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 financial

Plus we chatted to Emma Duffy, editor of Your Investment

And all the latest news, of course.

00:00-01:26 – Intro

01:26-03:22 – Savings Tips of the Week: Google Lens &

03:22-06:16 – RBA holds cash rate at 4.35%

06:16-08:55 – ACCC gets tough on Woolies & Coles’

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 records

18:12-34:38 – What Rabobank is all about, with Julie

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