohort ● [03:30:00] Why Gen X is a smaller generation ● [00:03:38] Gen X era historical events and cultural shifts, like the introduction of the contraceptive pill and no-fault divorce, that shaped Gen X ● [05:53:00] Gen X's upbringing in dual-income households and the resulting work ethic and values ● [00:07:46] Gen X's attitudes towards work-life balance and financial independence, shaped by experiences in the "greed is good" era ● [00:10:49] Gen X's adaptability to technological advancements and their influence on workplace norms ● [00:12:24] Gen X's financial challenges, including homeownership and caring for aging parents, and their pragmatic approach to these issues ● [00:13:47] Where Gen X fits in the housing market ● [00:17:24] The values that define Gen X ● [00:20:02] The pressures Gen X faces, such as peak divorce rates and increased volunteering demands ● [00:23:41] How Gen X utilizes technology, like TikTok, to stay connected with their children ● [00:26:02] Intergenerational dynamics and the importance of understanding these differences for better workplace communication ● [00:27:17] What Gen X’s legacy will be By understanding the significant influence Generation X has had on shaping today's world and appreciating the complexities and challenges they continue to navigate, we can foster better communication and collaboration across generations, both in the workplace and in broader society. Links and Resources: About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail, and professional services industries, among others. About Michael Yardney Michael Yardney - founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best-selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance, and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction, and wealth-producing results. Some of our favorite quotes from the show: “Work-life balance is interesting because I remember when computers came out, people were saying oh, they're going to do all the work for you and you're going to be able to sit on a beach and you're only going to work two, three days a week. It doesn't seem to change, does it?” - Michael Yardney “This is a generation that very much has the tall poppy syndrome. Big is not beautiful. Increasingly, with Gen X, they do think that they're being, you know, just used as a small wheel in this big satanic mill that is the economy.”- Simon Kuestenmacher “I believe that they're also, as we've already said, reasonably tech savvy, so a lot of Gen Xs get their information from websites, from YouTube, from Instagram, compared to maybe the older generations before them who used to read things or read newspapers.” - Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on your favourite podcast app.…

Demographics Decoded - Unveiling the trends shaping your future

1
The Baby Boomer Blueprint: How They’ve Shaped—and Continue to Shape—Australia 35:09

hace 16 weeks35:09