• The Truth Behind Why Australia’s Wealth Gap is Widening – What No One’s Talking About
    Dec 17 2024

    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.

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    29 mins
  • The Three Life Peaks That Will Shape Australia’s Housing Future
    Dec 10 2024

    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

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    28 mins
  • The Gen Z Effect: How the Youngest Generation is Shaping Our Future
    Dec 3 2024
    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.
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    37 mins
  • Understanding Millennials: What They Want and Why It Matters
    Nov 26 2024
    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, ...
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    36 mins
  • Understanding Generation X: The Small but Mighty Force Shaping Our Future
    Nov 19 2024
    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 ...
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    30 mins
  • The Baby Boomer Blueprint: How They’ve Shaped—and Continue to Shape—Australia
    Nov 12 2024
    In today’s episode, we continue our series of episodes regarding the various demographic generations. It will be valuable for employers to understand their team members and employees to understand better those they work with and how their bosses think. It will be critical for businesspeople to understand who their clients and customers are. And it will also be helpful for property investors to understand the needs of the different generations for whom they’ll be providing accommodation. Today we’re diving deep into the generation that has arguably had the most profound impact on modern Australia: the Baby Boomers. Whether you’re a Baby Boomer, part of a younger generation looking to understand your predecessors, or just interested in the forces shaping our country, I hope this episode will provide valuable insights and thoughtful discussion. Baby Boomers and the Future of Australia's Financial Landscape In this episode, we explore various aspects of the generational shift, focusing on wealth transfer, organizational change, and societal challenges. We discuss the legacy of baby boomers and the implications for younger generations. ● The historical context and the optimism following World War II that led to the baby boom in Australia ● The Baby Boomers' significant influence on the workforce, political arenas, and organizational structures ● How Boomers think about themselves as they reach retirement age ● Why Boomers are retiring more slowly than previous generations ● Effective communication strategies for engaging with baby boomers in the workplace ● The anticipated $4.5 to $6 trillion wealth transfer from Baby Boomers to younger generations and the challenges it presents ● The role of the "bank of mom and dad" in shaping young families' financial futures and the potential societal inequalities that arise ● The challenges baby boomers face in the housing market, particularly in downsizing and aged care ● The economic implications of an aging population on government resources and the potential need for increased immigration ● Opportunities for leveraging the experience and knowledge of retiring baby boomers to address skill shortages ● Generational tensions between baby boomers and younger generations like Gen Z and millennials ● Advice for younger generations from the perspective of baby boomers, emphasizing the importance of hard work and adaptability This episode provides a comprehensive look at the ongoing influence of baby boomers and the evolving generational dynamics in Australia. By understanding these shifts, listeners can gain valuable insights into the challenges and opportunities that lie ahead, fostering a more inclusive and adaptable 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: “Well, I think the other fact is that some don't retire straight away. They do it gently because many Boomers aren't working physically with their bodies, so they still can provide good information in the workplace, they still can do their office jobs.” - Michael Yardney “Yeah. So, structurally speaking, now would be the time when a generation like the Baby Boomers downsize and they go into the next stage of the life cycle, where they load off the hard work that is associated with a big house, but they're ...
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    35 mins
  • Beyond the Buzzwords: Understanding Generational Research
    Nov 5 2024
    Today, we're exploring a topic that’s often discussed but frequently misunderstood: generational research. Generations—Boomers, Gen X, Millennials, Gen Z—we hear these terms tossed around all the time, often accompanied by sweeping generalizations about attitudes, behaviors, and lifestyles. But how much of what we hear is accurate, and how much is just noise? How Generations Shape Our Society and Workplaces In today’s episode, we explore how different generational cohorts—Boomers, Gen X, Millennials, and Gen Z—are shaped by their unique historical, economic, and technological environments. Our conversation offers insights for business leaders, policymakers, employees, and anyone interested in understanding the complex interplay of generations in modern society. Generational research and its importance in understanding behaviors and reducing intergenerational conflict How formative years and significant historical periods shape long-lasting worldviews and behaviorsDifferentiation between social and cohort approaches to defining generational boundariesUse of diverse data sources by demographers to understand generational differencesHow past experiences influence present behaviors, such as the tendency to keep well-stocked pantries or packed rucksacksThe extended phase of adolescence in modern society and its implications for defining adulthoodStrategies for businesses, policymakers, and governments to leverage generational insights for better engagement with customers and staff Intergenerational conflicts in the workplace, driven by both life stage differences and inherent generational traitsThe role of media and social media in exaggerating intergenerational stereotypes and conflictsThe importance of acknowledging both the contributions and shortcomings of each generation to foster a balanced perspective By understanding these themes, listeners can gain a nuanced perspective on how generational dynamics shape our world and learn strategies to navigate and bridge the generational divide. 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: “Having said that, I think this is going to be really important for people to understand, as I said, what your employees are looking for in the job, what your bosses, your employers, are looking for in employees, and how different generations can speak to each other in the workforce.” –Michael Yardney “But then we see that with generations there are certain kind of life stages that just get stretched an awful lot or that get shortened, depending on what you look at.” - Simon Kuestenmacher “We're now in the middle of a decade that has four generations in the workforce Boomers, Gen X, Millennials, Gen Z in the workforce. At the same time, there is an elevated conflict potential, if you will.” - Simon Kuestenmacher 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.
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    27 mins
  • The Real Reasons Why Young Australians Are Postponing Home Ownership
    Oct 29 2024
    Today we explore why young Australians are increasingly delaying their dreams of homeownership. We've all heard about skyrocketing property prices and the challenges of securing a mortgage but, as you’ll hear, there's more to the story than just affordability. Sure property prices present a significant barrier, but we also examine lifestyle changes, such as extended periods in education and the prioritisation of experiences over material possessions, reshaping the housing market landscape. We also discuss demographic shifts, including the transition of millennials from urban rentals to suburban family homes, and highlights the rise of build-to-rent and co-living spaces. Unlocking Homeownership: Challenges for Young Australians In this conversation, we explore demographic shifts, financial hurdles, and lifestyle changes transforming the housing market landscape for millennials and beyond. Join us as we unpack the complex factors contributing to delayed homeownership and offer potential solutions to navigate these challenges. ● Soaring property costs compared to median income, now seven to eight times versus 2.6 times in the early 80s ● Lifestyle changes, including longer periods in education and prioritization of experiences over material possessions ● The search for meaning in life by the younger generations ● Higher mobility in the younger generations ● Millennials moving from urban rentals to suburban family-sized homes, increasing demand for three and four-bedroom properties ● Transformations in the rental market, including the rise of build-to-rent and co-living spaces ● Comparison of institutional investment in rental housing versus traditional "mom and dad" landlord model ● Government's critical role in addressing housing affordability and ensuring financial security in retirement ● Innovative strategies like 'rent vesting' as potential solutions for easing housing supply shortages From understanding the evolving priorities of younger generations to advocating for effective policy changes, this episode is a must-listen for those looking to navigate the complex housing landscape. 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: “So, the meaning of life, then, must come from somewhere else, and this is where the whole narrative came from. It started really at scale with the millennials, where they said hey if I don't find meaning in religion, if I don't start a family, where does meaning of life come from?” - Simon Kuestenmacher “One of the things that the younger generation seem to have is more career mobility, more flexibility, and I guess this is one of the reasons that they don't put down their roots early on because they don't know where they're going to be.” - Michael Yardney “The government post-war did a lot of property development. They own land, they don't have to pay stamp duty. They could do it at scale today, but I guess, like most things, they may not do it as efficiently as private enterprise.” - 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.
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    30 mins