Welcome to episode 119 of The Numbers Game. On today's show, we delve into the heart of the current pressures that the Australian investment property market is facing due to rising interest rates and decreased demand for holiday rentals. We take a look at the impact on landlords and investors, and explore potential opportunities for first home buyers. 

On this episode, we discuss:

• Current pressures on the Australian investment property market
• The impact of increased costs for landlords
• The potential need for landlords to create a long-term plan
• How this situation impacts first home buyers positively
• The significance of the end of the year for fixed loan contracts
• Essential steps before deciding to sell properties

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to Episode 118 of The Numbers Game. In this episode, we delve into the areas that the ATO is cracking down on for the new financial year. From rental property owners, revised rules for home office expense claims, to the heightened checks on personal individual tax returns, we cover it all.

On this episode, we discuss:

• ATO's crackdown on rental property owners due to incorrect reporting
• New rules and risks in claiming home office hours
• Changes to tax returns, including study expenses and motor vehicle claims
• Expectation of lower tax refunds due to removal of low middle income tax offset
• ATO's data matching efforts for work-related expenses
• Importance of accurate tax advice

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to episode 117 of The Numbers Game. Today, we're discussing the pros and cons of buying a business versus organic growth. Using the case study of Kelly Partners, an Australian firm with 83 acquisitions to its name, we explore in detail both strategies.

On this episode, we discuss:

• Analysis of the strategy of buying a business versus growing organically, with reference to Kelly Partners' growth strategy.
• Pros and cons of buying a business, including rapid growth, established customer base, high costs, and potential cultural clashes.
• Pros and cons of organic growth, such as greater control, lower costs, slower growth, and higher risk.
• The crucial role of a clear growth strategy and understanding the market.
• Importance of due diligence, change management, and understanding the culture, staff, and existing directors when acquiring a business.
• Comparison of costs and factors to consider when buying a business versus growing organically.
• Insights on starting a business from scratch, including control, investment costs, flexibility, risks, and time and effort required.
• The benefits of leaving the existing owner in the business and having cash flow reserves.
• Importance of mentors and learning from the experiences of others.

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to episode 116 of The Numbers Game. On this episode, we are taking inspiration from Ange Postecoglou's remarkable football coaching journey. We'll dig deep into his leadership style and how these lessons could help you triumph in business and beyond. We'll also talk about the significance of team culture, effective communication, and visionary leadership

On this episode, we discuss:

• Leadership lessons from Australian football coach Ange Postecoglou
• Importance of detail-oriented approach and individual accountability in leadership
• Significance of team culture in a successful organisation
• Communication and feedback in effective leadership
• Balancing short-term and long-term goals
• Articulating a vision and getting stakeholder buy-in
• Humility as a key trait in effective leadership
• Commitment to constant improvement
• Role of mentors and diverse perspectives in leadership
• Use of visualisation and strategy in leadership
• Discussion of other successful leadership styles, such as Phil Jackson's

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to episode 115 of The Numbers Game. In today's show, we're taking a closer look at why big tech companies find Ireland's tax policies so attractive. We'll also be examining Australia's GST rate, exploring potential changes that could put more money back in your pocket. Plus, we discuss how balanced tax rates can drive innovation and growth.

On this episode, we discuss:

• Impact of taxes on businesses and individuals and the role of GST reform.
• The concept of increasing GST to reduce income taxes for all earners.
• Challenges associated with implementing tax reform and the government's role in ensuring fair taxation.
• The effects of globalisation on tax policies, with Ireland as a case study for attracting global corporations.
• The implications of a flat tax rate and its potential to incentivise top earners.
• The need for courageous leadership for effective tax reform.
• Insights into Australia's tax system and the potential benefits of reform for businesses and individuals.

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to episode 114 of The Numbers Game. In today's episode, we explore the factors impacting productivity rates in Australia. From the challenges of integrating technology to the dynamics of an aging workforce, we chat through the core issues affecting productivity.

On this episode, we discuss:

• "Zombie businesses" and their inability to invest in productivity improvement.
• Influence of productivity on business costs and its impact on inflation or Consumer Price Index.
• Services pricing not coming down, unlike goods pricing.
• Australia's productivity growth rate compared to other countries: lagging behind the average.
• Temporary productivity boost during the COVID-19 pandemic.
• Post-pandemic decrease in productivity and its reasons.
• Role of technology in enhancing productivity: example from Australian Manufacturers Expo.
• Challenge of improving productivity in service-heavy, non-manufacturing sectors like Australia.

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to Episode 113 of The Numbers Game. In today's show, we explore a report on Australians' shifting financial priorities. We look at the rising trend of financial independence, its growing precedence over home ownership, and the lasting impacts of COVID-19 on Australians' financial preferences.

On this episode, we discuss:

• Rising trend of financial independence surpassing home ownership in Australia.
• Impact of COVID-19 on Australians' financial preferences.
• Importance of financial education and strategic planning for achieving financial independence.
• Personal insights on balancing home ownership and financial independence.
• Significance of creating a safe nest and achieving work-life balance.
• Need for increased financial education, given the emphasis on financial independence.
• Exploring the role of home ownership as a vital financial resource for retirement planning.

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome back to Episode 112 of The Numbers Game. As we continue our journey in this second part of this episode, we further explore the remaining wealth lessons drawn from Morgan Housel's "The Psychology of Money". We'll dissect and discuss each lesson, sharing our interpretations and key takeaways.

On part-two, we discuss:

• The significance of avoiding debt and long-term investing.
• Exploring the role of reasonable financial decision-making and having backup plans.
• Identifying trends and patterns in financial markets to avoid herd mentality.
• Understanding that past events do not necessarily dictate future outcomes.
• The illusion of free market returns and the need for continuous learning.
• Balancing optimism with a realistic understanding of potential risks.
• The value of emotional management and humility in financial success.

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to Episode 111 of The Numbers Game. In this two-part episode, we delve into the 18 wealth lessons drawn from Morgan Housel's "The Psychology of Money". We dissect these lessons, discuss their significance, and share our interpretation and key takeaways.

On part 1, we discuss:

• The influence of personal experiences and worldview on our financial decisions.
• The game-changing impact of compounding and the benefits of starting investments early.
• Acknowledging luck's role in financial success and understanding its unpredictability.
• How living frugally and consistent saving are the bedrocks of wealth accumulation.
• The importance of diversification in mitigating investment risk and ensuring balanced growth.
• The value of financial education and its role in informed decision-making.
• The 'Man in the Car Paradox' - wealth isn't about showing off possessions, but about contentment and control over your time.
• True wealth is invisible, focusing on what you don't see - contentment, satisfaction, and personal values are the key.

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to Episode 110 of The Numbers Game. In this episode, we delve into the newly released Victorian State Budget. We examine how the transition from upfront stamp duty to a ten-year land tax could shape commercial property investment and potentially drive up rental costs for small businesses. On a positive note, we explore the new opportunities arising from lenders reducing buffer rates. We also shed light on the projected rise in work cover premiums.

On this episode, we discuss:

• Impact of stamp duty reform - pros and cons for commercial property investment and tenants
• Shift from upfront stamp duty to annual land tax - potential increase in rental costs affecting small businesses
• Annual property tax - potential effects on small businesses and investors
• Buffer rates reduction - its role in enhancing borrowing capacity in the property market
• Commercial property ownership - addressing challenges in the wake of Victoria's new tax regulations
• Increase in work cover premiums - understanding its potential repercussions for business owners

Check out the free resources from Inovayt here.

Send us an email: [email protected]

The Numbers Game is brought to you by Future Advisory & Inovayt.

Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic

This podcast is produced by VIDPOD.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.