Freedom Formula Podcast

Why The Old Way Of Building Wealth In Australia Is Officially Dead…

Shane Da Costa Episode 131

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0:00 | 44:42

✅ ✅ JOIN THE 3 DAY “HIGH-TICKET CLOSER CHALLENGE” AND LEARN THE SALES FRAMEWORK BEHIND $10K–$30K/MONTH EXTRA INCOME https://join.freedomacademy.com.au/opt-in-page —— If Australia's leaders just ignored politics and actually did what's best for the country... this is what it would look like. I sat down with Hussain Rifai - a guy who's negotiated government-to-government deals across continents, run private equity funds, and built businesses across five countries. He just got brutally honest about what Australia's getting wrong. Here's what he'd do if he became Prime Minister tomorrow: → Tear up the tax system from the bottom up. Not tinkering. Not capital gains tax tweaks. Complete restructure. Then use resource revenues to cut individual tax and drive real buying power back into the economy. → Stop selling our gas dirt cheap. Australia's handing over resources at pennies on the dollar while we struggle to pay rent. He compared it to the Norway model - actually profit from what we own. → The $360 billion submarine question nobody's asking. "Maybe I'm naive," he says, "but I don't understand what we're fighting. We could do 1,000 better things with that money." → Banking regulation is suffocating business investment. Banks are so restricted they only fund property. Meanwhile, actual businesses—the ones that create wealth, not just passive assets - get nothing. → Narrow-mindedness and racism are Australia's biggest problems. He's lived in 5 continents. Australia's the best. But only if we stop being afraid of each other. He's publishing "The Chaos Theorem" next - a memoir about losing a child, building businesses across continents, fighting racism, and the one thing that actually changes your life (spoiler: it's not luck). His message to the Prime Minister: Be brave. Make decisions that are unpopular politically but popular with the people who elected you. 

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