Talking Business

"Yes, Everyone Really Is Sick a Lot More Often After Covid" It's not your imagination: Around the world, people really are getting sick more often than before the pandemic.The Reserve Bank of Australia keeps interest rates at 4.35% with potential hikes if inflation persists amid economic uncertainty, slow growth and federal and state government budget spending stoking inflation.The Albanese government will introduce laws to split the CFMEU and allow its manufacturing division to leave the union in response to John Setka's war with the AFL over the past weekBupa Australia plan to open up to health hubs providing GP services, allied health and pathology to deliver flexible, convenient healthcare options for Australians and take pressure off EDs.One of Gil McLachlan's new jobs is at Blackstone, which advises Crown and where the chairman of private equity is his cousin. Potential conflicts aside, that, his other job is as CEO of Tabcorp so soon after leaving the AFL. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

"Yes, Everyone Really Is Sick a Lot More Often After Covid" It's not your imagination: Around the world, people really are getting sick more often than before the pandemic.The Reserve Bank of Australia keeps interest rates at 4.35% with potential hikes if inflation persists amid economic uncertainty, slow growth and federal and state government budget spending stoking inflation.The Albanese government will introduce laws to split the CFMEU and allow its manufacturing division to leave the union in response to John Setka's war with the AFL over the past weekBupa Australia plan to open up to health hubs providing GP services, allied health and pathology to deliver flexible, convenient healthcare options for Australians and take pressure off EDs.One of Gil McLachlan's new jobs is at Blackstone, which advises Crown and where the chairman of private equity is his cousin. Potential conflicts aside, that, his other job is as CEO of Tabcorp so soon after leaving the AFL. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Peter Costello resigns. He is succeeded by Catherine West, a former Murdoch executive with Sky in the UK.The Chemist Warehouse-Sigma merger will give the company nearly half the market.Bain bids $1.83 billion for Bapcor amid market challenges.Bonza's administrators sacks all staff as prospects for a sale dry up. Lion, one of the largest drinks groups in the world, intends shutting a craft brewery in inner Sydney that has been operating for 36 years. Rising costs, a shrinking beer market and consumer spending cutbacks have taken their toll. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Rupert Murdoch locks in his fifth marriage (and his molecular biologist wife her third marriage). Just the odds!Australia's GDP growth for the March quarter was an anaemic 0.1% So annual growth has slipped to 1.1%. Australia remains in a per capita recession as we have been since late 202Yoga instructors, martial artists and dog handlers have beaten some construction trades to a spot on the government's draft priority skills list for migrants, despite the dire need for workers to tackle Australia's housing crisis.Fair Work Commission warns that stalled productivity and falling profits in Australia's retail and hospitality industries remain barriers to reversing the fall in real wages since the pandemicAustralian business failures tracking at the highest rate since the aftermath of the global financial crisis combined with mortgage and cost of living pressures are seeing a rapidly rising number of personal insolvencies.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Inflation has risen for a second month to 3.6% in the year to April, confounding expectations that consumer price growth would restart its downward trend:Lend Lease exits overseas markets, waving the white flag and finally agreeing with what investors have told it for years: it's just too hard.Research has found that migrants in Australia are driving Ubers and not working in skilled jobs.Australian business failures are tracking the highest rates since the aftermath of the Global Financial Crisis.Sexual harassment and workplace scandals at Nine Entertainment and Country Road.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

RBA minutes confirm a tightening bias, but it's reluctant to hike. This, as consumer sentiment remains deeply pessimistic with just over half expecting rate rises to resume over the next 12 months. Macquarie Group economists estimate there is a 50% chance of recession this year, as the “trap” of high migration unwinds and high interest rates leave the private sector in “stagnation”.A setback for Peter Dutton's nuclear energy plans with the CSIRO estimating the nation's first large-scale nuclear power plant could cost as much as $17 billion in today's dollars, and would not be operational until at least 2040.Liberal Senator Linda Reynolds and her former staffer Brittany Higgins fail to reach an agreement in a second round of mediation.Telstra slashes its workforce by 9%.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Chalrmer's election budget promises inflation will give voters a Christmas by returning to the RBA's 2-3% target by the end of the year. The question is whether the RBA agrees.Small business is likely to be underwhelmed by the Budget which only announced investment initiatives for select industries only.A big victory for Elon Musk. An Australian federal court judge has shut down the Australian eSafety Commissioner's argument in its legal battle against

Higher for longer and rates might go up again: That's the message we've got from the Reserve Bank of Australia on interest rates. Rating agencies have put the Victorian government on notice after it revealed state debt would climb to $188 billion in a budget that failed to cut spending The scale of the Bonza collapse has been revealed in court with almost 60,000 customers affected and lawyers claiming they would need a stadium to hold the thousands of creditors. Perpetual will be broken up and its 138-year-old name sold to private equity giant KKR as part of the biggest overhaul in its history. The Australian Taxation Office is ramping up action against company directors as it chases $2.5 billion in unpaid taxes from businesses that have failed to pay superannuation, pass on GST or pass on income tax of employees. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 AustraliaStar Entertainment chair David Foster latest to depart amid Sydney casino inquiry. Twitter Australia is expected to be wound up by the end of 2024 after new documents filed with the corporate regulator show it reported just $3.4 million in revenue in the first half of 2023, plunging more than 80%The corporate watchdog has raided a Gold Coast-based cryptocurrency miner, which allegedly encouraged investors to put their super into crypto products without a financial licence, amid fears $62 million put in by savers would disappear.The growing scandals now swirling around leading shopping giant Super Retail Group is quickly turning into a soap opera with fresh accusations of a cover up of an alleged undisclosed affair between Super Retail chief executive Anthony Heraghty and his former head of human resources.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 will cut the growth outlook for most major economies, including key trading partner China, when it releases its budget next month. Free-to-air broadcasters are preparing for a furious lobbying effort to change proposed laws that put at risk one of their crucial sources of revenue, live sport, as new figures show young viewers have all but switched off their networks. Major supermarkets are accused of confusing and potentially misleading consumers with promotional labels which do not always reflect genuine discounts as Australians continue to struggle with the rising cost of groceries. The federal government's eSafety commissioner won an emergency injunction in the Federal Court late Monday to force Elon Musk's X to remove videos of last week's Sydney terrorist attack after the billionaire mocked earlier take-down demands.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 answer questions about a profit metric, in a fiery Greens-led Senate hearing that went off the rails on Tuesday. Greens are accused of grandstanding instead of focusing on cost of living.Leading defamation lawyers and academics say Bruce Lehrmann's spectacular defamation defeat will make high-profile litigants think twice before rushing to court to redeem their reputations.Star Entertainment's chairman and former chief executive privately schemed to wage war on the casino regulator and considered engaging shareholders in a class action against a NSW government-appointed manager.Major Australian media companies reeling from the prospect of losing $300 million in advertising revenue from a government crackdown on gambling advertising now face an even more expensive blow from a possible ban on junk food ads.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 to reduce their risks amid soaring double-digit premium growth that is expected to continue in 2024.Craig Emerson's interim report into the behaviour of big supermarkets recommends massive fines for those who abuse their buying power to unfairly treat farmgate suppliers. Seven's investigative program, Spotlight, will make its return on Sunday April 14. That's despite concerns the fact the ­beleaguered current affairs show could be hit by a public backlash over scandalous claims that emerged about the network last week.The head of Mayfair, James Mawhinney, who has been charged with four counts of engaging in dishonest conduct, faces a lengthy time in jail. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 interview deal with the network.Paula Hitchcock says she regularly attended the billionaire Pratt family's weekly Shabbat at the invitation of her biological ­father, Richard Pratt, and his wife Jeanne.The Australian economy is in the middle of a “perfect storm” with insolvencies rising to an almost decade high last month as businesses struggle with crushing debt and a shortage of cash.One of Australia's top green energy superpower advocates says it is unclear whether the nation has a comparative advantage in the solar panel industry that the Albanese government is propping up with $1 billion of support, including in regions facing the likely loss of thousands of coal-fired power station workers, some earning up to $170,000.British Formula One racing team McLaren has teamed up with the Great Barrier Reef Foundation to help accelerate the restoration of coral on one of Australia's biggest tourism drawcards.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 interview deal with the network.Paula Hitchcock says she regularly attended the billionaire Pratt family's weekly Shabbat at the invitation of her biological ­father, Richard Pratt, and his wife Jeanne.The Australian economy is in the middle of a “perfect storm” with insolvencies rising to an almost decade high last month as businesses struggle with crushing debt and a shortage of cash.One of Australia's top green energy superpower advocates says it is unclear whether the nation has a comparative advantage in the solar panel industry that the Albanese government is propping up with $1 billion of support, including in regions facing the likely loss of thousands of coal-fired power station workers, some earning up to $170,000.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktopBritish Formula One racing team McLaren has teamed up with the Great Barrier Reef Foundation to help accelerate the restoration of coral on one of Australia's biggest tourism drawcards. Hosted on Acast. See acast.com/privacy for more information.

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 “overcompensated” for inflation.Jacqui Lambie will demand the Liberals agree to boost transparency in Tasmania's political system, and rethink plans for a $715 million AFL stadium in Hobart, in exchange for a deal to return Premier Jeremy Rockliff to power.Peter Dutton has committed the Coalition to develop laws that could extend to forcibly breaking up Coles and Woolworths. Basically, he has stopped the Nationals working with the Greens to rein in supermarket power, telling Coalition MPs that the Coalition will not use the Greens for economic leadership.Despite worsening affordability, rising cost of living and rate hikes, CoreLogic data shows that property prices rose 8.9% in February driving up the cost of rent way over inflation, thanks to the undersupply of housing and high migration. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 income because it entered the Australian market.Australia's second biggest telco, Optus, could be partially offloaded to the Canadian private equity titan in a blockbuster deal valuing the company at $16bn. It will be the biggest foreign investor to foreign investor sale in Australian history.Corporate Australia risks heightening Australia's skill shortage as a chunk of large businesses look to slash learning and development budgets this year to combat a deterioration in the economy. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 months as cost pressures from interest rates, inflation, wages and labour shortages bite deeper with payment defaults hitting a record high in February.Billionaires such as Clive Palmer and Mike Cannon-Brookes will have their influence on politics dramatically curtailed as Labor moves to remove big money donations in the biggest shake-up to Australian election rules in a generation.Wealthier Australians will pay more for aged care under a long-awaited government review, which calls for retirees to make rental contributions instead of large lump sum deposits to live in nursing homes.Opposition Leader Peter Dutton amplifies his case for nuclear to play a central role in Australia reducing its emissions.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 with directors of previously wound-up businesses. Australia's cost-of-living crisis appears to be easing on several fronts but one key household expense continues to climb sharply and painfully: insurance. The possibility of an ACCC investigation of the big four has emerged during an inquiry into the sector due to concerns their behaviour in the audit market resembles an “oligopoly” Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 corporate history.Australia's big four consulting firms have seen the value of contracts awarded by the Commonwealth nearly halve in value following the federal government's cold war against the sector after the PwC tax scandal.French building giant Saint-Gobain has sealed a $4.32bn takeover offer for CSR that includes accepting liability for the Australian company's asbestos claims.Optus is laying off almost 200 staff from the company after cutting 600 jobs last year which the union says had a major impact during the telco's national outage in November.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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.Four Corners reveals that Coles and Woolworths have been profiting from higher prices at the check-out, despite repeated assurances from the supermarket giants that they're doing everything in their power to keep grocery bills down.Star Entertainment is on the verge of losing a lucrative licence to operate one of two Sydney casinos after the NSW regulator launched an independent inquiry into whether the company had fixed major cultural failures.Seven Group, headed by billionaire Kerry Stokes and his family, already owns nearly 72% of Boral, and the bid is designed to mop up the rest of the company.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 introduced X faces fines for 5% of annual turnover if they don't stop mis and dis- information Australian senators say they have “no confidence” and are “worried” about PwC's ethical practices as it continues to withhold a global report on its misuse of government information from the inquiry into consulting services What to make of the sudden departure of more top female talent from Australia Post's executive teamFollow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 the market under Chris Bowen's long awaited vehicle efficiency standards.A PwC partner that the firm incorrectly publicly linked to its tax leaks scandal is planning to sue it for defamation after mediation talks between the parties fell apart. Renewable energy developers are facing a new ratings system to weed out “cowboys” from the ­industry, The deputy chair of the corporate regulator has warned the financial sector may not have learned the lessons of the landmark Hayne royal commission, noting many companies continue to make similar mistakes in dealing with customers. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 families disproportionately affected by the cost-of-living crisis. Assistant Treasurer Stephen Jones says the government is not done yet with its response to the PwC tax scandal, with more reforms on the horizon to take on the big four audit firms. Analysts warn the nation's top supermarkets, Woolworths and Coles, could undershoot profit expectations over the next two years Australian Retail sales slump in December in a hangover from Black Friday.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 laws consider natural disasters.Luxury property, cars, boats and cash worth $110 million have been seized from the country's biggest money-laundering ring by Australian Federal Police.Morry Schwartz steps aside as chairman of independent publisher Schwartz Media. His contribution to Australian media has been enormous, and so many owe him so much, both as writers and readers Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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-listed Seven West Media's TV network will continue paying the rent of former Liberal staffer and accused rapist Bruce Lehrmann in Sydney until June next year The millions of Australians and thousands of businesses left without phone and internet service during the crippling Optus outage are being asked to make submissions to a government-led review, Australia becomes the first country to limit vaping.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 should get a generous payout as she goes. Say about 200 Terabytes of OPTUS mobile data? Iconic Australia hatmaker Akubra is set to change ownership for the first time in five generations after being snapped up by Andrew Forrest. Australia's top housing markets will see falls next year as interest rate hikes hit households just as the economy slows, according to forecaster SQM Research Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 risk management program every year or face hundreds of thousands of dollars in penalties.Singtel-owned Optus says routine software upgrade caused the massive 14-hour network outage. A network shouldn't implode so spectacularly because a software upgrade was run.The opposition of Australia's biggest super fund to the Brookfield bid for Origin virtually ensures the deal won't get up. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 200 times to respond to customer complaints. It's the first time a retirement fund has been sued for this type of alleged misconduct.Sydney jewellery shop and its owner ordered to pay a record amount of general damages for sexual harassment Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 sides collapsed before they even began.Deloitte report finds Australia's insurance industry was underprepared for floods that lashed the east coast last year, with antiquated technology and a lack of skilled staff, tradies and materials turning the disaster into a gruelling experience for many of its customers. Qantas refutes claims it knowingly sold tickets for flights which were never planned to depart, in the embattled airline's first legal response to the ACCC's bombshell court action. Watch out for those ASX zombie companies warns KPMG. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 Charles received $182,000 in 2021. Pratt also bought access to Trump.Uber's surge plan to bring 10,000 electric vehicles into Australia.Barriers to women fully participating in the workforce are costing the Australian economy $128 billion.Major proxy advisers recommend investors reject Qantas' executive pay scheme and have demanded more details over why the board has not sanctioned the airline's management financially over an adverse High Court ruling and its flight credits saga.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 off its final, multimillion-dollar advertising blitz, it was too late – opponents of a Voice to parliament had been running consistent, targeted messages in key states for more than eight months.' Big story that could ripple into the future: Australia's richest woman Gina Rinehart raided lithium miner Liontown's shares so hard it scared off a US suitor. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 and Australia's patchy energy transition are prompting the country's biggest cement, concrete and asphalt producer to temporarily halt manufacturing. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 out of 32 countries in the OECD. Coal power hits a new low in Australia when rooftop solar supplies 51% of total demand on the National Electricity Market Australian colleges that target international students will be banned from paying commissions to agents who facilitate poaching from universities and other colleges, under reforms to limit widespread rorting of the visa system. The South African owners of Country Road Group plans to open new stores and potentially expand overseas Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 Richard Goyder's resignation and placed the rest of the airline's board on noticeCouncil of Financial Regulators warns about the impact of the China slowdown on Australia. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Cyber criminals already using generative artificial intelligence to craft more persuasive scamsASIC 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 monthsQantas chairman Richard Goyder faces a fresh battle to keep his job after a leading industry group called for his dismissal over a board decision to engage Boston Consulting Grou The average chief executive pay at some of Australia's biggest companies is more than $5m, and dozens received double-digit salary increases, according to annual reports and other information released during the recent profit reporting seasonFollow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 launching a bid to rival Albemarle's $6.6 billion takeover tilt at Liontown Resources after confirming she now holds a strategic stake close to 8% in the West Australian lithium prize. CSL targets $33bn asthma market with new drugFollow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 interest. ASIC takes Westpac to court, alleging it failed to respond to hardship notices in time. Warnings that hotter, drier days caused by the looming El Nino are forecast to wipe $12 billion off the value of agricultural production this financial year. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 a critical step towards a more inclusive Australia. Fortescue Mining boss Fiona Hick leaves as profits fall and dividends cut. Analysts say the lack of explanation of Hick's departure and the attempt to spin Otranto's appointment as planned is an insult to investors. 1.5 million (29.2%) Australian mortgage holders were ‘At Risk' of ‘mortgage stress' in the three months to July 2023. This period encompassed two interest rate increases of 0.25% taking official interest rates to 4.1% in June. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 for the first time since Roy Morgan began measuring trust and distrust in 2018. Telstra, News Corp and Amazon round out the top fiveThe latest intergenerational report forecasts annual average growth of 2.2% over the next 40 years, which would be the lowest since World War II, and 0.9 percentage points lower than the average annual growth of the past 40 yearsSolomon Lew's Premier considers demerger following CEO Murray's shock exit Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 then lied about it, a trial over billions of dollars in iron ore riches has been told. Australian home insurance premiums jumped the most in two decades, driven in part by weather catastrophes A Treasury review into secrecy laws that bind the Tax Office will consider the fallout from a $1.6 billion tax fraud scheme executed via TikTok Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 scandalKPMG overcharged Defence while raking in billions of dollars.Former supreme court judge Sofronoff and former DPP Drumgold face investigations that could lead to them both having charges brought against them. You can't make this up. More than one in 10 firms in the retail, hospitality and construction sectors are at risk of going bankrupt in the next 12 months, according to research from Illion. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 on Gina Rinehart's fortune as court hears Lang Hancock 'exaggerated' personal role in iron ore discovery The number of disgruntled Qantas passengers continues to soar Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 arrearsEmployers have expressed deep dissatisfaction over Tony Burke's industrial relations reform plan, saying it'll force casual workers to become permanent ones. But is there any truth to this claim? Atlassian's⁩ Mike Cannon-Brookes and wife Annie to separate. The second mega billionaire couple in Australia to bust this month.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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, worsening income inequality and hollowing out social services. APRA has brought in CPS 230. Now the regulator talks about the inevitability of cyber breaches Deloitte Australia's Adam Powick makes a shock admission about his $3.5 million pay packet, more than Australia's PM. Andrew Forrest cleared of wrongdoing after Fortescue Metals reviewed anonymous claims of inappropriate behaviourFollow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 recovery program that he described as “Australia's Watergate”.Former public service chief Stephen Sedgwick leads task force investigating whether current and former federal bureaucrats referred to by the rob-debt royal commission should be sanctioned/ Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 Commission probe. In a world first, Australia legalizes psychedelics to treat mental health Gladys Berejiklian's future in doubt at Optus as Singtel says it has 'zero tolerance' for corruption Struggling business owners face a “horror show” over the coming months as the taxman circles and operating costs spiral in the wake of a 17% spike in company insolvencies over the past financial year.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Follow my socials on: https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktopLegendary American investor Jim Rogers issues a global warning: the next bear market will be the biggest in his lifetime. After being caught using leaked tax plans, PwC is flogging its lucrative government consulting business - rebranding it “Bell” - to a private equity firm for $1Barrenjoey warns of $267 billion ‘zombie mortgage' riskSocial media giants to face multimillion-dollar fines for spreading fake newsLatitude hit with $1 million lawsuit over data breach Hosted on Acast. See acast.com/privacy for more information.

PwC tax leaks: Parliament demands names of 63 partners and staff caught up in sagaAustralian 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 year Communications minister Michelle Rowland is seeking a briefing from ABC management about jobs cuts Greens' social housing veto raises spectre of double dissolutionFollow my socials on: https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Australia's leading super funds halt future contracts with PwC amid tax scandal falloutConsumer 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 retail banks as part of an ongoing push to reduce its office headcount by 20%.Qantas has moved to relax its uniform rules, meaning male cabin crew can wear make-up, and women can ditch high heelsFollow my socials on: https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 Competition and Consumer Commission Qantas-Virgin Australia duopoly is hurting customers.The Australian government looking for “a way forward” to compensate families of victims of alleged war crimes in Afghanistan.Follow my socials on: https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

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 the nation to become the sixth-largest champagne market in the world.Many among the 900-strong partnership at PwC Australia fear the firm is descending into a civil war that could take years to recover from.The ACTU wants the Albanese government's upcoming same job, same pay laws to target major companies such as CIMIC, Qube, BHP and Qantas for using labour hire-like structures to push down pay.Follow my socials on: https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://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_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.