Watch the presentation on YouTube here.

Ready to level up your tax knowledge? This episode promises to make you rethink everything you thought you knew about taxes. We're breaking down complex tax concepts and deductions, from understanding ordinary and statutory income to exploring work-related expenses and super contributions. We're paving the way for you to keep more of your hard-earned money in your pocket, demonstrating how to maximize deductions and create a direct connection between your expenses and your income. You'll walk away equipped with easy-to-understand strategies and insights, ready to tackle your tax journey with confidence.

But, we're not stopping there. This episode also pulls back the curtain on Capital Gains Tax (CGT). Ever wondered what could happen if you miscalculated your tax liability? Hint: it's not pretty. We're dissecting everything, from understanding your asset's cost base and depreciation to leveraging small business CGT concessions. We're revealing how to avoid the double taxing trap and ensure your investments are tax-effective. Whether you're a salaried employee or a small business owner, this episode is designed to help you navigate the tricky waters of taxes and ensure you're not paying a cent more than you need to. Buckle up for an enlightening and empowering tax journey!

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Can you imagine opening a third super fund, enabling you to accumulate assets outside of your retirement fund and plan for reduced taxes? What if you learned that you could retire earlier or cut down on work hours without stressing over super balance? Join me in this captivating discussion as we unlock financial planning strategies that propel you towards an early retirement. We'll unravel the power of a third superfund, and I promise you, it's a game-changer! Furthermore, we shed light on the dividend imputation system, a unique feature of Australia and New Zealand, aimed at avoiding double taxation of corporate profits.

As we venture into the intricate world of finance, we also explore how to leverage investment companies or trusts to manage your third fund effectively. 

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Click here to read the full blog.

Ever wondered why Perth’s property market remains stagnant despite booming markets elsewhere in Australia? Could Perth, in contradiction of its recent performance, soon be the next growth market? Prepare to have your assumptions challenged as we look at the current state of Perth's property market in a fresh light. Leverage insights from the Real Estate Institute of Australia and explore intriguing historical growth patterns which point to a potential surge in Perth’s property value.

We also take you on a balanced journey through the risks and rewards of investing in Perth. With its high rental yields, a tight rental market, and projected population growth, Perth may seem ripe for investment. But remember, it's not all rosy. There are risks to weigh, such as its reliance on the mining industry. Whether you’re a seasoned investor or a novice looking to enter the market, this episode is packed with invaluable data-backed insights that could change the way you view Perth's property market and your investment strategy. Tune in, and let’s decode the opportunities that Perth presents in the property investment landscape.

Property long term growth chart. 

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Read the full blog here.

What would you do if you had the opportunity to revolutionise your financial future? Join us as we navigate the complex world of investing and debt reduction, providing you with strategies and insights to build your wealth. This episode explores the importance of financial buffers, the power of reducing debts before retirement, and understanding how your cash flow responds to interest rate changes. We guarantee you'll walk away with a new perspective on managing your finances effectively.

Change gears with us as we delve into strategies for reducing debt when your income falls short. We evaluate various methods, including selling investments, drawing from your super, and even downsizing your home. We promise to equip you with the knowledge to make informed decisions, exploring the long-term average interest rates on home loans, potential earnings from investing in growth assets after tax, and the benefits of compounding capital growth. By the end of this episode, you'll understand the power of holding onto investments for the long-term, and how it can shape your financial future. Tune in as we guide you along the path to financial success.

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Read full blog here.

Do you ever ponder the enigma of superannuation returns and how they're impacted by elements such as increasing interest rates and shifting work dynamics? We promise you an enlightening exploration that would shed light on these queries. We chat about the performance of different industry funds during the 2022-23 financial year, despite the tumultuous times, and how they managed to finish above average. We pull back the curtain on the top 8 industry funds, pinpointing the factors that have influenced their performance, particularly the thorny issue of unlisted asset valuation. 

Intrigued about where you should be investing your money if you're a long-term player with a high-risk appetite? We tackle this head-on, highlighting the importance of share markets. We also take a critical look at the fees charged by industry super funds in comparison to client portfolios, offering insights on the potential advantages of making a switch. And as a cherry on top, we present a compelling reason why UniSuper may just be the best industry super fund for you. Tune in for a discursive journey into the intricate world of superannuation and industry funds.

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Ready to unlock the secret to successful investing that many overlook? This episode promises to reveal the power of patience in building a solid financial future. Inspired by the wisdom of Charlie Munger, Warren Buffet's long-term business partner, we'll explore how discipline and patience can yield incredible investment returns. Unpredictability is part and parcel of the short-term investment game, but when you're in for the long haul, returns become more stable. To illustrate, we'll walk you through a real-life example of a client who learned the art of waiting in property investment.

But the revelation doesn't stop there! We'll also help you grasp the vital role that major industry super funds play in managing your wealth. Get ready to understand the intricacies of the 2023 financial year superannuation returns. And here's the twist - the art of 'doing nothing' can be a game-changer in the world of investments. This episode is a blend of theoretical insights, practical examples, and anticipatory guidance, all aimed at equipping you to build a prosperous financial future. Tune in and elevate your investing prowess!

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Read the full blog here.

Are you ready to uncover the secrets of successful investing? I promise, this episode will equip you with the essential knowledge and strategies needed to lay a solid foundation for wealth-building. As your host, Stuart Wemyss, we'll be tackling the pivotal first steps in this wealth-creation journey. Drawing inspiration from Stephen Covey, we'll explore the necessity of having a clear goal, understanding the significance of wealth accumulation, and how it can radically alter your financial decisions.

But that's not all. We'll also be diving into the value of your team in wealth-building. Hear the insights on leveraging the experience of others to sidestep costly mistakes and enhance your decision-making prowess in investing. We'll also dissect the crucial aspect of mastering your cash flow, showing how to eliminate unnecessary expenditure and the importance of spending less than you earn. So gear up and join the conversation as we navigate the path to successful wealth-building together.

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Read the full blog here.

Are you ready to challenge conventional wisdom about investing and home loan repayment strategies when interest rates are on the rise? I share why it's essential to rethink your investment tactics in the face of increasing interest rates. We will compare after-tax returns from both scenarios - investing in growth assets or focusing on home loan repayment. By the end of the episode, you'll have a clear understanding of the significance of compounding returns and how they shape wealth building.

In the second half, we peel back the layers of uncertainty that cloud investment returns, emphasizing the importance of long-term strategies rather than chasing short-term gains. I offer strategies for balancing debt reduction and investing, showing you how it's feasible to reduce non-tax deductible debt while simultaneously investing. We'll consider personal circumstances, risk tolerance, and future income expectations to tailor the right approach for you. Tune in and discover how to navigate the turbulent waters of investing and home loan repayments in a high-interest-rate environment.

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Read the full blog here.

Ever thought about the financial impacts of owning a home versus renting? We'll be tackling this head-on today. I'm Stuart Wemyss, your guide through this financial labyrinth, and I'm going to clear up some key misconceptions around capital gains tax exemptions and how they can still apply even when renting out your property. We'll decode the six-year rule and its effects on your exemption. Plus, I'll break down the difference between land tax and capital gains tax, and explain how it impacts your exemptions. 

As we venture further, we'll explore how a downsizing strategy could be your ticket to paying off non-deductible debt, even if that dream home is a little out of reach. We'll also navigate the uncertainties of renting; like that all too familiar fear of being displaced if your landlord decides not to renew the lease. And we'll take a realistic look at the cost of maintaining a family home – spoiler alert, it can sometimes be higher than an investment property. Tune in for a wealth of knowledge, insights, and tips to help you blaze your trail to financial stability.

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.

Read the full blog here.

How long can we expect the current high interest rates to stick around, and what can we do to navigate this challenging financial climate? I share my  insights and tips on managing debt and restructuring loans to soften the blow of rising rates, while also taking a look back at interest rates over the past 40 years to make sense of the current situation. 

As we explore the impact of these higher rates on consumer spending, I also discuss how Australians have been taking advantage of lower interest rates by building up their buffers and reveal the surprising reasons why people with higher incomes have benefited more from low rates than those with lower levels of debt. Plus, I share two enlightening CBA charts that paint a clear picture of what's to come. Don't miss this essential episode to help you stay afloat in the rough waters of today's financial landscape!

Our most popular free guides:

Over the years we've written hundreds of articles. These three bring our best thinking together on the topics that matter most right now: choosing a super fund, debt recycling, and navigating the new tax changes.

Download them here

My new book, Wealth by Design, is out now:

Buy online or in bookstores. The ebook is available now, audiobook coming soon.

Got a question for the podcast?

Email us at [email protected]

Interested in working with our team?

Discover how we can work together

Subscribe to my weekly blog:

Stay connected here

Important

This podcast provides general information about finance, tax and credit. It doesn't take into account your specific objectives, financial situation or needs, so you need to assess whether it's relevant to your circumstances before acting on it. If you're not sure, speak to a licensed, trustworthy professional.