Podcast appearances and mentions of andy fenton

In today's Wealth Coffee Chat, Jason Whitton is joined by Andy Fenton to unpack whether the upcoming election will genuinely affect property investors in Australia. With both major parties sitting on the fence, the conversation dives into real concerns around negative gearing, capital gains tax, and the staggering lack of supply-side solutions. Jason and Andy also expose how foreign investment incentives are sidelining Aussie investors and why policy changes often do more harm than good. Plus, learn how to future-proof your wealth strategy—regardless of who wins power.

In this episode of Wealth Coffee Chats Jason is joined by Andy Fenton, Director of Fenton Financial and one of Australia's best professional business minds. Andy and Jason break down the ways that property investors can start to use both their business structures and their tax structures in unique ways to boost the efficiency of their investments long term. Is this something you could take advantage of? Let's Wealth Coffee Chat!

In this video WCC guest host and Director of Fenton Financial, Andy Fenton, walks us through the overwhelming political change being seen throughout the world and tries to find the middle ground between political structures and reality. Let's Wealth Coffee Chat!

In this episode of Wealth Coffee Chats, Andy Fenton dives into the latest changes in tax rates and superannuation. He breaks down the new tax brackets, how inflation affects your tax payments, and the increase in the superannuation guarantee for salaried investors. He also discusses changes to concessional and non-concessional contributions, emphasizing the importance of effective tax management and maximising super contributions to minimise tax. Let's Wealth Coffee Chat!

Welcome to Wealth Coffee Chats! In this episode we're going to deviate slightly and talk about business; are you a business owner? Have you thought about what your exit plan looks like? Are you confident your business is structured correctly? No? If not, in this video both Jason Whitton and Andy Fenton will walk you through the 3 pillars of of wealth, how they apply to your business owners and what you can do to start making your business assets more future proof.

In a shortened Wealth Coffee Chat this morning, Jason Whitton is joined by financial and business strategist Andy Fenton, who is here to respond directly to Australia's latest Federal Budget update. What's new for investors? What are the changes to happening to your superannuation if you accrue over $3M? Let's Wealth Coffee Chat!

Talk from Andy Fenton on June 25, 2023

Andy Fenton is in again today to tell us what's really going on in the market compared to what the media is putting out...Let's Wealth Coffee Chat!

What is the place of singing in church life and how can church leaders help people sing well? In this episode, Adrian Reynolds (Head of National Ministries) is joined by Sally Jackman (Contagious Bible Ministries) to talk about her experience as a singer in church ministry, why singing is important in church life, and how we can help one another sing well. 00:00 - Introduction 02:21 - Why do we sing? 08:07 - How do you choose what to sing in church? 13:55 - Teaching new songs 17:10 - Learning new songs with few resources 20:35 - Planning songs in a Sunday service 26:11 - How do you lead sung worship? 31:21 - Will we have perfect pitch in heaven? You can watch a video of this episode and get more resources for church leaders on the FIEC website. Resources mentioned in this episode Piano Playing (with Phil Moore) (fiec.org.uk) Leading Worship with a Guitar (with Andy Fenton) (fiec.org.uk) Rhythms of Grace, Mike Cosper (10ofthose.com) City Alight (cityalight.com) Sovereign Grace Music (sovereigngracemusic.org) Getty Music (gettymusic.com) Phil Moore (cornerstoneworship.co.uk) FIEC Centenary Song (fiec.org.uk) About In:Dependence: In:Dependence is FIEC's official podcast, where you'll hear teaching and resources for church leaders from the FIEC Ministry Team and guests from FIEC churches and partners. You can access video podcasts by subscribing to the FIEC YouTube channel. About FIEC: We are a fellowship of Independent churches with members of the family across England, Scotland and Wales. Our mission is to see those Independent churches working together with a big vision: to reach Britain for Christ. Being part of FIEC links you to a growing number of Independent evangelical churches and there are now more than 50,000 people who are part of churches affiliated to FIEC. Follow FIEC on social media: Instagram Facebook Twitter

How can guitar players lead churches well in singing and worship? In this episode of In:Dependence, Adrian Reynolds (FIEC Head of National Ministries) is joined by Andy Fenton, Team Leader at Music Ministry, to talk about leading singing and worship with a guitar. 00:00 - Introduction 03:28 - Playing the guitar in church 07:52 - Using a capo 11:35 - Helping people sing well 16:51 - Keeping time with a guitar 22:32 - Introductions with a guitar 26:09 - What do you play between verses? 27:19 - Strumming technique 30:08 - Variation on chords You can watch a video of this episode and access more resources like this for church leaders on the FIEC website. About In:Dependence: In:Dependence is FIEC's official podcast, where you'll hear teaching and resources for church leaders from the FIEC Ministry Team and guests from FIEC churches and partners. You can access video podcasts by subscribing to the FIEC YouTube channel. About FIEC: We are a fellowship of Independent churches with members of the family across England, Scotland and Wales. Our mission is to see those Independent churches working together with a big vision: to reach Britain for Christ. Being part of FIEC links you to a growing number of Independent evangelical churches and there are now more than 50,000 people who are part of churches affiliated to FIEC. Follow FIEC on social media: Instagram Facebook Twitter

Andy Fenton is behind the desk today to talk all things tax, property and structure. Let's Wealth Coffee Chat!

How should business owners accelerate their wealth and protect their business? Andy and Jason bring you 27 strategies that will help you save millions..Let's Wealth Coffee Chat!

Andy is the Managing Director at Fenton Financial, who specialise in financial services for business owners and professionals. Andy fundamentally believes that "if you really want to make your wealth work for you, then you have to take some level of responsibility for the journey", and that you can't manage what you can't measure. Andy Fenton LinkedIn: https://www.linkedin.com/in/mrandrewfenton/?originalSubdomain=au Fenton Financial Website: https://fentonfinancial.com.au/ Join the #1 client portal for advisers. Find out more at https://www.myprosperity.com.au/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Audio of a talk given by Revd Andy Fenton on 'The religious' from John 3:1-21 at a Christians in Parliament Chapel Service which was held by video call on Tuesday 26th January 2021.

- Hey, good morning everybody. Jason here, diving for another quick coffee and a chat. I everyone's well, a little bit late this morning. Trying to get myself organized on a Friday. Hopefully everyone is well while the internet is warming up and people are jumping on quickly do the intros as I always do. Jason Seccond hand my name for those who are dialing in for the first time. Good morning, Good morning Justin. Great to have you here. Hey Damien Morning Alison. Good to have you guys on as always and supporting thank you very much. Been coaching property investors for quite a while. Hey Megan. Morning pen and investing myself over 20. So a good question. There was a question yesterday and I can't remember who asked it but I talked about the different types of properties houses versus apartments versus townhouses Morning Michelle and it's good conversation because it comes up all the time. And the answer to questions like, are apartments worse than houses or houses better or townhouses better. It's a very subjective question. And it all depends on what you want and what your budget is. And hi morning Brad depends on your budget depending on what you're trying to achieve, depending on the city you wanna buy in there's a whole lot of variable in that. But yesterday Preet did a follow up question from yesterday's chat, a coffee and a chat. I need a little sip of my coffee. Oh yeah. she did a follow up question saying, "I bought an old property "quite an old property in an area in Melbourne. "It was a two bedroom unit." It has an old property in Melbourne. "Should I renovate it to get better rent or sell it? "It's gotten the approval of two bedrooms unit at the back. "It's negatively cashflow by 500 bucks a month. "Please advise." So good question Preet. And this is the challenge. This is the mathematics, the challenge of sometimes of properties. And let's talk about secondhand properties today. By and large older houses end up with larger land content. And there's a little bit of a rhetoric that goes around, that more land equals better value better wealth, better capital growth. Now that's kind of true. And it depends on where you looked at. That does tend to give you a little bit better growth. The problem is The problem is the cost of the extra land. And what Preet is probably now experiencing is she may have bought land, bought in an established suburb an old house, that house now, cause the land doesn't attract the rent. Gang hear me when I say this, the size of the land has nothing to do with the rent you can charge for your property. Unless it's a commercial property or something else. And this is the part where you just have to be strategic. You just got to think this stuff through. Because it's not the capital growth that causes you grief nine times out of 10. It's the lack of rent or inability for the rent of the house, the dwelling to cover its own costs. And unfortunately right now, Preet is experiencing that as a property investor. Maybe thought well you know I'll buy house, it's even got an approval for another dwelling on the back. Fantastic. Add the value. There's upside there, there's wealth there, there's capital growth there. And we get a bit starry-eyed sometimes. And maybe this is true Preet Maybe this is not. So let me know if it is or isn't. I'm choosing this as an example today, to give you a question and answer a few questions. we see the add value. We see the upside of the property deal and we give that more credibility than the cashflow issues of owning a deal. The cashflow issues of owning a deal are far more important to you, for most people than a future, maybe capital growth and don't get this wrong. Okay. You have to make sure that the cashflow from that property is going to sustain itself and support you into the future. Okay. That's what I'm talking Preet right now has got probably a good property there that if she spent 30 to $50,000 on a renovation and got the rent up, so it can pay for itself would be worth keeping. My question to Preet and often my question to you as a property investor do you have 30 to $50,000 of excess equity accessible cash to renovate that property to get its rent back up? Because Preet got to get the rent up by my mathematics $125 a week to cover its monthly shortfall. That is a huge, a huge up uplift for the rent By and large that's not going to get done by paint and carpet and a couple of new light bulbs. That's not gonna happen in a renovation. That's why I dislike for most property investors second hand properties because you don't have the money to cover the cost of them, the houses on them are usually old designed very dysfunctionally and will require quite a costly upgrade to get them up to speed in the rental market. And good morning Shaquille by and large, you get to the end of wherever you are and you might have equity in the property, but the rent is so low. It doesn't support you from a servicing point of view and you can't get access to the equity. So it's a confusing thing this thing gang, By and large yes, If you had a nice big, chunky piece of land the value might go up. But the house value the house, the dwelling is what gets rented gang. The land does not bring you income. Okay. And we see this all the time when we're analyzing. Hey morning Nicole We see this when we're analyzing brand new houses right now in the marketplace. Okay. When we're analyzing the house and the person's like, "Oh, like I've heard land is lands the best thing. "So I'm going to buy the biggest piece of land I can." And so what happens is they go for a 500 or a 550. If you can find it square meter land in a nice new estate, 600 if you can get it. They pay $100,000 more than the person next door for the land, then the person next door for the land paid for their 400 square meter block. Right? And let's say it's two investors. The person on the 400 square meter block has a positive cashflow property. The person with the $600,000 block or the 600 square meter block they paying $100,000 more has a negative cashflow property in the same location, renting to the same tenant. The tenant's not going to pay $100 more just because you bought a bigger piece of land guys. It's not gonna happen. So we have to check our rationale in there. Okay. So it's a long way round Preet to answering your question. The answer to your question is, it does depend on the location. If the location is amazing and you have equity or cash in your property now that you could afford to do the renovation and build the two bedroom apartment at the back, then absolutely. Like I would if it all ticked all the boxes I would add the value because that's the highest and best use of the real estate Preet. Okay. Like I would. Okay. That's what a second hand add value property is for. And if you bought it well, if you've purchased that property well Preet, if you manage your budget well, you'll probably add value and have some instant equity over and above your costs. That'd be ticking the box would be awesome outcome. The challenge is, it's going to cost you 150 grand in the backyard to add the two bedder and probably another 30 or 50 grand to renovate the house. Do you have that money? And this is the conundrum for property investors. You can see the value but you don't have the cash, your strategy wasn't there. You didn't understand how to create or direct your resources to the strategy, to get the outcome. And you're retrofitting a question like light based on something you did ages ago, and it's hard to change it. But preet, happy to have a one-on-one conversation with you Preet. If you're listening in, reach out, that's what we do. We do some coaching. It could be you just need to restructure where you're at and go for it Or it could be preet, you have to sell it and buy a better property next time. Understanding, Hey Astrine understanding your limitations of your resources. Because we say what we do is we see possibility as property investors, which is awesome. And then our resources sometimes don't match the possibilities of the things we gonna buy and there's a gap And in that gap is disappointment. And in that gap can sometimes be quite some challenges. So gang that's why I believe having a good coach or a good mentor is essential in this game as you roll into it. But there you go. So Ben asked how about renting out your PPR to help with the lending? Absolutely mate. Like I've done that, I've done it. Many of our clients have done it. Rent out the place of residence. You can rent it out for six years, capital gains tax free gang, as long as you don't nominate another principle place of residence. So there's some extra benefits in there too which is quite cool, which is quite good. There was a question yesterday, or there was a little bit there was one thing yesterday also before I finish up this morning about my topic, about the principal place of residence, the PPR upgrade strategy gang. I think I did that one a couple of days ago, the PPR upgrade strategy. And I think it was Tanya asked about, if I rent out a room in my property is there a problem with capital gains tax? And the answer is yes. If you rent the room out, then that will in your principle place of residence. If you earn income from the rental room then it will have some capital gains tax a fix. Now you have to have talk to your accountant about that. However, my answer was don't rent the room, have the company if it's there, pay for amenities, pay for the electricity pay for water, coffee, tea, toilet paper, internet Don't rent the house. It gets to use the amenities. That's a good one right there. So chat to your accountant about that gang. There's some pretty cool stuff in there. Being smart about it is the way to go. Michelle got to put a tiny house on a property. I think that's a good idea Michelle. But the problem is Michelle, probably sometimes we don't want anyone on our properties, do we? But Oh good. Hi gang gang well listen, that's it for me today, coffee and a chat done and dusted. It's never black and white this stuff, there's always the devil's in the detail, right? So if you need any help gang, you need any support advice. Reach out. Me and my coaches around Australia and New Zealand love to help property investors. So track us down somewhere on our Facebook page or our website. There's a few events we do every now and then Be cool to have you guys along Tonight just before you go. Just before I go, doing Wine in Wisdom, Andy Fenton and myself, Andy from the banking and share world. Me from the property and finance world. And we debrief, we chat every Friday night, around about five O'clock a bit of a wine and hopefully some wisdom from the week. Wine and wisdom. Andy Fenton. Join us tonight on a Facebook live if you're up for it gang. And we just about what's going on. Favorite going in the secondhand favorite going on in the budget. Favorite going on this week in the world of lending and we do a bit of a debrief. Have some fun, maybe 45 minutes an hour conversation. So if you're up for it, grab yourself a wine a beer and come and join us Wine of wisdom 5:00 PM. Queensland time, no 4:00 PM Queensland time, 5:00 PM everywhere else. Anyway, hope you are all well I have a good one gang. Join us tonight if you're up for it. And if not, have an awesome weekend and chat to you again on Monday. Around about the same time. Around about eight o'clock QL daytime for another coffee and a chat. Take care, have a good one. That's it for me. Bye. Bye.

Hi, good morning everyone. Morning! Morning! A little bit colder here in Queensland today. Bit rainy overnight. Hopefully everyone is well while we on the internet and people are jumping on the live, we'll just quickly do that intros. Good morning Jason Whitton is my name. Each morning around about eight o'clock, jump on the old Facebook and do a bit of a Facebook law coffee and a chat. Good morning Alison you're always. Oh, I see great to have you on the lot again and just talk about little tidbits of information, inspiration whatever it might be for asset property investors. As we go on this journey, it's a marathon not a sprint. We've gotta go the distance but we've gotta be smart and we've gotta be focused and understand you know, what the outcome is. But today a bit of a shout out from someone yesterday asked about the principal place of residence, the PPR Upgrade Strategy and it's an excellent strategy. One we should keep in mind as we move through this journey, we call property investing, creating wealth as property investors. It's one of the cornerstones, the pieces of foundational wealth that you need to make sure you get right in this activity we call property investing, property ownership. Now your principal place of residence buy large, the debt on that is a bad debt. Okay? And so we've talked about this before and in other videos making sure that when we have a our own home principal place of residence, we target to reduce the bad debt and make sure that that happens at the right sequence. It's usually after acquisition is done because our resources are all of our spare capital needs to be put towards deposits. But for the most part, most people if they have a debt reduction strategy can pay off their own home principal place of residence within 10 to 15 years if you do it right, if you follow the strategy, follow the process, understand where your money is isn't and use it well. You can reduce your debt on your home significantly and fast. Okay? So the Principal Place of Residence Strategy Upgrade is a strategy that you use for tax-free wealth. Your own home is a tax-free asset. It's one of the only assets that you can own that if you buy and sell that asset, you don't pay any tax to the government, any capital gains tax to the government. Obviously when you own it you know you pay some rights and I technically that's a tax you pay some stamp duty when you buy a new one technically after tax but a sale tax, a gain of wealth, you don't pay any tax on the gain of wealth on your own home. So part of the strategy when you create a strategy over a 15, 20, 30 year plan, let's say we think a little bit longer in Australia. It depends on how fast you can pay your home off. Gang it is smart to go in two directions with your principal place of residence for upgrade. Number one, the first part of an upgrade Principal Place of Residence Strategy is the you purchase a property in a good location now let's say it's maybe an up and coming location. You lived there for 10 years. You reduce the debt and now you have a home that has got low debt or no debt on your principal place of residence, around you that a suburb has risen in value. You know it's gone significantly well. We've got one of our coaches in Melbourne. She did just that, you know 12, 13 years ago she bought a property in a pretty interesting location. It was good. It was a good location but it wasn't like the best best, you know in 10, 12 years later, it's an amazing location because the city has just put the pressure in that the capital growth around her and instead of selling her property and moving on, she has chosen to do a significant renovation on the principal place of residence because the house was old but the location and the land was excellent. And she maximized it's what's called the highest and best use, add value renovation to that property. So we've got two choices. First part of this is your principal place of residence it's capital gains tax-free. Your debt reduces significantly or pay it off completely. You get to this point, we go right. We've still got you know, we've still got the capacity to borrow. We've still got 10 or 15 years of working left in our life. What shall we do? Shall we significantly upgrade the property wing cause it is in a good location and now the house is not the highest and best use of the land we're living on or you know what? This area that we're in, that we could afford 10 or 15 years ago is a nice area but it's certainly not a premium area and it's time for us to sell our home and go buy in a premium area. So let me just try and put some numbers in this. Let's say you purchase a house, you know 10 years ago for $400,000. Now that house now is worth $800,000 let's say and you've paid off the debt. Okay 10 years later, you take that $800,000. You sell the property and you can go purchase. Let's say a property for 1.2, 1.4. You know, don't have too significant a debt, a debt you can pay off in 10 to 15 years maximum. Now you jump in location, you jump in property quality, you jump in maybe lifestyle value, a suburb a much better location. Now in the next 10 or 15 years time that property going up in value because you've shifted into a better location, goes from 1.4 to $3 million. Now the one you, if you stayed in the 800,001 and let's say it doubled in value, it's only $1.6 million. So you know the capital gain value over the long term principal place of residence, capital gains tax-free. Grow your principal place of residence value because it is the one of the only places you will ever get a tax-free capital gains sale in your personal name. It's the only place. You can have capital gains tax free sale if you own a property in super and you can have a capital gains tax-free sale if you're structured in business and your own a workshop or an office or something, and you qualify. So if you ever want to know about that stuff, let me know. It's a little bit more interesting but that's the idea. So you know guys part of your long-term strategy if you're looking to maximize your wealth should be the principal place of residence tax-free strategy, okay. There's another part of that principal place of tax-free strategy which is some people move in and buy and own principal place of residence, live there for a year, live there for one year, get all the grants and whatever, move out and rent it out for five. You can rent that property out for six years, live in another property, a rental property not have another principal place of residence and you've still got six years to sell that property capital gains tax free. So that's seven years of growth on that property. You could trade a property like that every six or seven years. So there's a few strategies around the principal place of residence, your own home that make a lot of sense using it as a wealth base to grow your capital and shift your wealth to the next location. The next opportunity if that's what you wanna do. Now for some of us we might have children and you know commitments and all that sort of stuff, the right school. I wanna be in that location whatever, you know moving you couldn't even comprehend it. So then potentially you would be better suited in that upgrade strategy which is the renovation strategy, add value, maximize the value at a point where it makes sense to with your principal place of residence. Okay? Hopefully that makes sense today gang as you go. And yeah, Alison here she said, I don't have a principal place of residence but I only wanna buy investment properties which is perfectly fine. Alison you know for some people, the PPR is not part of the strategy and that's okay. There's nothing wrong with that Alison but potentially we could tweak that strategy, potentially we could get you to live in one for six months and then we call that your principal place of residence for the next six years. And if we needed to do up like a trading boost to boost your capital, we could sell one tax-free and then upgrade to another one. There's a couple of ways to do the strategy. So it's not always the only way but that is one of the ways you can continue to grow your wealth tax-free as a property investor. Remember this gang you've only got certain amount of resources and everyone else is always trying to take those resources from you, right? The government, the banks, like everyone's trying to say, oh give me your money. You know trying to take the cash. Your job is to keep as much of that money as possible. The gross to net difference, you earn $100 and you put you know $700 in your pocket. That $300 that's gone missing. That's been taken by others. We need to get more of that back. Okay. The more we get the better off we're gonna get the longterm gang. And it's you know real wealth is about you know the compounding effect of $1, you know over the next 30 years, saving $1 extra everywhere rather than you know one big hail Mary decision to make the wealth all in one guy like that's gambling. Having a clear strategy about in 10 years time, I'm going to upgrade my principal place of residence capital gains tax free and double the exit value in 15 or 20 years time after that. That's strategy that's real wealth. That's planning. That's smart. And it's totally doable by everyone as you go. Oh yeah. Anthony, good question about demolishing and building. It's a little bit of a technical one that Anthony and it's certainly one that you'd have to chat to a good accountant about but certainly what can happen mate is that you can sell that property to another entity that you own, a company or a trust and then build those two properties and keep them for the future for investment. There's a few ways to make that work Anthony, which is quite clever so. Made a good question. That's one that many people do actually. So I might, if you need a good account and let me know but yeah you usually sell them to an entity, your own entity, which is a company or a trust to keep them for investment purposes moving forward. And especially if you do it at the end Anthony, if you do it when you're a bit older coming close to within sort of five or eight years of retirement, there's a very different, there's a very different opportunity to roll quite a lump sum of that gain potentially into your super. Now I'm not a financial planner. I'm not giving any advice here but I know this is a strategy that you could talk to your financial planner about or you could ask me about the right planner to talk to about this strategy. You can roll over a significant amount of money if you're super in a certain position, tax-free for income tax-free and capital gains tax-free, future gains in your super. So you know there's some good conversations. This is all strategy gang. This is all strategy as your go so and it takes time to let this strategy mature. It's certainly not something that's gonna sort of all play out in 12 months. These strategies are good chunky wealth strategies that you have to have a bit of runway a few years in advance locked away to make sure you get there. Chuck Kilz asked about a good accountant and financial planner might all have got an excellent financial planner in Melbourne. Send me a DM. His name is Andy Fenton. He is amazing. He is awesome. I can connect you with him. I don't have an accountant contact in Melbourne, for you might but I've got them in Sydney, Brisbane and the Gold Coast, if you don't mind. So I DM me Chuck Kilz and I'll hook you up with the details might. Oh good. All right gang hopefully that makes sense today. Thanks for the shout out. Whoever did that one yesterday about the PPR Upgrade Strategy. I'm always happy to dive a little bit deeper in our morning coffee chats about explaining some of this stuff in a little bit more detail. Obviously this is strategy but implementation down to the nuts and bolts tactical, guys you gotta have the right people to help you execute this stuff. Okay don't try and do this by yourself because there's a lot of moving parts to get right The idea is a big idea. We call it a clouds idea and to get it right you've gotta get down into the dirt and make sure everything's lined up, all the nuts and bolts are sorted. You know your coach, your financial planner and your accountant should be part of this type of strategy conversation. Okay? You'll property coach. If it's property, listen I've said this a million times accountants and financial planners, aren't property experts. You need a property coach to lead you with these types of decisions but the execution, the implementation of the nuts and bolts of the strategy, a good accountant and a good financial planner who are pro property, who believe in property, who support property who don't wanna then confuse you is vitally important. So there you got, I know again that's it. Coffee and a chat done. It is what's day Thursday, I think it's Thursday. I'm a little bit disorientated but have a great Thursday. Join me again tomorrow, Friday coffee and a chat. If you haven't already. Another little shameless plug about my podcast. It got launched on Tuesday, the first episode. So if you haven't already, download my podcast called The Wealth Faculty and have a listen. It's the kickoff of me interviewing many many people about you know, what is true wealth to you or them and learning about the people that you're gonna need in your team for the future to create, you know significant, sustainable longterm wealth and health for your property portfolio. All right gang that's it for me signing off for another coffee and a chat. Thanks for dialing in everybody and have a great Friday. Wednesday, is it Wednesday or is it Thursday. It is Wednesday. You're right. Anyway oh good. See I told you all these aren't Thursday. Anyway join me tomorrow. Whatever day it is. All right gang. Take care and see you tomorrow. Thanks for joining. Bye bye.  

Hopefully the audio is coming through. Good morning team, good morning gang. See how we're going here. While all your all Facebook Live is warming up. Did a quick intro, morning everybody. Jason Whitton here. Morning Allison, this one's for you today. Yes, Happy Friyay, Friyay indeed. Love a good Friday. It's a fun day. Hang out with the kids tonight. It's pizza night tonight at my house. Pizza and a movie night. Hey, quick intro is Jason Whitton's my name for those who are joining, morning Megan, for the first time, welcome along. Those coming back, welcome back. Been property investing 20 years, coaching property investors across Australia and New Zealand. I have the right team. Actually, it was interesting. Just pull some figures the other day about how many property deals we've helped people do. In our system, it shows that we've helped people purchase 10,137 properties over 18 years. I'll say that again. 10,137 properties over 18 years. Pretty bloody cool. Pretty bloody cool. So yeah, that's pretty sweet. I love that. So anyway, again, good morning. Morning Philippa, morning Nicole, Alex. Great to see all you guys here. So today I was going to do a little bit of coffee and a chat about furniture. Allison asked yesterday is it worth putting furniture in a property, and positives and negatives to that? So let's talk it through, furniture packs. Listen, I'm a big fan of furniture packages because for me in the past they have been, I have been able to rent my properties for another, it's often between 15 and 30% more, depending on the time length that you rent those properties for. Let me sort of explain better. So a good furniture package, not a rubbish furniture package, is pretty, pretty important. You need to make sure you speak to your property manager if you're going to put a furniture pack in any property. And they number one, the property manager needs to be experienced in letting furnished properties. And number two, you need to ask that property manager, what would you furnish? All right, don't go over the top. Don't under furnish, don't over furnish. Have a chat to a property manager about the furniture that you need to put in there. And often, it's the big pieces of furniture that you need to put in there. Fridges, dryers, washing machines, microwaves, beds, et cetera, et cetera because there is a little bit of a trend with the sort of the 20s to 30-somethings of they like to be very mobile, and they like to try out lots of different places and areas for living. So their lifestyle, they like to try them out. And so if they only have to come with some suitcases, like they're moving into a university dorm, and they're sharing with friends, making that easier, is actually quite rewarding for you as a property investor. So the answer is yes, I love furniture packs. I love furniture packs in the right location, in the right property. Now for me, I've found the right location and the right property have been properties close to the CBD, properties close to where multiple people will want to share that apartment together, two or three people together sharing a property because those people they don't take usually move around with lots of furniture in tow. The location of that property that has been very successful in furnishing. I've got some fantastic properties in Brisbane and Melbourne furnished, renting off their chops. But they're close to the city. They appeal to young mobile, white collar workers let's say, or students who are studying or a combination or whatever it is. Very good, I love them. It's fantastic. And like I said, anywhere between 15 to 30% increase in your income. And another advantage of a furniture pack is that you get to write off the value of the furniture literally within two years, like depreciation is massive. It's fantastic, and I love it. I've even in the past, don't tell anyone this, statute of limitations has passed, I think. Even in the past I have gotten furniture off the side of the road, I don't know does anyone live in Sydney? And their throw out days? The throw out days are amazing in Sydney. I used to drive around, I used to live in a suburb called Wahroonga in Sydney, and Wahroonga is a very flat place. And I used to drive around Wahroonga in my old car. And I used to pick up furniture that was amazing that people were throwing out from their mansions, and I would grab the furniture. My wife was so embarrassed. She was like so embarrassed, she'd hide in the car. She wouldn't come driving with me. And I grabbed the furniture, and then I would go and put it in my investment properties and I'd depreciate it. So I'd get free furniture then I'd get tax deductions. How's that? Crazy. So gang, listen. Throw out days are so good. I take my kids dumpster diving and throw out days still to this day and just teach them about recycling. We actually built, our family, just built a whole, we've got a little farm down south, 100 acres. And we built our whole little cabin down there out of fully recycled scavenged materials. And it was awesome. It reminded me of my childhood days when I used to live in a small town, there was no hardware store, no nothing. And you used to have to, the only way you can have stuff to fix things that broke was to go to the rubbish dump. This is a true story, this is not bullshit. We had to go to the rubbish dump and find old stuff, and get the old stuff, and either cut it apart or re-weld it together, or old thrown out stuff from other people, we would grab, and then we would fix broken things because we didn't have a hardware store. The closest hardware store was two hours away. And we only went to town once every fortnight. So there you go. Anyway, I think I've gone off track. This was meant to be about furniture. So I'm a big fan of furnishing properties in the right location. Big fan. Let's talk about the downside of furnishing. The downside of furnishing is this, number one, yeah exactly, Nicole, with the bikes. The downside of furnishing is this, number one. It's going to cost you cash money from somewhere. You can't include it in the price of the property. You can't borrow it. You can take it out of your equity, out of your home, or something you redraw, but it's probably going to cost you between 15 and $25,000 to furnish something very nicely. So don't skimp on it. So it is going to cost you money and you can't borrow that money technically, as part of the purchase price of the property. Number two, it does take, I wouldn't call it a specialist specialist, but it does take an experienced property manager to let that type of property. So not every property manager is capable of letting a furnished property. It's just not their skillset or not their experience. So make sure you get the right agent who understands, who they're letting those properties to, and how to get them let. That's important because often if you make it difficult for an agent, your property won't rent, or you won't get the highest income for it. And you're like, why, what happened? Because one of the agent around the corner, et cetera, et cetera. So there you go. And number three, probably the one that is kind of the downside, which is annoying, what happens when you can't furnish it, and then you want to turn it back to long term unfurnished rental? Well, you've either got to sell the furniture or you got to store it somewhere. And then you kind of, then it's kind of counterproductive. You go and store it somewhere for 15, 20, 50 bucks a month and now it starts to eat into your cashflow. So there's some upside. I love the upside. I don't have any issues with storage if I need to because I can just chuck it at my farm, but a lot of people don't have that choice. We're storing stuff for a furnished property. Absolutely, Allison, chat to the Aria team about letting a furnished apartment. Now often, a three to six month letting cycle for a furnished apartment gives you that optimal high cashflow. So six month kind of gives people the chance to get in and get out. So but you've got to make sure that that works for you as a property owner. So I sort of try and aim between the six and 12 month. I had a long term tenant up in one of my Brisbane ones. It was a doctor, they were on to the hospital and it was a nice one bedder furnished apartment, they loved it. And they just did it a full 12 month lease fully furnished, which was awesome. So you never know. They can be a little bit lumpy for letting, so they can be vacant for a little bit longer. So just to understand that, gang, as we go. Yeah, Brahman, I reckon. I reckon you'd be in for a good improvement in your rent in the Windsor, for sure. So reach out to the Richardson ranch team in Brizzy, and talk to them about it, Brahman, because it's close to the hospital, that's like the biggest hospital in Brisbane. And professionals, nurses, doctors, all sorts of even, yeah even people staying at the hospital, et cetera, et cetera, with people who are sick, they need somewhere to stay as well sometimes. So and I'm not talking about Airbnb gang, I'm not talking about short term Airbnb letting, I'm talking about regular residential letting, but with furniture. Because I think that is kind of the sweet spot for those who don't like the sort of the up and down risk of something like Airbnb, and the high intensity of really short term letting, like two or three days at a time. So by and large, I'm a big fan of it, but don't underestimate the downside. It can be a bit annoying, be prepared for that as you go, and have a good chat to your property manager whether it's going to be right for you. So I think that made sense this morning, hope it did, gang. A good conversation. Carolyn, I would say Bellbird Park is too far out. It is a bit far away. Yeah and listen, Matt brings up a really good point there, he put a fridge, a washer, and a dryer in. Now sometimes it's not like the whole house, sometimes it's just a couple of bits. You bring up an excellent point, Matt. I used to do just put in a washing machine and a microwave oven, microwave, and charge an extra 10 bucks. So there you go, gang, and you get good depreciation. So great chat this morning. This is the nuance. Imagine earning an extra 20, $30 a week for your property. You get the depreciation 100% deductible all the way back, the whole thing, 100% deductible within two years. And away you go, yes. Roman, that is one of those little extra excellent ways of using your property for self-use, as well as getting some income going on then. Sam and I used to do that on one of our properties up in Brisbane. But then the body corporate said we couldn't do short term letting anymore, as in like three nights and four nights at a time. But yeah, that's a good one, absolutely, you can do that for sure. There you go. Anyway, gang, hopefully that makes sense. For all of those of you who are in mentoring, reach out to your coaches and have a bit of a chat about just talking through the strategy, making sure you do the numbers, and get it right. If you're not in mentoring, if you don't have a coach, well, you need one. And that's what we do. So if you need some coaching, you need some support, you need some help, then reach out. Send me a direct message here if you want. I'm happy to help you, happy to have a chat about what it might take to get some coaching, and really take your investing to the next level. A bit of a shout out, gang, for tonight, wine and wisdom is on tonight. We've renamed it, wealth, wine, and wisdom, just so you guys know we've added an extra w, rounded it out a bit. So join us again tonight, myself and Andy Fenton talking all things property and all things, stock market, the two behemoths collide, and we're debriefing the week. We meet every Friday, four o'clock Queensland time, five o'clock everywhere else. And I don't know about SA and WA, but you guys can work it out. Join us for wine and wisdom. We debrief the whole week, the marketplaces, and make sure we're all keeping an eye on things, and have a good chat and a bit of a yam. So all good, gang. That's it from me, coffee and a chat, done and dusted. Have an awesome weekend. And join me again on Monday next week for another coffee and a chat roundabout eight o'clock. All right, gang, hope you're all well. Have an awesome one. Join me tonight, four o'clock, five o'clock, wine and wisdom if you're there. All right, adios, bye.  

Hi, good morning everyone, dialing in for a "Coffee and a Chat." Just getting up to my office, show you guys a bit of a tour if you want while I'm getting myself ready for our "Coffee and a Chat" this morning. I don't know, I don't know if you can see in the background there, that's my office. I live in my office about 100 meters from the house which is pretty cool, which is always awesome. Nice to have a bit of room. Hi, so thanks for joining us. If you guys jumping on now, which is cool. Before we get going, always do the intros for those who are joining me for the first time, joining us for the first time. Jason Whitton is my name been property investing, over 20 years and a coaching property investors across Australia and New Zealand with my business partner Sam and my partner and business partner Shay. For 18 years at Positive Real Estate. So, hey listen, good question from yesterday in the chat, someone said, "Hey, listen Jason, is this off the plan thing, safe?" Is off the plan safe? So I thought, I'd talk about that today. I thought I'd have a bit of a chat and say, you know answer that question. 'Cause it's a good question, is off the plan safe? I like off the plan as a strategy personally, it's worked extremely well for me over the years and... Morning, Heidi, morning Raj , Dane's there, Alison morning, I do walk to work Alison. Yep, I get my fitness every time I need something, I'm gonna walk back to the house, which is cool. But I live on a nice spot, live on an acre. I've been working from home for 15 years, which has been cool. So for me, working from home is pretty good. But listen, good question from yesterday, someone asked is off the plan safe? Now off the plan is absolutely perfectly safe. No, no safer, nor more dangerous than any other acquisition strategy. And let me talk you through the strategies that we talk about and we coach too as property investors at Positive and the strategies we've used ourselves. So there's six strategies or types of deals you can do when it comes to buying some residential real estate. Number one, an easy type of strategy for an acquisition strategy is a discount or rebate strategy. So it's pretty straightforward, the property is on the market for 500, you buy it for 450. That's a way you can, as the purchaser acquire the property in a way that can help you create equity, create cash, get a discount, improve your rents and so on. So discount or rebate, we love that one positive. We've done literally thousands of those types of deals over the years, discount love it. The next one a lot of people talk about is a renovation type deal. So buy a property, house, apartment, townhouse, don't care, add some value right? Renovate it, fix it up, small renovation, large renovation. If the renovation is large I would say it's getting towards a development. And I wouldn't call that, something simple. You know if you're adding bedrooms, you're knocking down half the house that's a small development. So we've got discount, rebate, we've got renovation. The next two are ways to add value. And I've done a fair few of these myself over the years. And it's almost like a progression of value adding or ways to do a deal in property investing like sort of one to six here. One is called the strata, okay, so you either buy an existing property. And this is often where there's existing apartments or townhouses all in one title, you know, two, three, four, I've done a strata titling very successfully. Over the years, my largest strata was 15 apartments. I bought 15 apartments in Sydney, I renovated and strated them, they were all on one title so the gentleman who actually owned them or selling them built them himself actually 20 years before. And I purchased them all in one title. I renovated, I strated, chop them up and then onsell them for a very nice profit. So that strata titling. Subdivision is another way to add some value. So subdividing, you know, a big piece of land. It, complies with council measurements and you can chop it up. I've done a fair few of those, and they're really good too. I quite like them, these deals like strata and subdivision require a significant amount, more capital and they require the council to be involved heavily in your deal. And I wouldn't call them beginner deals. I wouldn't call them you know, easy deals, but they are profitable if you buy the right one and you understand how to do it. But I would... If you're within your first three to four properties in your investment portfolio these types of deals are not for you, okay. That's my position anyway, you need a nice solid bind hold wealth based first. Morning Diane. And then you can get onto more interesting deals. The next type of deal is off the plan, okay. And I'll leave off the plan to last. The next type of add value way to do a deal is a full-blown development from scratch. And you buy a piece of land and you can develop it into apartments, townhouses, or even a large subdivision. I do a couple of those a year. They cost way more money and they've got way more risk. And certainly not for the faint hearted. I'll tell you guys a few stories about that maybe in the coming weeks, I'll chuck a couple of stories in my morning, coffee chats about a few of those disasters that I've experienced in my life. Learn some lessons, very good quality, high value lessons, high cost lessons. But the question was is off the plan safe? And the answer is absolutely, what's not safe often are people. Let me just put it that way, all right. The deal is fine, but let me talk through off the plan, the positives and the negatives, okay. Off the plan, if anyone listening in doesn't really understand what it means, it is purchasing a property and 95% of the off the plan purchasing comes from apartments or townhouses where you put a deposit down today, a 10% deposit, you agree on a price today. You have a set of plans and some drawings and some photos. And the developer says "I'm gonna build something like that." And you're like "Good, I like the spot, I like the drawings and the design that you've done, here's my deposit. When you finish it Mr. Developer, Mrs. Developer, I'll pay the rest." Okay so off the plan, I like off the plan because of those things. Now the upside is, for 10% let's say $60,000 as a deposit you can control awesome, amazing pieces of real estate. And there's no more to pay for, let's say two years or three years off the plan. Your piece of real estate can be in a location. Let's say right now, I've got a piece of off the plan property coming up, that our investors will be taking a look at in Brisbane . It's coming up very soon, we're launching it to our, all of our members, all of our mentoring members very soon. And I'll talk you through it, like why I think that deal will be absolutely bomber right? So it's very close to the CBD, two and a half kilometers from the CBD. It's perched up on a cliff, It looks at the city with views, never to be built out. It looks down that way to the river, It looks down that way to the river in Brisbane. Absolutely spot on location and spot on suburb. The developer, so the location is good. The developer is extremely safe, the developer has one development of the year, building of the year, the design of the year, six out of the seven years in the last seven years in Queensland, okay. And then has gone on to win other awards nationally as well. So big tick boom, the developer.. Morning Simone, The developer is fully funded and has some significant resources to complete the deal and does not need secondary or third level finance or funding from untrusted finance and funding sources, okay. So you know, how do we check in on is an off the plan safe? That type of off the plan is awesome, I would expect that my deposit will work hard in the off the plan process. If I put my deposit down $60,000 for two years my deposit and the value of that property will either stay at the same price or potentially go up, okay. I think that mine will go up. I did one in Melbourne just recently in Collingwood. It's settled late last year. And the value went up, you know, $40,000 in the timeframe. And another one I did in Canberra, they both went up in value in the after plan, after plan timeframe. Okay, I put my deposit down and the values in the area rose in the meantime. How can off the plan be unsafe? Okay, well here's how often plan can be unsafe but really it's not the off the plan that's unsafe. It's you as the person that are unsafe to do the deal. Okay, so let me say what that means. Number one, you buy an off the plan property and you choose a poor one or something happens in the market place and it goes down 10% in value. Or the valuer, valuing the property, doesn't want to value it at what you paid for it, or you agreed to pay for it. You've either paid too much, or the value is a wanka. It's probably nine out of ten, the value is being a wanka. Sometimes you'll just pay too much because you didn't know, you didn't get any help, you didn't get any assistance and so on, okay. So you arrive at the time, you have to settle that property for an off the plan and you think, oh I've already put my 10% in, I've got a 90% loan, I'm fine. Hang on now the value it says it's worth 50 grand less and you have to put another $50,000 into the deal to settle it and you don't have the 50,000. So that's what can happen with off the plan. You can arrive when you think you need to settle it and you can't because the lending and the valuation doesn't agree with what you thought it was going to be. So that's where it can be a problem or an issue but what you make... What you gotta make sure you do is make sure you understand who the developers are. You check out their previous projects, you make sure they're fully funded, they're gonna deliver the project on time, et cetera, et cetera, okay. So that can be an external evaluation issue for you. The other one, you lose your job, something happens in your life. Two years is a fairly long time, you might lose your job. You might separate from a partner and let's say, you know, you both agreed you were gonna buy it together, 'cause that's how you could afford it. And then you're now single, your life circumstances change. So that's how often plan can be a little bit dodgy into the future. If your life circumstances are uncertain, okay so you have to be certain that you know, pretty well from where you are today. It's either going to be the same or improve by the time you get to the off the plan settlement. Which is, important, so that's for you. The other one is the quality of the developer. It's called the render to reality, okay. Now it happens in every, every state of Australia. There are good quality developers, we call them brand developers. They have a brand, they have a reputation in the market, which is important to them. And then there are developers that have no brand, no name. You don't even know who the person is building that property. You've never met them, you can't find them in LinkedIn. You can't... They don't have a company, there's no website. That is a no brand developer. And hear me when I say this you guys, there is no, there is zero reason ever to purchase from a no brand developer off the plan, okay. That is when you will get in trouble. That is when that person has nothing, nothing, nothing to lose by delaying, by not paying, by not delivering on what they said was in the brochure because the prices went up, et cetera. And that is where the danger is, It is when you think off the plan that one's 50 grand cheaper. Why would I buy the one that Jason's talking about? When this one over the roads, 50 grand cheaper. Oh my God, It looks exactly the same in the brochure. And that's when you get caught because most people shop on price and not on value, on true value. Price is irrelevant, If it doesn't deliver when it comes down to it, okay. So just make sure you understand what that means. That's why I believe if you ever want to do off the plan, off the plan in a group like we do, we call it co-op buying. We are a co-op and we purchase in bulk in a group 5 or 10 or 15 or 20 from a developer as a group of people that developer must behave, there's 20 of us. And if they don't deliver we will band together and give them a hard time. You by yourself, isolated alone, and that developer doesn't deliver you have got nothing to stand on unfortunately. So can can off the plan be unsafe? Absolutely, 100% It can. It's certainly not for people who don't understand real estate. That's why like buying a property today and... Like seeing a property today and buying it tomorrow is quite simple in comparison to off the plan. But off the plan can be super powerful, massively powerful. I love it, as a strategy, It is certainly a key strategy in good quality real estate around Australia, okay. Ashton just said here about rescinding contracts. Yup, and which is good so Ashton once you're in a contract that off the plan contract, and you've gone unconditional so you as the buyer, you cannot rescind the contract. You can't choose, "Listen, I don't want to do it anymore gang, thanks but no thanks." You're contractually bound to settle a property like you have to do it and you know irrelevant of your circumstances. You can apply, you know, on compassionate grounds let's say something went... Didn't go to plan, you know, you had some circumstances in your life. And I do know a number of really nice quality, good people developers who have let people out of contracts from time to time for genuine issues. But 99% of the time, it's like, well hang on. You know, you said you could pay for it two years ago. I trusted you, I went ahead and build this property. Now I've incurred all the costs, you need to settle it. So you can't get out, if you just change your mind Ashton. That's not how off the plan works. So you have to be certain, to go the distance guys. On the flip side, which is a little bit annoying which is kind of hypocritical when you think about it. But you know, the developer is in the driver's seat not you, they can via a mechanism in an off the plan contract called the sunset clause. The sunset clause rescind the contract, if it goes on too long. So the developer can rescind the contract. Yep, there you go I've seen you asked it there and depending on how the contract's written Ashton you could cancel it or the developer could cancel it, so check in on that one mate, as you go. Certainly once the sunset clause is passed kind of the gloves are off, which is fair enough. You know, maybe something goes wrong, maybe COVID hits you know, in Melbourne it's gonna cost more for that developer to build that property now. And they kind of like... It's gotta make a loss, so they can't go ahead and build it. So there are genuine issues in that process as you go. Melinda asks, what about off the plane in Melbourne gentrifying areas right now? Absolutely Melinda, and we love this. At positive and Sam my business partner has written books about it. He talks about it at universities, the gentrifying areas. And we use the off the plan strategy in the gentrifying areas, right now we all know, we all know that Melbourne is having a bit of a tough time when it comes to COVID right now but it's not gonna be that way forever. And, you know, Melbourne will come strong. It's an amazing city, It's a beautiful amazing place to live. It's got huge amounts going for economically beautiful city. So, you know, if you're concerned about buying a property physical property today in Melbourne, then off the plan is a fantastic strategy. I'm doing off the plan in Melbourne right now. And my property is going to land in 2023, fantastic, right Right in the middle of when you know, the peak level of property shortage, the peak level of everyone back at work and jobs, the peak level of migration going to start and come in the peak level of vacancy rates being low. So I'm using off the plan as a bit of an opportunity to put my foot on a spot, being in control of a piece of real estate to land it at a time where I believe there will be little to no challenges or issues in the rental market. So, but if there is, you have to be prepared for getting that wrong and you have to be prepared to own that property for the long term into the future. And I am, and you know, Melinda, if you're thinking about that now 2022 is gonna be very good. I think it's perfect, but just make sure you grab a little, bit of extra maybe cash, buffer another five or 10 grand up your sleeve, just in case there's a little bit of wobbles, but you know, if the property's good and you're happy to own it for 15 or 20 years then the short-term stuff is just short term off. Off the plan is good, It's a good strategy. If it suits where you are, suits your financial, suits your emotional capacity and your mental capacity as a property investor. But certainly you've gotta check in those no brand, no name, nobody developers, silliest thing you could ever do, just because it's cheap. Cheap does not mean value when it comes to off the plan you guys. If you wanna get a deal, if you wanna get a good price deal, wait till it's complete. Wait till the whole thing's built and at Positive we do that all the time, our crew do it all the time. The last 5 or the last 10 the developer hasn't been able to sell off the plan, well we go in and bash them up and get a big discount. So wait till it's completely finalized. You can get a valuation today, you can get a discount today and you can settle a property tomorrow. And sometimes, sometimes those no name, no brand developers actually deliver a pretty good property. They built it so you can see it, they've built it so you can investigate it. And if they delivered on what they said they were going to do then perfectly fine. But I wouldn't put my money in the off the plan hope and pray strategy for the no brand, no name developer ever, ever that would be madness. Anyway, that was a good chat today gang. That's a good question, thanks for asking that one. I can't remember who asked it but I'll give them a shout out in the chat. So if you guys got any questions, chuck it in the chat, guys always happy to answer, have a conversation about these things, as we go the morning coffee and a chat, I quite enjoy sharing these experiences and ideas with you guys. So thanks for joining me a few online today which is awesome, but that's it for me, gang "Coffee and a Chat" and done and dusted. If, anyone wants to find out about our mentoring or our co-op group buying, or buying off the plan and you need some help or some assistance with that, give us a shout out. Track us down in our web page, track us down in our Facebook events. We do training events every week, or hit me up with a chat or a message. We can have a bit of a yard. Alison, we've got some amazing deals in Canberra. 7% yield, 360 K, they're pretty good actually. Only Canberra is our little winter, but give us a shout out, if you need some help you guys Alison, I can help you with that one buddy depending on where you wanna buy that's for sure, but hope you guys are good. Have an awesome day, it's Friyay. Tonight, Andy Fenton and myself are doing "Wine and Wisdom." We're gonna debrief the week, the whole week. What's in the news, the budget. It's a big one, it's an amazing one. We're gonna that tonight at 5:00 PM New South Wales time, 4:00 PM Queensland time. I think that's what we're doing anyway, as you go. So join us for that this morning gang, as you go... Ashton there you go, mate, yep the developer got a discount 5% off good work mate. My only thing Ashton with those sorts of things is be careful, if that developer is a no name, no brand, unidentified developer. You know even if you've got the discount, you know, maybe they've under priced it but mate just check in on it. Just letting you know what you've gotta check in mate, but a 5% discount awesome mate good job. That's more money in your pocket and that's the way to roll. So, all right gang if you're gonna join us tonight, join us at 4:00 PM Queensland time, 5:00 PM New South Wales and Victoria time. And for the other States I can never bloody remember. Alright guys, have a good one. Friyay, bye bye.  

Andy Fenton has experienced some incredible highs and some heartbreaking lows - in both business and in life. From putting together business deals worth hundreds of millions of dollars, to losing his wife to suicide, Andy shares his insights on life, wealth, family, work-life blend, finding your passion and so much more.    Importantly, if you or someone you know is struggling to cope there are people who care and are ready to listen. Call Lifeline on 13 11 14 or visit www.lifeline.org.au. Children aged between 5 and 25 can call the Kids Helpline on 1800 55 18 00 or visit http://www.kidshelp.com.au.   Andy and I also host Wealth, Wine and Wisdom each Friday which you can watch on Facebook or catch up with on your favourite podcast app. Just search for Wealth Wine And Wisdom.  After this episode, you can connect with Andy in a number of ways -  Website Facebook Instagram LinkedIn On this episode -    6:00 - Year 13 is not everything   14:59 - From Financial Utopia to Dystopia   31:03 - Warning Signals   42:06 - On Losing Loved Ones   49:43 - Finding Purpose   1:04:28 - On Doing What You Love   1:06:16 - On Feeling Broken and Love   1:08:48 - On resisting joy   1:14:24 - On Success Habits   1:16:29 - Andy's True Meaning of Wealth   If you've loved this episode, I would love it if you gave it a 5-star RATING in the Apple Podcasts app :) If you're feeling really generous, a review is always appreciated!   If you're yet to subscribe, you can do so on your favourite platform -   Spotify https://pre.fyi/twf-spotify   Apple https://pre.fyi/twf-apple   Google https://pre.fyi/twf-google   Youtube https://pre.fyi/twf-youtube   Take care,    Jason

  For years, parents of premature babies felt excluded from their infant’s care – in large part because they were. Recently, things have changed in many NICUs, thanks to an approach called Family Integrated Care. Jack Hourigan and her husband, Andy Fenton, were the first parents to take part in the program in Canada. Their daughter, Tess, arrived three months early. Today, Jack and Tess both work to advocate for preemies and parents. Jack joins host and fellow preemie mom, Jenna Morton, on this episode of With You in the NICU. With You in the NICU is a podcast for those that care for infants in a neonatal intensive care unit. The discussions are geared toward parents of preemies, but will resonate with anyone spending time beside a NICU isolette. With You in the NICU is a project of the Canadian Premature Babies Foundation, with funding from presenting sponsor Medela and support from AbbVie and Prolacta. The podcast's host and producer is Jenna Morton; technical producer is Tosh Taylor.

Andy Fenton asked about her recent success on the 'pop meets country' song "Meant to Be" with Florida Georgia Line. Had she expected it to be such a big hit?

Andy Fenton began by talking about the new album "Brighter Days" and how it seems like ages ago since it was first announced.......

Louis has had 2 Top 10 solo hits already and became a dad earlier in the year. Andy Fenton asked after a busy year, did he ever get any 'me' time?

Audio from a Lunchtime Chapel Service on Tuesday 21st February, where Revd Andy Fenton gave a talk on the theme of 'Go and do likewise' from Luke 10:25-37.