Summer Series Part 9: Tax
Australian Finance Podcast
Income tax vs capital gains tax (CGT)
Owen and Gemma contrast income tax with CGT, tax on investment gains and key CGT rules.
Welcome to The Australian Finance Podcast Summer Series — your ultimate kick-start to the new year!
Across 10 bite-sized episodes, hosts Owen Rask and Gemma Mitchell help you reset your money mindset, build solid financial foundations, and make 2026 your best money year yet.
Plus — they’re putting their own tips to the test with the “Finders Keepers Challenge”, tracking how they each plan to find, save, or earn $10,000 by the end of 2026. Who will come out on top? Follow along and join the challenge yourself.
In this episode, we cover:
What tax is in Australia and who pays it
Why tax isn’t a bad thing and how it funds essential services
Gross vs net income explained simply
Capital gains tax vs income tax and how each works
How private health insurance works in Australia
Common tax deductions and what you may be able to claim
If you want to build confidence with your money, simplify your finances, and get ahead before 2026, this series is for you.
Resources for this episode
Follow Owen and Gemma’s progress- Finders Keepers Page https://www.raskmedia.com.au/finders/
Rask Tax Course- https://education.rask.com.au/courses/tax-course/
Buy Gemma’s book “The Money Reset”- https://amzn.to/42Uz0aK
Ask a question (select the Finance podcast): https://bit.ly/R-quest
~~ Show partner resources ~~
Join Pearler using code “RASK” for $15 of Pearler Credit: https://bit.ly/Pearler
Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith
View Betashares range of funds: https://bit.ly/beta-25
~~ Rask resources ~~
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question or give us feedback: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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