Australian Property Podcast

Welcome to this Rask listener story episode with Callum.

This is a deep dive into the journey of someone in our community. We’ll talk about overcoming their fears and uncertainties, the failures and the successes they had with money, business and investing. These episodes are designed to tell a story, rather than be a source of financial expertise. By telling your stories, my hope is that we can bring the Rask community closer together and allow you to feel welcome, not matter what brought you here. 

If you want to share your own story or simply reflect on the stories of others, head over to the free Rask community and send me a message. I’d love to hear from you. 

Rask Community: https://bit.ly/rask-com

~~ Key resources for this episode ~~

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!

In this week’s episode, Chris and Pete cover: 

1 – Lending starts to pick up pace – our main focus this week

2 – Keep home ownership away from corporates

3 – Office values down 22% - worse than the GFC 

Episode resources

Rask community forum

https://community.rask.com.au/home

1 – Lending starts to pick up the pace

https://www.abs.gov.au/statistics/economy/finance/lending-indicators/latest-release

https://petewargent.blogspot.com/2024/09/lending-for-housing-surges-back.html

https://jamesfostermacro.blogspot.com/2024/09/australian-housing-finance-advances.html

2 – Keeping home ownership away from corporates

Q&A discusses housing (ABC)

https://www.youtube.com/watch?v=stFp5v_iJGw

https://www.theaustralian.com.au/business/property/keep-home-ownership-away-from-corporates/news-story/51b0e68abe1dfb2c76219793523f9c5c

https://www.macrobusiness.com.au/2024/09/welcome-to-the-high-density-housing-crash/

3 – Office values down 22% - worse than the GFC

https://www.afr.com/chanticleer/office-values-drop-22pc-in-two-years-when-will-they-bottom-20240906-p5k8ds

https://www.afr.com/property/commercial/remote-work-hits-office-values-harder-than-the-gfc-20240906-p5k8h5

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this Rask podcast listener story episode.

This is a deep dive into the journey of someone in our community. We’ll talk about overcoming their fears and uncertainties, the failures and the successes they had with money, business and investing. These episodes are designed to tell a story, rather than be a source of financial expertise.

By telling your stories, my hope is that we can bring the Rask community closer together and allow you to feel welcome, not matter what brought you here.

If you want to share your own story or simply reflect on the stories of others, head over to the free Rask community and send me a message. I’d love to hear from you.

~~ Key resources for this episode ~~

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!

In this week’s episode, Chris and Pete cover: 

1 – Spring selling season off with a bang

2 – Bottom of the cycle for building approvals

3 – Will the Aussie property market crash?

Episode resources

Rask community forum

https://community.rask.com.au/home

1 – Listings on the rise for spring

Listings up sharply in August (SQM Research)

https://sqmresearch.com.au/uploads/03_09_24_Total_property_listings_August_2024.pdf

Micro gluts in Melbourne (Cate Bakos)

https://www.catebakos.com.au/sundayblog/micro-glut/

2 – Bottom of the cycle for building approvals

https://petewargent.blogspot.com/2024/09/resi-building-approvals-turn-corner.html

https://jamesfostermacro.blogspot.com/2024/09/australian-dwelling-approvals-rise-to.html

https://hia.com.au/our-industry/newsroom/economic-research-and-forecasting/2024/08/new-home-building-set-to-increase

https://www.afr.com/property/residential/apartments-boost-housing-approvals-but-not-enough-20240902-p5k75u

3 – Will the Aussie property market crash?

https://www.forbes.com/advisor/au/property/will-the-australian-property-market-crash/

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Owen Rask is joined by Ben Sum, Head of Advice at Flint Group, for this Australian Property Podcast episode, to talk about the pros, cons and 'how-to' of using equity in your property for investing or a business loan.

Topics covered in this Australian Property Podcast episode:

~~ Key resources for this episode ~~

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!

In this week’s episode, Chris and Pete cover: 

1 – CBA cuts rates for new borrowers

2 – S&P mortgage arrears steady

3 – Australia introduces students cap at 270,000

Episode resources

Rask community forum

https://community.rask.com.au/home

1 – CBA cuts rates for new borrowers

https://www.abc.net.au/news/2024-08-24/why-banks-are-cutting-interest-rates-when-rba-isnt/104250592

https://realty.economictimes.indiatimes.com/news/international/australias-cba-cuts-interest-rates-on-some-home-loans-for-new-borrowers/112757306

https://www.reuters.com/business/finance/cba-cuts-rates-new-borrowers-re-igniting-mortgage-war-fears-2024-08-23/

2 – S&P arrears steady

https://www.mpamag.com/au/news/general/australian-rmbs-sector-shows-stable-arrears/502950

https://www.theaustralian.com.au/business/economics/sp-global-warns-high-interest-rates-and-rising-jobless-numbers-to-fuel-mortgage-arrears/news-story/a7d74b84f97021574c210b1c8a0a6727

https://www.theaustralian.com.au/business/financial-services/apra-restructures-divisions-as-new-prudential-priorities-revealed/news-story/0a48e17c46efb2bad3ab23245c3114be

3 – Australia introduces students cap at 270,000

https://www.bbc.co.uk/news/articles/cd734wed3y9o

https://www.theguardian.com/australia-news/article/2024/aug/27/albanese-government-international-student-cap-university

https://www.abc.net.au/news/2024-08-27/international-student-caps-higher-education/104274056

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Australian Property Podcast, Rask's founder and Chief Investment Officer Owen Rask gets behind the microphone to walk you through why it may make sense to exit property and use a diversified portfolio of ETFs (inside or outside of Super) to meet your income and growth needs.

Topics covered in this podcast:

Key point: It is not Super OR property or ETFs. But why not do a bit of everything?

~~ Good resources for this episode ~~

Owen's retirement write-up: https://www.raskmedia.com.au/guides/property-retirement-superannuation-shares

Invest with Owen (and PDS): https://bit.ly/R-invest

Book a call with Rask: https://calendly.com/mitchell-wswf/30min

Rask's retirement portfolio (click on "asset allocation"): https://invest.rask.com.au/invest-with-us/rask-terra

Free ETF course: https://education.rask.com.au/courses/etf-course/

ATO website (Super rules): https://www.ato.gov.au/Individuals/Super/In-detail/Growing-your-super/Super-contributions---too-much-can-mean-extra-tax/

Mortgage Broking: https://bit.ly/broke-rask

Financial Planning: https://bit.ly/R-plan

Property Coaching: https://bit.ly/R-P-coach

100-point property checklist (PDF): https://bit.ly/prop-check

Accounting with Grey Space: http://bit.ly/3DG5lWS

Business Coaching: https://bit.ly/o-coach

Ask a question: https://bit.ly/3QtiY00

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!

In this week’s episode, Chris and Pete cover: 

1 – Interest bill hammering the Aussie economy and homebuyers

2 – A greater risk for employees in Sydney

3 – Sydney metro opens in triumph!

Episode resources

Rask community forum

1 – Interest bill hammering homebuyers and the economy

2 – A greater risk for employees in Sydney

3 – Sydney metro opens in triumph!

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Gow is the highly regarded author, podcast host and blogger, best known by his brand, Strong Money Australia. He joins Owen Rask.

This is PART 2/2. For Part 1/2 with Dave and Owen, go here:

https://www.raskmedia.com.au/2024/08/19/dave-gow-seven-figure-share-portfolio/

Dave's background is a story of true grit and determination. Dave is known as the forklift driver who retired at 28. He did that using a detailed budgeting plan while investing in property and shares.

Dave's first book, Strong Money Australia: How to Gain Financial Independence and Create a Life of Freedom has sold over 20,000 copies, making it one of the most popular books on retirement in Australia.

In this episode, Owen and Dave talk about using debt to invest, whether Dave would choose property again, debt recycling and whether it makes sense to save money in an offset, or invest in shares.

~~ RESOURCES ~~

Get Dave's Book on Spotify: https://bit.ly/gow-book 

Get Dave's Book on Audible: https://bit.ly/dave-amazon 

~~ Dave's related posts online ~~

https://strongmoneyaustralia.com/should-you-borrow-to-invest-in-shares/ 

https://strongmoneyaustralia.com/debt-recycling-ultimate-guide/ 

https://strongmoneyaustralia.com/mortgage-vs-investing-vs-debt-recycling-at-higher-interest-rates/ 

https://strongmoneyaustralia.com/my-thoughts-on-die-with-zero-book-review/

~~ Owen's stuff ~~

Invest with Owen: https://bit.ly/R-invest

Access Show Notes: https://bit.ly/R-notes

Mortgage Broking: https://bit.ly/broke-rask

Financial Planning: https://bit.ly/R-plan

Property Coaching: https://bit.ly/R-P-coach

100-point property checklist (PDF): https://bit.ly/prop-check

Accounting with Grey Space: http://bit.ly/3DG5lWS

Business Coaching: https://bit.ly/o-coach

Ask a question: https://bit.ly/3QtiY00

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Pete Wargent joins the Australian Property Podcast to answer questions from the Rask community.

In this episode, Pete covers:

~~ Resources you'll love ~~

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Learn more about your ad choices. Visit megaphone.fm/adchoices