Is Australia doomed? Plus, CSL is close to a buy

May 15
1h 4m

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Episode Description

In this week’s 2 Sense, Owen and Drew tackle a bigger question than one stock or one budget line item: is Australia getting worse at creating wealth?

Rask Wealth Checker: https://rask.au/wealth-checker

That opens a sharp conversation about tax chatter, policy drift and why uncertainty can make it harder for founders, investors and workers to build long-term value. The episode also revisits CSL, touches on private credit noise, and asks what matters when headlines get louder than fundamentals.

It is a useful reminder that great businesses can still be overhyped, and that policy settings can shape how willing people are to build, invest and take risk.

The listener question is a beauty: how do you value a private business? Owen and Drew explain why valuation is part maths, part judgement. They unpack EBITDA multiples, growth, repeatability, owner dependence and why what a business is worth to you can differ from what a buyer will pay.

If you want practical market commentary with a founder’s lens, this one delivers.


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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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