About this episode

The episode discusses how changes in tax laws are altering traditional wealth-building strategies in Australia.

For decades, the path to building wealth in Australia seemed relatively straightforward: buy your home, purchase an investment property, use negative gearing to help manage the cost, and eventually focus more heavily on superannuation. But with changes to negative gearing, capital gains tax and investment structures on the horizon, that traditional strategy is becoming much harder to follow—especially for Australians starting from scratch. So what does financial advice look like now? In this episode, James Wrigley from First Financial joins Veronica and Chris to unpack how the new tax environment is changing the way Australians build wealth. James explains why some clients in their 40s are now being encouraged to put substantially more money into superannuation than they would have previously, while still maintaining money outside super for flexibility. The conversation goes well beyond property. We explore what higher capital gains tax means for shares and ETFs, why automatically rebalancing funds can create additional capital gains, how the proposed changes could affect family trusts and bucket companies, and why some investors may eventually move towards investment company…

People in this episode

Host: Chris Bates

Guest: James Wrigley

Topics covered

• wealth building
• negative gearing
• superannuation
• capital gains tax
• investment strategies
• property market
• financial advice

Keywords

• wealth building
• negative gearing
• superannuation
• capital gains tax
• investment strategies
• First Home Super Saver Scheme
• property investment

Mentioned in this episode

Organizations: First Financial

More episodes of The Elephant In The Room Property Podcast | Inside Australian Real Estate

• Andrew Bragg: Will Taxing Investors Make Housing Affordable? · August 30, 2026 · 47 min
• Should Investors Rethink Buy-and-Hold Investing? · August 23, 2026 · 56 min
• Buyers Agents Are Everywhere—But Who’s Actually Good? · August 16, 2026 · 52 min
• Selling in a Slow Market? Strategy Matters More Than Ever · August 9, 2026 · 59 min
• Will Investors Really Shift to New Builds? · August 2, 2026 · 48 min
• Can We Fix Housing Without Hurting Investors? · July 26, 2026 · 1h 4m

Explore listener stats, chart rankings, contacts and more on the The Elephant In The Room Property Podcast | Inside Australian Real Estate podcast page.