Talking Business with Leon Gettler

The markets are waking up to the prospect of Trump winning the election following the assassination attempt. That means tax cuts, tariffs and de-regulation. There is also heightened political risk which may add to volatility.

A group of ultra wealthy people are donating millions to a super PAC backing Donald Trump for President. Elon Musk is leading the charge with $US45 million per month to get Trump elected.

The International Monetary Fund has warned that high inflation is proving more persistent than expected, potentially forcing central banks to keep interest rates higher for even longer than predicted.

The Labor government will appoint an administrator to fix CFMEU, saying it doesn’t want to deregister them like Labor PM Hawke did to the BLF, not mentioning that the CFMEU was created out of the BLF.             

Qantas boss says Australia can’t sustain more than three airlines.

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