Hosted by Australian financial and investment advisers, Dylan Pargiter-Green & Luke Laretive, Wealth & Toil helps Australians navigate the global financial markets, optimise their finances, and strategise to get the most out of their businesses. We'll share some of our client's case studies, investment tips and a few of the lessons we've learned running financial advice and investment management companies.
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licenced Financial Advisors, we don’t know your personal circumstances, goals or objectives. We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
Hosted on Acast. See acast.com/privacy for more information.
Hosted by Australian financial and investment advisers, Dylan Pargiter-Green & Luke Laretive, Wealth & Toil helps Australians navigate the global financial markets, optimise their finances, and strategise to get the most out of their businesses. We'll share some of our client's case studies, investment tips and a few of the lessons we've learned running financial advice and investment management companies.
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licenced Financial Advisors, we don’t know your personal circumstances, goals or objectives. We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
Hosted on Acast. See acast.com/privacy for more information.
In this episode of "Wealth and Toil," hosts Luke Laretive and Dylan Pargiter-Green discuss the federal budget, downturns in consumer spending, fears around investing in foreign markets, and the importance of understanding investments rather than following trends.
Australian Federal Budget Overview
- Stage three tax cuts implemented, with a reduction benefiting lower and middle-income earners
- The indexation of HELP/HECS debt to wage increases instead of inflation
- Small business support through instant asset write-offs for assets up to $20,000
Immigration and Economic Impact
- High net migration in 2022 leading to increased consumption and low unemployment
- Reduction in new immigration expected to have a contractionary effect on spending
IPO of Sun Silver
- Seneca Financial Solutions cornerstoned the IPO of Sun Silver
- Positive performance with shares trading significantly higher post-IPO
Market Performance
- Industrial sector outperforming the resources sector on the ASX
- Market conditions favourable for equities
Investment Strategies
- Borrowing for investment versus paying down home loans
- Approaches based on individual circumstances and tax considerations
- Creating additional tax-effective debt and investing in equities
The Importance of Market Understanding
- Client fears around investing in emerging markets, particularly China
- Understanding investments rather than following trends
- Tendencies to invest in familiar top stocks without thorough understanding
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licenced Financial Advisors, we don’t know your personal circumstances, goals or objectives. We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
https://www.boldwealth.com.au/
Hosted on Acast. See acast.com/privacy for more information.
