This series aims to help you take control of your finances with clarity and confidence. Roger is the Founder and Chairman of Montgomery Investment Management, has over 30 years’ investing experience and is a highly respected financial commentator featuring on various ABC programs, as well as his popular column in The Australian newspaper. He is also the author of best-selling investment guidebook Value.able.  

In this episode, Roger goes through the biggest bombshells from this year’s budget and what the practical implications are for you and your money. 

He explains why the changes to the budget don’t actually benefit young Australians, and therefore positioning it in this way is simply untrue. 

We talk about the hype around SpaceX being publicly listed, overtaking Amazon in market value, and Roger shares his thoughts on whether the hype is real or if this company has been overvalued. 

We also discuss private credit funds and why they can be a good investment option for people that want good returns without the volatility of the share market.

As always, we loved having this conversation with Roger in the studio. He always makes us feel more calm and confident about our financial decisions. We hope you enjoy this episode as much as we did.  

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com 

Find out more about Montgomery Investment Management here - https://montinvest.com 

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit 

Read Roger’s Whitepaper on private credit funds here -    https://rogermontgomery.com/wp-content/uploads/2026/04/Whitepaper-_-cutting-through-the-noise-why-australian-private-credit-stands-apart.pdf

Learn more about Roger and read his articles here - https://rogermontgomery.com 

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/ 

Follow Roger on IG here - https://www.instagram.com/rogerjmontgomery/ 

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery 

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/ 

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/ 

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts 

See omnystudio.com/listener for privacy information.

This series aims to help you take control of your finances with clarity and confidence. Roger is the Founder and Chairman of Montgomery Investment Management, has over 30 years’ investing experience and is a highly respected financial commentator featuring on various ABC programs, as well as his popular column in The Australian newspaper. He is also the author of best-selling investment guidebook Value.able.  

In this episode, Roger reassures us that despite everything that’s going on globally, it’s not all doom and gloom when it comes to the economy and markets. 

Are we in a recession? We discuss why the cost-of-living crisis and how this is changing our spending habits, plus the latest pricing tricks used by supermarkets and airlines. 

We also talk about property and why Roger believes that people who are predicting that property prices in Australia will fall by 40% are wrong.  

He goes through all of the reasons why this isn’t likely to happen and explains the 2 major drivers of property prices.  

He also shares his thoughts on negative gearing and capital gains tax, and what they mean for investors – very timely given this week’s Budget announcement. 

Is now a good time to spend or save? Roger gives us an excellent and practical tool for how we can build up our savings when the cost of living is high.  

Roger also shares his insights about where we should be investing now and goes through the difference between various private credit funds and the importance of investing in quality.  

As always, we loved having this conversation with Roger in the studio. He always makes us feel more calm and confident about our financial decisions. We hope you enjoy this episode as much as we did.  

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com 

Find out more about Montgomery Investment Management here - https://montinvest.com 

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit 

Read Roger’s Whitepaper on private credit funds here -    https://rogermontgomery.com/wp-content/uploads/2026/04/Whitepaper-_-cutting-through-the-noise-why-australian-private-credit-stands-apart.pdf

Learn more about Roger and read his articles here - https://rogermontgomery.com 

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/ 

Follow Roger on IG here - https://www.instagram.com/rogerjmontgomery/ 

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery 

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/ 

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/ 

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this episode, we take a look at the changes that are currently happening in the world, and how that could impact our finances. Roger explains how the tailwinds that have benefited the stock markets in the past, and have benefited the Baby Boomers and Gen X are shifting, and why that means we need to consider other investments.

Roger talks about the importance of diversification and how you need to look at investing in things that don’t move the same way as your existing investments. He discusses alternative investment options that can provide you with regular income, low capital volatility and attractive returns like private credit and the differences in those types of funds. He also explores high-frequency trading and arbitrage strategies, which historically were largely accessible only to institutional investors.

We talk about the impact of AI on certain industries, particularly the software as a service industry, which has been the biggest industry people have invested in over the last 25 years. 

Roger also gives us his best insights into what will likely happen in the markets in 2026 and what he thinks will be wise investments this year. And we also answer some listener questions for you. 

As always, we loved having this conversation with Roger in the studio. We are so grateful to have found someone that makes us feel safe and relaxed to talk about our finances and empowers us with the tools to take control and feel more confident. We hope you enjoy this episode as much as we did. 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com

Find out more about Montgomery Investment Management here - https://montinvest.com

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit

Read Roger’s article from The Australian that’s referenced in this article - https://rogermontgomery.com/the-australian-private-markets-offer-refuge-as-the-traditional-60-40-portfolio-crumbles/

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger on IG here - https://www.instagram.com/rogerjmontgomery/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this episode, we take a look at what really shaped investment markets in 2025 and what we should all think about as we head into 2026. We chat about the impact that Trump has had on the world of finance and what the main themes were from the year - the big one being artificial intelligence (AI), along with increased interest in Gold and Bitcoin. 

Roger talks about the impact that AI technologies have had on the markets, and why he believes there isn’t enough money to provide a return on the amount of investment being funnelled into AI, so the bubble will either burst or gradually deflate over time. 

We also wrap up the key takeaways from the 6 episodes of Over The Money Fence this year, answer some listener questions, and talk about what may be in store for investors in 2026. 

As always, we loved having this conversation with Roger in the studio. We are so grateful to have found someone that makes us feel safe and relaxed to talk about our finances and empowers us with the tools to take control and feel more confident. We hope you enjoy this episode as much as we did and we can’t wait to welcome Roger back to Over The Money Fence in 2026.

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com

Find out more about Montgomery Investment Management here - https://montinvest.com

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger on IG here - https://www.instagram.com/rogerjmontgomery/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this episode we chat to Roger about 2 of the most talked about assets - Gold and Bitcoin. Roger tells us the story behind Gold and why it has skyrocketed to record highs in the current climate. He explains why investors turn to Gold in times of uncertainty and why at the end of the day, it’s more of a bet, rather than an investment. 

We also go through crypto currency in simple terms. Roger teaches us what the blockchain is, why Bitcoin is becoming more and more mainstream, and how to invest in digital assets like Bitcoin without as much of the risk or volatility. 

This is such an interesting episode that helped us really understand the ins and outs of Gold and  Bitcoin, and as always we learnt so much from Roger. We hope you love his simple way of breaking down finance for us and come away feeling more calm and confident like we do. 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com

Find out more about Montgomery Investment Management here - https://montinvest.com

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this conversation we talk about the different ways that you can build wealth, and for our younger listeners, we go through why it’s so important to start now. We talk about the incredible impact of compounding interest over time - and Roger shares with us some amazing numbers of what you could expect to earn if you were to start investing from an early age. 

We also talk about the different options available when it comes to investing - from shares, to property, to private credit - Roger takes us through each one and why you might choose one option over the other. 

Finally we talk about crypto currency and where this fits into your wealth building. Roger shares some interesting benefits of digital assets like crypto, and brings another fresh perspective to the table. And we go through some listener feedback and questions we received after our last episode, so stay tuned for those. 

We love these episodes with Roger because we get to learn so much practical information that we can actually digest and implement. We hope you are also getting a lot out of this series. Keep sharing your feedback with us. 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com

Find out more about Montgomery Investment Management here - https://montinvest.com

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this conversation we chat about a simple framework that you can use to build a robust retirement portfolio - the 3 bucket strategy. Roger takes us through the benefits of having a structure and a plan, and how it can bring us so much peace of mind that we will be able to enjoy our retirement - which could be arguably the most enjoyables years of our lives.

We go through what each bucket is for, how they support your present needs and your future self, and the way you work with all 3 buckets to make sure you can feel calm, confident and not at the whim of market fluctuations. 

Roger also gives us a brilliant overview of private credit funds - what they are, why they’re a relatively new way to invest, the different things to be aware of when you’re choosing a private credit fund, and why he thinks this is an important thing to consider when it comes to bucket 2. 

We also hear about the wonderfully positive impact these conversations have been having on Nicola and Di, and how they feel so much calmer about finances these days. 

As always, this episode was full of so much valuable information and we’re so glad to be able to bring you these conversations with Roger where we are learning so much. We hope you are too. 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com

Read the summary of the three-bucket strategy here - https://rogermontgomery.com/the-three-bucket-strategy-for-building-a-retirement-portfolio/

Find out more about Montgomery private credit funds here -    https://www.montinvest.com/privatecredit

Find out more about Montgomery Investment Management here - https://montinvest.com

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this conversation we chat about how to manage your money wisely at every age and every stage of your life. Roger goes through each generation from Gen Z, to Millennials, to Gen X, to Boomers and what you might need to focus on or consider when it comes to your finances for that stage of your life.

Regardless of where you’re at in life, Roger recommends having a wealthing account. Entirely separate to a savings account, this account is where you focus on building wealth. As he suggests, a great financial habit to start is to pay yourself first into this account

Roger talks about the benefits of taking some risks when you’re younger, why he thinks spending a lot of money on a wedding isn’t the best financial decision, why starting a side-hustle and being entrepreneurial is a great idea if you’ve got the drive and why paying down your mortgage first can make good financial sense. 

We also weigh up the pros and cons of investing your money in an investment property versus a private credit fund. Roger gives us solid ways of being able to make those decisions by making sense of and evaluating the true returns you’re getting on any investment you’re making. 

As always, this episode was full of so much valuable information and we’re so glad to be able to bring you these conversations with Roger where we are learning so much. We hope you are too. 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com

Find out more about Montgomery Investment Management here - https://montinvest.com

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

In this conversation we chat about the sandwich generation - women in their 50s and 60s who have the dual responsibility of caring for their elderly parents, and trying to support their adult children. We talk about the unique challenges this group faces when it comes to their finances and Roger has some calm and reassuring advice. 

Roger takes us through the difference between a financial adviser and a fund manager, and why it’s a good idea to always take your time and get a second opinion. He gives very practical advice for how you can find a good financial adviser to speak to about your finances (listed below), and why it’s in your interests to do so. 

Roger also talks about the importance of having conversations with your children and family before it’s too late, about your will and the plans you have for your money after you’re gone. Talk through the plans together and come to some agreements, so there aren’t any unnecessary disputes. As Roger says in this episode - it’s very dangerous to write in a will that you’ll leave everything to your children equally. Tune into the episode to find out why. 

Come and see Roger speak in person at our Over The Back Fence live event, happening on the 19th of June at the Woolly Bay Hotel in Sydney. You can buy your tickets here - https://events.humanitix.com/over-the-back-fence-podcast-9r2scfqj/tickets 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. 

Find out more about Montgomery Investment Management here - https://montinvest.com

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

Industry awards for financial advisers:

IFA Excellence Awards: https://www.ifa.com.au/excellence-awards/winners/2024-winners-and-finalists?utm_source=Money+Management&utm_medium=editorial&utm_campaign=winnersstorywinnerslink&utm_term=IFAEXA2024

Australian Financial Industry Awards by the Institute of Financial Professionals: https://online.ifpa.com.au/

Financial Advice Association (FAAA) awards: https://faaa.au/faaa-announces-2024-awards-finalists/

The Australian’s - Barron’s Top 100 Financial Advisers: https://www.theaustralian.com.au/business/wealth/top-100-financial-advisers-list-a-stronger-more-competitive-industry-for-2024/news-story/22e0c091cf9e24efba07f08cb6aa9370    

Other helpful money resources mentioned:

The Financial Advice Association (FAAA) is the industry body for advisers - and has an online directory ‘Find a planner’ (https://find-a-planner.faaa.au/) – where you can search by location, years of experience and areas of focus.

The Government’s Money Smart website: https://moneysmart.gov.au/

See omnystudio.com/listener for privacy information.

In this conversation we chat about a really important topic - where should you invest when markets feel wild and you feel scared? Roger gives us such reassuring and calming advice about what we need to pay attention to, what we can tune out, and why it’s important to take your time when it comes to making financial decisions. 

He is able to explain the share market in a way that’s not only understandable, but interesting and talks to us about the difference between speculating and investing. We also talk about other ways of investing that aren’t as volatile as the share market, including private credit, gold and term deposits. Roger gives us a brief overview of the pros and cons of each of these investments, and why you might choose one over the other. 

We also have a meaningful chat about what’s really important in life, and that true value lies in the relationships we have with the people we love. 

We learnt so much from Roger in this episode, and more importantly we already feel more calm and confident when it comes to our finances. Roger also set some homework for us all this month -  get all of your investments down on paper, make sure you know where all your money is, and find out what return they’ve been generating for you.

Stay tuned until the end of the episode to hear Di, Nicola and their producer Sam chat about what impacted them from this conversation - believe it or not, there are tears already. 

This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. 

If you're interested in further information about managing and protecting your financial future, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com.

Find out more about Montgomery Investment Management here - https://montinvest.com

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Follow Nicola and Di on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcasts

See omnystudio.com/listener for privacy information.

We really wanted to have Roger on our podcast because he has a gift for making investing andfinances so easy to understand, and he keeps things relevant and fun. He is full of wise advice and has even been described as the Warren Buffet of Australia. Roger is also a family man, with a beautiful wife and 3 children, who we get to hear more about in this interview.

In this conversation Roger helps us understand how we can become more aware of our attitude towards money and how it forms when we’re really young. He shares with us a great little test you can do with your kids, which will give you a good idea of whether they’ll be a good saver when it comes to money, or whether they’ll spend it. 

Roger chats to us about the money challenges that women in their 50s and over are facing, with divorce rates going up and many women being faced with a situation they weren’t expecting, and having to learn how to navigate their financial future, which can feel a bit daunting at times. We talk about why it’s so important to learn more about managing your money, slow down rather than being rushed into a financial decision, surround yourself with people you trust, and be more empowered when it comes to your money. 

We also get to hear a little bit of Roger’s personal story, the jobs he had as a kid and the values his mum instilled in him at an early age. Roger shares the beautiful story of how he met his wife on the ferry when he was 27, and they’ve now been married for 26 years.  

Di brings up her fear of the stock market, and Roger gives her some great, calming advice. The good news is, this is the very beginning of our conversations with Roger, who is going to teach us everything we need to know about finance and help break down some of the fears we might have when it comes to money or investing. We are thrilled to announce we will be doing a monthly series with Roger called Over the Money Fence, which is going to help us all feel more confident about managing our money. 

Happy 100th episode! We hope you enjoy this conversation as much as we did and we want to say a huge THANK YOU to all our listeners who have been with us from the beginning, and to those who have joined along the way. We could not do this without you.  

This episode is proudly sponsored by Eir Women. Use code OTBF20 at checkout to receive a 20% discount on any purchase.

Find out more about Montgomery Investment Management here - https://montinvest.com

Learn more about Roger and read his articles here - https://rogermontgomery.com

Buy Roger's book Value.able here - https://rogermontgomery.com/valueable-book/

Follow Roger’s YouTube channel here  - https://www.youtube.com/user/rogerjmontgomery

Follow Roger on X here - https://x.com/rjmontgomery

Follow Roger on Facebook here - https://www.facebook.com/montgomeryroger/

Follow Roger on LinkedIn here - https://www.linkedin.com/in/rogermontgomery/

Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/

Buy your Eir Women products here. Use code OTBF20 at checkout for a 20% discount

See omnystudio.com/listener for privacy information.