Two Drunk Accountants

We have Joel in the hot seat today, while Dan is away. Tim and Joel are talking The First Home Super Saver, she is back in the news, and we thought it timely to recap on who and what this scheme is. 

This week we discuss confusion about how to structure your business in the wake of the budget announcements. Should your plans change? What is the best structure for you? Plus an extended intro on the Space X IPO.  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email:...

Are you an accountant looking for an exciting new opportunity? Someone with a wealth of experience looking to help lead and be a part of a team of client focussed accountants? Well we might be looking for you!  We also touch on some of year considerations.  Take a look at our job add! Job Add! .  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.in...

This week we chat with all around legend Brent Szalay managing director at Seiva and Leaders in Business to talk all things advisory. What do clients actually want and how to package and price this.  Leaders in Business: https://leadersinbusiness.com.au/ Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: h...

When your accountant finds you have done something wrong or have lodged incorrect details do they have to report to you to the relevant authorities? Well the answer may surprise you as we discuss what accountants are required to do when we discover non compliance with laws or there has been false or misleading lodgements.    Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccounta...

This week another fine listener to the pod has submitted their books for us to have a look! We discuss the good and the bad and decide whether or not we would buy this business right now!    Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.c...

The 2026 federal budget was released last night and oh man there were some changes. If you have investments, want to invest or use a discretionary trust in your business there are potential changes coming that will affect you. Is this good for the economy? Do we agree with the changed? Listen and find out. But also remember none of this is yet law and we explain more in this episode.  Sponsor Offe...

Tim and Dan chat about tonight federal budget. With some big changes possibly on the way we discuss what we are most anticipating and our initial hot takes.   Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

Our favourite economist is back, Jeremy Thorpe MD at Bondi Partners is back to talk about what's happening in the economy and how it affects you and your business! Conflicts in the Middle East, petrol prices, inflation, property prices and AI are all on the agenda! What are we in store for?  Jeremy Thorpe: https://au.linkedin.com/in/jeremythorpe Sponsor Offers:   Here Youtube: https://www.youtube....

This week we tackle tax avoidance and part IVa, particularly how it relates to your entity selection or restructure. We are joined by Adrian Bailey the principal at Cleary Hoare lawyers to discuss structuring and whether you are accidentally falling into tax avoidance by choosing a particular structure?  Cleary Hoare:  https://www.clearyhoare.com.au/ Sponsor Offers:   Here Youtube: https://www.you...

This week Tim and Dan discuss their top 5 complications with discretionary trusts that might not make it as attractive!  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

This week Tim chat with Brendan Roberts founder of Aider and current GM about all things AI and what the future will bring.  Sponsor Offers:   Here Brendan Roberts: https://nz.linkedin.com/in/brendanproberts Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

Continuing our series on trusts we discuss if a trust is right for your business and the pros and the cons!  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

Join Tim Garth and Heather Smith as they attempt to unpack what they learned at the Accounting Business Expo—somewhere between the coffee, the chaos, and possibly a wine or two. They’ll chat about the latest AI tech (that we’re all definitely pretending to fully understand), how it’s shaking up the accounting world, and what it might mean for your business… depending on how brave you’re feeling. E...

This week we chat with Organisational Psychologist Dr. Sarah Cotton from Transitioning Well to chat about the causes and what you can do about poor mental health of small business owners. This comes off the back of the report on the wellbeing of small business owners released by Xero during the week. 

We continue our redo series on entity structures (the restructure if you will) and this week we tackle the humble company. What is it, why would you choose it and how does it work? All answered on this weeks episode of the podcast.  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccount...

In the next episode on our series on entity structuring for your business we discuss the partnership. Find out why its not our go to in most cases!  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

If you manufacture or hold stock then this week is for you! This week we are joined by Greg Roughan Head of Content and Jarrod Adam Head of product at Unleashed Software to discuss their latest release of the Manufacturing Health Index Report. We discuss what are the trends in the industry including gross profit margins, leads times and how much stock are people holding? We also dive into common m...

It's been 7 years since we recorded our first ever episodes on entity structures and a lot has changed since then. So beginning this week we are redoing our series on the various entity structures you might consider for your new business! This week starting with sole traders!   Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrun...

Repeat episode this week!   This week its Halloween! So we discuss the top 5 scariest taxes that might sneak up on your this halloween! 

The time has come, someone was finally brave enough to show us their books. Live in this episode we analyse the books of Stone Pine Distillery and call a special guest to see if we get our assumptions right!    Stone Pine Distillery: https://www.stonepinedistillery.com.au/home Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunk...

This week we tackle another niche tax issue! If you make input taxed supplies - residential rent, financial supplies like dividends or credit - can you claim the GST on the expenses?  The answer is mostly no but sometimes yes!    Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountant...

This week Tim and Dan dive into the tricky world of owning property while your tax residency changes, you might owe more tax then you think...or none at all! I really depends.    Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

It's the new year and we thoughts why not dissect some financials while you enjoy your holidays! Can Dan guess who these financials are? Would he buy this business? Find out now!  Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: twodrunkpodcast@gmail.com

It's Christmas time and of course of the Two Drunk Accountants that means the Drunkies! That's right who will win the small business and accounting communities most prestigious awards! Listen now to find out!    Sponsor Offers:   Here Youtube: https://www.youtube.com/@TwoDrunkAccountants Instagram: https://www.instagram.com/twodrunkaccountants/ Website: https://twodrunkaccountants.com.au Email: tw...