The Savings Tip Jar: Recent Episodes
The Savings Tip Jar
Savings.com.au's Dom and Harrison discuss the latest Australian financial news, rate movements, sharp deals in the market and more.
We spoke to savings scribe Brooke Cooper, editor of Your Mortgage, about why the major banks are walking back their calls for an RBA cash rate cut in November. Inflation could be making a surprise resurgence by one measure, but are they jumping at shadows?
Brooke's RBA rate cut forecast news here
https://www.yourmortgage.com.au/mortgage-news/westpac-officially-alone-in-forecasting-more-2025-rba-rate-cuts
00:13 - Savings tip
01:39 - Changing RBA forecasts
04:15 - What it means for mortgages
08:22 - The balancing act
11:02 - Crunching the numbers
On this week's episode we're talking about divorce - more specifically, how to financially recover from it and rebuild your life. We speak to Gemma Mitchell, author of The Money Reset. At age 28 Gemma found herself divorced, having to juggle kids, investment properties, and more. We discuss how she navigated through that to land on her feet - we also discussed the re-rise of apricot chicken i.e. simple meals to beat the cozzy livs.
Gemma's article on apricot chicken
https://www.savings.com.au/budgeting-finance-tips/apricot-chicken-is-back-and-it-s-saying-something-about-our-wallets
Gemma's podcast
https://www.raskmedia.com.au/podcasts/australian-finance-podcast/
00:33 - Savings tip
01:56 - Book inspiration
03:58 - Unravelling finances
06:12 - Money mindsets
08:32 - The little things
09:52 - Re-rise of apricot chicken
On this week's episode we're talking about divorce - more specifically, how to financially recover from it and rebuild your life. We speak to Gemma Mitchell, author of The Money Reset. At age 28 Gemma found herself divorced, having to juggle kids, investment properties, and more. We discuss how she navigated through that to land on her feet - we also discussed the re-rise of apricot chicken i.e. simple meals to beat the cozzy livs.
Plus we spoke to savings scribe Brooke Cooper, editor of Your Mortgage, about why the major banks are walking back their calls for an RBA cash rate cut in November. Inflation could be making a surprise resurgence by one measure, but are they jumping at shadows?
And all the latest news and savings tips of course
Gemma's article on apricot chicken
https://www.savings.com.au/budgeting-finance-tips/apricot-chicken-is-back-and-it-s-saying-something-about-our-wallets
Gemma's podcast
https://www.raskmedia.com.au/podcasts/australian-finance-podcast/
Brooke's RBA rate cut forecast news here
https://www.yourmortgage.com.au/mortgage-news/westpac-officially-alone-in-forecasting-more-2025-rba-rate-cuts
01:40 - Reader feedback: The Greenspan Put
07:00 - Savings tips, cashback offer and ask for a better rate
11:45 - Westpac savings account changes
14:53 - Household spending
17:42 - Offset account warning
22:26 - No cash rate cut in November? With Brooke
34:31 - Changing money mindsets with Gemma
Bea Garcia - resident savings scribe - is here to talk about how to save for a holiday and a house deposit at the same time! You don't necessarily need to sacrifice one for the other, but manage both appropriately, and temper your expectations of a big trip to Monaco while sipping Aperols.
Bea's article:
https://www.infochoice.com.au/savings-accounts/saving-for-a-holiday-and-a-house
Compare savings accounts and term deposits with InfoChoice
https://www.infochoice.com.au/savings-accounts/
https://www.infochoice.com.au/term-deposits/
00:23 - Savings tip, cut back on subscriptions
01:48 - Still realistic to save for house and holiday
03:54 - Finding balance
07:11 - Compromises on holiday
On this week's episode we're talking to James Cudmore, the chief customer officer at Newcastle Greater Mutual - the merged entity taking care of Greater Bank and Newcastle Permanent. He's here to talk about some new research from the bank that consumer confidence is turning, and customers are feeling more confident to spend having reined in expenses. Plus we talk about the continued property push in the regions, including the Hunter! Beautiful area.
00:38 - Savings tip
01:40 - Changing spending habits
02:55 - Areas people are cutting back
03:50 - Age group differentiation
05:15 - Younger demographic changes
06:20 - Regional banking shift
08:08 - Free Grocerise access
09:15 - Regional living here to stay
On this week's episode we're talking to James Cudmore, the chief customer officer at Newcastle Greater Mutual - the merged entity taking care of Greater Bank and Newcastle Permanent. He's here to talk about some new research from the bank that consumer confidence is turning, and customers are feeling more confident to spend having reined in expenses. Plus we talk about the continued property push in the regions, including the Hunter! Beautiful area.
Plus if you're looking to holiday in or move to the Hunter, Bea Garcia - resident savings scribe - is here to talk about how to save for a holiday and a house deposit at the same time! You don't necessarily need to sacrifice one for the other, but manage both appropriately, and temper your expectations of a big trip to Monaco while sipping Aperols.
And all the latest news and savings tips of course.
01:55 - Savings tips, off-season fashion & cheap flights to Bali
04:42 - RBA cash rate hold news
07:54 - Property price news
10:54 - Expanded Home Guarantee kicks off
15:30 - Quick ubank PSA
16:28 - Saving for a holiday and house with Bea
26:35 - Spending cutbacks and regional living with James Cudmore
We spoke to Bernadette Lunas, the editor at Your Investment Property Magazine. There's a new edition coming out very soon (30 Sept) - all you need to do is visit the website and sign up to get your copy. As Bern highlights, there's some great stuff in there for investors, including spring selling season guides, suburb spotlights and state market roundups, as well as all important DATA.
Get the magazine here: https://www.yourinvestmentpropertymag.com.au/magazine
00:19 - Savings tip
01:47 - Magazine preview
05:24 - Bern's fave articles
06:31 - How to get the mag
On this week's episode we're talkin' jobs. More importantly, the prospect of people losing their jobs. There have been some big job cuts bandied about in the media lately, and on to discuss the labour force is Harry Ottley, an economist at CommBank. We discussed the labour trends, where the unemployment rate is likely to be, full-time work, if the labour force is still inflationary, and If we're seeing a trend back to the market sector.
00:43 - Savings tip
02:05 - Reaction to 4.2% unemployment rate
04:10 - Underemployment
06:34 - NAIRU (non accelerating inflation rate of unemployment)
09:35 - Care economy and market jobs
On this week's episode we're talkin' jobs. More importantly, the prospect of people losing their jobs. There have been some big job cuts bandied about in the media lately, and on to discuss the labour force is Harry Ottley, an economist at CommBank. We discussed the labour trends, where the unemployment rate is likely to be, full-time work, if the labour force is still inflationary, and If we're seeing a trend back to the market sector.
And we also spoke to Bernadette Lunas, the editor at Your Investment Property Magazine. There's a new edition coming out very soon (30 Sept) - all you need to do is visit the website and sign up to get your copy. As Bern highlights, there's some great stuff in there for investors, including spring selling season guides, suburb spotlights and state market roundups, as well as all important DATA.
And all the latest news and savings tips of course.
Get the magazine here: https://www.yourinvestmentpropertymag.com.au/magazine
01:40 - Savings tips, OnePass & NBN deals
04:41 - Inflation news
07:01 - CBA Qantas Points deal
09:22 - AMP home loan news
11:03 - Bern on the new YIP Mag
19:21 - Harry Ottley on unemployment trends
We spoke to Denise Raward, resident finance journalist, about Domain's recent report that found there's basically no such thing as affordable housing left! Well isn't that depressing. Luckily, Denise shared some of the takeaway recommendations for meaningfully improving affordability, besides just chucking another subsidy or carrot at first home buyers.
Denise's article here
https://www.savings.com.au/news/home-affordability-breaking-point
00:35 - Savings tip, organic spinach
02:00 - Hurdles for homebuyers
03:00 - No more affordable markets
05:00 - 5% deposit scheme
10:20 - Positive solutions
On this ep we're talking food waste. According to research from OzHarvest the average person wastes about 113kg of food every year. That's a front row prop in the NRL! On to discuss this is Monique Llewellyn, the national campaign manager for the food charity. We discuss the research, why people waste so much food, the 'leftover epidemic', grocery prices, what OzHarvest is, and practical tips to avoid food waste.
00:55 - Savings tip, stretch meals
02:24 - Why people throw out so much food
04:38 - Leftover epidemic
06:40 - Reducing food waste
08:50 - Cozzy livs
10:44 - What is OzHarvest
12:59 - Top tips for households
On this ep we're talking food waste. According to research from OzHarvest the average person wastes about 113kg of food every year. That's a front row prop in the NRL! On to discuss this is Monique Llewellyn, the national campaign manager for the food charity. We discuss the research, why people waste so much food, the 'leftover epidemic', grocery prices, what OzHarvest is, and practical tips to avoid food waste.
Plus we speak to Denise Raward, resident finance journalist, about Domain's recent report that found there's basically no such thing as affordable housing left! Well isn't that depressing. Luckily, Denise shared some of the takeaway recommendations for meaningfully improving affordability, besides just chucking another subsidy or carrot at first home buyers.
Denise's article
https://www.savings.com.au/news/home-affordability-breaking-point
And all the latest news and savings tips.
01:33 - Savings tips, haggling & good razors
04:11 - CBA home loan below 5%
07:15 - ANZ misleads customers on savings accounts
11:00 - Positive TD rate movement from Judo, Bank of Sydney
14:42 - Denise on housing affordability
28:44 - Monique from OzHarvest on food waste
We spoke to Harry O'Sullivan about 40-year mortgages. They are slowly increasing in popularity, and it's timely given Great Southern Bank came to the table with a new offer for first home buyers. But as Harry discusses, it's not all about lower repayments. You'll hear that he's quite against it, as all it might do is fuel house price gains further and induce demand, while adding significantly to interest costs.
40 year mortgage info here:
https://www.savings.com.au/news/another-40-year-home-loan-hits-the-market
https://www.savings.com.au/home-loans/should-first-home-buyers-take-out-a-40-year-home-loan
00:24 - Savings tip
02:29 - 40 year mortgages
04:03 - Crunching the numbers
04:58 - Lenders offering them
06:43 - The new normal?
08:41 - Intergenerational mortgages?
09:28 - Not that bad
This week's episode guest stars Eleanor Creagh, the senior economist at Proptrack, a property analytics firm. We discussed the spring selling season, and why it's set to be a big one. We also discussed the home guarantee scheme tweaks taking effect from October and their effect on house prices and property demand.
Eleanor was last on in episode 78, around this time last year - so it's good to get her on again for an update.
00:56 - Savings tip
02:44 - Spring selling season
04:28 - Uptick in listings
07:19 - Soaring prices
10:17 - Melbourne
13:09 - Regions
This week's episode guest stars Eleanor Creagh, the senior economist at Proptrack, a property analytics firm. We discussed the spring selling season, and why it's set to be a big one. We also discussed the home guarantee scheme tweaks taking effect from October and their effect on house prices and property demand.
Eleanor was last on in episode 78, around this time last year - so it's good to get her on again for an update.
Plus we also spoke to Harry O'Sullivan about 40-year mortgages. They are slowly increasing in popularity, and it's timely given Great Southern Bank came to the table with a new offer for first home buyers. But as Harry discusses, it's not all about lower repayments. You'll hear that he's quite against it, as all it might do is fuel house price gains further and induce demand, while adding significantly to interest costs.
And all the latest news and savings tips of course.
Harry and Denise's 40 year mortgage pieces
https://www.savings.com.au/home-loans/should-first-home-buyers-take-out-a-40-year-home-loan
https://www.savings.com.au/news/another-40-year-home-loan-hits-the-market
03:25 - Savings tips - 7-Eleven App and mortgage repayments
07:20 - Cashrewards no longer
10:00 - ING travel debit news
12:46 - Average home price surpasses $1m
14:22 - 40 year mortgages with Harry
26:48 - Spring selling season with Eleanor Creagh
We spoke to resident automotive journalist Alexi Falson about the latest car news. There's been some exciting new vehicles released recently, and Alexi's her eto give us an update.
For Alexi's reviews of the vehicles mentioned you can head to onlineauto.com.au
00:45 - Savings tip, Which Grocer
01:52 - Interesting cars lately
06:08 - Latest utes
07:46 - New car sales
10:08 - Hyundai boosts warranty to 7 years
On this week's podcast we have an automotive double header. We spoke with Nick Potter from Stratton Finance about novated leases. We've talked a bit about them on the podcast before but never this in-depth. We discussed how it can benefit at tax time, which types of vehicles and demographic suits the novated lease, and when to lease instead of buy.
00:40 - Savings tip
01:14 - Novated lease basics
02:13 - Tax benefits
04:01 - Restrictions on car
05:02 - When it makes financial sense
06:26 - Getting your employer on board
07:21 - Suitable cars
On this week's podcast we have an automotive double header. We spoke with Nick Potter from Stratton Finance about novated leases. We've talked a bit about them on the podcast before but never this in-depth. We discussed how it can benefit at tax time, which types of vehicles and demographic suits the novated lease, and when to lease instead of buy.
Plus we spoke to resident automotive journalist Alexi Falson about the latest car news. There's been some exciting new vehicles released recently, and Alexi's here to give us an update. For Alexi's reviews of the vehicles mentioned you can head to onlineauto.com.au
And all the latest personal finance news and savings tips
01:55 - Savings tip, currency conversion trap & Reject Shop for snacks
04:38 - GDP news
09:00 - Property price news
12:06 - Bad news for former Citi customers
14:53 - Alexi's car market update
27:41 - Novated leasing with Stratton's Nick Potter
We spoke to Brooke Cooper, editor at Your Mortgage, about the home guarantee scheme and the changes afoot. They are big changes - income limits scrapped, place numbers unlimited, and significant bumps in the price caps. So, will it actually help or will it just lead to yet more price rises?
Details of the home guarantee scheme tweaks here
https://www.yourmortgage.com.au/mortgage-news/home-guarantee-scheme-expansion-all-first-time-buyers-offered-5-deposit-option
00:43 - Savings tips
02:47 - What is the HGS
04:26 - What are the big changes
07:34 - More banks on the panel
08:53 - More price rises then?
On this week's episode we have a bit of a potpourri. Our special guest this week is Olivia McArdle, the head of payments and deposits at Macquarie Bank. We spoke to her about the state of the savings account market, why customers are getting fed up with deposit conditions, and where the bank sees the market heading in the next little while.
01:01 - Olivia's savings tip
02:14 - Macquarie's savings products
03:57 - Fed up with hoops
05:25 - $2m deposit cap
06:21 - Growing from investment banking
09:19 - SMSF product
10:15 - ACCC deposit inquiry
On this week's episode we have a bit of a potpourri. Our special guest this week is Olivia McArdle, the head of payments and deposits at Macquarie Bank. We spoke to her about the state of the savings account market, why customers are getting fed up with deposit conditions, and where the bank sees the market heading in the next little while.
Plus we spoke to Brooke Cooper, editor at Your Mortgage, about the home guarantee scheme and the changes afoot. They are big changes - income limits scrapped, place numbers unlimited, and significant bumps in the price caps. So, will it actually help or will it just lead to yet more price rises?
And all the latest news and savings tips of course.
Details of the home guarantee scheme tweaks here
https://www.yourmortgage.com.au/mortgage-news/home-guarantee-scheme-expansion-all-first-time-buyers-offered-5-deposit-option
01:35 - Savings tips, use less moisturiser and stash a key
04:05 - Inflation news
07:40 - ING cashback news
10:27 - PEXA settlement scams news
16:07 - Home guarantee scheme tweaks with Brooke
29:18 - What's Macquarie got cooking up with Olivia
We speak to, for the first time, fellow savings scribe Bea Garcia. We speak about which banks automatically lower repayments on home loans. Hint: Not many do, and you'll need to ask. But as Bea suggests, it might not be a bad idea to keep the repayments the same if you can.
Bea's article: https://www.infochoice.com.au/home-loans/automatic-lower-repayments
00:45 - Savings tip
02:45 - Banks automatically lowering repayments
04:05 - Steps customers need to take
05:17 - Benefits of paying extra
07:38 - How to calculate what works better for you
As the dust settles after the RBA rate cut, we're talkin mortgages! We have Rebecca Jarrett-Dalton, the founder of Two Red Shoes mortgage brokers to talk about some of those tantalising fixed rate mortgages out there at the moment. As Bec explains it's more than just the juicy rate customers need to look out for. Great chat!
Rebecca was last on in episode 64 in May 2024, so give that one a listen too, if you want.
00:50 - Savings tip
02:04 - Time to lock in?
03:30 - What Bec is seeing
04:00 - Limitations with fixing
05:40 - Things to look for beyond the rate
07:30 - Explaining the high revert rates
As the dust settles after the RBA rate cut, we're talkin mortgages! We have Rebecca Jarrett-Dalton, the founder of Two Red Shoes mortgage brokers to talk about some of those tantalising fixed rate mortgages out there at the moment. As Bec explains it's more than just the juicy rate customers need to look out for. Great chat!
Rebecca was last on in episode 64 in May 2024, so give that one a listen too, if you want.
Plus we also speak to, for the first time, fellow savings scribe Bea Garcia. We speak about which banks automatically lower repayments on home loans. Hint: Not many do, and you'll need to ask. But as Bea suggests, it might not be a bad idea to keep the repayments the same if you can.
And all the latest news and savings tips of course.
Bea's article: https://www.infochoice.com.au/home-loans/automatic-lower-repayments
02:25 - Savings tips, sell plants and be wary of paying USD
05:51 - Savings account news
08:45 - Deeming rates going up
12:53 - Unemployment lower again
14:59 - Bea on mortgage repayments
23:14 - Rebecca on fixed-rate home loans
We chat to Bernadette Lunas about a recent piece on Your Investment Property Magazine about the permanent rise of remote working hotspots and the considerations investors need to make before looking into these areas.
Bern's topic here, in article form
https://www.yourinvestmentpropertymag.com.au/investment-guides/remote-work-and-regional-living
00:38 - Savings tip
02:11 - Regional demand
05:06 - Considerations for investors
07:03 - Thinking like a remote worker
Another RBA rate cut in the bag! We discuss what this means for mortgage holders (and sadly, depositors) with Belinda Allen, the senior economist at Commonwealth Bank. We talk about what the RBA has its eyes on in the economy, as well as the big bank's economic forecasts. Plus we also mentioned some wages growth data that came through at the end.
00:35 - Belinda's savings tips
01:38 - About the RBA's decision
02:40 - Unanimous decision
04:05 - Only one more cut in November?
05:50 - Popular months to change the cash rate
06:56 - Productivity the big issue
09:10 - Wages growth
Another RBA rate cut in the bag! We discuss what this means for mortgage holders (and sadly, depositors) with Belinda Allen, the senior economist at Commonwealth Bank. We talk about what the RBA has its eyes on in the economy, as well as the big bank's economic forecasts. Plus we also mentioned some wages growth data that came through at the end.
And we also chat to Bernadette Lunas, about a recent piece on Your Investment Property Magazine about the permanent rise of remote working hotspots and the considerations investors need to make before looking into these areas.
Plus all the latest news and savings tips of course.
Bern's topic here, in article form
https://www.yourinvestmentpropertymag.com.au/investment-guides/remote-work-and-regional-living
01:45 - Savings tips
04:25 - What RBA cut means for mortgage holders
08:22 - Investor lending taking off
11:05 - Wages growth steady on
14:43 - Bern on remote worker hotspots
23:58 - CBA's Belinda Allen on the RBA cash rate
We spoke to resident finance journalist Harry O'Sullivan about his recent piece on buyers agents - do you need one, what do they cost, are they worth it, when do they come in handy? And all that good stuff.
You can read Harry's piece here on Your Mortgage:
https://www.yourmortgage.com.au/compare-home-loans/should-you-hire-a-buyers-agent
00:35 - Savings tip
02:20 - What are buyers agents
03:30 - Popularity of BAs
04:28 - Usefulness for investors
05:50 - Their cost
08:36 - Time is money
This week we're joined by Michael Harvey, senior food analyst at Rabobank. As Rabo is an agricultural-focused bank, it's well placed to discuss food prices, weather events, and what the farmers are feeling at the farm gate, and why it affects the price of your weekly shop or what goes onto your plate. We discussed weather patterns, grocery price inflation, geopolitics in China and the US, and other factors. Great chat!
Rabobank was last on in episode 79 with Julie Blanchard talking about savings accounts. Rabobank also has its own podcast about food and agribusiness you can access at:
https://open.spotify.com/show/5ARnEbYiwHjHreBwAbsou6
https://podcasts.apple.com/us/podcast/raboresearch-food-agribusiness-australia-nz/id1190107144
And look at our grocery price index here
https://www.savings.com.au/statistics/grocery-price-index
00:47 - Savings Tip
01:55 - Grocery price inflation
03:10 - Biggest price gainers
04:50 - Price deflation?
08:50 - US beef and Chinese dairy demand
11:00 - Coles and Woolies price gouging
13:46 - A pill for satiation and nutrition
14:15 - Price signals by consumers
This week we're joined by Michael Harvey, senior food analyst at Rabobank. As Rabo is an agricultral-focused bank, it's well placed to discuss food prices, weather events, and what the farmers are feeling at the farm gate, and why it affects the price of your weekly shop or what goes onto your plate. We discussed weather patterns, grocery price inflation, geopolitics in China and the US, and other factors. Great chat!
Rabobank was last on in episode 79 with Julie Blanchard talking about savings accounts. Rabobank also has its own podcast about food and agribusiness you can access at:
https://open.spotify.com/show/5ARnEbYiwHjHreBwAbsou6
https://podcasts.apple.com/us/podcast/raboresearch-food-agribusiness-australia-nz/id1190107144
And look at our grocery price index here
https://www.savings.com.au/statistics/grocery-price-index
Plus we speak to resident finance journalist Harry O'Sullivan about his recent piece on buyers agents - do you need one, what do they cost, are they worth it, when do they come in handy? And all that good stuff.
You can read Harry's piece here on Your Mortgage:
https://www.yourmortgage.com.au/compare-home-loans/should-you-hire-a-buyers-agent
And all the latest news and savings tips.
01:33 - Savings tips: Woolies mudcake and limiting GAS, gear acquisition syndrome
03:53 - Macquarie savings news
06:55 - Up savings news
12:00 - House price news
15:33 - Harry on buyers agents
26:31 - Rabobank's Michael Harvey on food prices
We speak to Alexi Falson, resident motoring journalist, about the latest in the government's emissions standard. We discussed what the exact penalties are for manufacturers who miss their targets, how it could distort the market, the benefits and drawbacks, as well as if it could lead to price rises for Aussie car buyers.
00:25 - Savings tip, shop around for electricity
01:50 - What is the NVES
04:50 - What's the government aiming to do
06:20 - What do manufacturers think
10:40 - How it could change fleet lineups
This week we're chatting to Ben Hillier, the head of retirement at AMP, about, well, you guessed it... retirement. And more importantly, how much you need for retirement. It's the million dollar question, and it all relates back to the rather unsavoury question - how long are you going to live? We also discussed the $3m super tax, if the super guarantee of 12% is a bit too far and hampers wages growth, super returns, and AMP's interesting new product.
00:47 - Ben's savings tip
01:40 - 12% super guarantee, too much or not enough
03:30 - The fear of running out
06:10 - AMP's interesting product
11:00 - $3m super tax
14:50 - Do you need $1m to retire
This week we're chatting to Ben Hillier, the head of retirement at AMP, about, well, you guessed it... retirement. And more importantly, how much you need for retirement. It's the million dollar question, and it all relates back to the rather unsavoury question - how long are you going to live? We also discussed the $3m super tax, if the super guarantee of 12% is a bit too far and hampers wages growth, super returns, and AMP's interesting new product.
Plus we speak to Alexi Falson, resident motoring journalist, about the latest in the government's emissions standard. We discussed what the exact penalties are for manufacturers who miss their targets, how it could distort the market, the benefits and drawbacks, as well as if it could lead to price rises for Aussie car buyers.
And all the latest news and savings tips of course.
01:35 - Savings tips: RACV/Q membership discounts & op shop greeting cards
04:10 - Inflation tracking nicely
07:17 - Out of cycle rate cut for Up Home Loans
11:22 - Macquarie cuts fixed rates/NAB changes uni debt rules
15:27 - Alexi's chat on the NVES
29:34 - Retirement and super chat with Ben Hillier
We speak to resident finance journalist Harry O'Sullivan about which suburbs produce the top rental yields. Think mining towns and remote areas that used to rely on industry. It's an important consideration for property investors, but again, chasing yields can bring about a bunch of risks.
00:33 - Savings tip, use free streaming
02:30 - Highest rental yield areas
04:30 - Not all glitz and glam
07:20 - What about capital cities
10:13 - Capital gains vs yield
11:45 - Quick Victoria mention
On this week's pod we had Julian Finch, mortgage broker extraordinaire on to talk about guarantor loans. 'Going guarantor' is a popular method for young homebuyers looking to get their foot on the property ladder, and for their parents to offer a lending hand without necessarily giving away a large wad of cash. But as Julian explains there's a few risks to consider, as well as the benefits. He was last on way back in episode 34 in September 2023 if you want to give that a listen too.
01:00 - Savings tip, shop around for insurances
02:16 - How popular are guarantor home loans
02:55 - Benefits
04:08 - Drawbacks and risks
06:15 - Better lenders to deal with
08:15 - Home guarantee scheme
11:56 - Parents and kids getting it right
On this week's pod we had Julian Finch, mortgage broker extraordinaire on to talk about guarantor loans. 'Going guarantor' is a popular method for young homebuyers looking to get their foot on the property ladder, and for their parents to offer a lending hand without necessarily giving away a large wad of cash. But as Julian explains there's a few risks to consider, as well as the benefits. He was last on way back in episode 34 in September 2023 if you want to give that a listen too.
And we speak to resident finance journalist Harry O'Sullivan about which suburbs produce the top rental yields. Think mining towns and remote areas that used to rely on industry. It's an important consideration for property investors, but again, chasing yields can bring about a bunch of risks.
Plus all the latest news and savings tips of course.
02:00 - Savings tips, private health and microwave meals
04:25 - New AMP savings account
07:37 - Greater Bank's new sub-5% home loan
11:30 - RBA meeting minutes
15:15 - Harry on top rental yield suburbs
28:21 - Guarantor loans with Julian Finch
We spoke to resident finance journalist Denise Raward. We also discussed the rise of conditional savings accounts, and where to find a competitive unconditional rate. They are not as high as rates on products that make you jump through 11,000 hoops - but they're out there. This was all part of an ACCC deposit inquiry a couple of years ago, but as Denise said, so far that inquiry amounted to diddly squat.
Denise's article here:
https://www.savings.com.au/savings-accounts/getting-the-best-interest-rate-on-your-savings
01:15 - Savings tip, cut your hair short
03:00 - Common savings account conditions
04:35 - Popularity of conditional rates
06:30 - Most people don't meet their conditions
12:00 - Where to find solid unconditional rates
This week we spoke about a pretty big development in the personal finance space: the RBA's wish to ban card surcharges. For the latter we spoke to Professor Steve Worthington from Swinburne University - how the surcharges came about, why they are so prevalent, where he sees the payments sector going on and more.
00:26 - Savings tip, use cash
01:15 - Steve's reaction to ban announcement
02:13 - The rise of surcharges
04:01 - Do prices go up
05:25 - What goes into a surcharge
08:06 - Surcharge cash?
10:09 - Biometrics to pay
This week we spoke about two pretty big developments in the personal finance space: ubank's savings account tweaks, and the RBA's wish to ban card surcharges. For the latter we spoke to Professor Steve Worthington from Swinburne University - how the surcharges came about, why they are so prevalent, where he sees the payments sector going on and more.
And for the former we spoke to resident finance journalist Denise Raward. We also discussed the rise of conditional savings accounts, and where to find a competitive unconditional rate. They are not as high as rates on products that make you jump through 11,000 hoops - but they're out there. This was all part of an ACCC deposit inquiry a couple of years ago, but as Denise said, so far that inquiry amounted to diddly squat.
We also discussed this in the news - plus a new report from Tyro on the price of eating and drinking out. And the latest savings tips.
01:40 - Savings tips, be healthy & sea salt spray
04:07 - ubank tweaks savings account
08:44 - RBA moves to ban card surcharges
11:25 - Price of beers
15:48 - Denise on conditional savings accounts
31:34 - Prof Worthington on RBA card surcharge ban
We spoke with Bernadette Lunas, the editor at Your Investment Property Magazine about the new magazine edition available now, and her feature piece on the rise, fall, and re-rise of regional property markets.
Get your latest YIP Magazine edition by becoming a member of YIP Advantage through here https://www.yourinvestmentpropertymag.com.au/magazine
01:00 - Savings tip
02:00 - Regional growth
04:30 - Which regions are tapped out
07:10 - Lifestyle factors driving growth
09:50 - WA and SA hotspots
Fresh after the RBA stood tall in the face of epic jawboning and held the cash rate at 3.85%, we spoke with Warren Hogan, chief economic adviser at Judo Bank. We chatted about the decision, the reasons for the hold, the economic context, and why more and more economists arrogantly call for cuts hoping to manifest them into reality.
00:50 - Savings tip
01:59 - RBA shock hold
03:53 - Epic jawboning
07:32 - Cash rate call, only one more cut?
11:52 - Narrow path achieved?
Fresh after the RBA stood tall in the face of epic jawboning and held the cash rate at 3.85%, we spoke with Warren Hogan, chief economic adviser at Judo Bank. We chatted about the decision, the reasons for the hold, the economic context, and why more and more economists arrogantly call for cuts hoping to manifest them into reality.
Plus we spoke with Bernadette Lunas, the editor at Your Investment Property Magazine about the new magazine edition available now, and her feature piece on the rise, fall, and re-rise of regional property markets.
And all the latest news and savings tips, of course.
Get your latest YIP Magazine edition by becoming a member of YIP Advantage through here https://www.yourinvestmentpropertymag.com.au/magazine
02:00 - Savings tips, free mulch and quit haircuts
05:20 - RBA hold surprise
09:53 - Term deposit rates
14:02 - Westpac eases lending criteria
17:12 - Bern on the regional property boom
28:00 - Warren Hogan on RBA
43:56 - Outro
We spoke to Alexi Falson, resident automotive journalist on the latest in the car market. We spoke about EOFY car deals, the electric vehicle debate, and where Alexi's money would be if he were to personally buy an EV.
You can read more of Alexi's work at onlineauto.com.au and performancedrive.com.au
00:30 - Savings tip
01:30 - PHEV vs hybrids
05:30 - Who should not buy an EV
07:50 - What's cheapest
10:15 - Where Alexi's putting his money
12:00 - EV depreciation
On this week's podcast we chatted about an emerging hot topic for the decades to come - and that's our ageing population. We spoke with Heartland Bank Australia CEO Michelle Winzer on the sensitive topic of elder abuse - what it looks like and how to stop it. We also spoke about Heartland's reverse mortgage product. It was something of a pioneer in this space, which could grow as older Aussies find themselves asset rich and cash poor, so a reverse mortgage could be a way to unlock that equity without necessarily giving up the family home or having any loan payments.
Lifeline: 13 11 14
Elder Abuse Hotline: 1800 353 374
Financial abuse info hub: https://goodshep.org.au/services/financial-abuse-information-hub/
Elder abuse info hub: https://www.healthdirect.gov.au/elder-abuse
00:00 - Intro and savings tip
01:24 - 1 in 6 experience elder financial abuse
03:08 - How it looks and feels
05:12 - Reverse mortgage product
07:34 - Universal pension
10:06 - Heartland's products
12:13 - Outro
On this week's podcast we chatted about an emerging hot topic for the decades to come - and that's our ageing population. We spoke with Heartland Bank Australia CEO Michelle Winzer on the sensitive topic of elder abuse - what it looks like and how to stop it. We also spoke about Heartland's reverse mortgage product. It was something of a pioneer in this space, which could grow as older Aussies find themselves asset rich and cash poor, so a reverse mortgage could be a way to unlock that equity without necessarily giving up the family home or having any loan payments.
Plus we spoke to Alexi Falson, resident automotive journalist on the latest in the car market. We spoke about EOFY car deals, the electric vehicle debate, and where Alexi's money would be if he were to personally buy an EV.
And all the latest news and savings tips of course.
If the topics covered in today's episode raise any concerns for you, here are some resources and numbers to lend a helping hand or ear - do not go it alone.
Lifeline: 13 11 14
Elder Abuse Hotline: 1800 353 374
Financial abuse info hub: https://goodshep.org.au/services/financial-abuse-information-hub/
Elder abuse info hub: https://www.healthdirect.gov.au/elder-abuse
01:44 - Savings Tips, bank transfers & DIY mulled wine
05:26 - RBA rate cut forecast for July
09:05 - Aussie house prices go brrrr
14:38 - Record tax burden on income earners
18:53 - Alexi's car market update
32:07 - Michelle Winzer on elder abuse and financial wellbeing
45:00 - Outro
We spoke with resident finance journalist Harry O'Sullivan on Queensland's Boost 2 Buy scheme, a new shared equity program that chips in for your first home in exchange for the equivalent share of equity. We discussed if this could actually be a secret money maker for the government, leveraging capital gains and potentially tipping more first home buyers beyond the stamp duty threshold.
00:00 - Intro and savings tip. don't drink alcopops
02:30 - B2B explained
03:23 - What the experts think
04:09 - Is there demand for it?
06:52 - Would Harry use it?
07:45 - Government bets on the house
10:33 - Closing remarks
Harry's article:
https://www.savings.com.au/news/boost-to-buy-queensland-first-home-buyers
On this week's episode we're talking about end of financial year, especially when it comes to cars. So we had Peter Willis on, the director of buying at used car marketplace Carma. We discussed how to spot a deal, the tactics that dealers use, and all the due diligence you need to do before taking the plunge. Plus, his savings tip is wheely pertinent and unlike any other we've had on the pod!
- 00:00 - Intro and savings tip, put air in your tyres
- 02:34 - How to get an EOFY bargain
- 04:11 - Dealership tactics
- 05:53 - Checking for lemons
- 07:35 - Standout makes and models
- 09:00 - Closing remarks
On this week's episode we're talking about end of financial year, especially when it comes to cars. So we had Peter Willis on, the director of buying at used car marketplace Carma. We discussed how to spot a deal, the tactics that dealers use, and all the due diligence you need to do before taking the plunge. Plus, his savings tip is wheely pertinent and unlike any other we've had on the pod!
Plus we spoke with resident finance journalist Harry O'Sullivan on Queensland's Boost 2 Buy scheme, a new shared equity program that chips in for your first home in exchange for the equivalent share of equity. We discussed if this could actually be a secret money maker for the government, leveraging capital gains and potentially tipping more first home buyers beyond the stamp duty threshold.
Harry's article:
https://www.savings.com.au/news/boost-to-buy-queensland-first-home-buyers
And all the latest news and savings tips.
00:00 - Intro
02:30 - Savings Tips, check insurance in super and laundry sheets
05:09 - CPI pretty soft at 2.1%
09:20 - NAB and BOQ savings account cuts
13:06 - Unemployment steady at 4.1%
17:43 - Harry on the Boost 2 Buy Qld scheme
28:52 - Peter on EOFY car deals
38:13 - Outro
We spoke to resident finance journalist and editor of Your Mortgage, Brooke Cooper on why brokers are falling out of favour, according to S&P research. Many banks are seeing the commissions they are paying to brokers and finding it more cost effective to go directly to customer. Does this mean brokers are done? Not by a long shot, as they service up to 805 of the mortgage market and many customers prefer the convenience.
Brooke's piece
https://www.yourmortgage.com.au/mortgage-news/love-hate-relationship-why-big-banks-are-stepping-back-from-brokers
00:00-01:23 - Intro
01:23-03:35 - Savings tip, ask for refunds
03:35-05:20 - The banks' love-hate relationship with brokers
05:20-07:15 - What it means for borrowers
07:15-09:25 - Are brokers in trouble?
09:25-14:21 - Personal experiences and outro
We spoke to resident finance journalist Denise Raward on the benefits and drawbacks of lenders mortgage insurance, or LMI. It's a necessary evil if you have less than a 20% deposit for a home loan. As Denise explains, however, you'll have to weigh up the cost versus waiting longer outside the market to save up the 20%.
00:00 - Intro and savings tip, learn how to cook
01:35 - LMI costs explained
03:44 - LMI waivers
08:27 - Better to wait to save or just pay LMI
12:00 - Outro
On this week's podcast episode, Haz was away! So Brooke Cooper, editor at Your Mortgage, stepped in to co-host alongside Dom. Thanks, Brooke, for your very capable stewardship.
As a special guest, we spoke to Denjola Bhutia the director of mortgage brokers Nine Ten Finance about the benefits of non-bank lenders in this current environment. He said there tends to be more flexibility around serviceability buffers, which can be especially useful if you have multiple properties or are looking to grow your portfolio - or just experiencing a bit of crunch despite a good income and good savings.
00:00 - Intro and savings tip, keep repayments the same
02:05 - Non-bank lenders explained
03:20 - APRA buffer
05:45 - Non-bank lending volumes
08:10 - Suitable demographics
09:20 - Brokers
11:15 - APRA buffer again
12:38 - Outro
On this week's podcast episode, Haz was away! So Brooke Cooper, editor at Your Mortgage, stepped in to co-host alongside Dom. Thanks, Brooke, for your very capable stewardship.
As a special guest, we spoke to Denjola Bhutia the director of mortgage brokers Nine Ten Finance about the benefits of non-bank lenders in this current environment. He said there tends to be more flexibility around serviceability buffers, which can be especially useful if you have multiple properties or are looking to grow your portfolio - or just experiencing a bit of crunch despite a good income and good savings.
Plus, we also spoke to resident finance journalist Denise Raward on the benefits and drawbacks of lenders mortgage insurance, or LMI. It's a necessary evil if you have less than a 20% deposit for a home loan. As Denise explains, however, you'll have to weigh up the cost versus waiting longer outside the market to save up the 20%.
And all the latest news and savings tips of course.
00:00 - Intro
01:30 - Savings tips, referral codes & airline seat selection
05:50 - Westpac predicts 2.85% cash rate
09:12 - WA modular homes fund
12:05 - CBA now has quite competitive home loan rates
15:37 - Denise on LMI
23:14 - Denjola on non-bank lenders
41:02 - Outro
On this week's show, our special guest star is Jim Penman, the co-founder and director of Jim's Group. This is probably better known for Jim's Mowing, as well as a litany of other franchises from cleaning to life coaching. We had a pretty insightful chat about Jim's take on the current state of Australia's economy, the productivity issue and what can be done about it all.
00:00-00:34 - Intro
00:34-01:51 - Jim's Savings Tip, wear cheap clothes
01:51-03:31 - Government inefficiency
03:31-04:58 - The red tape around a house
04:58-08:37 - Slack workers and rent seekers
08:37-10:53 - Business conditions
10:53-12:08 - Closing remarks and outro
On this week's show, our special guest star is Jim Penman, the co-founder and director of Jim's Group. This is probably better known for Jim's Mowing, as well as a litany of other franchises from cleaning to life coaching. We had a pretty insightful chat about Jim's take on the current state of Australia's economy, the productivity issue and what can be done about it all.
Plus we spoke to resident finance journalist and editor of Your Mortgage, Brooke Cooper on why brokers are falling out of favour, according to S&P research. Many banks are seeing the commissions they are paying to brokers and finding it more cost effective to go directly to customer. Does this mean brokers are done? Not by a long shot, as they service up to 805 of the mortgage market and many customers prefer the convenience.
And all the latest news and savings tips of course.
Brooke's broker piece:
https://www.yourmortgage.com.au/mortgage-news/love-hate-relationship-why-big-banks-are-stepping-back-from-brokers
00:00-02:14 - Intro
02:14-04:41 - Savings tips, late lunches and unsub from e-commerce emails
04:41-07:17 - $11 trillion housing market
07:17-11:20 - Qld extends $30k FHB grant
11:20-14:36 - BNPL is now credit regulated
14:36-28:00 - Brooke on brokers
28:00-39:28 - Mr Penman on Productivity
39:28-41:12 - Outro
We spoke to resident finance journalist Denise Raward on non-recourse lending and if it applies to Australia. In some US states you can just hand back the house keys to your lender and walk away scot-free but in Australia it's a lot harder to do that.
Denise's article:
https://www.yourmortgage.com.au/compare-home-loans/surrender-home-australia
00:00-00:54 - Intro
00:54-02:05 - Savings tip, 50c fares
02:05-04:07 - Possible to hand back the home?
04:07-05:53 - The default process
05:53-08:39 - Factors driving home repo
08:39-11:40 - Hardship facts and figures
11:40-13:25 - Why are defaults, delinquencies & repossessions low in Oz?
13:25-14:43 - Outro
On this week's chat we had Jenneke Mills, the head of technical services at MLC, here to talk to us about financial confidence and some of the super fund's recent survey results showing very few of us are financially confident! MLC has developed an interesting new Money View tool that shows insights into your financial position and what you can do about it. Jenneke was last on in episode 83.
MLC Money View
https://www.mlc.com.au/personal/mlcmoneyview?00:00-00:38 - Intro
00:38-02:54 - Savings Tip, find time to sort your finances
02:54-04:47 - What's driving non-confidence?
04:47-06:29 - Economic factors
06:29-08:22 - Women less financially confident
08:22-09:27 - First step anxiety
09:27-11:04 - MLC Money View
11:04-12:01 - Outro
On this week's chat we had Jenneke Mills, the head of technical services at MLC, here to talk to us about financial confidence and some of the super fund's recent survey results showing very few of us are financially confident! MLC has developed an interesting new Money View tool that shows insights into your financial position and what you can do about it. Jenneke was last on in episode 83.
Plus we spoke to resident finance journalist Denise Raward on non-recourse lending and if it applies to Australia. In some US states you can just hand back the house keys to your lender and walk away scot-free but in Australia it's a lot harder to do that.
And we cover all the latest news and savings tips of course.
Denise's article:
https://www.yourmortgage.com.au/compare-home-loans/surrender-home-australia
MLC Money View
https://www.mlc.com.au/personal/mlcmoneyview?
00:00-01:52 - Intro
01:52-05:25 - Savings Tips, dishwasher tablets & Google Pixel AI
05:25-08:10 - Anaemic GDP figures
08:10-12:32 - Savings account rates are a'tumblin'
12:32-15:38 - House prices go brrrr
15:38-29:21 - No recourse home loans with Denise
29:21-40:46 - Financial confidence with Jenneke
40:46-41:57 - Outro
We spoke to resident finance journalist Harry O'Sullivan on the common credit card scams and how to avoid them. A pretty good reminder heading into end of financial year! We started off with a rant about the price of cafe breakfasts, so funny how it turns around.
00:00-00:33 - Intro
00:33-01:55 - Harry's savings tip: avoid cafe breakfasts
01:55-03:28 - Common card frauds
03:38-04:32 - What about debit cards
04:32-06:06 - Dom's scam story
06:06-08:24 - Card not arrived fraud
08:24-09:59 - How to prevent fraud in the first place
09:59-10:50 - Final advice
10:50-11:02 - OutroHarry's credit cards report
https://www.savings.com.au/credit-cards/credit-card-fraud
We spoke with Dr. Simone Maher, Chief Veterinary Officer at PetSure, about the rising cost of pet healthcare and how owners can avoid bill shock. From breed-specific risks to unexpected vet bills, we unpack the insights from PetSure’s 2025 Pet Health Monitor, an annual deep dive into what Aussie pet owners are really spending.
We spoke about the costs of dog breeds - who are the most expensive? Maybe your lab has eaten something they shouldn't have, or maybe your greyhound has a twisted stomach. Oh no! A great chat, and some good advice in there for any dog owners or prospective pooch profligates.
PetSure's Pet Health Monitor Report
https://petsure.com.au/pet-health-monitor/
00:00-01:07 - Intro
01:07-02:24 - Simone's savings tip - pet telehealth
02:24-04:03 - Most expensive dog breeds
04:03-05:39 - Common ailments
05:39-07:18 - Most expensive procedures
07:18-09:03 - Preventative measures
09:03-10:44 - Rising vet bills
10:44-13:18 - How to prevent vet bill shock
13:18-13:37 - Outro
We spoke with Dr. Simone Maher, Chief Veterinary Officer at PetSure, about the rising cost of pet healthcare and how owners can avoid bill shock. From breed-specific risks to unexpected vet bills, we unpack the insights from PetSure’s 2025 Pet Health Monitor, an annual deep dive into what Aussie pet owners are really spending.
We spoke about the costs of dog breeds - who are the most expensive? Maybe your lab has eaten something they shouldn't have, or maybe your greyhound has a twisted stomach. Oh no! A great chat, and some good advice in there for any dog owners or prospective pooch profligates.
Plus we spoke to resident finance journalist Harry O'Sullivan on the common credit card scams and how to avoid them. A pretty good reminder heading into end of financial year! We started off with a rant about the price of cafe breakfasts, so funny how it turns around.
And all the latest news and savings tips of course.
PetSure's Pet Health Monitor report
https://petsure.com.au/pet-health-monitor/
Harry's credit cards report
https://www.savings.com.au/credit-cards/credit-card-fraud
00:00-01:51 - Intro
01:51-04:50 - Savings Tips, op shop baby clothes & buy nice or buy twice
04:50-08:20 - Monthly CPI, sneaky risers
08:20-11:22 - Goodbye 5% savings rates?
11:22-15:45 - Home loan rate cut delays
15:45-26:50 - Harry on credit card fraud
26:50-40:24 - Dr Simone on vet bills
40:24-41:36 - Outro
We spoke with resident finance journalist Bernadette Lunas about her latest article on InfoChoice discussing how renters are getting creative amid the ongoing rental crisis. Think pet sitting, co-operative living and so on.
Bern's article
https://www.infochoice.com.au/home-loans/how-are-people-avoiding-the-rent-crisis-in-australia
00:00-02:46 - Intro and Savings Tip, fee-free bank accounts
02:46-04:54 - Ways to avoid the rent crisis
04:54-06:17 - Long-term pet sitting
06:17-08:20 - Security concerns
08:20-11:08 - Co-living spaces
11:08-12:35 - Outro
This week we addressed the big elephant in the room - Tuesday's RBA rate cut - with Shane Oliver, the chief economist at AMP Capital. We talked about what it means for homeowners - potential and existing - borrowing power, savers, and the outlook on the economy. It's always great talking to Shane!
Head to savings.com.au to stay abreast of what all the banks and lenders are doing, and when, in the wake of this cut.
Lender rate cutshttps://www.savings.com.au/news/rba-rate-cut-may-2025
Savings rate cutshttps://www.savings.com.au/news/rba-savings-accounts-may-2025
Compare home loanshttps://www.savings.com.au/home-loans/For more podcast content head to savings.com.au/podcast00:00-00:38 - Intro
00:38-01:15 - Shane's savings tip
01:15-03:04 - Shane's take on the cut
03:04-05:35 - What's driving the dovish tilt
05:35-07:02 - Inflation fight over?
07:02-10:31 - Domestic conditions
10:31-12:08 - AMP's forecast
12:08-13:02 - Outro
This week we addressed the big elephant in the room - Tuesday's RBA rate cut - with Shane Oliver, the chief economist at AMP Capital. We talked about what it means for homeowners - potential and existing - borrowing power, savers, and the outlook on the economy. It's always great talking to Shane!
Head to savings.com.au to stay abreast of what all the banks and lenders are doing, and when, in the wake of this cut.
And we spoke with resident finance journalist Bernadette Lunas about her latest article on InfoChoice discussing how renters are getting creative amid the ongoing rental crisis. Think pet sitting, co-operative living and so on.
Plus all the latest news and savings tips, of course
00:00-02:00 - Intro
02:00-04:00 - Savings Tips, cash jobs and Latitude roaming sim
04:00-06:58 - RBA rate cut to 3.85%
06:58-10:15 - Unemployment and wages growth still strong
06:58-12:40 - Lending levels down
12:40-24:14 - Bern on alternative renting methods
24:14-36:39 - Shane explaining the RBA rate cut
36:39-37:59 - Outro
Bern's article
https://www.infochoice.com.au/home-loans/how-are-people-avoiding-the-rent-crisis-in-australia
Lender rate cuts
https://www.savings.com.au/news/rba-rate-cut-may-2025
Savings rate cuts
https://www.savings.com.au/news/rba-savings-accounts-may-2025
Compare home loans
https://www.savings.com.au/home-loans/
We had Alexi Falson on for his monthly automotive update. As our resident auto journalist, he chatted to us about the best sellers of the past month, as well as the rise of the Chinese manufacturers. Think BYD, MG, GWM and Chery to name a few. We also talked about the fall of Tesla, and the fall of the big Yank Tanks - the RAM 1500 and Chevy Silverado in particular, plus where to get a good deal on a vehicle right now. We also learned to avoid the roads when Dom is driving. Great chat as always.00:00-02:01 - Intro and Savings Tip - Pre-purchase inspection
02:01-03:28 - Market update of the top sellers
03:28-05:06 - The pick of the Chinese manufacturers
05:06-07:29 - The rise of Chinese vehicles
07:29-09:04 - The fall of Tesla
09:04-12:34 - Yank Tanks and electric utes
12:34-14:05 - Good deals and closing remarks
This week we had Daniel Sciberras on, the points expert at pay.com.au - the website that allows small businesses to maximise their credit card points. Daniel was last on way back on episode 8, so probably don't listen to that one. We discussed how small businesses can best use a credit card, which points accrual method is better, plus good general advice for business credit cards (read: pay off your statement in-full every month!).
00:00-00:58 - Intro
00:58-01:37 - Daniel's savings tip, dollar cost averaging
01:37-03:03 - Easy ways to earn points
03:03-05:13 - Small biz credit card tips
05:13-06:40 - Credit card comeback
06:40-08:28 - Best points programs
08:28-10:53 - Pros and cons of rewards credit cards
10:53-14:57 - Hacking and supercharging your points
14:57-15:58 - Changing views of rewards cards
15:58-16:23 - Outro
This week we had Daniel Sciberras on, the points expert at pay.com.au - the website that allows small businesses to maximise their credit card points. Daniel was last on way back on episode 8, so probably don't listen to that one. We discussed how small businesses can best use a credit card, which points accrual method is better, plus good general advice for business credit cards (read: pay off your statement in-full every month!).
We also had Alexi Falson on for his monthly automotive update. As our resident auto journalist, he chatted to us about the best sellers of the past month, as well as the rise of the Chinese manufacturers. Think BYD, MG, GWM and Chery to name a few. We also talked about the fall of Tesla, and the fall of the big Yank Tanks - the RAM 1500 and Chevy Silverado in particular, plus where to get a good deal on a vehicle right now. We also learned to avoid the roads when Dom is driving. Great chat as always.
And all the latest news and savings tips of course.
00:00-01:44 - Intro
01:44-04:06 - Savings Tips - Dockets & Running
04:06-05:37 - Ubank's new pay split feature
05:37-09:30 - CBA's eye-catching new home loan rate
09:30-11:31 - ING boosts TD rate
11:31-24:43 - Alexi's car market update
24:43-40:58 - Daniel's credit card tips
40:58-41:51 - Outro
We also spoke to Brooke Cooper, editor at Your Mortgage, about tax deductibility on owner occupier mortgages. Investors can do it so why can't regular homeowners? It was a policy brought forth by the Coalition, and is probably long dead and buried, but it's still some good food for thought. Brooke said the argument for it is it helps boost retirement security, similar to concessional super contributions.00:00-00:47 - Intro
00:47-02:26 - Brooke's savings tip - DIY
02:26-05:49 - Arguments for interest deductibility
05:49-09:47 - Arguments against
09:47-10:45 - Future plans and outro
The election is done and dusted, and with a resounding victory by Labor, this week we unpacked all the cost of living policies, the sugar hits, with Joel Gibson. He's the consumer finance expert for Zyft. You've probably seen him around the traps by now, on the Today Show and numerous other media. He spoke to us about why COL issues still remain and that cheap (actually expensive) handouts don't go a long way in addressing the core issues.
00:00-00:39 - Intro
00:39-01:50 - Joel's Savings Tip - get digital
01:50-03:59 - Election sugar hits
03:59-05:32 - Why no big ideas from politicians
05:32-07:28 - Inflation battle over?
07:28-09:01 - The farce of electricity price subsidies
09:01-10:59 - People comparing, shopping around
10:59-11:54 - Final remarks and outro
The election is done and dusted, and with a resounding victory by Labor, this week we unpacked all the cost of living policies, the sugar hits, with Joel Gibson. He's the consumer finance expert for Zyft. You've probably seen him around the traps by now, on the Today Show and numerous other media. He spoke to us about why COL issues still remain and that cheap (actually expensive) handouts don't go a long way in addressing the core issues.
We also spoke to Brooke Cooper, editor at Your Mortgage, about tax deductibility on owner occupier mortgages. Investors can do it so why can't regular homeowners? It was a policy brought forth by the Coalition, and is probably long dead and buried, but it's still some good food for thought. Brooke said the argument for it is it helps boost retirement security, similar to concessional super contributions.
Plus all the news and savings tips of course.
- 00:00-02:25 - Intro
- 02:25-05:10 - Savings Tips: Avoid QR Codes, sub-$900 iPhone 16
- 05:10-08:43 - Election policy roundup
- 08:43-12:20 - Inflation back within target
- 12:20-18:01 - NAB bins no-interest credit card
- 18:01-28:41 - Mortgage interest deductibility with Brooke Cooper
- 28:41-40:27 - Critiquing the cost of living relief with Joel Gibson
- 40:27-41:50 - Outro
We were joined by resident finance journalist Denise Raward to talk about productivity. It's easy to discuss in the abstract, but what does it actually mean? People are employed, earning cash, and putting it back into the economy, so who cares? Well as Denise explains, it can be a big hit to your living standards, and the ability to produce more for less, which allows you to earn more. We've been going backwards in this regard for over a decade.00:00-01:35 - Intro and Savings Tip - late meat markdowns01:35-02:53 - What is the productivity problem02:53-04:22 - Why care04:22-07:13 - The care economy07:13-10:00 - How to get out of the slump10:00-12:57 - AI and Automation 12:57-14:16 - Outro
With a federal election looming at the end of the week, we thought we'd get Peter Tulip on again (previously on episode 27), the chief economist at thinktank Centre for Independent Studies. We got his broadbrushed take on the housing election policies bandied about. Peter is a fan of some, but not others. He thinks the mortgage interest deduction policy from the Coalition stinks while at the same time praising its $5b to ease infrastructure bottlenecks in new estates. He also said the government of the last three years had the right messaging and the right communication but didn't really deliver that much. As a former RBA staffer, and now chief economist at the CIS, Peter is well qualified to deliver the verdict.
00:00-02:19 - Intro and Savings Tip, ETFs
02:19-04:52 - The $5b policy for infrastructure bottlenecks
04:52-07:33 - Mortgage interest deductibility and why it stinks
07:33-09:29 - Labor's $10b for first homes and home guarantee scheme
09:29-14:19 - Why easing red tape is paramount but the feds are powerless
14:19-17:54 - Ditch the serviceability buffer?
17:54-19:46 - Rating the last 3 years of government
19:46-19:53 - Outro
With a federal election looming at the end of the week, we thought we'd get Peter Tulip on again (previously on episode 27), the chief economist at thinktank Centre for Independent Studies. We got his broadbrushed take on the housing election policies bandied about. Peter is a fan of some, but not others. He thinks the mortgage interest deduction policy from the Coalition stinks while at the same time praising its $5b to ease infrastructure bottlenecks in new estates. He also said the government of the last three years had the right messaging and the right communication but didn't really deliver that much. As a former RBA staffer, and now chief economist at the CIS, Peter is well qualified to deliver the verdict.
Plus we were joined by resident finance journalist Denise Raward to talk about productivity. It's easy to discuss in the abstract, but what does it actually mean? People are employed, earning cash, and putting it back into the economys, so who cares? Well as Denise explains, it can be a big hit to your living standards, and the ability to produce more for less, which allows you to earn more. We've been going backwards in this regard for over a decade.
And all the latest news and savings tips!
00:00-01:41 - Intro
01:42-04:29 - Savings Tips: Meat-Free Wednesday & GYG $10 Cinco de Mayo Burritos
04:29-07:30 - Inflation preview
07:30-13:15 - Lower APRA buffer?
13:15-16:21 - Rental yield wrap
16:21-29:38 - Fixing productivity with Denise Raward
29:38-48:54 - Election housing policies ranked, with Peter Tulip
48:54-49:55 - Outro
This week we had Bernadette Lunas, resident finance journalist, on to talk about home loans for students - is it possible? Well the short answer is yes but like any customer, the bank will want to see a good income, good savings history, and stable employment. These are three ingredients that might prove difficult if you're a full-time student. This is where you'll need to get creative, like potentially getting a guarantor, or using the government's Home Guarantee Scheme. And as always, buy within your means - that probably means an apartment.
For more info read Bern's article on infochoice.com.au
00:00 - Intro00:30 - Bern's Savings Tip: Student Discounts01:34 - Possible for students to get a home loan?03:22 - Improve your chances of approval04:42 - Wait until after graduating?05:59 - Crazy property market06:39 - Outro
On this week's episode we were joined by Mark Chapman, the director of tax communications at H&R Block, to discuss what each political parties are doing for tax in the lead up to this year's election. It's just over a week away, early votes and postal votes are being cast. Each side has automatic tax offsets promised, as well as a few other core policies of WHAT'S IN IT FOR ME... GIMME THE MONEY. Mark joined us to discuss all that and give us his 2 cents from an accountant's perspective.
00:00 - Intro
00:53 - Mark's Savings Tip, keep receipts
02:33 - The rundown of each side's tax offset policies
05:36 - Actual cost vs instant deduction methods
09:32 - Who is better off under each policy
11:33 - Mortgage interest tax deduction
15:40 - Indexing tax brackets to inflation?
17:18 - Outro
On this week's episode we were joined by Mark Chapman, the director of tax communications at H&R Block, to discuss what each political parties are doing for tax in the lead up to this year's election. It's just over a week away, early votes and postal votes are being cast. Each side has automatic tax offsets promised, as well as a few other core policies of WHAT'S IN IT FOR ME... GIMME THE MONEY. Mark joined us to discuss all that and give us his 2 cents from an accountant's perspective.
Plus, we had Bernadette Lunas, resident finance journalist, on to talk about home loans for students - is it possible? Well the short answer is yes but like any customer, the bank will want to see a good income, good savings history, and stable employment. These are three ingredients that might prove difficult if you're a full-time student. This is where you'll need to get creative, like potentially getting a guarantor, or using the government's Home Guarantee Scheme. And as always, buy within your means - that probably means an apartment.
And all the latest news and savings tips, of course.
00:00 - Intro01:53 - Savings Tips, saving on Easter chocolate05:28 - Not much to read from 4.1% unemployment rate08:42 - Westpac & BOQ home loan rate cuts12:49 - More bank mergers17:50 - Home loans for students with Bernadette Lunas24:20 - Election tax talk with Mark Chapman42:05 - Outro
We chatted with resident finance journalist Harry O'Sullivan on new data pointing to the average Aussie net worth - it's high! But what's driving it? The elephant in the room - property. Yes, what else?
00:00-00:20 - Intro
00:25-02:45 - Savings Tip, catch the train home
02:45-03:31 - How much the average Aussie is worth
03:31-04:39 - What's driving this?
04:39-05:23 - Wealth inequality - median vs mean wealth
05:23-07:54 - How Australia ranks globally
07:54-09:43 - Australia more equal than other countries?
09:43-11:05 - Wealth inequality again
11:05-11:52 - Outro
Another election cycle, more cheap (read: actually expensive) housing promises! This week we had Anja Pannek on, the CEO of the Mortgage & Finance Association of Australia, to discuss this, as well as the organisation's latest research. We discussed things like refinancing, the serviceability buffer, and these election policies - plus Anja's savings tip.
00:00-00:25 - Intro
00:25-01:34 - Anja's Savings Tip, use a broker
01:34-04:05 - Lowering mortgage stress & new policies
04:05-07:38 - Refinancing buffers and mortgage prisons
07:38-12:09 - Is the 3% buffer fit for purpose?
12:09-15:19 - Buffer exceptions
15:19-16:42 - Outro
Another election cycle, more cheap (read: actually expensive) housing promises! This week we had Anja Pannek on, the CEO of the Mortgage & Finance Association of Australia, to discuss this, as well as the organisation's latest research. We discussed things like refinancing, the serviceability buffer, and these election policies - plus Anja's savings tip.
We also chatted with resident finance journalist Harry O'Sullivan on new data pointing to the average Aussie net worth - it's high!
And all the latest news and savings tips of course.
00:00-01:28 - Intro
01:47-05:37 - Savings Tips - DIY Fixes and Aldi Reformer Pilates machine
05:37-11:50 - Election Housing Policies
11:50-15:21 - CBA cuts HECS/HELP out of serviceability
15:21-18:34 - Variable rate increases from Suncorp, Bendigo
18:34-30:11 - How much the average Aussie is worth, with Harry O'Sullivan
30:11-45:46 - Election mortgage policies reviewed with Anja Pannek
45:46-46:55 - Outro
We talk to Alexi Falson, resident motoring journalist, on the latest market update, VFACTS car sales figures, the popularity of EVs and why Tesla isn't selling as much. Could it be due to perception of its CEO Elon Musk and his shenanigans heading DOGE in the US Government?
00:00-00:25 - Intro
00:25-01:29 - Alexi's Savings Tip - be kind to butchers
01:29-05:07 - The Chinese cars making up Australia's most popular vehicles
05:07-07:06 - What's driving the rise of GWM, BYD and MG?
07:06-11:45 - Declining EV sales - a boon for the used market?
11:45-12:16 - Episode 97 plug on Salary Packaging
12:16-13:57 - Sentiment towards Elon Musk
13:57-15:15 - EV remarks and outro
As this week's special guest we have Ben Luck from Regional Australia Bank here to talk to us about the strength of customer-owned banking, its home loan cashback offer and other timely topics regarding the bank and the sector.
00:00-00:34 - Intro
00:34-01:14 - Ben's Savings Tip, pay yourself
01:14-02:20 - Who is Regional Australia Bank
02:20-03:44 - How money is spent on community
03:44-04:55 - The sharp rates on offer
04:55-06:27 - Acquisitions of Mac Credit Union & Summerland Bank
06:27-07:25 - All about the $4k cashback offer
07:25-08:25 - More about cashbacks
08:25-09:26 - Final remarks and outro
This week we're celebrating episode 100! Wow! Who woulda thunk it, that we'd get so far. Thank you to all the listeners for support - it's been a huge learning opportunity for us, Dom and Haz, to put together a podcast every week. Starting 2.5 years ago we had no idea what to do - and we still don't, but we're learning every day.
In this week's episode we have Ben Luck from Regional Australia Bank here to talk to us about the strength of customer-owned banking, its home loan cashback offer and other timely topics regarding the bank and the sector.
Plus we talk to Alexi Falson, resident motoring journalist, on the latest market update, VFACTS car sales figures, the popularity of EVs and why Tesla isn't selling as much. Could it be due to perception of its CEO Elon Musk and his shenanigans heading DOGE in the US Government?
And the latest news and savings tips of course.
00:00-02:22 - Celebrating 100 episodes
02:22-03:33 - Intro
03:33-06:30 - Savings Tips: Free council plants, and reassess value of fast food
06:30-17:10 - Tariff talk, sharemarkets plunge, recession likely? RBA on watch
17:10-20:51 - New cashback offers on your home loan
20:51-35:52 - Electric vehicle sales & market update with Alexi Falson
35:52-44:29 - Regional Australia Bank's new $4k cashback offer, with Ben Luck
44:29-46:11 - Outro
We get the scoop from Brooke Cooper - the editor at Your Mortgage - on CoreLogic's research pointing to people making record profits on their home sales. Most people make a profit, but who are the unlucky few who don't?
00:00-00:35 - Intro
00:35-01:57 - Brooke's Savings Tip
01:57-04:24 - Those making a profit
04:24-06:26 - Those making a loss
06:26-08:00 - Houses vs Units
08:00-09:30 - Future outlook
09:30-10:28 - Outro
Fresh after the RBA cash rate decision for April, Paul Bloxham - the chief economist at HSBC - was kind enough to join us to explain the decision and implications for future movements. Paul was the only prominent economist to correctly call no cuts in 2024. So, where to from here? Well with an election around the corner, both sides of politics will be wanting to ride the wave of an independent institution. A cut in May could be particularly spicy with the election on 3 May. Hear from Paul on all of this, plus his savings tip!
00:00-00:34 - Intro
00:34-01:16 - Paul's savings tip, buy gold!
01:16-03:03 - Any surprises from RBA in April
03:03-05:06 - Likelihood of a cut in May or beyond
05:06-06:27 - Differences in forecasts
06:27-08:33 - The inflation timeline
08:33-11:52 - Productivity fixes
11:52-12:32 - Outro
Fresh after the RBA cash rate decision for April, Paul Bloxham - the chief economist at HSBC - was kind enough to join us to explain the decision and implications for future movements. Paul was the only prominent economist to correctly call no cuts in 2024. So, where to from here? Well with an election around the corner, both sides of politics will be wanting to ride the wave of an independent institution. A cut in May could be particularly spicy with the election on 3 May. Hear from Paul on all of this, plus his savings tip!
Plus, we get the scoop from Brooke Cooper - the editor at Your Mortgage - on CoreLogic's research pointing to people making record profits on their home sales. Most people make a profit, but who are the unlucky few who don't?
And all the latest news and savings tips.
00:00-02:10 - Intro
02:10-05:37 - Savings Tips: Lose Weight & $2 PPSR Check
05:37-08:27 - RBA keeps cash rate on hold
08:27-12:16 - New record home values in March
12:16-18:33 - Lower APRA buffer suggested by Coalition
18:33-28:43 - Record home sale profits with Brooke Cooper
28:43-40:25 - RBA holds cash rate, what it means with Paul Bloxham
40:25-42:07 - Outro
On this week's episode we spoke to resident finance journalist Denise Raward on 'tenants in common' - what it means, and how to get two different home loans on the same house. Plus Denise's savings tip - op shops!
00:00-01:00 - Intro
01:00-03:14 - Denise's savings tip, op shops
03:14-04:43 - Buying with friends and family
04:43-06:57 - Two mortgages, one house
06:57-09:01 - Do banks lend in this area
09:01-12:14 - What if it goes belly up
12:14-13:32 - Final thoughts and outro
This week we dug deeper into the budget with the Domain chief of research Dr Nicola Powell on what it means for homebuyers, as well as if there's any implications for the looming federal election. There weren't many surprises on housing in the budget because a lot of the items had been announced already. Nicola also said the two parties aren't drastically different - historically - when it comes to housing, and the market is bigger than who's in power.
00:00-00:31 - Intro
00:31-01:27 - Nicola's Savings Tips
01:27-02:13 - Broad budget overview
02:13-03:40 - Standout items for homebuyers
03:40-05:51 - Differences between Coalition and Labor policies
05:51-07:42 - Election and property market mythbusting
07:42-09:22 - What happens to auctions on election day
09:22-11:24 - A pickup in activity
11:24-12:24 - Little difference in property performance vs governments
12:24-13:26 - Outro
This episode was dropped right after the 2025 Federal Budget. And cor, what a whopper! Haz and Dom spent a large portion of the news dissecting it all. This includes a surprise tax cut, energy bill relief, HECS relief, and cheaper pints and tobacco excise raging on.
We also dug deeper with the Domain chief of research Dr Nicola Powell on what it means for homebuyers, as well as if there's any implications for the looming federal election. There weren't many surprises on housing in the budget because a lot of the items had been announced already. Nicola also said the two parties aren't drastically different - historically - when it comes to housing, and the market is bigger than who's in power.
We also spoke to resident finance journalist Denise Raward on 'tenants in common' - what it means, and how to get two different home loans on the same house.
00:00-01:58 - Intro
01:58-04:59 - Savings Tips: Whipper Snipper DIY & Bowlo Membership
04:59-22:30 - Budget bonanza - surprise tax cuts, big deficits
22:30-28:10 - February inflation 2.4%, tobacco & insurance big drivers
28:10-45:35 - Denise Raward on two home loans, one home
45:35-58:15 - Dr Nicola Powell on what's in the budget for homebuyers
58:15-59:50 - Outro
We spoke to resident finance journalist Harry O'Sullivan on the first two months of Trump's presidency, what the steel tariff means for Australia, if it means 'recession', what it could mean for other sectors, and what it means for finances and shares domestically.
00:00-01:03 - Intro
01:03-02:30 - Harry's Savings Tip - Time is Money
02:30-04:07 - Reviewing Trump's tariff on Aussie steel
04:07-06:01 - The 'R' word - Recession
06:01-07:45 - More on the recession talk
07:45-09:58 - Where this will end up
09:58-11:48 - Reflecting on Harry's thoughts in November
11:48-12:48 - Share markets and super
12:48-14:55 - Impact on RBA monetary policy
14:55-15:13 - Outro
Amidst all this talk about the cost of living crunch, there's one overlooked 'hack' that could save people over $5k. It's salary packaging, or salary sacrificing. The savings aren't explicit, but you do save on tax.
Many people know they can salary sacrifice super contributions, but did you know with some workplaces you can also do it for your petrol, transport, groceries, your mortgage, and your car? Some professions can sacrifice around $16k. Here to chat about that is Mike from Smart Salary Packaging, which works with companies to deliver their packaging schemes. He discussed the benefits, as well as probably the hottest topic - novated leasing, and if it's worth it. Great insightful chat!
00:00-00:43 - Intro
00:43-01:49 - Mike's Savings Tip
01:49-02:43 - Why aren't more people salary packaging?
02:43-04:44 - Benefits of salary packaging
04:44-07:08 - Educating workplaces on salary packaging
07:08-08:15 - Why not for profits get a bigger sacrifice
08:15-09:30 - Intro to novated leases
09:30-12:29 - Novated leasing benefits
12:29-13:23 - No GST on novated leasing cars
13:23-14:21 - Outro
Amidst all this talk about the cost of living crunch, there's one overlooked 'hack' that could save people over $5k. It's salary packaging, or salary sacrificing. The savings aren't explicit, but you do save on tax.
Many people know they can salary sacrifice super contributions, but did you know with some workplaces you can also do it for your petrol, transport, groceries, your mortgage, and your car? Some professions can sacrifice around $16k.
Here to chat about that is Mike from Smart Salary Packaging, which works with companies to deliver their packaging schemes. He discussed the benefits, as well as probably the hottest topic - novated leasing, and if it's worth it. Great insightful chat!
Plus we spoke to resident finance journalist Harry O'Sullivan on the first two months of Trump's presidency, what the steel tariff means for Australia, if it means 'recession', what it could mean for other sectors, and what it means for finances and shares domestically.
And all the latest news and savings tips of course.
00:00-01:50 - Intro
01:50-05:50 - Savings Tips - Enter Competitions & $69 Dreamworld Annual Pass
05:50-08:54 - Rabobank cuts savings rates again
08:54-13:25 - Super for housing could boost house prices by 10%
13:25-17:48 - New $4k cashback offer from Police Bank
17:48-32:54 - Trump's first two months as president, reviewed by Harry O'Sullivan
32:54-46:57 - The benefits of salary sacrificing, with Smart's Mike Daly
46:57-48:13 - Outro
This week we spoke to InfoChoice finance journalist Bernadette Lunas on which generation REALLY had it harder when buying a home. We've looked at the data to help you settle your debate with your uncle who's four beers deep at the barbecue! It essentially boils down to high entry price vs high interest rates, plus a few other factors such as: Joint incomes; homebuyer support; home ownership rates and more. Put down those tongs and tear into Uncle John!
00:00-00:58 - Intro
00:58-03:20 - Bern's Savings Tip: Cook at Home
03:20-05:25 - Interest Rates vs High Prices
05:25-10:05 - Changing Household Dynamics
10:05-11:07 - Is the next generation stuffed?
11:07-12:08 - Outro
This week we spoke to Jo Agresta, the co-founder of property app Abodey. Abodey aims to take the time and guess work out of property hunts, marrying up suitable properties with the buyer's profile. New research from the app also suggests 50% of homebuyers have buyers' remorse in some respects, with that figure jumping to 80% in some areas and in some situations. Jo joined us to unpack all that, as well as share some sage property hunting advice with Dom and Haz.
00:00-00:47 - Intro
00:47-02:10 - Jo's Savings Tip: Lock your savings away
02:10-03:29 - A bit about Abodey
03:29-05:52 - Talking about 'buygret'
05:52-07:00 - What's driving buygret
07:00-09:43 - Natural levels of buyers remorse
09:43-12:59 - Auction regrets, a case study
12:59-14:44 - Off-market properties
14:44-17:10 - Final tips
17:10-18:17 - Outro
This week we spoke to Jo Agresta, the co-founder of property app Abodey. Abodey aims to take the time and guess work out of property hunts, marrying up suitable properties with the buyer's profile. New research from the app also suggests 50% of homebuyers have buyers' remorse in some respects, with that figure jumping to 80% in some areas and in some situations. Jo joined us to unpack all that, as well as share some sage property hunting advice with Dom and Haz.
Plus we chatted to resident finance journalist Bernadette Lunas on who REALLY had it harder when buying a home - Boomers, Gen X, Millennials or Gen Z. An interesting talk!
And all the latest news and savings tips of course.
00:00-01:56 - Intro
01:56-04:49 - Savings Tips: Cheap Décor at TK Maxx; Cheaper Kayo Through AFL Membership
04:49-08:36 - Per capita recession over?
08:36-12:33 - Grants on offer for those flood/cyclone affected
12:33-15:43 - Total value of dwellings over $11 trillion!
15:43-27:47 - Boomers vs Millennials Home Buying Debate, with Bernadette Lunas
27:47-45:42 - How to win at auctions and avoid regret with Jo Agresta from Abodey
45:42-46:59 - Outro
Joining us for his very first spotlight segment is Alexi Falson, a motoring journalist from group sister websites carloans.com.au and Performance Drive. He's been with us for a few years now but only now has he hopped on the podcast.
His topic of choice was depreciation, and how to avoid it. It's a big killer, with many cars losing a third of their value in as little as three years. Plus he gives us an electric vehicle market update, and shares two savings tips.
00:00-01:05 - Intro
01:05-03:51 - Alexi's Savings Tips - avoiding impulse purchases, and look at demo vehicles
03:51-04:23 - The brand with the least depreciation
04:23-06:07 - The post-Covid car market
06:07-07:13 - How much cars lose in depreciation
07:13-08:26 - Why people should care about depreciation
08:26-10:42 - How to stop your car from depreciating so much
10:42-12:43 - EV market update
12:43-14:21 - What to do about batteries on used EVs
14:21-14:33 - Outro
This week we had Elsa on to discuss the all important topic of credit scores. She told us it's not necessarily the score that matters but what's in the report. You can download them for free once a quarter from the likes of illion, Experian, and Equifax and in it you'll see not just credit items but also interesting things like your phone plans, energy, internet and so on. Elsa said it's important to look at it every so often because if there's a discrepancy or a fraud, it could affect your ability to get credit in the future. So, raise those flags ASAP! 00:00-00:45 - Intro
00:45-01:05 - Elsa's Savings Tip - don't forget happiness
01:05-03:57 - Credit Score vs Credit Report
03:57-05:32 - What matters on your report
05:32-06:48 - How long stuff stays on your report
06:48-08:08 - Are Aussies becoming more financially savvy
08:08-09:35 - Taking out credit to build a profile - fact or fiction
09:35-11:09 - Home loan approvals, how they factor in
11:09-13:09 - How to dispute a discrepancy
13:09-15:07 - Final tips
15:07-15:59 - Outro
This week we had Elsa on to discuss the all important topic of credit scores. She told us it's not necessarily the score that matters but what's in the report. You can download them for free once a quarter from the likes of illion, Experian, and Equifax and in it you'll see not just credit items but also interesting things like your phone plans, energy, internet and so on. Elsa said it's important to look at it every so often because if there's a discrepancy or a fraud, it could affect your ability to get credit in the future. So, raise those flags ASAP!
We also spoke to Alexi Falson, resident motoring journalist on the importance of depreciation, as well as a market update on electric vehicles.
Plus all the latest news and savings tips of course.
00:00-01:54 - Intro
01:54-06:20 - Savings Tips - Reconsider Fine Dining, and Cashback Debit Cards
06:20-09:42 - Property prices bounce in February
09:42-12:20 - ING cuts savings rate by only 10bps but there's a catch
12:20-15:38 - Virgin Money not passing on rate cut to home loan customers
15:38-30:08 - Which cars depreciate the least? With Alexi Falson
30:08-45:51 - The importance of credit reporting, with Elsa Markula
45:51-47:05 - Outro
Matt Bowen, head of consumer and market insights at ING, jumped on the podcast this week to talk about the latest findings from the bank that found more than two thirds of mortgage holders are planning to keep their repayment the same. This is despite the cash rate cut potentially unlocking $1200 a year in savings.
00:00-00:37 - Intro
00:37-02:39 - Matt's Savings Tip - review your subscriptions
02:39-03:43 - How mortgage holders are responding to the RBA cut
03:43-04:59 - Are people spending the savings?
04:59-06:36 - Are repayments automatically lowered?
06:36-07:58 - Super top ups
07:58-09:09 - Will the RBA be pleased
09:09-10:25 - How Matt's responding personally
10:25-11:33 - Outro
Matt Bowen, head of consumer and market insights at ING, jumped on the podcast this week to talk about the latest findings from the bank that found more than two thirds of mortgage holders are planning to keep their repayment the same. This is despite the cash rate cut potentially unlocking $1200 a year in savings.
Plus we talk to Brooke Cooper, Your Mortgage editor, to discuss her latest piece on the rent to buy conundrum and what would-be homebuyers are better off doing nowadays.
And all the latest news and savings tips of course.
00:00-02:40 - Intro
02:24-05:17 - Savings Tips - Warranties & Free Paramount Plus
05:17-09:18 - RBA rate fallout - who's passing on the cuts?
09:18-13:06 - Westpac & NAB's 10 offset accounts
13:06-15:49 - New $4k mortgage cashback offer
15:49-26:09 - Renting vs buying with Brooke Cooper
26:09-36:40 - How people are responding to the cash rate cut, with Matt Bowen
36:40-38:16 - Outro
In her last ever segment for the Savings Tip Jar, Your Investment Property Magazine editor Emma Duffy unpacked the government's decision to ban foreign investment on existing homes for another two years. She says the decision is window dressing, and that they make up a small portion of home buyers, and that more is needed to combat the affordability crisis.
00:00-02:07 - Intro & Emma's Savings Tip
02:07-05:34 - Explaining the context
05:34-08:11 - Land banking ban
08:11-09:19 - Impact on Aussie investors
09:19-11:20 - Emma's thoughts on it
11:20-12:56 - Outlook on property market
12:56-13:40 - Outro
Warren Hogan, chief economic adviser at Judo Bank, isn't one to mince words. This time on the podcast he wasn't happy about the RBA rate cut decision to bring it down to 4.10%. He said they run the risk of looking "pretty stupid" with what he says is a premature rate cut.
00:00-00:26 - Intro
00:26-02:27 - No rationale for rate cut
02:27-04:46 - Geopolitics and Trump talk
04:46-07:01 - 'Sustainable' inflation
07:01-09:11 - Warren's wrong calls
09:11-09:49 - Election talk
09:49-10:14 - Outro
February delivered the first RBA rate cut in more than four years. This provides relief to mortgage holders but Judo Bank economic adviser Warren Hogan said the decision is premature, the RBA has fallen into the politicisation of inflation trap, and that Aussies as a whole are copping high inflation to appease a few. Not one to mince words!
Plus we chat to Emma Duffy, the editor of Your Investment Property Magazine on her last ever segment to talk about the foreign investment ban on existing properties.
Plus all the latest news and savings tips.
00:00-02.07: Intro
02:07-04:00: Savings Tips - use your neighbours, and discount gift cards
04:00-06:17: RBA cuts cash rate to 4.10%
06:17-08:38: HECS debts now factor less into serviceability
08:38-12:05: The interest rate needed to cause a homebuyer surge
12:05-25:41: Foreign investors banned for two years, with Emma Duffy
25:41-35:38: Unpacking the RBA's cash rate cut with Warren Hogan
35:38-37:29: Outro
This week Denise took us through the ins and outs of green homes, what you need to qualify as 'green', and how to qualify for a green home loan. We also explored the benefits of green home loans, and the lender requirements for them. Plus Denise' savings tip and her personal experience 'going green'!00:00-02:42: Introduction to Green Home Loans
02:42-05:23: Understanding Green Home Loans and Their Benefits
05:23-07:53: Government Initiatives and Financial Support
07:53-10:43: Market Trends and Property Value Implications
10:43-12:15: Personal Experiences and Future Considerations
This week, Angus Taylor was kind enough to jump on and share his vision should his party be elected to govern this year. With an election likely in the next few months, we asked him various questions as to what matters most to Aussies - cost of living is likely to be a huge touchstone among voters. We asked if the 'super for housing' policy is a good idea, what to do to speed up housing supply, and what boosting productivity looks like and if it means some job losses in the public sector. Plus Angus' savings tip.00:00-00:37 - Intro
00:37-01:35 - Angus Taylor's savings tip(s)
01:35-02:49 - What an LNP government would bring to the table
02:49-04:25 - Harmonising government actions and RBA rate rises
04:25-06:20 - Super for housing - a good idea?
06:20-08:35 - How a coalition government would speed up housing supply
08:35-10:43 - Chance of more income tax cuts
10:43-13:19 - What 'cutting red tape' means
13:19-15:12 - Solving the productivity problem
15:12-16:08 - Does productivity come at the expense of job losses?
16:08-17:00 - Outro
This week, Angus Taylor was kind enough to jump on and share his vision should his party be elected to govern this year. With an election likely in the next few months, we asked him various questions as to what matters most to Aussies - cost of living is likely to be a huge touchstone among voters. We asked if the 'super for housing' policy is a good idea, what to do to speed up housing supply, and what boosting productivity looks like and if it means some job losses in the public sector. Plus Angus' savings tip.
And we chat to resident finance journalist Denise Raward about the benefits of green home loans.
And all the latest news and savings tips.
00:00-02:00 - Intro
02:00-05:06 - Savings Tips: Caryard deals & threaten to cancel Kayo
05:06-07:23 - Lutheran Laypeople is no longer a bank
07:23-11:00 - Grocery price controls in remote areas
11:00-14:11 - Moratorium on branch closures
14:11-26:07 - Green home loan benefits with Denise Raward
26:07-42:31 - Angus Taylor MP, shadow treasurer
42:31-43:53 - Outro
For the first time in 2025, Emma joins us to discuss CoreLogic's latest home value index, plus what investors should watch in 2025. This includes any further regulation with APRA signalling if the housing market gets too hot, it might apply the handbrakes. This could include higher lending standards, or other caps and tomfoolery.
This is the second-last time Emma joins us before embarking on a big overseas sojourn/sabbatical, so her savings tip is very handily travel-related.
Damning evidence continues to mount for the slow start to the government's Housing Accord. It wants to build 1.2 million new homes by 2029, and the first six months of the program has been anything but inspiring. Every state and territory lags behind its goal, but some are much worse than others. Here to unpack all that is Matt Kandelaars, a policy and advocacy executive at the Property Council of Australia.
00:00-00:33 - Intro
00:33-02:14 - Matt's Savings Tip
02:14-04:33 - The government is behind on its housing target
04:33-07:38 - Addressing tradie skill shortages
07:38-11:39 - The best and worst performing states
11:39-16:19 - Easing red tape and cutting stamp duty
16:19-18:50 - What each side of politics can do in an election year
18:50-19:59 - Outro
Damning evidence continues to mount for the slow start to the government's Housing Accord. It wants to build 1.2 million new homes by 2029, and the first six months of the program has been anything but inspiring. Every state and territory lags behind its goal, but some are much worse than others. Here to unpack all that is Matt Kandelaars, a policy and advocacy executive at the Property Council of Australia.
Plus we have Emma Duffy, the editor of Your Investment Property Magazine on for her first chat of 2025 (and her second-last) to give us an update on the market, and what investors should look out for in 2025.
And all the latest news and savings tips!
00:00-02:12 - Intro
02:12-05:50 - Savings Tips: Shop wisely at Costco, and cheap shavers
05:50-09:27 - New savings account from Heartland Bank
09:27-11:46 - NAB cuts fixed home loan rates
11:46-14:35 - People feeling more confident to spend
14:35-23:25 - The latest home values and investor update on 2025, with Emma Duffy
23:25-42:48 - The government's behind on its housing target, with Matt Kandelaars from the Property Council of Australia
42:48-44:08 - Outro
Your Mortgage has a new survey out, revealing many Australians have quite a few regrets when it comes to their home loans. So, we had Brooke Cooper, the site's editor on to discuss the findings. To read the report, head to the Your Mortgage website, input your email, and the in-depth report will be sent to your inbox. It's a great read!
While the latest inflation figures are out already, WeBull CEO Rob Talevski explains why even if the figures are soft, they won't convince the RBA to cut the cash rate in February.
00:00-00:38 - Intro
00:38-01:35 - Rob's Savings Tip: Automated Investments
01:35-04:37 - What CPI will be, and why the RBA won't cut in February
04:37-07:43 - Inflation headwinds from Trump tariffs, weak AUD
07:43-09:36 - RBA cut before federal election?
09:36-11:32 - What makes the inflation data cloudy
11:32-12:15 - Outro
The loudest voices seem to suggest the RBA is all but certain to cut the cash rate in February. However WeBull Securities CEO Rob Talevski suggests there are still wide ranging inflationary pressures that will convince the RBA to hold once again.
Plus, we chat to Brooke Cooper, YourMortgage editor about the site's recent survey finding out about mortgage holders' biggest regrets!
And the latest news and savings tips.
00:00-02:18 - Intro
02:18-04:37 - Savings Tips: Discounted Plants & Veggie Boxes
04:37-05:51 - Victorian fuel price regulation
05:51-08:18 - Macquarie fixed rate home loan cuts
08:18-11:26 - RBA, government closer to banning debit card surcharges
11:26-18:43 - Home loan regrets, with Your Mortgage editor Brooke Cooper
18:43-30:22 - Why the RBA won't cut in February, with WeBull CEO Rob Talevski
30:22-31:49 - Outro
Bern runs us through some research from Futurity Investments that found the entire cost of a kids' 13 years of education could cost more than $400,000. This pertains to Sydney at a private school, with a lot of extracurriculars thrown in. Public schooling isn't cheap, either. And how are parents coping? Well they're realising maybe Timmy doesn't need six triangle lessons a week plus piano, French, and soccer.
Donald Trump is now in for his second swing at US President. Punctuated in the middle by Joe Biden - who as Greg points out, presided over some of the worst inflation since the 1970s - Trump has come in bold and brash, talking tough on tariffs and taxes. But what does this mean for the share market?
In addition, Trump has put the green light on TikTok once again, after 24 hours of darkness - perhaps at the behest of Elon Musk.
Greg unpacks all this and more with the boys from the Savings Tip Jar.
00:00-00:55 - Intro
00:55-01:56 - Greg's Savings Tip the '100 minus your age' superannuation rule
01:56-04:03 - Market performance with Trump 2.0
04:03-09:04 - Long term effects of tariffs and protectionism
09:04-11:34 - Euro and Canada don't like it, softer rhetoric on inauguration day?
11:34-13:20 - The Aussie Dollar's performance
13:20-15:44 - Oil production and 'drill baby drill'
15:44-17:56 - TikTok's future, impact on investing
17:56-19:40 - Outro and closing remarks
Trump 2.0 was made official today (21 Jan Australian time, 20 Jan US time). He's talked tough on tariffs and taxes - and immigration. He even called 'tariff' the most beautiful word in the English language. Now, the rubber has hit the road, so what does this all mean for the share market, and more broadly, the economy? Australia's economy is intrinsically linked with the US. Our two parents - China and the US - are at loggerheads! Won't someone think of the children! Greg Boland, chief strategy officer at Tiger Brokers (not pictured) was kind enough to share his thoughts on what this all means for us.
Plus we chat to resident finance journalist Bernadette Lunas on new research pointing to the staggering costs of putting your kids through school.
And all the latest news and savings tips of course.
00:00-02:29 – Intro
02:29-05:15 – Savings Tips: Knife Credits & Regional Fuel Savings
05:15-07:11 – Unemployment rate rises to 4%
07:11-11:37 – Black Friday spending more popular than Christmas/Boxing Day spending
11:37-15:31 – What a weak Aussie Dollar means for travel plans
15:31-25:54 – The potential $400k cost of putting a childthrough school, with Bernadette Lunas
25:54-44:58 – What Donald Trump’s presidency means for share markets, with Greg Boland from Tiger Brokers
44:58-46:49 – Outro
A CoreLogic report revealed Aussie ASX shares as a whole outperformed average property price gains in 2024. This is the fifth time in a decade this has happened. Resident finance journalist Harry O'Sullivan runs us through the how and the why, and the pros and cons of each asset class.
We spoke to Ben Kingsley, who is a bit of a financial renaissance man on what homebuyers should look out for in 2025. He's an investment adviser, has a money management app (Moorr), runs his own podcast called the Property Couch, and more. Or should I say moorr.
Themes for homebuyers in 2025 include potential interest rate cuts, the evolving market dynamics and supply levels, and the two-speed property market.
00:00-00:31 - Intro
00:31-01:57 - Ben's Savings Tip
01:57-04:07 - What Moorr does
04:07-06:36 - Mental blocks around budgeting
06:36-07:57 - What people should do differently in 2025
07:57-11:23 - Other financial themes for 2025
11:23-13:08 - What interest rate cuts could mean
13:08-16:11 - The two-speed property market
16:11-17:11 - Outro
Well well well, we're back again - this time in 2025, and for our fourth season! What better way to kick off the season than to chat to someone about financial and housing themes that are bound to crop up this year. We spoke to Ben Kingsley, who is a bit of a financial renaissance man on what homebuyers should look out for in 2025. He's an investment adviser, has a money management app (Moorr), runs his own podcast called the Property Couch, and more. Or should I say moorr.
In this episode we also spoke to resident finance journalist Harry O'Sullivan on some new research from CoreLogic that found shares outperformed property in 2024!
Plus all the news, and savings tips - of course.
00:00-04:00 – Intro
04:00-07:39 – Savings Tips: Cheap Christmas stuff, and ClassPass
07:39-11:28 – Grocery prices rose over 6% in 2024
11:28-15:34 – Home prices end the year down
15:34-18:28 – RBA will cut cash rate in February 2025: ANZ
18:28-31:30 – Are equities a better investment than property? With Harry O’Sullivan
31:30-48:02 – Tips for homebuyers in 2025, with Ben Kingsley from Moorr money app
48:02-49:47 - Outro
This week is our last episode for the year! And what better way to round out a huge season with a huge chat with Clare O'Neil, the federal minister for housing.
The minister was kind enough to lend us 15 minutes or so to chat to us about the housing crisis, the policies the government has in place to address it, how they are going, what could be done better, and how the feds are working with the states to get some big policy items across the line.
00:00-00:38 – Intro
00:38-02:18 – How the Home Guarantee Scheme is going
02:18-04:56 – The issue with the income caps
04:56-07:07 – Impact of RBA rate rises on borrowing power, home building
07:07-08:59 – Is the government tackling inflation appropriately?
08:59-09:59 – The issue of stamp duty
09:59-11:48 – Are we building enough homes?
11:48-14:46 – Using super to buy a home
14:46-15:21 – Comment on the home guarantee scheme
15:21-17:05 – Working with states to tackle zoning issues
17:05-17:20 – Outro
17:20-22:50 – Dom and Haz’s Debrief
Corelogic's home value index for October shows Sydney's home values dropped marginally - the first fall since early 2023! Auction clearance rates and other market indicators show a softening in Australia's largest property market.
Here to unpack all of this and what it means is the editor of Your Investment Property Magazine, Emma Duffy.
This week is our last episode for the year! And what better way to round out a huge season with a huge chat with Clare O'Neil, the federal minister for housing.
The minister was kind enough to lend us 15 minutes or so to chat to us about the housing crisis, the policies the government has in place to address it, how they are going, what could be done better, and how the feds are working with the states to get some big policy items across the line.
Stay tuned for that one after our savings tips, news, and fortnightly property chat with Emma Duffy, the editor of Your Investment Property Magazine.
00:00-02:29 – Intro
02:29-04:36 – Savings Tips: DIY Gifts & Replica Fragrances
04:36-07:21 – RBA holds cash rate in November
07:21-10:34 – HECS/HELP debts to reduce by 20%
10:34-14:03 – US election impact on Aussie finances
14:03-23:36 – Sydney home values fell, with Emma Duffy
23:36-41:02 – Hon Clare O’Neil MP, federal housing minister
41:02-45:20 – Debrief
45:20-46:53 - Outro
Also on this week’s podcast, we had Bernadette Lunas, the resident InfoChoice finance journalist to talk to us about the rise of ‘boomerang kids’, and what it says about society and the cost of living when adult kids move back home.
The latest survey from Australian Seniors found the biggest cause for adult children moving back in with their parents are: Financial struggles (39%); relationship and personal issues (30%); and lack of affordable living options (28%).
But as Dom points out, it's not all bad news. Multigenerational living is common overseas, can help alleviate the rental crisis, and is a natural reaction and rebuke to the extremely low household sizes we saw during Covid.
On this week’s podcast, we had Jenny Wong, the tax lead at CPA Australia to talk us through a rather spooky deadline. Yes, that’s the tax return deadline – due 31 October! And the ATO could knock on your door forfailing to lodge, and it’s not going to be for ‘trick or treat’.
Jenny ran us through some potential penalties for failing to lodge, as well as how to extend that deadline, as well as some general tax time tips if you haven’t yet lodged.
00:00-00:35 - Intro
00:35-01:46 - Penalties for failing to lodge
01:46-02:43 - How to extend the 31 October deadline
02:43-04:31 - General tax tips
04:31-05:58 - How to avoid tax scams
05:58-06:45 - Technologies the ATO is using
06:45-07:23 - Outro
On this week’s podcast, we had Jenny Wong, the tax lead at CPA Australia to talk us through a rather spooky deadline. Yes, that’s the tax return deadline – due 31 October! And the ATO could knock on your door forfailing to lodge, and it’s not going to be for ‘trick or treat’.
Jenny ran us through some potential penalties for failing to lodge, as well as how to extend that deadline, as well as some general tax time tips if you haven’t yet lodged.
Also on this week’s podcast, we had Bernadette Lunas, the resident InfoChoice finance journalist to talk to us about the rise of ‘boomerang kids’, and what it says about society and the cost of living when adult kids move back home.
Plus we cover the latest news and savings tips.
00:00-02:19 – Intro
02:19-04:49 – Savings Tips: Pay a subscription yearly, and get free moving boxes on Marketplace
04:49-09:04 – Aussies lose an average of more than $1500 to gambling per year
09:04-13:13 – ANZ fixed home loan rates down again
13:13-27:08 – The rise of ‘boomerang’ kids, with Bernadette Lunas
27:08-34:09 – Lodge your tax return by 31 October! WithJenny Wong from CPA Australia
34:09-35:45 - Outro
This week, on our fortnightly property chat with Emma, we discussed the big news coming from Victoria this week. Yes, you might have heard that the state government is minimising stamp duty for those who buy an off-the-plan, strata-titled property.
Essentially, the construction costs will be minimised from the total value of the package. While this doesn't eliminate stamp duty entirely it could save a lot of cash.
Emma runs us through critics' and experts' opinions on the scheme, and answers a few of our questions.
Questions remain however on if this applies to say, freehold townhouses, which are common in Melbourne. If the government wants to densify Melbourne, then this might be a glaring omission.
This week on the podcast we had special guest Victor Idoko, the founder of financial planners CFV Services. He’s here to talk to us about the five steps needed to retire at age 50! Sounds pretty tough, but doable.
People with need to weigh up the benefits and sacrificesneeded to retire at that relatively young age. As they say 50 is the new 30.
As well as this, Victor has a new book out, detailing sevenways to grow wealth and enjoy life. As with most things, it’s as much about saving and spending, as it is about growing. It was a great podcast chat and hopefullyyou get something out of it.
As well as this we discuss the newly introduced super cap of $3m and what this means for those looking to retire.
00:00-00:30 - Intro
00:30-03:30 - The steps to retire at age 50
03:30-05:58 - Enjoying life before 50
05:58-07:31 - Avoiding lifestyle creep
07:31-09:28 - Salary sacrificing super
09:28-11:35 - The $3m super cap
11:35-13:38 - Book plug
13:38-15:23 - Outro
This week on the podcast we had special guest Victor Idoko, the founder of financial planners CFV Services. He’s here to talk to us about the five steps needed to retire at age 50! Sounds pretty tough, but doable.
People with need to weigh up the benefits and sacrificesneeded to retire at that relatively young age. As they say 50 is the new 30.
As well as this, Victor has a new book out, detailing sevenways to grow wealth and enjoy life. As with most things, it’s as much about saving and spending, as it is about growing.
It was a great podcast chat and hopefully you get something out of it.
Also, on our fortnightly property chat with Emma, we discussed the big news coming from Victoria this week. Yes, you might have heard that the state government is minimising stamp duty for those who buy an off-the-plan, strata-titled property.
Plus we discuss the latest savings tips, and what’s making the news.
00:00-01:55 – Intro
01:55-04:47 – Savings Tips: Use cashback apps, and cheap ice cream
04:47-08:14 – Central banks cutting rates, why isn’t the RBA doing the same?
08:14-11:04 – How to get 5.50% savings rate with Macquarie
11:04-14:42 – Bank outages galore, why people are withdrawing more cash
14:42-26:09 – How has Victoria changed stamp duty for off the plan builds?
26:09-40:53 – 5 steps to retire by 50, with Victor Idoko
40:53-42:16 – Outro
On this week’s podcast we had Brooke Cooper, the editor of YourMortgage.com.au to talk to us about refinancing and the ramifications on your credit score.
Hint: It counts as a hard enquiry on your report, but don't miss the forest for the trees.
Our special guest for this week was Moses Samaha, the executive GM at Equifax, to talk to us about spending in the lead up to Christmas and the risks of applying for and falling behind on repayments during this period. We threw a lot at him and he spoke about a few very interesting topics!
00:00-00:53 - Intro
00:53-02:04 - Christmas & Black Friday spending
02:04-04:26 - Account growth flat but spending up
04:26-05:54 - Credit card interest rates
05:54-07:18 - Credit card arrears
07:18-09:08 - Prioritisation of debt
09:08-10:48 - BNPL
10:48-12:25 - Credit card red flags
12:25-13:52 - Building up your credit score
13:52-15:03 - Outro
On this week’s podcast we had a credit score bonanza! First up we have Brooke Cooper, the editor of YourMortgage.com.au to talk to us about refinancing and the ramifications on your credit score.
Then, our special guest for this week was Moses Samaha, the executive GM at Equifax, to talk to us about spending in the lead up to Christmas and the risks of applying for and falling behind on repayments during this period.
Plus we discuss the latest news and savings tips.
00:00-01:26 – Intro
01:26-03:34 – Savings Tips: Avoid Card Surcharges & Change Mobile Plans
03:34-06:16 – Macquarie Bank boosts savings rate to 5%
06:16-09:33 - RBA and government to ban card surcharging
09:33-12:14 – October 31 tax return deadline is looming
12:14-19:03 – Refinancing and credit scores, with BrookeCooper
19:03-33:27 – Credit card spending, with Moses Samaha
33:27-34:50 – Outro
We have our fortnightly property industry roundup with Emma Duffy, the editor of Your Investment Property Magazine. The Queensland election is coming up, and what’s this talk about rent controls?
This week on the podcast, we got thinking about ourfinancial goals and whether we’re feeling confident to kick them, with our special guest Jenneke Mills, the head of technical services at MLC.
00:00-00:30 - Intro
00:30-03:53 - Mental block of pursuing goals
03:53-08:25 - Generational differences in financial priorities
08:25-12:04 - Rise of Bank of Mum and Dad
12:04-12:56 - Other financial barriers
12:56-13:54 - Outro
This week on the podcast, we got thinking about ourfinancial goals and whether we’re feeling confident to kick them, with our special guest Jenneke Mills, the head of technical services at MLC.
We also had our fortnightly property industry roundup with Emma Duffy, the editor of Your Investment Property Magazine. The Queensland election is coming up, and what’s this talk about rent controls?
Plus we discuss the latest news, and our savings tips.
00:00-01:30 – Intro
01:30-03:59 – Savings Tips, check before you tap, and sell your stuff
03:59-06:42 – ANZ cuts TD rates, joins major banking peers
06:42-09:45 – Household spending flat
09:45-12:40 – Rabobank cuts savings account rates
12:40-20:45 – Qld Election: Are rent controls possible? With Emma Duffy
20:45-33:55 – Generational financial goals, with MLC’sJenneke Mills
33:55-35:09 - Outro
Resident finance journalist Harry O'Sullivan is back from his overseas fact finding mission and is here to chat to us about the US mortgage market vs Australia Fixed-rate mortgages in America reign supreme, and can be locked in for up to 30 years. In contrast Aussies love variable (or floating rate) mortgages. Why is this, and could Australia ever move to be more like America in this regard? It's all to do with how the wholesale funding structures are setup, as well as culture and tastes around homebuying and home loans.
Look what’s in the political news cycle again! It’s negativegearing. Why is it controversial? What’s the beat up? This week on the pod we spoke to Suresh Raghavan, the acting CEO of LocalAgentFinder, to discuss this topic, and why it’s doing the rounds again.
00:00-00:50 - Intro
00:50-01:55 - What is negative gearing
01:55-02:55 - Effects if it's axed
02:55-04:33 - Why it's controversial
04:33-06:56 - How investors can navigate this
06:56-08:38 - Why would you negatively gear?
08:38-09:39 - Outro
Look what’s in the political news cycle again! It’s negativegearing. Why is it controversial? What’s the beat up? This week on the pod we spoke to Suresh Raghavan, the acting CEO of LocalAgentFinder, to discuss this topic, and why it’s doing the rounds again.
Plus we chat to resident finance journalist Harry O’Sullivanon 30-year fixed-rate mortgages. They’re popular in the United States, but could they come Down Under?
And we talk about the weekly savings tips, and cover thelatest news.
Apologies for the all-over-the-shop audio this week;technology, and different recording equipment and environments are not our friend.
00:00-01:16 – Intro
01:16-04:17 – Savings Tips of the Week – Credit Card Points and Supplements
04:17-06:54 – Property price performance in September,CoreLogic
06:54-10:22 – Inflation now 2.7%
10:22-13:30 – NT $50k first home buyers grant
13:30-21:45 – 30-year fixed-rate mortgages with Harry O’Sullivan
21:45-30:47 – What is negative gearing, with Suresh Raghavan
30:47-32:37 – Outro
In our fortnightly property wrap, we chatted to Emma Duffy, editor of Your Investment Property Magazine, to discuss if the love for regional property during Covid was just a flash in the pan or something more sustained.
On this week's pod we had Ben Nash, who is a financial adviser of more than a decade, and founder of Pivot Wealth. He's also written a new book called 'Virgin Millionaire: The Step-by-Step guide to your First Million and Beyond'. We discussed some common wealth building tropes and steps in Australia, and how to kickstart your goals.
00:00-00:28 - Intro
00:28-01:46 - Basics of the book
01:46-03:57 - What readers can expect
03:57-05:30 - 'Right moves, wrong time'
05:30-08:01 - Automating savings
08:01-11:19 - Just start
11:19-12:34 - How to find the book
12:34-13:31 - Outro
On this week's pod we had Ben Nash, who is a financialadviser of more than a decade, and founder of Pivot Wealth. He's also written a new book called 'Virgin Millionaire: The Step-by-Step guide to your FirstMillion and Beyond'. We discussed some common wealth building tropes and steps in Australia, and how to kickstart your goals.
Plus we chatted to Emma Duffy, editor of Your InvestmentProperty Magazine, to discuss if the love for regional property during Covid was just a flash in the pan or something more sustained.
And all the latest news, of course.
00:00-01:26 – Intro
01:26-03:22 – Savings Tips of the Week: Google Lens &7-11 Coffees
03:22-06:16 – RBA holds cash rate at 4.35%
06:16-08:55 – ACCC gets tough on Woolies & Coles’alleged misleading ‘sales’
08:55-12:23 – A 6% savings account, but what’s the catch?
12:23-22:10 – Regional price boom, with Emma Duffy
22:10-35:09 – The Virgin Millionaire, with Ben Nash
35:09-36:42 - Outro
This week we took a bit of a deeper dive into the changing credit card landscape with Savings.com.au senior finance journalist Denise Raward. We discussed spending is up, but debts are down on the plastic fantastic, which has led many providers to start changing monthly fees and strip back the perks on offer!
This week we had Kanishka Raja, ubank's chief product officer of lending, on to discuss ubank's latest survey findings, revealing young Aussies haven't given up their homeownership dreams despite barriers to entry. A couple ways ubank is facilitating this is through fast application approvals and no LMI payable on its 85% LVR product. Kanishka is a repeat guest, last featuring in Episode 12 in March 2023. A bit has changed since then!
00:00-00:47 - Intro
00:47-03:56 - The bank's latest survey results
03:56-06:18 - Why banks are cutting fixed rates
06:18-08:11 - ubank's 85% LVR/no LMI product
08:11-09:34 - Customers on the 85% LVR product
09:34-12:31 - ubank's fast mortgage approval process
12:31-13:09 - Outro
This week we had Kanishka Raja, ubank's chief product officer of lending, on to discuss ubank's latest survey findings, revealing young Aussies haven't given up their homeownership dreams despite barriers to entry. A couple ways ubank is facilitating this is through fast application approvals and no LMI payable on its 85% LVR product. Kanishka is a repeat guest, last featuring in Episode 12 in March 2023. A bit has changed since then!
Plus we chat to Savings.com.au senior finance journalist Denise Raward on the changing credit card market, and discuss all the latest news.
00:00-02:03 – Intro
02:03-03:47 – Savings Tips of the Week
03:47-07:07 – A mortgage rate below the 5% mark
07:07-09:58 – Home loan and term deposit market wrap
09:58-13:54 – NAB increases credit card rates and fees
13:54-24:45 – Changing credit card landscape with Denise Raward
24:45-37:25 – Kanishka Raja
37:25-38:59 – Outro
It's time for our fortnightly wrap with Emma Duffy, and she's here to discuss REIA's report that found housing affordability (including mortgage costs) is at its worst since records began. Granted, that was only in 1996... but still.
This week we spoke to Julie Blanchard, the head of online savings at Rabobank, to explain Rabo's distinct banking 'co-op' model in Australia, and how it exists to service farmers and their funding needs.
00:00-00:40 – Intro
00:40-02:13 – Rabo’s 5.75% p.a. savings account
02:13-04:05 – The agribusiness model explained
04:05-05:58 – Unique needs of farmers
05:58-07:55 – Saving on food wastage
07:55-09:43 – Any scope to hasten the application process
09:43-12:01 – Behaviours of savers
12:01-15:43 – ACCC’s Deposit Inquiry
15:43-16:54 - Outro
On episode 79 of the pod we were joined by Julie Blanchard, the head of online savings at Rabobank. Now Rabo is a bit of an interesting player in the banking landscape as it doesn't have retail loan products, and serves solely to provide loans to high quality agriculture borrowers. To do this it needs to attract customer deposits, and what better way to do that than to offer a juicy savings account rate of 5.75% p.a.
In addition to Julie we also spoke to Emma Duffy, the editor of Your Investment Property Magazine to discuss some new research showing that housing affordability is the lowest on record, but that investors aren't to blame. Blame the gubberment instead.
And we cover off the latest news, of course.
00:00-01:35 – Intro
01:35-04:13 – Savings Tips of the Week
04:13-06:24 – Australia records meagre GDP growth
06:24-09:20 – Investors piling into the lending market
09:20-11:53 – A third of first home buyers using government support
11:53-18:12 – Housing affordability lowest since recordsbegan, with Emma Duffy
18:12-34:38 – What Rabobank is all about, with JulieBlanchard
34:38-36:02 – Outro
Teens have one big advantage: Time. As Bernadette explains, while they may not have the capital, they have time. And as the old saying goes, it's all about Time IN the market, not timing the market.
Bern runs us through some tips for teens to invest, and how they can get started. They'll likely need a custodial account (i.e. parental support) first.
For more, visit InfoChoice to see the full guide on investing for teens.
This week we spoke to PropTrack senior economist Eleanor Creagh on the latest month of home price growth, the 20th consecutive month. We discussed what's driving this, if more confidence to sell could be a good thing for buyers, if there's any credibility to property doomsayers, and why Melbourne, Canberra and Hobart are the market laggards.
00:00-00:25 - Intro
00:25-01:53 - Explaining the continued price growth
01:53-05:21 - Spring selling season
05:21-08:40 - Listings volumes
08:40-11:05 - Melbourne focus
11:05-13:09 - RBA rate cut timeline
13:09-14:07 - Outro
This week we spoke to PropTrack senior economist Eleanor Creagh on the latest month of home price growth, the 20th consecutive month. We discussed what's driving this, if more confidence to sell could be a good thing for buyers, if there's any credibility to property doomsayers, and why Melbourne, Canberra and Hobart are the market laggards.
Plus we chat to InfoChoice journalist Bernadette Lunas on how teens can start their investment journey, and unpack the latest news.
00:00-01:38 – Intro
01:38-03:15 – Savings Tips of the Week
03:15-06:05 – ubank variable home loan rate cuts
06:05-08:54 – Inflation moderates further to 3.5%
08:54-11:42 – Retail trade down the gurgler
11:42-21:40 – How teens can start their investment journey
21:40-35:17 – Eleanor Creagh
35:17-36:35 - Outro
Some new Domain research found those selling their home for a profit stood to make $395k on the median. And most homes are selling for a profit, no matter what region or city you live, despite some cities performing worse than others. Here to break all that down is Emma Duffy, the editor at Your Investment Property Magazine. Which, by the way, there's a new edition coming out very soon so keep your eyes peeled.
This week we had on a friend of the podcast, Warren Hogan. He's the chief economic adviser at Judo Bank, and we chatted about the reasons behind the scenes that the likes of CBA and Westpac have been able to slash mortgage rates. Perhaps more interesting was CBA, which cut variable rates for new customers in a re-entry into the mortgage wars.
All this feeds into the next two months, and how governments and the RBA will react to economic data (read: inflation) coming out.
00:00-00:36 - Intro
00:36-03:56 - How CBA is cutting variable rates now
03:56-07:26 - How bond rates affect everything
07:26-09:44 - Battling the inflation fight
09:44-14:05 - How the RBA is being diplomatic about governments' spending problems
14:05-15:02 - Outro
This week we had on a friend of the podcast, Warren Hogan. He's the chief economic adviser at Judo Bank, and we chatted about the reasons behind the scenes that the likes of CBA and Westpac have been able to slash mortgage rates. Perhaps more interesting was CBA, which cut variable rates for new customers in a re-entry into the mortgage wars.
Plus we chat to Emma Duffy, editor at Your Investment Property Magazine about the homes making a profit, and we cover the latest news.
00:00-01:47 – Intro
01:47-04:05 – Savings Tips of the Week
04:05-06:24 – 2021 was the high point for property turnover, CoreLogic
06:24-09:42 – Home loan rate cuts from Westpac & CBA
09:42-12:17 – Term deposit rates on the slide… again
12:17-22:26 – Emma Duffy, profit making homes
22:26-36:59 – Warren Hogan
36:59-38:16 – Outro
This week we had Your Mortgage editor Brooker Cooper on the podcast to talk us through how to salary sacrifice your mortgage. The potential tax benefits are clear, however not all companies offer it and there's some things to be wary of first! As always, speak to a tax professional before doing this.
This week we spoke with Bendigo Bank chief economist David Robertson on where Australia is at right now with the economy. We're in 'stagflation' and with a lot of the developed world headed to some sort of election in the next 12 months, governments are throwing a lot of money around - working against central banks' inflation fight!
- 00:00-00:26: Intro
- 00:26-03:19: Australia in stagflation
- 03:19-06:26: When will the RBA change rates?
- 06:26-11:35: How governments are working against the inflation fight
- 11:35-14:40: Aussie Dollar & what's happening globally
- 14:40-15:26: Outro
This week we spoke with Bendigo Bank chief economist David Robertson on where Australia is at right now with the economy. We're in 'stagflation' and with a lot of the developed world headed to some sort of election in the next 12 months, governments are throwing a lot of money around - working against central banks' inflation fight!
Plus we spoke with Your Mortgage editor Brooke Cooper on how to salary sacrifice your mortgage, and if it's a good idea.
And the latest news and savings tips, of course.
00:00-01:54 – Intro
01:54-03:44 – Savings Tips of the Week
03:44-05:33 – TD cuts from ANZ, NAB, and CBA
05:33-09:55 – ANZ Plus ups savings account rate, introduces hoops
09:55-12:52 – Unemployment rate rises to 4.2%
12:52-23:26 – Brooke Cooper, salary sacrifice your mortgage
23:26-38:55 – David Robertson, Bendigo Bank chief economist
38:55-40:23 - Outro
This week we had on Emma Duffy for our fortnightly property roundup. Some Domain research shows this spring selling season could be in favour of homebuyers, with more choice. That's because listings increased in pretty much every capital city by a good margin over July. Guess which city was the strongest? Hot markets such as Adelaide and Perth also had a good listings uptick, indicating vendors are confident to sell.
On the rental side of the ledger, the market could be easing ever so slightly, with vacancy rates increasing a bit, and asking prices coming down. It still doesn't unwind the mania of the last two years but it's a start.
This week on the podcast we were joined by Glen James, co-author of new book 'The Quick Start Guide to Investing', and host of the Money Money Money Podcast. We discussed the difference between rich and wealthy, how strategy and 'building your house' is important in investing, and how his ADHD diagnosis served as a reminder to get the house in order when it comes to investing.
Glen's new book is available at most Big Ws and QBDs around Australia, and his podcast is available wherever you're listening to this!
00:00-00:36: Intro
00:36-02:58: Inspo for the book
02:58-04:58: Rich vs Wealthy
04:58-08:04: Building & sticking to your investment strategy
08:04-10:07: Keeping your investment 'house' in order
10:07-12:16: ADHD diagnosis and investing
12:16-13:38: Where to get the book & outro
This week on the podcast we were joined by Glen James,co-author of new book 'The Quick Start Guide to Investing', and host of the Money Money Money Podcast. We discussed the difference between rich and wealthy, how strategy and 'building your house' is important in investing, and how his ADHD diagnosis served as a reminder to get the house in order when it comes to investing.
Glen's new book is available at most Big Ws and QBDs around Australia, and his podcast is available wherever you're listening to this!
Plus we have the usual news and our fortnightly property roundup with Emma Duffy, the Editor of Your Investment Property Magazine.
00:00-01:36: Intro
01:36-03:23: Savings Tips of the Week
03:23-05:43: Wages grow 4.1%
05:43-08:36: Macquarie cuts fixed home loan rates
08:36-11:43: Westpac closes RAMS home loans
11:43-20:06: Emma Duffy, listings rise
20:06-33:03: Glen James, investing
33:03-34:32: Outro
With it being easier and easier to transfer money these days, it's very possible to get one digit wrong and send your money to the wrong account. Our resident finance journalist Harry O'Sullivan explains what to do in such a stressful scenario! Your recourse might be better than you think.
Earlier in the week, the Japanese Nikkei posted a loss of more than 12% - the worst drop since 1987, and one that plunged Japan into three decades of economic malaise, dubbed 'The Lost Generation'. It happened again on Monday, then staged a rally on Tuesday. The ASX and other share markets around the world experienced similar. And our little Aussie Battler AUD has taken a beating.
We also had an RBA monetary policy decision - a hold. Probably what Australia needs right now, a steady hand.
Here to talk us through all of this is Firstmac's CFO James Austin. Firstmac is Australia's largest non-bank lender with over $16b in loans under management. The company and James also have deep experience in Japanese funding markets.
In the interests of full disclosure, Savings.com.au is an associate of the Firstmac Group.
00:00-00:45: Intro
00:45-01:36: RBA Rate Cut Decision
01:36-02:44: Recession Fears
02:44-04:31: Japanese Nikkei & Yen
04:31-06:01: RBA Rate Cut Forecast
06:01-08:12: Car & Home Loan Delinquencies
08:12-11:04: APRA 3% Buffer
11:04-12:21: Refinancing Buffers
12:21-12:36: Outro
The RBA wouldn't normally take a backseat on its policy setting day, but recently, world financial news has had bigger fish to fry. Markets plunged, particularly in Japan, before staging a rally. Our AUD has taken a beating too. So we had James Austin, Firstmac CFO, on to make sense of it all.
Firstmac is the largest non-bank lender in Australia with over $16b in loans under management, and is an associate of Savings.com.au and the InfoChoice Group.
Plus we had resident finance journalist Harry O'Sullivan on to discuss what to do if you've transferred money to the wrong account. Oops!
00:00-01:42 – Intro
01:42-04:05 – Savings Tips of the Week
04:05-06:35 – RBA holds cash rate at 4.35%
06:35-10:55 – Big market drop, ‘Black Monday’ for Nikkei
10:55-14:43 – Up to 50% of the cost of a new home isgovernment tax!
14:43-22:03 – What to do if you transfer money to the wrong account
22:03-34:38 – James Austin
34:38-36:11 - Outro
In some big news from NSW this week, the government has announced it will ban no-grounds evictions. This is aimed at clamping down on investors who evict tenants only to re-list the property with higher rental asking prices.
We were joined on the pod this week by Emma Duffy, the editor of Your Investment Property Magazine, to discuss what it all means and if it has investors annoyed.
Plus we also chatted about Melbourne's auction clearance rate and investor exodus in that market.
This week on the podcast we had Isabelle Charter on, dialling in from France. We discussed her new investing app, Drip Invest, that allows kids and parents to start investing with as little as $5. We discuss her journey, who backed the new venture, and how hard it was navigating both a new country and language, and the complexities of Australia's finance landscape!
This week on the podcast we had Isabelle Charter on, dialling in from France. We discussed her new investing app, Drip Invest, that allows kids and parents to start investing with as little as $5. Parents can approve their kids' investments, block or approve entire investment classes, and have different buckets for different goals and risk profiles. As Isabelle told us, the best way to learn is through doing it.
Plus we chat to Emma Duffy, Your Investment Property Magazine editor, about the new tenancy laws in NSW, and the latest news of course.
00:00-01:40 – Intro
01:40-04:32 – Savings Tips of the Week
04:32-06:54 – 1-in-6 don’t have $1000 in savings
06:54-10:45 – APRA keeps 3% mortgage buffer
10:45-13:22 – Car repossessions spiking
13:22-25:10 – Changes to NSW evictions laws, with Emma Duffy
25:10-50:06 – Isabelle Charter, Drip invest
50:06-51:41 – Outro
This week we covered a very interesting topic, and a sensitive one. We spoke to Denise about her recent article covering the ins and outs of buying a repossessed or foreclosed home. The two terms are used interchangeably but a little different. We discussed why or why not you'd buy one, the pros and cons, and if it's 'ethical'.
Despite interest rates rising, saving up for a deposit amid runaway housing price growth remains the biggest hurdle for a lot of first home buyers. Not everyone can rely on the Bank of Mum and Dad, or on government deposit schemes.
This is where OwnHome steps in, funding the deposit requirements up to 20%. The end result is that it can be cheaper than paying higher interest rates and LMI on low-deposit home loans.
We spoke to James Bowe to find out what OwnHome is, the benefits and risks, and his take on the state of the housing market.
Great chat!
Despite interest rates rising, saving up for a deposit amid runaway housing price growth remains the biggest hurdle for a lot of first home buyers. Not everyone can rely on the Bank of Mum and Dad, or on government deposit schemes.
This is where OwnHome steps in, funding the deposit requirements up to 20%. The end result is that it can be cheaper than paying higher interest rates and LMI on low-deposit home loans.
We spoke to James Bowe to find out what OwnHome is, the benefits and risks, and his take on the state of the housing market. Great chat!
Plus we spoke to resident finance journalist Denise Raward on the tips and tricks, pros and cons, of buying homes in repossession or foreclosure.
And of course, all the latest news.
- 00:00-01:46 - Intro
- 01:46 - 04:01 - Savings Tips of the Week
- 04:01 - 06:27 - Unemployment rate up to 4.1%
- 06:27 - 09:35 - NAB cuts fixed home loan rates
- 09:35 - 13:00 - Super guarantee up to 11.5%
- 13:00 - 27:25 - Denise Raward, repossessed homes
- 27:25 - 46:52 - James Bowe, OwnHome CEO
- 46:52 - 48:24 - Outro
For our fortnightly property wrap Emma explained to us the reasons for Melbourne's flatlining price growth recently. There's a lot of reasons, and long story short, investors are selling up, and it's the only balanced supply:demand city in Australia!
This week we had a blockbuster episode, talking to @tashinvests, otherwise known as Natasha Etschmann about her new book, co-authored with another guest we've had, Ana Kresina (episode 43). It's called How to Not Work Forever, and is available now. We also discussed where she's at in her investment journey, which can be seen on her @tashinvests TikTok handle. Good chat!
This week we had a blockbuster episode, very travel-centric, but the highlight was talking to @tashinvests about her new book, co-authored with another guest we've had, Ana Kresina (episode 43). It's called How to Not Work Forever, and is available now. We also discussed where she's at in her investment journey, which can be seen on her @tashinvests TikTok handle. Good chat!
Plus we chatted about all the latest news and to Emma Duffy, editor of Your Investment Property Magazine, about Melbourne's stagnant property price growth.
00:00-01:29: Intro
01:29-04:17: Savings Tips of the Week
04:17-06:19: New TD rates from CBA and NAB
06:19-09:21: Big banks to refund fees to low-income customers
09:21-12:30: People losing nearly $100 on average to international transaction fees
12:30-22:31: Melbourne’s flatlining property market with Emma Duffy
22:31-40:56: Natasha Etschmann aka @tashinvests
40:56-42:21: Outro
Yes the tax cuts are here, and how else can we link them to Aussie property? By talking about borrowing power of course. Many people are better off by at least $2,000, and this could impact an average persons borrowing power by around $18,000. Here to explain that is Your Mortgage editor Brooke Cooper.
Chatter seems to have shifted to a potential RBA rate hike once again. Chances are it's August. So, we had Tiimely Home's head of retail Belinda Jackson on to discuss this topic, and what it could mean for the mortgage. We also discussed the advent of rentvesting - renting where you want to live, while owning a place elsewhere to get your foot on the property ladder.
Chatter seems to have shifted to a potential RBA rate hike once again. Chances are it's August. So, we had Tiimely Home's head of retail Belinda Jackson on to discuss this topic, and what it could mean for the mortgage. We also got a good understanding of the current play in the mortgage market in general. Good chat!
Plus we chatted to YourMortgage editor Brooke Cooper on what the tax cuts mean for borrowing power.
And the latest news... of course.
00:00-02:16: Intro
02:16-05:05: Savings Tips of the Week
05:05-07:58: New record home loan size
07:58-11:50: RBA rate hikes could be back on the agenda
11:50-13:51: Units driving increase in dwelling approvals
13:51-21:54: Brooke Cooper, how tax cuts impact borrowing power
21:54-33:40: Belinda Jackson
33:40-35:12: Outro
New month, new batch of home price data. This week Emma takes us through some of the new findings from CoreLogic - up up, and oh yeah, more up. Plus, what are the Greens saying about negative gearing this week?
And apologies for Harrison's audio this week; he wasn't in the big beat laboratory.
This week, we had ING's head of consumer and market insights, Matt Bowen, on to discuss the latest bit of research from the bank that indicates a lot of Aussies are getting their financial tips and tricks from video games! No mention on Grand Theft Auto though.
And apologies for Harrison's audio this week; he wasn't in the big beat laboratory.
This week, we had ING's head of consumer and market insights, Matt Bowen, on to discuss the latest bit of research from the bank that indicates a lot of Aussies are getting their financial tips and tricks from video games! No mention on Grand Theft Auto though.
Plus we chat to Emma Duffy, editor of Your Investment Property Magazine, about the latest property price data - and of course, all the latest news.
And apologies for Harrison's audio this week; he wasn't in the big beat laboratory.
- 00:00-01:24: Intro
- 01:24-04:22: Savings Tips of the Week
- 04:22-06:52: Tasmania FHBs pay no stamp duty up to $750k
- 06:52-09:31: Cashback offers still out there
- 09:31-12:22: No RBA rate cut til May '25 - NAB
- 12:22-21:47: Property price wrap with Emma Duffy
- 21:47-27:55: Matt Bowen, ING, gamers rise up
- 27:55-29:42: Outro
This week we had our resident finance journo Bern on to discuss the latest forecasts that peg Brisbane and Adelaide to be the next million-dollar cities, as far as median property values are concerned. They'll go mightily close next financial year, and earn more than the average full time worker does! Bananas
This week we spoke to Allan Mason, the former accoutant of media mogul and industry titan Kerry Packer. To paraphrase Kerry, he famously told parliament one day, "Anyone who doesn't try to minimise their tax should have their head read".
And there's a lot of taxes in Australia, so Allan showed us how to minimise your tax burden, whether you earn $50,000 or $50 million. The best secrets are in his book, Tax Secrets of the Rich, however - now updated for 2024.
This week we spoke to Allan Mason, the former accoutant of media mogul and industry titan Kerry Packer. To paraphrase Kerry, he famously told parliament one day, "Anyone who doesn't try to minimise their tax should have their head read".
And there's a lot of taxes in Australia, so Allan showed us how to minimise your tax burden, whether you earn $50,000 or $50 million. The best secrets are in his book, Tax Secrets of the Rich, however - now updated for 2024.
Plus we chat to resident finance journo Bernadette Lunas on the latest property price forecast. And of course, all the latest news.
- 00:00-01:24: Intro
- 01:24-03:40: Savings Tips of the Week
- 03:40-05:30: WA $400 energy bill relief
- 05:30-09:02: UBank boosts savings rate to 5.50% p.a.
- 09:02-11:45: Bankwest dumps travel insurance on popular credit card
- 11:45-20:21: House price forecasts with Bern
- 20:21:37:03: Allan Mason, Tax Secrets of the Rich
- 37:03-38:53: Outro
This week Emma gave us a run down on the latest land tax changes in NSW, unveiled in the state's budget. Basically, the threshold is raised, but rates frozen i.e. not indexed to inflation. This has investment property pundits PO'd! As you can imagine.
This week on the podcast we were joined by H&R Block's Mark Chapman. Yes that's right, tax time is fast approaching again so we got our tax friend Mark on the show to talk about all manner of things related to tax returns and refunds. Last time he was on the show was this time in 2023, way back in episode 22.
We find out who's on the ATO's hitlist, what's a better deduction method, what to claim ... and yes, what an OF model can claim at tax time. That particular question starts at 15:31.
This week on the podcast we were joined by H&R Block's Mark Chapman. Yes that's right, tax time is fast approaching again so we got our tax friend Mark on the show to talk about all manner of things related to tax returns and refunds. Last time he was on the show was this time in 2023, way back in episode 22.
We find out who's on the ATO's hitlist, what's a better deduction method, what to claim ... and yes, what an OF model can claim at tax time. That particular question starts at about the 36 minute mark.
Plus we have Emma Duffy, the editor of Your Investment Property Magazine, on the pod to discuss the changes to land tax in NSW and why it has property investors rankled.
And of course, all the latest news.
00:00-01:37: Intro
01:37-04:16: Savings Tips of the Week
04:16-07:00: RBA holds cash rate at 4.35%
07:00-09:46: Term deposit rates breach 5.40% p.a.
09:46-12:33: Offset accounts reach $271 billion
12:33-20:35: Emma Duffy on land tax in NSW
20:35-41:02: Tax time tips with Mark Chapman
41:02-42:21: Outro
This week on the pod we had resident finance journalist Harry O'Sullivan on to discuss the lucky borrowers who fixed their mortgage during Covid and how much they could have saved. Hint: It was potentially a lot!
This week on the pod we had Paul Stocker, the head of advice at Equip Super, to discuss some of the fund's recent survey findings, most alarming of which was that many are putting off their retirement in this current cost of living crunch.
This week on the pod we had Paul Stocker, the head of advice at Equip Super, to discuss some of the fund's recent survey findings, most alarming of which was that many are putting off their retirement in this current cost of living crunch.
Plus we had resident finance journalist Harry O'Sullivan on to discuss the lucky borrowers who fixed their mortgage during Covid and how much they could have saved, plus all the latest news.
00:00-01:51: Intro
01:51-03:15: Savings Tips of the Week
03:15-06:24: Queensland stamp duty threshold raised
06:24-09:40: Major twist for SA stamp duty
09:40-11:13: Per-capita recession rages on
11:13-23:08: The lucky ones who fixed
23:08-33:20: Paul Stocker, Equip Super
33:20-34:37: Outro
This week, Emma Duffy - the editor at Your Investment Property Magazine - ran us through some of CoreLogic's latest property price figures. Another month, another spate of price rises - the 16th month in a row, in fact. But what was interesting is that Brisbane is now more expensive than Canberra, and the second-most expensive market in Australia behind Sydney.
This week on the pod, we had Huw Bough, the chief retail banking officer from Bank of Sydney on to discuss term deposits! Once the ugly duckling in the savings realm, they've experienced a bit of a renaissance lately. Now many banks offer rates above 5% per annum, and we asked Huw a range of questions as to the attractiveness of TDs at the moment.
This week Haz and Dom chatted to Huw Bough, the chief retail banking officer at Bank of Sydney, to discuss how term deposits rose from the ashes to experience a bit of limelight. Bank of Sydney's sharp rates and deposit book growth are cases in point.
Plus we chat to Emma Duffy for the fortnightly round up in property, and the latest news!
- 00:00-03:41: Intro & savings tips
- 03:41-07:29: UBank changes savings requirements
- 07:29-10:44: Inflation creeping up again
- 10:44-14:10: Minimum wage rises
- 14:10-22:27: Property market wrap with Emma Duffy
- 22:27-35:31: Term deposits with Huw Bough
- 35:31-37:04: Outro
This week our resident finance journalist Brooke Cooper talked us through the rise of 'nestvesting'. Essentially it means living at home with your parents while investing in property. We discuss the benefits and drawbacks - don't be Dale Doback!
This week on the pod Dom and Haz were joined by Jessica Power, the head of wealth and personal banking at HSBC to discuss common tax time scams and how to spot one. Don't click that link!
This week on the pod Dom and Haz were joined by Jessica Power, the head of wealth and personal banking at HSBC to discuss common tax time scams and how to spot one. Don't click that link!
Plus we chat to our resident finance journalist Brooke Cooper on the advent of 'nestvesting' - living at home with your parents while investing in property.
And all the latest news!
00:00-01:23 - Intro
01:23-03:53 - 50c fares in Queensland
03:53 - 06:37 - $10,000 CBA-backed Coposit scheme
06:37 - 09:37 - Retail trade soft
09:37 - 19:21 - Nestvesting with Brooke Cooper
19:21 - 26:37 - Tax time scams with Jessica Power
26:37 - 28:04 - Outro
There have been calls by some property pundits in Queensland that the land tax threshold should be raised to $1.8 million! We don't really know where that figure was plucked from, but we chatted to Emma Duffy, the editor at Your Investment Property Magazine, to discuss all of this and why state governments love the crack cocaine stamp duty/land taxes!
This week, we had Rebecca back on the podcast again! Last time we spoke was in November 2022 - a while ago now. A lot has happened, including the growing tides of affordability constraints. We discussed how homebuyers are getting around that, including buying with family, and giving up the backyard.
This week, we had Rebecca back on the podcast again! Last time we spoke was in November 2022 - a while ago now. A lot has happened, including the growing tides of affordability constraints. We discussed how homebuyers are getting around that, including buying with family, and giving up the backyard.
Plus we're joined by Emma Duffy from Your Investment Property Magazine to discuss the latest drama around land tax in Queensland.
Plus all the latest news:
- 00:00-01:53: Intro
- 01:53-04:09: Wages growth hits 4.1%
- 04:09-07:17: ASIC's warning shot to lenders
- 07:17-10:34: Unemployment hits 4.1%
- 10:34-21:18: Land tax drama with Emma Duffy
- 21:18-38:24: Rebecca Jarrett-Dalton from Two Red Shoes
- 38:24-39:43: Outro
Our very own Harrison Astbury was in the thick of it all in Canberra attending the budget lockup in Parliament House. He joins Dom and Emma to give his take on the budget and the whole six hour lockup experience.
AMP Chief Economist Shane Oliver joined Dom and Emma to unpack the 2024/25 Federal Budget, what it means for inflation and interest rates.
It’s the big budget episode! This week we were joined by AMP Chief Economist Shane Oliver to unpack the Federal Budget and what it means for inflation and interest rates.
Plus, our very own Harrison Astbury was in the thick of it all in Canberra attending the budget lockup in Parliament House. He joins us to give his take on the budget and the whole lockup experience.
This week we were joined by GSB's state manager Joel Cooney on the bank's latest survey findings, not least of which was 96% of millennials expressing some form of regret over their past financial habits!
This week Emma gave us a rundown on the latest grim results for renters - this time some findings from Suburbtrends. We discuss how this feeds into the investment narrative and how younger generations are turning to 'rentvesting' to get their foot on the property ladder.
This week we were joined by GSB's state manager Joel Cooney on the bank's latest survey findings, not least of which was 96% of millennials expressing some form of regret over their past financial habits.
Plus we have Emma Duffy from Your Investment Property Magazine to give us the latest buzz on what's happening in the property sector.
00:00 - 01:58 - Intro
01:58 - 04:38 - RBA holds at 4.35%
04:38 - 10:22 - HECS HELP change in the way it's indexed
10:22 - 18:57 - Emma Duffy
18:57 - 32:51 - Joel Cooney from Great Southern Bank
32:51 - 34:04 - Outro
This week on the pod we were joined by Denise Raward, senior finance journalist at Savings.com.au. We discussed the so called mortgage cliff, where the last two years of fixed-rates rolling off were set to cause financial catastrophe! That... err... didn't really happen. But why? Find out.
Warren Hogan, chief economic advisor at Judo Bank, has stirred up a few headlines recently calling for the RBA to hike three more times to really wrestle with the inflation beast. He said 4.35% is not enough, and the Board needs to go to 5.10% or thereabouts. We gave him some run time - away from sensationalist headlines - to explain this analysis and thought process, and why the mortgage belt might have to grit their teeth a bit longer.
Plus we speak with Denise Raward on the so called mortgage-cliff, as well as all the latest news.
00:00 - 02:58 - Intro
02:58 - 06:30 - Inflation higher than expected, bad news for HECS-HELP debts
06:30 - 10:30 - Macquarie Bank's home loan rate cuts
10:30 - 12:55 - AMP's term deposit rate hikes
12:55 - 25:41 - The mortgage cliff with Denise Raward
25:41 - 41:19 - A 5.1% cash rate with Warren Hogan
41:19 - 43:31 - Outro
Warren Hogan, chief economic advisor at Judo Bank, has stirred up a few headlines recently calling for the RBA to hike three more times to really wrestle with the inflation beast. He said 4.35% is not enough, and the Board needs to go to 5.10% or thereabouts. We gave him some run time - away from sensationalist headlines - to explain this analysis and thought process, and why the mortgage belt might have to grit their teeth a bit longer.
This week our special guest was Matt Bowen, the head ofconsumer & market insights at ING. We chatted about some new research from the bank, which revealed a large swathe of Aussies would team up with a friend to kick their home buying goals. We discuss if it's a good idea, or not!
Plus we chat with Emma Duffy from Your Investment Property Magazine on the latest news in the Aussie property sector.
00:00 – 01:18 – Intro
01:18 – 05:27 – Inflation preview
05:27 – 07:23 – $250 Tasmanian energy bill rebate
07:23 – 16:10 – Emma's property wrap
16:10 – 26:54 – Matt Bowen, ING
26:54 – 28:30 – Outro
In our fortnightly property wrap with Emma Duffy, we discussed the more affordable areas to buy in the capital cities, and which areas are still cheaper to buy than rent. For more in-depth analysis you can visit yourinvestmentpropertymag.com.au
This week our special guest was Matt Bowen, the head of consumer & market insights at ING. We chatted about some new research from the bank, which revealed a large swathe of Aussies would team up with a friend to kick their home buying goals. We discuss if it's a good idea, or not!
This week we sat down with Vince Scully from Life Sherpa to discuss the incoming indexation D-day (1 June) for those with tertiary education debts, if it makes sense to pay them off, and if there should be another way that tertiary education is tackled in Australia.Plus we chat with InfoChoice's Bernadette Lunas on the record ongoing rental price growth, and the latest news.
00:00 - 02:26: Intro
02:26 - 05:44: NAB cuts home loan rates
05:44 - 09:43: $4000 solar home rebates in Qld
09:43 - 12:27: New market leader in the term deposit space
12:27 - 19:06: Record rent prices with Bernadette Lunas
19:06 - 38:33: Should you pay off your HECS? With Vince Scully
38:33 - 39:53: Outro
This week, for the very first time, we're joined by InfoChoice financial journalist Bernadette Lunas. We discussed the latest data from Domain that showed some cities hit record high rents this past quarter, while there's been a change in the pecking order of most expensive cities. Is there going to be any reprieve soon?
This week we sat down with Vince Scully from Life Sherpa to discuss the incoming indexation D-day (1 June) for those with tertiary education debts, if it makes sense to pay them off, and if there should be another way that tertiary education is tackled in Australia.
This week we spoke to Tom Devitt, senior economist at the Housing Industry Association. We discussed the housing supply and construction woes afflicting the nation at the moment, what led us here, and what's getting us out.
We also unpacked some long-term property forecasts and if they are sustainable with Emma Duffy, editor of Your Investment Property Magazine.
00:00 - 01:48 - Intro
01:48 - 04:16 - Unloan now offering new home loans
04:16 - 10:19 - The latest home loan & term deposit rate moves
10:19 - 12:26 - NSW Government toll road rebates
12:16 - 20:39 - Emma Duffy
20:39 - 34:43 - Tom Devitt
34:43 - 36:51 - Outro
Some recent research from Oxford Economics found Sydney's median house price could surpass $2m in the next few years, while other cities could be well north of $1m. Here to unpack that and if it's sustainable is Emma Duffy, editor of Your Investment Property Magazine.
Perth is also Australia's property darling at the moment, but as Emma explains, investors should tread with caution before putting all their eggs in one basket.
This week we spoke to Tom Devitt, senior economist at the Housing Industry Association. We discussed the housing supply and construction woes afflicting the nation at the moment, what led us here, and what's getting us out.
This week on the pod we spoke with Justin Dowd from Australian Family Lawyers on the huge $350 billion wealth transfer (NAB figures) that's set to happen over the next couple decades. Baby Boomers are set to pass on their inheritances to their offspring, so Justin talked us through the importance of getting this right, as well as if this is fair and what this means for the Australian economy.
Plus we speak with Harry O'Sullivan about kids' savings accounts and junior banking, and we also cover off the most important news from the past week.
00:00 - 01:52 - Intro
01:52 - 06:16 - Home values hit new record high
06:16 - 10:10 - Some banks cut savings account rates
10:10 - 13:20 - Inflation below expectations but stubborn
13:20 - 23:19 - Kids' savings accounts with Harry
23:19 - 38:51 - Inheritance, with Justin Dowd
38:51 - 40:27 - Outro
With high interest rates and low deposit criteria, kids have a lot to choose from in the under-18s savings account space. However, parents should be wary not to use it for their own benefit! We spoke to resident finance journo Harry O'Sullivan about some hot products in the market and the ins and outs of junior banking.
This week on the pod we spoke with Justin Dowd from Australian Family Lawyers on the huge $350 billion wealth transfer (NAB figures) that's set to happen over the next couple decades. Baby Boomers are set to pass on their inheritances to their offspring, so Justin talked us through the importance of getting this right, as well as if this is fair and what this means for the Australian economy.
This week Haz and Dom sat down with Ben Zyl, the CEO of payments platform Waave. The brand released some new findings showing the majority of Australians are concerned about a cashless society and its effects on more marginal demographics in society.
Plus we chat to Emma Duffy from Your Investment Property Magazine to talk about immigration's effect on the rental and housing markets.
And of course all the latest news.
00:00 - 01:25 - Intro
01:25 - 04:02 - BOQ boosts savings rate to 5.50% p.a.
04:02 - 08:42 - Strong jobs figures quashing calls for an early RBA rate cut
08:42 - 11:53 - New rental bond subscription service Bondable
11:53 - 18:13 - Emma Duffy
18:13 - 26:40 - Ben Zyl
26:40 - 28:59 - Outro
This week we sat down with Ben Zyl, the CEO of payments platform Waave. The brand released some new findings showing the majority of Australians are concerned about a cashless society and its effects on more marginal demographics in society.
This week we sat down with friend of the pod Emma to discuss how 548,000 arrivals in the 12 months to September 2023 is affecting the property and rental markets, sending vacancy rates to record lows, and property prices to record highs. But it's not all about new arrivals - a lot of this was seeded during the pandemic!
This week Dom and Haz spoke with Peter Munckton, fresh after the March RBA decision to hold the cash rate, on what's going on at the central bank and why the 'last mile' inflation fight isn't over.
Plus we spoke with resident finance journalist Brooke Cooper on one glaring issue with the government's help to buy scheme, plus all the latest news.
00:00 – 02:12 – Intro
02:12 – 05:07 – WA $250 handout
05:07 - 11:05 - New report on mortgage struggles
11:05 – 14:05 - Cheaper homes increasing In value fastest, Perth leading the way
14:05 – 24:07 - Brooke Cooper on Help to Buy
24:07 – 37:56 – Peter Munckton BOQ
37:56 – 39:15 – Outro
Unsurprisingly, the RBA in March elected to keep the cash rate on hold. Here to discuss the ins and outs and the whys and hows is Peter Munckton, the chief economist at Bank of Queensland. Good chat!
The government's Help to Buy scheme, which provides up to 40% of the home's value for first home buyers, looks like a clear winner. However - on top of philosophical debates about government intervention - there's one glaring issue our finance journalist Brooke Cooper has pointed out: income caps. They have the potential of keeping you in a low income trap, otherwise the government could withdraw its support because you got a pay rise!
This week, with Haz back in the hotseat with Dom, we were joined by Anthony to talk about the latest developments in the life insurance space, including some of NobleOak's latest survey findings. The insurer found some interesting trend changes since Covid!
Plus we were joined by Emma Duffy, who you all know by now, to discuss the latest movements in the property investment sector.
And all the latest titillating news.
00:00 – 02:38: Intro
02:38 – 06:05: Bankwest closing all branches
06:05 – 11:02: Some milquetoast GDP figures
11:02 – 13:44: Tariffs on certain imports cut
13:44 – 19:49: Investor lending up, with Emma Duffy
19:49 – 29:34: New life insurance findings, with Anthony Brown
29:34 – 31:38: Outro
This week Emma ran us through some ABS figures that indicated investors could be coming back into the market, or at least taking out more home loans. This goes against the grain of rental reforms and taxes supposedly scaring them off.
This week, with Haz back in the hotseat with Dom, we were joined by Anthony to talk about the latest developments in the life insurance space, including some of NobleOak's latest survey findings. The insurer found some interest trend changes since Covid!
Mortgage broker and finance educator Max Phelps joins Dom and Em to chat about his recently published book - Spending Fast and Slow. If you've ever wondered how all your hard-earned money seems to disappear so quickly, this episode is for you.
Savings journalist Denise Raward joins Dom and Em for part two of their discussion on the rental crisis after new figures revealed the national rental vacancy hit another new low of 0.7%.
This week, Dom and Em spoke with Max Phelps, who dives deep into the strategies he outlines in his book "Spending Fast and Slow", including how to overcome spending challenges and build better financial habits.
Next, we're joined by Savings journalist Denise Raward for part two of our discussion of the rental crisis after new figures revealed vacancy figures have hit another depressing new low.
Plus, all the latest finance and property news.
Aussies are getting squeezed out of rentals! Sky-high prices and almost no vacancies are creating a full-blown housing crisis. Louis Christopher, owner and managing director of SQM Research discusses what's fueling this rental nightmare – and the potential solutions.
Singles are out in the cold in today's rental market, with a new report showing you need a dual income just to afford the rent these days - let alone to buy a house.
Thousands of Aussies are struggling to find affordable and secure housing, as skyrocketing rents and tight vacancy rates create a nationwide crisis. With Haz in Japan, Editor of Your Investment Property MagazineEmma Duffy joins Dom to unpack what's behind the rent crisis and what could be done to solve it with Louis Christopher, owner and managing director of SQM Research.
Plus, Em highlights the increasing need for dual incomes to afford rent nowadays (time to get back on the dating apps!), how regional property prices are outperforming capital cities, plus all the latest news.
We don't usually do share trading or wealth content, but this week on our fiftieth episode, Dom and Haz were joined by Jessica Leung to discuss what ETFs (exchange traded funds) are, and how they can form part of an interesting concept called the 'core-satellite' investment strategy.
Plus, we chat to Harry O'Sullivan about Coles and Woolies, and grocery prices more broadly, plus all the latest news.
- 00:00 - 01:50 - Intro
- 01:50 - 04:26 - ANZ approved to takeover Suncorp Bank
- 04:26 - 08:05 - House vs unit price gulf wider than ever
- 08:05 - 11:00 - Subi, new annual leave cash-in fintech app
- 11:00 - 21:46 - Harry's Grocery Price Index
- 21:46 - 33:13 - Jessica Leung on ETFs
- 33:13 - 35:45 - Outro
Past performance is not an indicator of future performance. The content in this podcast should not be considered financial advice and all discussions are general in nature. Consult product and ETF platforms' target market determinations (TMD) and product disclosure statements (PDS), and consult a financial adviser, before embarking on your investment journey.
This week Dom and Haz were joined by Jessica Leung from Global X ETFs to discuss what 'exchange traded funds' are exactly, how they fit into a share portfolio, and how to construct a 'core-satellite' investment strategy. 2024 is shaping up to be a year to watch for share traders!
This week on the podcast we had our friend and colleague Harry O'Sullivan on to discuss grocery prices. Over the past few months he's been tracking them and building Savings.com.au's Grocery Price Index. We also discussed the big two's profit margins versus the UK's supermarket chains, and about competition more broadly in Australia. It's a timely discussion...
This week Dom and Haz spoke to Corinne Ng, the Vice President and General Manager of Travel & Lifestyle Services at AMEX. She explained some recent research that found Aussies are prioritising wellness, health and sport experiences in 2024. Plus we spoke with podcast friend Emma Duffy, editor of Your Investment Property Magazine, to discuss the latest policy changes afoot in federal parliament. Yes, the debate on negative gearing is rearing its head again.
Plus all the latest news.
- 00:00 - 01:17 - Intro
- 01:17 - 04:01 - Melbourne property price stagnation
- 04:01 - 08:24 - First home buyers benefitting from raised stamp duty threshold in NSW
- 08:24 - 11:31 - TikTok influencers providing dud financial advice
- 11:31 - 20:34 - Emma Duffy
- 20:34 - 33:58 - Corinne Ng
- 33:58 - 35:10 - Outro
This week Dom and Haz spoke to Corinne Ng, the Vice President and General Manager of Travel & Lifestyle Services at AMEX. She explained some recent research that found Aussies are prioritising wellness, health and sport experiences in 2024.
The headlines are pointing to some browbeating from the Greens, suggesting that negative gearing be limited to one property and for new builds. It's a contentious topic that seems to rear its head every few years, and Emma is here to take us through it!
This week Dom and Haz spoke with Adam Trouncer, from Sucasa - a new mortgage lender. We spoke about how the lender is able to offer home loans up to 95% LVR without having to pay LMI, as well as what the name is about - 'Your House' - and launching a business in a challenging funding environment.
We also spoke with our finance journalist Brooke Cooper about if young people pay too much income tax - an interesting and newsworthy topic!
Plus all the latest news.
- 00:00 - 01:40 - Intro
- 01:40 - 04:59 - RBA holds cash rate at 4.35%
- 04:59 - 09:54 - TD and home loan rates coming down
- 09:54 - 15:13 - Rent reforms in Queensland
- 15:13 - 26:24 - Brooke Cooper on tax reform
- 26:24 - 39:07 - Adam Trouncer on Sucasa
- 39:07 - 43:24 - Debrief and outro
This week we spoke with Savings.com.au finance journalist Brooke Cooper on a topic she's covered recently - income tax, and if young people are paying too much of it. It's not just the income tax that matters, but deductions and the ability to grow wealth. In light of the stage 3 tax cuts amendment, it's high time we take a serious look at income tax in this country.
This week we spoke to Adam Trouncer, the founder of new mortgage lender on the block, Sucasa. Spanish for 'your home' Sucasa has a few interesting features that make it stand out, including a 'no LMI' offer. So if you want to be like Ken and step into your first Mojo Dojo Casa House, it's worthwhile comparing your lending options. Bien!
Welcome to season 3, and 2024! To kick off our new podcast season and year, Dom and Haz were joined by financial services veteran Vince Scully to discuss the financial themes of 2024, and how to prepare for them.
This includes: Good debts vs bad debts, HECS/HELP repayments, fixed vs variable home lending, and yes, tax cuts.It was a longer one, so sit back and enjoy the chill vibes of this one. Maybe put on some jazz and have a wine?
Plus we were joined by Emma Duffy from Your Investment Property Magazine to discuss property and rent forecasts for the year, and we also discussed the two major news items dominating the personal finance space.
- 00:00 - 03:03 - Intro and welcome to season 3
- 03:03 - 10:25 - What the income tax cuts mean for you
- 10:25 - 15:26 - Interest rate changes in term deposits & home loans
- 15:26 - 23:03 - Emma Duffy property roundup
- 23:03 - 53:36 - Vince Scully from Life Sherpa
Fresh from a mammoth overseas trip, Emma Duffy from Your Investment Property Magazine joined us to discuss what's in store for the property market in 2024. Long story short: More price rises, albeit at a slower pace, and continued clouds on the horizon for renters.
In our first guest interview of 2024, Dom and Haz spoke with Vince Scully on the emerging themes of 2024 and how to financially prepare for them. It was a longer chat, so sit back and relax, and enjoy the chill vibes of this one.
Wow, 2024 is upon us! Dom and I will likely have very different holiday breaks - how about you?
Thank you to our sponsors Savings.com.au and InfoChoice.
Find Savings.com.au on Facebook, Instagram, Twitter, and TikTok. Or email enquiries@savings.com.au with your thoughts, feedback, and musings.
In the last guest appearance of 2023, the Tip Jar boys spoke to Anthony Caneva, the general manager of member engagement and wellbeing at Insignia Financial about money mindsets.
We discussed the philosophies behind changing your money mindsets, and practical tips on how to get there so you can budget better, fight impulse purchases, and more.
These included:
-
Kakeibo Japanese money management philosophy
-
Prioritise happiness and experiences over goods
-
Urge surfing - ride the impulse wave man!
-
Daily or weekly budgeting goals/calendar
-
Visualise your goals
-
Count your blessings
Especially relevant in the lead up to Christmas!We also discuss the latest news, including if the latest foreign investment tax proposal will be the silver bullet for solving the housing crisis with our finance journalist Brooke Cooper.
00:00 - 01:44 - Intro
01:44 - 04:14 - Aus Unity's savings account switcharoo
04:14 - 09:17 - GDP results in, per capita recession confirmed
09:17 - 17:42 - Foreign investment taxes, with Brooke Cooper
17:42 - 30:38 - Changing money mindsets, with Anthony Caneva
30:38 - 33:40 - Outro and goodbye 2023
In recent days the government announced it intends to increase fees for property investors, including drastically jacking up the vacant property tax. At the same time the government will also reduce taxes for foreign investors using build-to-rent schemes. But is this the silver bullet? The jury is out and critics are cynical. Joining us to discuss is Savings.com.au finance journalist Brooke Cooper.
In the last guest appearance of 2023, the Tip Jar boys spoke to Anthony Caneva from Insignia Financial about money mindsets. We discussed the philosophies behind changing your money mindsets, and practical tips on how to get there so you can budget better, fight impulse purchases, and more. Especially relevant in the lead up to Christmas!
As the ladder is drawn up on the Apache helicopter that was 2023, Haz and Dom spoke to Dr Nicola Powell from Domain about home price forecasts. They've come through thick andfast from different directions, and Nicola was kind enough to not only outline the key figures but the reasons as to why.
Think, listings, immigration, tax and government policies, supply, and a belief we're at the top of the interest rate cycle as reasons for sustained growth in 2024.
Plus we have Harry O’Sullivan joining us to discuss buildingapprovals, which are up recently but still at 10 year lows. We’ll discuss how this feeds into the government’s goal of 1.2 million homes built in the next five years, and if this even outpaces immigration.
- 00:00 - 01:23 - Intro
- 01:23 - 02:44 - RBA holds at 4.35%
- 02:44 - 05:14 - Property prices reach record high, CoreLogic
- 05:14 - 06:28 - MOVE Bank has a 5.70% p.a. savings account
- 06:28 - 12:51 - Home building stats, with Harry O'Sullivan
- 12:51 - 27:28 - Dr Nicola Powell from Domain
- 27:28 - 29:16 - Outro
We have Harry O’Sullivan joining us to discuss buildingapprovals, which are up recently but still at 10 year lows. We’ll discuss how this feeds into the government’s goal of 1.2 million homes built in the next five years, and if this even outpaces immigration.
As the ladder is drawn up on the Apache helicopter that was 2023, Haz and Dom spoke to Dr Nicola Powell from Domain about home price forecasts. They've come through thick and fast from different directions, and Nicola was kind enough to not only outline the key figures but the reasons as to why.
Think, listings, immigration, tax and government policies, supply, and a belief we're at the top of the interest rate cycle as reasons for sustained growth in 2024.
This week Dom and Haz were joined by Kevin James from Equifax to talk about how more Aussies are using credit cards and personal loans to smooth over the cost of living crunch, while also falling behind on their mortgage. Some sobering stuff, but there's solutions to the problem - consumers need to get on the front foot!
Plus we chat to Brooke Cooper, Savings.com.au finance journalist, on the nuance behind the headline: This week, the so called 300k income needed for 'housing affordability'.
All that and the latest news
- 00:00 - 01:43 - Intro
- 01:43 - 04:09 - Australian Unity 5.50% highest unconditional savings rate in market
- 04:09 - 06:38 - Suburbs where it's cheaper to buy than rent
- 06:38 - 10:17 - NAB grandfathering Citi products
- 10:17 - 20:10 - Brooke Cooper
- 20:10 - 29:58 - Kevin James
- 29:58 - 31:20 - Outro
There was a report released the other day about how Aussies need to earn $300k on average for our housing market to be considered 'affordable'. How on earth did the research arrive at this figure? Well, let Brooke take us through it.
These week Dom and Haz were joined by Kevin James from Equifax to talk about how more Aussies are using credit cards and personal loans to smooth over the cost of living crunch, while also falling behind on their mortgage. Some sobering stuff, but there's solutions to the problem - consumers need to get on the front foot!
In this week's guest interview, a little pertinent advice and tips for Dom, as Ana Kresina discusses her new book. Yes, kids ain't cheap, but there's more to it than that! Ana is also host of the podcast Get Rich Slow Club.
We also chatted to our friend of the pod Harry O'Sullivan on what's happening in Queensland with its doubled first home owner grant - now $30k. Not everyone's happy!
Plus all the latest news!
- 00:00 - 01:37 - Intro
- 01:37 - 04:13 - Unemployment ticks up slightly, wages growth hits 4%
- 04:13 - 05:45 - 5.75% p.a. from Rabobank the highest savings account rate in the market
- 05:45 - 07:43 - ACT increases stamp duty threshold on some properties
- 07:43 - 13:50 - QLD FHOG doubled, with Harry
- 13:50 - 24:23 - Kids Ain't Cheap with Ana Kresina
- 24:23 - 25:21 - Outro
In a major piece of news coming from the Sunshine State this week, the Queensland Government announced it would DOUBLE the first home owner grant (FHOG) to $30,000. This is for new builds/off the plan, rather than established homes. However not everyone's happy, as Harry will discuss.
In this week's guest interview, a little pertinent advice and tips for Dom, as Ana Kresina discusses her new book. Yes, kids ain't cheap, but there's more to it than that!
While Dom is away, Haz, Em, and Brooke will play. After discussing the news, we have a special 'Brooke-Squared' super-set! I'm seeing double here! Four Brookes?!
First up we have Brooke Cooper, Savings.com.au finance journalist to talk us through what 'shrinkflation' means. Looked at your Oreos, chips or Tim Tams lately and felt they're a bit light on? Yeah, now that phenomena has a name.
Then we're joined by Brooke Roberts, the co-founder and co-CEO of Sharesies. Ms Roberts is our very first international guest, dialling in from New Zealand. She's here to talk us through what the platform offers, and how and where its users are investing right now. You might be feeling inspired from the film Dumb Money, but that strategy is generally fraught with risk.
As always, shop around, compare your fees and consult the PDS.
- 00:00 - 01:13 - Intro
- 01:13 - 03:00 - WA Rent Relief
- 03:00 - 04:11 - More savings accounts over 5%
- 04:11 - 06:00 - An ANZ home loan approved in 45 minutes
- 06:00 - 13:38 - Shrinkflation with Brooke Cooper
- 13:38 - 24:52 - Sharesies with Brooke Roberts
- 24:52 - 26:10 - Outro
Where and how do you invest in this economic climate? This week, Brooke Roberts joined us from the land of the long white cloud - Aotearoa, New Zealand - to talk us through what Sharesies offers, what type of users join the platform, what they start with it, and more.
Of course, compare the fees and read the PDS before jumping in!
We've all seen it - your grocery shop becomes more skint but you're paying the same... or more! Fewer biscuits or chips in the bag is how food manufacturers are skirting price rises. It might be good for the waistline but not good for the hip pocket or your morale. Do you fight it like the French or deal with one less Oreo in the pack? Brooke Cooper takes us through.
In the wake of the RBA's decision to lift the cash rate to a 12-year high of 4.35%, Dom and Haz spoke with John Quiggin, who said the RBA is political and sensitive to PR despite being independent from the government!
In the wake of the RBA's decision to lift the cash rate to a 12-year high of 4.35%, Dom and Haz spoke with Warren Hogan, who said the RBA needs to do more or risk leaving rates higher for longer!
In our fortnightly property roundup with Emma, we discovered that home prices are just 0.5% off their peak values, and CoreLogic is reporting that we could hit a new peak in a couple weeks.
Vacancy rates are at a new low (0.8% - Domain data), while the Greens in Brisbane have proposed a rather interesting new tax on landlords, which is sure to result in measured and constructive conversations.
Fresh after some Melbourne Cup festivities and the RBA interest rate rise - the first since June - Dom and Haz sat down with Warren Hogan and John Quiggin.
Warren is the chief economic adviser for Judo Bank, and John is a professor of economics at the University of Queensland. We discussed if the move was the right one, and if it's enough to tame the inflation beast.
Plus, we had our regular property roundup with Emma Duffy from Your Investment Property Magazine - home prices rising, vacancy rates plummeting, and more.
- 00:00 - 02:05 - Intro
- 02:05 - 08:07 - RBA hikes to 4.35%!
- 08:07 - 20:36 - Property chat with Emma Duffy
- 20:36 - 31:30 - Warren Hogan
- 31:30 - 40:37 - John Quiggin
- 40:37 - 41:52 - Outro
This week, Dom and Haz were joined by Dianne Loveday, the founder of Bayside Mediation. We covered the prickly topic of divorce and separation, which no one likes talking about. Dianne said it doesn't have to be a super drawn out, costly affair. One way to tackle the cost is by going through a mediator, instead of lawyers and the courts, which could save hundreds of thousands of dollars.
We were also joined by Savings.com.au journalist Harry O'Sullivan who recently picked up the story on how Uber/delivery drivers are set to be afforded the same rights as other workers - this could mean a more expensive burrito but a more stable and safe workforce. That's if a new bill passes.
Plus all the latest and greatest news... this time delivered in around 5 minutes.
- 00:00 - 01:37 - Intro
- 01:37 - 04:09 - A rate rise all but certain... or is it?
- 04:09 - 06:01 - NRMA's new home loan
- 06:01 - 08:40 - CBA's new solar loan offer
- 08:40 - 22:16 - Delivery/rideshare drivers set to get more rights, with Harry O'Sullivan
- 22:16 - 40:00 - Dianne Loveday
- 40:00 - 40:59 - Outro
This week, Haz and Dom covered a slightly different topic - divorce and the costs of it. We were joined by Dianne Lovejoy to discuss how mediation rather than litigation can be a much more amicable and cost-friendly way of navigating divorce and separation.
It's a topic no one likes to talk about, but an important one!
Domestic Violence Helplines:
1800RESPECT - 1800 737 732
Mensline Australia - 1300 789 978
Lifeline - 13 11 14
In an emergency ring 000
If a new bill passes successfully through Federal Parliament, meal delivery and rideshare operators are set to receive better worker protections. However, Uber isn't happy, saying it could increase prices by up to 85%.
Of course, Uber isn't alone here, but acts as a catch-all term for similar services such as Didi, Menulog and others.
We discussed with Harry if this will work, and if the price increase will turn Aussies off such conveniences. Plus, what's Harry getting next time he orders UberEats - a GYG burrito or a cheeky Nandos?
This week, we have a property investment bonanza episode!
Dom and Haz were joined by Lloyd Edge, the director of Aus Property Professionals - a nationwide buyers agency. He gave us the rundown on a range of investment topics.
We were also joined by Emma from Your Investment Property Magazine, who explained to Dom and Haz what build-to-rent means. There's one BTR development in Melbourne however with its own podcast studio, concierge. and pet play area - but it comes at a cost.
Plus all the latest news and flapping our gums about finance.
- 00:00 - 02:04 - Intro
- 02:04 - 06:51 - Bank branches closing
- 06:51 - 08:47 - November is apparently the best time to sell property
- 08:47 - 12:10 - Inflation forecasts and what it means for RBA
- 12:10 - 22:39 - Built-to-rent with Emma Duffy
- 22:39 - 39:12 - Property investing with Lloyd Edge
- 39:12 - 40:49 - Outro
This week, Dom and Haz were joined by Lloyd Edge, the director of Aus Property Professionals - a nationwide buyers agency. He gave us the rundown on topics such as: how spring selling season is shaping up, if green additions to the home make good investments, what his clients are looking for, if people will still be bullish on property with more interest rate rises, and more!
This week, Emma explained to Dom and Haz what build-to-rent means. It's a popular renting option in Europe and the US but hasn't yet kicked off in Australia. There's one development in Melbourne however with its own podcast studio, concierge. and pet play area - but it comes at a cost. Would you live in a build-to-rent building? If there's enough it could help fix the rental crisis, but might not be the silver bullet as it seems on paper.
Our very own Brooke Cooper joins us to discuss a new report from CoreLogic which found that 655,000 residential properties across Melbourne, Sydney, and Brisbane are suitable for building a two-bed granny flat, which experts say could have a near-immediate impact on the housing crisis.
Plus, find out what the guys think about living in a tiny home.
This week on the podcast, Haz's off living his best life in Tasmania so Editor of Your Investment Property Magazine Emma Duffy joins Dom to chew the fat on household spending, savings account rate hikes and spring selling season.
But before Haz left us for the Apple Isle, he and Dom pre-recorded a chat with Gaby Rosenberg co-founder of investing app Blossom to chat all things bond investing, which you can catch in this ep.
Plus, we caught up with Savings.com.au finance journalist Brooke Cooper to discuss whether granny flats could help solve the housing crisis.
You might have heard about bond yields and wholesale funding rates going through the roof recently, and your interest might be piqued - how do you get a slice of the pie?
From humble beginnings after a dinner party discussion in 2021, Gaby Rosenberg with her sister founded Blossom, an investing app that democratises investing in fixed-income assets.
These asset classes have traditionally only offered to high net worth individuals with at least $200,000 to play with. Blossom is available for nearly everyone with only a $5 minimum investment, and targeted 5.70% p.a. returns.
With a pretty, user-friendly app, Blossom appeals to a lot of people who want a different type of investment.
This week on the podcast Dom and Haz caught up with fellow podcaster, host of the Australian Finance Podcast, Kate Campbell, to talk about her new book. It's called 'Buying Happiness - Learn to invest your time and money better'.
What was interesting was it wasn't just a rote list of "what to do" to establish your financial future, but it explored behavioural topics such as 'time is money' and how to audit your relationships, finance-wise.
Plus we caught up with Emma Duffy, editor of Your Investment Property Magazine to discuss why the new property tax down in Victoria has pundits so rankled.
- 00:00 - 01:31 - Intro
- 01:31 - 04:27 - One third of first home buyers relying on government scheme
- 04:27 - 08:27 - Spooky tax deadline looming
- 08:27 - 13:32 - Term deposit and home loan wraps, compare rates at Savings.com.au.
- 13:32 - 24:57 - Vacant property tax in Victoria, with Emma Duffy
- 24:57 - 41:13 - Kate Campbell
- 41:13 - 42:48 - Outro
This week on the podcast Dom and Haz caught up with fellow podcaster, host of the Australian Finance Podcast, Kate Campbell, to talk about her new book.
What was interesting was it wasn't just a rote list of "what to do" to establish your financial future, but it explored behavioural topics such as 'time is money' and how to audit your relationships, finance-wise.
On this week's episode Dom and Haz were joined by Emma Duffy, the editor of Your Investment Property Magazine. The October edition is now live and ready to download on yourinvestmentproperty.com.au!
This week we spoke about Victoria extending the 'Airbnb 7.5% tax' we spoke about a few weeks ago to investors who keep their property vacant - holiday homes, land banking and so on. The rental market is also up once again, and unit and house prices are converging in some areas.
On this week's episode, Dom and Haz spoke to the other Haz in the Savings.com.au team - Harry O'Sullivan, finance journalist.
He's just written a piece on whether it's better to invest in property or shares. It's an interesting topic and there's plenty to weigh up - and plenty of ways to peel the banana.
And of course, PPINAIOFP - past performance is not an indicator of future performance.
Plus all the latest news, as always!
- 00:00 - 01:06 - Intro
- 01:06 - 05:48 - RBA holds at 4.10%
- 05:48 - 12:32 - Home prices up again
- 12:32 - 15:41 - Home loan and term deposit rates all over the shop
- 15:41 - 17:08 - Compare green car loans from 5.19% p.a. (6.31% p.a comp rate*) on Savings.com.au and InfoChoice
- 17:08 - 30:27 - Property vs Shares with Harry O'Sullivan
- 30:27 - 31:59 - Outro
As a special segment on this week's episode, Dom and Haz spoke to the other Haz in the Savings.com.au team - Harry O'Sullivan, finance journalist.
He's just written a piece on whether it's better to invest in property or shares. It's an interesting topic and there's plenty to weigh up - and plenty of ways to peel the banana.
And of course, PPINAIOFP - past performance is not an indicator of future performance.
This week Dom and Haz were joined by Emma Duffy, the editor of Your Investment Property Magazine to discuss Victoria's proposed 7.5% Airbnb tax amid other lofty construction goals, where Dom's going on his 'babymoon' and more.
We also discussed the latest news including big banks behaving badly, house price forecasts, and the latest rate news (it's gone haywire).
Apologies for some of the audio on this one. We weren't in our regular studio and 2/3 mics decided not to receive signal. Cool.
- 00:00 - 01:15 - Intro
- 01:15 - 02:05 - Get your free property report at InfoChoice
- 02:05 - 06:33 - NAB and ANZ fined millions for dodgy fees
- 06:33 - 12:52 - Home loan rates down, term deposit rates every which way
- 12:52 - 16:00 - KPMG's house price forecast
- 16:00 - 29:46 - Property roundup with Emma Duffy: Airbnb 7.5% tax (Dan Andrews resigns)
- 29:46 - 32:03 - Outro
This week Dom and Haz were joined by Emma Duffy, the editor of Your Investment Property Magazine to discuss Victoria's proposed 7.5% Airbnb tax amid other lofty construction goals, where Dom's going on his 'babymoon' and more.
Apologies for some of the audio on this one. We weren't in our regular studio and 2/3 mics decided not to receive signal. Cool.
There's a lot of head noise out there for homeowners and borrowers right now. So which way is up? This week Dom and Haz spoke with Julian about why locking in a fixed-rate home loan right now might not be the greatest idea, the costs of refinancing, and what he thinks interest rates will do in the next 12-18 months.
As well as this, we discuss girl math(s) with Brooke Cooper, plus the latest financial news.
- 00:00 - 01:26 - Intro
- 01:26 - 05:51 - NSW Budget cost of living relief
- 05:51 - 10:50 - Unit shortage leading to price surges
- 10:50 - 13:58 - Newcastle Permanent's 20 minute mortgage
- 13:58 - 14:53 - Compare home loans at InfoChoice
- 14:53 - 24:26 - Explaining Girl Math, with Brooke Cooper
- 24:26 - 36:28 - Julian Finch
- 36:28 - 37:50 - Outro
One of Savings.com.au's very own finance journalists Brooke Cooper is here to take us two dudes about what on earth 'Girl Math' is, the new trend taking TikTok by storm. Brooke explains the logic behind some of it - and some of it's sound, but sometimes it demeans and infantalises women in finance and economics.
There's a lot of head noise out there for homeowners and borrowers right now. So which way is up? This week Dom and Haz spoke with Julian about why locking in a fixed-rate home loan right now might not be the greatest idea, the costs of refinancing, and what he thinks interest rates will do in the next 12-18 months.
This week on the podcast Dom and Haz caught up with Callam Pickering, senior economist at Indeed. We discussed if the 'great resignation' was a myth, how our jobs market will support the record immigration numbers, why productivity is so sluggish amid a jobs boom, and more!
We've also introduced a new property chat with Emma Duffy, the editor at Your Investment Property Magazine. She's here to give us the latest update and intel on auction numbers, vacancy rates, and more.
00:00 - 01:30 - Intro
01:30 - 04:32 - Housing Australia Future Fund gets up
04:32 - 09:31 - Rate Wrap - home loan and term deposit rates down
09:31 - 13:45 - GDP up but we're in a per-capita recession
13:45 - 19:05 - Property Roundup with Emma
19:05 - 34:18 - Callam Pickering
34:18 - 35:53 - Debrief and outro
This week on the podcast Dom and Haz caught up with Callam Pickering, the senior economist at Indeed. We discussed if the 'great resignation' was a myth, how our jobs market will support the record immigration numbers, why productivity is so sluggish amid a jobs boom, and more!
Here to discuss auction numbers, vacancy rates, and the housing market more broadly is Emma Duffy, the editor of Your Investment Property Magazine.
'YIP Magazine' is a bi-monthly property magazine with unique commentary and insights, as well as vital property and suburb data for your investment property research.
This week on the podcast Dom and Harrison sat down with Michael Sukkar, current shadow housing minister. We discussed the government's latest shared equity scheme, what the Coalition is proposing, why governments (including the former LNP government) don't seem to be actually addressing supply in a material way, and the RBA review (as it's RBA day... of course).
Plus all the usual news, and keep your ears peeled for Haz's stomach rumbling ... he's hungry for some Wagyu and shiraz.
- 00:00 - 02:06 - Intro
- 02:06 - 04:47 - RBA holds cash rate again
- 04:47 - 09:11 - Housing affordability at a 30 year low
- 09:11 - 15:00 - Beyond Bank to merge with First Choice Credit Union
- 15:00 - 19:48 - ASIC sues Westpac
- 19:48 - 21:10 - Compare refinancing home loan options with Savings.com.au
- 21:10 - 38:43 - Michael Sukkar MP
- 38:43 - 45:38 - Debrief and Outro
This week on the podcast Dom and Harrison sat down with Michael Sukkar, current shadow housing minister. We discussed the government's latest shared equity scheme, what the Coalition is proposing, why governments don't seem to be actually addressing supply in a material way, and the RBA review (as it's RBA day... of course).
This week Dom and Haz sat down with Anson Parker from Up to find out how its new home loan offering is going (with 50 offset accounts!) as well as its new subscription offering coming out soon.
Forgive Haz's audio, we weren't in the Big Beat Laboratory or adhering to the big beat manifesto this week.
- 00:00 - 01:45: Intro
- 01:45 - 05:00: Inflation rate now 4.9%
- 05:00 - 08:10: RBA says climate change is inflationary
- 08:10 - 12:25: World Cup, school holidays bolster retail spending
- 12:35 - 17:03: Mortgage stress is up
- 17:03 - 17:40 - Compare home loans with Savings.com.au
- 17:40 - 33:26 - Anson Parker from Up
- 33:26 - 36:38 - Debrief and outro
This week Dom and Haz sat down with Anson Parker from Up to find out how its new home loan offering is going (with 50 offset accounts!) as well as its new subscription offering coming out soon.
Forgive Haz's audio, we weren't in the Big Beat Laboratory or adhering to the big beat manifesto this week.
The big 3-0! Late last week, the government announced an extra $3.5 billion towards its housing plans, while also officially announcing the 30-40% equity program will take place from 2024. Now the dust has settled a bit, Dom and Harrison sat down with Simon Pressley to discuss what the policies mean, if they're a good idea, and what they will actually do for supply and affordability.
- 00:00 - 02:00 - Intro
- 02:00 - 07:28 - New government housing policies
- 07:28 - 11:23 - Unemployment rate rises to 3.7%
- 11:23 - 14:06 - Unity Bank's 5% unconditional savings account
- 14:06 - 19:11 - BetStop, a new self-directed gambling ban
- 19:11 - 33:53 - Simon Pressley
- 33:53 - 39:58 - Debrief and Outro
National Gambling Helpline: 1800 858 858
Domestic Violence Helplines:
- 1800RESPECT - 1800 737 732
- Mensline Australia - 1300 789 978
- Lifeline - 13 11 14
- In an emergency ring 000
Late last week, the government announced an extra $3.5 billion towards its housing plans, while also officially announcing the 30-40% equity program will take place from 2024. Now the dust has settled a bit, Dom and Harrison sat down with Simon Pressley to discuss what the policies mean, if they're a good idea, and what they will actually do for supply and affordability.
This week Dom and Harrison sat down with Peter White AM, the managing director of the Finance Brokers Association of Australia, or FBAA. In his 40-plus year career, Peter has seen it all. And he says the current financial situation is unprecedented - fixed rates rolling off, the record pace of interest rate rises, serviceability buffers, and more.
Plus all the usual news, updates, and chortles.
00:00 - 02:07 - Intro & Dom's fear of Ekka rides
02:07 - 04:43 - Wage Price Index 3.6%/yr
04:43 - 09:15 - Barbie & Oppenheimer lead to surge in cinema spend
09:15 - 12:35 - Teachers Mutual Bank's 5.50% savings account
12:35 - 16:23 - Insurance premiums skyrocketing
16:23 - 45:07 - Peter White
45:07 - 49:59 - Debrief and outro
This week Dom and Harrison sat down with Peter White AM, the managing director of the Finance Brokers Association of Australia, or FBAA. In his 40-plus year career, Peter has seen it all. And he says the current financial situation is unprecedented - fixed rates rolling off, the record pace of interest rate rises, serviceability buffers, and more.
In all this talk about the cost of living crunch, there's a huge hunk of metal likely sitting in your driveway or on the street that's costing you money and not being used to its potential. Yes, that's your car. Dom and Harrison spoke with Tim Rossanis, the Australian managing director of car sharing app Turo, which after making waves in the US touched down in Australia in late 2022. He explained how you could make $19,000 from sharing your car! That sounds like an ok way to offset that depreciation... 00:00-13:46: Intro and news - ACCC blocks ANZ Suncorp acquisition, Aussies refinance in droves, CBA tackles financial abuse with AI, and household spending gets weaker.
13:46-30:11: Tim Rossanis, MD of Turo Australia
30:11-34:48: Debrief and outro
Domestic Violence Helplines:
1800RESPECT - 1800 737 732
Mensline Australia - 1300 789 978
Lifeline - 13 11 14
In all this talk about the cost of living crunch, there's a huge hunk of metal likely sitting in your driveway or on the street that's costing you money and not being used to its potential. Yes, that's your car. Dom and Harrison spoke with Tim Rossanis from car sharing app Turo, which after making waves in the US touched down in Australia in late 2022. He explained how you could make $19,000 from sharing your car! That sounds like an ok way to offset that depreciation...
Fresh after the RBA's momentous and daresay controversial move to leave the cash rate on hold in August, Warren Hogan and Peter Tulip shared their thoughts on if it was the right move with the podcast, and where to from here.
00:00-13:11 - Intro and News
13:11-22:27 - Warren Hogan
22:27-39:56 - Peter Tulip
Fresh after the RBA's momentous and daresay controversial move to leave the cash rate on hold in August, Peter Tulip shared his thoughts on if it was the right move with the podcast, where to from here, and if his concerns about transparency from his time at the central bank are being rectified with this review.
Fresh after the RBA's momentous and daresay controversial move to leave the cash rate on hold in August, Warren Hogan shared his thoughts on if it was the right move with the podcast, and where to from here.
In this episode Dom and Harrison sat down with Serina Bird. You may know Serina best from her 'Joyful Frugalista' book. Now she's launched the book 'How to Pay Your Mortgage Off in 10 Years' - and we'll discuss just that, as well as what's making the latest news.
00:00-01:16: Intro
01:16-05:57: Victorian rent caps news
05:57-09:55: Unemployment rate at 3.5% news
09:55-12:24: CommSec lowers brokerage fees news
12:24-15:47: House price forecasts, but is anyone listening? news
15:47-34:59: Debrief and Outro
Domestic Violence Helplines:
1800RESPECT - 1800 737 732
Mensline Australia - 1300 789 978
Lifeline - 13 11 14
In an emergency ring 000
In this episode Dom and Harrison sat down with Serina Bird. You may know Serina best from her 'Joyful Frugalista' book and podcast series. Now she's launched the book 'How to Pay Your Mortgage Off in 10 Years' - and we'll discuss just that.
Domestic Violence Helplines:
1800RESPECT - 1800 737 732
Mensline Australia - 1300 789 978
Lifeline - 13 11 14
In an emergency ring 000
The property data is every which way at the moment. Some say the sky is falling, others are so bullish you can see their horns. On the podcast for a proper property pulse, we have Michelle May. Michelle is a Sydney based buyers agent primarily serving within a 10km radius of the CBD, and discusses some of the themes concerning homebuyers in this market. She is also host of the Buy Your Side podcast.
00:00 - 01:19 - Intro
01:19 - 06:51 - New RBA Governor
06:51 - 11:17 - Home Loan Rates
11:17 - 15:00 - Stream Cheating
15:00 - 35:56 - Michelle May
35:56 - 39:08 - Debrief and Outro
The property data is every which way at the moment. Some say the sky is falling, others are so bullish you can see their horns. On the podcast for a proper property pulse, we have Michelle May. Michelle is a Sydney based buyers agent primarily serving within a 10km radius of the CBD, and discusses some of the themes concerning homebuyers in this market. She is also host of the Buy Your Side podcast.
In June, more than 120,000 cars were sold/delivered, marking the strongest June month since 2018. The Tesla Model Y took second spot, behind only the Toyota Hilux. It usurped the venerable Ford Ranger, which slipped to third. So, is this a changing of the guard? Here to talk to us about car sales is Tony Weber, and what needs to be done to encourage the uptake of more EVs, especially now they are becoming more affordable.
00:00-00:55: Intro & Greetings
00:55-03:27: News 1 - Term Deposits
03:27-06:34: News 2 - NAB lowers mortgage buffer
06:34-09:15: News 3 - Rents soaring... again
09:15-11:51: News 4 - Household spending down
11:51-22:19: Tony Weber, CEO of the Federal Chamber of Automotive Industires
22:19-25:32: Debrief
25:32-26:24: Outro
In June, more than 120,000 cars were sold/delivered, marking the strongest June month since 2018. The Tesla Model Y took second spot, only behind the Toyota Hilux. It usurped the venerable Ford Ranger. So, is this a changing of the guard? Here to talk to us about car sales is Tony Weber, and what needs to be done to encourage the uptake of more EVs, especially now they are becoming more affordable.
This week, in the post-RBA fallout of July, Dom and Harrison discussed the news as well as getting Cameron Kusher, director of economic research at PropTrack, on the podcast to chat about the property market post-pandemic, why listings are low, forecasts and all that good stuff.
00:00-13:17 - Intro & News
13:17-30:26 - Cameron Kusher
30:26-33:43 - Debrief and Outro
This week, in the post-RBA fallout of July, Dom and Harrison discussed the news as well as getting Cameron Kusher from PropTrack on the podcast to chat about the property market post-pandemic, why listings are low, forecasts and all that good stuff.
As well as covering the news, Dom and Harrison spoke with Mark Chapman, H&R Block's director of tax communications, on this week's episode about everything end-of-financial-year tax time. This includes getting the most from your return, which working from home deduction method works best, and what tax time scams are out there.
- 00:00-02:07: Intro
- 2:07-4:33: CBA Outage
- 4:33-7:13: Qantas flight credits
- 7:33-12:10: CBA buffer slashed to 1%
- 12:10-19:22: Changes to super, the age pension, child care and more
- 19:22-37:40: Mark Chapman
- 37:40-End: Debrief and outro
Dom and Harrison spoke with Mark Chapman on this week's episode about everything end-of-financial-year tax time. This includes getting the most from your return, which working from home deduction method works best, and what tax time scams are out there.
This week Dom and Harrison spoke with Anna Bligh, the CEO of the Australian Banking Association, which represents the Aussie banking sector. We threw a variety of questions at her, including the plan to phase out cheques by 2030, how banks are handling scams, how they are preparing for a recession, and if there's any plans to further relax serviceability requirements. The chat with Ms Bligh starts at 15:05. It was a good one!
This week Dom and Harrison spoke with Anna Bligh, the CEO of the Australian Banking Association, which represents the Aussie banking sector. We threw a variety of questions at her, including the plan to phase out cheques by 2030, how banks are handling scams, how they are preparing for a recession, and if there's any plans to further relax serviceability requirements. It was a good one!
It's been a huge week for news, but amidst all of this: What is a customer owned bank? Why is my grandma part of one? Should I be part of one? How can they offer really competitive products compared to the majors? This week Dom and Haz sat down with Stephanie Elliott from the Customer Owned Banking Association to explain all of this and more. The chat with Steph starts at 19:20.
What is a customer owned bank? Why is my grandma part of one? Should I be part of one? How can they offer really competitive products compared to the majors? This week Dom and Haz sat down with Stephanie Elliott from the Customer Owned Banking Association to explain all of this and more.
38% of people haven't checked their credit score! Are you one of them? Geri Cremin from the Australian Retail Credit Association's Credit Smart shared some myths about credit reports and scores, what they mean, when they're important, and when they're not. That's at the 15:00 mark. Dom and Harrison also discussed the latest news, including the elephant in the room - RBA rate hikes.
38% of people haven't checked their credit score! Are you one of them? Geri Cremin from the Australian Retail Credit Association's Credit Smart shared some myths about credit reports and scores, what they mean, when they're important, and when they're not.
This week the podcast is all about currency and how the Aussie Dollar is performing, and the few locations it is performing strongly. To explain all that and why is Peter Dragicevich, Corpay Cross Border Solutions' currency strategist for the Asia-Pacific Market. Peter starts at 8:10.
This week the podcast is all about currency and how the Aussie Dollar is performing, and the few locations it is performing strongly. To explain all that and why is Peter Dragicevich, Corpay Cross Border Solutions' currency strategist for the Asia-Pacific Market.
This week Dom and Harrison sat down with Nerida Conisbee, the chief economist at Ray White. She explained why vendors aren't putting their properties up for sale, the general market sentiment, and how first home buyers can get their foot on the property ladder in this challenging environment. Nerida starts at approx 9:40.
This week Dom and Harrison sat down with Nerida Conisbee, the chief economist at Ray White. She explained why vendors aren't putting their properties up for sale, the general market sentiment, and how first home buyers can get their foot on the property ladder in this challenging environment.
After nearly a week to digest the Federal Budget, Dom and Harrison sat down with AMP chief economist Shane Oliver to discuss it in further detail, the surprise surplus, why income tax reform is needed, and yes, of course - the RBA cash rate forecasts. Shane is at 18:00.
After nearly a week to digest the Federal Budget, Dom and Harrison sat down with AMP chief economist to discuss it in further detail, the surprise surplus, why income tax reform is needed, and yes, of course - the RBA cash rate forecasts.
After having a couple days to digest the latest RBA rate rise (some say it was unexpected) Dom and Harrison sat down with Brodie Haupt from WLTH to talk about what the latest rate rise means, the WLTH story and its sustainability push, and why the fintech lender has stuck solid as others of its kind have dropped away.
After having a couple days to digest the latest RBA rate rise (some say it was unexpected) Dom and Harrison sat down with Brodie Haupt from WLTH to talk about what the latest rate rise means, the WLTH story and its sustainability push, and why the fintech lender has stuck solid as others of its kind have dropped away.
Right before the Easter break, Dom and Harrison chatted to Simon Cohen, the co-founder & CEO of Cohen Handler, a global buyers agency, and also star of the Prime program Luxe Listings. Simon discussed the benefits of buyers agencies, the importance of off-market deals, and more. That's at the 22:00 mark. Now, after the Easter break, Dom and Harrison processed some chocolate and what Simon said, while also discussing the latest news.
You might know him better from the Amazon Prime series Luxe Listings, but Simon Cohen has built one of the most successful buyers agencies in Australia. In this guest spot, Dom and Harrison talked to Simon about the benefits of buyers agents, and the appeal of Australian property on the global stage.
On the eve of one of the most talked-about RBA rate announcements in recent memory, Eliza Owen from CoreLogic sat down with Dom and Harrison to talk about why property prices have bounced back, the reason for supply issues, both to rent and buy, and if policies such as rent caps really help the situation.
On the eve of one of the most talked-about RBA rate announcements in recent memory, Eliza Owen from CoreLogic sat down with Dom and Harrison to talk about why property prices have bounced back, the reason for supply issues, both to rent and buy, and if policies such as rent caps really help the situation.
This episode Dom and Harrison sat down with Kanishka Raja, the chief product officer for lending at challenger bank UBank. Kanishka talked about the hot cashback offers in the market right now on home loans, as well as fixed rates expiring and the home loan market more broadly.
This episode Dom and Harrison sat down with Kanishka Raja, the chief product officer for lending at challenger bank UBank. Kanishka talked about the hot cashback offers in the market right now on home loans, as well as fixed rates expiring and the home loan market more broadly.
This episode Dom and Harrison sat down with one of Australia's most respected economists, Judo Bank's Warren Hogan. Warren talked about the latest RBA hike, hot off the press, and also talked about inflation, how the economy is in good nick, as well as why deposits might be a good place to park some cash right now.
This episode Dom and Harrison sat down with one of Australia's most respected economists, Judo Bank's Warren Hogan. Warren talked about the latest RBA hike, hot off the press, and also talked about inflation, how the economy is in good nick, as well as why deposits might be a good place to park some cash right now.
Dom and Harrison spoke with Rebecca Maher, the co-founder of financial coaching platform Money Happy. Money Happy is aimed at under-40s to take control of their financial direction and get on top of their finances. One emerging topic for young professionals is the indexation of HECS/HELP, with this year's set to be huge, thanks to surging inflation. Rebecca discussed what young professionals can do about it, and if they should pay it off to avoid the extra indexation.
This week Dom and Harrison sat down with the co-founder of Money Happy, Rebecca Maher, to talk about if young professionals should pay off their uni (HECS/HELP) debts or not. With inflation on the rise, these debts are set to be indexed in a big way. Money Happy is a financial coaching and resources tool for young professionals.
In this episode Dom and Harrison talked about the latest RBA rate rise, when the rate rises will stop, and the benefits of refinancing. Theo Chambers from leading mortgage brokers Shore Financial provided his expertise and the money that can be saved by taking a look at the mortgage, before interest rates rise further.
In this episode, Dom and Harrison spoke with Theo Chambers, the co-founder and CEO of Shore Financial, one of Australia's leading mortgage broking firms on what borrowers can do in this rising interest rate environment, and the money they can save by refinancing.
This week Dom and Harrison spoke with Daniel Sciberras from the credit card deals website Point Hacks. Daniel told the boys how to juice the most from their credit cards, how to find the best deals, and how to do it responsibly. Dom and Harrison also discussed economic data, top savings account rates, and weird currencies, in the last episode of 2022.
This week Dom and Harrison sat down with Daniel Sciberras from credit card website Point Hacks to discuss good credit card deals and how to maximise points while still getting value for money and spending wisely.
Dom and Harrison sat down with Simon Pressley, head of research at buyers agency and property research firm Propertyology, to discuss how we got to the current rental crisis, and if home prices are really going to plunge 20% like some 'experts' have you believe.
This week Dom and Harrison have a chat with Simon Pressley from Propertyology, a buyers agency and property research firm, on if home prices are really heading for a steep drop. Dom and Harrison also discuss the latest news, sharp deals in the market, what's coming up on the calendar, and more.
This week Dom and Harrison sat down with Rebecca Jarrett-Dalton. Rebecca is the founder of mortgage broking firm Two Red Shoes, and discussed 'mortgage prisons', the importance of looking at refinancing, and if cashback deals make sense.
In this episode, Dom and Harrison sat down with Rebecca Jarrett-Dalton, the founder of mortgage broking firm Two Red Shoe, to talk about how much homeowners can save by refinancing. Plus all the usual savings news, good deals in the market, and more.
Dom and Harrison sat down with this week's special guest Dr Shane Oliver, AMP's chief economist, to talk about the Federal Budget, the Housing Accord, inflation, and the Reserve Bank cash rate.
In this episode, Dom and Harrison spoke with special guest Dr Shane Oliver, chief economist at AMP. Shane was kind enough to lend us some time between two meetings to talk about the Federal Budget, inflation, and how it all interacts with the Reserve Bank's cash rate.
Dom and Harrison sat down with PRD chief economist Dr Diaswati (Asti) Mardiasmo to talk about the rent crisis and housing markets.
This episode Dom and Harrison sat down with PRD chief economist Dr Diaswati (Asti) Mardiasmo to talk about the rent crisis and housing market, as well as covering the latest news and good deals.
In this episode, Dom and Harrison discuss more 4% savings account rates, Queensland tenant and property tax laws changing, housing stimulus, fuel prices, and more.
In this episode, Dom and Harrison discuss juicy savings account interest rates, scams, why fixed-rate home loans are declining the popularity, expensive 50c coins and more.
Dom and Harrison from Savings.com.au kick off the inaugural episode of the Tip Jar podcast by talking about the latest Australian financial news, new products, and sharp deals in the market.