Interested in the idea of investing regularly, but don’t have tons of cash to contribute? Micro-investing could be the solution.

This week on the Friends With Money podcast, Money’s Tom Watson is joined by Kylie Purcell, investments analyst at Finder, to run through the ins and outs of micro-investing.

They discuss:

• How micro-investing differs from traditional investing
• The major micro-investing apps and platforms in Australia
• Which assets investors can trade on micro-investing platforms
• Some of the benefits and downsides of micro-investing
• Micro-investing fees and the impact on returns

#friendswithmoney #tomwatson #kyliepurcell #microinvesting

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The RBA handed down a surprise cash rate decision on Tuesday, so why were rates held and what could be in store next month?

On this bonus episode of the Friends With Money podcast, Money’s Tom Watson is joined by Paul Bloxham, HSBC’s chief economist for Australia and New Zealand, to discuss the fallout from the RBA Monetary Policy Board’s July meeting.

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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

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