
After ten years out of government, Treasurer Jim Chalmers has delivered Labor's first budget since its election victory in May. In this special episode of talkBIG, host Andrew Sykes plays facilitator as he talks to RSM experts Liam Telford, Grace Bacon, and Rick Kimberley about the October 2022-23 Australian Federal Budget. They discuss how will this budget will impact Australia’s economic resilience as it attempts to solve the inflation, growth, and jobs challenges Australia faces. For a more detailed analysis, make sure to download the RSM Federal Budget report. Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Nov 4, 2022
43 min

In this episode of talkBIG, hosts Andrew, Young and Chris take on a topic many people want the answer to: "How do I get rich?" They approach the question with a blend of straight-forward advice on building wealth and entertaining quips about get-rich-quick schemes.Chris shares his insights into the strategy that goes into growing personal wealth, answering some common questions about thinking like a rich person. Learn about investment strategies, tips on how to save, hidden costs, safe versus risky finance management and when it's okay to indulge. Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Oct 10, 2022
27 min

In our first episode of the new season of talkBIG, we answer one of the most common questions accountants hear during tax season: what expenses "count" as taxable deductions?Our talkBIG hosts, Andrew, Chris, and Young, discuss the "golden rules" of managing tax deductions. Along the way, they cover the Australian Tax Office (ATO) rules surrounding: travel expenses record keeping COVID-19 payments RAT tests changes to superannuationcars clotheslaundryeducation and training working from homeholiday homes rental propertiesIf you've ever been unsure about what things can be deducted when doing your tax return in Australia - this episode is a must-listen!Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Sep 14, 2022
30 min

Sarina Lacey leads the Health Economics Business Unit at the Centre for International Economics and will be speaking to us about health economics, the impact that has on individual finances and health insurance. Shaped in the late 1900's with the commencement of Medicare, Australia's health system is very different to any other country: giving Australians universal access but, what is the cost of that and what role does private health insurance play? From a society perspective, health insurance is very much worth it for the betterment of the overall health sector but as an individual is it worth your while?Join us for this episode of talkBIG as we discuss all things Health.Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
May 10, 2022
21 min

Kate Carnell AO is an Australian businesswoman and former politician. Now, as Chair of a recently publicly listed company, Racing and Sports, Kate takes us through what is involved in going IPO and what has kept her enthused and focused on what really counts in business throughout the years. Kate started her career as a Pharmacist in the 1980s, later launching her foray into politics after being involved in the Pharmacy Guild and Canberra Chamber of Commerce. This led her to being the ACT Chief Minister and Small Business and Family Enterprise Ombudsman.Whether it was aspiring to be the best professional pharmacist by knowing every customer by name or utilising 'situational leadership' to guide her teams through challenging situations, Kate has a wealth of knowledge to share and it was a pleasure speaking with her. Enjoy the listen!Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Apr 20, 2022
19 min

Access insights from our panel of experts, including regular talkBIG host Andrew Sykes, Partner - RSM Australia, Effie Zahos, Editor at Large - CANSTAR, David Pearce, Executive Director - The Centre for International Economics, Mary Lai, Principal - RSM Australia and Paul Bongiorno, Columnist - The Saturday Paper as they unpack the challenges and opportunities for an Australia focused on recovery and re-building.Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Mar 31, 2022
56 min

David Pearce has been studying the economic effects of climate change and related issues for over 30 years. Over recent times in Australia alone, we've experienced increasing economic threats due to floods, bushfires and natural disasters. Being a coastal nation, sea levels rising which will affect most of our major cities in the near future. Maintaining agricultural productivity, more droughts or floods and heat stress in general will also be of a particular concern. When the solution seems clear, how can one make world leaders think beyond the next 2-3 years? The estimated cost of climate change itself to the Australian economy is predicted to be between 2-6% GDP. It is also in our interest to be part of international efforts to reduce emissions and to encourage other larger polluting countries to lower theirs.In this episode, we explore the opportunities available and what might be hindering more rapid progress from both the Government and private sector. Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Mar 21, 2022
22 min

In this episode of talkBIG, Kasey Fox of Farrar Gesini Dunn busts family law myths stressing that pro-active protection better for all. Kasey has been a Family Lawyer for the past 16 years, and while she acknowledges she is not necessarily someone people want to find themselves needing, the reality is often a lot less daunting after starting those conversations. Join us as we talk prenups, postnups, your rights in a defacto relationship, what to do in a separation to avoid paying out in court and who keeps the family pet!#talkBIG #newpodcast #podcastforleaders #newpodcastalert #podcastinterview #spotifypodcast #podcasthosts #followalong #newepisodealert #FamilyLaw Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Mar 8, 2022
26 min

If you're thinking of getting into Cryptocurrency, a great place to start is by knowing where to invest and avoiding the 'FOMOs', taking a common sense approach and to start following the exchange. In this talkBIG episode, David Elliott, of Agile Digital, talks everything you need to know to begin your crypto journey, including hardwear wallets, private keys, bitcoin security, data storage and what lies ahead! Will banks go the same way as the telephone booth?Crypto is a volatile asset class that experiences a lot of ups and downs so once you do take that your first steps, avoid reacting to the fluctuations and let the investment work for you long term. Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Feb 21, 2022
24 min

In this episode, we talk getting over your financial hangover from Christmas and start off the new year with some new ideas and tips on how to improve your personal finances.Saving and putting money aside is a lot easier that making extra money but the key is finding something that suits you and something you can stick to long-term. If you don't want the hassle of tracking your spending in a budget there are simple, set and forget strategies to develop that nest egg for a rainy day or holiday. Thanks for listening! Visit the RSM Australia website to ask the hosts a question.
Feb 8, 2022
19 min
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