BONUS EPISODE!

Ben asks all the smart questions and Pete unpacks Budget 2024 in 15 minutes!

Key Takeaways:

• The 2024 Budget offers immediate financial relief for individuals through tax cuts, HECS debt readjustments, and energy bill rebates.

• There is an emphasis on sustaining economic measures that will not exacerbate inflation, keeping in mind the impact on the Reserve Bank's interest rate decisions.

• Long-term considerations include structural deficits due to ongoing commitments and whether future tax increases or service reductions might be necessary.

• The government's forward-facing plans, such as the Future Made in Australia initiative, aim to shift the economic focus towards sustainable and clean energy.

• The complexity of government budgeting is compared to personal finance management, highlighting the need for a balance between current benefits and future stability.

Join the Money: Faith and Finance Group on Facebook here!

Always love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.

Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/

See omnystudio.com/listener for privacy information.

Special guest is Nelson Hsieh, a New Testament expert with Tyndale at Cambridge who has a detailed interest in digital currency. Pete and Ben ask the basics about cryptocurrencies before hearing more about Nelson's take on "Would Jesus buy Bitcoin?" Nelson explores issues of accessibility and control of currencies, as well as challenging assumptions about who can create what we tender.

Nelson S Hsieh is a Research Associate in New Testament Text and Language at Tyndale House, Cambridge. He is a Graduate Student, Systematic Theology, of Southern Baptist Theological Seminary.

More from Nelson Hsieh:

• Should Christians Condemn Bitcoin or Embrace it? (Sola Network)

Discover more on topics raised by Nelson:

• Women in Middle-East accessing bank accounts
• How many computers mining Bitcoin?
• Refugees flee warfare carrying Bitcoin (also, here).
• Alexei Navalny receives Bitcoin donations to counter Vladimir Putin.
• Notes no longer convertible into gold – Australia

Join the Money: Faith and Finance Group on Facebook here!

Always love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.

Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/

See omnystudio.com/listener for privacy information.

Saving is simple. Isn't it? There are so many hacks around for the best ways to save but is that just overcomplicating matters? Pete and Ben cut to the chase with saving and tell you what it means to save at each age and stage. While taking a look at term deposits, superannuation, offset accounts and other avenues, the Money Men consider Jesus' advice on saving (see Matthew 6:19-24).

Join the Money: Faith and Finance Group on Facebook here!

Always love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.

Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/

See omnystudio.com/listener for privacy information.