Your tax, shares & financial advice questions answered
In this Q&A edition of the Australian Finance Podcast, hosts Owen Rask and Tahli Cavagnino tackle key listener questions that pop up during tax season and portfolio reviews.
This episode covers:
– How to ensure your ETF tax reporting is accurate
– Why rebalancing might not be as crucial for young investors
– What to document when doing your own tax
– How to choose the right financial adviser or accountant
They also share thoughts on gender equity in financial services and the exciting things happening inside the Rask office.
If you like this Australian Finance Podcast episode, subscribe for weekly shows on Apple, Spotify, YouTube, or wherever you get your podcasts!
Follow us on Instagram and TikTok for more finance insights.
Topics Covered
– Women in Finance
– Documenting a Brokerage Account
– When and Why to Rebalance a Portfolio?
– Implications of Inheriting ETFs
– How To Find a Good Accountant or Financial Advisor
~~ Show partner resources ~~
💰 Join Pearler using code “RASK” for $15 of Pearler Credit - https://bit.ly/Pearler
📊 Get 50% off your first two months using PocketSmith - https://bit.ly/R-PocketSmith
📈 View Betashares full range of funds - https://bit.ly/beta-25
~~ Rask resources ~~
🔗 Explore all Rask services - https://bit.ly/R-services
📋 Learn about Rask Financial Planning - https://bit.ly/R-plan
📈 Start investing with Rask - https://bit.ly/R-invest
📜 Access Show Notes - https://bit.ly/R-notes
❓ Ask a question - just select the Finance Podcast - https://bit.ly/R-quest
📲 Follow us on social media:
Instagram: @rask.invest - https://www.instagram.com/rask.invest/
TikTok: @rask.invest - https://www.tiktok.com/@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 unsure, you should always consult a licensed and trusted financial planner. We cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. 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
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38:36
How i lost $1M by choosing shares over property
In this Australian Finance Podcast episode, Owen Rask reveals a million-dollar mistake from early in his wealth-building journey.
He explains:
– The opportunity he missed in the property market
– Why he stuck with shares and ignored other strategies
– How combining property and shares could have accelerated his financial growth
– A powerful lesson in using every tool at your disposal for long-term wealth
If you liked this Australian Finance Podcast episode on investing lessons and personal mistakes, subscribe to the show on Apple, Spotify, YouTube, or wherever you get your podcasts!
Follow us on Instagram and TikTok for more insights.
Topics Covered
– The $1 million property mistake
– Shares vs property: a false choice?
– What is debt recycling and equity release?
– How to use property to supercharge investments
– The role of financial planning in building wealth
– Why dogma (shares only or property only) can be dangerous
– Lessons from missing the train on property
– Using loans strategically for tax efficiency
– Warren Buffett's influence—and where it can go wrong
– Rethinking financial tools: use the whole toolkit
Resources for this episode
📄 Learn more about investing smarter: – Free Property Course
~~ Show partner resources ~~
💰 Join Pearler using code “RASK” for $15 of Pearler Credit - https://bit.ly/Pearler
📊 Get 50% off your first two months using PocketSmith - https://bit.ly/R-PocketSmith
📈 View Betashares full range of funds - https://bit.ly/beta-25
~~ Rask resources ~~
🔗 Explore all Rask services - https://bit.ly/R-services
📋 Learn about Rask Financial Planning - https://bit.ly/R-plan
📈 Start investing with Rask - https://bit.ly/R-invest
📜 Access Show Notes - https://bit.ly/R-notes
❓ Ask a question - just select the Finance Podcast - https://bit.ly/R-quest
📲 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 unsure, 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
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19:32
Tax time tips straight from the ATO: maximise your refund
In this episode of The Australian Finance Podcast, Owen Rask is joined by Rob Thomson from the Australian Tax Office (ATO) to help you tackle tax time in 2025. Rob shares the ATO's focus areas, common tax myths, and practical steps for getting your return right the first time. Topics include:
– The ATO’s "grand final" season: why tax time is so important
– The top 3 areas people get wrong on their tax return
– The 3 golden rules for claiming deductions
– How to avoid ATO scrutiny (and a nasty reassessment)
If you liked this episode on preparing for tax time, make sure to subscribe on Apple, Spotify, YouTube, or wherever you listen to great podcasts.
You can follow Rask on Instagram and TikTok for quick financial tips.
Topics Covered
– Why tax time matters to the ATO
– The ATO’s three key focus areas for 2025:
1 – Work-related deductions
2 – Working from home expenses3 – Omitted income (side hustles, ride share, etc.)
– What is the “tax gap” and why it matters
– The three golden rules of tax deductions
– Record keeping tips that can save your bacon
– How to apportion work vs personal expenses
– Tips for claiming donations
– The ATO’s weirdest deduction attempts (Nintendo Switch?!)
Episode resources
– ATO website
– ATO myDeductions App
~~ Show partner resources ~~
💰 Join Pearler using code “RASK” for $15 of Pearler Credit – https://bit.ly/Pearler
📊 Get 50% off your first two months using PocketSmith – https://bit.ly/R-PocketSmith
📈 View Betashares full range of funds – https://bit.ly/beta-25
~~ Rask resources ~~
🔗 Explore all Rask services – https://bit.ly/R-services
📋 Learn about Rask Financial Planning – https://bit.ly/R-plan
📈 Start investing with Rask – https://bit.ly/R-invest
📜 Access Show Notes – https://bit.ly/R-notes
❓ Ask a question – just select the Finance Podcast – https://bit.ly/R-quest
📲 Follow us on social media:
Instagram: @rask.invest – https://www.instagram.com/rask.invest/
TikTok: @rask.invest – https://www.tiktok.com/@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 unsure, 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
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46:04
Your Q&A: Asian ETFs, career change & acai bowls
In this Australian Finance Podcast Q&A episode, Owen Rask is joined by Rask Financial Adviser Tahli to tackle real listener questions. In this candid and relatable conversation, they cover:
– Investing in Asian and Emerging Market ETFs
– How to think about position sizing in a portfolio
– What it’s really like to switch careers (from fitness to finance)
– Why relatable and accessible financial advice matters
– Tahli’s unique money splurge and what it says about values
Whether you're building your ETF portfolio or wondering if a finance career is right for you, this episode has something for everyone.
If you like this Australian Finance Podcast episode, don’t forget to subscribe for weekly shows on Apple, Spotify, YouTube, or wherever you get your podcasts!
Follow us on Instagram and TikTok for more investing insights.
Topics Covered
– Meet Tahli: From Fitness Coach to Financial Adviser
– What Inspired the Career Switch?
– Early Money Influences & Finding Your Financial Identity
– Listener Q: Are Asian ETFs Worth It? (IAA, VAE, EMKT, IEM)
– How to Think About Risk & Position Sizing
– Why Emerging Markets Can Be Risky But Diversifying
– Investing for Different Goals with the Same ETFs
– Random Splurges Under $50: Acai Packets & Everyday Joy
– The Importance of Relatable Financial Content
– Q&A Hosting Twist: Tahli Interviews Owen
Resources for this episode
– Vaneck’s EMKT ETF– iShares IEM ETF– Luxury Car Tax Rates and thresholds– EV Incentives– Tax structuring explained article
– Investing in ETFs for kids tax overview
~~ Show partner resources ~~
💰 Join Pearler using code “RASK” for $15 of Pearler Credit – https://bit.ly/Pearler
📊 Get 50% off your first two months using PocketSmith – https://bit.ly/R-PocketSmith
📈 View Betashares full range of funds – https://bit.ly/beta-25
~~ Rask resources ~~
🔗 Explore all Rask services – https://bit.ly/R-services
📋 Learn about Rask Financial Planning – https://bit.ly/R-plan
📈 Start investing with Rask – https://bit.ly/R-invest
📜 Access Show Notes – https://bit.ly/R-notes
❓ Ask a question – just select the Finance Podcast – https://bit.ly/R-quest
📲 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 unsure, 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
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56:00
3 growth shares to watch + the ETF alternative
In this short episode of The Australian Finance Podcast, Owen Rask takes you through three ASX-listed companies with serious long-term growth potential. If you're keen to identify standout shares—or you’d rather play it safe with ETFs—this one’s for you.
– Why growth matters more than dividends for some investors
– What to look for in a high-quality growth stock
– A simple ETF to consider if individual shares aren’t your thing
If you enjoy this episode on growth investing, make sure to subscribe for weekly shows on Apple, Spotify, YouTube, or wherever you get your podcasts!
Follow us on Instagram and TikTok for more money & investing tips.
Topics Covered
– Why growth > dividends (for some investors)
– 5 things Owen looks for in a growth stock
– Share #1: Xero (ASX: XRO) – cloud accounting powerhouse
– Share #2: XRF Scientific (ASX: XRF) – materials testing tech
– Share #3: RPM Global (ASX: RUL) – mining software leader
– The ETF back-up plan: MVW – a diversified Aussie growth basket
– Core vs satellite: how ETFs & shares fit together
– Why you should still think about valuation (but not obsess!)
– The power of time in growth investing
– Risks of owning individual companies
📄 Learn more about these companies:
– Xero Ltd (XRO)
– XRF Scientific (XRF)
– RPM Global (RUL)
💡 Rask strategy: core ETFs + satellite shares
~~ Show partner resources ~~
💰 Join Pearler using code “RASK” for $15 of Pearler credit – https://bit.ly/Pearler
📊 Get 50% off your first two months using PocketSmith – https://bit.ly/R-PocketSmith
📈 View Betashares full range of funds – https://bit.ly/beta-25
~~ Rask resources ~~
🔗 Explore all Rask services – https://bit.ly/R-services
📋 Learn about Rask Financial Planning – https://bit.ly/R-plan
📈 Start investing with Rask – https://bit.ly/R-invest
📜 Access show notes – https://bit.ly/R-notes
❓ Ask a question – just select the finance podcast – https://bit.ly/R-quest
📲 Follow us on social media: I
nstagram: @rask.invest – https://www.instagram.com/rask.invest/
TikTok: @rask.invest – https://www.tiktok.com/@rask.invest
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 unsure, 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
The Australian Finance Podcast is your guide to sorting out your finances, one episode at a time. Owen Rask, Chief Investment Officer, & Gemma Mitchell, Senior Financial Adviser, bring you actionable strategies and knowledge that you can put into practice today. Save money, invest better and live life on your terms.
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New to the show? We recommend that you head back to our Starter Pack series of the podcast in Jan/Feb 2024, to get your head around some really important concepts! More advanced listeners might enjoy our other show, The Australian Investors Podcast.
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SHOW NOTES: https://www.raskmedia.com.au/podcasts/australian-finance-podcast/
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DISCLAIMER: The information in this podcast series is general financial information/advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms of Service and Financial Services Guide on www.rask.com.au/fsg.
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