Friends With Money

In this episode of the Friends with Money podcast, we explore the housing crisis in Australia and how renting out spare bedrooms could help provide more affordable housing. Money's Ryan Johnson joins host Managing editor, Vanessa Walker, to discuss the housing shortfall in Australia. They talk about the factors contributing to the crisis, including lagging construction and policies that favour investors over first-time buyers. Ryan explains how the 13 million unused spare bedrooms across Australia are an untapped resource that could help ease supply constraints. We learn who owns these spare rooms, the barriers keeping them from renting them out, and how policies could incentivise making better use of this latent housing supply. Key Takeaways: 2:30 - There is a 250,000 home shortfall between housing needed and current supply. Construction isn't keeping pace with demand. 5:15 - Older Australians own most of the 13 million unused spare bedrooms, often in large, empty nest homes. 8:00 - Emotional barriers like safety concerns and desire for privacy have kept seniors from renting out rooms. 10:30 - Clarification on how capital gains tax applies when renting out part of a home. 13:00 - How rental income affects pensions - calls for policy tweaks to incentivise room rentals. 15:30 - Bank now counts rental income toward mortgage eligibility. To learn more about Australia's housing crisis and the spare bedroom solution, be sure to listen to this insightful episode! #friendswithmoney #vanessawalker #ryanjohnson #housingcrisis #sparebedroom Listen on Apple Podcasts [https://apple.co/3mV0Cbr] Listen on Spotify [https://spoti.fi/3fSPI2h] Money Website [https://moneymag.com.au] YouTube Podcast Playlist [https://www.youtube.com/playlist?list=PLrvCe5FhuuSn2KNn_oKLjDDH_Ls5rSQbz] Email Us: podcast@moneymag.com.au [podcast@moneymag.com.au] Get stories like this in our newsletter: bit.ly/3GDirbR [bit.ly/3GDirbR] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

In this bonus episode of the Friends With Money Podcast, Michelle Baltazar, editor-in-chief of Money magazine, chats with Stephen Dover, chief market strategist at global fund manager Franklin Templeton, which manages more than $2.35 trillion in assets globally. They explore the implications of the 'Big Beautiful Bill'—a significant tax bill aimed at reducing dependence on imports, boosting jobs, and fostering economic growth through tax cuts and regulatory changes.  They also discuss how Trump's new tariffs could impact Australian investors. #friendswithmoney #michellebaltar #stephendover #trumpstariffs Listen on Apple Podcasts [https://apple.co/3mV0Cbr] Listen on Spotify [https://spoti.fi/3fSPI2h] Money Website [https://moneymag.com.au] YouTube Podcast Playlist [https://www.youtube.com/playlist?list=PLrvCe5FhuuSn2KNn_oKLjDDH_Ls5rSQbz] Email Us: podcast@moneymag.com.au [podcast@moneymag.com.au] Get stories like this in our newsletter: bit.ly/3GDirbR [bit.ly/3GDirbR] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

The age pension can be a crucial part of the financial mix in retirement, but many retirees aren’t unlocking its full potential. On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Andrew Dinsdale-Scanlon from TelstraSuper Financial Planning to run through the financial strategies that could help Australians maximise their age pension entitlements. 00:00 Introduction 00:41 Overview on maximising the age pension 01:48 Strategies to reduce assets 03:31 Spousal contributions 05:13 Understanding lifetime pensions 08:07 The impact of debt on the age pension 09:49 Conclusion #friendswithmoney #tomwatson #andrewdinsdalescanlon #agepension #superannuation Listen on Apple Podcasts [https://apple.co/3mV0Cbr] Listen on Spotify [https://spoti.fi/3fSPI2h] Money Website [https://moneymag.com.au] YouTube Podcast Playlist [https://www.youtube.com/playlist?list=PLrvCe5FhuuSn2KNn_oKLjDDH_Ls5rSQbz] Email Us: podcast@moneymag.com.au [podcast@moneymag.com.au] Get stories like this in our newsletter: bit.ly/3GDirbR [bit.ly/3GDirbR] *Proudly brought to you by Telstra Super  Disclaimer: Andrew Dinsdale-Scanlon is a financial adviser with Telstra Super Financial Planning Pty Ltd ABN 74 097 777 725 AFS Licence No. 218705. TelstraSuper Financial Planning provides financial advice service to members of TelstraSuper ABN 85 502 108 833. Telstra Super Pty Ltd ABN 86 007 422 522 is the trustee of TelstraSuper and wholly owns TelstraSuper Financial Planning. Advice that Andrew gives is of a general nature and does not take into account the particular circumstances or needs of any specific person and because of that, you should consider your own circumstances before acting on any advice . Additionally, the scenarios discussed are based on the relevant superannuation rates and thresholds for 2024/25 and may change in future years. If you are considering acquiring a financial product from TelstraSuper you should read the relevant product disclosure statement and target market determination before making a decision which are available at www.telstrasuper.com.au [https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Furl.uk.m.mimecastprotect.com%2Fs%2FMBKAC3QJlC4AXLZSq0j-M%3Fdomain%3Dtelstrasuper.com.au&data=05%7C02%7CMichael.Lynch2%40issmarketintelligence.com%7C10b7a5285a2d4f458c1208dda7d5937b%7Cb8e2ba7483504c69a274b5a5f839cbef%7C0%7C0%7C638851258260699423%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=xWBSEExqODlb1JoyxPmBOd2K3KbQlDNOi3YZmuW9sSE%3D&reserved=0]. The financial services guide for TelstraSuper Financial Planning is available at www.telstrasuper.com.au [https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Furl.uk.m.mimecastprotect.com%2Fs%2FMBKAC3QJlC4AXLZSq0j-M%3Fdomain%3Dtelstrasuper.com.au&data=05%7C02%7CMichael.Lynch2%40issmarketintelligence.com%7C10b7a5285a2d4f458c1208dda7d5937b%7Cb8e2ba7483504c69a274b5a5f839cbef%7C0%7C0%7C638851258260715882%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=ZixqRQW%2BMB2jlZoAluEzZHSN1PYpD1tYeRirorf9k90%3D&reserved=0] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Curious about the latest Consumer Price Index data and its impact on interest rates? Join Money's Michelle Baltazar and Ivan Calhoun, chief economist at Creditor Watch, on our bonus Friends With Money podcast episode. Get the latest on the recent CPI numbers and the upcoming RBA’s rate decision. Listen on Apple Podcasts [https://apple.co/3mV0Cbr] Listen on Spotify [https://spoti.fi/3fSPI2h] Money Website [https://moneymag.com.au] YouTube Podcast Playlist [https://www.youtube.com/playlist?list=PLrvCe5FhuuSn2KNn_oKLjDDH_Ls5rSQbz] Email Us: podcast@moneymag.com.au [podcast@moneymag.com.au] Get stories like this in our newsletter: bit.ly/3GDirbR [bit.ly/3GDirbR] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

In volatile markets, is there anywhere you can safely invest your hard-earned cash? In this episode of the Friends With Money Podcast, Michelle Baltazar, editor-in-chief of Money Magazine, discusses the concept and benefits of Global Private Credit with Nehemiah Richardson, chief executive and managing director at Pengana Credit. The discussion centers around why diversification, especially in financial uncertain times, is important and how Global Private Credit can offer attractive investment opportunities. They also touch on how retail investors can access this asset class and introduce Pengana's TermPlus product.  00:19 Market whiplash and diversification 00:56 Understanding Global Private Credit 01:51 Investment characteristics and benefits 04:14 Risk mitigation and manager selection 06:17 Local vs. global private credit 10:12 Innovations in global private credit 10:56 TermPlus: A new investment product 14:37 Final thoughts and advice #friendswithmoney #michellebaltazar #nehemiahrichardson #pengana #globalprivatecredit Links:  https://termplus.com.au/ Listen on Apple Podcasts [https://apple.co/3mV0Cbr] Listen on Spotify [https://spoti.fi/3fSPI2h] Money Website [https://moneymag.com.au] YouTube Podcast Playlist [https://www.youtube.com/playlist?list=PLrvCe5FhuuSn2KNn_oKLjDDH_Ls5rSQbz] Email Us: podcast@moneymag.com.au [podcast@moneymag.com.au] Get stories like this in our newsletter: bit.ly/3GDirbR [bit.ly/3GDirbR] **Proudly brought to you by Pengana Capital Pengana Capital Limited (Pengana) (ABN 30 103 800 568, AFSL 226 566) is the issuer of units (Term Accounts) in TermPlus (ARSN 668 902 323).  Any advice provided is general in nature and does not take into account your particular objectives, financial situation or needs.  You should consider the PDS [https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fprotect.checkpoint.com%2Fv2%2F___https%3A%2Ftermplus.com.au%2Fpds%2F___.Y3A0YTpwZW5nYW5haG9sZGluZ3M6YzpvOmQ5YTBjZGMwMGU3ZTk3ZmZjY2VkODcxMjc4YTU3NmNkOjY6N2IzODoxZmMyZjRhZGI4ZDhkYjdiZTUxMzg5N2FiNzI3MjAzODVhZjRjZThiZWVlMTk5OGJkY2RiNzRiODEzMTgwMWU0OnA6VDpO&data=05%7C02%7CMichael.Lynch2%40issmarketintelligence.com%7C33f6289d3dfd41eff6b508dda4aa7a69%7Cb8e2ba7483504c69a274b5a5f839cbef%7C0%7C0%7C638847774325437497%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=7YsH3ofeN9kwlLp9NQbdspAX3zRAXHKoL2GC8vGUVK0%3D&reserved=0] and TMD available at www.termplus.com.au [https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fprotect.checkpoint.com%2Fv2%2F___http%3A%2Fwww.termplus.com.au___.Y3A0YTpwZW5nYW5haG9sZGluZ3M6YzpvOmQ5YTBjZGMwMGU3ZTk3ZmZjY2VkODcxMjc4YTU3NmNkOjY6YTdlZDo1NjNhZWU0NjFiMDE3Y2Y0MWI1YzIyNDc5Yjg2ZGU1YjgyNGI2YjI1MjZmZTIzMTBjMGM2MjE5ZWU0YmFiYTA0OnA6VDpO&data=05%7C02%7CMichael.Lynch2%40issmarketintelligence.com%7C33f6289d3dfd41eff6b508dda4aa7a69%7Cb8e2ba7483504c69a274b5a5f839cbef%7C0%7C0%7C638847774325462652%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=9ixLwg%2B%2FCjtYPOvGhF6kcIecwMQCTErX8jvVP09L4lA%3D&reserved=0] before investing in TermPlus.  For further details, please see the Important Information page at www.termplus.com.au/important-information/ [http://www.termplus.com.au/important-information/].   See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.