The Fin Financial Review

This week on The Fin podcast, wealth reporter Lucy Dean and wealth editor Joanna Mather explain what’s happening in the great wealth transfer and how it will shape the economy, politics and intergenerational rivalry.

This podcast is sponsored by AICD

Further reading:


Forget Boomers. Millennials, your next landlord could be a best mate

For decades, Millennials and Generation Z have blamed Baby Boomers for locking them out of the housing market. But what happens when wealthy Boomers start to give their kids cash?


Women overwhelming winners in $5trn Baby Boomer wealth transfer

Women will receive 65 per cent of the nearly $5 trillion due to pass from Baby Boomers and their parents to the next generation in the next decade, a new report finds.


Not just cruises: Boomers direct spending to kids and grandkids

Financial advisors report many over-65s are helping family members rather than splurging – though travel is a thing.
See omnystudio.com/listener for privacy information.

This week on The Fin podcast, political editor Phillip Coorey talks about what the government is likely to announce in the federal budget, what that means for inflation and interest rates, and gives his assessment of how Anthony Albanese and Peter Dutton are faring as we count down to the next election.

This podcast is sponsored by AICD

Further reading:


Labor election plans start blowing smoke

Labor is banking on at least one rate cut before calling an election. That scenario is no longer guaranteed.


Chalmers locks in business tax breaks to help Made in Australia

The budget will contain tax breaks for investors to turbocharge the government’s Future Made in Australia Act, Jim Chalmers has confirmed.


‘Vigilant’ RBA puts home loan borrowers on notice

Governor Michele Bullock has issued a fresh warning to mortgage holders, two years after the Reserve Bank of Australia began raising interest rates.
See omnystudio.com/listener for privacy information.

This week on The Fin podcast, Ben Potter and Jacob Greber talk about Peter Dutton’s atomic bet, the economics of nuclear energy and whether the power requirements of the AI revolution change the debate.This podcast is sponsored by ANZListen to 5-in-5 with ANZ on Spotify hereListen to 5-in-5 with ANZ on Apple here 

Further reading:


Dutton’s atomic bet threatens Coalition chain reaction over climate

Rather than keep the heat on Labor’s handling of the cost-of-living pain as inflation stays high, the opposition leader’s nuclear venture risks becoming the story.


Booming AI demand threatens electricity supply

Regulators are scrambling to factor the explosive growth of data centres into demand projections as one network warns of a 250 per cent surge in power needs.


Why Dutton is going nuclear

Peter Dutton thinks he can sell nuclear power to the public. The energy industry remains unconvinced by the business case.
See omnystudio.com/listener for privacy information.

This week on The Fin podcast, before heading home after more than six years based in Shanghai and then Tokyo, Michael Smith talks about the changes in China over that time, what its slowing economy means for Australian prosperity and Japan's new role on the world stage. 

This podcast is sponsored by ANZListen to 5-in-5 with ANZ on Spotify hereListen to 5-in-5 with ANZ on Apple here 

Further reading:


In six and a half years I witnessed a dark pivot in ChinaWhen I first landed in Shanghai on a freezing winter’s night in January 2018, China felt like a place bursting with optimism and opportunity.
Japan is finally waking up from its lost decades. Can it last?The country is doing defence deals and its economy is powering up. But it has a fight on its hands to keep the momentum going given its structural challenges.
The data that reveals the truth about Australia’s China tiesAlthough Australia’s relations with China have warmed, key metrics show economic ties are at their lowest levels in more than five years and are unlikely to bounce back.
See omnystudio.com/listener for privacy information.

This week on The Fin podcast, senior reporter James Eyers takes us inside the high-stakes negotiations over Armaguard's financial future, talks about the big personalities involved and gives his view on whether we are witnessing the death of cash. 

This podcast is sponsored by ANZListen to 5-in-5 with ANZ on Spotify hereListen to 5-in-5 with ANZ on Apple here 

Further reading:


Inside the battle for Armaguard and the future of cashThe high-stakes negotiations over the financial future for the cash transit monopoly reached a crescendo over Easter.
Linfox lays out its terms for keeping Armaguard afloatPeter Fox, the company’s executive chairman, says his family are “not beggars here”. He says the cash-in-transit monopoly will keep operating if fees rise
Coles hoards cash over Easter as Armaguard teeters on the brink The Lindsay Fox-controlled monopoly has engaged former ACTU secretary Bill Kelty to lead negotiations with major banks over a rescue package
See omnystudio.com/listener for privacy information.

This week on The Fin podcast, Lauren Sams talks about the rise of Zoë Foster Blake, takes us inside the deal to regain control of her skincare business and tells us why there is so much takeover activity in the beauty industry.

This podcast is sponsored by ANZListen to 5-in-5 with ANZ on Spotify hereListen to 5-in-5 with ANZ on Apple here 

Further reading:


Zoë Foster Blake: ‘I still think it’s hilarious that I’m in business’

This beauty entrepreneur sold her business for a fortune. And then she bought it back for a song.


Foster Blake sold Go-To stake for $89m. She’s bought it back for a fraction of that

The former Young Rich Lister, along with her co-founder Paul Bates, have taken back control of the skincare brand from the failed BWX Group.


One of the fastest growing categories for Young Rich Listers – vanity

Australian beauty brands have pushed out the established labels, from toothpaste to tanning, with a little product innovation and a lot of savvy marketing.
See omnystudio.com/listener for privacy information.