The Dive

We have reached our final episode of 2023. And what a year it was: inflation and interest rates, miracle drugs to record breaking sports contracts, AI to CZ, there was so much that happened.Today, we're recapping the year that was. To do it, we're bringing in the whole team at Equity Mates to share what they think are were the biggest business stories of the year.Want more Equity Mates? Click here. Buy a copy of Don't Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

We're back for another Fast 3. Where a collection of the team from the Equity Mates join me to cover 3 stories in less than 15 minutes. Today, we're covering a range of topics today from a world-first global treaty on plastic waste to why Elon Musk told Disney CEO Bob Iger to go f- himself. Also, we're looking at recent housing data that suggests it's actually cheaper to buy than rent in some parts of Australia. That doesn't seem right - Alec and Sascha dig into the numbers.Want more Equity Mates? Click here. Buy a copy of Don't Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Controversy sells. We learned that last week when we saw reports that Kyle and Jackie-O signed a 10 year contract extension with Australian Radio Network worth $200 million.Meaning, if that's correct, Kyle and Jackie-O will be pocketing $10 million a year each, for 10 years.It's probably the question you're mulling over right now, and it was certainly one voiced in our office last week - what's the numbers behind the contract? If they're getting paid $200 million, just how much are they bringing in? Today Sascha and Alec talk answer the question - are they worth it?Want more Equity Mates? Click here. Buy a copy of Don't Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Happy Birthday ChatGPT! Since arriving in our lives this time last year, it's made news headlines, had teachers, industries and governments worried, and on a more personal level, made many menial tasks - like writing shopping lists or building excel spreadsheets, much easier.It's Friday the 1st of December and today Sascha is joined by Capital Brief correspondent Dan Van Boom to ask... well … What exactly has the arrival of Chat GPT changed? How has it influenced the world around us?Want more Equity Mates? Click here. Buy a copy of Don't Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

If we were to say great power competition between China and the United States - what's the first thing you think of?Whatever it was, I'd hazard a guess it wasn't Rugby League.But Australia's National Rugby League competition has found itself right between China and the United States contest in the Pacific. And NRL executives are planning to cash in.It's Wednesday the 29th of November and today Sascha and Ren discuss - how has Rugby League found itself in the middle of the US-China great power contest? And how is that going to change the NRL?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Overseas migration is frequently being called out as one of the primary factors influencing the housing market. As Core Logic writes - in the face of high interest rates, low consumer sentiment and stretched housing affordability, values and rents continue to rise and vacancy rates plummet as net overseas migration has hit record highs. Today, Sascha is joined by Core Logic's Head of Research Eliza Owen to the podcast to talk about one of their recent articles. The original article, if you'd like to read more, is here. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Australia are cricket world champions. In a brutal six months away from home, Australia's men's cricket team has won the World Test Championship, retained the Ashes against England and now won the One Day Cricket World Cup.But as the dust settles on the tournament, cricket powerhouse India wonders how they let it slip away, and Australian hero Travis Head continues partying - there are bigger questions being asked about the future of the game. Like, is the future of 50-over cricket on the line?And if you want to hear our previous episode about IPL Cricket launching in the US, you can listen to that here.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

ChatGPT has taken the world by storm this year. That is the AI chatbot made by OpenAI. Sam Altman, the CEO and co-founder of OpenAI, has become one of the most recognisable faces in business this year. He's travelled the world speaking to world leaders about the opportunities and the dangers of AI and the need for strong regulation.There are few people with as much technical knowledge and the philosophical thought when it comes to AI as Sam Altman. Which is why it was such a surprise when he was fired by the OpenAI board. Today Sascha and Alec ask… ummmm what on earth happened! And more importantly, what will happen next? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Cost of living, inflation and interest rates have been the big economic story of the past 18 months. People and businesses are doing it tough.So when Australia's Big 4 Banks reported their latest results, there was a fair bit of anger:Commonwealth Bank's profit rose 5% to $10.2 billionNAB's profit rose 9% to $7.7 billionANZ rose 14% to $7.4 billionWestpac's rose 26% to $7.2 billionToday Sascha and Alec look into these numbers and understand how bank profits are rising. What's going on?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Zero emissions hydrogen has the potential to supplant oil and gas as the fuel of the future — Australia is in a brilliant position to take advantage of this investing theme.But there are major hurdles to overcome.Today Sascha is joined by Kate Burgess, Climate, energy and resources correspondent at Capital Brief to ask: Does Australia have what it takes to become a hydrogen superpower?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

America is once again nearing a financial crisis, where the government is unable to spend money and needs to shut down everything but the most essential services.Unless the US Congress agrees to pass a series of appropriations bills and allow the US government to spend, America's federal government will shutdown on Friday 17 November. Alec and Sascha answer the question - why should we care?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Sam Bankman-Fried. The founder of crypto exchange FTX was arrested last year and earlier this month was convicted by a jury of his peers in New York.Plenty has been written and said about the disgraced so-called crypto king. But as his reign comes to an end, we wanted to look at the wash up and what next for crypto. Sascha and Bryce break it down in today's episode.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

On Melbourne Cup Day, there was one fairly safe bet. Michele Bullock would raise interest rates. And they did, by 25 basis points.The increase to 4.35% will be a bitter pill for borrowers to swallow, and in some ways it feels the economic stakes have never been so high.Today Sascha is joined by Jennifer Duke and they talk about why when so many of us are feeling the pinch, is the RBA still raising rates?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

23andMe and Ancestory.com allow people to spit in a tube and have their DNA analysed to learn more about their ancestory and any health risks. To date, more than 14 million people have spit in tubes and sent it in to 23andMe. Now the company is selling access to an anonymised database of customer DNA to pharmaceutical giant GSK.In today's episode of The Dive, Bryce and Ren look at how genealogy companies use the customer DNA they collect, and how it has been used to do everything from discover new drugs to solve murders.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Waymo, Tesla, Cruise, Baidu. Some of the biggest names in the race to get driverless cars on the road have been in the headlines lately.In today's episode of The Dive, Sascha and Alec catch you up on what's been happening and ask, who's in poll poition in the race to commercialise self-driving technology?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Today, the Qantas board will be holding their annual general meeting. It's a chance for shareholders to hold a mirror to the board and management after months of widespread anger - whether it be over former CEO Alan Joyce's pay packet, regulatory investigation into cancelled flights, and lobbying the Australian government over competition from a competitor to bring more flights to Australia. But as Capital Brief journalist Jack Derwin writes - this AGM season it feels like the stakes are a bit higher, and the pitchforks a little sharper. He joins Sascha today to talk about how the themes from the Qantas meeting are being felt by companies across the board. Pardon the pun. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Turns out, large western companies accidently hired thousands of North Koreans. Now that is a headline that caught our interest. Seems like a big accident. So today Sascha and Alec dig into it. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

$688 billion. That is how much tax Americans avoided paying in 2021. With Australia's tax deadline fast approaching - it is tomorrow, or 31 October 2023, so get your tax returns in - but today Sascha and Alec wanted to understand how Americans could avoid paying so much tax. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Would it surprise you to know that the video game industry is worth $200 billion globally? Ok, numbers without context is always difficult, so here's a comparison - that's four times as big as Hollywood.Dan Van Boom, the technology reporter at Capital Brief, recently wrote that Australia is perfectly positioned to take advantage of this hidden giant of an industry. Sascha is joined by Dan to ask the question, how can Australia benefit from the video game economy?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Fallen Crypto King Sam Bankman Fried… once ‘king of the crypto world', is now in the midst of one of the biggest fraud trials in American history, taking place in a New York courtroom. So, what's this trial about? Rewind back to late 2022. The FTX crypto trading operation, and the closely related Alemeda research, both spectacularly collapsed. SBF as he's known, is currently charged with crimes relating to the disappearance of billions of dollars of FTX users' money. Because the people using the exchange didn't think they were investing in FTX, or even lending to it - they thought their money was being kept in the exchange while it switched between dollars and bitcoin, or doge, or ethereum. Sascha is joined by Tracey Ploman, one third of the Crypto Curious podcast, to talk about the trial of the year. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

It's a new week, and we're hitting the decks with a fast three. The stories that have had us chatting in the Equity Mates office. Sascha is joined by her colleagues to talk them through. Alec is digging into the reporting coming out of the recent Amazon antitrust lawsuit, Alf is getting me up to speed on the AI Deep Fakes plaguing celebrities. But first, Bryce is going to dive into the stoush over Liontown Resources between Australia's richest person and an American chemicals giant. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Atlassian - the Australian software products maker - recently announced it had agreed to buy video messaging platform Loom. They paid US $975 million for the privilege - which accounted for a significant portion of their cash reserves. It also indicates a commitment to work from home, when many big companies this year are winding back on remote work, and calling for a return to ‘business as usual'.John McDuling, Editor in Chief at Capital Brief, joins Sascha to talk about the 2 key takeaways he thinks this aquisition signals for investors.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Birkenstock Holding plc is a German shoe manufacturer known for its sandals and other shoes notable for contoured cork footbeds (soles) made with layers of suede and jute, which conform to the shape of their wearers' feet. On September 2023, Birkenstock filed for an initial public offering (IPO) in the United States stating that the company would be listed on the New York Stock Exchange under the stock ticker "BIRK". But it didn't go well - the German company's debut is the worst first-day showing for a US listing of $1 billion or more in over two years, according to data compiled by Bloomberg. Out of more than 300 US IPOs of that size in the past century, only 13 have fared worse. Today Alec and Sascha chat about the less that stellar debut from the shoe brand, and ask, why? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

It's a two parter today! Digging into two stories that caught our attention at Equity Mates. The Nobel Prize for Economics has just been announced, and for the third time ever, it's been awarded to a woman. Professor Claudia Golden has won for her extensive research and academic writing on historical trends in gender equality. Sascha is joined by Jennifer Duke - who'll tell me about the professor's research. And then, recently, there's been a lot of talk about a cashless future… Macquarie Bank announced that they'd be phasing out physical cash and cheques from early next year. And the Aussie government has given us a little more time, but they've also added… no more cheques by 2030. But what *does* the future of money look like without physical cash? Andrew Cornell, the Associate Editor for Banking and Finance at Capital Brief joins Sascha to dig into the topic. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Here's some facts about endometriosis. According to the conditions' official Australian website, more than 830 000 - or 1 in 7 - of Australian girls and women live with it at some point in their life. Symptoms are incredibly varied - fatigue, pain, bleeding - and can vary in severity as well, which means it takes an average Australian diagnosis 6.5 years. In an Australian government report, it is reported to cost Australian society between 7.4 and 9.7 billion annually. Two thirds of these costs attributed to a loss in productivity, with the remaining 2.5 billion being direct healthcare costs.That is, until very recently, when a series of breakthroughs signalled the cusp of change. To quote the Guardian, after generations of inaction and very few novel ideas, researcher and activist are hopeful a new path is being charted. Today Bryce and Sascha talk about the new research in the space. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Rupert Murdoch has stepped down from his media empire, handing over the reigns to his son Lachlan Murdoch. While a lot has been written about what Rupert Murdoch built, far less has been written about Lachlan's thoughts on what to do with it. So we wanted to take a look. Today Sascha and Alec ask - what are Lachlan Murdoch's plans for Fox Corp and News Corp?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Epic Games - maker of Fortnite - has been firmly embroiled in this stoush already for years. Epic sued Apple in 2020 after the game company introduced its own payment system into Fortnite, which broke Apple's rules and ultimately got the company banned from the App Store. A ruling in the US in April decided Epic had not shown that Apple has monopoly power… but despite this, the fight is still ongoing here in Australia, with linked proceedings against Google, as well as parallel developer and customer class actions against the tech companies headed for a sixteen-week trial beginning in March 2024. Today Sascha is joined by Capital Brief correspondent Laurel Henning to ask ‘what's the latest in this fight between Apple and Epic Games?' Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

This episode, it's another fast 3, as promised. What's on the agenda? Well, Simon has an update about Elon Musk's microchips that he plans to insert in our brains, Alec tells us why Audiobooks are at the centre of a stoush between Spotify and Apple, and also Bryce gets us up to speed with interest rates and what's coming down the pipeline for us. For all our Elon themed eps, check them out here.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Sascha is joined by Eliza Owen from Core Logic to chat about their latest data. Together they discuss the market's remarkable rally, in spite of rising interest rates, our ever-present rental crisis, and the rise of short-term resales - a new data trend for 2023. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

On September 18, Michelle Bullock succeeded Dr. Phillip Lowe as the RBA Governor. Her term starts amid heightened national attention on the RBA's interest rate decisions. Add to this the fact the federal government is restructuring the RBA, and Bullock herself has noted emerging pressures on the financial system. This episode Sascha welcomes Jennifer Duke, Economics Correspondent at Capital Brief, to discuss the RBA's new direction. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Sport is big business. That is something we've covered over and over again on this podcast. From lucrative TV rights deals to oil-states funding rival leagues, it is impossible to escape the headlines of the amount of money flowing into sport. In Australia this reaches a fever pitch this weekend as our two biggest domestic competitions - the AFL and the NRL - host their grand finals. So as Australia tunes in to see which team wins on the field, we wanted to have a look at the big winners off the field. Alec and Sascha look at the big winners off the pitch this Grand Final weekend. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

On the weekend, a friend of the pod was sitting in a pub owned by Britain's biggest pub company, Stonegate Group. If you have ever drunk in a pub in the UK there is a good chance it may have been Stonegate Group - their brands include Yates's, Be at one, and the Slug & Lettuce, they have over 800 venues. Recently, they've introduced a ‘dynamic pricing' policy across all their locations. Think of it like ‘surge pricing', it basically means the cost of drinking will go up at popular times. It's pretty straight forward, the surge pricing system will kick in when the pubs are at their busiest hours and could see drinks prices going up by 20 pence which is roughly 35 cent. Prices will return to normal at less popular times. Today Simon and Sascha look at the new adopters of dynamic pricing, and ask - will we ever pay the same again? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Build, build and build some more. That sums up our government's approach to our current housing crisis. Just this month we've seen it from all levels of government. At a Federal Level, we've seen the government pass the Housing Australia Future Fund. At a state level, we've seen Australia's biggest state - New South Wales - pass a budget with housing at the centre. And Australia's second largest state - Victoria - released their housing policy statement that outlined a 10 year plan for the industry. But here's the thing - housing experts almost unanimously agree: we can't build our way out of this housing crisis. Today Sascha and Alec ask - when will there be enough houses for them to afford one? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

It's another Fast 3 - the three stories that we thought you needed to hear this Friday. Today we'll be talking about why Rotten Tomatoes scores aren't so fresh, a massive discovery of lithium in the crater of a US volcano, and we've an update on those BMW heated seats. Sascha is joined by three of her Equity Mates colleagues to unpack these stories. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Last week we saw the biggest news on Apple's calendar - Apple's announcement of the new iPhone. There was a time when the world sat up and marvelled at what Steve Jobs and his team had managed to squeeze into the palm of our hand, but now it is a pretty routine update - new colour, better camera, faster chip - then they wave us all goodbye and set the date in the calendar for next year. Today Alec and Sascha ask - after the rounds of headlines announcing the iPhone 15 last week - does anybody really care? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

If you've booked an AirBnB recently, it seems like we're drowning in a sea of house rules: no parties, quiet hours after 10 pm, laundry duties before departure, and the stern warnings to meticulously follow instructions or risk facing fines.But that's not the only issue they're facing. Major cities from New York to London to basically everywhere in Australia are facing housing shortages and rent increases - and many lawmakers believe Airbnb and other short term rentals are partially to blame. And they're making changes. Today Alf and Sascha chat about the different challenges facing AirBnB and whether it's going to impact their future. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

2003 was the most recent high water mark for Australian Rugby. We were hosting a World Cupt on our shores, and we very close to winning it all, before losing to England in the grand final. In the following two decades, it was besieged by scandals, pandemics, and public court cases, resulting in Rugby Australia facing the brink of bankruptcy. Today Sascha and Alec talk about the pivot point Rugby Australia finds itself at - and ask: is the next golden age of rugby still to come? Or is it too late? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

It's another favourite of The Dive fans - 3 stories in 15 minutes. We've gone around the office and asked for the stories that are grabbing our attention. We're chatting about the new music deal Universal have arranged with a French music streamer, the concrete crisis that's the main conversation in the UK, and a battle that's bringing two major streaming services head to head. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

The extension of oil production cuts by Saudi Arabia is driven by its geopolitical and economic ambitions. Last week the Australian Financial Review wrote a Chanticleer column about these ambitions connect to the massive contract that Cristiano Ronado has recently inked. Sascha is joined by AFR journalist James Thomson to talk about this today. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

It turns out that fake diamonds are having a moment. As a new threshold has been reached - Last year, lab-grown diamond jewellery surpassed 10% of the world's total diamond jewellery sales for the first time. Today Sascha and Alec ask - what is happening in the diamond industry? And how is the traditional diamond industry responding to this surge? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

QANTAS has had an interesting time of late. Everything started well, reporting a recording $2.5 billion dollar pre-tax profit. But since that announcement it's gone downhill. Australia's national airline is now mired in multiple scandals, their CEO is getting grilled at Parliamentary hearings, and the Australian government is being accused of prioritising QANTAS' bottom line over the concerns of the Australian people. And yesterday, all of these controversies came to a head with QANTAS CEO Alan Joyce resigning. Today Sascha and Alec take a closer look at the three major scandals surrounding our national airline. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

China has too much debt, has over-built infrastructure, has youth unemployment north of 20% and is facing a slow moving economic crisis as its years of unproductive spending are coming home to roost.That is a sentence you could've read in an economic publication at any time over the past 5 years. China's collapse has been called before, and over the past few weeks we saw the latest round of dire predictions for the world's second largest economy.But we want to drill down on one part of that story - the youth unemployment in China. Because it is stark. And quite frankly, countries don't do well when youth unemployment is so high. Today Alec and Sascha ask - what is happening with the youth in China? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

EU food producers are incredibly protective of their products and the history that surrounds them - that's why there's such specific rules around who can make a Champagne, or Burgandy, when we're really drinking a sparking wine or a glass of light pinot. But it's one thing to want to call your product by that name to get the accolades, and another to fabricate its origins to benefit from the higher prices. That's fraud. So when we learned Italy's renowned makers of Parmigiano Reggiano, favoured for finishing off bowls of pasta and rocket salads, are adding microchips to their cheese in order to prevent counterfeited products, Alec and Sascha needed to know more. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

There's two big space stories that have happened recently that we wanted to talk about. The world's leading space company Space X had their financials leaked, and India has just landed on the moon - just the fourth country to do so. Today Alec and Sascha chat about how these stories show how much cheaper space travel is becoming. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

The Commonwealth Games has not been having a great time of late. Here in Australia you couldn't miss the headlines last month, when Victorian Premier Dan Andrews cancelled the event, citing a huge blowout in the budget as the reason behind the decision. This isn't the first time the games has been without a home - last year, Birmingham stepped up to the host role four years early, when South Africa were stripped of hosting rights. At the beginning of August, the Canadian province of Alberta withdrew their bid from hosting the 2030 games, and they were the only ones in the running. Today Sascha is joined by Nic Fildes from the Financial Times to ask - why does no one want to host the Commonwealth Games? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.