Podcasts about Whyalla

City in South Australia

  • 104PODCASTS
  • 212EPISODES
  • 29mAVG DURATION
  • 1WEEKLY EPISODE
  • May 30, 2025LATEST
Whyalla

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Best podcasts about Whyalla

Latest podcast episodes about Whyalla

Hotspotting
Australia's Fastest Growing Cities and What It Means for Property

Hotspotting

Play Episode Listen Later May 30, 2025 4:20


Australia is one of the most urbanised nations on earth, but how is its population growth reshaping the map? New data from .id reveals surprising trends across the country's fifty largest cities and towns. Some regional centres are surging ahead while others are slipping behind. The Sunshine Coast has quietly become the fastest growing city in the nation, just ahead of Perth. Geelong, Ballarat and Hervey Bay are rising fast, while places like Whyalla tell a very different story. Melbourne has overtaken Sydney again, and a small but booming area in Lake Macquarie has broken into the top fifty for the first time. What do these population shifts reveal about the future of Australia's property market? And which cities could be the next major investment hotspots?

QAV Podcast
QAV 821 — Roombas, Regulators & Rogue Traders

QAV Podcast

Play Episode Listen Later May 27, 2025 39:46


In episode 821 of the QAV Podcast, Cameron and Tony kick things off with tales of gas outages and cold showers before diving into the markets. They review the portfolio performance, explain the HLS sell-off, and unpack the latest antics of Donald Trump's tariff diplomacy. Stocks under the spotlight include VVA (Viva Leisure) with their eyebrow-raising stake in Gorilla X Labs, NRW's legal wrangle over the Whyalla port, and a deep-dive pulled pork on ANZ. The ANZ segment touches everything from executive turnover, the bloated One Platform app, substance abuse allegations, and the Suncorp acquisition, to Cameron's prediction that the whole thing will be scrapped in favour of an AI-driven rebuild. Sprinkle in some talk about robot security Roombas, the legacy of Damien Broderick, Sparks' new album, and Japanese punk, and you've got another vintage QAV session.

Beyond Zero - Community
Keeping OCEAN pristine + WHYALLA steel in Public Hands

Beyond Zero - Community

Play Episode Listen Later Apr 14, 2025


CLIMATE ACTION SHOW APRIL 14th 2025Produced by Vivien LangfordKeeping the Ocean pristine andWhyalla Green Steel in Public Hands?  GuestsLisa Deppeler is a prominent figure associated with the OCEAN (Otway Coastal Environment Action Network) organization. She is particularly focused on stopping seismic blasting proposals off the coast. Lisa has been a key voice in raising public awareness about the potential impacts of seismic blasting on marine life, including whales and zooplankton. She has also been involved in organizing the "Great Ocean Rescue Tour" to inform people about the issues.  Renfrey Clarke is an Australian journalist, translator and left activist. Throughout the 1990s he reported from Moscow for Green Left Weekly,  His article about reviving the vision of Green Steel in Whyalla prompted this interview. His conclusion is that public ownership isthe best way forward."Profit margins for steel firms are mostly wafer thin, and a buyer for the plant will not be easily found. The chances seem high that the complex, after being modernised at taxpayer expense, will again be sold off for a derisory sum.Worse, there is the real prospect that the only credible-seeming bidder will be another “adventure capitalist” such as Gupta.Re-establishing a viable steel industry in SA requires the kind of financial resources that the private sector is unlikely to want to risk. The only realistic source of this money is the public purse. But if taxpayers are to bear the cost, they are entitled to demand that the assets stay in public ownership.Further, the public are entitled to demand that the steel plant be saved as part of a rational plan that takes in the whole of the Northern Spencer Gulf industrial region, and that stresses new processes and highly productive, clean technologies". https://www.greenleft.org.au/content/why-whyalla-steelworks-must-be-publicly-owned Here's what you can do to support OCEAN's campaign against seismic blasting​1. Sign the petition to abolish SPA permitsSpecial Prospecting Authority permits are a cheap and easy way for companies to buy access to large areas of ocean to conduct seismic blasting. The Australian Marine Conservation Society have a petition to abolish SPA permits. Please also share the link to your social media!Sign the petition here.​​2. Email the PM urging him to declare a moratorium on seismic blastingSend an email to Prime Minister Anthony Albanese urging him to declare a moratorium on seismic blasting until the recommendations from the 2021 'Making Waves' Senate Inquiry are acted upon.Click here to send an email to the PM3. Phone The Federal Minister for Resources Madeleine KingShe is in Western Australia : (08) 95279377The electorate concerned in Wannon https://www.abc.net.au/news/elections/federal/2025/guide/wann​

Fear and Greed
Afternoon Report | Miners rebound

Fear and Greed

Play Episode Listen Later Apr 14, 2025 4:27 Transcription Available


This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX jumps Neuren surge Miners’ woes Whyalla blow US-China spat Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Fear and Greed Business Headlines
Fear and Greed Afternoon Report | 14 Apr 2025

Fear and Greed Business Headlines

Play Episode Listen Later Apr 14, 2025 4:29 Transcription Available


This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX jumps Neuren surge Miners’ woes Whyalla blow US-China spat Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Still Rockin' It - Cheryl Lee
What have Kingswood been up to lately? OR Six months in a leaky bus!!

Still Rockin' It - Cheryl Lee

Play Episode Listen Later Apr 4, 2025 29:49 Transcription Available


Join Cheryl Lee - That Radio Chick on STILL ROCKIN' IT for news, reviews, music and interviews with some of our favourite Australian musicians.Fergus Linacre of Kingswood takes us behind the scenes of their epic 112-show Australian tour and the raw, unflinching documentary that captured it all. After the pandemic silenced stages across the country, Kingswood made a bold decision to reconnect with audiences everywhere—especially in regional areas starved for live music.When logistical challenges made traditional touring impossible, they bought their own bus, named her Peggy, and embarked on a six-month journey that would test their endurance, creativity, and relationships. Meanwhile, filmmaker Darcy Newton documented every moment, creating what would become the award-winning documentary "ClapTrap."What makes this documentary unique is Kingswood's commitment to authenticity. Inspired by Nick Cave's willingness to be vulnerable on camera, they surrendered creative control, allowing Darcy to film everything without interference. "We're quite honest about where we're at," Fergus explains. "It's not a puff piece for the band." The result is a psychological exploration of life on the road—the highs, lows, and everything in between.The conversation reveals fascinating insights into the band's formation at Melbourne Grammar School, their musical influences (from Aerosmith to Queen), and how they balanced academic pursuits with their passion for music. Fergus shares stories about supporting ACDC and Aerosmith, including a memorable backstage encounter with Steven Tyler.Looking ahead, Kingswood announces fresh music releases beginning with their Tom Petty cover "You Wreck Me," an upcoming album, and tour dates across Australia and Europe. For fans ready to experience their powerful live performances, tickets for their upcoming shows at Port Lincoln and Whyalla will be available at kingswoodband.com.Don't miss the rare theatrical screening of "ClapTrap" at the Regal Theatre in Kensington Park on April 9—your chance to witness the untold story behind one of Australia's most ambitious musical journeys.What has Fergus Linacre and Alex Laska of Kingswood been up to lately?  Let's find out!!Get out when you can, support local music and I'll see you down the front!!Visit: ThatRadioChick.com.au

Fear and Greed Business Headlines
Fear and Greed Afternoon Report | 26 Mar 2025

Fear and Greed Business Headlines

Play Episode Listen Later Mar 26, 2025 4:24 Transcription Available


This is the Fear and Greed Afternoon Report - the top five things you need to know today, in just five minutes. ASX rises Budget dominates Whyalla coal shortage Coles liquor Vance to Greenland Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Fear and Greed
Afternoon Report | Inflation, markets and Greenland

Fear and Greed

Play Episode Listen Later Mar 26, 2025 4:24 Transcription Available


This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX rises Budget dominates Whyalla coal shortage Coles liquor Vance to Greenland Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Fear and Greed
Afternoon Report | Markets, gold and AUD

Fear and Greed

Play Episode Listen Later Mar 18, 2025 3:44 Transcription Available


This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX200 closes flat Gold hits new record RBA building confidence Whyalla steelmaking to pause Israel strikes Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Fear and Greed Business Headlines
Fear and Greed Afternoon Report | 18 Mar 2025

Fear and Greed Business Headlines

Play Episode Listen Later Mar 18, 2025 3:42 Transcription Available


This is the Fear and Greed Afternoon Report - the top five things you need to know today, in just five minutes. ASX200 closes flat Gold hits new record RBA building confidence Whyalla steelmaking to pause Israel strikes Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

David and Will
Premier Responds After Administrator Issued Warning About Whyalla Steelworks

David and Will

Play Episode Listen Later Mar 18, 2025 12:45 Transcription Available


Listen live on the FIVEAA Player. Follow us on Facebook, X and Instagram. Subscribe on YouTubeSee omnystudio.com/listener for privacy information.

Hotspotting
Mining Towns

Hotspotting

Play Episode Listen Later Mar 6, 2025 3:47


Some investors are attracted to the cheap house prices and very high rental yields in resources sector towns but recent events in two of the nation's iconic locations demonstrate why this can be a strategy fraught with peril.   Hotspotting methodology dictates that a diverse economy is a core factor in any location we are willing to recommend – which means locations dominated by one industry sector seldom make it to our hotspots reports.   A country town solely reliant on agriculture, a coastal enclave where everything depends on tourism and mining towns are all places we shy away from, because their reliance on a single industry sector makes them vulnerable, volatile and high-risk.   This is particularly so with mining towns. Many investors have lost big money buying into booming mining towns, only to see property values collapse when the boom bubble bursts.   Moranbah in Queensland had a median house price of $750,000 at the height of its boom more than a decade ago, but later the median fell below $200,000 when circumstances changed. Prices later recovered a little but today the median house price remans less than half of those peak levels.   Houses in Port Hedland in WA typically cost over $1 million during the resources investment boom but dropped to well under half that level when the boom ended. More recently they have partly recovered but the median house price today is around $700,000 – about half a million dollars below that boom-time peak.   Those kinds of risks remain today, as demonstrated by recent events in South Australia and Queensland.    Whyalla in SA has a boom-bust history with its property market because its fortunes rise and fall with the resources sector. Today you can buy houses in Whyalla in the $200,000s and $300,000s and get 6% or 7% rental yields.   But the recent highly-publicised problems of the UK billionaire who owns the town's biggest employer, the steel mill, illustrates how vulnerable Whyalla is. State and federal government intervention has been necessary to try to rescue the situation, at a cost of hundreds of millions of dollars to the public purse.   In far western Queensland, the iconic outback mining town of Mount Isa provides another example of the risks. A major mining operation which employs thousands of people is closing down soon, leaving Mount Isa in a difficult position. Local political and community leaders are campaigning hard to revive the town's prospects, but the future may be grim.   A look at the price graphs for Mount Isa locations – which resemble a mountain range rather than a smooth upward curve – demonstrates how volatile this market can be.   You can buy houses in the $200,000s and get rental yields around 8% or 9%, but capital growth prospects look rather shaky at this point.  

Fear and Greed
Shareholders $27b in dividends, Whyalla Steelworks leaks money, Prada set to buy Versace

Fear and Greed

Play Episode Listen Later Mar 3, 2025 17:25 Transcription Available


Tuesday 4 March 2025 Shareholders are set to receive nearly $27bn in dividends at the end of a mediocre reporting season. And more, including: The Whyalla Steelworks is still losing $1.5 million a day. And Prada is set to buy Versace. Plus good news for crypto lovers and Star entertainment on the brink of collapse. And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

David and Will
Whyalla Steelworks creditors meet for the first time – Breaking @ 8

David and Will

Play Episode Listen Later Mar 2, 2025 6:13 Transcription Available


David & Will get the latest from Whyalla Coordinator John Chapman. Listen live on the FIVEAA Player. Follow us on Facebook, X and Instagram. Subscribe on YouTubeSee omnystudio.com/listener for privacy information.

The Citizens Report
4 - Whyalla steelworks rescue is necessary, but not sufficient

The Citizens Report

Play Episode Listen Later Feb 27, 2025 17:04


4 - Whyalla steelworks rescue is necessary, but not sufficient by Australian Citizens Party

The Wire - Individual Stories
Whyalla steelworks transition to green steel: is it the right direction?

The Wire - Individual Stories

Play Episode Listen Later Feb 27, 2025


Australia Wide
BlueScope Steel considers Whyalla takeover while negotiating expert advisory role

Australia Wide

Play Episode Listen Later Feb 26, 2025 29:59


BlueScope Steel is negotiating with the administrators of the Whyalla Steelworks to join as an expert advisor. 

Business Now with Ross Greenwood
Business Now | 24 February

Business Now with Ross Greenwood

Play Episode Listen Later Feb 24, 2025 21:29 Transcription Available


WiseTech shares are smashed as $10 billion wiped from its market value, Pipeline group APA says shipping gas from WA or Queensland to Victoria or NSW is a disastrous option. Plus, the government bails out the Whyalla steelworks and Rex Airlines.See omnystudio.com/listener for privacy information.

David and Will
Treasurer Stephen Mullighan on the financial implications of Whyalla steelworks

David and Will

Play Episode Listen Later Feb 24, 2025 14:53 Transcription Available


See omnystudio.com/listener for privacy information.

Unnatural Selection
Labor MediCARES

Unnatural Selection

Play Episode Listen Later Feb 23, 2025 76:52


On this week's episode of the Unnatural Selection Podcast, we discuss: GP visits to become free for most under $8.5b 'legacy defining' Labor Medicare promise. Whyalla steelworks forced into administration by SA government, GFG no longer running site. What went wrong at Whyalla steelworks and will it end with SA government in legal fight with UK billionaire? Carving up insurers isn't a 'silver bullet' for problem of rising premiums, industry says. Australian students record worst ever civics result with 72 per cent not understanding the basics of democracy. Labor and Coalition welcome RBA interest rate decision as governor plays down chance of more cuts. Clive Palmer, Pauline Hanson trade barbs over failed bid to unify parties. Team Trump struggles to rehire fired nuclear safety workers. Trump loyalist Kash Patel confirmed as FBI director by the Senate. This Is the Way to Stop Elon Musk. Jump in probability of 'city killer' asteroid hitting Earth in seven years. The Unnatural Selection podcast is produced by Jorge Tsipos, Adam Direen and Tom Heath. Visit the Unnatural Selection website at www.UnnaturalShow.com for stuff and things. The views expressed are those of the hosts and their guests and do not reflect those of any other entities. Unnatural Selection is a show made for comedic purposes and should not be taken seriously by anyone. Twitter: @JorgeTsipos @TomDHeath @UnnaturalShow Instagram: @JorgeTsipos @Tom.Heath @UnnaturalShow

Spark Club Podcast
Whyalla Steel Works - Tim Buckley - Ep 46

Spark Club Podcast

Play Episode Listen Later Feb 23, 2025 43:21


This week Tim shares some good news from Canberra with the Climate Capital Forum leading a delegation to meet with politicians across the spectrum and share a positive message. Our focus this week on the South Australian State government working in partnership with the PM Anthony Albanese Federal Government to put the financially distressed Sanjeev Gupta GFG Alliance's OneSteel Manufacturing division into administration, and to offer a A$2.4bn rescue and modernisation package to transform Whyalla into a potentially world leading green iron and steel centre. For more information, refer our detailed Linkedin post here: https://lnkd.in/gkxY-hCE And Climate Energy Finance's Matt Pollard published his key thoughts in RenewEconomy here: https://lnkd.in/g3J6HxQK Enjoy the podcast. 

Fear and Greed
Sunday feature: When companies collapse, this man gets the call

Fear and Greed

Play Episode Listen Later Feb 22, 2025 32:41 Transcription Available


Guest: Mark Mentha Original air date: October 18, 2020 Original description: Sean Aylmer speaks to Mark Mentha, co-founder of KordaMentha. They discuss Mark's career, including some of the famous restructings that Mark has been involved in, and look at the impact the COVID-19 pandemic will have on businesses in coming months. Mark shares his 10 commandments for starting a business and his advice for a successful career. Update: This week KordaMentha was appointed administrators of the Whyalla steelworks, after running the previous administration of the steelworks in 2016.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Triple M - Motley Fool Money
The value of ‘value'. February 21, 2025

Triple M - Motley Fool Money

Play Episode Listen Later Feb 21, 2025 79:08


– The value of ‘value’ – Rates cut… but is it ‘one and done’? – NAB and Bendigo sink like stones – Whyalla goes broke, and governments step in See omnystudio.com/listener for privacy information.

SBS News Updates
Evening News Bulletin 21 February 2025

SBS News Updates

Play Episode Listen Later Feb 21, 2025 5:09


Top US official issues stark warning to Hamas after it allegedly releases an unidentified body; The opposition leader criticises the government's response to Whyalla steel; And in cricket, Test captain Pat Cummins says he's surprised by Matthew Kuhnemann's bowling review.

Old Everald and Young James talk Politics

Everald Compton and James Morgan talk about the interest rate cut, the steelworks at Whyalla, and Ukraine

9News Lunch Podcast
RBA boss admits slow rate move

9News Lunch Podcast

Play Episode Listen Later Feb 21, 2025 5:41


Welcome to the 9News podcast. A snapshot of the latest stories from the9News team including: ** RBA boss admits slow rate move ** Whyalla plan questioned ** And extra funding to combat brain injury The biggest news stories in less than 10 minutes delivered three times a day,with reports from the 9News team across Australia and overseas. Subscribenow to make it part of your daily news diet.See omnystudio.com/listener for privacy information.

David and Will
Minister's story about Mali and stealthy Whyalla meeting

David and Will

Play Episode Listen Later Feb 21, 2025 2:12 Transcription Available


Federal Minister Ed Husic reveals the moment he thought SA Premier Peter Malinauskas might accidentally give away the secret squirrel meetings happening on Whyalla Steelworks. Listen live on the FIVEAA Player. Follow us on Facebook, X and Instagram. Subscribe on YouTubeSee omnystudio.com/listener for privacy information.

SBS Kurdish - SBS Kurdî
Nûçeyên roja Pêncşemê, 20î Şibata 2025

SBS Kurdish - SBS Kurdî

Play Episode Listen Later Feb 20, 2025 11:52


Di vê bûletenê de: Hukûmeta federal dê 2.4 mîlyar dolar xerc bike da ku kargeha hesinî ya Whyalla rizgar bike... Wezîrê berevaniya Australya dibêje, şerê di navbera Rûsya û Ukraynê de tenê bi şertên Ukraynayê dikare were çareserkirin... Û di fûtbolê de, Manchester City ji Lîga Şampiyonan piştî ku ji hêla Real Madrid ve hat têkbirin derket. Ew nûçeyana û nûçeyên din di bûletenê de hene.

SBS Assyrian
Newsflash: 20 February 2025

SBS Assyrian

Play Episode Listen Later Feb 20, 2025 3:28


The federal government to spend 2.4 billion dollars bailing out the Whyalla steelworks; unemployment up slightly, but the labour market still looking good; and, in football; Manchester City out of the Champions League after being crushed by Real Madrid.

PM full episode
$2.4 B rescue package for steelworks

PM full episode

Play Episode Listen Later Feb 20, 2025


The Prime Minister and the South Australian Premier have announced $2.4 billion of funding to support the Whyalla steelworks.

The Mike Hosking Breakfast
Mike's Minute: Should we be buying the closed mills?

The Mike Hosking Breakfast

Play Episode Listen Later Feb 20, 2025 1:45 Transcription Available


In a week, 230 New Zealanders were given confirmation Kinleith Mill was over. The Australians facing the same scenario at a place called Whyalla in South Australia did something completely different. The steel mill is owned by a British billionaire and it's in a world of financial trouble. It may well go to the wall. It employs 1000 people in a town of 22,000. So the state Government, backed by the Federal Government, has bought it. Even for a Labour Government in Australia it is an extraordinary move. But the assessment is, in a small town, you can't afford to lose that many jobs. They will look for a buyer, they will look for finance and they will look to rejig the place to solve the problem. But in the meantime, the place is open and the jobs are saved. The first question you ask, of course, is would this decision be made if it was not about a month or so out from an election, which is an election the Government who just bought the steel mill is in serious danger of losing? The precedent is also shocking. If you save one, surely you save them all? And if you don't, because you can't, the locals will, quite righty, ask why not? Also, the Government owning things in the long term has never really been a recipe for efficiency or success. As much heat as Labour got in the 1980's for selling the railways here, Helen Clark buying them back has hardly been one of life's great business decisions. In a small town though, at the pub or the dairy or the sports field, who cares? They've got jobs, the bills get paid, and the kids stay in the local school. They'll take it. Where the money came from doesn't really matter. As much as Shane Jones espouses the value of the regions, the region here still lost its mill. We still have the problem that is the price of power. It still hasn't been addressed as an issue, and we go into another winter with a mess of a system. In Australia the place is open, the jobs are saved and no one's leaving town. So, which approach is better? See omnystudio.com/listener for privacy information.

Australia Wide
"The whole city has been uplifted" - Whyalla Mayor welcomes $2.4 billion support package

Australia Wide

Play Episode Listen Later Feb 20, 2025 29:59


Prime Minister Anthony Albanese has told Whyalla steelworkers a $2.4 billion support package is an investment in a city whose "arteries spread out right around the country".

Money News with Ross Greenwood: Highlights
Money News with Deb Knight - 20th February

Money News with Ross Greenwood: Highlights

Play Episode Listen Later Feb 20, 2025 39:46


Whyalla steelworks gets a $2.4 billion bailout from the government; Wesfarmers profits on the back of Kmart & Bunnings gains; Telstra continues to dominate the telco market; Super Thursday sees 40 companies report; job market remains strong, with unemployment at 4.1%; could this very radio station be up for sale soon?; and Scott Phillips joins for the Market Wrap to explain the difference between net profit, underlying profit & EBITDA. Host: Deb Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

David and Will
Breakfast with David & Will - February 21 2025

David and Will

Play Episode Listen Later Feb 20, 2025 106:46 Transcription Available


Channel 7s Hayden Nelson on drive by shooting in North Plympton, Opposition Leader Vincent Tarzia on Whyalla decision, Flashback with Michael Smyth, National Political Editor 9 Radio Michael Pachi on the national reaction to Whyalla, Federal Industry Minister Ed Husic on the Whyalla package, Feedback FridaySee omnystudio.com/listener for privacy information.

FIVEaa News Briefing
Welcome News For Jobseekers

FIVEaa News Briefing

Play Episode Listen Later Feb 20, 2025 3:21 Transcription Available


New data shows 44-thousand new jobs were created over the last month ALL of them full-time. The Opposition says Labor's 2-point-4-billion-dollar package to save the Whyalla steelworks, is a waste of money. And Drake has been splashing the cash again to fans at his concerts.See omnystudio.com/listener for privacy information.

Economy Watch
Hints of a stagflation future noticed by financial markets

Economy Watch

Play Episode Listen Later Feb 20, 2025 6:00


Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news that while Trump is playing Putin's puppet, his lieutenants are setting the stage for a new global bout of stagflation - higher tariff-induced costs for little or no economic expansion. Wall Street is starting to price in what is increasingly likely to lie ahead. The USD fell.US jobless claims came in lower last week than the week before, with all the decrease accounted for by seasonal factors. Markets had expected an even lower level from those seasonal factors, so this result was a disappointment. There are now 2.2 mln people on these benefits, a rise, when a season decrease was expected. For most of 20025 this level has been tracking higher than in 2024.The regional Philly Fed factory survey expanded in February, but at far less a rate than in January. A fall-off in the new order component explains most of the change.Meanwhile, the Conference Board tracking of leading index metrics shows a larger fall-off than expected and a negative outlook.Also lower (than a month ago) is the Atlanta Fed's GDP Now tracker.And we should also probably note the -6% fall in the Walmart share price overnight. It is dawning on markets that the new public policy settings are fertile ground for stagflation - inflation with no real growth. Retailers like Walmart are in the front line of that, and their latest outlook really disappointed markets even as they reported improved current results.Canadian producer prices rose rather sharply in January from December, and were +5.8% higher than year-ago levels. To be fair, some of this is base effect (January 2024 fell -3%) but the recent trend is higher too.Taiwanese export orders fell in January from December and came in -3% below year-ago levels. Analysts had expected them to hold at last year's level. But to be fair, they did rise in local currency; it was the USD change that showed them dragging.In the EU, the consumer mood is improving, largely around the expectation that ECB interest rate cuts will continue. Their sentiment tracking shows it at its best level in four months and this survey came in much better than observers were expecting. But despite all that, it is still net negative as it has been 'forever'.China kept its February Loan Prime Rates unchanged at their record low levels.In Australia, their employed workforce grew by +44,000 in January, above what was expected (+20,000), but less than the December gain (+60,000). But there was a virtuous twist to the January levels with a shift to full-time roles, with +54,000 more of them, and part-time roles shrank -10,000. Average weekly earnings rose +4.6% from a year ago. But high tax rates and inflation at 3.0% will mean most workers felt they just stayed even. (For perspective the NZ jobless rate is 5.1%.)And staying in Australia, the SA State Government and the Federal Government have "seized control" of the Whyalla steelworks - essentially nationalising it. And they are having to tip in AU$2.5 bln to keep it afloat. Its British owner has had a very chequered history.And we should probably note that key Aussie pillar bank NAB has seen its share price fall -15% in a week. CBA is down -6.5%, Westpac is down -11% and ANZ is down -8.0% over the same period. Aussie bank shares are being re-rated lower, and because they are very widely held in Aussie superannuation and KiwiSaver portfolio's savers will notice.Container shipping freight rates fell -10% last week as the puff goes out of global trade, especially on trans-Pacific routes. These overall rates are now -26% lower than year-ago levels, even if they are still double pre-pandemic levels. But with weak trade out of China, these rates will likely fall much further, and quite quickly. Although they remain historically low, bulk cargo freight rates rose +16% last week, although remain -48% lower than year-ago levels.The UST 10yr yield is at 4.50%, down -6 bps from yesterday at this time.The price of gold will start today at just under US$2943/oz and up +US$15 from yesterday, and again close to its all-time high of US$2955/oz.Oil prices are up +50 USc at just under US$73/bbl in the US and the international Brent price is unchanged at US$76.50/bbl.The Kiwi dollar is now at 57.6 USc and up +50 bps from yesterday. Against the Aussie we are also up +10 bps at 90 AUc. Against the euro we are up +20 bps at 55 euro cents. That all means our TWI-5 starts today just over 67.2, but unchanged from this time yesterday.The bitcoin price starts today at US$97,763 and up +1.7% from this time yesterday. Volatility over the past 24 hours has again been modest at +/- 1.4%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

Fear and Greed
Jobs, jobs, jobs; $2.4b to save Whyalla steelworks; iPhone launches new cheap model

Fear and Greed

Play Episode Listen Later Feb 20, 2025 18:53 Transcription Available


Friday 21 February 2025 There are plenty of jobs for everyone, it seems, which is good news for workers but it probably pushes out the next interest rate cut. Canberra and South Australia to pony up $2.4 billion to save the Whyalla steelworks. And Apple set to release a brand new “cheap” iPhone. Plus profit results from Telstra, Wesfarmers, Rio Tinto and Fortescue Metals, and Donald Trump finally earns the ire of local politicians. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Nova National News Briefing
Welcome News For Jobseekers

Nova National News Briefing

Play Episode Listen Later Feb 20, 2025 3:21 Transcription Available


New data shows 44-thousand new jobs were created over the last month ALL of them full-time. The Opposition says Labor's 2-point-4-billion-dollar package to save the Whyalla steelworks, is a waste of money. And Drake has been splashing the cash again to fans at his concerts.See omnystudio.com/listener for privacy information.

Fear and Greed Business Headlines
Fast Five | 21 Feb 2025

Fear and Greed Business Headlines

Play Episode Listen Later Feb 20, 2025 5:55 Transcription Available


Friday 21 February 2025 The top five business stories in five minutes, with Sean Aylmer and Michael Thompson. Jobs, jobs, jobs Federal politicians back Ukraine $2.4b to save Whyalla steelworks Telstra spends up big on phone network iPhone launches new cheap model And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

PM full episode
Whyalla steelworks in administration

PM full episode

Play Episode Listen Later Feb 19, 2025 25:43


The Whyalla steelworks have been forced into administration by the South Australian government after years of financial turmoil.

Australia Wide
SA government forces Whyalla steelworks into administration

Australia Wide

Play Episode Listen Later Feb 19, 2025 29:59


Premier Peter Malinauskas says he will announce "one of the most comprehensive industry support packages that this nation has ever seen" on Thursday.

Money News with Ross Greenwood: Highlights
MWP February 19: SA Steelworks goes into administration, as ASX tumbles again

Money News with Ross Greenwood: Highlights

Play Episode Listen Later Feb 19, 2025 5:13


Sanjeev Gupta's Whyalla steelworks has been taken over by administrators KordaMentha after owing millions of dollars to creditors.See omnystudio.com/listener for privacy information.

Money News with Ross Greenwood: Highlights
Ed Cavanough, CEO of The McKell Institute

Money News with Ross Greenwood: Highlights

Play Episode Listen Later Feb 19, 2025 11:33


If Australia loses the Whyalla steelworks, could it present a sovereign risk with supply likely to come in from China?See omnystudio.com/listener for privacy information.

Money News with Ross Greenwood: Highlights
Money News with Deb Knight - 19th February

Money News with Ross Greenwood: Highlights

Play Episode Listen Later Feb 19, 2025 38:55


The Whyalla steelworks placed into administration as the government considers its options; wage growth declines across the last quarter; reporting season continues; NAB’s result signals a banking shift; the RBNZ cuts rates again; a new app helping travellers find a place to stay; Colgate gets into pet food; and Carl Capolingua joins us for the Market Wrap. Host: Deb Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

David and Will
PM Anthony Albanese comments on Whyalla Steelworks

David and Will

Play Episode Listen Later Feb 19, 2025 8:44


Listen live on the FIVEAA Player. Follow us on Facebook, X and Instagram. Subscribe on YouTubeSee omnystudio.com/listener for privacy information.

7am
Paul Barry on the billionaire who failed Whyalla

7am

Play Episode Listen Later Jan 27, 2025 14:02 Transcription Available


In 2017, the billionaire businessman Sanjeev Gupta rescued the Whyalla steelworks from administration, becoming known as the “saviour of steel”. There was hope in this small town, 400 kilometres north of Adelaide, that steelmaking would continue and the thousands of people who rely on the steelworks for their livelihoods would get a reprieve. But now, the 60-year-old steelworks has been losing $1 million a day, and if it is forced to close – which looks increasingly likely – the town will be hit for six. Recently, investigative journalist and former host of the ABC’s Media Watch Paul Barry visited Whyalla, to find out how the town can be saved and what a transition to green steel might look like. Socials: Stay in touch with us on Twitter and Instagram Guest: Investigative journalist and former host of the ABC’s Media Watch Paul BarrySee omnystudio.com/listener for privacy information.

The Fin
Luxury property & unpaid bills: the two worlds of Sanjeev Gupta

The Fin

Play Episode Listen Later Nov 6, 2024 29:03


This week on The Fin podcast, senior reporter Simon Evans and Rear Window editor Myriam Robin on Sanjeev Gupta's flashy property purchase, his financial troubles and the South Australian town caught in the middle.This podcast is sponsored by UNSWFurther reading:Whyalla steelworks running out of options as taxpayer rescue resistedThe SA premier says it's time Sanjeev Gupta took some action, with governments wary of taxpayer funds being siphoned off to overseas parts of GFG Alliance.The town bearing the brunt of Sanjeev Gupta's financial nightmareThe British industrialist's steelworks looms over Whyalla, population 21,900. There's plenty at stake if things go south.Sanjeev Gupta buys on Sydney waterfrontThe steel magnate is cutting jobs and salaries at the Whyalla steelworks one week, and splashing out for prime Sydney waterfront property the next.See omnystudio.com/listener for privacy information.

The Unmade Podcast
151: An iPad in the Oven

The Unmade Podcast

Play Episode Listen Later Oct 17, 2024 72:18


Haran and Hein discuss a long list of ideas submitted by Stakeholders. Plus Apple product mishaps, weddings, nail biting, and dirt from Whyalla.Support us on Patreon and enjoy The Request Room - https://www.patreon.com/unmadeFMToday's Request Room is here - https://www.patreon.com/posts/114174906Join the discussion of this episode on our subreddit - https://www.reddit.com/r/Unmade_Podcast/Catch the podcast on YouTube where we often include accompanying videos and pictures - https://www.youtube.com/@unmadepodcastUSEFUL LINKSPictures from this episode and Tim's tennis racket (which is discussed in The Request Room) - https://www.unmade.fm/episode-151-picturesEyre Peninsula Monopoly - https://www.tumbybay.sa.gov.au/community/recreation-and-tourism/eyre-monopoly-boardsProject Hamper - https://www.unmade.fm/project-hamperEl Al Flight 1862 - https://en.wikipedia.org/wiki/El_Al_Flight_1862Bing - https://www.bbc.co.uk/cbeebies/shows/bingCatch the bonus Request Room episode - https://www.patreon.com/posts/114174906Information about getting the Request Room into your podcast feed (for patrons) - https://bit.ly/3uQWhNz

The Unmade Podcast
150: Guerrilla Podcasting

The Unmade Podcast

Play Episode Listen Later Sep 30, 2024 44:52


Tim and Brady discuss tennis racquet theft, career choices, the city of Whyalla, Tim's age, sport interviews, guerrilla podcasting, long-dead people, and birthday eves.Support us on Patreon and catch our ‘Request Room' episodes - https://www.patreon.com/unmadeFMJoin the discussion of this episode on our subreddit - https://www.reddit.com/r/Unmade_Podcast/USEFUL LINKSProject Hamper - https://www.unmade.fm/project-hamperWhyalla - https://en.wikipedia.org/wiki/WhyallaBanksy - https://en.wikipedia.org/wiki/BanksyLord Casey - https://en.wikipedia.org/wiki/Richard_Casey,_Baron_CaseyCardinal Joseph-Marie Trịnh Như Khuê - https://en.wikipedia.org/wiki/Joseph-Marie_Trịnh_Như_Khuê