In this episode of In the Balance, host Phil Tarrant is joined by long-time accountant and trusted adviser, Munzurul Khan, from KHI Partners to unpack the crucial, but often overlooked, role of risk management in wealth creation.

With a professional relationship spanning more than a decade, Phil and Munzurul explore how trust, discretion, and a deep understanding of personal goals underpin financial decision-making.

Munzurul shares how managing risk isn’t about avoiding it altogether, but about understanding your profile, building robust structures, and making informed, pragmatic decisions. He highlights the importance of staying ahead of compliance obligations, and leaning on trusted advisers, particularly accountants, to orchestrate a cohesive financial strategy.

From navigating ATO audits and structuring property investments, to ensuring cash flow, interest deductibility, and appropriate insurance cover, this episode offers a practical masterclass in risk mitigation for investors.

Phil and Munzurul then discuss the power of curiosity and adaptability in today’s changing economic climate, and why strategic patience is key to staying the course.