Training Day Podcast

Training Day, Fraser Wilson

Strong by Choice. We are on a mission to find the worlds best thinkers and doers with a story to tell who embrace the Training Day ethos. Tune in to the Training Day Podcast to hear discussions on fitness, health, business, excellence, relationships, peak performance, life and everything else in between. Always have a Training Day

  1. 08/11/2025

    Australian Tax Expert: What Schools Don't Teach You About Taxes

    Chances are you're making at least 3 costly tax mistakes right now and no one ever taught you how to avoid them.The system is confusing on purpose. Between HECS, credit cards, Afterpay and all the rules around what you can and can't claim, it's no wonder so many people feel like they're always behind. While it's easy to just and everything to the ATO and hope for a refund, that's how you keep leaving money on the table.But here's the thing - once you understand how tax actually works in Australia right now, you can start making smarter moves with your money. Moves that help you keep more of it, boost your borrowing power and actually set yourself up for the future. In this episode, Australian tax expert Julian Mauro explains the money lessons school don't teach. From legal deductions you didn't know about, to how HECS, credit cards and everyday habits can cost you thousands. We cover: - The strangest Australian tax deductions you've never heard of - How much you actually need to earn to buy a home - Why young Aussies struggle to get into the property market - How to boost your borrowing power without earning more - The truth about the ATO and modern jobs like creators and side hustles - First home buyer schemes explained in plain English Follow Julian: Website: https://mauro.net.au/ Instagram: https://www.instagram.com/mauro.au/ 00:00 Intro 01:00 Common questions from young adults under 30 01:38 Weirdest thing you can actually claim on tax 02:44 Things you can't claim on tax 05:01 Navigating the modern age tax 09:33 Why young Aussies are locked out of the property market 11:13 The real minimum income you need to buy a home 12:11 Why online loan calculators are misleading 13:21 Should you buy solo or as a couple? 13:44 How your HECS debt quietly kills your borrowing power 14:16 The hidden impact of credit cards on getting a loan 15:21 Why slashing your expenses doesn’t impress the bank 16:22 Earning more doesn’t mean you can borrow more 17:38 Why shopping around for loans can save you thousands 18:37 A real plan for young Aussies who want to buy a house 21:26 How to get a loan if you’re self-employed or a business owner 23:04 “If I can afford rent, why can’t I get a loan?” 26:21 Using a family guarantor: what to know before asking 27:17 How a good accountant can save you serious money 30:01 Did you know private health can be free at this income? 31:36 Leaving the big firm life to bet on yourself 34:04 The truth about working at a big accounting firm 35:24 What actually happens if you don’t do your tax 37:02 What you’d actually need to do to go to jail for tax 38:06 Is getting paid in cash illegal? Here’s what you need to know 38:49 Ozark… explained by a real accountant 40:46 How young people can thrive in the corporate world 42:49 Big firm or small business: what’s right for you? 45:19 Why small companies can fast-track your growth 47:31 What actually needs to change in the industry 48:44 Why the tax game is about to change forever 51:49 The top traits employers are really looking for

    55 min

About

Strong by Choice. We are on a mission to find the worlds best thinkers and doers with a story to tell who embrace the Training Day ethos. Tune in to the Training Day Podcast to hear discussions on fitness, health, business, excellence, relationships, peak performance, life and everything else in between. Always have a Training Day