Talking Business with Leon Gettler

Here is the week's business, finance and economics news - in just 30 minutes

Latest episode

  • Talking Business #4 Interview with Matt Vitale from Birchal

    The banking oligopoly looks to be entrenched. It seems that the takeover of Suncorp bank by ANZ allowed by the Competition Tribunal despite ACCC objections. Competition law in Australia is a joke.Research undertaken by the OECD has concluded that those parts of the country with the highest level of migrants tend to have the highest productivity.Four Corners reveals that Coles and Woolworths have been profiting from higher prices at the check-out, despite repeated assurances from the supermarket giants that they’re doing everything in their power to keep grocery bills down.Star Entertainment is on the verge of losing a lucrative licence to operate one of two Sydney casinos after the NSW regulator launched an independent inquiry into whether the company had fixed major cultural failures.Seven Group, headed by billionaire Kerry Stokes and his family, already owns nearly 72% of Boral, and the bid is designed to mop up the rest of the company.Follow my socials on:

More episodes

View all episodes

  • 3. Talking Business #3 Intervie with Nina Webster from Dimerix

    Sydney house prices force thousands of young families out of NSW, productivity commission says. At least 150 Australian Tax Office officials have been implicated in the TikTok tax fraud where tens of thousands of Australians learned how to game collecting GST. Australia is going after X. Communications minster, Rowland warns that when new laws are introduced X faces fines for 5% of annual turnover if they don’t stop mis and dis- information Australian senators say they have “no confidence” and are “worried” about PwC’s ethical practices as it continues to withhold a global report on its misuse of government information from the inquiry into consulting services What to make of the sudden departure of more top female talent from Australia Post’s executive teamFollow my socials on:
  • Talking Business#2 Interview with Dr Ron Weinberger from EMVision

     Although the RBA maintained its cash rate at a 12-year high of 4.35% — as predicted by economists – its quarterly forecasts showed inflation will only hit the midpoint of its 2-3% target band in 2026. Looks like interest rate cuts could be some time away.  Utes, four-wheel drives and other light commercial vehicles could be phased or priced out of the market under Chris Bowen’s long awaited vehicle efficiency standards.A PwC partner that the firm incorrectly publicly linked to its tax leaks scandal is planning to sue it for defamation after mediation talks between the parties fell apart. Renewable energy developers are facing a new ratings system to weed out “cowboys” from the ­industry, The deputy chair of the corporate regulator has warned the financial sector may not have learned the lessons of the landmark Hayne royal commission, noting many companies continue to make similar mistakes in dealing with customers.  Follow my socials on:
  • 1. Talking Business#1 Interview with Steph Shatz from Second Nature Program

    Hong Kong court orders liquidation of troubled Evergrande echoing Lehman Brothers' collapse. Banks, suppliers, and property owners  in China  take a massive hit. The real estate crisis poses a threat to its economy's recovery. Experts say Changes to Stage 3 means the government is aligning better to tax design principles and relieves pressure on families disproportionately affected by the cost-of-living crisis. Assistant Treasurer Stephen Jones says the government is not done yet with its response to the PwC tax scandal, with more reforms on the horizon to take on the big four audit firms. Analysts warn the nation’s top supermarkets, Woolworths and Coles, could undershoot profit expectations over the next two years Australian Retail sales slump in December in a hangover from Black Friday.Follow my socials on:
  • 45. Talking Business #45 Interview with Ben Pfisterer from Zeller

    What does Chemist Warehouse's Australian merger mean?The long-term cost of the federal government’s debt interest bill has blown out by $80 billion since the May budget, overtaking the NDIS.Australia’s insurance giants warn premium costs will spiral beyond the reach of more households unless homes are relocated from high-risk areas & planning laws consider natural disasters.Luxury property, cars, boats and cash worth $110 million have been seized from the country’s biggest money-laundering ring by Australian Federal Police.Morry Schwartz steps aside as chairman of independent publisher Schwartz Media. His contribution to Australian media has been enormous, and so many owe him so much, both as writers and readers  Follow my socials on:  
  • 44. Talking Business #44 Interview with Tom Cornell from HireVue

    Chalmers appoints Bank of England economist Andrew Hauser as the next deputy governor of the RBA, a rare external appointment of an expert who will help shepherd the central bank through its biggest changes in decade Fallen war hero Ben Roberts-Smith has been dealt another huge blow, ordered to pay more costs in his failed defamation trial.   ASX-listed Seven West Media’s TV network will continue paying the rent of former Liberal staffer and accused rapist Bruce Lehrmann in Sydney until June next year The millions of Australians and thousands of businesses left without phone and internet service during the crippling Optus outage are being asked to make submissions to a government-led review, Australia becomes the first country to limit vaping.Follow my socials on:  
  • 43. Talking Business #43 Interview with David Fairfull from Metigy

    Sam Altman is back at OpenAI as CEO, Greg Brockman, and the rest of the team is reinstated. Guess what? Open AI has new board members.  Fresh RBA minutes from its Melbourne Cup Day meeting revealed the central bank had left the door open for further rate hikes should inflation prove persistent. Kelly Bayer Rosemarie has stood down as OPTUS CEO. She should get a generous payout as she goes. Say about 200 Terabytes of OPTUS mobile data?  Iconic Australia hatmaker Akubra is set to change ownership for the first time in five generations after being snapped up by Andrew Forrest. Australia’s top housing markets will see falls next year as interest rate hikes hit households just as the economy slows, according to forecaster SQM Research Follow my socials on: