About Fat Profits Podcast - Finance, Property & More
A straight talking Aussie podcast for investors, finance enthusiasts, and anyone keen to build real wealth (With Laughts)
We dish out practical tips, investor stories, lending and tax hacks, expert strategies for growing your property portfolio. Whether you’re a first-timer or a seasoned investor, you’ll get honest Q&A, market updates, and the kind of advice your bank manager won’t tell you.
Hosted by the crew at Source Financial, we keep it bold, cheeky, and always results focused because in property, it pays to think bigger. Tune in, get inspired, and start making your money work harder.
Small Businesses Are Months From Insolvency | National Gun "Stealback" Scheme | Peter Richards | Fat Profits Podcast Ep. 29
Peter Richards is a rural property agent on the NSW Mid North Coast who has worked in real estate since the late 1990s and also runs a local firearms business.
Timestamps:
00:00 (https://www.youtube.com/watch?v=VIDEO_ID) Welcome a rural property agent and local business owner
01:21 (https://www.youtube.com/watch?v=VIDEO_ID&t=81s) New homes or renovating, plus hunting trip stories
03:56 (https://www.youtube.com/watch?v=VIDEO_ID&t=236s) Peter's rural sales business and his career in real estate
08:10 (https://www.youtube.com/watch?v=VIDEO_ID&t=490s) The last 6 to 12 months: lost confidence and pressure on small business
13:11 (https://www.youtube.com/watch?v=VIDEO_ID&t=791s) Is the acreage and sea change dream still alive?
17:04 (https://www.youtube.com/watch?v=VIDEO_ID&t=1024s) Carbon credits and the cost of clearing a house site
23:01 (https://www.youtube.com/watch?v=VIDEO_ID&t=1381s) Starting out in 1998, the GFC and how Covid changed the rural market
24:36 (https://www.youtube.com/watch?v=VIDEO_ID&t=1476s) Peter's other gun shop business
26:02 (https://www.youtube.com/watch?v=VIDEO_ID&t=1562s) How government policy changed trading
31:12 (https://www.youtube.com/watch?v=VIDEO_ID&t=1872s) What small businesses need to get back to producing wealth
33:55 (https://www.youtube.com/watch?v=VIDEO_ID&t=2035s) Government debt and why repayments are about to skyrocket
36:18 (https://www.youtube.com/watch?v=VIDEO_ID&t=2178s) Will gun laws change across every state?
47:51 (https://www.youtube.com/watch?v=VIDEO_ID&t=2871s) First home buyer incentives and a smarter first move
Work with mortgage brokers who invest themselves and have a proven track record here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey (https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey)
This podcast is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. The information discussed is general information only and does not constitute personal financial, taxation, credit or legal advice. Before making any financial decision, you should consider your own circumstances and seek advice from appropriately qualified professionals.
Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456. Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.
30 Sept 2026
Will AI Replace Mortgage Brokers in 10 Years? | Sam Panetta | Fat Profits Podcast Ep. 28
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, and why implementation beats strategy every time. The guys also dig into the future of broking in an AI and AGI world, debate a recent wave of broker fraud headlines, and run through what a first time buyer should really be asking when they call a broker.
Timestamps
00:00 (https://www.youtube.com/watch?v=VIDEO_ID) Intro and welcoming Sam Panetta
05:24 (https://www.youtube.com/watch?v=VIDEO_ID&t=324s) Sam's family roots and path into broking
17:47 (https://www.youtube.com/watch?v=VIDEO_ID&t=1067s) Building a business to sell versus to run
22:52 (https://www.youtube.com/watch?v=VIDEO_ID&t=1372s) Doing 10x the industry's marketing volume
23:44 (https://www.youtube.com/watch?v=VIDEO_ID&t=1424s) Systems, documentation and making the business sellable
28:09 (https://www.youtube.com/watch?v=VIDEO_ID&t=1689s) Life after the sale, and when the phone stopped ringing
39:27 (https://www.youtube.com/watch?v=VIDEO_ID&t=2367s) Will AI and AGI replace brokers?
42:55 (https://www.youtube.com/watch?v=VIDEO_ID&t=2575s) Broker fraud and lost accreditations
44:46 (https://www.youtube.com/watch?v=VIDEO_ID&t=2686s) What to ask a broker as a first timer
47:24 (https://www.youtube.com/watch?v=VIDEO_ID&t=2844s) Final thoughts and sponsor segment
Work with mortgage brokers who invest themselves and have a proven track record of helping Australians build property portfolios, here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey (https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey)
This podcast is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. The information discussed is general information only and does not constitute personal financial, taxation, credit or legal advice. Before making any financial decision, you should consider your own circumstances and seek advice from appropriately qualified professionals.
Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.
Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.
23 Sept 2026
The RBA Built the Housing Crisis | Fat Profits Podcast Ep. 27
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 (https://www.udemy.com/course/the-economic-way-of-thinking/?couponCode=FATPROFITS)
Follow Mark:
https://www.facebook.com/MarkHornshawLibertarian (https://www.facebook.com/MarkHornshawLibertarian)
Timestamps:
00:00 (https://www.youtube.com/watch?v=VIDEO_ID) Meet Councillor Mark Hornshaw
01:09 (https://www.youtube.com/watch?v=VIDEO_ID&t=69s) Who wins the 2027 NSW election
05:19 (https://www.youtube.com/watch?v=VIDEO_ID&t=319s) The National Construction Code shake-up
14:12 (https://www.youtube.com/watch?v=VIDEO_ID&t=852s) Quickfire Likes and Dislikes
17:22 (https://www.youtube.com/watch?v=VIDEO_ID&t=1042s) From business to Austrian economics
28:25 (https://www.youtube.com/watch?v=VIDEO_ID&t=1705s) How money actually works
32:54 (https://www.youtube.com/watch?v=VIDEO_ID&t=1974s) Interest rates, the RBA and the housing crisis
43:13 (https://www.youtube.com/watch?v=VIDEO_ID&t=2593s) Inside local council
59:15 (https://www.youtube.com/watch?v=VIDEO_ID&t=3555s) Gold, Bitcoin and the GFC
1:01:07 (https://www.youtube.com/watch?v=VIDEO_ID&t=3667s) Fixing first home buyer policy
1:04:42 (https://www.youtube.com/watch?v=VIDEO_ID&t=3882s) The Libertarian case on tax and home education
1:11:45 (https://www.youtube.com/watch?v=VIDEO_ID&t=4305s) Final thoughts
This podcast is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. The information discussed is general information only and does not constitute personal financial, taxation, credit or legal advice. Before making any financial decision, you should consider your own circumstances and seek advice from appropriate qualified professionals.
Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.
Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.
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