Australian Investors Podcast

In this live episode of Australian Investors Podcast, Owen Rask teams up with James Phelan to unpack the tax and wealth changes investors are trying to make sense of right now. Recorded in front of a live audience at Ultra Meetup, this conversation cuts through the headlines and focuses on what actually matters if you own property, invest through a trust, or are weighing up shares, super and debt.

Owen and James break down the proposed changes to family trusts and bucket companies, why negative gearing and capital gains tax have become such a flashpoint, and how debt recycling is being interpreted more tightly after recent ATO guidance. They also explore what these shifts could mean for SMSFs, geared ETFs, gifting to kids, sequencing risk and the broader question facing many Australians: if the old playbook is changing, what should thoughtful investors do next?

Rather than offering scare campaigns or silver bullets, this episode is a practical Q&A on how to think through the new rules, the trade-offs they create and the strategies people are likely to revisit as the policy landscape evolves. If you want a grounded take on trusts, property, CGT and wealth-building after the latest Budget proposals, this is a timely listen.

This episode was recorded at the Royal Society of Victoria. You can learn more at their website https://www.rsv.org.au/ or their Instagram https://www.instagram.com/royalsocietyvic/

Episode resources

– Speak with the Rask Advice team

– Ask a question (select the Investors podcast)

Show partner resources

– ETF investor? Go beyond ordinary with Global X: View all funds

– Visit TermPlus to learn more

– Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit

– Whatever comes next for your business, power it with Stripe

EOFY deals to know about - ending June/July 2026

– 1 free trade per month, for 12 months, for new Pearler customers

Rask resources

– All services

– Financial Planning

– Invest with us

– Access Show Notes

– Ask a question

– We love feedback!

Follow us on social media

– Instagram: @rask.invest

– TikTok: @rask.invest

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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In this Australian Investors Podcast episode, Owen Rask sits down with Hayden Smith, CTO at Pearler, for a practical masterclass on what AI actually is, why it matters for investors, and where the real money may be made across the supply chain.

Rather than stopping at ChatGPT headlines, Owen and Hayden break the theme into layers: transformers, data centres, GPUs, memory, networking, cooling, electricity and the raw materials that keep the whole machine running. They explain why AI is not one stock or one app, but a chain of businesses that stretches from software giants like OpenAI, Google and Microsoft through to chip leaders like NVIDIA and the infrastructure companies supporting them.

The conversation also brings the investing lens back to earth. Hayden explains why broad exposure still beats heroic single-stock bets for most people, while Owen walks through ETFs investors are already using to get exposure, including IVV, VGS, NDQ, FANG and AINF. Along the way, they talk about bubbles, bottlenecks, valuation risk and why some of the best opportunities may sit in the less glamorous parts of the stack. They also explore what AI could mean for Australian jobs and why much of the value may flow to US-listed businesses.

If you want to understand how AI works, where the economic value might accrue and how to think about investing without getting swept up in hype, this episode gives you a clear framework to start with.

Episode resources

– Speak with the Rask Advice team

– Ask a question (select the Investors podcast)

Show partner resources

– ETF investor? Go beyond ordinary with Global X: View all funds

– Visit TermPlus to learn more

– Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit

EOFY deals to know about - ending June/July 2026

– 1 free trade per month, for 12 months, for new Pearler customers

Rask resources

– All services

– Financial Planning

– Invest with us

– Access Show Notes

– Ask a question

– We love feedback!

Follow us on social media

– Instagram: @rask.invest

– TikTok: @rask.invest

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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In this Australian Investors Podcast episode, host Owen Rask is joined by Ryan Joyce, Deputy Portfolio Manager at Magellan Investment Partners, for a deep dive into S&P Global Inc (NYSE: SPGI).

S&P Global is one of those companies investors interact with constantly, often without realising it. If you follow the S&P 500, compare an Australian fund to the S&P/ASX 200, look at a company’s credit rating, use financial data through S&P Global Market Intelligence, or rely on commodity pricing benchmarks, you have probably touched part of S&P Global’s ecosystem.

Ryan describes S&P Global as a collection of data, ratings, index and benchmark businesses. But the big idea of this episode is simpler: S&P Global is one of the most embedded businesses in global financial markets.

As Ryan puts it:

“I really think of it as a benchmark business, particularly for the crown jewels in it.”

In this episode, Owen and Ryan explore:

How S&P Global actually makes money

Why credit ratings and index benchmarks are so hard to disrupt

How S&P Global compares to Moody’s, MSCI, Fitch, Bloomberg and FactSet

Whether AI is a threat or opportunity for S&P Global Market Intelligence

Why SPGI’s valuation became attractive to Magellan

How S&P Global fits inside the Magellan Global Opportunities Fund

Why private markets may be an opportunity, not an existential threat

Episode resources

– Speak with the Rask Advice team

– Ask a question (select the Investors podcast)

Show partner resources

– ETF investor? Go beyond ordinary with Global X: View all funds

– Visit TermPlus to learn more

– Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit

– Whatever comes next for your business, power it with Stripe

EOFY deals to know about - ending June/July 2026

– 1 free trade per month, for 12 months, for new Pearler customers

Rask resources

– All services

– Financial Planning

– Invest with us

– Access Show Notes

– Ask a question

– We love feedback!

Follow us on social media

– Instagram: @rask.invest

– TikTok: @rask.invest

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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In this episode of the Australian Investors Podcast, Owen Rask sits down with Michael Bell, CIO at Solaris Investment Management, for a practical conversation about how professional investors think when they are putting real capital to work.

From the outside, fund management can sound like hot tips and big macro calls. Michael explains why the reality is usually much more disciplined: process, patience, risk management and the ability to stay focused on business quality when markets are noisy. The conversation unpacks what active investing is meant to achieve, how portfolio decisions are weighed, and why good investors spend as much time avoiding mistakes as they do chasing upside.

For everyday investors, this episode is a useful look inside the mindset of a seasoned CIO. It explores how professionals assess opportunity, separate signal from noise and keep conviction anchored to a repeatable framework instead of headlines. If you want a sharper understanding of portfolio thinking, active management and what experienced fund managers do differently, this is a strong episode to add to your queue.

It is also a reminder that great investing is rarely about making the loudest prediction. More often, it is about building a repeatable process, staying selective and giving good decisions time to work. Whether you are reviewing your own portfolio or simply trying to become a more thoughtful investor, there is plenty here to sharpen how you think about downside, selectivity and long-term compounding.

Episode resources

– Speak with the Rask Advice team

– Ask a question (select the Investors podcast)

Show partner resources

– ETF investor? Go beyond ordinary with Global X: View all funds

– Visit TermPlus to learn more

– Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit

– Whatever comes next for your business, power it with Stripe

EOFY deals to know about - ending June/July 2026

– 1 free trade per month, for 12 months, for new Pearler customers

Rask resources

– All services

– Financial Planning

– Invest with us

– Access Show Notes

– Ask a question

– We love feedback!

Follow us on social media

– Instagram: @rask.invest

– TikTok: @rask.invest

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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In this episode of the Australian Investors Podcast, Owen Rask and Drew Meredith tackle one of the biggest questions in markets right now: if Micron and Sandisk are wobbling, has the AI trade gone too far, or is the market simply shifting where the real profits sit?

They break down the latest sell-off in AI hardware names, why memory chips and data-centre narratives can look unstoppable right up until margins crack, and why the software layer may still capture more long-term value than the hardware beneath it.

Closer to home, they unpack why the ASX has looked stronger if you own resources and far less exciting if you own almost anything else. That leads into a practical discussion on copper, BHP and whether the next leg of the AI build-out could keep rewarding real assets rather than the names investors have been crowding into.

Along the way, Owen and Drew also answer listener questions on global diversification, whether investors should still want UK exposure inside broad ETFs, how LICs stack up against ETFs in a tougher tax environment, and what EOFY is revealing about super, rebalancing and portfolio construction.

If you want a grounded take on AI hype, copper demand, BHP and where the next investing edge might come from, this episode is a smart place to start.

Episode resources

– Speak with the Rask Advice team

– Ask a question (select the Investors podcast)

Show partner resources

– ETF investor? Go beyond ordinary with Global X: View all funds

– Visit TermPlus to learn more

– Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit

– Whatever comes next for your business, power it with Stripe

EOFY deals to know about - ending June/July 2026

– 1 free trade per month, for 12 months, for new Pearler customers

Rask resources

– All services

– Financial Planning

– Invest with us

– Access Show Notes

– Ask a question

– We love feedback!

Follow us on social media

– Instagram: @rask.invest

– TikTok: @rask.invest

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices