
97: How to save up to $5k with the 'hack' of salary packaging, with Mike Daley from Smart

Description of 97: How to save up to $5k with the 'hack' of salary packaging, with Mike Daley from Smart
Amidst all this talk about the cost of living crunch, there's one overlooked 'hack' that could save people over $5k. It's salary packaging, or salary sacrificing. The savings aren't explicit, but you do save on tax.
Many people know they can salary sacrifice super contributions, but did you know with some workplaces you can also do it for your petrol, transport, groceries, your mortgage, and your car? Some professions can sacrifice around $16k.
Here to chat about that is Mike from Smart Salary Packaging, which works with companies to deliver their packaging schemes. He discussed the benefits, as well as probably the hottest topic - novated leasing, and if it's worth it. Great insightful chat!
Plus we spoke to resident finance journalist Harry O'Sullivan on the first two months of Trump's presidency, what the steel tariff means for Australia, if it means 'recession', what it could mean for other sectors, and what it means for finances and shares domestically.
And all the latest news and savings tips of course.
00:00-01:50 - Intro
01:50-05:50 - Savings Tips - Enter Competitions & $69 Dreamworld Annual Pass
05:50-08:54 - Rabobank cuts savings rates again
08:54-13:25 - Super for housing could boost house prices by 10%
13:25-17:48 - New $4k cashback offer from Police Bank
17:48-32:54 - Trump's first two months as president, reviewed by Harry O'Sullivan
32:54-46:57 - The benefits of salary sacrificing, with Smart's Mike Daley
46:57-48:13 - Outro