Talking Business with Leon Gettler

Nvidia chief Jensen Huang says AI is creating a ‘new computing era’  The strength of the Qantas brand has been dented by high airfares, negative publicity and performance issues, according to new analysis of the world’s top airlines. Australians have enthusiastically embraced champagne since the end of lockdowns and Covid-19 restrictions, propelling the nation to become the sixth-largest champagne market in the world.Many among the 900-strong partnership at PwC Australia fear the firm is descending into a civil war that could take years to recover from.The ACTU wants the Albanese government’s upcoming same job, same pay laws to target major companies such as CIMIC, Qube, BHP and Qantas for using labour hire-like structures to push down pay.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

Economists say US can weather ongoing crises, but recession remains on the table Facebook’s parent Meta has been ordered to pay a record $1.3 billion (€1.2 billion) fine by the European Union, for failing to adhere to the bloc’s stringent privacy rules UBS says food price inflation is continuing to climb as its Australian supermarket price tracker survey suggests food inflation was 9.3 per cent higher in the year to April. The Australian government has decided Buy Now Pay Later is credit, placing it under stricter regulations Growth in the National Disability Insurance Scheme has already exceeded full-year participant forecasts released just months ago, as about 200 people join every day.  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

 Linda Yaccarino: an advertising veteran enters the wild world of Musk’s TwitterFormer RBA Governor Glenn Stevens warns that interest rates are unlikely to fall amid a 'once-in-a-generation' inflation battlePwC targeted Apple, Google, Microsoft with leaked tax planPwC tax leak crisis could see more executive heads roll with corporate veteran Ziggy Switkowski to lead internal probe.ATO cracking down on landlords and Capital Gains this year. A review found nearly 9 out of 10 landlords are incorrectly claiming expenses. 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 complete analysis of the Albanese government budget.  Jenny Craig will close its doors after nearly four decades “due to its inability to secure additional financing" Australia’s 30 largest superannuation funds have increased their exposure to industries with high greenhouse gas emissions, despite many commitments to net zero,PwC CEO stands down over tax leak scandal. It was inevitable Airfares are rising at more than twice the rate of inflation , as carriers cash in on surging demand for travel that has defied broader economic headwindsFollow 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

The second largest bank collapse in American history took place as the Biden admin seized First Republic Bank and JP Morgan Chase Bank swooped in to assume all of the deposits for insured and uninsured. The big banks again get bigger with the help of the US government. RBA surprises with 25 bps rate hike; cash rate raised to 3.85%. Time for a pause or more hikes?There aren't many female CEOs of airlines in the world. It's a credit to Qantas that a gay Irish man appointed 15 years ago is replaced by a woman.Financial and crisis counsellors are reporting the highest rates of mental distress they have seen as a growing number of Australians cancel appointments with their psychologists to cut costsModelling by Hugh Miller and Laura Dixie from actuarial firm Taylor Fry shows that economic inequality in Australia is at a 70-year high. No longer the “lucky country” for many.  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

Analysis of Fox sacking Tucker Carlson, one week after the settlement with Dominion,  Twitter is adding verified check marks to the accounts of dead celebrities, making them look like paid Twitter Blue subscribers Central bankers are loading up on gold as geopolitical tensions including the war in Ukraine rise News Corp co-chairman Lachlan Murdoch’s battle against small news outlet Crikey is set to continueAlmost none of the new and current Reserve Bank of Australia board members have the typical qualifications required to serve on a foreign central bank or to set interest rates, according to economists and former bank officials.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 

China will be the top contributor to global growth over the next five years, with its share set to be double that of the US, according to the International Monetary FundA last minute settlement has been reached in the defamation lawsuit against Fox News, sparing Murdoch a damaging trial. The settlement comes after the case looked quite horrific from Fox News' standpoint. Business collapses hit a 3½-year high last month, to jump back above pre-pandemic trends for the first time, as rising interest rates and a cooling economy hurt corporate Australia.The National Disability Insurance Scheme has “lost its way” and needs a “reboot” says Bill Shorten.Australians lost a record $3.1 billion to scams in 2022, an 80% increase on total losses recorded in 2021.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 

The International Monetary Fund trims its global growth outlook and warns recession risks have grown on tremors in the banking sector. Grattan Institute says the Australian government should reduce deficits by redesigning the stage 3 tax cuts, raising the GST to 15%, cutting superannuation tax concessions and reining in the NDISMilkrun has gone bust with all staff made redundant.New home building in Australia has slumped by 27% from its pre-pandemic high of five years agoCyber security experts warn the rate at which criminal gangs and state actors are targeting the health care sector is acceleratingFollow 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   

By cutting oil output so much with Brent close to $100, OPEC+ is gambling with the global economy.Medicare is haemorrhaging up to $3bn a year in waste, according to a government review.Local Australian start-up investment cratered in the first quarter of 2023.Tax breaks on superannuation cost the budget $45b a year. And they'll soon exceed the cost of the age pension according to the Grattan Institute, who are pushing for major reform.Social media app TikTok banned from Australian government-issued devices over security concernsFollow 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