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The Money Puzzle

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YIMBY! Building in the backyard: the intergenerational breakthrough

09 Dec 2025

Contributed by Lukas

Everyone is feeling the squeeze of sky-high property prices: At the same time, state governments across Australia are actively encouraging 'densificat...

Die with zero: Why you should give it away sooner

04 Dec 2025

Contributed by Lukas

Why are you holding on to that investment property to help your kids buy a house one day? This question captures the broader concept raised by the 'Di...

Why fixing your mortgage rate means you will lose money

02 Dec 2025

Contributed by Lukas

Banks won't tell you if you're better off with a fixed-rate mortgage. But strong evidence shows most borrowers will lose when they bet against the ban...

Do I really need that much? The problem with superannuation calculators

27 Nov 2025

Contributed by Lukas

ASIC Commissioner Alan Kirkland is the top cop for consumers in the investment markets - and he wants you to know that those superannuation calculator...

The Olympic-sized property opportunity

25 Nov 2025

Contributed by Lukas

Anyone who remembers the powerful escalation in prices for the Sydney 2000 games does not need to be convinced that Brisbane is going to be a very goo...

Special Edition - Australia's Top Financial Adviser tells all

20 Nov 2025

Contributed by Lukas

Matthew Cassidy of Partners Wealth Group has just taken the top spot in this year's  Barron's Top 150 Advisers List. He offers a unique perspecti...

Lending limits return as a risk in a red-hot residential market

18 Nov 2025

Contributed by Lukas

It had to happen, just as the residential property market is rebounding, there are concerns that regulators may 'remove the punchbowl.' NAB has revive...

Private equity - Are you getting the crumbs from the table?

13 Nov 2025

Contributed by Lukas

The avalanche of unlisted private funds aimed at retail investors is at full tilt. It's been a seriously profitable activity for endowment funds:...

Nowhere to move: The hidden driver of rising house prices

11 Nov 2025

Contributed by Lukas

We tend to discuss the nation's rental crisis in terms of the difficulties faced by young renters: But a one per cent vacancy rate also means anybody ...

'Expense Creep': The silent killer of investment dreams

06 Nov 2025

Contributed by Lukas

Most active investors are pretty good at making money: After all, if they were no good at it, then they would leave the work to someone else. But what...

Why house prices will keep going higher... even without further rate cuts

04 Nov 2025

Contributed by Lukas

The focus might be on interest rates, but the outstanding driver for residential prices is the lack of supply: We already know home building is fallin...

The Critical Minerals boom - how to play it?

30 Oct 2025

Contributed by Lukas

Australian investors are perfectly placed to profit from the critical minerals boom.In fact, fortunes have already been made and lost on the market.No...

Time to think about fixing rates?

28 Oct 2025

Contributed by Lukas

It's hard to believe that during the Covid crisis, nearly half of all mortgages were being 'fixed' - today the level is less than 5 per cent. With eco...

Final cut on the new super tax

23 Oct 2025

Contributed by Lukas

The Treasurer has finally clarified how the revamped plans for the new super tax will work - including how Capital Gains Tax will work...it'...

Investors derailed! Hard lessons from Sydney Metro

21 Oct 2025

Contributed by Lukas

The opening of a 30 km new line across the middle of Sydney should have been a bonanza for investors; But one year later prices inside the rail c...

Is it too late to buy gold!?

16 Oct 2025

Contributed by Lukas

Gold price records are being smashed. Moreover, the volume of money being sunk into gold ETFs and gold miner shares is also reaching spectacular level...

Property investors brace for new super tax squeeze

14 Oct 2025

Contributed by Lukas

Investors who have held property as the backbone of their retirement portfolios will be the first in line for the new taxes on super…especially...

The common financial mistakes forcing people to work longer

09 Oct 2025

Contributed by Lukas

Most people worry about whether they have enough money to have a comfortable retirement. Financial adviser James Wrigley has a framework to help ...

Mortgage wars: why the banks are offering sweeter deals

07 Oct 2025

Contributed by Lukas

The major banks don’t usually offer big deals to first home buyers, usually because beggars can’t be choosers. But that's changing. There'...

The great wealth transfer: what you need to know before gifting money

02 Oct 2025

Contributed by Lukas

Many parents and grandparents want to be able to help their children, and do so while they’re alive rather than leaving a large inheritance. But...

How to pick a suburb ripe for booming house prices

30 Sep 2025

Contributed by Lukas

House prices across most capital cities are expected to rise over the next 12 months. So how do you pick which is the best one to buy an investment pr...

Is using an SMSF for property a million-dollar mistake?

25 Sep 2025

Contributed by Lukas

A generation of investors have used Self Managed Super Funds for property investment, but steadily the numbers have changed in this area with higher r...

Melbourne rebound - where are the bargains?

23 Sep 2025

Contributed by Lukas

The nation’s second biggest city is climbing out of a decade-long period of severe property price underperformance - so where are the opportunit...

Private markets - A beginner’s guide

18 Sep 2025

Contributed by Lukas

Private credit, private debt...it's boom time out there for unlisted markets but how do you walk the fine line between shooting in the dark and making...

Double tax on paper gains in property - welcome to the new super tax

16 Sep 2025

Contributed by Lukas

Inside the Self Managed Super Fund sector, it is professionals - such as auditors - who are on the front line: They will be dealing with valuatio...

My guest today is an AI bot

11 Sep 2025

Contributed by Lukas

It's looking very much like 2025 is going to be the year that Artificial Intelligence changes the investment sector beyond recognition. A hot spot of ...

How 'rentvesting' could work for you

09 Sep 2025

Contributed by Lukas

Renting where you live and investing your spare funds to maximise capital growth is steadily becoming a key factor in the residential market - especia...

Is becoming a Sophisticated Investor in your best interest?

04 Sep 2025

Contributed by Lukas

It sounds so good: Sophisticated Investor status is open to all investors who have enough money to get across the line. But did you know a financial a...

How to cut your mortgage costs...now

02 Sep 2025

Contributed by Lukas

A remarkable 100,000 Australians refinanced their mortgage to a better rate in the three months to June this year. If you have yet to join the party, ...

BONUS: Roger Montgomery's investment journey: from fish and chips to fund management

31 Aug 2025

Contributed by Lukas

Roger Montgomery is the founder of Montgomery Investment Management. While he is into adventure sports, when it comes to investing he's acutely focuse...

The ultimate solution to investment scams

28 Aug 2025

Contributed by Lukas

Investment scams empowered by AI are going to get worse in the years ahead - and no amount of regulation is going to stop 'bad actors' inside finance....

Fancy bidding against a super fund for your house?

26 Aug 2025

Contributed by Lukas

The Federal government is pushing big super funds into the housing market: That market is currently dominated by 'mum and dad' investors - Would big f...

Will the economic summit trigger wealth tax changes? 

21 Aug 2025

Contributed by Lukas

This week's economic summit coincided with a surprise move by the Albanese government to lift the deeming rate for the first time in four years: The m...

The return of the 'you can rent anything market'

19 Aug 2025

Contributed by Lukas

Immigration numbers were meant to float lower this year but a surprise pick up in numbers over the last few months coincides with a tightening of the ...

Warning on 'Free Super Reviews'

14 Aug 2025

Contributed by Lukas

The new super tax may dominate the headlines, but for most investors with less than $3m in super, a bigger headache is navigating increasingly risky m...

Is your home the worst investment you’ll ever make?

12 Aug 2025

Contributed by Lukas

If it wasn’t said by a top financial adviser, you might dismiss it as a quote out of context, but  Partners Wealth Group Jack Tossol is not...

BONUS: Investing Secrets from $1.5bn Fund Manager Jun Bei Liu

10 Aug 2025

Contributed by Lukas

 In this bonus episode of The Money Puzzle, The Australian’s Wealth Editor, Julie-anne Sprague, unpacks what it takes to be a great investo...

The retirement 'sweet spot' is under threat

07 Aug 2025

Contributed by Lukas

Inside the advice sector, they call it ‘the sweet spot’: The perfect amount of money to have in super that also guarantees you access to a...

Melbourne property rebound… it’s happening

05 Aug 2025

Contributed by Lukas

Property investors have watched the Melbourne market sink for a decade. But the tide is turning, early investors are being rewarded as the latest numb...

Special edition: How The Australian’s Wealth team invests

30 Jul 2025

Contributed by Lukas

In today's special edition to mark the online launch of The Australian's 'Wealth Vertical', wealth editor Julie-anne Sprague joins James Kirby to talk...

Public school zones are property goldmines...true or false?

29 Jul 2025

Contributed by Lukas

So the story goes, you buy inside the 'zone' of a top public school and your property purchase can only be a winner. Well actually... the numbers don'...

Buying shares when you should be selling?

24 Jul 2025

Contributed by Lukas

The markets are overheating : Records are being made on the ASX while profits are actually falling. As we inch towards the most dangerous time of...

Why house price forecasts are lifting even without a rate cut

22 Jul 2025

Contributed by Lukas

2025 started slowly for house prices - and the absence of a second rate cut mid -year might have cooled sentiment - but economists are now upgrading t...

Mushroom murders: Inheritance lessons

18 Jul 2025

Contributed by Lukas

The extensive wealth of triple murderer Erin Patterson is almost certain to now be the subject of claims from the estates of her victims: The extraord...

Buying off the plan property - should you ever?

15 Jul 2025

Contributed by Lukas

If buying off the plan property is so long associated with later problems, why do investors ever do it?Today we take a look at the value proposal&nbsp...

Two things you must do as the $US drops

10 Jul 2025

Contributed by Lukas

Is it the end of the US markets as we once knew them? No way! But the US dollar is fading and that creates a major shift in global investment markets....

Here comes the property rebound

08 Jul 2025

Contributed by Lukas

Rates are falling, demand is strong and rental vacancy levels remain at rock bottom: No wonder auction clearance rates across Australia are returning ...

Too good to be true? A closer look at the 10% return on the ASX

03 Jul 2025

Contributed by Lukas

Is it really this easy? You buy a share market index fund and it goes up by 10 per cent every year.....Hmm...Well, actually, the ASX 200 index is comp...

New financial year - Get ready to reset your portfolio

01 Jul 2025

Contributed by Lukas

It's the first week of the new financial year: Time to reset your portfolio for the year ahead. Hot share markets, patchy property prices and new rule...

Why AMP bought crypto (with Shane Oliver)

26 Jun 2025

Contributed by Lukas

Our recent show on crypto, which was openly sceptical about Bitcoin, triggered a storm of response from listeners who believe Bitcoin is a very worthy...

A surprise pocket of property opportunity

24 Jun 2025

Contributed by Lukas

The residential property market is about to be split into very clear segments thanks to a wave of generous home loan incentives. For investors, t...

A billion reasons to reconsider crypto

19 Jun 2025

Contributed by Lukas

One in three Australian investors now have crypto, and that includes an estimated $1 billion inside the SMSF sector alone.Bitcoin is up more than 40 p...

The Secret to Buying Your House

17 Jun 2025

Contributed by Lukas

Buyer's advocates spend their entire time professionally working on the business of buying residential property: As our guest today suggests: "It's bo...

The number 1 secret to selling your house

11 Jun 2025

Contributed by Lukas

McGrath’s Tony O’Doherty is one OF Australia’s top real estate agents: He has sold more than $270m worth of residential property ove...

Trumped or stumped…your sharemarket dilemma

10 Jun 2025

Contributed by Lukas

The second term of Donald Trump has been marked by a roller coaster global sharemarket: Even the biggest players among Australian industry funds are o...

Electric incentives...the sequel

05 Jun 2025

Contributed by Lukas

Our show on the incentives available (federal and state) on turning your home into a clean energy powerhouse brought in a flood of questions.Today we ...

Millionaire holiday home swap: The inside track

03 Jun 2025

Contributed by Lukas

One of the most original ideas in property investment is the ThirdHome group, a global exchange club for holiday home properties that opens up what in...

Plundering the ASX: Is private equity a problem?

29 May 2025

Contributed by Lukas

Everyday shareholders have always been at the back of the queue when it comes to takeovers, but this year global private equity players have clearly e...

Top end tips : Upmarket property unmasked

27 May 2025

Contributed by Lukas

pmarket property is, well, in a league of its own: Shane Smollen is a specialist in the area…and the creator of some of the most impressive her...

Special Edition: Your questions answered on new super tax

22 May 2025

Contributed by Lukas

Investors at all levels are up in arms over the new super tax largely because it is based on 'paper gains' and it will not be indexed for inflation. D...

Is property inside super doomed?

20 May 2025

Contributed by Lukas

Holding residential property inside your super fund has always been demanding - but also lucrative. Higher rates, higher deposits, and a shortage of l...

Gold: Can it keep going up?

15 May 2025

Contributed by Lukas

The hottest investment of the year has been one of the oldest known investments... Gold! It's increased at ten times the pace of the wider ASX 200 ove...

Electric incentives! : How you can optimise the financial incentives for clean energy from the new government

13 May 2025

Contributed by Lukas

The re-elected Albanese government is offering to effectively cut the price of home batteries for solar by half. That's on top of the generous tax inc...

New government : Investment risks and opportunities

08 May 2025

Contributed by Lukas

The ALP is back with a renewed mandate for government - what does it mean for your portfolio, or your SMSF or your investment property?In the space of...

Why 'rentvesting' doesn't work (for most people most of the time)

06 May 2025

Contributed by Lukas

It seems like a good idea - rent your home and buy an investment property where you can deduct the mortgage payments against your annual income tax.&n...

Super tax battle starts now (with Geoff Wilson)

01 May 2025

Contributed by Lukas

Fund manager Geoff Wilson is at it again...campaigning for investors against poorly designed tax changes...and this time he has a major fight on his h...

Tax - Are you being abused?

29 Apr 2025

Contributed by Lukas

When it comes to tax affairs, it's never easy: Many investors believe they do not get a fair deal: But some people clearly suffer financial abuse (whi...

Divorce…your financial guide

24 Apr 2025

Contributed by Lukas

You can spend half a lifetime working and investing only to hit a financial earthquake with a divorce. But there are ways to ensure the best poss...

How to build a cash buffer...fast

22 Apr 2025

Contributed by Lukas

The markets are wild and cash rates are dropping quickly at the major banks: Investors of every type need cash. Here's a guide for the investor who wa...

Why cash is king (with Chris Cuffe)

17 Apr 2025

Contributed by Lukas

The bargain hunters are in the market but many big funds and family offices are concentrating more on building cash: That’s because investment m...

Why property prices are ready to push higher

15 Apr 2025

Contributed by Lukas

Falling interest rates, a wild share market and an election campaign where both parties are falling over each other to throw money at first-home ...

Tariffs or no tariffs: Don't give up on Wall Street

10 Apr 2025

Contributed by Lukas

Yes, the current market crisis has been 'caused' by the US: You could say the same for the dot.com crash and the GFC. But is that an argument for...

Behind the sharemarket fall... your next move

08 Apr 2025

Contributed by Lukas

The share markets have dropped hard following a severe bout of selling by institutional investors, but share-broker data suggests that everyday invest...

Time to consider an SMSF?

03 Apr 2025

Contributed by Lukas

Trump's upending of world trade happens to coincide with challenging times for Big Super: The major funds face weak share markets while battling a ran...

Happy Liberation Day - Trump's turning point

01 Apr 2025

Contributed by Lukas

Donald Trump's unleashing of his tariff program through the Liberation Day plan has the share market reeling - and the US market is reeling the most w...

Sharing home ownership with the government: What could possibly go wrong?

27 Mar 2025

Contributed by Lukas

The 2025 Budget managed to squeeze in a few pre-election surprises. A teeny tax cut, a decision to 'do nothing' on pension access (with unchanged deem...

Property versus shares: we have a winner

25 Mar 2025

Contributed by Lukas

The tug of war between property and shares never ends: But for many investors, one area is more attractive. My guest in this episode has spent a lifet...

The Rich 250 list special : The inside track

20 Mar 2025

Contributed by Lukas

It now takes more than $600m to even feature on the Australian’s Rich 250:  But what does it take to build a fortune of that size in 2025? ...

The money puzzle wants to HEAR you

18 Mar 2025

Contributed by Lukas

One of the most popular features of the Money Puzzle podcast has been listener questions which we read on air: Now we want to hear you asking you...

Sharemarket sell off : What to do?

13 Mar 2025

Contributed by Lukas

It had to happen: Tariffs, recession indicators and an overpriced Wall Street: The sharemarket has taken a tumble. As luck would have it, the Money Pu...

The March 25 budget, standby for surprises

11 Mar 2025

Contributed by Lukas

Finally, after much flipping and flopping the government has decided to go ahead with a pre-election budget on March 25: What will it mean for your in...

Rocky share market signals it's time to take out the trash

06 Mar 2025

Contributed by Lukas

The US sharemarket has lost all of the gains it racked up since the Trump election and the spectre of a tariff war is casting gloom across global&nbsp...

Top-end property rebounds best after rate cut

04 Mar 2025

Contributed by Lukas

The upper end of the market - defined by properties which rank in the 25 per cent of most expensive sales - is the layer that is moving up after the r...

Key person risk: Musk, White & co…are they worth it?

27 Feb 2025

Contributed by Lukas

The superstar CEO is a complex package: You might love what they can do with the share price, but you might equally feel unsure about their behaviour ...

Why Queensland units are the future

25 Feb 2025

Contributed by Lukas

For many property investors stand-alone homes will always win: Similarly, there is an investor bias towards the metropolitan centres of Sydney and Mel...

Rate cut tipping point for investors

20 Feb 2025

Contributed by Lukas

Every investor needs to digest the changed direction of rates after the first cut in four years from the RBA: The headlines are all about mortgage cos...

Property investing and SMSFs - The facts

18 Feb 2025

Contributed by Lukas

For some investors a Self Managed Super Fund is their only entry point to the property market: But does it make sense? Stuart Wemyss of ProSolution Pr...

Dangers of the Trump trade

13 Feb 2025

Contributed by Lukas

Australian investors have never put so much money into the US market: That's largely because Wall Street stocks have been twice as profitable as ASX i...

How to get the best deal on rates

11 Feb 2025

Contributed by Lukas

Rates are set to drop throughout 2025: But who knows if the RBA will get to cut much?And if they do, who knows if the banks will put the cuts through?...

What might the 2025 Federal Budget bring?

06 Feb 2025

Contributed by Lukas

Standby for a 'giveaway' pre-election Federal Budget on March 25. If history is any guide there is little for investors to worry about this time aroun...

Real estate cybercrime - What you need to know (with Kitty Parker)

04 Feb 2025

Contributed by Lukas

Real estate transactions typically involve people who are not used to sending large amounts of money through the banking system; It's the perfect sett...

Bank of Mum and Dad: we've got the numbers (with Richard Schellbach)

30 Jan 2025

Contributed by Lukas

It's a defining feature of our economy: One in two Australians is involved in the Bank of Mum and Dad, and until now nobody had any hard numbers on th...

Why it's so hard to get property advice (with James Gerrard)

28 Jan 2025

Contributed by Lukas

They call it an 'information gap': Property professionals know property but can't be expected to offer independent advice. Meanwhile, independent fina...

What financial risks to avoid in the year ahead (with Liam Shorte)

23 Jan 2025

Contributed by Lukas

Interest rates are set to fall in 2025 - and we may have to say goodbye to the days of 5 per cent returns for zero risk. Of course, there is no lack o...

Fires, floods and property values (with Nerida Conisbee)

21 Jan 2025

Contributed by Lukas

After the Los Angeles fires, it would be reasonable to assume that property values take a serious hit in the wake of a natural disaster. But this...

Your complete 2025 investment outlook

14 Jan 2025

Contributed by Lukas

Over the summer holidays we put together a series of shows on the outlook for the year ahead: In those three episodes we looked at share markets and p...

Your property investment in 2025

09 Jan 2025

Contributed by Lukas

The experts tell us house prices should move higher by between one and four per cent in 2025. But that average forecast conceals a wide range of varia...

Your Shares in 2025 - Part 2 : Top Picks

06 Jan 2025

Contributed by Lukas

If bank stocks ran too hot on the ASX in 2024, should investors chase them again in 2025? Perhaps there are better opportunities in the year ahea...

Your shares in 2025- Part 1 : Sharemarket outlook

30 Dec 2024

Contributed by Lukas

How could the sharemarkets possibly repeat the powerful performance of 2024 in the year ahead? It's time to take a look at what the experts are p...

FIRE - Financial Independence, Retire Early - Could you do it?

23 Dec 2024

Contributed by Lukas

What is the FIRE movement and how did it get started? It's not a club or a cult: It doesn't have a headquarters, rather it's a set of investment princ...

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