Advertise on podcast: The Money Puzzle

Managing $175 billion for UniSuper would keep anyone on their toes. It also helps to clarify a clear view on every asset class from US shares to private credit. So what does UniSuper's chief investment officer think will happen next? John Pearce, the chief investment officer at UniSuper joins Associate Editor, James Kirby in this episode. In today's show, we cover: The outlook for shares Why a 'back to normal' bond market has an upside Keeping clear of AI-linked IPOs The true definition of a 'balanced fund'   See omnystudio.com/listener for privacy information.

Big super funds hedge up to 50 per cent of their offshore investments: The textbooks say you should hedge about one third of any exposure overseas.But the hedging level of most Australian investors, including ETF investors, is generally close to zilch!In today's show, we cover... Should you be hedging that increased offshore share allocation ? Electrified economy - The long-term investment attraction of electrification Second thoughts on bonds...when the tide turns, could they save you? Why gold will pay off longer term Dr Sam Wylie of the Windlestone Education group and the University of Melbourne joins associate editor, James Kirby in this episode See omnystudio.com/listener for privacy information.

How do you get a pay rise? Should you join that start-up that promises to go to the moon, or should you simply buy your first home a lot sooner than you had planned?In today's show, we cover: Career Control - The finances of career navigation Catching up - Investment tips for the late starter Your career and your SMSF - Getting business to pay you rent Sweat equity - Deciding if you should jump to a start-up Adviser and author, Jacqui Clarke, joins Associate Editor, James Kirby, in this episode See omnystudio.com/listener for privacy information.

Interest rates are moving higher worldwide, but this time around it's for good reason: The AI boom is fuelling tremendous returns on global share markets.As the game gets riskier, your cash is now returning nearly 5 per cent risk-free; it's getting hard to beatIn today's show, we cover... Why cash is beating total bond returns out the door Investing in a high-rate, high-return market New traps - Private credit is on the wrong side of the rate cycle Infrastructure shines through as rates run higher Will Hamilton of Hamilton Wealth Partners joins Associate Editor James Kirby in this episode See omnystudio.com/listener for privacy information.

If you don't have a Will, that's plain stupid. If you have a Will, you should also consider a Testamentary Discretionary Trust...and if you have done that too, you'd better watch the new Budget reforms because you may have to make changes.In today's edition, we cover... Estate planning - The basics for the everyday investor Testamentary Discretionary Trust - They escaped new taxes, check them out Trust reforms - If your family trust is being restructured, it may affect your Will Tackling the 17 per cent tax on inherited super. Estate planning lawyer, Rachael Rofe,+ joins Associate Editor, James Kirby in this episode. See omnystudio.com/listener for privacy information.

It's the biggest investment upsurge we have seen since the LNG gas expansion of more than a decade ago: Data centre construction will make or break investors in the years ahead...how to play it? Emanuel Datt of Datt Capital joins Associate Editor, James Kirby, in this episode.In today's show, we cover:* Your jungle guide to the $150bn data centre boom* The hottest stocks at the centre of the action* "Picks and shovels' - the service companies investors prefer* Proxy bets - how money is raised behind the scenes to fuel the boom See omnystudio.com/listener for privacy information.

The gold price bounced in August, suggesting the yellow metal may soon recommence the rally that enthralled investors across 2025: It might be time to top up....In today's show, we cover The outlook for gold A gold digger's favourite picks Why gold miners so often blow their prospects Raleigh Finlayson - The rise of a gold dynamo Cameron Judd of the Victor Smorgon Partners Resources Gold Fund joins Associate Editor, James Kirby in this episode See omnystudio.com/listener for privacy information.

House price falls have some way to go, and now that we have the clear and present danger of more rate hikes, bargain hunters have time to kill.   In today's show, we cover; How the downturn will deepen from here Can the first home market stay unaffected? Housing developer busts - Bathla will not be an isolated case The Spring pile-up - waiting for an avalanche of new listings Cameron Kusher of Kusher Consulting joins Associate Editor James Kirby in this episode  See omnystudio.com/listener for privacy information.

It's the hot-button question for so many investors - how to optimise any spare cash they may have on hand. For younger investors it's often the mortgage; for older investors it's often putting the money into super (before it's too late) But which is it for you? Olivia Maragna of Aspire Retire joins Associate Editor, James Kirby in this episode.In today's show, we cover: Super for mortgage...what to do? Did super win or lose in the Budget? Are we close to the peak in the current mortgage cycle The home that negative gearing forgot See omnystudio.com/listener for privacy information.

"I want to help the kids, how do I start?' It's one of the most common questions we get on the podcast, and it's time to tackle it head on. Dr Doug Turek of Minchin Moore joins Associate Editor, James Kirby in this episode.In today's show, we cover: How to start an investment for a child A smart approach to school fees What to do about HECS Helping with a first home purchase See omnystudio.com/listener for privacy information.

The ASX 200 is enjoying a solid earnings season, but the healthcare sector is shooting the lights out. Believe it or not, the market sector that offered the fastest way to lose money last year is suddenly red hot. Jun Bei-Liu of the Ten Cap Alpha Plus funds joins Associate Editor, James Kirby in this episode. In today's show, we cover: Up 25% in a month! - Healthcare stocks are back Why the healthcare blue chips can keep rising Will CSL ever be Australia's biggest stock again? Earnings season recap- where to now for banks and miners? See omnystudio.com/listener for privacy information.

Here comes Spring! Welcome to most, except perhaps to residential property sellers, who will be adding stock to an already bloated market where prices are falling. Louis Christopher of SQM Research joins Associate Editor, James Kirby in this episode. In today's show, we cover: How bad is the listings overhang?  Why banks may have forecasts wrong on property prices Yes, yields are rising, but are rents actually lifting too?  The 40-year mortgage...should you ever?  See omnystudio.com/listener for privacy information.

The old formula for seeking income in the Australian market is fading: Dividend rates have dropped across the ASX. Yet, recent tax changes mean that investors will want to raise income from local markets.  Hugh Robertson of the Centaur Financial Services group joins Associate Editor, James Kirby in this episode. In today's show, we cover: How can I chase income safely? The income risk ladder - Bonds to high dividend funds  Molino's move on SMSFs - More fees and a 'test'    Is there any escape from the minimum 30 per cent CGT rate? See omnystudio.com/listener for privacy information.

Property investors are scrambling to sidestep the new property taxes and taking risks in areas they might never have considered before the May Budget. Rasti Vaibhav of Get RARE Properties joins Associate Editor, James Kirby in this episode. In today's show, we cover: The looming black spots for property investors  Hidden dangers of 'new build' negative gearing A sober read on the reality of commercial property SMSF residential borrowing is now officially banned   See omnystudio.com/listener for privacy information.

At the top end of the market, Australia's richest investors are deeplyengaged in the AI boom: Some are betting the house on AI, others are fighting to rescue their reputation as AI sweeps through every industry sector.  John Stensholt co-author of 'Tech Bros' the extraordinary story of Atlassian' joins Associate Editor, James Kirby in this episode. In today's show, we cover: Rich pickings in an AI bonanza  How Atlassian's 'tech bros' are pivoting towards AI Wes Maas bets the house on Firmus Why did Gina Rinehart invest heavily in SpaceX? See omnystudio.com/listener for privacy information.