Australian Finance Podcast

Forget about quick riches! This insightful discussion reveals the truth behind wealth-building in Australia. Learn five practical steps to reach $100k fast and how to grow that into a million. Drawing on wisdom from great investors, discover the power of compounding and the importance of personal agency in financial decisions. Emphasizing hard work, saving, and creative side hustles, the conversation highlights the value of specialization and responsible investing for long-term success.

Cameron Gleeson, a senior team member at BetaShares, dives into defined income ETFs that provide certainty for income-seeking investors. He explains how these ETFs differ from traditional bonds, showcasing their fixed maturity dates and steady distributions. Gleeson discusses their rising popularity in a falling interest rate environment and compares them to term deposits. He emphasizes their potential for retirees and highlights important factors like credit quality and liquidity that investors should consider when incorporating these ETFs into their strategies.

Mitchell Sneddon, Head of Funds Management at Rask and a regular on The Australian Investors Podcast, dives into a treasure trove of investing insights. He tackles the tax deductibility of advice fees and helps beginners navigate individual shares versus ETFs. The conversation also highlights the long-term effects of volatility decay in geared ETFs and how to diversify beyond common options like VAS and VGS. Comparisons of management fees shine a light on what truly matters when investing, making this a must-listen for savvy investors.

Discover simple money math concepts that can help you take charge of your finances without the intimidation of complicated calculations. Learn the Rule of 72 to estimate how long it takes to double your money. Understand the FIRE number to gauge the savings needed for financial independence. Explore the 4% rule for safe annual withdrawals in retirement. These practical tips are designed for anyone looking to improve their financial literacy and build a secure future.

In this episode, Alex Luck, financial advisor and co-founder of Everest Wealth, shares invaluable insights on money management. He emphasizes the importance of setting achievable financial goals and the balance between education and advice. Listeners learn strategies for dealing with debt and cash flow, aligning spending with personal values, and making that crucial first investment. Alex also addresses common pitfalls like analysis paralysis. His practical tips provide a solid foundation for anyone looking to kickstart their financial year with confidence.

Explore the intriguing world of debt recycling and learn how to transform your home loan into a tax-effective investment strategy. Discover tips for finding a good accountant or financial adviser to navigate your finances. Delve into superannuation strategies, especially for those on maternity leave, and consider crucial questions around investing that $10,000 thoughtfully. Plus, find out about government co-contributions and the impact of setting boundaries to protect your funds from family mishaps. It's a treasure trove of financial wisdom!

Discover the vital questions to ask your accountant this tax season to unlock missed deductions and minimize your tax. Learn why taking charge of your tax responsibilities is essential and how proactive planning can enhance your financial future. Explore the hidden perks of regular communication with your accountant and why understanding investment structuring matters. This engaging discussion also highlights the pitfalls of DIY tax returns, making it clear that having a skilled accountant can significantly impact your financial strategies.

In this discussion, Cameron Gleeson from BetaShares, a leading expert on currency and investments, explores the intricacies of currency hedging for Australian investors. He breaks down what currency hedging means and how the AUD/USD exchange rate impacts returns. Gleeson distinguishes between hedged and unhedged ETFs, explaining why hedging can reduce volatility. He also offers insights into tax implications and shares strategies for managing risk, providing valuable tips for anyone with a global investment portfolio.

In this episode of the Australian Finance Podcast, Owen and Gemma are back for your weekly Q&A and answering your questions. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts. And send in your questions via the link below.  Your questions answered today: - The collapse of First Guardian superannuation fund- plus how you can protect yourself.  - What is a margin loan and how it differs from Gearing.  - Stepped vs Level insurance premiums- how they work and what to consider. - Selling your investment property capital gains tax free- is it too good to be true?! - Plus Owen and Gemma talk about the start of something big… for the business, but also with their new little Raiz accounts.  Resources for this episode - ASIC information on First Guardiam - https://www.asic.gov.au/about-asic/asic-investigations-and-enforcement/enforcement-activities/first-guardian-master-fund/ - Episode on Tracy Hall rebuilding after her super and investments was stolen by a con man she trusted- https://youtu.be/X_cEZZjBIcs?feature=shared - Book in for an insurance review- https://www.raskmedia.com.au/services/life-insurance/ - Book in for Rask financial advice- https://www.rask.com.au/advice/ - PreSales for 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: 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover essential strategies to supercharge your retirement savings! Learn about the common pitfalls of superannuation, including misunderstood fees and the impact of insurance on your balance. Find out why selecting the right investment option is crucial and how you can take advantage of the $500 government co-contribution rule. Real-life comparisons of fees and returns shed light on making smarter financial choices as you age. Empower your financial future with these actionable tips!