Summer Series Part 6: Property
Australian Finance Podcast
How Much Deposit Is Really Needed
Owen explains deposit misconceptions, 5% schemes, and reasons industry favors 20% to avoid LMI.
Welcome to The Australian Finance Podcast Summer Series — your ultimate kick-start to the new year!
Across 10 bite-sized episodes, hosts Owen Rask and Gemma Mitchell help you reset your money mindset, build solid financial foundations, and make 2026 your best money year yet.
Plus — they’re putting their own tips to the test with the “Finders Keepers Challenge”, tracking how they each plan to find, save, or earn $10,000 by the end of 2026. Who will come out on top? Follow along and join the challenge yourself.
In this episode, we cover:
- What's the average price of a house? $850k.
- How much deposit do I really need? Not 20%.
- What does supply v demand actually mean?
- Do I have to buy a house to be wealthy?
- Will there ever be a time when houses are manageable?
- What experts you might need when buying a house
If you want to build confidence with your money, simplify your finances, and get ahead before 2026, this series is for you.
Resources for this episode
Australian property market in 2025: bubble warning?
Debt course- FREE rask course :https://education.rask.com.au/courses/debt-course/
Buy Gemma’s book “The Money Reset”- https://amzn.to/42Uz0aK
Ask a question (select the Finance podcast): https://bit.ly/R-quest
Show partner resources
Join Pearler using code “RASK” for $15 of Pearler Credit
Get 50% off your first two months using PocketSmith
View Betashares range of funds
Rask resources
Follow us on social media:
Instagram: @rask.invest
TikTok: @rask.invest
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
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