Australian Property Podcast

Callum, a community member and financial storyteller, shares his intriguing journey through the world of investing. He discusses overcoming early fears, the lessons learned from family about frugality, and the evolution from risky investments to diversified ETFs. Callum shares the emotional ups and downs of buying his first home in Perth, emphasizing the importance of community and professional support in navigating the market. He also highlights how starting early in investments can securely pave the way for financial success.

Lending activity is on the rise, hinting at a rebound in the market. Concerns about home ownership shifting towards corporate entities are hotly debated. Surprisingly, office values have dropped by 22%, revealing a market challenge even worse than during the GFC. The changing dynamics of buyer behavior and the critical shortage of construction workers are crucial topics as spring approaches. Tune in for insightful discussions on navigating these evolving trends in the Australian property landscape.

Reg, a valued member of the Rask community, shares his inspiring journey of overcoming fears and navigating financial uncertainties. He reflects on the impact of childhood separation and his lack of mentors. Reg discusses the power of podcasts and books in building courage, and he emphasizes the importance of obtaining sound financial advice. He also delves into using automation and ETFs for stress-free investing while highlighting notable literature that shaped his understanding of finances.

Spring has sprung, bringing a spike in property listings and buzzing buyer activity. The hosts dive into the current dynamics of the property market, analyzing the implications for major cities like Sydney and Melbourne. They reflect on rising living costs in NSW impacting consumer spending, and debate the likelihood of a market crash. Personal anecdotes add relatable depth to their insights. Stay tuned for trends, investment strategies, and expert advice to navigate these shifting waters!

Owen Rask is joined by Ben Sum, Head of Advice at Flint Group, for this Australian Property Podcast episode, to talk about the pros, cons and 'how-to' of using equity in your property for investing or a business loan.Topics covered in this Australian Property Podcast episode: Ben's successful background in entrepreneurship The moment Ben realised he should play #2 Using your property as security Equity for investment loans The risks of borrowing to invest or fund a business The difference between equity, debt and cash funding Ben's advice to consider before funding a business Why the bank could sell your family home if your business defaults or goes into liquidation ~~ Key resources for this episode ~~ Book a call with Flint: https://bit.ly/broke-rask Rask community (have your say!): https://community.rask.com.au/home ~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Ask a question: https://bit.ly/3QtiY00 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Interest rates are causing a stir, with the CBA cutting rates for new borrowers, sparking discussions around a potential mortgage war. Meanwhile, S&P reports steady mortgage arrears, hinting at stability amidst high rates. The introduction of a cap on international students at 270,000 raises eyebrows as it affects rental demand. Additionally, the shifting landscape of the property market reveals challenges for investors, as younger generations impact rental prices and demand evolves.

Owen Rask, founder and Chief Investment Officer of a financial education platform, shares his insights on transitioning from property to diversified investments. He discusses the advantages of ETFs for generating passive income in retirement, emphasizing their potential for higher yields compared to property. Owen dives into the nuances of industry superannuation funds and SMSFs, highlighting key factors for making informed choices. He underscores the importance of seeking professional advice and adopting a diversified strategy to strengthen financial security in retirement.

This discussion dives into the challenges faced by homebuyers due to rising interest rates affecting the economy. Sydney job risks are also highlighted, reflecting on the competitive mortgage landscape. The triumphant opening of the Sydney Metro is cheered, showcasing its potential impact on commuting and local property values. The episode blends humor with serious insights on real estate dynamics and the evolving travel landscape in Australia.

Dave Gow, a determined author and founder of Strong Money Australia, shares insights on financial independence and investment strategies. He discusses the merits of debt recycling, turning home loans into investment opportunities to maximize tax efficiency. Dave reflects on his journey from a forklift driver to retirement at 28, emphasizing smart budgeting and investing in property and shares. The conversation also explores shifting investment strategies and the significance of professional financial guidance in achieving lasting wealth.

Pete Wargent, an expert in property insights and investment strategies, shares invaluable knowledge on leveraging inherited properties for better investments. He discusses the recent unit sell-off trends in Sydney and Brisbane, providing keen insights for potential buyers. Wargent also delves into the practical savings and payback periods of solar energy systems in Victoria, highlighting their financial benefits. His multifaceted analysis offers critical strategies for navigating the Australian property market amidst evolving dynamics.