In this episode of Talk Money To Me, Felicity Thomas and Candice Bourke break down how to invest in an inflation-driven market and why traditional portfolio strategies are being challenged in 2026.

With energy shocks, persistent inflation, and changing central bank dynamics, investors are facing a very different environment to the past decade. The traditional balance between equities and bonds is no longer behaving as expected, prompting a shift in how portfolios are constructed.

Drawing on insights from the latest Shaw and Partners Investment Perspectives , this episode takes a deep dive into the assets and strategies designed for today’s market conditions.

🎯 What we cover:

• 💰 Royalties explained – how investing in revenue streams (rather than profits) can provide income, diversification and potential inflation protection
• 📈 Inflation-linked bonds – how these assets adjust with rising prices to help preserve purchasing power and support defensive portfolio positioning
• ⚡ Energy as a macro driver – why both traditional and new energy sources are central to inflation, growth and market performance
• 🌍 Portfolio positioning in 2026 – moving beyond traditional frameworks and adapting to a higher inflation environment
• 🧠 Where to find income and resilience when markets are more volatile and less predictable

🔥 Key takeaway:

The biggest shift in markets right now isn’t just volatility it’s inflation.

And the portfolios that perform will be those that evolve to include:

👉 Income linked to real economic activity

👉 Assets that adjust with inflation

👉 Exposure to structural drivers like energy

🎧 Whether you’re building long-term wealth or navigating current market uncertainty, this episode provides practical insights and a fresh perspective on modern portfolio construction.

⚠️ Disclaimer

This podcast has been prepared by Shaw and Partners Limited (ABN 24 003 221 583, AFSL 236048) and is for general information purposes only. The information discussed is current as at 27 April 2026 and is subject to change without notice.

The content of this podcast is not intended to be, and should not be construed as, personal financial product advice. It does not take into account your individual objectives, financial situation or needs. Before acting on any information contained in this podcast, you should consider the appropriateness of the information in light of your own circumstances and seek advice from a licensed and authorised financial adviser.

Any views or opinions expressed are those of the speakers at the time of recording and may not necessarily reflect the views of Shaw and Partners Limited. Past performance is not a reliable indicator of future performance. Any references to specific investments or asset classes are for illustrative purposes only and should not be taken as a recommendation.

Investments can rise and fall in value and there is a risk that you may lose some or all of your capital. To the extent permitted by law, Shaw and Partners Limited and its representatives make no warranties or representations regarding the accuracy or completeness of the information and disclaim all liability for any loss or damage arising directly or indirectly from the use of, or reliance on, the information contained in this podcast.

If you’d like to discuss how these strategies may apply to your portfolio, feel free to reach out:

📧 Email: cftgroup@shawandpartners.com.au

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In this Order Pad episode, Candice Bourke breaks down the bull case for Netflix in 2026 and why this global streaming giant may still have double-digit upside ahead.

While the stock has been relatively flat over the past 12 months, the fundamentals tell a very different story…

• Strong revenue growth 📈
• Expanding margins 📊
• Rising free cash flow 💰
• A rapidly scaling advertising business 📺

But the real question is: Is Netflix still a growth stock… or has it matured into a long-term compounder?

In this episode, Candice covers:

• Netflix’s latest results and what the market is missing 📊
• Why Netflix is no longer “just a streaming platform” 🌍
• The real moat: scale, data, content and monetisation 🧠
• Forecast growth: revenue, margins and earnings trajectory 💡
• Bull vs Bear case — including valuation scenarios ⚖️
• The rise of ads, live content, and new growth levers 📺
• Key risks investors need to consider ⚠️

For Candice, the bull and buy conviction is clear. Netflix is evolving into a global entertainment powerhouse utility, combining subscription, advertising, live content and gaming at scale.

With:

• ~346M subscribers (and growing) 📺
• Expanding margins toward 40%+ 📈
• Strong pricing power 💰
• Multi-layered monetisation 🔁

This is no longer “growth at any cost” it’s becoming a cash-generating compounder.

Disclaimer

This podcast is general information only and does not take into account your personal objectives, financial situation or needs. It should not be considered personal financial advice. Before making any investment decision, you should consider whether the information is appropriate for you and seek advice from a licensed financial adviser. Candice Bourke is a Financial Adviser authorised under Shaw and Partners Limited (AFSL 236048). All opinions are based on information available as at 21 April 2026 and are subject to change.

Get in touch

📧 cftgroup@shawandpartners.com.au

📧 info@cftgroup.com.au

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In this episode of Talk Money To Me, we unpack one of the most complex market environments in recent years — where geopolitical risk, inflation pressures and blockbuster IPOs are colliding at the same time.

Recorded on 13 April 2026, Felicity Thomas and Candice Bourke break down the latest developments in the Iran conflict, including the breakdown in ceasefire negotiations, the U.S. blockade of the Strait of Hormuz, and what this means for oil prices, inflation and global equity markets.

At the same time, markets are preparing for what could be one of the largest IPO cycles in history, with potential listings including SpaceX, Anthropic, Databricks and OpenAI. We explore whether these mega listings will drive the next leg of growth or drain liquidity from an already fragile market.

To help unpack it all, we’re joined by leading global equities investors:

• Alex Pollak (Loftus Peak)
• Nick Griffin (Munro Partners)

Together, we cover:

• What’s really happening in the Iran conflict and why markets are reacting
• Oil above US$100 and the implications for inflation and interest rates
• Whether we are officially in a market correction phase
• The investment case for SpaceX, Anthropic, and Databricks
• How investors should think about AI, valuations and capital intensity
• Why ETFs like the BetaShares Nasdaq 100 ETF NDQ may be a smarter way to gain exposure

This is a market being pulled between fear and future and understanding how to position your portfolio has never been more important.

📩 Contact Us

If you’d like to discuss how these themes apply to your portfolio, feel free to reach out:

📧 cftgroup@shawandpartners.com.au

📧 info@cftgroup.com.au

⚠️ Disclaimer

This podcast is general information only and does not take into account your personal objectives, financial situation or needs. You should consider whether the information is appropriate for you and seek professional advice where necessary.

Felicity Thomas and Candice Bourke are Authorised Representatives of Shaw and Partners Limited (ABN 24 003 221 583, AFSL 236048).

Any views expressed are those of the presenters at the time of recording and may change. Past performance is not a reliable indicator of future performance.

Hosted on Acast. See acast.com/privacy for more information.

In this Order Pad episode of Talk Money To Me, Felicity revisits one of her highest-conviction ideas Silex Systems (ASX: SLX) and explains why this is no longer just a uranium story, but a strategic enrichment and energy security opportunity that the market may still be underpricing.

This episode breaks down:

• Why uranium is only part of the story and why enrichment is the real bottleneck
• How Silex’s laser enrichment technology is progressing towards commercialisation
• The significance of TRL-6 milestone achievement and what it unlocks
• The Paducah opportunity and why “tails re-enrichment” could be a game-changer
• The growing role of US policy and funding in nuclear fuel security
• Why a cooling uranium price (~US$84–85/lb) actually strengthens the investment case
• Valuation insights, broker targets, and what needs to happen next
• The key risks, timelines, and milestone-driven upside potential

This is not a broad market update it’s a deep dive into one high-conviction idea, how it fits within a portfolio, and why sometimes the best investments are the ones worth revisiting as the thesis strengthens.

As Felicity outlines, Silex sits at the intersection of:

• Nuclear energy’s long-term structural growth
• Western energy security and fuel independence
• A critical, underappreciated choke point in the fuel cycle

🎯 A must-listen for investors looking to understand where the real scarcity and opportunity sits in the nuclear value chain.

⚖️ Disclaimer

This podcast is prepared by Felicity Thomas a Financial Adviser at Shaw and Partners Limited (AFSL 236048). The information discussed is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether the information is appropriate for you and seek professional advice before making any investment decisions. Past performance is not a reliable indicator of future performance. Markets can and do move both up and down, and all investments carry risk.

All views are based on information available as at the time of recording (7 April 2026) and may change without notice.

SLX.ASX is trading around $5.20 - $5.30 at the time of this recording.

📩 Contact Us

If you’d like to discuss how this investment idea or broader portfolio positioning may apply to your personal situation, please reach out:

Shaw and Partners

📧 cftgroup@shawandpartners.com.au

Or connect with us via Talk Money To Me for more insights.

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Markets have just experienced one of the most volatile periods in recent years driven by geopolitical tensions, surging oil prices, and renewed concerns around inflation.

In this episode of Talk Money To Me, Felicity and Candice break down what’s really happening in global markets following the Iran conflict, why oil remains the key driver of inflation and interest rate expectations, and what the latest insights from global CIO Moz Afzal mean for investors right now.

We unpack:

• What changed overnight in markets and why equities rebounded
• The real impact of rising oil prices on inflation and rate cuts
• Why geopolitics (and not fundamentals) is driving volatility
• The significance of US$7.7 trillion sitting in cash
• Where professional investors are positioning portfolios today
• The key investable ideas we are focusing on right now

Including:

✔️ Energy & commodities as inflation hedges

✔️ Short-duration bonds and income opportunities

✔️ AI infrastructure and long-term growth themes

✔️ Credit vs private debt — is the illiquidity premium worth it?

Despite recent market swings, earnings remain strong and the opportunity set continues to build making this a critical time to stay disciplined and positioned for long-term growth.

📩 Get in touch

If you’d like help navigating markets like this or reviewing your portfolio strategy:

📧 cftgroup@shawandpartners.com.au

⚠️ Disclaimer

This podcast is prepared by Felicity Thomas and Candice who are advisers at Shaw and Partners Financial Services Pty Ltd AFSL 236048 and is for general information purposes only. It does not constitute personal financial advice and does not take into account your personal objectives, financial situation or needs. You should consider whether the information is appropriate for you and seek professional advice before making any investment decisions. Past performance is not a reliable indicator of future performance.

Recording 1st April 2026

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In this Order Pad episode, Candice Bourke takes a deep dive into what is happening globally with rising oil prices 🛢️, the Iran conflict, and how these macro events are accelerating one of the biggest investment shifts of our time the move toward renewable energy 🌱.

Candice breaks down how oil shocks impact inflation 📈, interest rates, and household finances, and explains why countries like China have been preparing for this environment by stockpiling oil while simultaneously investing heavily in electric vehicles 🚗, batteries 🔋, and solar infrastructure ☀️.

Candice also explores the investable opportunity in solar, highlighting First Solar (FSLR) as a current BUY idea with an attractive entry point.

Candice’s bullish conviction for FSLR includes:

• Strong revenue growth and profitability 📊
• High margins and a solid balance sheet with significant cash reserves 💰
• A large forward order book providing visibility on future earnings 📅
• Expansion of global manufacturing capacity 🏭
• Long-term tailwinds from energy security and global solar demand 🌞

The stock has a potential upside of approximately 25% to 50%, depending on execution and market conditions. Time will tell ⏳.

This episode connects global macro trends to real investment ideas, helping listeners understand not just what is happening in the world but how to position themselves financially 📌.

Disclaimer ⚠️

This podcast is provided by Shaw and Partners Limited ABN 24 003 221 583, AFSL 236048. Candice Bourke and Felicity Thomas are Authorised Representatives of Shaw and Partners Limited. The information contained in this podcast is general in nature only and does not take into account your personal objectives, financial situation or needs. It does not constitute personal financial advice, a recommendation, or an offer to buy or sell any financial product. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation and needs, and seek advice from a licensed financial adviser if required. All investments carry risk, including the risk of loss of capital. Past performance is not a reliable indicator of future performance.

Contact Us 📩

If you would like to discuss your portfolio or explore any of the ideas raised in this episode, please reach out to us:

📧 cftgroup@shawandpartners.com.au

Hosted on Acast. See acast.com/privacy for more information.

Australian Property Market Special

What do rising interest rates actually mean for your borrowing power, property strategy, and investment decisions in 2026?

In this episode, Candice Bourke and Felicity Thomas sit down with leading mortgage broker Mitchell Lobb from Distinctive Finance to break down what’s really happening in the Australian property market and where the smartest opportunities may lie.

Whether you're a first home buyer, seasoned investor, or business owner, this episode unpacks the real-world lending strategies most people don’t understand but absolutely should.

🔍 In this episode, we cover:

• What interest rate rises mean in practice for borrowers today
• Why waiting for rate cuts could cost you more than you think
• How banks calculate borrowing power (and why it varies so much)
• Strategies for self-employed borrowers & business owners
• When refinancing becomes a strategic move not just rate chasing
• Debt recycling explained simply (and why it’s back in focus)
• Structuring loans, offsets & equity across multiple properties
• The 2026 property market outlook where prices may be heading
• Top 3 things to do now if you want to buy property in the next 12–24 months

💡 Key takeaway:

In uncertain markets, structure and strategy matter more than ever and those who understand lending dynamics can unlock opportunities others miss.

👤 About our guest - Mitchell Lobb

Mitchell brings over 20 years of experience across NAB, ANZ, St.George and Westpac, including time as a Private Banker in Asia. He now works closely with clients to structure lending strategies that align with long-term wealth creation.

📩 Want help with your investment or property strategy?

Contact us: cftgroup@shawandpartners.com.au and we can faciliate a meeting with Mitch.

⚠️ Disclaimer

Candice Bourke and Felicity Thomas are Authorised Representatives of Shaw and Partners Limited. This podcast is general information only and does not constitute personal financial advice. You should consider your personal circumstances and seek professional advice before making any financial decisions. Information is current as at 4 March 2026.

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In this TMTM Order Pad episode of Talk Money To Me, Felicity Thomas takes a deep dive into AML3D Ltd (ASX: AL3) an Australian advanced manufacturing company using industrial metal 3D printing to produce large-scale components for industries like shipbuilding, utilities, infrastructure, energy and defence supply chains.

With a market capitalisation of under $100 million and the share price down more than 50% from recent highs, Felicity asks the key question investors care about:

Has the market mispriced the opportunity?

AML3D’s proprietary ARCEMY® additive manufacturing systems are designed to produce large industrial metal components using advanced robotics, welding technology and metallurgical science. These systems allow manufacturers to produce complex parts faster, locally and often at lower cost, helping reduce reliance on long and fragile global supply chains.

The company is positioning itself in a specialised niche within the global additive manufacturing industry, particularly producing large structural components used in shipbuilding and heavy industry — including work linked to the **United States Navy maritime industrial base.

In this 15-minute deep dive, Felicity breaks down:

• What AML3D actually does and how ARCEMY works

• The global additive manufacturing landscape

• Key international players including Lincoln Electric, Gefertec GmbH, and Desktop Metal

• How AML3D compares with Australian peers like Titomic Ltd and SPEE3D

• The company’s US expansion strategy and Ohio manufacturing facility

• Its $78 million potential pipeline of opportunities

• Revenue forecasts and the balance sheet position

• Why analysts believe the stock could have significant upside from current levels

AML3D sits at the intersection of several powerful structural themes:

• reshoring of global manufacturing

• advanced industrial technology

• additive manufacturing (metal 3D printing)

• shipbuilding and infrastructure investment

• modernisation of global supply chains

As always on Order Pad, the goal is simple to explore whether the market could be missing something important in the underlying business story.

⚠️ Disclaimer

This podcast is general information only and does not constitute personal financial advice. The views expressed are those of the host and have been prepared without taking into account your individual objectives, financial situation or needs.

Felicity Thomas is an Authorised Representative of Shaw and Partners Limited, holder of Australian Financial Services Licence (AFSL) 236048.

Before acting on any information discussed in this episode, you should consider whether it is appropriate for your circumstances and seek independent professional advice.

Investing in small capitalisation companies involves higher risk, including potential loss of capital. Past performance is not a reliable indicator of future performance.

If you want the latest research report email cftgroup@shawandpartners.com.au

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