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 cash01:15 - Steve's reaction to ban announcement02:13 - The rise of surcharges04:01 - Do prices go up05:25 - What goes into a surcharge08:06 - 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