37 | Joseph Daoud: Why Australia's 2026 Budget Is Hurting Small Business

Welcome to Point Zero One – Hosted by Allen Fu. This podcast is about real stories, real strategies, and real results. No fluff—just insights from the best in the game.   What does it take to completely reinvent your life and build one of Australia's top mortgage businesses? In this episode of the Point Zero One Podcast, we sit down with mortgage broker Joseph Daoud to unpack an incredible journey of discipline, resilience, and entrepreneurship. Joseph opens up about leaving high school weighing 131kg, losing 51kg, competing in bodybuilding, becoming one of Australia's first Uber drivers while studying economics and mathematics, and eventually building a career at Macquarie Bank before launching his own mortgage broking business. Today, Joseph specialises in helping self-employed Australians navigate complex lending policies, writing $249 million across 366 loans in a single year, with around 65% of his clients being business owners. The conversation also dives into Australia's 2026 Federal Budget and why Joseph believes it unfairly penalises ambition, entrepreneurship, and small business. He shares the story behind his "Stop the Ambition Tax" campaign, placing billboards at Canberra Airport, and even spending $16,500 at a charity auction for the opportunity to speak directly with the Prime Minister about proposed reforms. Whether you're self-employed, buying property, running a business, or simply looking for inspiration, this episode offers valuable insights into finance, entrepreneurship, and personal growth. 💡 What You’ll Learn in This Episode: ✅ Joseph's remarkable weight loss and mindset transformation ✅ Becoming one of Australia's first Uber drivers ✅ Building a successful mortgage broking business ✅ Why self-employed borrowers face unique lending challenges ✅ The credit policy differences most borrowers never hear about ✅ How Joseph settled $249 million in home loans in one year ✅ Australia's 2026 Budget and the impact on small businesses ✅ The "Stop the Ambition Tax" campaign ✅ Lessons on discipline, resilience and long-term success   🎙️ Subscribe to Point Zero One Podcast for more conversations with entrepreneurs, innovators, and industry leaders sharing the pivotal moments that shaped their success.   Follow Point Zero One Podcast on socials for more shorts: Instagram: https://www.instagram.com/pointzeroonepodcast/ TikTok: https://www.tiktok.com/@pointzeroonepodcast Youtube: https://www.youtube.com/@pointzeroonepodcast LinkedIn: https://www.linkedin.com/company/point-zero-one-podcast/   Listen To Point Zero One Podcast on: Spotify: https://open.spotify.com/show/6HoWv69lt1E2DmT1Z1evkM?si=5ef647df42404c41 Apple: https://podcasts.apple.com/us/podcast/point-zero-one-podcast-w-allen-fu/id1814030515 Amazon: https://music.amazon.com/es-cl/podcasts/83ad3f1a-f7a2-4c6c-9bff-462a6d7f32e1/point-zero-one-podcast-w-allen-fu   Make sure to subscribe and keep up to date! We drop new episodes every Wednesday at 6pm.   Want to be a guest on the podcast? Apply here: https://forms.gle/rGKdmMfaVSZhwgBA8   Connect with: Website: https://itssimple.com.au Instagram: https://www.instagram.com/joetchandon/ LinkedIn: https://au.linkedin.com/in/joseph-daoud   #PointZeroOnePodcast #JosephDaoud #MortgageBroker #PropertyAustralia #HomeLoans #SelfEmployed #SmallBusiness #AustralianProperty #Entrepreneurship #FinancePodcast