Australian Investors Podcast

In this episode of the Australian Investors Podcast, Owen Rask and Drew Meredith move from the market headlines into the real forces shaping investor behaviour right now.

They start with Wesfarmers pushing higher, BHP printing fresh highs and Macquarie continuing to attract attention, then ask the question behind the moves: are these quality businesses still buys, or are investors paying up for comfort in an uncertain market? The discussion widens quickly into small-business CGT concessions, SpaceX euphoria, and the squeeze households are still feeling as wages struggle to keep pace with living costs.

Owen and Drew also unpack why underemployment matters more than the headline jobs number, what the market is getting wrong about media noise, and how retail investors should think about leverage, ETF portfolios and stock selection when the rules keep shifting. There is also a practical discussion on GHHF, Megaport versus WiseTech, and whether younger investors should be chasing property, businesses or listed assets first.

If you want one episode that blends ASX ideas, portfolio thinking and macro frustration without losing the practical angle, this is a sharp listen. There is plenty here for investors trying to separate temporary hype from durable business quality while still making sensible decisions with real money.

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

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 Justin Lin from Global X to unpack why commodities may be moving from ignored to essential again. Rather than treating gold, copper or lithium as short-term geopolitical trades, Justin explains why the bigger story is a mix of underinvestment, supply-chain fragility and a fresh wave of demand from AI, electrification and energy security.

They break down why investors have mostly ignored commodities for the past decade, what changed after years of weak demand and excess supply, and why today’s backdrop looks different. Owen and Justin also tackle the question many investors are asking right now: is this just about war headlines, or are commodities becoming structurally more important as countries chase domestic supply, power reliability and strategic independence?

The conversation explores gold’s resilience, the role copper could play as grids and data centres expand, and why lithium and battery technology may still matter even after the sector’s rough patch. Justin also shares practical ETF ideas for researching the theme, including WIRE for copper, ACDC for battery tech and lithium, and BCOM for broad commodities exposure. If you want a clearer framework for commodities, inflation protection and AI-driven energy demand, this is a timely listen.

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

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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This episode was originally featured on The Australian Finance Podcast.

In this Australian Investors Podcast episode, Owen Rask is joined by Navarre Trousselot, founder of Navexa, to unpack why the proposed 2026 Federal Budget tax changes could make ETF record-keeping and capital gains reporting much messier for everyday investors. Instead of glossing over the hard bits, they walk through how capital gains tax works in Australia, why parcel selection matters, and why ATO pre-fill can give ETF investors a false sense of security.

Navarre explains the trap most ETF investors miss: annual cost base adjustments. If you have been dollar-cost averaging into ETFs for years, every member statement can change the cost base of earlier parcels, which means your future CGT calculation is probably more complicated than you think. Owen and Navarre also explore how tools like Navexa can model rebalancing decisions, compare FIFO with lower-gain methods, and estimate the tax impact before you sell.

They also discuss what the mooted post-July 2027 rules could mean in practice, why better records may become non-negotiable, and how investors can avoid handing extra money to the ATO just because their admin is a mess. If you own ETFs, buy shares regularly, or expect to rebalance in the years ahead, this is a practical episode worth hearing before tax time gets even trickier.

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

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 and Drew Meredith are back for a super-sized "2 sense" segment, breaking down the biggest market news, key themes, and listener questions impacting Australian investors.

In this episode, we dive deep into:

- The AI Revolution: Despite mind-blowing growth (NVIDIA's profit up 285%), why did the tech giant "fail to impress," and what does the market concentration in a handful of names (NVDA, GOOGL, AMZN, META) mean for the S&P 500? We cover the trillions being poured into AI infrastructure and BlackRock's bullish strategic view on developed market stocks.

- Market Outlook & Bear Calls: With easy risks to call like high interest rates, oil prices, and inflation, is it finally time to sell a BEAR market? We analyse soaring bond yields (US 30-year nearing 5%—highest since 2007) and whether the traditional 60/40 portfolio is broken beyond repair.

- SpaceX IPO Controversy: We break down the incredible surge in space stocks (Virgin Galactic) and new ETFs (RCKT, MOON). Crucially, we uncover the controversial NASDAQ rule changes that may mechanically force Australian superannuation funds to buy into the SpaceX IPO.

- ASX Gold Miners in Crisis: Elliott Management, the $US80 billion activist fund, has demanded urgent action at Australia’s largest gold miner, Northern Star (NST), calling out operational missteps and suggesting the company consider a sale. We discuss the rising risk of earnings downgrades across the gold sector.

- Australian Finance & Tax: Is Guzman y Gomez (GYG) leaving the US a red flag? We tackle listener questions on Franking Credits, the impact of new CGT rules (CGT changes in Federal Budget), investing for beginners, and more.

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

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, Mitchell Sneddon sits down with veteran investor John Abernethy to unpack what market crashes really teach you when you have lived through several of them. Rather than chasing clever forecasts, John explains why liquidity, incentives and investor behaviour usually matter far more when markets get ugly.

John reflects on the 1987 crash, the dot-com unwind, the GFC and COVID, sharing how he thought about protecting capital, raising cash early when risks were building, and moving when panic created better prices in listed debt, hybrids and quality businesses. It is a grounded look at how experienced investors respond when fear takes over and headlines get louder than fundamentals.

The conversation also traces John’s path from banking and NRMA to helping back online broking in Australia, with practical lessons on credit, balance sheets and why understanding incentives still gives investors an edge. He also returns to a simple idea that feels especially timely in today’s market: read widely, think independently and do not let euphoria do your thinking for you. Buffett’s letters, common sense and patience still matter.

If you want a clearer framework for market crashes, bubbles and long-term investing, this episode is a sharp reminder that the best lessons are usually the ones investors keep forgetting.

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

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