The Finance Show With Joe

On paper the Australian economy is doing fine. Not good, not bad, just okay. Despite that, Brian and Michael are feeling the pinch of a stalling economy and wondered if everyone was feeling that way. The boys discuss per-capita recessions and what they mean. Once again, the boys discover that while on paper we are no longer in a per-capita recession, it certainly doesn’t feel that way. So why do we feel poorer in Australia? Because the world is experiencing an economic downturn ...

The controversial $3 million superannuation tax has sparked fierce (if not overblown) debate across Australia, with important questions about fairness, implementation challenges, and political accountability taking centre stage. Targeting roughly 80,000 Australians (0.5% of the population) with super balances exceeding $3 million, this policy increases their tax rate from 15% to 30%. While Michael argues it affects only the wealthy, he admits there are several flaws that shouldn't be ignored...

Joe and Michael explore how Trump's tariffs are reshaping the Australian economy through currency devaluation, interest rate changes, and property market shifts, with surprising benefits for some and challenges for others. Overall, these won't affect Australia too negatively, in fact, they might actually improve things for the Australian economy as we look to other markets, particularly China and Europe. Follow us for more property news and mortgage advice! ▸Website - https://...

Australia's housing crisis has reached a breaking point, forcing all political parties to place housing policy at the forefront of their election platforms. In this episode, we dissect the competing visions for solving Australia's housing affordability crisis, exploring whether any party has realistic solutions to the mounting pressure. Labor's ambitious promise of 1.2 million new homes by 2030 sounds impressive, but we examine whether this target is achievable given construction industry co...

The long-awaited 0.25% interest rate cut from the Reserve Bank of Australia has finally arrived, bringing welcome relief to homeowners after rates reached their highest point in 15 years. But beyond the modest monthly savings—about $180 for the average New South Wales mortgage holder—lies a much more significant opportunity that savvy Australians shouldn't overlook. First-time buyers with median NSW salaries now have an additional $12,000-$14,000 in borrowing capacity, potentially bridging t...

The boys kick off the new year with a recap on the financial activity we saw over Christmas. All we can say is don't make your settlement date during the holiday period! Moving into the world of personal loans and debt consolidation, we dissect the growing trend of managing multiple debts post-holiday season. The episode takes a deeper look at the changing travel landscape and the impact of gambling on financial decisions. With major airlines altering services and competit...

Damien joins us in this episode, the longest-standing member of It's Simple Finance, who stumbled into the world of brokering after an unexpected encounter at a wedding. With Damien, we explore Sydney's wealthiest suburbs to uncover the concept of "good debt" and how strategic financial planning with accountants can maximize tax efficiency and bolster property portfolios. Shifting our lens to the broader economic landscape, we ponder the Reserve Bank of Australia's potential interest ...