The 12 May federal budget made big moves on family trusts, capital gains tax and negative gearing. Phoebe walks through what actually changed, who it affects, and the steps to take now, with women at the centre of the conversation.

The federal budget handed down on 12 May proposed three major tax changes. First, from 1 July 2028, discretionary (family) trusts will pay a minimum of 30 percent tax on their taxable income, effectively ending the income splitting strategy that has run Australian family businesses for fifty years. Second, from 1 July 2027, the 50 percent capital gains tax discount is being replaced by cost base indexation with a 30 percent minimum tax on the gain. Third, negative gearing losses on residential property purchased after 7.30pm on 12 May 2026 will only be deductible against other residential property income, not against salary or wages. None of these measures are law yet. Women are often the beneficiaries of family trusts they did not set up, which makes the trust change especially worth understanding.

This episode is general in nature and is not personal financial or tax advice. None of these measures are law yet; they are proposed. Phoebe's key sources were the ATO explainer sheets. Speak to your accountant or licensed financial adviser about your own situation.

When my friend Kate (not her real name) broke down on the phone to me three weeks into managing her father's estate, and the line she said that I have heard from a hundred women: "I'm doing all this and I haven't even looked at my own super in years." I had one thought!

There's a phrase doing the rounds; eldest daughter syndrome! It's funny on Instagram until you realise the finance industry has been tracking the same thing for years, and it has some really scary implications for our generation.

JBWere call it the oldest daughter effect. When wealth transfers in an Australian family, it's the eldest daughter who is most likely to end up managing the estate - roughly 50% more likely than other siblings. She didn't ask for it. She's just the one everyone already trusts to deal with things.

In this episode, we unpack what happens when the woman who has carried everyone, suddenly has to carry the money too. We look at the largest intergenerational wealth transfer in Australian history — somewhere between $3.5 and $5 trillion and the staggering fact that about 65% of it is heading into the hands of women. Most of whom have never been the financial decision-maker in their own lives. If we want the world to change we need to understand what this means.

We talk about the three disasters that no one talks about and drain inherited wealth: the wrong-beneficiary super, the death-benefits tax mistake, and the inherited adviser nobody chose. We walk through five things you can do this week to step out of the eldest-daughter trap and into your own financial authority, including the one nobody tells you about: breaking the silence.

This is the episode to send to your sister, your mother, your daughter, and the friend who has been carrying it all alone because taking this on gives us the opportunity to impact the world.

#EldestDaughterSyndrome #EldestDaughter #WomenAndMoney #AustralianWomen #MyHappyMoneyJourney #PhoebeBlamey #MidlifeMoney #WomenOver50

Think women are bad with money? Think again.

In this episode, we unpack the truth about spending habits, financial confidence, and why intelligent spending—not restriction—is the real key to taking control of your money.

If you’ve ever felt guilty after buying something, avoided checking your bank account, or swung between being overly frugal and overspending, you’re not alone. And more importantly—you’re not broken.

Phoebe shares real-life examples of how intentional spending works in practice, including how she saved over $300 on headphones and cut the cost of a 20-book series down to $40—without sacrificing quality or outcomes.

This episode introduces a simple but powerful 4-question framework to help you make smarter financial decisions on any purchase over $50. It’s practical, realistic, and designed for women who want to feel in control of their money again.

Because financial confidence doesn’t come from earning more—it comes from knowing how to decide.

If you’re suddenly finding yourself pausing before you open your banking app, this episode will hit close to home.

Because the pressure is real right now, rising costs, inconsistent income, tax debt, family responsibilities… it adds up. For most of us, it doesn’t explode overnight — it quietly builds until things feel tight, overwhelming, or just not sustainable anymore.

In this episode, Phoebe Blamey breaks down what’s actually happening beneath financial stress, especially for capable women who are used to handling everything.

We talk about why smart, successful women still end up in financial hardship… how fear and avoidance start to shape your decisions… and why confidence drops long before the numbers are fully out of control.

This isn’t a “budget better” conversation.

It’s a real look at how financial pressure builds — and more importantly, how to take back control without shame or panic.

You’ll learn how to recognise the early signs of financial stress, what’s really going on psychologically when you start avoiding money, and the exact conversations to have when things feel unmanageable — whether that’s with your partner, your lender, or the ATO.

If you’re dealing with tax debt, cash flow issues, or that constant background anxiety about money… this episode will help you step out of avoidance and into action.

Because you’re not failing.

You’re responding to pressure.

And once you understand that — you can change it.

You’re smart. Capable. Experienced. You run businesses, families, teams, and entire lives.

So why does the conversation about money still make you go quiet?

In this episode, Phoebe breaks down one of the biggest hidden issues facing women — not a lack of intelligence, but a lack of financial language. When you don’t fully understand money, you don’t lean in… you retreat. And that avoidance quietly costs you power, confidence, and control.

This is not about shame. This is about clarity.

Phoebe walks through six essential money concepts that most people think they “should” understand — but often don’t — and explains them in simple, real-world terms. More importantly, she unpacks how getting it wrong creates fear, and how fear leads to avoidance.

And why that cycle stops here.

Because money isn’t about being good or bad. It’s about understanding the rules — and deciding to learn them.

If you’ve ever reached a point where you’re wondering what comes next, this conversation will help you reconnect with your own direction and start designing the next chapter intentionally.

In this episode of My Happy Money Journey, Phoebe explores why this question can feel so difficult — and why midlife is actually the most powerful moment to answer it.

You’ll learn how identity, motivation and even brain science influence the direction of your life. Phoebe breaks down powerful ideas from psychology explaining how clarity about your future changes the opportunities you see and the actions you take.

The episode also explores why intrinsic not extrinsic motivation is so powerful and why many women spend decades pursuing goals driven by expectations rather than personal meaning.

Most importantly, Phoebe explains why you don't need a million dollars but you do need clarity! Financial clarity creates agency the ability to make decisions about your life without fear.

If you’ve ever reached a point where you’re wondering what comes next, this conversation will help you reconnect with your own direction and start designing the next chapter intentionally.

If nothing about your life changed financially in the next ten years…

Your income stayed the same. Your savings stayed the same. Your health stayed the same.

Would you feel calm about the future or worried?

In this episode, Phoebe Blamey explores why midlife may be the most powerful decade to reshape your financial future. With greater earning capacity, life experience, and clarity about what truly matters, women in their 40s and 50s are uniquely positioned to design the next chapter of their lives.

Rather than drifting through financial decisions, this episode looks at how women can move toward intentional wealth, financial independence, and lifestyle freedom.

Phoebe explains the three financial paths many people drift into — survival mode, comfortable but constrained, or intentional wealth — and how thoughtful planning can help you design a future with more choice and confidence.

You’ll also discover why financial planning alone isn’t enough. Health, strength, and energy are essential foundations for enjoying the wealth and freedom you’re building.

If you’re a woman navigating midlife, thinking about retirement planning, financial independence, or simply wanting more control over your money and your future, this episode will help you start designing the next ten years intentionally.