#108: Super Tax Shake-Up: What It Means for Farming Families with Kylie Wilson, Partner - Sparke Helmore Lawyers
What if the government’s proposed superannuation tax changes weren’t just targeting the ultra-wealthy, but could one day hit everyday farming families? In this episode, Ben Law — The Financial Bloke — is joined again by leading agribusiness lawyer Kylie Wilson to cut through the political spin and lay out what these changes really mean for families on the land. From the extra 15% tax on balances over $3 million, to the lack of indexation, and the controversial tax on unrealised gains — this conversation gets to the heart of how the rules could reshape retirement planning, succession, and the future of family farms. You’ll hear why “don’t panic, but get advice” is the message for now, why off-farm assets are still the ultimate superpower in succession, and how failing to plan early could force families into selling the farm when it matters most. If you’ve ever wondered how these changes could affect your super, your succession, or your kids’ ability to take over the farm, this episode is one you can’t afford to miss. -----------------------Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.https://thefinancialbloke.com.au/
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MINI: Back Yourself - Why Playing It Safe Is the Biggest Gamble
What if the biggest risk you’ll ever take isn’t failing — but hesitating? In this short, sharp mini episode, Ben Law unpacks the single piece of advice he’s heard most from the wisest minds he’s interviewed: back yourself.Drawing on years of conversations and his own journey, Ben reveals why waiting until you “feel ready” is a trap, why action beats hesitation every time, and how regret creeps in when you let opportunities pass by.Whether you’re leading a family farm, growing a business, or trying to make bolder moves in life, this episode will challenge you to stop waiting for permission and start acting now — before it’s too late.-----------------------Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.https://thefinancialbloke.com.au/
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#107: How One Family Kept Their Agribusiness Alive for Five Generations with Tom Morrissey - Morrissey & Co
What keeps a fifth-generation family business alive for more than a century? In this episode, Ben Law sits down with Tom Morrissey of Morrissey & Co, the Darling Downs family behind Australia’s most trusted calf cradles and cattle equipment.From humble blacksmith beginnings in 1910 to pioneering world-first solar-powered hydraulic crushes, the Morrisseys have always balanced tradition with innovation. Tom shares how his family works side by side — parents, siblings, and now the next generation — and the systems they’ve put in place to avoid the traps that sink most family businesses.You’ll hear the secrets behind their longevity: putting customers first, making products that outlast decades of use, and doing the hard work of family alignment. Tom talks candidly about the breakthrough moments when the Morrisseys stopped bottling things up and learned to sit down, face the tough conversations, and back each other in.This is more than a story about cattle gear. It’s about legacy, leadership, and the mindset required to carry a business — and a family name — across generations.If you’re part of a family business, thinking about succession, or just curious about what it really takes to last 115 years in ag, this conversation is packed with lessons you won’t forget.-----------------------Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.https://thefinancialbloke.com.au/
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MINI: The 10-Year Regret Most Families Have
"We should’ve started this 10 years ago."Ben Law has heard that exact sentence more times than he can count — whispered by farming couples in their 60s and 70s, after the kids leave the room.In this punchy and powerful mini episode, Ben dives into one of the most painful regrets he sees in agriculture: waiting too long to get started.Waiting to have the hard conversations.Waiting to plan the future.Waiting for clarity. Permission. The ‘right time.’You’ll discover:Why most families delay succession conversations — and what it costs themThe invisible drift that slowly damages relationships and legacyHow High Performing Families avoid the 10-year regret by starting early, even when it’s messyWhy well-meaning advisers who say “wait” are often part of the problemThis episode is a wake-up call for the quietly frustrated mum, the cautious dad, or the next-gen leader ready to take action. Don’t wait for regret — lead now.-----------------------Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.https://thefinancialbloke.com.au/
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#106: Wealth, Don’t Just Hand It Down — Teach Them to Build It Themselves with Ryan Baddock - MD of RB Finance
If your kids are going to inherit the farm — or the family fortune — you’d better be sure they know how to manage it.In this no-fluff, high-value episode, Ben is joined by long-time mate and mortgage strategist Ryan Baddock to explore what it really takes to get the next generation wealth-ready — long before succession.You’ll discover:Why teaching your kids how to build wealth is more important than just handing it overThe key steps young people should take before buying their first investment propertyHow parents can support their kids without enabling them — including the right (and wrong) ways to help with deposits and guaranteesWhat banks really look for when assessing young borrowers — and the hidden landmines that can derail your kids' financial futureWhy lending rules are not one-size-fits-all — and how a good broker can mean the difference between “no deal” and “you’re in!”Whether your kids are headed back to the farm or off to forge their own path, this episode is packed with real-world advice on setting them up for wealth, wisdom and independence.🛠 Practical. Strategic. Eye-opening. This one’s a must-listen for every farming family that wants to break the three-generation curse. -----------------------Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.https://thefinancialbloke.com.au/
About AgriCoach Wealth & Wisdom Podcast by The Financial Bloke
Wealth & Wisdom: For Farming Families Who Want More Money matters — but wisdom is what makes it last. For Australia’s most successful farming families, financial growth is only part of the picture. True, lasting success means aligning your wealth with your values, nurturing strong family relationships, and building a legacy that endures for generations. Join Ben Law, The Financial Bloke and founder of Agricoach, Australia’s leading coaching business for high-performing rural families, as he shares the insights, stories, and strategies that matter most. With over two decades of experience advising and coaching some of the country’s most successful agricultural families, Ben now dedicates his work to helping others do the same — through the High Performing Families Accelerator and this powerful podcast. On the Wealth & Wisdom podcast, you’ll hear from industry experts, thought leaders, and inspiring rural voices. Together, you’ll explore what it really takes to grow, protect, and transition wealth — without sacrificing family harmony or personal fulfillment. Whether you’re preparing for succession, investing off-farm, managing family dynamics, or shaping the next generation of leadership, this podcast is your trusted source of clarity, strategy, and perspective. Smart decisions. Stronger families. A legacy worth leaving. Welcome to Wealth & Wisdom — tune in and grow with us.
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