Australian Finance Podcast

Hosts dive into timely listener questions around tax season and investment strategies. They tackle the nuances of ETF tax reporting and discuss why young investors may not need to prioritize rebalancing. The conversation highlights the importance of documenting your own taxes and choosing the right financial advisor or accountant. They also address gender representation in finance and offer insights on managing inherited assets and trusts, all while promoting an engaging dialogue over financial empowerment.

A million-dollar mistake in the property market takes center stage as the speaker shares valuable lessons from their financial journey. They discuss the dangers of sticking solely with shares and the power of a diversified investment strategy. By combining property and shares, significant growth could have been achieved. Insights into financial planning, leveraging tools like debt recycling, and the pitfalls of dogmatic investment approaches make for a thought-provoking discussion. Listeners are encouraged to rethink their financial strategies and embrace a holistic toolkit for wealth-building.

Rob Thomson, a key representative from the Australian Tax Office, shares invaluable insights to help you navigate the tricky world of tax returns. He discusses why tax time is crucial and highlights common pitfalls like work-related deductions and underreporting income. Listeners will learn three golden rules for claiming deductions and how to prevent ATO scrutiny. Rob also shares amusing anecdotes about bizarre deduction attempts—who would think a Nintendo Switch could be one?

Join an engaging discussion that dives into investing in Asian and Emerging Market ETFs, exploring risks and strategies for diversified portfolios. Hear firsthand experiences of a career change from fitness to finance, uncovering the motivations behind this leap. Enjoy a lighthearted take on acai bowl splurges, reflecting on financial values. The importance of relatable advice in finance shines through as listeners get practical insights on position sizing and investment strategies tailored to personal goals.

Dive into the world of growth investing as the discussion reveals three ASX companies with remarkable long-term potential. Discover why growth trumps dividends for many investors and learn key criteria for spotting top-tier growth stocks. Explore standout shares like Xero, a leader in cloud accounting, XRF Scientific's innovative testing technology, and RPM Global's mining software solutions. Plus, get the lowdown on a smart ETF alternative for those preferring a safer route. Perfect insights for every investment strategy!

Join financial planner Alex Luck from Everest Wealth Group as he tackles listener questions about money management. Discover if paying off HECS debt early is wise, and explore the differences between managed funds and ETFs. Alex dives into insurance premiums, breaking down stepped versus level options. He also sheds light on renting out your home without triggering capital gains tax and discusses the potential impact of the proposed $3 million super tax on young Australians. Tune in for essential money insights!

Discover how the First Home Super Saver Scheme can kickstart your journey to homeownership while saving on taxes. Learn the ins and outs of maximizing your superannuation contributions, eligibility criteria, and the importance of timing your deposit before key deadlines. The hosts debunk common myths and offer strategies for disciplined savings, comparing the benefits of the scheme against traditional savings accounts. Dive into essential planning tips and navigate the complexities of the system with valuable resources at your fingertips.

Navarre Trousselot, founder of Navexa and expert in investment tax organization, shares invaluable insights for Aussie investors as tax season approaches. He discusses what qualifies as investment income and untangles the complexities of capital gains tax (CGT) across shares, ETFs, and cryptocurrencies. Listeners learn smart strategies to optimize their returns and avoid common tax pitfalls. Trousselot also emphasizes the importance of accurate record-keeping and leveraging technology for efficient tax tracking, making tax time feel a little less daunting.

In this episode of The Australian Finance Podcast, your host Gemma Mitchell is joined by Lottie Dalziel – sustainability expert, founder of Banish, and author of 365+ Ways to Save the Planet, and your money at the same time.  They bust common myths about living more sustainably, explore the biggest impact changes you can make at home (that are good for both the planet and your wallet), and share practical tips to get started today – no perfection required. Whether you’re eco-curious or already composting like a pro, this episode will leave you inspired to take action that actually sticks. If you like this Australian Finance Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts. Resources for this episode - Find Lottie- Banish | Eco-Friendly & Plastic Free Online Store | B Corp | Australia - Buy Lotties book- Amazon | Booktopia | Dymocks | Readings | QBD Books - 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 Get 50% off your first two months using PocketSmith View Betashares range of funds ~~ 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 #finance #asx Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Australian Finance Podcast, Owen and Gemma are back for your weekly Q&A and answering your questions- covering investing in Gold, super, paying a lot of tax and much more! 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: - Is it risky using the First home super saver scheme given super is invested? - Help- I pay over $100k a year in tax- what can I do? - Making changes to super from age 60- why isn’t everyone doing this strategy?  - I want to add gold to my investment portfolio- where do I start? Resources for this episode - 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