Scott Kuru

Australia’s biggest economic problem isn’t interest rates. It runs much deeper. We don’t have enough homes. Productivity is weak. Infrastructure isn’t keeping pace with population growth. And the cost of building new housing keeps getting harder to stack up. The RBA can move interest rates, but interest rates don’t build houses or fix productivity. Unless we address those structural problems, I think the next decade could become incredibly difficult for Australian families. The decisions we make

A property correction and a property crash are two VERY different things. Yes, some suburbs and properties could fall 10%, 15% or even 20%. But that doesn’t mean the entire Australian property market is collapsing. Property isn’t one market. Different cities, suburbs, price points and property types can perform completely differently. So ignore the dramatic headlines and look at what’s actually falling, where it’s falling and WHY. Because understanding the difference between a correction and a c

I spend my time studying where capital flows in this country, because capital always tells you what comes next. Right now it is pouring into infrastructure that runs on Australian resources but answers to owners overseas. That is not automatically a bad thing, yet it is worth understanding before we call it a win. Ownership, not activity, is what builds lasting wealth for a nation and for a household. #Australia #AI #datacenter #datacentre #water

Welcome to Episode 5 of Answering Australia’s Most Googled Money Questions! Every week, I answer the questions Australians are asking most about money, property, investing and the economy. Got a question you’d like answered? Leave it in the comments and it might be featured next episode.

Earning more money doesn’t necessarily mean you’re getting richer. Wages might be rising on paper, but if the cost of your mortgage, rent, groceries, electricity, insurance and petrol is rising even faster, your standard of living is going backwards. That’s the difference between nominal income and real purchasing power. The number on your payslip matters far less than what that money can actually buy. Do you genuinely feel like your standard of living has improved over the past five years? Le

Every dollar you put into an offset account represents something you gave up to save it. I take that seriously, and I expect the institutions holding that money to take it seriously too. When they do not, the cost is not theoretical. It compounds silently for the life of your loan. Check your accounts, ask direct questions, and never assume the paperwork was handled correctly on your behalf. #Australia #property #mortgage #offsetaccount

Everywhere you look right now, someone is predicting the next property crash. But there’s one principle that's being overlooked. REPLACEMENT COST. If the cost of land, materials, labour, infrastructure and construction remains high, there’s a point where building new homes simply stops making financial sense. That doesn’t mean property prices can’t fall. Some markets absolutely will fall harder than others. But before believing predictions of a massive nationwide crash, ask one question... Does

There is a difference between a change of leader and a change of direction, and Victoria has only had one of them. The faces at the top keep moving. The problems underneath have not moved at all. Debt, land tax, planning delays, business confidence. None of that gets solved by another announcement from a new leader with the same playbook. #Australia #property #victoria

Would you take out a mortgage knowing your kids might be the ones who finish paying it off? Three years ago, I predicted we could eventually see 40, 50 or even 100-year mortgages in Australia. Now 40-year loans are here. Nobody is offering a 100-year mortgage today, but if property prices continue growing faster than incomes, the financial system will keep looking for ways to make larger debts serviceable. Could intergenerational mortgages eventually become normal in Australia? Let me know what

Your offset account could be costing you thousands without you even knowing. ASIC reviewed 8 major Australian banks and found weaknesses in how offset accounts were being managed, with more than $55 million already paid to affected customers. The concerning part is that the problem can be incredibly difficult to spot. Your repayment might look exactly the same while more of your money goes towards interest and less towards paying down your loan. Don’t just assume your offset is working correctly

When tax brackets don’t keep pace with inflation, more Australians are pushed into higher tax rates without becoming significantly better off in real terms. That’s why bracket creep matters. Understanding how the system works is the first step to making better financial decisions. Do you think Australia should automatically index income tax brackets to inflation?

A lot of people say “stop immigration” like that would somehow fix everything. Australia relies on migrant workers across construction, aged care, hospitals, farming, hospitality and regional industries. The real issue isn’t immigration itself. It’s bringing people in faster than we build the homes, roads, schools and hospitals to support them. Immigration didn’t break the system. It exposed how badly we’ve failed to build for growth.