Australian Finance Podcast Owen is losing sleep & $27 Million fines- Q&A
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May 15, 2025 Owen and Gemma tackle intriguing financial questions, such as the essence of true wealth and the implications of hefty superannuation fines. They provide clarity on the house-flipping dilemma—renovate or prioritize loan payments? Listen for insights on teaching kids about investing and the nuances of ETFs versus shares. Owen's restless nights are linked to a significant financial commitment, adding a personal touch to the discussion. Don't miss the engaging banter and valuable advice on strategic property investments!
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Owen's Big Lease Anxiety
- Owen Rask is nervous about signing a multi-year office lease, which is the biggest financial commitment he's made besides a mortgage.
- He's been worried about this lease document for over two weeks, losing sleep over the decision.
Super Fund Fines Don't Hurt You
- Super fund fines are paid by the company, not from member accounts, so your super balance is safe.
- ASIC fines often arise from trustee mismanagement, and members get reimbursed if fees were wrongly charged.
Tax Basics for New Investors
- You'll pay tax on investment income including dividends and capital gains for the financial year ending June 30.
- New investors without sales or dividends likely won't owe tax, but should keep good records for tax reporting.