It’s the beginning of the new financial year, a clean slate for investors, funds and the economy. What really matters to Prime Timers is how they are going to hit their income and growth targets this year, and whether that’s possible. So joining me for the first week of the new financial year is one of Australia’s most well-known and well-respected economists, Shane Oliver Chief Economist at AMP, to talk us through his read on the year just ended and his outlook for 2024/25 and beyond.

Highlights of the conversation:

• Unexpected positives and one thing to watch
• The past financial year turned out better than most economists expected. Shane explains why.
• The one area of concern that investors should keep an eye on.
• The outlook for Australian equities is strong: Shane shares his insights into where growth is expected and where slowdowns might occur over the next 1-5 years.
• Geo-political impact.
• What to expect with inflation and interest rates and how to protect your savings and investments.
• Balancing income and growth.
• Tips on how to grow your wealth by taking calculated risks.
• Legislation and policy changes.
• Australian housing market: How the housing market is faring, and what changes to immigration, construction and the housing economy means for Prime Timers considering downsizing or using home equity release schemes.
• Travel and the Aussie dollar: Predictions for the Australian dollar and the best travel destinations to get more bang for your buck.

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Giving or loaning money to your kids may make a lot of sense financially, BUT there can be hidden costs.

In this episode, I speak to Brian Herd, partner of the Estates and Succession team at HopgoodGanim Lawyers, about the pitfalls of WILLS and ESTATE planning, especially when it comes to working out what's best for your OWN retirement, and ensuring your kids' future.

See omnystudio.com/listener for privacy information.

Exchange Traded Funds, or ETF's, have been the investment BUZZWORD for a while now - especially in the world of financial influencers on social media. But ETF's aren't just for Gen Z and the FinFluencers on TikTok.

In this episode I chat to Senior Financial Advisor David Lane to find out exactly what an ‘ETF’ is, how the use of ETFs has revolutionised investing and HOW those in their Prime Time, or already in retirement, can use ETFs to their advantage.

See omnystudio.com/listener for privacy information.