Rate Club: Rate Prediction August 2022
The media are excitedly predicting a rate increase on Tuesday. What are the results of a rate increase? It is a massive transfer of funds from you and me and businesses to the bloated banking sector. They are already sitting on funding at .04%. What a great profit margin! Lowe has proved to be the…
Article: Why did the ABC keep a minister in the dark about secret payment?
The Courier Mail: Des Houghton Revealed: I can confirm the ABC did not bother to tell Labor’s newly-minted Communications Minister, Michelle Rowland, that it made a substantial payment, in secret, to a Queensland richlister to settle a defamation action. Rowland declined to comment, but a reliable…
Property Prosper Retire by Kevin Young
The first day I listened to Kevin Young, I bought the old version of the Property Prosper Retire by Kevin Young, from which I greatly benefited over the years. As soon as I saw them, I bought two copies of the new 2021 version for my two sons. I want to buy more copies to gift to my young friends…
Article: How many new properties are needed to solve the rental crisis?
One of Australia’s largest independent property groups has delivered the volume of properties it believes will resolve the rental crisis that the nation is in the grips of. Kevin Young, president of Property Club, has said that, over the next five years, Australia needs to create at least 1 million…
Article: Minister, come clean on the ABC’s secret defamation payments
The Courier Mail Des Houghton Michelle Rowland, the Communications Minister, has dodged questions about a substantial payment confidentially made by the ABC to settle a defamation action. Rowland declined to say whether the ABC informed her that wealthy Queenslander Kevin Young got $400,000 from the…
My ABC Battle
You bloody beauty!!! I would like you to take five minutes to read this article from The Courier Mail newspaper, which ends my nearly 10-year battle with the ABC over their defamatory comments about the Club and me. In essence, we WON. I say “we” deliberately because I was determined to stand up for…
Self-Funded Superannuation For More Australians
In 2022 it appears that Australia is facing several growing problems. Most retirees cannot provide themselves with an adequate income while the availability of proper housing for people in many communities is usually seen as a significant ongoing problem. When the superannuation system was set up so…
The Affordability Crisis
With the 2022 federal election on the front of everyone’s mind, property investors need to gauge what our current government is doing to help and/or hinder their investment plans. With the current affordability crisis crippling the plans of millions of prospective and established investors across…
Rich-lister regrets $1m Red Cross donation for homeless shelter he claims was never built
Queensland property mogul Kevin Young donated $1 million to the Red Cross more than a decade ago to build a centre for homeless youth. But he claims his money wasn’t used to build it and is calling for an inquiry. One of Australia’s richest men has called for an inquiry into how charities use…
‘Reckless’: Why ABC is being taken to court over 7.30 story
The ABC is being taken to court over a 7.30 story that allegedly showed “reckless indifference to the truth”. A wealthy Brisbane businessman and the ABC are set to face off in a court showdown about news stories he claims cost him millions of dollars. Kevin Young, the founder of the Property Club…