The Global Aussie Citizen Podcast: Recent Episodes
Todd Pallett
A podcast for the Global Aussie who lives overseas or simply the globally thinking Aussie! Weekly episodes with guests from all over the world talking about issues and topics every Aussie should know about. From cross-border tax, start ups, global property, portfolio ideas, scams to avoid and swindlers to chase. Stories and discussions from global Aussie entrepreneurs having a bloody go!
This is probably the most significant and impacting proposed tax change for Australian Expatriates (non-resident Australian citizens) I have ever seen in 20 years of being in Hong Kong.
This last week I have been inundated with Australian citizens around the world emailing to ask what the new proposed changes within the latest Federal Budget mean.
There is a large change the government has proposed for Australians living overseas that will affect travelling home to Australia and causing concern for being taxed as an Australian resident if you stay in Australia for more than 45 days a year.
The idea being that if you stay in Australia for more than 45 days or more in one income year, Australia taxes you on your overseas income and assets as if you are living in Australia and apply Australian marginal tax and capital gains rates.
This has got everyone spooked on what this means to them.
So I jumped on a call to record a podcast with my tax expert in Ilana Kramarov from Torque Tax in Melbourne. Ilana is a well-seasoned professional with a Masters of International Tax who has being on episode 14 of my podcast. We discussed what is involved and what it will mean to Australians living overseas and wanting to return to Australia for holidays or to see family.
Keep in mind right now that this was tabled in the budget BUT IS NOT currently law as for this to come into effect it still requires parliament approval and royal assent which is when it becomes law. Whether this means these rules will apply in 2022 or 2023 is yet to be determined but we talk about what is involved in this 22 minute briefing and what the timeline could be.
The Australian Government has a Board of Taxation. The Board of Taxation is a non-statutory advisory body that provides the Government with real-time advice on tax policy issues by contributing a business and tax community perspective to improving the design and operation of taxation laws.
This board put together a 135 tax report on this matter and is very detailed but if you wanted to read it click here. The report there is called “Reforming Individual Residency Tax Rules – A Model for Modernisation”.
Ilana has been gracious in writing a simpler two page summary of what is involved. Also attached is the new “Residency Rules Flowchart” explaining the tax outcome for Australian citizens abroad.
Click here to download
The Solution: There aren’t any solutions in avoiding the 45 day rule in Australia if you stay that long when the legislation becomes law, but there is time to discuss your estate and plan for the tax impact and how to position yourself in Australia. Simply email me for further discussion.
Sincerely
Todd
Ok! I have finally finished the last of the property podcasts during COVID. Here is the one on Melbourne/Victoria where it all started for me.
It was Hong Kong in 2003 where I met David Morrell and Chris Koren who pioneered the very first residential property buyer’s agency in Australia and started Morrell & Koren.
Like all good leads I found them through a happy client referral…a Cathay Pacific pilot actually. He introduced them and after a brief chat we decided to try our luck with running a seminar at the old Ritz Carlton in Hong Kong to test the waters for demand.
With a little advert in the AUSTCHAM magazine we filled the room with 110 Aussie expats! I even remember the title of the ad was “How to Buy Australian Residential Property Without Being Eaten Alive!” and had a little shark fin in the picture as a poke at the property spruiking industry at the time that was carving its way through Hong Kong selling off-plan apartments in Melbourne.
Well 18 years later I still work with Morrell & Koren for all my clients Melbourne property needs from buying the dream home or investment property.
Part of the boutique team of high performers is Karen Price who has worked with me and my clients for over a decade and has delivered some stunning results for my clients both in securing their properties but as time has proven…some excellent investment returns as well.
And not an off-plan property in sight!
Karen shares her boots on the ground approach with you on this podcast along with the current temperature check in Melbourne so if your keen to listen to what is happening, jump in for the 25 minutes here. It’s well worth it.
By all means circle back to me on how to prep for buying property in Melbourne if your keen as the market is moving quickly.
In 2005 a 22 year old starry eyed Aussie with no experience in recycling decided to move to Hong Kong to become a recycling tycoon. Sixteen years later Damien van Leuven continues to lead and grow his business Vanden Recycling into the UK, Ireland, Finland, Spain, Turkey, UAE, Holland and Australia.
The conundrum of recycling (plastics) is replacing throw away items with more throw away items. Damien and his team have worked hard to create a sustainable business that has a bank vault of recycling knowledge to help countries recycle and trade their waste.
Recycling plastic at its core revolves around oil and natural gas as the commodity items used to make plastic that we use everyday in our clothes, drink bottles, computers, phones and just about everything else on the planet.
A portfolio “tilt” is industry slang for an investment strategy that overweighs a particular investment style. An example would be tilting to small-cap stocks that have historically delivered higher returns than the stock market. Overweighing to a style is always done with the expectation of achieving a higher return or higher risk-adjusted return than the market.
“Going green” or being “environmentally friendly” used to be thought of as an idealistic endeavor pursued at the expense of revenue and profits…not anymore.
Listen to this podcast to understand more about recycling but also to recognize the opportunity this space will have in the future as government regulation means more bottling and plastic companies are required by law to be 100% recycling.
Mike Robertson grew up in Perth and moved overseas as an expat for many years before returning to Perth and now operates a boutique Buyer’s Agency looking for residential property predominately in the prestige suburbs of Perth.
I've known Mike for 20 years and he has done some amazing things through his career. What has always been a big part of his life is Perth property. He was born into a property family with an Architect father and an interior designer mother. Along with Mike's accounting and banking background and you have a formidable resource in his chosen niche market.
Mike has a street level knowledge of the catchment area around Claremont, Dalkieth, Nedlands, Cottesloe, Peppermint Grove through to where he lives in Mosman Park.
Listen to this podcast of the inner workings of sourcing prestige residential property in Perth.
I have worked with Scott Durell for over a decade and he always delivers. He's honest and direct approach has helped guide my clients into homes and residential properties in and around Perth.
Scott is an outlier in the industry as well because he also looks at commercial and industrial property deals, looking for solid tenants and yields.
Listen to this podcast for a helicopter view of the entire Perth property market and if you wish to get involved, circle back for a discussion on finance first. As Scott and all these buyers agents are telling me...you will not even get a look in on property right now unless you are paying cash or your finance is 100% ready to go.
Getting into Australia during COVID is challenging as flight availability, seats and politics is pushing around the lives of Global Aussie Citizens around the world.
Personally I had challenges getting back to Australia for Christmas and if it wasn’t for Ingrid Borgas, I doubt I would have made it. But I did make it in and out of quarantine with three days spare to see my family for Christmas. Phew!
Ingrid is a travel virtuoso which goes beyond booking flights, but handling your entire itinerary, keeping you up to date with travel restrictions and being able to have a dialogue with a seasoned professional who can help get you and your family back to Australia safely.
Or get you back overseas if you are needing to work or travel for whatever reason.
If you are trying to get back to Australia this year, leave or travel interstate as domestic borders return and travel bubbles percolate, then listen to this podcast. You will learn a lot about the travel industry and having a relationship with someone who is connected will benefit you.
Better still…get Ingrid to book everything by clicking here. She helped me! Hope she can help you as well.
Getting a loan on Australian residential property for overseas Australians (expats) is tough.
The haircutting happening to loan applications during COVID and the moving sands of bank approval is changing on a weekly basis at present.
Enter Tony McCoy who I have known for 20 years to explain what to expect.
The finance game has changed forever, the compliance and approval of loans has extended and complicated matters and having an expert hold your hand through the process is far more detailed than most realize.
Tony’s loan minimum is $1million AUD for property and the competition is heating up in Australia as bank and non-bank lenders all look to establish a market share in their preferred niche and Tony understands their sweet spot.
If you have any questions about finance or wish to obtain a loan, email me direct before you discuss with a bank or lender and we can discuss the best process going forward.
Keeping with the Australian property market theme during COVID, today I was able to podcast with my buyer’s agency team in Brisbane with Meighan Wells and Diana Edwards to discuss what is happening at the coalface of the Brisbane residential property market.
Meighan and Diana talk about the price point in market segments of Brisbane and what suburbs are moving fast right now. Speed is of the essence so per this podcast you will see that if you intend to buy residential homes or investment property in Brisbane this year, then you better get your finance in place to be ready and move fast.
Jump in and listen to this podcast hot on the heels of last week’s podcast with Deb in our Sydney market and you will begin to form a picture of what is happening nationally in Australia right now through COVID.
Next week I will bring you our Australian finance podcast with a mortgage broker who has been financing property for Global Aussie Citizens for over 20 years and hear what is happening in the loan process and what banks are currently doing for expat loans.
Coming up as well is our Perth and Melbourne buyers’ agents to complete the picture for understanding the entire Australian landscape.
This was a great podcast full of value for anyone looking to invest in the Brisbane residential market this year or looking to buy your dream home. Checkout the team at www.propertypursuit.com.au
Sydney Property Just Went Boom!
It is now a seller’s market but even the sellers are having problems upgrading or downgrading as the level of stock is limited.
Buying property in the most expensive city in Australia is harder right now than ever before.
Trying to find a property, let alone bid on it and be successful in buying it has become a challenge with the COVID lockdown creating a price squeeze in Australia.
Weekend auctions normally have a clearance (sell rate) of 60-70% and last weekend it hit 88.7% which is unheard of.
Off-market property is not formerly listed on a website like realesatate.com.au or advertised in newspapers, it is a trading world in property where discussions and transactions are done behind closed doors. Only those with a backstage pass or connections to a related trading party get to see the property and bid on it. This trading world has been booming right now and Deb and or her team are in the middle of it.
Listen to Deb Smith from Sydney Slice talk about the current Sydney market where Deb is buying property anywhere between $2 million AUD at the low end to over $80 million AUD at the high end! Yes that’s not a typo.
Check out the episode now and visit Deb at www.sydneyslice.com
Being a Global Aussie Citizen also means you gotta get home sometimes and during a world pandemic before Christmas, it has proven a little tricky to say the least!
This episode I fly solo and have just dropped a short 15 minute episode about my experience in booking flights, landing, and going into hotel quarantine in the effort of seeing my family for the first time in 6 months and being out before Christmas day.
Helluva ride but I made it into Perth and am currently in two weeks quarantine so if you want to know what journey lays ahead for you to get into Australia or are simply curious as to what happens and what the process is, then tune in as I explain the milestones along the way. Frankly I didn’t know all the steps until I walked through them.
Good news is after my first test I am Covid free!
Hope you are your family are safe as the world begins its tipping point with the first vaccination injections this week and we can move to the next phase of this new world we live in.
I thought it would be good to go back to back on episodes talking about tax because at this juncture there are many Australians trying to get home for Christmas with Covid who have packed up their lives and haven’t considered some tax consequences.
This episode is mainly about what I have been banging on now for 19 years about making sure clients get their Australian tax returns filed every year while they are away if they have Australian property as an investment (meaning it has a tenant in it paying rent).
In my journey I have come across many clients who have been charged some pretty hefty tax returns fees and I really don’t think it needs to be that high. Frankly I think some accountants are gouging non-resident Australians abroad because they can…or they live in a city like Hong Kong where the rent for office space is high and that is reflected in the fee.
I’ve seen one accountant charge $2,000 AUD for a single residential property tax return! That’s not for advice…that is simply lodging a tax return when most items the client already had ready.
Darren has shown my clients and myself how simple and low cost annual tax return per property can be and at $300 AUD per property per financial year, I challenge anyone to find me a qualified accountant who can complete and lodge a simple joint tax return for an Australian residential property by a Certified Practicing Accountant (CPA).
Listen to the podcast to find out how he does it and what are the items you need to be aware of in your Australian non-resident tax return each year for good lodging practice and to ensure you build up the correct amount of carry forward tax losses while you are away.
We answer the question on Australian shares and why Australian shares can be tax free growth while you are away but be careful if you leave Australia and have existing shares.
Darren’s accounting practice proves that personal attention and sticking to the Small to Medium Business market is rewarding. If you need an accountant to help you file an Australian tax return as an expat…or even if you are back in Australia and need an accountant to help with your annual filing, Darren is in Perth but services ALL of Australia and does it from a much lower cost city that shows up in your final bill. Go to www.hyattpartners.com.au
TAX! TAX! TAX!
You got to have it...have to pay it. Just make sure you get qualified advice to be sure you know how much.
For over a decade my good friend and international tax adviser Ilana Kramarov has helped…no…let me re-phrase…”saved” my clients from walking down the wrong tax road on their estates, assets sales, incomes and businesses.
Every Global Aussie Citizen business owner should have a tax advisor with them every step of the way and every Australian moving offshore or back to Australia should have an Ilana to help them. That goes for other citizens wanting to migrate to Australia as well…Ilana should be your first call.
In this episode Ilana debunks a few myths on repatriating to Australia and talks about qualified tax advice, what it is and the three levels of advice you can opt for.
What I like about Ilana’s process is she will talk to my clients about their situation and then let them know what the advice will look like and cost. Too many tax advisors want to be paid upfront before they even open their mouth and I have discovered SOME still didn’t really understand the tax space even though they billed the client.
Also, I can tell you from personal experience of living in Hong Kong for 19 years that I see bad tax advice from Australian accountants who do not understand the international tax regime and give unqualified advice on matters they don’t fully understand. Frankly neither do I and nor do I profess to be the expert (I’m not an accountant) which is why having an expert like Ilana who is a Chartered Accountant and has a Masters in International Tax Advice makes the world of difference.
My clients know her…now you get to know Ilana too! If you need qualified tax advice then listen to this podcast and contact Ilana at Torque Tax. Check out her firm here… www.torquetax.com
Simon Lock is one of Australia’s biggest fashion exports but he is the man behind the scenes giving a voice to the Australian fashion industry.
Heck, he’s the guy who founded Australia’s “Fashion Week” back in 1992 that became the platform that launched a thousand different fashion designers and models to the world stage. He has stories covering his experiences with designers such as Collette Dinnigan, Peter Morrissey, Akira Isogawa, and models Elle Macpherson, Miranda Kerr and Cate Blanchett.
Did I drop enough names?
Simon travels the globe like a true “Global Aussie Citizen” and has been building businesses from scratch since the early 90’s.
I could have talked for hours but if you want more about his life than this podcast then checkout his book published on Amazon called “In The Front Row: How Australian Fashion made the World Stage”.
In the Front Row reveals the feuds, frustrations and triumphs of producing one of Australia’s most fabulous international events.
These days though he has created a new business for the new technological times called “ORDRE”.
The impact of the digital revolution, increased retailer competitiveness and other global economic factors have created significant disruption to traditional business channels. The founders’ vision was to create ORDRE as an additional and complementary channel to facilitate the management of luxury wholesale networks globally through the presentation of seasonal collections through online showrooms.
This is one business that has exploded with demand due to COVID because more businesses now need ORDRE for their businesses to sell their fashion products to the world without the physical events they relied upon.
Checkout ORDRE here and enjoy another Global Aussie Citizen success story: https://www.ordre.com/en
This is a very heart-warming podcast I think needed we all need to re-align ourselves. Well I did anyway.
The US Presidential elections has all the attention right now and with all the vitriol and global tension heightened right now through Covid, it was a relief to meet and talk to a Global Aussie who is devoted to one of the most selfless businesses there is.
Fund raising for a charity to save Moon Bears in Asia from bile farming.
This week’s guest is Audrey Hii who came into my studio to record this podcast in Hong Kong and personally for me it was a much needed conversation to have to give myself a reality check. I get wrapped up in talking about investments, taxes and wealth, and then you meet a person like Audrey who gives their life to a cause above and beyond their own benefit. It’s very grounding and there are quite a few people involved and celebrities giving their time and voice as well such as Ricky Gervais, Joaquin Phoenix and many more.
I knew nothing about Moon Bears and the bile farming industry which I’m now embarrassed to say, but now that is within my consciousness, I have seen a lot more and it has educated me about this battle.
Audrey works full time as the Hong Kong team leader running Animals Asia.
Animals Asia is devoted to ending bear bile farming and improving the welfare of animals across Asia. Works to end the bear bile trade, which sees over 10,000 bears – mainly moon bears but also sun bears and brown bears – kept on bile farms across Asia. It has rescued more than 600 bears from the industry since it was established.
For more information about Audrey, Animals Asia or to make a donation…visit https://www.animalsasia.org/hk-en/
How do sum up a man who in his 30 plus year career has sold literally billions of dollars of property.
You can’t.
But what you can do is invite him over for a few gins and record an hour of the conversation to hear the golden stories of yesteryear and discuss the future of property with someone who has lived every market cycle in that time.
Greg Penn is Managing Director at CBRE for Capital Markets, Greater China and Korea but has lived out of Australia for 21 years and been dealing in property from Hong Kong, China, Vietnam, Korea, Japan, USA and many more. Greg has had many roles but at the end of the day, what he loves and is good at is large property deals.
I’m used to dealing with private clients who buy $1 to $10 million USD in residential or commercial property for themselves but Greg plays in the $250 million USD or even billion dollar space when dealing with complete hotels, commercial office buildings and the big of end of town.
Greg basically follows the capital and looks where it goes into property around the globe so it’s very interesting to hear his thoughts on where the market is during Covid and where the capital is right now looking for opportunities.
A great guy and a very easy chat, we recorded this one in the GAC Cave in Hong Kong to some good Aussie Four Pillars Shiraz Gin and some cheese and crackers.
Enjoy!
Ok I know I’ve been a little quite for two weeks on podcast but we have some excellent podcast now in the can and I’ll be dropping some new ones soon.
This is a VERY VERY timely podcast for ALL Australians living overseas who are thinking or planning to return to Australia…OR…you are NOT Australian but wish to migrate and become an Aussie (Kiwi’s welcome too!). With our beaches and fresh air, it’s an easy decision but before you do that, we should talk some shop. Tax shop!
This episode is my first serious one on tax! And I have some extra goodies for you.
I have worked with Kelvin and Nick Boyd for 18 years and many of my clients have benefited greatly from the tax advice and planning they have imparted upon clients before the repatriate/migrate to Australia.
This podcast is specifically talking about “Foreign Superannuation”.
Foreign Superannuation has been around since the 1990's and has its own tax legislation in Australia and Kelvin and Nick explain over 26 minutes why this space is so important for clients.
Nick and Kelvin run a boutique international retirement planning firm specialising in Global Aussie Citizens they move around the globe.
You can visit their website www.northlandpensions.com and for a simple 10-minute video of how foreign super works…go to https://hk.capital-company.com/foreign-super-explained/ where you can see the benefits and download my schematic.
It does not constitute advice but rather it invites further discussion on how this legislation can work for you.
PS: I am going to release a full webinar on all the benefits of foreign super in the next week so stay tuned for a deeper dive into all the in’s and out’s of how foreign super can help you.
Ok, this is episode is close to my heart with an old friend Adrian Floate I have known since I was 19 years old! I'm 47 now so you do the math! We both have less hair but more experience to share and I have done something I haven't done on an episode before. I recorded a short story before the podcast to share with you because it illustrates the fortitude of this bloke. Just amazing.
The best way I could describe Adrian is...visionary. He has always been ahead of the curve by 2-3 years. Sometimes when he explains technology to me, I remind him that I am not on Tony Starks level of intelligence and he kindly dumbs things down for me.
He started out in a tiny unknown office in the early 90's in Perth when the internet was not what it is today and he managed to convince Bunnings Warehouse in Australia (Perth) to use the internet for their online ordering system. They loved it so much they bought it from him.
Adrian then parlayed that experience into an IT (Information Technology) career that brings us to today where he manages Australian listed company Cirralto Ltd which is changing the way businesses invoice and order through their supply chain.
I could talk to Adrian for hours but he had to go and pick up his new car! Good reason to go.
Keep an eye on this guy because I think you will hear more about him over the next few years as technology in his sweet spot collides and matures.
This guy is definitely going global!
Here's an episode for all of you who have been asking me about migrating to Australia.
I tell you what! During COVID Australia is looking like a real good place to live when you look at what is going on around the world.
I am in Hong Kong but my wife and kids are living in Perth right now and I am thankful they are because life is pretty normal in Perth. Playing sports, going to the beach and walking around without any face masks! In my mind I'm just glad they are safe.
I have seriously been looking for a professional and well-versed Australian migration expert for years...and one that doesn't gouge clients over fees. Finally after a referral from a client I found Jennifer Wood.
Jen (we Aussies shorten everything) is a migration agent living and working in Queensland and she is owner/operator of AusVisa Link Migration Advisory. Read her bio in the hyperlinks here but also listen to this podcast and you will see her years of working in the Department of Immigration and Border Protection in Australia as well as her years of experience in the Middle East have given her great insight into the class and sub-classes everyone must navigate if they want to move to Australia to work or call it home.
So for all Aussies with a non-Australian spouse/partner who are thinking of moving to Australia...or for all wannabe Aussies (Kiwi's too!)...check this out!
James Kruger was a child prodigy who graduated university as the youngest in his year...but he won't tell you that. Working his way up to being an in-house lawyer for Macquarie Bank, James pivoted into the finance side of the business and left his legal career behind.
OK he's not Elon Musk! But he does own a Tesla and in 2015 the experience shifted his focus to move into a business within Macquarie that would have a social and environmental impact.
Now heading up the finance arm of Macquarie in Hong Kong, James is looking for finance deals in the "Critical Mineral" space where the likes of lithium, colbalt and graphite all play a part.
James explains why Telsa is not a car company but a battery business that is 2-3 years ahead of the competition and what needs to happen in Australia for electric vehicles, home charging stations and renewable energy to all meet in the middle and start serving the masses.
I've worked with and known Alan Clarke from for years! He was my first friend in Hong Kong when I arrived in 2002 and we have been apart of each others business lives for the past 18 years. When it comes to finding a buyers agent to sift, sort and screen London property I trust him implicitly.
These days Alan helps my clients buy London property for investment or a home and you would be amazed at the returns...but Alan doesn't hide that...he publishes the real results and performance online. You can visit his latest "Historical Performance Report" by clicking here, and if you want to see a real property Alan purchased for a client that made 186% return over 3 years (that's 42% per annum compound return!) then click here to watch the 4 minute video.
With the advent of Brexit and now Covid you would probably think London property is a little slow, but Alan is busier than ever in this mature market as expats return home, currency change moves around the Sterling Pound and corporations move into London with senior executives looking for a decent rental property.
But be careful...don't touch the off-plan high rise apartment market, investors are losing their shirts on this stuff and you can watch one of Alan's webinars here to find out why. As with Global Aussie Citizen property all over the world, research and verify with strong fundamentals before you buy.
Brent Coxon is not your average financial adviser...he has sifted through hundreds of private equity deals to find a handful to invest in with his own money and with outside sophisticated investors.
Here Brent talks about private investment deals (not listed companies) and how his Pamplona Capital undertakes investment in very opportunistic deals in different markets.
Their investment in a new company called ENIQ launched 18 months ago was mismanaged and how they turned around the business. Pivoting their business into markets competitors hadn't really thought of and how this unknown start up became the lead hydration partner of Australia's biggest fun run for the Sydney City to Surf.
On the way they picked up brand ambassador and world renowned Australian cyclist Robbie McEwen and are growing in Australia with an eye on China and scaling up their scientifically proven hydration business into a world brand.
I use this product myself and am sure you will hear about this story on the world stage soon so it's amazing you are hearing it here first.
Technically this was the very first podcast episode recorded when I was in Perth in March and stayed for a few months during Covid lock down. The streets of Perth were bare and the world had stopped so Brent Coxon and myself decided to kick off discussions with our origins story of becoming a Global Aussie Citizen wealth management firm and elaborate on what we do and who we help around the globe...all from our Symmetry Group office in Subiaco, Western Australia.
Why are so many Global Aussies getting wrong advice offshore and what should Aussies look for in an adviser for advice, qualifications and guidance.
We did pretty good for a couple of Aussies...I don't think we swore once!
For Aussies living overseas (in other words expats!), Australia becomes a very hard country to make a profit on property on an "after tax" basis. Why do expat Aussies keep buying Australian property when capital gains tax is as high as 45%...you have to pay stamp duty and the annual rent of the property gets eaten up by the rising tide of land tax!
In 2012 there was a change in legislation that brought about my shift in talking to global Aussies about the benefits of Australian property and a couple of years later I discovered Alan Henderson in Auckland, New Zealand who showed me some property returns that astounded me. Years later he is going stronger than ever and during Covid we find New Zealand holding up better than Australia.
The best part is this podcast strategy can only be followed 100% by Australians and Singaporeans! Find out why.
Technology is speeding up the world we live in for business and pleasure, but with it comes a whole new generation of scams and cyber crime that is hitting Aussies everywhere.
Ken Gamble has spent a career hunting down confidence men and tricksters who make a living out of separating investors from their money. Just last week Ken made national news for busting Australia's most notorious global conman in Peter Foster.
Listen to how Ken and his firm IFW Global travel the globe hunting the corrupt and brazen criminals of this world that have all sorts of creative schemes making millions with nothing more than a phone and script in locations that are closer than you think. Legislation in Australia needs to change in order to help ripped off Aussies get their money back and Ken explains why.
He's the original Global Aussie Citizen but I like to call him the "Indiana Jones" of Australia. Colin has been travelling the globe making business happen and doing deals for over 40 years. From gold mines in Papua New Guinea, Korea and the Philippines and dealing with corporate sharks and military rebels, through to bringing to market a world innovation not related to mining that will revolutionize many industries.
Colin belongs in the novel "Atlas Shrugged" where the world relies on entrepreneurs like him to keep the motor of the world running. You can visit his revolutionary removable cartridge valve company iVapps at www.ivapps.io
As my first ever client in Hong Kong 18 years ago he is the epitome of what I had in mind when I first thought of launching this podcast and speaking to Global Aussies around the world.