Finance podcasts for making money on the move

The start of a new working year brings with it the promise of plans for personal improvement. But beyond booking into bootcamps and PT schedules, there’s also financial fitness. For time poor planners looking to better manage their budgets and attain their finance goals in 2023, here’s our list of the best finance podcasts, both in Australia and overseas.

1. The Australian Finance Podcast

Owen Rask (founder of the Rask group) and Kate Campbell (founder of How To Money) record every week, offering tools and knowledge required to smash your personal finance goals. The podcast focuses on giving the listener the fundamentals of financial literacy including how to simplify and save your money alongside more practical advice like what to look for in a super management fund.

2. She’s on the money

A female focused finance podcast, financial adviser Victoria Devine offers her tips and tricks for navigating the modern financial landscape. Here, Devine’s guests look to divulge investment, property and personal finance tips and hacks alongside a recurring monthly ‘Money Diary’ where listeners share their own financial journeys. Relatable and refreshing.

3. My Millennial Money

Glen James and John Pidgeon take a look at the money issues worrying millennials and Gen Z. Here, the mates and financial gurus talk on investment portfolios EFTs and what the latest policy decisions mean for you. It’s a comprehensive guide that’s spiced up with the conversational tone and banter of two close friends.

4. Equity Mates

Another podcast hosted by two friends is Equity Mates. Bryce Leske and Alec Renehan talk investing across the ASX, taxation while breaking down the barriers to investing. The pair talk to experts in their fields to create a podcast as free from jargon as possible to make the markets more accessible to everyone.

5. You Need A Budget

Short and sweet, the U.S based podcast You Need A Budget (YNAB) touts itself as “the weekly dose of just the right medicine to help you”. Most of the episodes hit under the 10-minute mark including the odd interview with an expert diving into topics such as ‘Budgeting for the nomadic life,’ and ‘Real Estate 101’. The goal of YNAB is to give people the tools to save more money and beat the paycheck-to-paycheck cycle.

6. Shares For Beginners

Does what it says on the tin. Shares for beginners helps those who’ve always wanted to invest in the stock market but have no idea where to start. Leaning on expert guests, host Phil Muscatello simplifies complex investment topics for the lay person to bring the markets within reach for listeners looking to dip their toes for the first time.

Australia’s Treasury Wine Estates admitted defeat in its effort to divest brands including Wolf Blass and Blossom Hill, moderating its annual earnings guidance amid weaker sales of its cheaper products.

Last year, Treasury outlined plans to offload its so-called commercial portfolio in a pivot toward costlier, higher-margin brands. As part of the move, it bought California’s Frank Family Vineyards in 2021 and Daou Vineyards in 2023 in deals worth US$1.31 billion combined.

On Thursday, Treasury told investors that it had failed to find a buyer for its budget brands.

“TWE has concluded that the offers received for these brands did not represent compelling value and therefore their retention is the best course of action,” Treasury said.

The company, which is best known for its prestigious Penfolds brand, said that demand for brands typically retailing for less than US$19 a bottle had fallen by 4.9% in the December-half. That includes the commercial portfolio, which comprises the company’s cheapest offerings.

As a result, Treasury expects so-called Ebits—earnings before interest, tax and other impacts including one-off items—for the full fiscal year of 780 million Australian dollars, or about US$489.8 million. That’s at the bottom end of its previously issued A$780 million-A$810 million guidance range.

Even so, Treasury on Thursday reported a A$220.9 million net profit for its fiscal first half, up 33% on year as the company continued to re-establish its Penfolds brand in China following that country’s removal of tariffs on Australian wine.

Revenue rose by 20% to A$1.57 billion, while profit increased 33% to A$239.6 million once material items and currency moves were stripped out.

The average analyst forecast had been for a net profit of A$242.1 million from revenue of A$1.57 billion, according to data compiled by Visible Alpha. Treasury reported first-half Ebits of A$391.4 million.

The board declared a dividend of 20 Australian cents a share, up from 17 cents a year earlier.