Can ESG help you protect your wealth and business from the impacts of climate change? Climate change is a big topic, with wide-ranging impacts that have substantial financial implications. Consumers are increasingly demanding more eco-conscious practices, and regulations are becoming stricter worldwide, including here in Australia. We are already seeing proactive businesses adapting their strategies to align with a sustainable future.So, how can you protect yourself, your business and yo...
In this episode of the talkBIG podcast, host Andrew Sykes is joined by a lineup of seasoned professionals from RSM, each bringing their unique expertise to the table. We explore the wide world of professional services to try to pinpoint when, exactly, it’s time to speak to a professional. People often try a very DIY approach to things, and sometimes that’s appropriate – for example: you don’t need an electrician to change your lightbulb but you should hire one if you’re rewiring your kit...
In this special episode of talkBIG, host Andrew Sykes leads a panel discussion on the recent Federal Budget with a live audience. Our expert panel includes RSM’s in-house economist Devika Shivadekar, financial expert Grace Bacon (Director, Financial Services), and tax specialist Tony Fulton (Director, Tax Services). Together, they analysed the details of the latest federal budget, providing insights and practical implications for various industries, businesses, and individuals.Key Takeaw...
Whether you're working for a salary, managing your own business, or planning for retirement, inflation is having an impact on your finances. You need to understand that impact to make sure you adjust your financial strategy in the right direction. Special guest David Berthon-Jones joins us to discuss the impact of inflation as well as strategies for managing finances and investments in a high-inflation economy.If you’re feeling the pinch of rising prices and wondering how to safeguard yo...
Get ready for some money-saving strategies to help you stretch your hard-earned dollars. Join Andrew, Chris, and Young on the talkBIG podcast as they tackle the challenges of a high cost of living and rising interest rates. In this episode, the hosts reveal eight "accountant secrets" for smart money management and household budgeting. Learn about compound interest, paying yourself first, offset accounts, paying down your mortgage principal, and more.We know that the rising cost of living can ...
Looking to save money on your energy bill? Join hosts Andrew, Chris, and Young as they dive into the world of energy efficiency in this electrifying episode of talkBIG. Discover practical strategies that not only put cash back in your pocket but also contribute to a greener planet.The talkBIG crew sits down with Jacob Elkhishin, RSM's National Leader for Resources, Mining, Energy & Sustainability to take a deep dive into energy efficiency. They delve into the global factors influencing en...
talkBIG season 2 episode 8: - Cyber security and IT for small business – with guest Darren Booth Let's face it, cyber attacks have become so common that you can barely turn on the news without hearing about some sort of massive data breach. But don't worry, RSM is here to help. For this talkBIG episode, hosts Andrew, Young, and Chris sat down with RSM's National Head of Cyber Security and Privacy Risk Services, Darren Booth, to uncover some startling truths about the seedy underwor...
In part two of our talkBIG double episode, Andrew, Young and Chris discuss the final four trends from our thinkBIG report on the 8 key trends impacting small businesses in 2023. If you're a small business owner or private contractor, you won't want to miss this.First up, the talkBIG team talks about cyber security, and it's a big deal. Did you know that the dark web is now the third largest economy in the world? And a cyber crime is reported every 7 minutes! That's why it's crucial for busine...
In this two-part episode of talkBIG, hosts Andrew, Young and Chris explore the big trends affecting small businesses in Australia in 2023 and beyond. If you own a small business, listen up because this episode is just for you. The world is changing fast, so it’s important for business leaders to reflect on their strategies and look for ways to improve. Obviously, knowing what to expect makes it that much easier to plan ahead. Earlier this year, RSM released an in-depth report which ident...
In a not-to-be-missed episode, the talkBIG hosts are joined by Julian Muldoon, Director and Founding Partner of 1Group Property who shares his insights into the state of the housing market in Australia and what we can expect to see throughout 2023. Housing, renting and the investment property market has become a hot topic in Australia. With the recent RBA rate hikes leading to higher mortgage repayments and shrinking property values, coupled with a widespread rental crisis, the state of ...
Everyone makes (and breaks) resolutions at the turning of the year. But with rising inflation and a looming recession, there are some financial new year's resolutions that will be essential to get ahead in 2023. talkBIG hosts Chris and Young chat to guest Andrew Fernance about setting and achieving financial goals, with expert strategies for making hard financial decisions. Whether you're managing your personal finances or the budget for your business, these tips will help you get ahead in 20...
Interested in the stock market but not sure where to begin? Special guest Louise Bedford shares her secrets to becoming a successful day trader. She talks about how to cut through the amateur advice that might get you into trouble, and navigate market volatility like a pro. Andrew, Chris, and Young have a riveting conversation with Louise about the intricacies of trading, the difference between trading and investing, and the comparative strengths of using technical analysis versus fundam...
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 mor...
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, s...
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 clotheslaundryeducati...
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 in...
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 AC...
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.Text us your questions!Thanks for listening! Visit the RSM Australia website to a...
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 s...
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 ...