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!

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,

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.