The Elephant In The Room Property Podcast | Inside Australian Real Estate

Veronica Morgan & Chris Bates
The Elephant In The Room Property Podcast | Inside Australian Real Estate

Who's really in control when you buy a property? The Elephant In The Room is where the things that no one wants to talk about, actually get talked about. Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate. Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property. In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session. The plan? This property podcast has been created to help us all make better property decisions!

  1. What Are the Nationwide Impacts of Recent Legislative Changes on Property Management?

    1 DAY AGO

    What Are the Nationwide Impacts of Recent Legislative Changes on Property Management?

    Legislative changes are shaking up property management across Australia, and the impact reaches much further than we might expect. In this episode, we sit down with Cathie Crampton, National Head of Property Management Growth at Belle Property Corporate, to break down how these new laws are reshaping the roles of landlords, property managers, and tenants alike. With two decades of experience across the country, Cathie has insights from every corner of the industry, making her the perfect guide to help us understand what these shifts really mean for all of us. We explore how property managers are caught between tenant demands and landlord responsibilities, often feeling the pressure as compliance requirements and expectations grow. We also dig into the impact on property management businesses, where rising costs and tighter rules are forcing agency owners to rethink their approach. From adopting tech solutions to adjusting rent rolls, property managers are finding creative ways to handle these changing landscapes to keep operations sustainable. As we wrap up, we look ahead at where the industry might be headed. With regulation on the rise, the role of property managers could shift toward a more professional, advisory focus—but it’s a challenging road ahead. This episode is essential listening for anyone wanting to understand how these policies are reshaping the property market and what lies ahead for all of us. Episode Highlights: 00:00 - Introduction 01:09 - Who is Cathie Crampton? 01:54 - How tough has it been for property managers over the last few years? 05:11 - Latest legislation and compliance requirements affecting property owners in Victoria 09:07 - What’s the real impact of first home buyers competing with tenants for rental stock? 12:09 - How has the turnover rate of investment properties changed since COVID? 14:31 - How are property management businesses coping with rising expenses? 18:52 - Key changes property managers are making to serve consumers better 23:00 - What are the implications of the no grounds eviction law on property management? 26:38 - The impact of the two-week holding deposit rule on renters who can't provide references 29:22 - Which areas are facing rental market challenges due to investors selling? 34:40 - Have proptech platforms failed to disrupt the property management industry? 38:56 - Cathie’s thoughts on reorganising the way property management is done 43:00 - Should property managers be offering investment advice without proper expertise? 47:13 - Cathie Crampton’s property dumbo About Our Guest: Cathie Crampton is the National Head of PM Growth & Performance at Belle Property Corporate, bringing 20 years of success in property management across Australian markets. Her vast real estate experience, combined with strong empathy and business acumen, makes her a valuable asset in optimising PM business returns with principals at the business level. Known for her leadership, mentoring abilities, and passion for real estate, Cathie supports business owners in enhancing their performance while fostering a positive work environment. A respected industry figure and frequent speaker, she embodies Belle Property’s people-focused excellence, contributing significantly to the team. Connect with Cathie Crampton: LinkedIn https://au.linkedin.com/in/cathie-crampton Website https://www.belleproperty.com/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast  questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flintgroup.au Work with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread th

    53 min
  2. Real Estate Tactics You Need to Know: Underquoting, Auctions, and Market Sentiment

    3 NOV

    Real Estate Tactics You Need to Know: Underquoting, Auctions, and Market Sentiment

    Underquoting, auction tactics, and market sentiment—some of real estate’s most controversial topics. These are exactly what we’re diving into today with Thomas McGlynn, CEO of BresicWhitney. There's no holding back as we talk about the realities behind underquoting, why it’s so hard to avoid in a competitive market, and the fine line agents walk when trying to attract buyers without misleading them. As Thomas puts it, even with laws in place, agents are often forced into tough positions: when one agent quotes low, others often have to adjust their guides just to compete. It’s a tightrope that often leaves buyers frustrated and sellers with high expectations. We also dig into the auction room itself and the psychology at play there. We take a unique look at how auctioneers manage to draw more from buyers than they initially intend to spend, all without crossing ethical lines. We discuss the difference between registered and active bidders, noting how this insight gives us a real-time view of market confidence—a far more useful indicator than auction clearance rates alone. Finally, we share our thoughts on the current market and where we think it’s headed. With interest rates soaring high, buyers are naturally hesitant, but we believe those who buy now could see the rewards by late 2025, especially in sentiment-driven markets like Sydney. Once rates eventually ease, buyer confidence is expected to surge, and we’ll see a market shift. It’s an honest, in-depth conversation about the realities of today’s market, what buyers can expect, and why timing and strategy are everything. Tune in and let's get started! Episode Highlights: 00:00 - Introduction 01:06 - Who is Thomas McGlynn? 02:09 - Unique insights Thomas has gained from years in auctioneering 03:25 - How Thomas gauges the market’s direction beyond bidder numbers at auctions 06:47 - Thomas McGlynn's thoughts on agents facing underquoting challenges 15:54 - How do master auctioneers convince bidders to go beyond their budget? 18:47 - Observation on the new breed of buyers agents in recent years 21:00 - The current market phase and its impact on buyers through 2025 26:44 - How do agents manage open databases while complying with privacy legislation? 31:56 - How does business adapt to lower turnover rates while identifying potential sellers? 37:55 - What does it take for an agent to get to the top of the game and just stay on top? 49:32 - Thomas McGlynn’s property dumbo About Our Guest: Thomas McGlynn is the CEO of BresicWhitney, a Sydney-based property group, and is recognised as one of Australia’s leading thought leaders, mentors, and real estate coaches. With over two decades of experience, he has built and led high-performing teams and held leadership roles within national real estate groups in Queensland and Sydney. Known as the ‘voice of Sydney property,’ Thomas has a strong media presence and is an authority on current and emerging market trends, utilizing his extensive auctioneering expertise to educate and inform both state and national audiences about the dynamics of the Sydney property industry. Connect with Thomas McGlynn: Instagram https://www.instagram.com/thomasmcglynn/ LinkedIn https://www.linkedin.com/in/thomas-mcglynn-96604464/ Facebook https://www.facebook.com/tmcglynn/ Website https://bresicwhitney.com.au/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flintgroup.au Work with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real

    53 min
  3. Is Property Investment Within an SMSF a Good Idea?

    27 OCT

    Is Property Investment Within an SMSF a Good Idea?

    Is putting property into your SMSF a good idea, or could it be too risky? SMSF advisor Liam Shorte from Sonas Wealth joins us today to explore this hot topic, giving practical insights on the benefits of more control, tax advantages, and the hidden costs and risks that SMSF investors often miss. We explore the appeal of property investment within an SMSF for those aiming to diversify their retirement strategies, with Liam highlighting both the potential benefits and risks involved. While property can offer control and growth, Liam has seen many investors fall prey to unqualified advice and costly mistakes. The key, he says, is understanding the rules and avoiding schemes marketed as “one-stop-shops”—these setups often come with high risks and may not align with an investor’s long-term goals. We also emphasise the importance of maintaining balance within an SMSF portfolio, ensuring that there’s adequate liquidity to support flexibility as life stages and retirement plans evolve. Compliance is another major factor, as SMSFs face strict ATO oversight. From penalties to complex reporting, there’s no margin for error, and Liam illustrates this with examples from clients who have successfully coursed through these requirements by investing thoughtfully, like buying commercial property to lease back to a family business. Throughout the episode, Liam shares insights on managing SMSF property investment with smart, tailored strategies. His practical advice provides a framework for building an SMSF that fits your financial goals without overloading on risks or overlooking critical tax and compliance obligations. Episode Highlights: 00:00 - Introduction 01:02 - Who is Liam Shorte? 01:49 - What is a fellow SMSF specialist advisor? 02:43 - What is an SMSF? 04:52 - Biggest risks in handling SMSF funds for different retirement stages 06:14 - How to manage trustee disagreements in SMSF strategy setting 08:33 - Has competition shifted SMSF drivers from fee savings to investment options? 12:24 - Key compliance and cost factors to think about when starting an SMSF 16:11 - Are people finally realising the full potential of super contributions? 19:31 - The implications of investing in property through super for younger investors 24:04 - Is an SMSF right for you? Who should consider it? 27:24 - Are women better investors than men? 33:21 - The dangers of focusing solely on residential property in an SMSF 35:36 - Mitigating the risks of having an unbalanced SMSF portfolio heavily focused on property 42:11 - Common mistakes investors make with residential property in their super 51:36 - Liam Shorte’s property dumbo About Our Guest: Liam Shorte, a Fellow SMSF Specialist Advisor™ and Financial Planner with Sonas Wealth, brings 30 years of experience across Australia, Ireland, the UK, and the Middle East. Liam specialises in superannuation, retirement, estate planning, investment, and tax strategies, with a strong focus on Self-Managed Super Funds and Family Trusts. His blog, The SMSF Coach, demystifies industry jargon for SMSF trustees. He advises clients across NSW, QLD, and Victoria, and has earned accolades, including SMSF Adviser of the Year (2021) and a place in Barron’s Top 50 Financial Advisers in Australia. Liam holds a Bachelor of Business, Advanced Diploma in Financial Services, and multiple industry certifications, and in 2024, was appointed to ASIC’s Financial Advisers Consultative Panel. Connect with Liam Shorte: LinkedIn https://au.linkedin.com/in/liamshorte Website https://smsfcoach.com.au/ Instagram https://www.instagram.com/smsfcoach/ Sonas Wealth Website https://www.sonaswealth.com.au/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with

    55 min
  4. Could Energy Ratings Be the Next Big Thing in Housing? Cecille Weldon Explains

    20 OCT

    Could Energy Ratings Be the Next Big Thing in Housing? Cecille Weldon Explains

    We’re all familiar with energy ratings on appliances and cars, but what if your home came with one too? Could this be where the housing market is headed? Today, we sit down with Cecille Weldon, Australia’s top expert in residential energy efficiency, to explore what this could mean for the future of housing. Could energy ratings become the next game-changer in real estate? Cecille breaks it down for us — how homes might be rated, who will cover the costs, and whether property buyers and tenants are really willing to pay more for energy-efficient living. With rising energy costs and climate change in the spotlight, this couldn’t be a more timely discussion. We also talk about the big moves happening behind the scenes with Cecille giving us the scoop on her work with the NSW Government’s Sustainable Homes team, which is pushing for energy ratings to become a standard at the point of sale or rent. It’s all about making homes healthier, more comfortable, and cheaper to run in the long term. Tune in to understand how these upcoming changes could reshape the property landscape — and what it potentially means for your next move. Let's get started! Episode Highlights: 00:00 - Introduction 01:12 - Who is Cecile Weldon? 02:29 - How has livability and sustainability evolved in the property industry since? 05:27 - What role does energy efficiency play in property value beyond just purchase price? 09:05 - How are rising energy costs affecting buyers' decisions in the property market? 13:03 - The complexities of property value and buyer behaviour in the property market 19:35 - Are homeowners choosing kitchen upgrades over energy efficiency improvements? 21:31 - Will energy efficiency standards for properties be mandatory or voluntary in Australia? 25:51 - Will energy efficiency improvements be viewed as non-essential expenses? 30:10 - How properties are going to be assessed for energy efficiency plus potential costs 32:56 - Will living in a home for 10-15 years drive the adoption of energy-efficient solutions? 38:34 - How homeowners can make energy-efficient changes without big expenses 43:13 - Are investors in Victoria required to upgrade to new energy standards? 47:10 - Challenges in the real estate sector regarding energy efficiency upgrades 50:45 - What challenges exist for upgrading energy efficiency in strata buildings? 53:00 - How to encourage strata owners to prioritise cladding safety upgrades? 58:07 - Cecille Weldon’s property dumbo About Our Guest:   Cecille Weldon is the founder of Future Agent Academy and director of Weldonco Advisory, recognised as one of Australia's leading experts in residential energy efficiency, property value, and the property marketing sector. An accomplished Proptech entrepreneur with a background in real estate, franchising, research, communications, and education, Cecille provides insights on consumer demands, the impact of climate change, and new regulations in the property industry. With qualifications including a BA, DipEd, and GradDipLing, she has developed courses for real estate agents and serves on various boards, including the Proptech Association and the REEDI Forum. Cecille's passion lies in enhancing property capabilities, emphasising the importance of energy efficiency in boosting property value, and addressing the need for healthier, more affordable homes. Connect with Cecille Weldon: LinkedIn https://www.linkedin.com/in/cecille-weldon-56100a13/ Weldonco's Website https://www.weldonco.com.au/ Future Agent's Website https://www.futureagent.com.au/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flint

    1 hr
  5. Cameron Kusher Lifts the Lid on Australia’s Property Market Trends

    13 OCT

    Cameron Kusher Lifts the Lid on Australia’s Property Market Trends

    What’s really going on in Australia’s property market? In this episode, we sit down with Cameron Kusher, Executive Director of Economic Research at REA Group, to unpack the trends shaping the Australian property market right now. With access to some of the country’s most comprehensive property data, Cameron sheds light on what buyers are searching for, where listings are rising, and how this all connects to transactions and prices. We dig into regional differences in price growth—why places like Perth and Adelaide are surging, while Melbourne struggles—and what’s driving these changes. Cameron explains how the rental market is finally loosening up, making it easier for sellers to transition, and we discuss the growing influence of investors in certain areas. We also talk through the impact of interest rates and how expectations of future cuts are influencing sellers’ behaviour. There’s a fascinating shift happening with buyers too—more selectiveness, fewer bidders at auctions, and changing preferences driven by necessity rather than desire. We touch on how affordability is pushing renters out to the fringes, and Cameron shares insights into how the work-from-anywhere trend is reshaping migration patterns. This episode really gets under the hood of the property market. If you’re curious about how things are tracking and what’s around the corner, you won’t want to miss it! Episode Highlights: 00:00 - Introduction 01:09 - Who is Cameron Kusher? 01:39 - How is the spring market shaping up for real estate? 03:33 - Spring selling season dynamics 06:02 - Regional market trends and price divergence 08:26 - Is property market urgency on the rise based on recent search data? 14:00 - Perth's unique market conditions 17:25 - How does REA view the long-term decline in property turnover rates? 20:00 - Factors influencing established dwelling prices 23:20 - Which property types or areas show the best capital growth based on transaction data? 25:24 - Key factors that contribute to the established dwelling price movements 28:47 - Are relocation trends shifting based on geotagged property inquiries? 35:00 - Have you noticed a drop in online demand as rental price growth has slowed recently? 39:13 - Are you seeing trends in rental properties being sold as investors exit the market? 46:33 - What exciting innovations in buyer products are on the horizon at REA? 50:11 - Cameron Kusher’s property dumbo 50:42 - Is there alignment between the PIPA survey results and REA’s online user interest? About Our Guest: Cameron Kusher is the Executive Director of Economic Research at REA Group, with 20 years of experience across residential and commercial property sectors. His expertise spans valuations, property development, consulting, and market research, giving him a deep understanding of demographics, trends, and economics. Before joining REA, he spent over 11 years at CoreLogic as Head of Research for Australia. Cameron oversees the production of REA’s market reports and engages with media, customers, and industry stakeholders. Known as a thought leader, he frequently provides commentary, delivers keynote speeches, and writes on housing trends, demographics, mortgage markets, and industry opportunities. He holds a Bachelor of Applied Science in Property Economics from Queensland University of Technology. Connect with Cameron Kusher: Website https://realestate.com.au/ LinkedIn https://www.linkedin.com/in/cameron-kusher-bbb71b46/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flintgroup.au Work with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don'

    53 min
  6. How Can Investors Be Both Selling and Borrowing? Stuart Wemyss Breaks It Down

    6 OCT

    How Can Investors Be Both Selling and Borrowing? Stuart Wemyss Breaks It Down

    How can it be that investors are both selling off properties and borrowing record amounts of money at the same time? In a market with rising interest rates, stricter tenancy laws, and increasing property taxes, why is investor activity still so high? And what does this say about the future of property investment in Australia? In this episode, we are joined by Stuart Wemyss from ProSolution Private Clients to dig into this situation and break down why, despite all the economic pressures, investor lending is hitting all-time highs in some regions, like Western Australia, while cities like Melbourne and Sydney are feeling the pinch. We talk about how government policies, borrowing capacities, and market psychology are driving these surprising trends. We also talk about the mindset behind continued property investment – especially in more affordable markets – and why the belief in property as a wealth builder remains so strong. There’s a lot more to it than just the numbers. So if you’re trying to wrap your head around what’s happening in the property investment space right now, this episode will give you the clarity and insight you need to make sense of it all. Episode Highlights: 00:00 - Introduction 01:13 - Who is Stuart Wemyss? 01:50 - Is now an ideal time for property investment? 07:01 - Did pre-2013 lending levels ever match today’s highs? 14:03 - Will banks create new products to help first home buyers enter the market? 16:42 - What's really behind the rising investor borrowing and selling rates? 19:13 - How is the shift to investment properties changing Australia's rental dynamics? 36:03 - Is there a shift in investor behaviour due to upcoming policy discussions? 38:53 - Is there growing interest in using superannuation to invest in property? 42:05 - How are current borrowers responding to the potential direction of interest rates? 43:45 - What attitudes are shifting among generations in the Melbourne property market? 52:10 - Stuart Wemyss’ property dumbo About Our Guest: Stuart Wemyss is a qualified chartered accountant, independent financial adviser and mortgage broker with over 20 years' experience. His business, ProSolution Private Clients, has helped hundreds of people invest successfully. Stuart is licensed to provide financial, credit and tax advice, which means he's able to give holistic advice.Stuart has always believed in the need for people to be able to access trustworthy, independent financial advice. Nothing upsets him more than to hear about selfish advisers ripping off their unsuspecting clients! This passion is what drives him daily to write books and blogs, publish podcasts, appear in the media, advise his clients, mentor his staff and give presentations &– whatever it takes to help more people access a source of unbiased information and advice. Connect with Stuart Wemyss: Follow Stuart on LinkedIn: https://www.linkedin.com/in/stuartwemyss/ Check out Stuart’s book: https://www.prosolution.com.au/buy-investopoly/ Visit Stuart’s website: https://www.prosolution.com.au/ Listen to Stuart’s podcast: https://podcasts.apple.com/ph/podcast/investopoly/id1348458167 Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flintgroup.au Work with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-proper

    1h 1m
  7. Why Are Investors Abandoning the Property Market in Record Numbers? Nicola McDougall Reveals

    29 SEPT

    Why Are Investors Abandoning the Property Market in Record Numbers? Nicola McDougall Reveals

    Why are so many property investors pulling out of the market, and what’s driving this trend? In this episode, we dive deep into the findings of the 2024 PIPA Investor Sentiments Survey with Nicola McDougall, Chair of The Property Investment Professionals of Australia (PIPA). The survey uncovers some surprising data, challenging common assumptions about where and why investors are selling their properties. Nicola sheds light on the growing trend of investors abandoning the property market and shares insights into what’s fueling their decisions. Are rising interest rates to blame, or are there deeper, underlying factors at play? We explore how the shifting landscape is affecting the future of property investment in Australia. Join us as we discuss the current state of the market and explore strategies investors can consider amidst the uncertainty. Stick around for this eye-opening discussion as you wouldn’t want to miss these insights! Episode Highlights: 00:00 - Introduction 01:05 - Who is Nicola McDougall? 01:55 - Why Nicola’s last episode went viral, and if her new research has the same impact 04:29 - What internal and external insights emerged from the 2024 PIPA investor survey? 10:56 - A comparison of this year’s (2024) survey results from last year’s (2023) 13:07 - Why new investors are avoiding apartments and choosing established houses 14:41 - Is government intervention driving investors out of the market? 20:52 - Is government intervention worsening the rental crisis for investors? 28:36 - What’s driving investors to exit the market? 36:12 - Are there any positive results in the 2024 PIPA investor sentiment survey? 39:53 - PIPA's breakthroughs, and their role in maintaining high standards 45:18 - The importance of being a member of either PIPA/REBAA 50:25 - Nicola McDougall’s property dumbo About Our Guest: Nicola McDougall has served as the Chair of PIPA (Property Investment Professionals of Australia) since early 2022, bringing to the role her expertise as an award-winning property and finance journalist, author, and successful property investor. As the Director of Bricks & Mortar Media, she has co-authored notable works such as "The Female Investor: Creating Wealth, Security & Freedom Through Property," which secured the personal finance and investment category award at the 2022 Australian Business Book of the Year. Additionally, Nicola has contributed to the 3rd edition of "Property Investing For Dummies" and authored the 1st editions of "Buying a Property for Dummies" and "Property Investing Essentials for Dummies," all published in 2023 by Wiley. With a background as the former editor of Australian Property Investor magazine and head of corporate affairs at the REIQ, Nicola has been a dedicated PIPA board director since 2014. Connect with Nicola McDougall: Nicola’s LinkedIn profile https://www.linkedin.com/in/nicola-k-mcdougall/ Resources mentioned in this episode: The Elephant in the Room Property Podcast Episode #307: Why Are Investors Abandoning the Australian Rental Market? https://www.theelephantintheroom.com.au/podcasts/307 2024 PIPA Investor Sentiment Survey https://www.pipa.asn.au/pipa-annual-property-investor-sentiment-survey-2024/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flintgroup.au Work with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Pod

    57 min
  8. Why Owen Rask Believes Equity Is the Most Overlooked Wealth-Building Tool

    22 SEPT

    Why Owen Rask Believes Equity Is the Most Overlooked Wealth-Building Tool

    Is equity the most underused wealth-building tool? Owen Rask believes it is—and we’re missing out by not tapping into it. In this episode, we sit down with Owen from the Rask Group to explore how equity, particularly in property, can be a game-changer for growing your wealth. From property investment to ETFs and self-managed super funds (SMSFs), Owen breaks down how leveraging equity can open up opportunities you may not have considered. We also get into financial literacy in Australia, and Owen has some sharp insights. While more people are paying attention to their finances, many are still making risky decisions due to a lack of understanding. Owen highlights the importance of asking the right questions and getting proper advice to avoid costly mistakes. Curious about SMSFs? Owen unpacks the risks and rewards of SMSF property investing and explains why it’s crucial to diversify. He also shares why you need to be cautious about SMSF lending schemes and one-stop-shop setups that might not always have your best interests at heart. As we look ahead, Owen talks about how AI could reshape financial advice and offers practical tips on how to protect yourself from scams in an increasingly digital world. This episode is packed with actionable insights that can help you take control of your financial future. Don’t miss it! Episode Highlights: 00:00 - Introduction 00:59 - Who is Owen Rask? 01:53 - Owen Rask’s take on the financial literacy in Australia 05:28 - Should you consider purchasing property through a self-managed super fund? 12:50 - What people need to think about before setting up an SMSF 16:03 - Where to go for guidance on managing your super effectively? 27:12 - Fractional property investment and what Owen thinks about it 34:13 - Is the perceived safety of ETFs being undermined by riskier funds? 37:21 - Is AI going to make it easier to get holistic and cost-effective advice? 50:40 - How to protect yourself from scams in an increasingly digital & tech-reliant environment 55:48 - Owen Rask’s property dumbo About Our Guest: Owen Rask is The Rask Group's Founder, and Chief Investment Officer of Rask Invest. He also co-founded and is a Partner at Inflection, the business accelerator. Owen holds Masters Degrees in Financial Planning and in Applied Finance, and a Bachelor's Degree of Technology. Owen co-hosts podcasts and live shows with over 200,000 unique monthly listeners. Rask has now enrolled 30,000 Aussies into free online finance courses, on a pathway to 100,000 before 2027. Connect with Owen Rask: Website https://www.rask.com.au/ Resources mentioned in this episode: The Wolf of Wall Street: Money Lessons & Financial Scams to Avoid https://bit.ly/3Bbdlkd Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.flintgroup.au Work with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

    1 hr

About

Who's really in control when you buy a property? The Elephant In The Room is where the things that no one wants to talk about, actually get talked about. Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate. Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property. In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session. The plan? This property podcast has been created to help us all make better property decisions!

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