Fat Profits Podcast - Property, Finance & More

This week Corey Goldby and Ben Perren sit down with Sam Panetta, a broker coach known across social media for his relentless content output and his family first approach to business. Sam walks through his path from a big, close knit Italian family to building and eventually selling a mortgage broking business, and gets candid about the identity crisis that hit once the deal was done and his phone stopped ringing. Along the way he unpacks why he set out to do more marketing than his entire industry combined, what actually makes a business sellable rather than just profitable...

This week Corey and Ben head out to Lorne to sit down with Mark Hornshaw, who lives there growing native bushfoods with his family. Mark is an economist with 15 years of university teaching experience, was elected to Port Macquarie-Hastings Council in 2024, and has run businesses in telecommunications and food service.

Mark's top rated course, The Economic Way of Thinking, comes with lifetime access for $54.99 using code FATPROFITS at checkout, valid if you sign up by 11 October. https://www.udemy.com/course/the-economic-way-of-thinking/?couponCode=FATPROFITS

Follow Mark:

https://www.facebook.com/MarkHornshawLibertarian<...

This week on Fat Profits Headlines, Corey breaks down the numbers governments would rather you didn't add up. A 2002 intergenerational report projection is now $14,500 off track, and Treasury's own productivity assumptions are quietly falling apart. The RBA has walked away from its "narrow path" and openly admitted inflation now comes before jobs, with a fourth rate rise this year almost locked in. There's a $165 billion COVID-era debt bill about to be refinanced at higher rates, a trust tax fight that has family businesses furious, and PEXA's grip on property settlements facing a fresh parliamentary inquiry. Corey also looks at...

Corey and Ben are joined by Oliver Robinson, founder of Ronan Building in Newcastle/Lake Macquarie, to talk modular homes, the trades shortage, and why the government's $10 billion housing fund has only delivered a fraction of the homes promised. Oliver breaks down what it actually costs to build in Australia today, why builder margins are wafer-thin, his take on Senator Andrew Bragg's plan to slash the building code, and why we desperately need more people in the trades.

Timestamps

00:00 Intro – Welcome Ollie Robinson from Ronan Building

00:54 Big Prediction – Will Modular Homes Hit...

This week on Fat Profits Headlines, we go deep on the Bathla builder collapse now confirmed at $3.4 billion in debt owed to over 3,000 creditors, and what it means when billionaire lenders start taking direct control of stalled projects. We also cover CBA's public fight with Macquarie over bank capital rules and the $18 billion gap at the centre of it, a former RBA board member revealing just how split the last decade of rate decisions really was, and One Nation's detailed immigration policy that's rattled both major parties and pushed its primary vote ahead of Labor's. On top of that...

In this episode of Fat Profits, Corey and Ben sit down with Justin Picker from Picker Financial.

Justin opens up about his own journey from a $180K first property in Logan to a 30-property, $20 million portfolio, what he'd do differently starting from scratch today, and the lessons from jumping into his first commercial property purchase. Plus the usual chat on football, dodgy AFL tickets, and this week's imaginary sponsor.

Timestamps

00:00 Intro – Justin Picker

00:57 Big Prediction

05:47 Headline of the Day

16:16 Quickfire Likes & Dislikes with Justin Picker

We'll break down a week with a genuine bombshell number in it. Cotality's head of research now says Sydney is headed for its biggest property correction in 40 years, with 93% of capital city suburbs recording a fall over winter. He unpacks CBA's downgraded forecast, the property council's clash with government over what it's calling a "ram raid" on prices, and a fourth budget backdown on the discretionary trust tax. He also flags a $4.5 billion hidden valuation bill hitting property investors ahead of 2027's CGT changes, One Nation's new superannuation policy, the ATO's push to recover $115 billion in unpaid debt, Westpac's...

In part two of this Fat Profits sit-down, Corey and Ben continue the conversation with Arjun Paliwal, founder of InvestorKit, digging into the backlash over Barefoot Investor Scott Pape's "investor welfare" comments and what the stats actually say about who benefits from negative gearing.

Arjun breaks down how InvestorKit has grown into a $2 billion property-buying operation, why chasing someone else's portfolio size is a losing game, and the simple rules — consistency over hype — that have kept him buying property every year since 2015. They also get into yield versus growth, knowing when you've built enough to retire, and a bi...

Corey unpacks the biggest week yet for Australian property and finance — starting with the collapse of Bathla, a major Sydney developer that owed over $3.5 billion and left 26,000 homes in limbo across 219 projects. He breaks down how the fallout is rattling the private credit sector, with major funds freezing redemptions and regulators calling it the industry's first real stress test. He also covers a hotter-than-expected inflation print that's flipped rate-cut hopes into rate-hike fears, new data showing why Australia's housing pipeline keeps falling further behind target, why the RBA may be structurally unable to rescue the property market this cycle, an...

In this episode of Fat Profits, Corey sits down with Arjun Paliwal, founder of InvestorKit, to unpack the SMSF data scandal that's rocked property investing, where government figures on self-managed super lending turned out to be four times higher than first reported. They dig into what that means for future policy, why self-managed super could be one of the best tools for avoiding the pension, and how young Australians can use property inside their super to build long-term wealth. Arjun also breaks down why crushing property transaction volume has ripple effects across the entire economy, not just real estate...

Corey breaks down some of the biggest financial issues facing Australians right now, from Australia's federal debt hitting $1 trillion and rising government interest costs to falling mortgage applications, weaker lending activity and the growing pressure on renters. He also looks at why more Australian property investors are turning their attention to New Zealand,

why wages are failing to keep pace with inflation, and the growing political debate around Australia's $4.5 trillion superannuation system. Rather than simply covering the headlines, Corey looks at what the numbers actually mean, what's driving these changes, and what they could mean for property...

In this episode of Fat Profits, Corey and Jack Fouracre unpack some of the biggest changes hitting Australian property investors from tighter lending and SMSF restrictions to the risks of off-the-plan property.

They get into why some investors may be paying too much, how property spruikers make their money, and what could actually be done to bring down the cost of housing.

Jack also shares the story of his first property investments, including one that ultimately cost him $100,000 and the lessons he took from it.

Timestamps

In Episode 22 of Fat Profits, Corey and the team sit down with Tash Invests and Jack Fouracre in Cebu, Philippines, for a wide-ranging conversation about the future of Australian property, investing, taxes and the housing market.

The conversation explores whether rents could rise by more than 10%, why investor lending and sentiment are affecting rental supply, whether Australian property prices are likely to fall, and what the Federal Government's recent budget changes could mean for investors, first home buyers and renters.

Tash and Jack also share their thoughts on risk, building wealth, property investing...

Welcome to Episode 21 of the Fat Profits Podcast.

This week, Corey breaks down the biggest financial headlines affecting Australians right now—from soaring rents and fuel prices to interest rates, inflation and what the latest government policies could mean for property investors and everyday households. Rather than focusing on the headlines alone, Corey explains what the numbers actually mean, why they're happening, and how Australians can make smarter financial decisions despite the uncertainty. If you're interested in property, investing, business or simply understanding what's happening in Australia's economy, this episode is for you.

Welcome to Episode 20 of the Fat Profits Podcast.

In this episode, Corey and Ben unpack one of Australia's biggest financial debates: is the middle class disappearing? The conversation begins by reacting to a viral social media clip about wealth inequality before diving into what really creates wealth, whether the financial system is as "rigged" as some claim, and why building long-term financial security still comes down to discipline, ownership and consistency.

Corey also shares his experience of building multiple businesses from the ground up, the financial and emotional pressures of running...

Welcome to Episode 19 of the Fat Profits Podcast.

In this episode, Corey and Ben are joined by property investor and client Aaron, who shares how he built a portfolio of five property purchases before turning 30 and accumulated approximately $1.4 million in equity through disciplined investing, smart financial decisions and long-term thinking.

Aaron opens up about the sacrifices he made in his early 20s, why he prioritised investing over lifestyle spending, the lessons he's learned from building a property portfolio, and why he believes wealth is about creating freedom rather than chasing status. The conversation...

In Episode 18 of Fat Profits, Corey and Ben sit down with award-winning buyer's agent and property investor Kev Tran to discuss the current state of Australia's economy, property market and tax system.

The conversation explores whether Australia is still rewarding hard work and entrepreneurship, the impact of proposed tax policies including Capital Gains Tax (CGT) and negative gearing, the future of property investing, SMSF lending, and what the next decade could look like for Australian investors. Kev also shares his journey to building one of Australia's leading buyer's agencies, why buyer's agents continue to grow...

In Episode 17 of Fat Profits, Corey and Ben sit down with Julian Fayad, CEO of LoanOptions.ai, to discuss the viral "Albo 47%" campaign that sparked a national conversation around the Federal Government's proposed Capital Gains Tax (CGT) changes.

Julian shares the story behind the campaign, why he believes the proposed tax changes will impact everyday Australians, and why he's chosen to publicly speak out on behalf of business owners, investors and families. The conversation explores entrepreneurship, building one of Australia's leading fintech businesses, the challenges of growing a company, and the importance of creating wealth...

In Episode 16 of Fat Profits, Corey and Ben explore whether the Australian Dream has changed and what home ownership looks like for Australians today.

With rising property prices, changing lifestyles and evolving investment strategies, is owning the family home still the ultimate goal, or are more Australians choosing a different path?

The conversation also covers proposed changes to negative gearing, whether those changes would actually encourage more new home builds, the growing popularity of rentvesting, and a headline-making story about a single mum purchasing property where the full story may not...

In this episode of Fat Profits, Corey and Ben take a deep dive into one of the most talked-about investment strategies in Australia – using a Self-Managed Super Fund (SMSF) to invest in property.

Whether you're considering purchasing property through your super or simply want to understand how SMSFs work, this episode breaks down the opportunities, risks, and common misconceptions surrounding this investment strategy.

We cover:

• What a Self-Managed Super Fund (SMSF) is • How property investing through an SMSF works • SMSF Success stories • Common mistakes people make when setting up an SMSF

In this episode of Fat Profits, Corey and Ben take a deep dive into what aggressive property investing looks like in 2026.

With lending policies changing, borrowing power tightening, and many investors feeling uncertain, we unpack where the opportunities still exist and how smart investors can position themselves for growth.

We cover:

• The biggest changes happening in the lending market

• Why cashflow matters more than ever

• The mistakes investors are making right now

• First-home buyer opportunities and risks

• How to think about debt, grow...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

If you're self-employed and the bank keeps saying no — the problem isn't your income. It's how you're presenting it. And chances are, your business structure is either helping you or destroying you, and you don't even know which one it is 😬

This is one of the most common issues Corey and Ben see — self-employed people earning great money but getting knocked back by lenders because their t...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

Most real estate agents tell you what you want to hear. Liam Cromarty tells you what you NEED to hear. And after 10+ years in Newcastle’s property market, what he has to say might change the way you buy, sell, and invest forever 🏠🔥 In this episode, Corey & Ben sits down with gun Newcastle real estate agent Liam Cromarty — the kind of agent the industry doesn’t produce en...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

This is not a normal episode. This is an emergency 🚨

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey This is not a normal episode. This is an emergency 🚨 The 2026 Australian Federal Budget just dropped and it's a game-changer for every single property investor in the...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

OR contact us on hello@sourcefinancial.com.au

This one's going to sting. But you need to hear it 🔥

You say you want to buy a house. You say you're "saving." But then you're spending $7 on coffee every morning, ordering UberEats three nights a week, and subscribing to six streaming services you don't even watch. Sound familiar? That's not saving. That's pretending to sav...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

Your property is growing in value right now. The question is — who's benefiting from it? Because if you're just sitting in your home making repayments and doing nothing with the equity building up inside it... someone else is winning from the growth you're sleeping on 😬

Most Australians own one property and stop there. They think they're "in the market" — but the truth is, they're barely scratch...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

What if one conversation could unlock $200K in borrowing power you didn't even know you had? Sounds too good to be true — but it's not. Most people never ask. And that's exactly why they stay stuck 💰

In this episode, Corey and Ben unpack the strategies that actually move the needle on your borrowing capacity — from the simple stuff like asking for a pay rise (seriously, just as...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://calendly.com/coreygoldby/disoverycall

Contact us here: fatprofits@sourcefinancial.com.au

Everyone says "wait for the right time." Corey and Ben sat down and actually ran the numbers on what waiting costs you...and it's ugly. Really ugly 😬

Here's the reality, banks are opening up, deposits are dropping to as low as 2%, and property in key markets has been doubling within five to ten years. Meanwhile, the people sitting on the...

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

Let's be real — if you haven't stress tested your mortgage in the last 6 months, you're flying blind. Rates are moving, inflation isn't slowing down the way they promised, and building costs are about to jump 25-30%. That's not fear-mongering — that's what the data is saying 📊

Most people won't prepare until it's too late. This episode is for the ones who'd rather be early than sorry 🧠 Corey brea...

Work with MORTGAGE BROKERS who investment themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

The government's eyeing your profits. CGT changes, immigration shifts, interest rate moves — there's a lot happening right now and most investors are either ignoring it or panicking. Neither is the move 🚨

In this solo episode, Corey breaks down what's actually going on in the Australian property market, cuts through the media noise, and lays out what smart investors should be doing right now to protect and g...

Work with MORTGAGE BROKERS who investment themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

Your property team can make or break your investment journey. In this episode we break down how to pick the right people, the red flags to watch for, and why trust matters more than anything 🏠💰

Think about it — you could find the best deal on the market, but if your broker's asleep or your accountant doesn't get your strategy, it can all fall apart. We've seen it...

Work with MORTGAGE BROKERS who investment themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

Property investing sounds simple — buy a house, watch it grow, retire rich. But the reality in 2026? It's a different game.

In this episode, we sit down with Ben to break down his property investment Journey and with Corey what's actually happening in the property market right now, how the lending environment has shifted, and what you need to do BEFORE you even think about buying. Wh...

Work with MORTGAGE BROKERS who investment themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey

In this episode, Corey breaks down the recent changes shaking up the lending landscape — from new debt-to-income ratios to tighter restrictions on trust and company lending. Plus, we unpack what rising inflation really means for property prices, mortgage rates, and whether Australia is heading toward a housing market bubble.

📌 Key Takeaways:

Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://calendly.com/coreygoldby/disoverycall

1. Understand the Market Dynamics The importance of knowing the lending environment "Investment lending these days is like comparing a GP dealing with a flu to heart surgery."

2. Build a Reliable Support Team Having a trustworthy team can make all the difference in your investment journey.

- Why this matters: A well-rounded team provides diverse insights and guidance tailored to your financial goals.

- How...