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June 25, 2024

68: Why the tax cuts don't go far enough, with Allan Mason, Kerry Packer's former accountant

38 minutes

This week we spoke to Allan Mason, the former accoutant of media mogul and industry titan Kerry Packer. To paraphrase Kerry, he famously told parliament one day, "Anyone who doesn't try to minimise their tax should have their head read".

And there's a lot of taxes in Australia, so Allan showed us how to minimise your tax burden, whether you earn $50,000 or $50 million. The best secrets are in his book, Tax Secrets of the Rich, however - now updated for 2024.

Plus we chat to resident finance journo Bernadette Lunas on the latest property price forecast. And of course, all the latest news.

00:00-01:24: Intro

01:24-03:40: Savings Tips of the Week

03:40-05:30: WA $400 energy bill relief

05:30-09:02: UBank boosts savings rate to 5.50% p.a.

09:02-11:45: Bankwest dumps travel insurance on popular credit card

11:45-20:21: House price forecasts with Bern

20:21:37:03: Allan Mason, Tax Secrets of the Rich

37:03-38:53: Outro

...more