WCC - The 3 Biggest Wealth Killers in Australia

The 3 Biggest Wealth Killers in Australia

Apr 14, 2025 | Podcasts, Wealth Coffee Chats

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In today’s Wealth Coffee Chat, Jason Whitton delivers a fiery breakdown of the three biggest threats to your financial future: banks, the ATO, and politicians. With Australia heading into an election, he exposes the hidden costs and short-sighted policies wrapped in “voter-friendly” housing incentives — like tax-deductible mortgages and 5% deposit schemes. Jason argues these promises won’t solve the real housing crisis and calls out the systemic failure to support builders, unlock land supply, and enable real property development. Lets Wealth Coffee Chat!

🎥Chapters:

00:00 – Intro
03:14 – The Real Estate Landscape: AI, tariffs & political distractions
05:01 – The 3 Big Wealth Eroders: Banks, ATO, and politicians
08:21 – Election Promises Exposed: Tax deductions for first home buyers
13:14 – The Missing Link: Builders and supply chain challenges
17:13 – Finance & Servicing Reality: Who can actually access these schemes?
19:48 – What’s Really Broken: Council delays, building costs & real timelines
22:33 – Property Summit Plug: Monopoly game, speakers, and why you should attend

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