Talking Business with Leon Gettler

Woolworths says two weeks of industrial action has cut $50 million in sales from its supermarket business as the retailer struggles to stock shelves. Higher than expected retail sales cast doubts on whether the Reserve Bank of Australia will cut rates.Many households find themselves under financial pressure, even as government rebates attempt to mitigate the impact of escalating energy prices.A new report by the BCA ranks Victoria as the worst state or territory for doing business, with more onerous regulations acting against growth and investment on a range of measures.Australian housing prices have increased for the 22nd month in a row, but the market appears to be losing steam.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop

RBA warns: US-China trade war could sink markets and rates!Australia's inflation stays within the RBA's target, but rate cuts remain on hold as the central bank awaits stronger evidence of easing price pressures.Super tax hike faces delay, uncertain future before election!Record deficit looms: Economic woes set stage for election showdown!"Amazon shakes up grocery market, rivals Woolies and Coles!Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop

Chinese leader Xi Jinping tells US President Joe Biden that he’s ready to work with Donald TrumpBluesky app designed for users to express themselves with peace, love and understanding. Because they say X is the problem. Forget about a rate cut before the election! The Reserve Bank of Australia says it’s highly unlikely to cut the cash rate in either February or April. Banking major National Australia Bank, or the NAB is in trouble on two legal fronts. Treasury stun bankers by suddenly emailing them about a new regional services bank levy that proposes to redistribute revenue to institutions that maintain a larger presence in the bush Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop 

A Wall Street strategist has warned that Trump's proposed trade war raises the chances of a US recession to 75%.Australian Treasurer Jim Chalmers claims a US-China economic split under Donald Trump would undermine Labor’s plan to ramp up the export of green metals and hydrogen due to interruptions in global tradeAustralian billionaire Anthony Pratt will now live in the US deciding to move there because of Trump’s victory.New findings show that victims of work-related sexual harassment don’t have the option of reporting incidents anonymously at more than three in ten medium and large companies.Sacked Nine news boss Amanda Paterson calls in the lawyers.   Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop            

An analysis of what Trump’s victory means for the US and global economies. The Reserve Bank of Australia has held interest rates steady. It says underlying inflation is not expected to ease to 3% until mid-2025  and “remains too high”. This means that other central banks are cutting rates but the RBA won’t be joining them any time soon.Mineral Resources billionaire Chris Ellison is booted out after ripping off taxpayers and his own company.The scandal over flight upgrades for Australian politicians continues. For the airlines, the pollies are great business.Prime Minister Anthony Albanese has fired the starting gun for the federal election, outlining a cradle-to-the grave policy agenda leaning heavily on education and health. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop

Australia's inflation rate fell to 2.8% in Q3 of 2024 from 3.8% in Q2, marking the lowest figures since Q1 of 2021. However, services inflation is still too high.  The change of government in Queensland was not caused by cost of living issues. Chalmers rules out big spending despite loss.Report shows the inept Morrison government’s delays procuring COVID-19 vaccines cost lives and delivered a $31 billion hit to the economy.Myer has bought billionaire Solomon Lew's clothing brands in a mega deal for the department store, giving Lew 27% of the bigger Myer group.The super fund for butchers and meat industry workers will emerge as the largest shareholder in fruit and vegetable processor SPC when it relists on the ASX in December. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop