360 Money Matters

Welcome to the 360 Money Matters podcast where Financial Planners, Billy Amiridis and Andrew Nicolaou talk all things Financial Planning. This podcast aims to increase your knowledge and confidence with all thing’s money. Each week we will cover topics such as investing, cashflow and budgeting, saving, passive income, debt management, and much more so you can live life on your terms without limits.

211. Retirement Planning Has Changed - Why 60 Is the New 50 11/18/2025

211. Retirement Planning Has Changed - Why 60 Is the New 50 Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we challenge everything you thought you knew about retirement planning. With Australians now living 25-30 years in retirement instead of 10-15, the old model of "save a lump sum and make it last" is dangerously outdated. We explore why income sufficiency matters more than capital targets, how to structure your drawdown across different lifestyle phases, and why superannuation's tax advantages completely change the game. From bucketing strategies to protect against volatility, to the 4% rule and sequencing risk, discover how to build a retirement plan that actually funds the life you want to live—not just survives until the money runs out. Tune in to discover what modern retirement planning really looks like. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why the ASFA benchmark of $690,000 is dangerously misleading Income sufficiency vs. capital targets: Planning for lifestyle phases, not just lump sums The phased retirement trend: Why people are working longer (and happier) Superannuation vs. property: Tax implications that change everything Protecting your retirement from inflation and market volatility using bucketing strategies The 4% rule and sequencing risk: When market timing matters most Warren Buffett's principle applied to retirement drawdowns Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/39071565

210. Market Wrap 11/11/2025

209. The Power of Compounding - Why Starting Now Beats Starting Big 11/04/2025

208. How do you manage upsizing your family home 10/28/2025

207. How the rich stay rich - Tax-efficient investment strategies 10/21/2025

207. How the rich stay rich - Tax-efficient investment strategies Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we pull back the curtain on the tax strategies that help wealthy Australians preserve their wealth. We walk through the importance of after-tax returns, not just what you earn but what you keep after the tax office takes its share. We cover different investment structures available in Australia, from discretionary trusts to superannuation, and why choosing the right structure early matters more than most people realize. We discuss good debt versus bad debt, the timing of asset sales, and how to create tax-efficient income streams. We also touch on estate planning strategies, including testamentary trusts and superannuation recontribution strategies that can minimize tax when passing wealth to the next generation. If you want to understand how to structure your finances more effectively and keep more of what you earn, this episode breaks down the strategies in plain terms. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights After-tax returns and why they matter more than gross investment returns Using discretionary trusts for income distribution Superannuation as the most tax-effective structure in Australia Timing asset sales to minimize capital gains tax Good debt versus bad debt strategies Tax-efficient income streams Strategies for those over 60 still working to accelerate wealth Estate planning through testamentary trusts Superannuation recontribution strategies Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/38721590

206. Everything you need to know before buying your first property 10/14/2025

205. Using debt to invest in shares - Margin Loan 10/07/2025

204. Managing finances while you are overseas 09/30/2025

203. Divorce & Separation - Financial considerations during and after 09/23/2025

203. Divorce & Separation - Financial considerations during and after Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive deep into the practical steps you need to take when facing separation or divorce. We explore the importance of taking stock of your financial position early, understanding the difference between legal and financial advice, and why mediation often delivers better outcomes than court proceedings. We cover critical areas like managing cash flow during transition periods, protecting joint accounts from unauthorized transactions, and navigating complex decisions around property valuations and superannuation splits. We also address the often-overlooked aspects of insurance reviews, beneficiary updates, and the challenging but essential process of rebuilding financial confidence after separation. Whether you're currently going through a separation or want to be prepared for the unexpected, this episode provides essential guidance for protecting your financial future during difficult times. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Taking stock of financial position - early financial assessment Understand when to use lawyers versus financial advisors for optimal outcomes Weighing negotiation/mediation benefits against the costs, stress, and time of going to court. Handling joint expenses and bills while living separately without damaging credit Secure joint accounts and understand tax implications of different asset choices Superannuation and property considerations Rebuild financial confidence and update beneficiaries without losing investment time Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/38320745

202. Asset Rich But Cashflow Poor 09/16/2025

202. Asset Rich But Cashflow Poor Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into the idea of being “asset rich but cash flow poor,” where we might own valuable assets like property or businesses but struggle to generate enough income to support the lifestyle we want. We explore how this imbalance often shows up in retirees holding expensive homes or investment properties that don’t provide sufficient cash flow, forcing tough choices between maintaining assets, downsizing, or finding ways to unlock equity. We talk through the risks of rising living costs, the emotional challenge of wanting to leave a legacy while sacrificing our current lifestyle, and the role that fear plays in decision-making. Ultimately, we emphasize the importance of planning early, getting advice, and finding balance so we can enjoy life without being trapped by our wealth on paper. Tune in to this episode to learn how we can turn paper wealth into real lifestyle freedom without sacrificing our future. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights What it means to be “asset rich but cash flow poor” and why it’s more common than we think How property, businesses, and conservative investments can create hidden cash flow challenges The lifestyle risks of holding onto high-value assets that don’t generate income Why leaving a legacy often conflicts with enjoying life today The impact of rising living costs, taxes, and missed opportunities on financial freedom Strategies to unlock cash flow, from downsizing to reallocating assets The role of fear and security in financial decision-making, especially in retirement Why seeking financial advice early can help balance wealth, income, and lifestyle goals Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/38219925

201. Navigate Money During Major Health Event 09/09/2025

201. Navigate Money During Major Health Event In this episode, we explore how we can navigate money during major health events, from the immediate financial shock to longer term issues. We discuss the importance of having an emergency fund to cover unexpected medical costs or income disruptions, reviewing and claiming insurance entitlements, and understanding income protection options. We also cover strategies to manage reduced income, from tightening household budgets and pausing mortgage repayments to exploring government support and even selling assets if needed. Beyond the practical, we emphasize setting up powers of attorney, leaning on family, community, or charity support, and working closely with advisors to reassess financial goals once recovery begins. Ultimately, we highlight that being prepared with a plan gives us the flexibility and resilience to handle life’s most difficult moments. Tune in to this episode to learn how we can prepare, adapt, and take control of our finances during major health events so we’re better equipped for life’s toughest challenges. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why having an emergency fund is essential during a health crisis How to use insurance and income protection to cover unexpected costs Practical steps for managing reduced income and cutting expenses Options for pausing mortgage repayments and accessing financial relief When to consider selling assets and understanding tax implications The importance of powers of attorney and estate planning in medical events Leveraging family, community, and charity support networks Reassessing financial goals and priorities after a major health event Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/38083835

200. Helping Kids Without Impacting Your Retirement 09/02/2025

200. Helping Kids Without Impacting Your Retirement Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we celebrate our 200th podcast by diving into how we can help our kids financially without jeopardizing our own retirement. We explore the rising trend of parents assisting with property deposits, education costs, rent, or allowing adult children to move back home, and weigh the trade-offs these choices create for our long-term financial security. We discuss the importance of having a solid retirement plan first, considering timing and sustainability, protecting contributions through structures like loans or binding financial agreements, and being able to say no or set conditions without guilt. We also highlight non-monetary ways to help, such as childcare, meals, or being a guarantor, and stress the value of financial literacy for adult children. Ultimately, we encourage thoughtful, strategic planning—often with professional advice—so we can support our kids while still enjoying a secure and fulfilling retirement. Tune in to discover practical, heartfelt strategies for supporting your kids financially without sacrificing your own retirement security. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Balancing helping your kids with protecting your retirement savings Common ways parents support adult children beyond cash gifts Why a solid retirement plan is essential before offering financial help Protecting contributions with loan agreements or binding financial arrangements Non-monetary ways to provide meaningful support The importance of timing and sustainable giving Encouraging financial literacy and independence in adult children Seeking professional advice to avoid tax and structural pitfalls Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/38054985

199. Preparing Financially For a Baby 08/26/2025

199. Preparing Financially For a Baby Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we go behind how to financially prepare for the arrival of a baby. We explore everything from understanding parental leave entitlements and modeling cash flow changes to budgeting for upfront and ongoing baby expenses. We share practical strategies like using half-pay to stretch income, adjusting emergency funds, and planning for unexpected costs like childcare. We also emphasize the importance of reviewing insurance coverage and estate planning to protect your growing family. Ultimately, we reflect on how flexibility, mental preparedness, and temporary financial pivots are key to navigating this exciting yet vulnerable life stage. Tune in to this episode to gain practical, real-world financial tips that will help you confidently prepare for the life-changing journey of becoming a parent. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Understanding government and employer parental leave entitlements How to calculate and prepare for changes in household cash flow The benefits of taking parental leave at half pay to extend financial support Creating a realistic baby budget: upfront vs. ongoing costs Why an emergency fund needs to grow when a baby is on the way The importance of reviewing life, trauma, and income protection insurance Planning ahead for childcare and education expenses When and why to update your will, guardianship, and beneficiaries The psychological impact of temporary financial setbacks—and how to cope Practical strategies for staying flexible and financially resilient during big life changes Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37960265

198. True Cost of Owning Property in 2025 08/19/2025

198. True Cost of Owning Property in 2025 Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the true cost of owning property in 2025. We unpack how most people fixate on mortgage repayments without considering the broader financial landscape—rising interest rates, land tax hikes, government unpredictability (especially in Victoria), and ongoing maintenance or compliance costs. We examine hidden costs like body corporate fees, off-the-plan construction risks, and the opportunity cost of tying up capital in underperforming assets. Throughout the episode, we reflect on how property ownership can still be a powerful wealth-building tool if approached with foresight, strategy, and solid financial buffers. We also share personal anecdotes, hard truths, and a few laughs while emphasizing that success in property comes from being prepared, not just optimistic. Tune in to uncover the real costs of property ownership in 2025 and learn how to make smarter financial decisions before you buy. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why mortgage repayments are just the tip of the iceberg when it comes to property costs The hidden impact of rising interest rates on long-term affordability How government charges like land tax and stamp duty can shift unexpectedly The financial and emotional cost of maintaining and renovating a property Key risks with off-the-plan purchases and construction delays The importance of emergency buffers and realistic budgeting Why strata and body corporate fees can catch owners off guard How opportunity cost plays a major role in long-term property decisions The difference between how much you can borrow vs. how much you should Why property is still a powerful wealth-building tool Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37876125

197. Market Wrap 08/12/2025

197. Market Wrap Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we explore into a comprehensive market wrap covering July’s economic movements and global financial trends. We discuss the S&P 500's slight dip despite reaching record highs, highlight that 88% of reporting companies exceeded expectations, and analyze the market’s reaction—or lack thereof—due to preemptive pricing. We explore the stabilizing impact of key international trade deals, like those between the U.S. and the EU, Japan, and the Philippines, and assess the ongoing uncertainty in U.S. housing due to oversupply and affordability. We then shift focus to China’s slowed GDP growth and persistent property issues, with hopes pinned on further government stimulus. Closer to home, we examine the ASX 200’s modest rise, the Reserve Bank of Australia's surprise rate hold, and the likelihood of an upcoming interest rate cut. We also note strengthening in the Victorian property market, supported by high clearance rates and spring demand, and touch on how resilient commodity demand from China is boosting Australia’s mining sector and northern property markets. Tune in to this episode for a sharp, engaging breakdown of global markets, interest rates, property trends, and what it all means for your money. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights S&P 500 hits all-time highs in July despite a slight monthly dip of 0.66% 88% of reporting U.S. companies beat market expectations—the strongest result since Q2 2021 Trade deal clarity with the EU, Japan, and China helps stabilize global markets U.S. housing data shows softening trends amid rising supply and affordability concerns China’s GDP growth slows to 5.2%, with ongoing property price declines and stimulus hopes ASX 200 rises 0.41% as the RBA surprises by holding rates steady in July Markets anticipate an August rate cut, with 50% odds priced in for a 50 basis point drop Victoria’s property market shows strength with clearance rates around 70% amid spring demand Australian mining and northern property markets benefit from steady Chinese commodity demand Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37773000

196. Money Rules That No Longer Work in 2025 08/05/2025

196. Money Rules That No Longer Work in 2025 Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into outdated money rules that no longer hold up in 2025. We debunk traditional advice like saving only 10% of your income, always buying property over renting, keeping just a three-month emergency fund, paying off all debt before investing, and expecting to spend less in retirement. We explore how shifts in the economy, rising living costs, and evolving lifestyles demand new financial strategies. From embracing "rentvesting" to rethinking car ownership and investment timing, we break down how modern financial planning must adapt. And we wrap up by reaffirming one timeless truth: always spend less than you earn—and invest the surplus. Tune in to this episode to rethink your money habits and learn which financial rules you need to break to thrive in 2025 and beyond. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why the 10% savings rule no longer cuts it in today’s economy Renting isn’t dead money—unless you’re not investing the difference Why a 3-month emergency fund may leave you financially exposed Rethinking the idea of paying off all debt before investing The myth of spending less in retirement—and what really happens How car ownership is changing and why paying cash isn't always best The value of adapting old money rules to modern financial realities One timeless principle that still holds true Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37679085

195. Financial Red Flags: What to Look for in Business, Love, and Life 07/29/2025

195. Financial Red Flags: What to Look for in Business, Love, and Life Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the topic of financial red flags—what they are, how to spot them, and how to protect ourselves from the consequences. We explore warning signs like secrecy around money, hidden bank accounts, manipulation, unrealistic financial promises, and overleveraging in both business and personal relationships. Drawing on real-life examples and personal experiences, we highlight the importance of transparency, open communication, and the power of documentation. Whether it's about merging finances with a partner or lending money to family, we stress the importance of trusting your gut, working with professionals, and always verifying the details. Plus, we sprinkle in a bit of humor (including a Coldplay joke) to keep things balanced. Tune in to this eye-opening episode to learn how to spot financial red flags and protect yourself from costly mistakes in love, life, and business. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Key financial red flags to watch for in relationships, business, and everyday life Why secrecy or control around money is often a major warning sign The dangers of financial manipulation, gaslighting, and overpromising returns How overleveraging and lifestyle inflation can quietly damage your future Real-world examples of deceitful financial behavior and its consequences Tips for building financial transparency and trust with partners The importance of documentation when lending money to friends or family Practical steps to protect yourself: trust, verify, and work with professionals Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37592025

194. How Business Owners Can Turn Profit Into Wealth 07/22/2025

194. How Business Owners Can Turn Profit Into Wealth Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into how business owners can turn profit into personal wealth. We explore the dangers of reinvesting every dollar back into your business without building wealth outside of it, and the risks of assuming your business will always remain profitable or sellable. We discuss the importance of paying yourself first—treating yourself like a creditor by consistently diverting a portion of your profits into other assets like property, shares, or superannuation. We emphasize that while business owners are used to paying themselves last, developing the habit of wealth-building outside the business can safeguard against disruptions, provide asset protection, and support better retirement outcomes. We also cover strategies for asset allocation, tax minimization, and estate planning, reinforcing the value of long-term planning and diversification. Start building your personal wealth today by paying yourself first and diversifying your business profits—because your future shouldn’t depend solely on your business. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why relying solely on your business for long-term wealth can be risky The importance of paying yourself first and building wealth outside your business Common pitfalls business owners face by reinvesting all profits back into the business How to choose between investing in property, shares, or superannuation The role of asset protection and tax minimization in wealth strategy Why superannuation should be a key part of your financial plan The psychological impact of selling a business without prior investing experience Practical steps to start extracting profit and creating personal wealth now Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37504830

193. The Cost Of Doing Nothing 07/15/2025

193. The Cost Of Doing Nothing Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into the real cost of procrastination when it comes to personal finances. We explore how delaying decisions—whether it's investing, buying property, sorting out insurance, or getting financial advice—can severely impact long-term wealth. We unpack the power of compounding, the snowball effects of early action, and how missed opportunities grow more expensive over time. From rising property prices to lost superannuation contributions, we highlight how time is your most valuable asset. As we share stories and insights, we emphasize that not making a decision is still a decision—with very real consequences. Don’t let procrastination cost you—tune in now to learn how taking action today can dramatically improve your financial future. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why delaying financial decisions can be more costly than you think The power of compounding and starting early with investing How procrastination can impact long-term property wealth and equity The hidden costs of putting off superannuation contributions Why insurance is cheaper and more effective when arranged earlier How refinancing your mortgage can fast-track debt elimination The risk of lifestyle creep without a clear financial plan How delayed advice can lead to missed lifestyle opportunities Why imperfect action is better than perfect inaction when it comes to money decisions Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37413335

192. How To Manage Conflicting Financial Priorities 07/08/2025

192. How To Manage Conflicting Financial Priorities Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we tackle the challenge of managing conflicting financial priorities. We explore the real-life dilemmas many families face balancing private school fees, home upgrades, holidays, and long-term goals like retirement or investment—all within a limited budget. We dive into the importance of understanding personal values and how they shape financial decisions. We also walk through strategies for setting dynamic budgets, anticipating lifestyle creep, and avoiding the trap of assuming higher income means financial security. By prioritizing what truly matters and planning ahead, we can navigate tough choices without sacrificing long-term financial wellbeing. Tune in to learn how to confidently juggle your financial priorities and make smarter money decisions that align with what truly matters to you. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights How to manage competing financial priorities Why defining your personal values is the foundation of smart financial decisions The importance of dynamic budgeting and regularly reassessing your goals Real-life example of a high-income earner still struggling with financial pressure The hidden costs of private schooling beyond tuition How lifestyle creep can quietly sabotage your financial progress Why planning early gives you more flexibility and freedom later Practical strategies for building a cash flow system that works at any income level The role of financial advice in bringing clarity, structure, and discipline to your money decisions Why financial success is less about how much you earn and more about how intentionally you use it Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37333740

191. Decoding Division 296 - What High-Income Earners Need To Know 07/01/2025

191. Decoding Division 296 - What High-Income Earners Need To Know Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we unpack Division 296 and what it means for high-income earners, particularly those with superannuation balances exceeding $3 million. We explore how this proposed legislation, though not yet law, is likely to impose a 15% tax on unrealized gains in superannuation, essentially taxing people on growth in asset value even if nothing has been sold. We walk through examples involving property and SMSFs to highlight how problematic this is, especially for illiquid assets like farms and factories. We also discuss the broader implications, including loss of public confidence in the super system, lack of indexation, and how this could eventually impact far more Australians than currently claimed. Ultimately, we emphasize the importance of strategic financial planning and early advice to navigate these looming changes. Listen to this episode to understand how Division 296 could impact your superannuation and why now is the time to plan strategically. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights What Division 296 is and who it affects Why taxing unrealized superannuation gains is controversial How the $3 million threshold is calculated and its lack of indexation The impact on property owners, farmers, and SMSF members Strategic considerations to stay below the threshold Concerns about long-term changes and erosion of trust in the super system The potential ripple effects on broader tax policy and financial behavior Why early financial advice is crucial for high-balance super holders Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37238110

190. Financial Planning For Blended Families 06/24/2025

190. Financial Planning For Blended Families Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the often-overlooked complexities of financial planning for blended families. We discuss real-world scenarios where poor communication and lack of planning led to emotional and financial turmoil, including disputes over inheritance, ownership of family homes, and complications arising from remarriages and superannuation nominations. Emphasizing the importance of open dialogue, legal clarity, and professional advice, we highlight how proactive estate planning—especially in blended family situations—can help avoid messy outcomes and preserve both wealth and relationships. We also touch on strategies such as structuring ownership correctly, setting binding nominations for super, and even gifting inheritances during one’s lifetime to maximize their impact. Tune in to learn how to safeguard your legacy and avoid common estate planning pitfalls in blended families. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why financial planning is more complex in blended families Common inheritance disputes and how to avoid them The critical role of clear communication with all family members Estate planning structures: wills, powers of attorney, and testamentary trusts Ownership structures and their implications: joint tenants vs tenants in common The impact of remarriage on superannuation nominations and estate assets How tax considerations influence inheritance planning Using life insurance for financial breathing room during grief Planning for children from multiple relationships fairly The benefits of gifting inheritance while alive for maximum impact Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37133225

189. Interest Rates Have Been Falling - What Should Mortgage Holders Consider 06/17/2025

189. Interest Rates Have Been Falling - What Should Mortgage Holders Consider Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we unpack what falling interest rates really mean for mortgage holders and how we can make the most of the changing financial landscape. We look at the Reserve Bank of Australia's recent rate cuts, driven by a push to curb inflation and boost the economy and break down the key actions borrowers should consider. We highlight the importance of checking whether your lender has passed on the full rate cut, caution against extending your loan term when refinancing, and explain why keeping your repayments steady can significantly accelerate debt reduction. We also share practical ideas for using the freed-up cash flow, whether that’s boosting your super, investing, or setting aside money for future goals and emphasizing that smart planning is essential to avoiding lifestyle creep and turning short-term savings into long-term financial wins. Tune in to learn how to turn falling interest rates into a smart financial advantage and make the most of your mortgage. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why interest rates are falling and what it means for the economy How to check if your lender has passed on the full rate cut The risks of resetting your loan term when refinancing Benefits of maintaining your current mortgage repayments after a rate cut Offset account strategies to reduce temptation and boost security Avoiding lifestyle creep and using surplus cash flow wisely Options for redirecting savings: super contributions, investments, and future goals How falling rates may open up new borrowing or investment opportunities The importance of reviewing your financial strategy with professional advice Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/37040725

188. Turning A Side Hustle Into A Business 06/10/2025

188. Turning A Side Hustle Into A Business Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed turning a side hustle into a full-fledged business. We explored the importance of validating the business idea and achieving consistent income before quitting a day job. We emphasized the need for separating personal and business finances, understanding tax obligations, and planning for growth rather than just survival. We also highlighted the significance of considering insurance, superannuation, and long-term financial planning, including strategies for drawing income from the business and protecting family finances. Finally, we stressed the importance of planning for growth, embracing available tools for efficiency, and recognizing the evolving roles and responsibilities as a business owner. Turn your side hustle into a thriving business – listen now to learn how to validate your idea, manage finances, and plan for long-term growth! - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Validating your side hustle before going full-time Managing risk, finances, and tax from the start Why separating personal and business money matters The importance of the right business structure Don’t skip super—your future self will thank you Planning for lumpy income and lifestyle changes Building a business, not just buying yourself a job Leveraging tech to grow faster and work smarter Think big—and then think even bigger Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/36935955

187. Market Wrap 06/03/2025

187. Market Wrap Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we explore into a comprehensive market wrap for May, examining global economic shifts and what they mean for investors. We discuss the S&P 500’s sharp rebound of 5.89%, which, while impressive, mostly recovers previous losses, and we explore growing investor caution amid U.S. political unpredictability, especially tariff threats from Donald Trump that could impact companies like Apple and broader market confidence. We also look at China's liquidity injection of $138 billion in response to trade tensions, the steady 4.2% rise in the Australian market, and potential RBA interest rate cuts aimed at easing mortgage pressure. While the Australian economy shows signs of a "soft landing," we note that quality of life and discretionary income remain under strain. Tune in to hear how global market shifts, political tensions, and economic policies could impact your investments—and what you can do to stay financially on track. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Strong S&P 500 rebound in May with a 5.89% gain Market volatility fueled by Trump’s tariff threats and uncertainty around the U.S.-China trade negotiations Apple used as a case study to highlight the real-world impact of proposed tariffs and manufacturing shifts China injects $138 billion in liquidity to counter trade tension effects and stimulate the economy Australian market rises 4.2%, echoing global recovery patterns Reserve Bank of Australia delivers a 25 basis point rate cut, with more cuts expected in 2025 Inflation stabilizes within the RBA’s 2–3% target band, while GDP growth forecasts are revised down Discussion on Victoria’s post-COVID fiscal policy and its long-term economic consequences Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/36833915

186. Raising Financially Savvy Children 05/27/2025

186. Raising Financially Savvy Children Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the crucial topic of raising financially savvy children. We explore how our behaviors as parents shape our kids’ understanding of money and share practical strategies to teach financial literacy at various ages. We talk about the importance of modeling good habits, encouraging earning through chores, differentiating needs from wants, and using tools like spending, saving, and giving jars or modern digital alternatives to build strong financial foundations. We also discuss how conversations around real-world money decisions, investing, and opportunity cost can empower children to make smarter financial choices. We reflect on our own experiences as parents, and together, we aim to provide listeners with valuable tips to set their children up for a secure financial future. Tune in to this episode to discover practical strategies and insights to help you raise financially savvy kids who are confident and capable with money from an early age. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Why it’s crucial to start teaching kids about money from a young age The impact of parental modeling on children's financial behaviors Age-appropriate ways to introduce financial concepts like saving, spending, and giving How pocket money can be structured to teach responsibility and effort-based rewards The benefits of involving children in real-world money decisions and budgeting Tools and systems to help kids manage money in a digital world (e.g., jars, apps, debit cards) Teaching concepts like needs vs. wants, value, opportunity cost, and delayed gratification Why it’s important to let kids make small financial mistakes early How to prepare children for investing and long-term financial thinking The importance of financial literacy as a lifelong skill and foundation for independence Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/36725930

185. Behind The Scenes of Your First Financial Advice Meeting; What To Expect & Prepare 05/20/2025

185. Behind The Scenes of Your First Financial Advice Meeting; What To Expect & Prepare Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we go behind the scenes of what your very first financial advice meeting looks like. We kick things off with a lighthearted tribute to Warren Buffett’s retirement, before diving into the real topic—what to expect when meeting a financial advisor. We explain that financial advice isn’t just about investing; it’s about understanding your lifestyle, values, goals, and personal circumstances to build a strategy tailored to you. We walk through the types of questions we ask, the documents you should bring, and some of the biggest myths around financial advice—like needing to be wealthy or that advisors will force you to stop enjoying life. Instead, we aim to empower you to make more intentional financial decisions. Tune in to this episode for a candid look at your first financial advice meeting and discover how personalized planning can truly transform your financial future. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights What to expect in your first meeting with a financial advisor Common misconceptions about financial advice and who it's for Why financial advice is about strategy, not just investments or products The importance of understanding your goals, lifestyle, and values How financial planning adapts to life events and changing priorities Practical tips on what documents to bring and how to prepare The power of being intentional with money to enhance life satisfaction Why ongoing financial advice is more valuable than one-off transactions Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/36638450

184. To Join Or Not To Join Finances 05/13/2025

184. To Join Or Not To Join Finances Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the intricacies of managing finances within a relationship, presenting three main approaches: fully merging finances, maintaining separate accounts, or adopting a hybrid model. We evaluate the pros and cons of each option, highlighting how joint finances promote transparency and simplicity, while separate accounts can foster independence but may lead to complications in wealth generation and financial visibility. Also we dive into the unique challenges faced by older couples, including existing assets and inheritance issues, and emphasizes the importance of binding financial agreements in cases of significant asset disparities. Best practices for effective financial management is also discussed, advocating for regular financial check-ins and open communication to adapt financial structures as life circumstances evolve. Tune in to learn how to navigate the complexities of merging or separating finances as a couple and build a strong financial future together. - This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706 Episode Highlights Different ways couples manage money: joint, separate, or hybrid approaches Importance of open and honest conversations about finances in relationships Navigating financial differences and building mutual trust How transparency and shared goals can strengthen financial harmony Respecting individual autonomy while planning together Practical tips for deciding when and how to combine finances The role of communication in avoiding financial conflict Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/36547380

183. How to Manage a Career Break 05/06/2025

182. Should I have a Self Managed Superfund 04/29/2025

360 Money Matters

TOPICS