This week, Betsy Westcott, financial coach and former banker, joins us to share her journey from the world of banking to financial coaching and what she’s learned about the psychology of money along the way.We dive into the disconnect between wealth and personal happiness, the dynamics of Australia’s housing market, and our cultural addiction to debt. Betsy explains why financial education is critical to breaking unhealthy money cycles and empowering individuals to make better choices.We also explore the growing role of finfluencers in shaping financial behaviour, and Betsy shares her vision for a more financially confident and empowered society.To follow Betsy click here:LinkedIn: https://www.linkedin.com/in/betsywestcott/Instagram: https://www.instagram.com/betsywestcott/Website: https://www.betsywestcott.com/To follow Evan click here:LinkedIn: https://www.linkedin.com/in/evan-lucas-44a25316/Instagram: https://www.instagram.com/evanlucas_/Website: www.evanlucas.com.auChapters00:00 From Banking to Financial Coaching03:02 Understanding Money Psychology05:49 The Value Trap and Self-Worth08:49 Housing Market Dynamics and Debt Addiction12:04 Cultural Attitudes Towards Wealth14:54 The Role of Influencers in Financial Education17:51 Navigating Investment Strategies20:56 The Risks of Negative Gearing24:02 The Need for Financial Literacy26:59 A Vision for Financial Education29:57 Betsy’s Ideal Financial Revolution Hosted on Acast. See acast.com/privacy for more information.
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Exchanges with Lawrence Lam: The Founder
This week, Lawrence Lam joins us to explore the powerful role that founders play in shaping company success. We dive into the unique traits and decision-making styles that set founders apart, and how their intrinsic motivation drives long-term vision and resilience.Lawrence unpacks the psychological side of corporate leadership, the risks that come with founder control, and why long-term incentives are essential in corporate governance.Follow Lawrence here:LinkedIn: https://www.linkedin.com/in/lawrence-lam-354b84bb/Website: https://lumenaryinvest.com/Book: https://lawrencelam.org/the-founder-effect/#buythefoundereffectFollow Evan Here: LinkedIn: https://www.linkedin.com/in/evan-lucas-44a25316/Instragram: https://www.instagram.com/evanlucas_/website: www.evanlucas.com.auChapters00:00 The Fascination with Founders02:52 The Traits of Successful Founders05:48 The Lego Case Study: A Masterclass in Alignment09:36 The Risks of Founder Control12:49 Identifying Founder Narcissism15:50 Motivation: Intrinsic vs Extrinsic19:51 Long-Term Thinking in Corporate Leadership23:33 Incentives for Change in Corporate Australia26:45 A Vision for the Future Hosted on Acast. See acast.com/privacy for more information.
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Exchanges with John Addis: Fundamentally
This week, John Addis joins us to examine the state of fundamental investing in today’s markets and the growing influence of AI in analysis and research.The rise of passive investing, the opportunities (and risks) AI presents, and the historical parallels to the dot-com bubble. John also shares why learning from mistakes is central to building resilience as an investor.At its core, John emphasises the need for a balanced, disciplined approach to investing—and the importance of not letting worry or fear dictate financial decisions.To follow John click here:LinkedIn: https://www.linkedin.com/in/johnaddis/Book: https://majorstreet.com.au/products/how-not-to-lose-1-million-br-i-small-by-john-addis-i-smallTo follow Evan click here:LinkedIn: https://www.linkedin.com/in/evan-lucas-44a25316/Instagram: https://www.instagram.com/evanlucas_/Website: evanlucas.com.auChapters00:00 The State of Fundamental Investing02:59 The Impact of Passive Investing05:54 AI's Role in Market Analysis08:56 The Dot Com Bubble and AI Hype11:46 Australia's Economic Landscape14:43 The Future of Australian Companies17:43 Regulatory Challenges in Capital Markets20:33 The Role of Superannuation in Investment23:45 Learning from Investment Mistakes29:38 A Day in Charge: John Addis' Vision Hosted on Acast. See acast.com/privacy for more information.
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Exchanges with Belinda Allen: Now What?
This week, on Exchange, Belinda Allen Senior Economist at Commonwealth Bank joins us to break down the current state of the Australian economy, from the RBA’s interest rate decisions and inflation trends to shifting consumer behaviour and the hurdles facing fiscal and tax reform.We explore what these factors mean for business investment, economic recovery, and the ongoing energy transition, as well as the pressing issue of housing affordability across different states.Follow Belinda here:LinkedIn: https://www.linkedin.com/in/belinda-allen-1b322134/Website: https://www.commbank.com.au/newsroom/contributors/Belinda-Allen.htmlFollow Evan here:LinkedIn: https://www.linkedin.com/in/evan-lucas-44a25316/Instagram: https://www.instagram.com/evanlucas_/Website: www.evanlucas.com.auChapters00:00 RBA Rate Cuts and Economic Outlook02:53 Inflation and Consumer Behaviour05:54 Business Investment and Economic Recovery08:52 Fiscal Policy and Economic Reform11:44 Tax Reform Challenges14:49 Energy Transition and Future Investments17:59 State Performance and Housing Affordability20:53 Final Thoughts on Housing and Planning Hosted on Acast. See acast.com/privacy for more information.
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Exchanges with Joesph Healy: Wealth of Nations for Modern Australia
This week, Joseph Healy, co-founder of Judo Bank, joins us to explore the enduring relevance of Adam Smith’s economic principles in today’s Australia.We dive into the often-overlooked connection between economics and morality, the role of education in driving equality and productivity, and why businesses must start viewing employees as long-term assets, not just costs.Joseph also shares his concerns about the profit-driven direction of universities, the challenges within our current education system, and how Smith’s thinking can help rebalance economic priorities with societal responsibility.It’s a powerful reminder that good economics starts with good valuesFollow Joesph here:LinkedIn: https://www.linkedin.com/in/joseph-healy-6638974b/Book: https://majorstreet.com.au/collections/new-release/products/what-would-adam-smith-make-of-modern-australia-br-i-small-by-joseph-healy-i-smallFollow Evan here: LinkedIn: https://www.linkedin.com/in/evan-lucas-44a25316/Instagram: https://www.instagram.com/evanlucas_/website: https://evanlucas.com.au/ Hosted on Acast. See acast.com/privacy for more information.
Australia