In this episode we welcome Simon Bligh, CEO of illion. illion is the leading independent provider of data and analytics to the largest industries in Australia and New Zealand, providing insights into the spending behaviour through leveraging their data on over 25 million consumers. Simon gives the wrap on the recent and controversial early access to super, breaking down who made it their fun fund and who took it seriously. Moreover, how the future of banking will be through the free flow of your data between commercial entities, leading the way to better rates and appropriate finance.Here’s what we covered:
Should people be taking out their superannuation?
How will early super withdrawal impact the economy?
What items did people spend their super on?
Can you use your super withdrawal as a deposit?
Will our spending habits return to normal post Covid?
How big has the renovation industry become due to Covid?
How much of the property market is mortgaged?
What is your credit score?
What can you do to improve your credit score?
Will open banking benefit you?
Will the future of banking charge rates based on the consumers repayment reliability?
How open banking and data rights will change how you apply for finance in the future.

This weeks Dumbo
Knowing that you should refinance but never actually going through the process

RELEVANT EPISODES:Episode 123 | Martin NorthEpisode 126 | Stuart WemyssEpisode 132 | Mark McCrindle

GUEST LINKS:Alphabeta - illiontrackingcreditsimple.com.au

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Send in your questions to: questions@theelephantintheroom.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August, 2020.

https://www.theelephantintheroom.com.au/podcasts/141

In this episode we welcome Simon Bligh, CEO of illion. illion is the leading independent provider of data and analytics to the largest industries in Australia and New Zealand, providing insights into the spending behaviour through leveraging their data on over 25 million consumers. Simon gives the wrap on the recent and controversial early access to super, breaking down who made it their fun fund and who took it seriously. Moreover, how the future of banking will be through the free flow of your data between commercial entities, leading the way to better rates and appropriate finance.Here’s what we covered: <ul> <li style="font-weight: 400;">Should people be taking out their superannuation?</li> <li style="font-weight: 400;">How will early super withdrawal impact the economy?</li> <li style="font-weight: 400;">What items did people spend their super on?</li> <li style="font-weight: 400;">Can you use your super withdrawal as a deposit?</li> <li style="font-weight: 400;">Will our spending habits return to normal post Covid?</li> <li style="font-weight: 400;">How big has the renovation industry become due to Covid?</li> <li style="font-weight: 400;">How much of the property market is mortgaged?</li> <li style="font-weight: 400;">What is your credit score?</li> <li style="font-weight: 400;">What can you do to improve your credit score?</li> <li style="font-weight: 400;">Will open banking benefit you?</li> <li style="font-weight: 400;">Will the future of banking charge rates based on the consumers repayment reliability?</li> <li style="font-weight: 400;">How open banking and data rights will change how you apply for finance in the future.</li> </ul> This weeks Dumbo <ul> <li style="font-weight: 400;">Knowing that you should refinance but never actually going through the process</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/123" target="_blank" rel="noopener">Episode 123 | Martin North</a> <a href="https://www.theelephantintheroom.com.au/podcasts/126" target="_blank" rel="noopener">Episode 126 | Stuart Wemyss</a> <a href="https://www.theelephantintheroom.com.au/podcasts/132" target="_blank" rel="noopener">Episode 132 | Mark McCrindle</a> GUEST LINKS:<a href="https://www.alphabeta.com/illiontracking" target="_blank" rel="noopener">Alphabeta - illiontracking</a> <a href="http://www.creditsimple.com.au" target="_blank" rel="noopener">creditsimple.com.au</a> HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: <a href="https://linktr.ee/veronicamorgan" target="_blank" rel="noopener">https://linktr.ee/veronicamorgan</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au" target="_blank" rel="noopener">hello@wealthful.com.au</a> Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au" target="_blank" rel="noopener">questions@theelephantintheroom.com.au</a> EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August, 2020. <a href="https://www.theelephantintheroom.com.au/podcasts/141" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/141</a>

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

The Elephant In The Room Property Podcast | Inside Australian Real Estate

Has early covid contingency benefited the economy and will data rights and open banking improve your ability to get better finance?

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