This is the second in our summer Fun Money series. There is money to be made and fun to be had collecting wine: But how do you get started? It's a tricky business finding good wine, storing it, and indeed not drinking it until the right time! In today's episode, we cover: How to start a wine collection Finding the top Australian wines to colle Getting to know the pricing of top vintages Maintaining your wine John Lehmann, managing editor of The Australian and wine connoisseur joins Wealth Editor...
Dec 27, 2023•28 min
How about having fun and making money too - it's entirely possible if you become an expert collector of cars, art, wine, rare books...or maybe even whiskey. ((Hey! you can even put them in your Self Managed Super Fund). Over the next four weeks tune in for a wide-ranging guide to collecting: In this episode, we kick off with financial adviser James Gerrard and host James Kirby on the first things you need to know In coming episodes: How to build a wine collection - with The Australian's John Leh...
Dec 20, 2023•36 min
A spot by the sea? A place in the country? Can you do it...should you do it? The holiday home as a property investment enters the public imagination around about mid-December each year. In today’s episode we cover; the difference in buying a holiday home compared to a permanent residence, the biggest mistakes people make, how to locate and settle on a property and the demands of managing a second property. Jarrod McCabe of Wakelin Property Advisory joins Wealth Editor James Kirby in today's epis...
Dec 19, 2023•31 min
So you want that car? The problem is you know very little about it - and certainly not enough to deal with the guy with a devilish grin coming towards you in the showroom. In today's episode we cover ; How to approach buying a car The special circumstance of buying a luxury vehicle How to behave yourself in the showroom Rarity and brand power - how to get a car that will improve in price Madam Wheels (aka Jacquie Hayes) joins Wealth Editor James Kirby in this episode See omnystudio.com/listener ...
Dec 13, 2023•28 min
Melbourne is growing faster than Sydney. In the next decade, the two cities are expected to draw level in terms of total population. So why is Sydney three times better for property investment returns than the Victorian capital? In today's episode, we cover: The weakness of the Melbourne property market Is the foreign investment clampdown anything to worry about? Using your mortgage to optimize your investing costs Should you ever retire with a mortgage? Stuart Wemyss of ProSolution joins Wealth...
Dec 12, 2023•28 min
Who are the families behind Australia’s biggest companies? What are they like and what can we learn from them as investors? In today’s show, we cover: Getting to know the Pratts and the Packers Meet the Millners (who just engineered a $3.5 bn takeover for Perpetual) The new arrivals in the billionaire set Extracting more value from Listed Investment Companies Damon Kitney author of The Fortune Tellers joins Wealth Editor James Kirby in today’s episode See omnystudio.com/listener for privacy info...
Dec 07, 2023•39 min
There is now hard evidence that investors are back in the residential property market. What's more, they are borrowing faster than owner occupiers and we can expect to see this translated into more demand from investors in the year ahead. What does it mean for the market? In today's episode, we cover: The changing dynamics of a hot investment market Are clearance rates weak? History suggests otherwise Should taking in lodgers come with tax breaks? Can I sell half my home to another family member...
Dec 05, 2023•34 min
We were told AI would take off as the investment theme of the year and it came to pass - that's why the NASDAQ has been about six times better than the ASX 200 in terms of returns this year. In today's show, we cover: The next phase of AI for investors Finding the 'picks and shovels' in the AI boom Some stocks to consider for 2024 Behind AusSuper's banning of Origin Energy share purchases Clay Carter, global head of equities at the Halo Technologies group joins Wealth Editor James Kirby in today...
Nov 30, 2023•31 min
It's one of Australia's biggest banks but we never see any data from it - in fact, we heavily underestimate the role of family finance in helping first-time buyers get started in the property market. But this is a key factor set to underpin yet another lift in house prices in 2024 if the economists have it right. In today's show, we cover: The Bank of Mum and Dad Immigration levels and the rental market The return of the lodger What happens to tax losses with the new super tax Diana Mousina, eco...
Nov 29, 2023•38 min
Many investors now rely heavily on social media influencers for investment guidance: But who are these operators and do they have your best interests in mind? It's a key question for investors and regulators and the game is evolving very quickly indeed. In today's show, we cover: The pros and cons of social media investment guidance How crypto investing through social media is a world within a world Are you trading enough to fall foul of the tax office? Balanced portfolios - have the rules chang...
Nov 23, 2023•37 min
Australian house prices could see a nationwide fall next year with Sydney leading the downturn on a forecast drop of four per cent, according to property research agency SQM. But in today's podcast, one of the top buyer's agents on the ground in Sydney reflects wide scepticism in the market over any perceived softening of prices. In today's episode we cover; the factors that will hold the market up in 2024, rental assistance, tips for renovating on a $1,000 budget and diversifying your property ...
Nov 21, 2023•21 min
Australian investors kept away from bonds for many years preferring instead ‘bond proxies’ such as the banks and telco fully franked shares. And they did the right thing because bonds have been bad news for the last three years - especially bond ETFs where total returns have let people down. But now the time may be right …for government bonds bought one by one and held to maturity. In today’s episode we cover; the 2024 appeal of bonds, tax cuts coming, HECs and HELP and whether loans are include...
Nov 16, 2023•34 min
For a while, it seemed as if the China buyer - a potentially powerful influence at property auctions -had left the scene. But in recent months Australia has emerged as the number one overseas destination for China-based property investors, even surpassing Canada in terms of activity. In today's show, we look at how the China buyer rebound is changing the market, where are the mortgage stress signals in the bank results and waiting for the interest rate peak. Pete Wargent of AllenWargent Property...
Nov 14, 2023•31 min
The nation's super funds will be able to widen the range of financial advice they offer under the new Future of Financial Advice legislation: What does it mean for you? In today's show we cover; how the market's second biggest fund - ART - plans to expand advice, the reality of super's little known inheritance tax, what is Nick Bolton up to at Magellan and can the ASX withstand the loss of major stocks? Anne Fuchs, executive general manager at the Australian Retirement Trust joins Wealth Editor ...
Nov 09, 2023•27 min
Everyone likes to think they know their own neighborhood: As a result ‘home bias’ is a major issue among property investors. For first-time investors the issue is acute: The first steps into property would be even more daunting if the investment was in a distant city. But staying at home - especially in Melbourne - may just mean missing the best opportunities. In today’s show, we cover : Making sure you are not being dudded by the body corporate Buying interstate - the pros and cons A cool respo...
Nov 07, 2023•38 min
We are on the cusp of the biggest handover of wealth in the history of the nation: A wall of money- estimated at $3.5 trillion - from both wills and super is about to transfer to the next generation. In Australia, we don't have an inheritance tax (though we do have an effective tax of 17 percent on money inherited through Super). With everyone living longer and the age of inheritance moving ever higher, the issue of 'impatience' is building with some investors not just anticipating future income...
Nov 02, 2023•38 min
The housing market is in a state of paralysis. Renters can’t find accommodation yet investors are moving their money out. There must be a way to revive the market for all concerned. In today’s show we examine a simple change to Capital Gains Tax that could breathe new life into this moribund market. Better still, such a tax change would not require cross-border agreement from the states and there is already a precedent tax rule in place since the days of the Howard government. In this episode we...
Oct 31, 2023•40 min
Ozempic is causing a sensation in the health industry: Originally a weight loss treatment, it is now clear the so-called GLP-1 drug can have positive effects on other health conditions such as diabetes. But for Australian investors, it means a string of household favorite stocks such as CSL and ResMed have been hit hard. Today we look at whether the 'Ozempic-sell off' may just be a rare opportunity to get into blue chips at a discount. In this episode we cover whether the market impact of Ozempi...
Oct 26, 2023•38 min
Across Australia home prices have lifted higher than anyone might have reasonably expected: it means millions of Australians have financial power locked up in their homes. Accessing home equity is one of the few ways the average investor can get to finance extra investments or settle financial emergencies without having to pay exorbitant credit card rates. In today's show we cover; how to use the equity in your home, how to compare market lending rates and do listed property trusts offer true di...
Oct 24, 2023•39 min
The legal structure around family trusts in Australia has just survived a double stress test in the courts where the ATO tried to make changes in the personal use of some assets: The case has now been turned away for a second time on appeal and for now the coast is clear. Is a family trust worth exploring? Can we assume the legal structure widely used by business owners, farmers, and wealthy investors is now secure? In today's episode, we cover: Family Trusts - what you need to know Capital Gain...
Oct 19, 2023•26 min
With a rental shortage across the major cities, new research has revealed there are more than 600,000 spots across urban Australia where owners could install a residential unit such as a 'granny flat'. At a stroke, such a change would change the dynamics of the market - not to mention the household income of many Australians struggling to come to terms with the reality of the current market. In today's show we cover; the powerful potential of the 'granny flat', rules and regulations around indep...
Oct 17, 2023•28 min
The government has finally outlined the details of the new super tax and it will hit many more investors than forecast initially. In particular the effective 30 per cent tax on amounts above $3 million will hit middle-income property investors where the bulk of the assumed value of their super fund may be taken up with an investment mortgage. In today’s show we cover; ‘T bill and chill’ - is cash and fixed income good enough now, three bad years in a row for bond ETFs, cashing out annual leave a...
Oct 12, 2023•43 min
This year’s immigration intake means a city the size of Newcastle has effectively arrived looking for accommodation within the nation’s existing housing stock - and it’s the key reason rental incomes are soaring and vacancy rates are close to one per cent. Moreover, there is very little to suggest the scenario of demand greatly outweighing supply will change over the next three years. In today’s show we cover; the very strong outlook for rental investment property, why house prices can keep risi...
Oct 10, 2023•31 min
Andrew “Twiggy” Forrest’s moves into renewables and Laurence Escalante’s VGW gaming empire are interesting insights into where some of the wealthiest names in business are seeing the future. Should you follow them? Would you invest? Plus Bruce Mathieson on Endeavour and Alex Waislitz’s foresight on interest rates. In today's show, we also cover: SMSFs v APRA funds and how CGT impacts your final super balance. Will Baby Boomers retirement see our nation’s super-pot start to reduce? Non-concession...
Oct 05, 2023•35 min
Victoria is the first Australian state to legislate a levy on revenue generated from short term accommodation platforms such as Airbnb and Stayz. The 7.5 per cent levy will commence from 1 January 2025 as is an attempt to tackle the ongoing rental crisis, which many politicians blame on the rise in popularity of short term letting platforms such as Airbnb. Although Victoria will be the first to implement an 'Airbnb tax', other states have already flagged their intention to review, and most likel...
Oct 03, 2023•38 min
Uranium exchange-traded funds have increased 20 percent in value over the past month and are up 50 percent over the past 6 months, making uranium a standout metal commodity for 2023. Given that Australia is not pro-nuclear power, it is easy to forget about uranium in an investment portfolio. However, Australia has around a quarter of the world's uranium deposits and several strong uranium mining, exploration, development and production companies on the ASX . We discuss the opportunity with urani...
Sep 28, 2023•32 min
How do you successfully manage a property - or a string of properties? There are multiple risks and pitfalls in running a portfolio, but with a little forward planning you can optimise your assets. In today's show we cover; whether to manage property by yourself or with a professional, dealing with a body corporate, assembling a team of professionals, and the secrets of buying interstate. Stuart Wemyss of ProSolution Private Clients joins Wealth Editor James Kirby for this special series episode...
Sep 26, 2023•29 min
The Australian publishes its annual Top Financial Advisors list this week - and it's the perfect time to find out how to select a financial adviser. In today's show we cover; how to choose a financial adviser, how much should you expect to pay, is there a way to sidestep rogue operators, and what you should expect from a top-end adviser. Sarah Abood, Chief Executive of the Financial Planners Association of Australia, joins James Kirby, Wealth Editor of The Australian, on today's episode. See omn...
Sep 20, 2023•32 min
How do you choose a home loan? What's on the menu...and how on earth do you pick the package that is best for you? In today's show we cover; how to get a basic home loan, selecting between fixed and variable, offsets and interest-only, and moving beyond the 'Big Four' banks. Sally Tindall the Research Director at comparison service RateCity joins Wealth Editor James Kirby for this special series episode. See omnystudio.com/listener for privacy information....
Sep 19, 2023•29 min
In the past share market investors built their portfolios with individual stocks with a bias toward bluechip banking and mining companies. But today with so many low-cost ETFs available, there has been an evolution in professional portfolio construction with a move towards an ETF-based core/satellite approach. The core component targets the average share market return through low-cost ETFs while the satellite component tries to outperform the market with 5 to 10-year themes. We cover how many ET...
Sep 14, 2023•36 min
