Friends With Money #97: Budget 2023 forecast

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With the 2023 Federal Budget drawing near, what are the economic pressures facing the country and what can we expect to see when the budget is handed down on May 9?

That's the topic of discussion in this episode of the Friends With Money podcast featuring host Tom Watson and HSBC's chief economist for Australia and New Zealand, Paul Bloxham.

  • What are the economic issues providing the backdrop to the budget?
  • Will there be any cost of living relief for households?
  • Can we expect any changes in the superannuation or tax space?
  • What else might we see in the budget?

friends with money podcast 97 budget 2023 forecast

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

Why subscribe to the Friends With Money podcast?

Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

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Tom Watson is a senior journalist at Money magazine, and one of the hosts of the Friends With Money podcast. He's previously worked as a journalist covering everything from property and consumer banking to financial technology. Tom has a Bachelor of Communication (Journalism) from the University of Technology, Sydney. Connect with Tom Watson on LinkedIn.

Paul Bloxham is HSBC's Chief Economist for Australia, New Zealand and Global Commodities and is a Managing Director. He is chief spokesperson for HSBC on forecasts and trends for the Australian and New Zealand economies and their interaction with global financial markets and international economies and a key spokesperson on HSBC's unique view on global commodity markets. Paul is also an Adjunct Professor at Curtin University. Prior to joining HSBC in 2010, he spent 12 years as an economist with the Reserve Bank of Australia. Paul holds a Master's degree in public financial policy from the London School of Economics and Bachelor of Commerce in economics with honours from Curtin University.