array(1) { [0]=> &object(stdClass)#6155 (52) { ["id"]=> string(5) "16857" ["title"]=> string(113) "Are property prices set to crash? Should you jump on board the fintok craze? And how to prepare for this tax time" ["alias"]=> string(111) "are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["introtext"]=> string(173) "

On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the property price movements, fintok and finfluencers, and tax time.

" ["fulltext"]=> string(1032) "

Steve Waters, director of Right Property Group, chats about the resilience of the property market in Victoria, where another lockdown is currently in place, as well as Westpac’s latest surprising predictions for property price movements.

RMIT’s senior lecturer of finance, Dr Angel Zhong, reveals the rise of fintok and finfluencers and the dangers social media presents to financial markets.

And lastly, tax and super guru Timothy Munro talks about tax time. He reveals what Aussies need to be mindful of as we head towards 30 June, and why some should look at engaging a professional this tax time.

Have a question for our experts? Get in touch at [email protected] and you might get featured on the next episode.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "302" ["created"]=> string(19) "2021-06-01 06:41:21" ["created_by"]=> string(4) "2404" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2021-06-04 02:43:30" ["modified_by"]=> string(4) "2406" ["modified_by_name"]=> string(15) "Fergus Halliday" ["publish_up"]=> string(19) "2021-06-01 07:20:48" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(240) "{"image_intro":"images\/podcasts\/230321_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg","float_intro":"","image_intro_alt":"","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(855) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","send":"0","test":"0","comments":"1","readingDiff":"3","schema_active":"0","schema_name":"","schema_description":"","schema_thumbnailUrl":"","schema_uploadDate":"","schema_duration":"","schema_contentUrl":"","schema_embedUrl":"","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(76) "property, prices, set, crash, jump, board, fintok, craze, prepare, tax, time" ["metadesc"]=> string(200) "On this episode of The nestegg Podcast, host Maja Garaca Djurdjevic and three experts discuss the property price movements, fintok and finfluencers, and tax time. Steve Waters, director of Right" ["access"]=> string(1) "1" ["hits"]=> string(3) "206" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1032" ["ordering"]=> string(1) "0" ["category_title"]=> string(7) "Podcast" ["category_route"]=> string(17) "resources/podcast" ["category_access"]=> string(1) "1" ["category_alias"]=> string(7) "podcast" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "82" ["author"]=> string(12) "Robyn Tongol" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(9) "Resources" ["parent_id"]=> string(3) "300" ["parent_route"]=> string(9) "resources" ["parent_alias"]=> string(9) "resources" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#6186 (3) { ["data":protected]=> object(stdClass)#6175 (95) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Save Money - Tips and Strategies to Reach your Savings Goals | nestegg" ["menu-meta_description"]=> string(144) "Take control of your finances with our comprehensive tips and guides to debt consolidation, expenses, budgeting, savings account and tax saving." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(70) "Save Money - Tips and Strategies to Reach your Savings Goals | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2021-06-01 07:20:48" ["slug"]=> string(117) "16857:are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(130) "/resources/podcast/are-property-prices-set-to-crash-should-you-jump-on-board-the-fintok-craze-and-how-to-prepare-for-this-tax-time" ["image"]=> string(65) "images/podcasts/230321_Angel_Zhong_Steve_Waters_Timothy_Munro.jpg" ["image_alt"]=> string(0) "" } }

Latest Podcast

Are property prices set to crash? Should you jump on board the fintok craze? And...

Resources

There is $17.5 billion in lost and unclaimed super across ...

Save

Revealed: Which generation has the worst credit scores?

By Reporter

February 25 2019
Share

Save

Revealed: Which generation has the worst credit scores?

By Reporter
February 25 2019

Credit scores are key to securing finance in Australia, particularly a mortgage. A recent dive in 14,000 credit reports revealed which generations are performing well and which are raising red flags.

Revealed: Which generation has the worst credit scores?

By Reporter

February 25 2019
Share

Credit scores are key to securing finance in Australia, particularly a mortgage. A recent dive in 14,000 credit reports revealed which generations are performing well and which are raising red flags.

Comparison site Finder found that Millennials have the worst credit score of any generation, with an average score of 666 out of a possible 1000.

According to Finder’s analysis, Baby Boomers have the highest of any generation with an average rating of 759.

Other research by Finder also showed 61 per cent of Australians don’t know their credit score. Of that 61 per cent, 13 per cent don’t know how to access it, and 6 per cent don’t know what credit score is.

Finder’s assessment of the findings is that Australians in their 30s will spend most of the decade “correcting the financial mistakes of their 20s”.

“Many Australians may be wondering how the banking royal commission will impact their ability to borrow. A good first step is to make sure your credit score is in good shape,” said Kate Browne of Finder.

“A poor credit score at 30 is particularly troubling as it could make it more difficult to take out a loan for a house, car or even a personal loan for a wedding.”

The outlook for 2019

After the banking regulator lifted its cap on interest-only lending in January, the mortgage broking community generally agreed that the market for finance would be easier to access in 2019.

However, in this post-royal commission environment, lenders are more stringent than usual with their checks and balances for each new loan applicant.

This was evidenced in , released this month, which showed total home loan commitments fell by 4.4 per cent in December, getting 2019 off to a soft start.

Click here for a breakdown of the spending and savings habits lenders will be scrutinising in 2019.

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook. Find us on Twitter for the latest updates

Rate the article

Debt Consolidation

Court approves robodebt class action settlement

The settlement of the robodebt class action has been approved by the Federal Court of Australia, meaning a further $112 million in compensation will be paid to approximately 380,000 Aussies. ...Read more

Debt Consolidation

Heard of robodebt – a controversial government scheme or buzzword?

What exactly is robodebt? We’ve heard all the buzz, now it’s time to know what this controversial government scheme actually is. ...Read more

Debt Consolidation

Robodebt class action settles for $1.2bn

The federal government has agreed to a “landmark” class action settlement worth $1.2 billion over its controversial robodebt recovery program, which raised automated debts against welfare reci...Read more

Debt Consolidation

Centrelink to resume debt recovery program

Centrelink’s debt recovery program is set to resume from Monday, 2 November, but money owed will not need to be repaid until next year, Services Australia has said. ...Read more

Debt Consolidation

When should you use debt?

Despite record-low interest rates and changes to credit regulation making it easier for consumers to get a loan, a wealth educator has urged Australians to keep their debt low in order to build wealth...Read more

Debt Consolidation

Fresh robodebt allegations delay Centrelink class action

New allegations have been added in the class action against the Commonwealth government over the robodebt scheme that saw Services Australia illegally issue debt collection notices to more than 370,00...Read more

Debt Consolidation

Robodebt refunds are now available: What do I need to do?

Refunds from the government’s illegal robodebt scheme are now being rolled out to affected customers – so what do you need to do to receive your refund? ...Read more

Debt Consolidation

When will I get my robodebt refund?

With the government’s recent concession that it would be refunding $721 million from robodebt notices, many Australians are wondering when they can expect the money to be returned to their hip pocke...Read more