494 | “The Table of Truth”: Everything You Need to Know About Property & The Budget

 

Folks, the 2024-25 Federal Budget has just dropped, so what does it mean for property investors and the broader economy?   

In this exciting episode, we’re unpacking everything you need to know about the new budget and bringing in a leading financial market expert to help.   

Returning to the couch is Evan Lucas – economist, Moorr ambassador and author of the best-selling book Mind Over Money. Basically, we’ve brought in the big guns to tackle:    

💰 Is this budget economically or politically driven?
🏆 Who were the winners & losers?
💸 The drastic spending decisions made by the government (and the resulting deficit)
📈 The secondary inflation wave on the horizon
❓ The #1 big surprise missing from this budget
🏠 Why we will NOT reach the goal of 1.2M new dwellings
 🔄 What would it take to see positive political reforms?   

As Evan says, “Subsidies are not a magic bullet through fixed inflation.”   

To understand this year’s budget and what it means for you, tune in now folks 😊   

   

Free Stuff Mentioned

Timestamps

• 0:00 – “The Table of Truth”: Everything You Need to Know About Property & The Budget 
• 3:26 – Mindset Minute: “Our Well-Being Lies in Our Actions” 
• 8:09 – We’ve brought in the big guns: Evan Lucas!  
• 10:27 – Is the budget economically or politically driven?  
• 17:00 – What would it take for positive reform to happen?   
• 28:38 – The drastic spending decisions made by the Gov 
• 31:03 – …and the staggering deficit in the coming years  
• 33:31 – The secondary inflation wave coming  
• 38:49 – Is this budget likely to backfire with rising interest rates?  
• 44:12 – The 66% increase in childcare subsidies 
• 51:51 – The winners & losers of the budget  
• 1:01:30– The big surprise in this budget 
• 1:04:48 – The Greens votes and rental pressures  
• 1:07:52 – Why we are NOT going to reach 1.2M new dwellings  
• 1:12:57 – The PICA Perspective: Negative Gearing and a proposed model  
• 1:15:46 – What would we do differently?  
• 1:20:33 – Bryce’s view on the Budget  

And… 

• 1:21:56 – Lifehack: The Table of Truth  
• 1:26:15 – WMPN:  The 2 Qs to ask your Buyers Agent