Beyond the Budget: How Charlie Viola is approaching building wealth | Ask an Adviser
6/1/202636 min
The federal budget has investors asking whether the old wealth-building playbook still works. Charlie Viola joins Bryce and Ren to unpack what proposed tax changes mean for trusts, super, property, private credit and portfolio construction and why the fundamentals still matter more than the tax noise.
In this episode:
00:00 — Why tax changes shouldn’t derail good investing
00:55 — Budget changes and the pressure on family trusts
05:14 — Capital gains tax: overreaction or real risk?
09:01 — How accumulators should think about structures
15:31 — Has the case for investment property changed?
17:22 — Property, leverage and negative gearing
19:23 — Global equities, AI and portfolio positioning
23:14 — Why Australian equities look less compelling
25:01 — Private credit and understanding the risks
28:14 — Infrastructure’s role in portfolios
32:49 — Charlie’s key actions for investors this year
If you would like to speak to Charlie or any of his team head to equitymates.com/advice and we will put you in touch.
Stocks & ETFs mentioned: Commonwealth Bank of Australia (ASX: CBA), BHP Group (ASX: BHP), ANZ Group (ASX: ANZ), Telstra Group (ASX: TLS), Woolworths Group (ASX: WOW), CSL (ASX: CSL), Cochlear (ASX: COH), Brambles (ASX: BXB), Macquarie Group (ASX: MQG), Hamilton Lane (NASDAQ: HLNE), KKR & Co (NYSE: KKR), Qualitas (ASX: QAL).
———
Want to get involved in the podcast? Record a voice note or send us a message
And come and join the conversation in the Equity Mates Facebook Discussion Group.
———
Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.
Keep up with the news moving markets with our daily newsletter and podcast (Apple | Spotify)
We’re particularly excited to share our latest show: Basis Points
- Listen to the podcast (Apple | Spotify)
- Watch on YouTube
- Read the monthly email
———
Looking for some of our favourite research tools?
- Download our free Basics of ETF handbook
- Or our free 4-step stock checklist
- Find company information on TIKR
- Research reports from Good Research
- Track your portfolio with Sharesight
———
Equity Mates Investing is a product of Equity Mates Media.
Hosted on Acast. See acast.com/privacy for more information.
Clips
Transcript preview
First 90 secondsAlec Renehan· Host0:00
[gentle music] Everything you're about to hear is for education and entertainment purposes only. Whilst we are licensed, we're not aware of your personal financial circumstances. Any advice is general advice. Equity Mates operates under Australian Financial Services license 540697. Today's episode is brought to you by Centuria.
Bryce Leske· Host0:18
Many of the world's wealthiest investors include commercial property in their portfolios. If you'd like to join them but don't know where to start, consider investing with experienced ASX listed property fund manager, Centuria Capital.
Alec Renehan· Host0:30
Centuria gives you access to attractive commercial property investment opportunities that go beyond traditional sectors without needing large amounts of upfront capital or taking on the work of managing tenants and properties.
Bryce Leske· Host0:42
Offering a choice of unlisted property funds, listed property funds, and real estate debt funds, it's easy for you to find an investment that matches your individual goals and risk appetite.
Alec Renehan· Host0:51
Visit invest.centuria.com.au/equitymates to learn more.
Bryce Leske· Host0:57
Today's podcast is brought to you by Odoo.
Alec Renehan· Host1:01
Now, Bryce, I want you to imagine something. Imagine managing the entire Equity Mates business operations on a single integrated platform.
Bryce Leske· Host1:10
[laughs] That would be the dream.
Alec Renehan· Host1:10
God, we do a lot of context switching here.
Bryce Leske· Host1:13
[laughs] That would be the dream.
Alec Renehan· Host1:13
But it is possible with Odoo. Odoo is an all-in-one business management solution that offers over 70 business applications designed to streamline every part of your operations, from accounting and sales to CRM and website management.
Bryce Leske· Host1:28
Odoo's applications are easy