Leon Gettler awam
[search 0]
lebih
Download the App!
show episodes
 
Here's the week's business, finance and economics news - in just 30 minutes. In the meantime you can catch me on Facebook, Twitter and LinkedIn. And if you want leave a comment. Wishing you all a safe and healthy week. And looking forward to bringing you Talking Business next week Follow my socials on: https://twitter.com/leongettler https://www.instagram.com/leongettler/ https://www.linkedin.com/in/leongettler/ https://www.linkedin.com/company/leongettler/ https://www.facebook.com/talkingbu ...
  continue reading
 
Loading …
show series
 
The cheap Aussie airline Bonza, which is majority owned by Florida-based private investment firm 777 Partners, has appointed a voluntary administrator to run the discount regional airline after the company behind its aircraft provider repossessed its planes in Australia Star Entertainment chair David Foster latest to depart amid Sydney casino inqui…
  continue reading
 
Australia’s inflation comes in higher than expected at 3.6%. Service inflation is the main culprit holding back progress. Insurance premiums jumped by their most in 23 years, rents grew at their fastest annual pace face in 15 years, and education fees saw their largest quarterly rise in 12 years. You can forget about a rate cut this year! Australia…
  continue reading
 
Tesla is slashing headcount by more than 10%, or 140,000 jobs, as part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for electric vehicles. Outgoing Woolworths boss Brad Banducci was threatened with six months in jail for contempt of the Senate after he refused to directly answ…
  continue reading
 
In an important report, the IMF has found Australian households are more sensitive to changes in interest rates than virtually any other consumers globally because of the dominance of variable-rate mortgages, high levels of household debt and lax lending rules. The Albanese government will push insurers to cut costs for households that take steps t…
  continue reading
 
In an extraordinary development in the Lehmann vs Ten defamation case, a former producer on Seven’s Spotlight program besmirched Bruce Lehrmann’s credibility by alleging he had received perks totalling tens of thousands of dollars including a $361 steak and reimbursement for the cost of sex workers and illicit drugs before he signed an exclusive in…
  continue reading
 
In an extraordinary development in the Lehmann vs Ten defamation case, a former producer on Seven’s Spotlight program besmirched Bruce Lehrmann’s credibility by alleging he had received perks totalling tens of thousands of dollars including a $361 steak and reimbursement for the cost of sex workers and illicit drugs before he signed an exclusive in…
  continue reading
 
Data from research firms show the number of people using X daily is falling, more than a year after tech billionaire Elon Musk bought the app formerly known as Twitter. Australian unions will push for a 5% increase to the minimum wage for more than 2.9 million workers, while employers will demand a major pay slowdown to offset record increases that…
  continue reading
 
The RBA keeps rates on hold but says the board isn’t “ruling anything in or out” on interest rates. A new report forecasts housing supply to fall off a cliff over the next two years putting the Australian government further behind its ambitious housing targets. Uber will pay over $272 million to Australian taxi drivers to compensate them for lost i…
  continue reading
 
Much to the dismay of Fed Chair Powell, US CPI is HOT. Headline CPI inflation increased 3.2% Y/Y, accelerating from 3.1% in January. After this data, Fed rate futures are pricing in only 1% odds of a rate cut at the next FOMC meeting. It also dents Biden’s re-election chances. CreditorWatch has warned more businesses will go under in the coming mon…
  continue reading
 
China sets ambitious economic growth target of ‘around 5%’ for 2024, as leaders aim to restore confidence in faltering economy. Rocked by a series of money-laundering scandals, Australia’s casinos are looking beyond hard core gaming to a safer bet – ­tourists. Business-related personal insolvencies are on the rise, as personal guarantees catch up w…
  continue reading
 
Universities could soon be facing major funding changes as the biggest review of the sector in decades calls for a radical reshaping of the tertiary education sector. The tax office is investigating a suspected $180 million tax fraud by a top formwork contractor in the construction industry that could end up as the biggest tax fraud in Australian c…
  continue reading
 
The banking oligopoly looks to be entrenched. It seems that the takeover of Suncorp bank by ANZ allowed by the Competition Tribunal despite ACCC objections. Competition law in Australia is a joke. Research undertaken by the OECD has concluded that those parts of the country with the highest level of migrants tend to have the highest productivity. F…
  continue reading
 
Sydney house prices force thousands of young families out of NSW, productivity commission says. At least 150 Australian Tax Office officials have been implicated in the TikTok tax fraud where tens of thousands of Australians learned how to game collecting GST. Australia is going after X. Communications minster, Rowland warns that when new laws are …
  continue reading
 
Although the RBA maintained its cash rate at a 12-year high of 4.35% — as predicted by economists – its quarterly forecasts showed inflation will only hit the midpoint of its 2-3% target band in 2026. Looks like interest rate cuts could be some time away. Utes, four-wheel drives and other light commercial vehicles could be phased or priced out of t…
  continue reading
 
Hong Kong court orders liquidation of troubled Evergrande echoing Lehman Brothers' collapse. Banks, suppliers, and property owners in China take a massive hit. The real estate crisis poses a threat to its economy's recovery. Experts say Changes to Stage 3 means the government is aligning better to tax design principles and relieves pressure on fami…
  continue reading
 
What does Chemist Warehouse's Australian merger mean? The long-term cost of the federal government’s debt interest bill has blown out by $80 billion since the May budget, overtaking the NDIS. Australia’s insurance giants warn premium costs will spiral beyond the reach of more households unless homes are relocated from high-risk areas & planning law…
  continue reading
 
Chalmers appoints Bank of England economist Andrew Hauser as the next deputy governor of the RBA, a rare external appointment of an expert who will help shepherd the central bank through its biggest changes in decade Fallen war hero Ben Roberts-Smith has been dealt another huge blow, ordered to pay more costs in his failed defamation trial. ASX-lis…
  continue reading
 
Sam Altman is back at OpenAI as CEO, Greg Brockman, and the rest of the team is reinstated. Guess what? Open AI has new board members. Fresh RBA minutes from its Melbourne Cup Day meeting revealed the central bank had left the door open for further rate hikes should inflation prove persistent. Kelly Bayer Rosemarie has stood down as OPTUS CEO. She …
  continue reading
 
Moody's changes the outlook of America's debt to negative, putting the US one step closer to losing its last perfect credit rating. Fears of soaring prices and shortages as Australian Federal Police investigate a major cyber-attack against Australia's ports. Optus, Telstra and other major telco boards required to sign off on a new or updated cyber …
  continue reading
 
Europe's PMI stats signal looming recession - darkest forecast since the financial meltdown & COVID slump. Unlucky 13. We have seen the 13th increase in official interest rates by the RBA since May last year. Cash rate now at 4.35% The number of Australian companies that collapsed in October soared 43%. ASIC sues TelstraSuper for failing more than …
  continue reading
 
The World Bank is warning that even a small disruption to crude supplies due to escalating Middle Eastern conflict could remove between 500,000 and 2 million barrels a day from global markets and reach $157 a barrel. A massive trade deal between Australia and the European Union appears all but doomed after "endgame" negotiations between the two sid…
  continue reading
 
Central banks are losing the fight against inflation. The 2 Year Treasury Bond, one of the benchmarks of whether Inflation is rising or declining, has hit a 16 year high with a Yield of 5.02%. Being rich is my superpower’ Tapes reveal cardboard mogul Anthony Pratt paying monthly retainers of $25K to Paul Keating and $8k to Tony Abbott while Prince …
  continue reading
 
Australia's eSafety commission fines Elon Musk's X $610,500 for failing to meet anti-child-abuse standards. A new cloud forms over global economy as Middle East conflict threatens recovery, warns IMF chief. Cryptocurrency advocates are tipping the price of bitcoin to reach $US100,000 within the next five years. By the time the Yes campaign kicked o…
  continue reading
 
Virgin surfs post-COVID boom to first profit in 11 years. The Israel-Hamas war sends Aussie petrol prices skyrocketing. Senate committee suggests the Albanese government denied Qatar Airways more flights into Australia to protect Qantas’ market share and keep airfares high. The big four banks slash 2000 jobs. Boral says spiking electricity prices a…
  continue reading
 
Australian construction sector insolvencies have surged over the past three months as costs for everything from materials to insurance continue to blight the troubled $360bn industry. ACCC report finds the average Australian family with two children under three is spending up to 16% of their household income on child care, ranking Australia 26th ou…
  continue reading
 
Soaring petrol prices pushed inflation higher in August Rupert Murdoch will be entitled to pension benefits worth nearly $219 million from his US operation Fox Corp. Super fund HESTA warns the largest listed companies it intends to vote against male directors of boards with low female representation. Qantas shareholders have demanded chairman Richa…
  continue reading
 
Cyber criminals already using generative artificial intelligence to craft more persuasive scams ASIC warns that company directors could be in breach of their duties if their companies fail to adequately deal with cyberattacks Research reveals that almost every person in NSW and Queensland was hit with a natural disaster in the past 12 months Qantas…
  continue reading
 
World leaders agree a strategic effort to counterbalance Chinese influence Prized Australian tourism and holiday destination Hamilton Island looks set to sell with its current owners understood to be discussing the move. News Corp CEO Robert Thomson warns AI will create a "tsunami" of job losses at publishers. Gina Rinehart has not ruled out launch…
  continue reading
 
Qantas announces that Alan Joyce has stood down as CEO of Qantas early. For the first time, Qantas is ahead of schedule. Forrest empire exodus spreads with two more CEOs leaving, The Australian arm of Hilton Worldwide has gone to battle with the Australian Tax Office over allegations that it hasn't paid over $80 million in taxes, penalties and inte…
  continue reading
 
Qantas CEO Alan Joyce has been grilled over the airline's contribution to the cost of living crisis during an inquiry conducted by the Senate. The Morrison Government’s Modernising Business Register, designed to save business money, blew out by $2 billion. 460 company directors urge "yes" vote in Voice referendum calling constitutional recognition …
  continue reading
 
China’s $18 trillion economy is decelerating, consumers are downbeat, exports are struggling, prices are falling and more than one in five young people are out of work. Australia is set to lose it’s AAA credit rating because of ‘Climate Change’ Optus is the most distrusted brand in Australia in the 12 months to June 2023, replacing Facebook/Meta fo…
  continue reading
 
Russian rouble falls to 16-month low against US dollar Major companies like Unilever, Siemens, and Maersk are increasingly turning to artificial intelligence to navigate complex supply chains, address geopolitical tensions, and ensure environmental and human rights compliance. Australia’s richest person Gina Rinehart committed “egregious fraud” and…
  continue reading
 
How far back does the PwC tax leaks scandal go? The battle between the ATO and PwC has been going for at least six years. Consulting firms caught promoting tax exploitation schemes will be fined up to $780 million, a 100-fold increase, under the Albanese government’s sweeping response to the PwC tax leaks scandal KPMG overcharged Defence while raki…
  continue reading
 
Could the RBA’s aggressive rate hike cycle be over? Electric vehicle sales surge in Australia with more sold in the first half of 2023 than in all of 2022 Ben Roberts-Smith’s key supporters at Seven West Media forced to hand over thousands of documents showing their involvement in the former soldier’s failed defamation case DFD Rhodes stakes claim …
  continue reading
 
Elon Musk’s decision to turn Twitter into X wiped out anywhere between $4 billion and $20 billion in value, according to analysts and brand agencies Kathryn Campbell quits top defence job after robodebt royal commission report. Let’s see where she turns up next. Australian home loan delinquency rates are on the rise with 1.41% of all home loans in …
  continue reading
 
New RBA governor Michele Bullock has warned unemployment has to reach 4.5% in the next 18 months to tame persistently high inflation. Philip Lowe has used his final foray on the world stage to blast governments and political leaders for their indolence on structural reforms to boost productivity growth, imperilling ­material living standards, worse…
  continue reading
 
Meta's Twitter rival Threads overtakes ChatGPT as fastest-growing platform China on brink of consumer deflation Kathryn Campbell goes on leave - – a day before the robo-debt royal commission makes its damning findings against her. Prominent class action lawyer Peter Gordon is seeking compensation for victims of robo-debt, the illegal welfare debt r…
  continue reading
 
The RBA holds cash rate at 4.1% but keeps the door open for a rate hike in August, citing ongoing concerns around the trajectory of inflation PwC finishes up internal investigations into, booting out people. It still faces the Switkowski review, on-going Senate inquiries, the AFP criminal investigation and the potential National Anti-Corruption Com…
  continue reading
 
Follow my socials on: https://twitter.com/leongettler https://www.instagram.com/leongettler/ https://www.linkedin.com/in/leongettler/ https://www.facebook.com/talkingbusinesspodcast https://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi…
  continue reading
 
PwC tax leaks: Parliament demands names of 63 partners and staff caught up in saga Australian Treasury slammed in ANAO audit for failing to fix country’s the country’s $75 billion black economy Westpac and ANZ economists believe a per-capita recession – two quarters of negative growth in gross domestic product per person – is likely in the next yea…
  continue reading
 
Australia’s leading super funds halt future contracts with PwC amid tax scandal fallout Consumer sentiment at "recessionary levels" - Westpac: Aged Care Minister Anika Wells says the government has a “genuine duty to deliberate” a levy on taxpayers to help fund a better-aged care system. Westpac will sack about 300 of its staff in its business and …
  continue reading
 
The treasurer, Jim Chalmers, has signed the cheque’s death warrant to end its use in Australia by 2030. Australia's misery index has skyrocketed & is almost on par with the GFC period. PwC has identified a list of 76 current or former partners associated with its tax leaks scandal, handing over their names to Australian lawmakers Australian Competi…
  continue reading
 
Nvidia chief Jensen Huang says AI is creating a ‘new computing era’ The strength of the Qantas brand has been dented by high airfares, negative publicity and performance issues, according to new analysis of the world’s top airlines. Australians have enthusiastically embraced champagne since the end of lockdowns and Covid-19 restrictions, propelling…
  continue reading
 
Economists say US can weather ongoing crises, but recession remains on the table Facebook’s parent Meta has been ordered to pay a record $1.3 billion (€1.2 billion) fine by the European Union, for failing to adhere to the bloc’s stringent privacy rules UBS says food price inflation is continuing to climb as its Australian supermarket price tracker …
  continue reading
 
Linda Yaccarino: an advertising veteran enters the wild world of Musk’s Twitter Former RBA Governor Glenn Stevens warns that interest rates are unlikely to fall amid a 'once-in-a-generation' inflation battle PwC targeted Apple, Google, Microsoft with leaked tax plan PwC tax leak crisis could see more executive heads roll with corporate veteran Zigg…
  continue reading
 
A complete analysis of the Albanese government budget. Jenny Craig will close its doors after nearly four decades “due to its inability to secure additional financing" Australia’s 30 largest superannuation funds have increased their exposure to industries with high greenhouse gas emissions, despite many commitments to net zero, PwC CEO stands down …
  continue reading
 
The second largest bank collapse in American history took place as the Biden admin seized First Republic Bank and JP Morgan Chase Bank swooped in to assume all of the deposits for insured and uninsured. The big banks again get bigger with the help of the US government. RBA surprises with 25 bps rate hike; cash rate raised to 3.85%. Time for a pause…
  continue reading
 
Analysis of Fox sacking Tucker Carlson, one week after the settlement with Dominion, Twitter is adding verified check marks to the accounts of dead celebrities, making them look like paid Twitter Blue subscribers Central bankers are loading up on gold as geopolitical tensions including the war in Ukraine rise News Corp co-chairman Lachlan Murdoch’s…
  continue reading
 
China will be the top contributor to global growth over the next five years, with its share set to be double that of the US, according to the International Monetary Fund A last minute settlement has been reached in the defamation lawsuit against Fox News, sparing Murdoch a damaging trial. The settlement comes after the case looked quite horrific fr…
  continue reading
 
The International Monetary Fund trims its global growth outlook and warns recession risks have grown on tremors in the banking sector. Grattan Institute says the Australian government should reduce deficits by redesigning the stage 3 tax cuts, raising the GST to 15%, cutting superannuation tax concessions and reining in the NDIS Milkrun has gone bu…
  continue reading
 
Loading …

Panduan Rujukan Pantas

Podcast Teratas