Show Notes
Welcome back to CEO Breakdown.John Saade is back with an update on his prediction that Sydney property could fall by up to 20 percent.One week after calling it, the headlines are starting to catch up.In this episode, John breaks down reports of Sydney house prices tracking toward one of the biggest corrections in decades, why buyer confidence has fallen, why sellers are struggling at auction, and why another interest rate rise could put even more pressure on mortgage holders.But it is not all doom.John also explains why a falling market can create real opportunities for buyers who know what they are looking for, including one client who found a Bankstown property already discounted by $250,000.The episode also covers a huge Kiama property loss, the latest Bathla Group fallout, alleged off the books investor loans, the flow on effect for subcontractors, the government’s trust tax changes, and a few business owner lessons from viral videos on staff motivation, superannuation and scaling a team.This episode covers:Sydney property price fallsJohn’s 20 percent property drop predictionThe biggest correction in 40 yearsWhy auctions are strugglingWhy buyers have more power right nowHow to find a bargain in a falling marketThe Kiama property that lost over $2 millionInterest rate rise warningMortgage stress and the negative wealth effectBathla Group and private credit riskSubcontractors and unpaid buildersThe new trust tax concessionWhy discretionary trusts may lose their purposeStaff motivation and business incentivesWhy company directors must pay their own superPeople and processes in a growing businessIf you disagree with John’s property prediction, drop your thoughts in the comments.Need an accountant?GET A FREE CONSULTATION FOR ALL ABN HOLDERShttps://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwOUR SERVICEShttps://latitudeaccountants.com.au/accounting-services/[email protected]://www.tiktok.com/@latitudeaccountantsInstagramhttps://www.instagram.com/latitudeaccountants/YouTubehttps://www.youtube.com/@LatitudeAccountantsLinkedInhttps://www.linkedin.com/company/latitude-accountants/Facebookhttps://www.facebook.com/latitudeaccountants/Websitehttps://latitudeaccountants.com.au/This content is general information only and does not constitute financial, legal, tax, property or business advice. Speak with a qualified adviser about your own circumstances.
More from The Lat Chat
Every Australian capital city has just fallen at the same time for the first time in 15 years, and some of the latest housing data is getting ugly.
ASIC MoneySmart has plenty of advice on how Australians should budget, save and manage their money. But how realistic is it when you actually try to follow it?
In this episode of The Account Rant, John Saade sits down with Bethany Parker, a national bench press champion, two time world powerlifting champion and John’s own powerlifting coach, to break down some of the most controversial techniques and rules in the sport.
Running your business through a company can be a great structure, but using that company incorrectly can create tax problems you never expected.In this video, Jacob Fahmy breaks down five of the biggest tax mistakes he sees company owners make, including treating company money like personal money, paying super late, buying vehicles through the company without considering FBT, ignoring ATO lodgements and leaving tax planning until after the financial year has ended.Jacob explains how Division 7A can apply when company money is taken personally, why unpaid super can create additional costs and director consequences, and why putting a car through the company does not automatically make it a good tax strategy.He also explains why lodging your BAS on time matters even when the company cannot immediately pay the debt, and why proper tax planning needs to happen before 30 June while there are still decisions available to you.The key takeaway is simple: having a company does not automatically mean you have a good tax structure. You still need to understand how money comes out of the company, when your obligations are due and the tax consequences of the decisions you make.Need an accountant?GET A FREE CONSULTATION FOR ALL ABN HOLDERShttps://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwOUR SERVICEShttps://latitudeaccountants.com.au/accounting-services/[email protected]://www.tiktok.com/@latitudeaccountantsInstagramhttps://www.instagram.com/latitudeaccountants/YouTubehttps://www.youtube.com/@LatitudeAccountantsLinkedInhttps://www.linkedin.com/company/latitude-accountants/Facebookhttps://www.facebook.com/latitudeaccountants/Websitehttps://latitudeaccountants.com.au/This content is general information only and does not constitute financial, tax, accounting, legal, property or business advice. Speak with a qualified adviser about your own circumstances.#CompanyTax #Division7A #FBT #ATO #BusinessTax #TaxTips #Accountant #LatitudeAccountantsChapters00:00 5 Company Tax Mistakes00:42 Mistake 1: Treating Company Money as Your Own03:02 Mistake 2: Paying Super Late04:52 Mistake 3: Putting Your Car in the Company07:12 Mistake 4: Ignoring ATO Lodgements09:00 Mistake 5: Not Tax Planning10:49 How to Avoid These Tax Problems11:38 What’s Coming Next
Sydney’s property downturn is showing more signs of stress, with auction clearance rates falling sharply, sellers discounting, borrowing capacity tightening and unemployment moving higher.