How rich are you? What 3,000 Aussies told us about wealth

How rich are you? What 3,000 Aussies told us about wealth

Author: Rask May 27, 2026 Duration: 33:20
How rich are you really, and how do you stack up against other Australians? In this episode of The Australian Finance Podcast, Owen Rask and Gemma Mitchell unpack early results from Rask’s free Wealth Checker after around 3,000 community members benchmarked their finances. Together, they explore what the data says about net worth, debt, super, property, shares and crypto, and why context matters more than comparison alone. Owen and Gemma break down some of the standout findings so far, including the age groups with the highest crypto balances, when men and women typically hit millionaire and multi-millionaire status, and how wealth gaps widen over time. They also look at why property still dominates household wealth, what the data suggests about debt and business ownership, and why benchmarking can be reassuring when you feel behind. Instead of doom-scrolling everyone else’s wins, this conversation shows how tracking your own net worth can help you spot progress, reset goals and focus on the decisions that actually move the needle. If you want a practical, data-led look at what wealth really looks like in Australia, plus a simple way to check your own numbers, this is a great episode to queue up. Episode resources – Try the Rask Wealth Checker – Buy Gemma’s book “The Money Reset” – Speak with the Rask Advice team – Ask a question (select the Finance podcast) Show partner resources – Join Pearler using code “RASK” for $15 of Pearler Credit – Get 50% off your first two months using PocketSmith – View Betashares range of funds Rask resources – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Navigating the financial landscape can feel overwhelming, but Australian Finance Podcast cuts through the noise with grounded, practical advice tailored for life in Australia. Hosted by Owen Rask, the Chief Investment Officer, and Gemma Mitchell, a Senior Financial Adviser, conversations on this podcast feel less like a lecture and more like a direct chat with experts who genuinely want you to succeed. Each episode is built around actionable strategies-whether it's about restructuring debt, understanding investment vehicles, or tax efficiency-that you can apply immediately, not just abstract theories. The focus is on building the confidence to make informed decisions with your money, aiming for a future where your finances support the life you want to live, rather than dictating it. For those just beginning their journey, the hosts suggest diving into their foundational "Starter Pack" series to build a solid base of knowledge. This isn't about get-rich-quick schemes; it's a steady, educational companion for developing lasting financial health. Tune in for a straightforward blend of market insights, personal finance management, and long-term wealth-building principles, all delivered with a clear Australian context. The Australian Finance Podcast from Rask is that reliable resource for turning financial complexity into manageable, actionable steps.
Author: Language: English Episodes: 100

Australian Finance Podcast
Podcast Episodes
Super at retirement, pension timing and health costs – Q&A [not-audio_url] [/not-audio_url]

Duration: 38:37
In this Friday Q&A episode of The Australian Finance Podcast, Gemma Mitchell is joined by Tahli Cavagnino, Senior Adviser at Rask Advice, to answer some of the most common and nuanced questions people face as they approa…
Tom's $100,000 ETF portfolio (with a twist) [not-audio_url] [/not-audio_url]

Duration: 1:00:56
Owen Rask and Betashares’ Tom Wickenden construct two themed $100,000 ETF portfolios — one focused on the rise of China and Asia, the other built as an “existential” hedge against US dominance and structural risks. In th…
The four stages of wealth: What to focus on at each stage [not-audio_url] [/not-audio_url]

Duration: 56:35
In this Australian Finance Podcast episode, Gemma Mitchell sits down with financial adviser, author and host of the Financially Fierce Podcast, Jess Brady. Jess is the author of Get Growing and founder of The Greenhouse…
Unclaimed money: Are you leaving free money on the table? [not-audio_url] [/not-audio_url]

Duration: 26:11
In this episode of The Australian Finance Podcast, your hosts Owen Rask and Gemma Mitchell dive into one of the easiest money wins of the year: finding unclaimed money. T hey uncover: – Why billions of dollars are sittin…
AI & your money, super strategies and SMSF ETF risks – Q&A [not-audio_url] [/not-audio_url]

Duration: 45:19
Explore how AI tools like ChatGPT can support (and mislead) your financial planning, understand key differences between pre- and post-tax super contributions, and unpack SMSF concerns around ETF custodial ownership. In t…
Super stats: How does your superannuation compare? [not-audio_url] [/not-audio_url]

Duration: 40:45
How does your super really stack up? Average vs top 10% super balances explained. In this episode of The Australian Finance Podcast, Gemma Mitchell and Owen Rask break down the latest Australian superannuation statistics…