#291 Money News in human words; Home upgrading, how wealthy are you, & stamp duty vs land tax
In this week's money news in human words, I talked about home upgrading, how you can do that and plan around a home upgrade in a way that doesn't sabotage your investing progress. I chatted about the wealth distribution in Australia off the back of some recently released AVS data which is super interesting for money nerds like me.
There are a bunch of interesting insights around how you can compare where you fit on the wealth spectrum as well as the New South Wales land tax, the first home buyer choice scheme, and how popular it's been. One of the big things people should be looking out for that could lead to trouble later on, is the massive food inflation that we are seeing, and what it means for interest rates moving forward.
This episode is perfect for anyone who wants to see through the headlines and understand what it means for their money and their investment.
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Note: The advice shared on this podcast is general in nature and does not consider your individual circumstances. The podcast exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, and TMD and obtain appropriate financial advice tailored towards your needs. Ben Nash and Pivot Wealth are authorised representatives of Fish Tacos Pty Ltd, ABN 14 649 248 082, AFSL 533055
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