Money magazine announces appointment of new managing editor

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• Newbould was the magazine’s editor at large since December 2019

Rainmaker Information, publisher of Money magazine, has announced Julia Newbould has been appointed managing editor of Money magazine.

Newbould was the magazine’s editor at large since December 2019.

Newbould has more than 20 years’ finance journalism experience and was previously editor of Financial Planning and Super Review magazines at Reed Business Information; managing editor at InvestorInfo and managing editor at Morningstar Australia.

Her most recent role was at BT Financial Group in marketing and communications where she founded the Stella Network, a network group for women in financial advice. 

“I believe passionately in helping those who are keen to help themselves. We’re not all born equal and do not have the same opportunities in life, but through education we can make up for some of the initial inequalities.”

The Money team now comprises digital editor Sharyn McCowen and senior journalist David Thornton as well as its stable of contributors.

Michelle Baltazar, editor-in-chief Money magazine, says: “I’m happy to announce Julia as the new managing editor of our flagship consumer title. Her passion for helping people with better managing their finances has been well demonstrated.”

“Julia has a long career in financial media and last year published her first book The Joy of Money, co-authored with financial adviser Kate McCallum,” said Baltazar.

The Joy of Money won the Best Personal Finance and Investment book at the Australian Business Book Awards in 2020. It was also a runner up in the Health and Wellbeing category.

Newbould says she is thrilled to be taking the reins of the title and working with the team of writers that include Paul Clitheroe, Susan Hely, Annette Sampson, Vita Palestrant, David Thornton, and Pam Walkley as well as the wealth management professionals.

Research has shown 50% of Australians carry some anxiety about their finances, but with financial education and knowledge this reduces. Money takes pride in being able to relieve some of the anxiety people feel.

Last year, the Money team focused on helping people understand their position on super, debt, and unemployment and bounce back from setbacks as we all faced Covid issues.

“The magazine remains loyal to its original purpose to help everyday Australians better take care of their financial futures through understanding financial planning principles and investments,” Newbould says.

“Everyone who wants to know more about money to help them create the life they want should be able to access the information they need to make informed choices.

“We are in a privileged position to be able to help them find this information.”

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