Australian Property Podcast

In this episode of The Australian Property/Business Podcast, Rask's Chief Investment Officer Owen Rask and Alex Luck, co-founder of Everest Wealth, answer your financial planning questions and tip-toe around the important topics of Super and insurance. Every week, Rask's panel of experts answer your questions, no matter which channel you list to. ASK YOUR QUESTION: https://bit.ly/3QtiY00In this episode, Owen Rask & Alex Luck cover: 1. How much does it cost to get financial advice and how does it work? 2. What are the most common 'problem areas' in someone's financial life?3. Can I claim on two insurance policies at once? Trauma/Critical Illness and Income Protection 4. Do I pay tax if I don't get dividends or sell my shares? 5. Why is Owen/Rask no longer bullish on Core Lithium (ASX: CXO)? Because we never liked it! 6. How can I invest for my kids? ~~ 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

The RBA has just raised interest rates... on Melbourne Cup day!In this 2 Sense episode of The Australian Property Podcast, six-time author Pete Wargent and Blusk founder Chris Bates are BACK to cover the RBA's news and more.Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!In this week's episode, Chris and Pete cover: The rate rise we had to have? RBA lift rates 0.25% Foreign buyers are returning to property - what does it mean? Regional properties are back... or are they? Resources you'll love Rask Invest - 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 Resources: Pete's blog on RBA raises:https://petewargent.blogspot.com/2023/11/rba-hikes-rates-to-435-per-cent.htmlAre global rates peaking?https://petewargent.blogspot.com/2023/11/global-interest-rates-peaking-out.htmlForeign buyers are back?https://www.macrobusiness.com.au/2023/11/foreign-raiders-launch-fresh-assault-on-australian-property/INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

In this episode of The Australian Property Podcast, buyers agent Amy Lunardi and Chief Investment Officer Owen Rask tackle the hardest question for property buyers: is the Australian property market really getting away from you?How do you know if property prices are getting away from you, or if you just think they are? Amy Lunardi has a 6-point self-reflection checklist: Have you stress-tested your property brief? Are you being too fussy? Have you adjusted to the market? Are you being proactive with real estate agents? Are you treating the property search as a job or a hobby? Do you *really* feel confident in what you are doing? If in doubt, consider seeing a professional! This is a fantastic Australian Property Podcast episode for anyone looking to buy a property. ~~ Resources you'll love ~~ Rask Invest - 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 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

In this 2 Sense episode of The Australian Property Podcast, six-time author Pete Wargent and Blusk founder Chris Bates are BACK!Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!In this week's episode, Chris and Pete cover: Are developers deliberately worsening the rental crisis? Economists have released their 2024 property price forecasts... and it's looking up, and Who's still spending on property and travel? Resources you'll love Rask Invest - 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 Resources: Developers pumping rents: https://www.macrobusiness.com.au/2023/10/developers-deliberately-worsen-australias-rental-crisis/PropTrack Q3 Rental Report:https://petewargent.blogspot.com/2023/10/rental-crisis-to-worsen-again.htmlAFR: Economists tip price rises in 2024:https://www.afr.com/property/residential/economists-tip-property-prices-to-rise-8pc-in-2024-20231024-p5eepfThe Australian: splashing on property & travel:https://www.macrobusiness.com.au/2023/10/developers-deliberately-worsen-australias-rental-crisis/INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Buying a property is always a smart decision...right?When it comes to our money, the best financial decision isn't always the decision that's going to bring us the most happiness, so it's really important to check back in with our goals and values.In this episode of the Australian Property Podcast, Amy Lunardi chats with financial educator and author of Buying Happiness, Kate Campbell, about how to enjoy the first home-buying process and not postpone our happiness until we reach the destination.Resources you'll love Rask Invest - 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 Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Buy Buying Happiness Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

In this 2 Sense episode of The Australian Property Podcast, property coach Pete Wargent and Australia's top mortgage broker Chris Bates take on the top 3 property stories of the week.On The Australian Property Podcast this week: Australia home ownership to fall? Where property demand is set to soar Harry Triguboff pleads for no rate hike as insolvencies soar Resources you'll love Rask Invest - 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 Ownership to fall: https://www.macrobusiness.com.au/2023/10/home-ownership-dream-fades-to-black/Property demand to soar: https://www.afr.com/property/residential/where-property-demand-is-set-to-soar-20231019-p5edifTriguboff pleads for no rate hike: https://www.theaustralian.com.au/business/triguboff-pleads-for-no-rate-hike/news-story/bebd59bb1fd88aaf9f59944925c44751INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

On this episode of The Australian Property Podcast, Mortgage Broker Chris Bates is joined by Carlos Cacho, Chief Economist at Jarden. Carlos and Chris will be giving us their litmus test on the market, economic expectations, policy, and prices.On this episode: Banking and borrowing capacity What we are seeing in the rental market & what we think will happen How the wealth transfer is effecting property buyers Immigration and housing supply Drivers of supply and demand for housing Inflation expectations Housing policy What we are seeing in the construction sector Monetary Policy and mortgage stress Refinancing - how this has given home buyers a bit of a cushion to offset some rate hikes Tailwinds that could face Regional vs capital cities Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Welcome to the latest edition of 2 Sense on the Australian Property Podcast, where we break down the biggest news headlines of the week and tell you what this really means for you.Mortgage Broker Chris Bates and Buyer's Agent Pete Wargent discuss mortgages swallowing 1/5 of households, overseas students driving migration, and investor exodus in Sydney and Melbourne. Story 1: Mortgage monster swallows 1 in 5 households The cash rate target has gone to 4.1%, and may even rise further and repayments exceed incomes in some households  Why? Overstretched? Over-leveraged borrowers? Other costs of living have soared What next? Unemployment up? Arrears up? Defaults? Forced selling? Story 2: Indian Students migrating to Australia and Canada Population growth is at record highs – a huge driver is the return of international students India is taking over from China and is a key driver of population growth India is a different economy from China, and won’t need as much of our minerals  SQM reports that rental vacancies are going to hit all-time lows in October  What next? Population growth should normalise once student figures normalise Story 3: Investor exodus gathers steam in Melbourne and Sydney More stock listings are accounted for by investors selling off Where? Mainly Melbourne especially inner Melbourne  Why? Cashflow sensitive, offloading underperforming assets (and Melbourne units have been) What next? Investor financing is actually also rising, so it’s a tug of war in both directions. New listings are up, but are being absorbed too. Australian Property Podcast resources: Story 1 Story 2 Story 3 Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

On this episode of The Australian Property Podcast, expert Buyers Agents Pete Wargent and Amy Lunardi are giving you a crash course of everything you need to know about building and pest inspections.We're covering:What building inspections are for and what they cover: Major defects Minor defects Safety hazards Which properties to get one on? When to do them? Questions to ask your inspector before engaging them Questions you can ask the inspector/should ask after the inspection Should you go with them? How to find an inspector Buying existing reports Limitations of building inspections Determining repair costs Other inspections (plumbing, structural, moisture) Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Welcome to the latest edition of 2 Sense on the Australian Property Podcast, where we break down the biggest news headlines of the week and tell you what this really means for you.Mortgage Broker Chris Bates and Buyer's Agent Pete Wargent discuss the housing shortage forcing people to turn to granny flats, property investors driving a mortgage rebound, and why 1/3 of builders are losing money.Story 1: Desperate Aussies turn to granny flats CoreLogic economist Eliza Owen notes the following reasons why the rental market is still so high: (1) a shortfall of rental listings at a time when people are once again migrating to Australia in big numbers, (2) a growing desire among people post-pandemic to live in bigger homes with fewer people and (3) shortfall in investors building new properties for renters as interest rates have risen. Not such good news for renters in the short term as there's going to be some pain as we continue to see strong flows of net overseas migration. What's next? Story 2: Property investors drive mortgage rebound According to the Australian Bureau of Statistics (ABS), overall mortgage commitments rose by 2.2% in August, with owner-occupier commitments rising by 2.6% and investor mortgage commitments rising by 1.6%. The rebound in overall mortgage growth is being driven by investors, with the value of investor commitments almost back at the 2015 peak. While a higher than usual share of investors are selling, there are also more investors purchasing The situation facing property investors should also improve over the coming year given the rental market is experiencing record tightness, population growth is booming, prices are rising, and reduced construction levels. What's next? Story 3: A third of large builders are losing money Despite talk of greedy developers, many are going bust, and a third of larger developers are burning negative cashflow according to the FSR released by the Reserve Bank of Australia. Materials cost inflation slowed to 0.2% in the September quarter (Coredell), but wages are still under pressure due to skills shortages across the construction sector because of thin margins, leverage, rising interest rates, and soaring costs. It is expected to have more insolvencies, undersupply, unit rents to rise, and units to outperform for the next year or two in the capital cities. Australian Property Podcast resources: Story 1 Story 2 Story 3 Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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