FEAR & GREED | Business News

Qantas is sacking 6,000 staff and grounding 100 aircraft and doesn’t expect a return to normal for more than 12 months. CEO Alan Joyce is making the tough calls he says are necessary to keep the airline going.

Also today:

• Russians go to the polls and in all likelihood, President Vladimir Putin will be re-elected… for another 16 years
• The battle retail between tenants and landlords heats up
• And Australia and New Zealand win their bid to host the 2023 Women’s Soccer World Cup

Plus an interview with former professional golfer and broadcaster Mark Allen, about one of the world’s richest games.

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Sean Aylmer speaks with Mark Allen, former professional golfer and now broadcaster on Melbourne's 3AW, about the business of golf - how the sport can afford such enormous prize money, and what Australia needs to do to have more golfers competing on the world stage. 

Find out more: https://fearandgreed.com.au/

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A surge in new cases of COVID19, panic buying in supermarkets, new restrictions on movements – it’s all happening again. 

Also today:

• Where’s Albo?  The federal opposition leader re-emerges from forced hibernation
• Big cuts at the ABC
• And vapers beware – the end is nigh for lovers of e-cigarettes

Plus an interview with Anthony Pascoe, executive chairman of IWS (‎Integrated Workforce Solutions) Australia about how small business is coping. 

Find out more: https://fearandgreed.com.au/

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Sean Aylmer speaks with Anthony Pascoe, Executive Chairman of IWS Australia, a company that allows businesses to outsource their backend administration.  Anthony has had a front-row seat to how many small businesses have handled the COVID-19 crisis, and also talks about the red tape that results in companies like Woolworths underpaying staff.

Find out more: https://fearandgreed.com.au/

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Woolworths is experiencing record growth, but its underpayment scandal to staff has just gotten worse.

Also today:

• The fallout from the COVID-19 outbreak in Victoria continues
• The sexual harassment scandal at the High Court triggers a surge in cases of similar behaviour in the legal profession
• Apple has spoken. And the world listened.

Plus an interview with risk expert Dr Gavriel Schneider about how to think about taking risks in a COVID-19 world.

Find out more: https://fearandgreed.com.au/

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Sean Aylmer speaks with Dr Gavriel Schneider, CEO of the Risk 2 Solutions Group, about the psychology of risk, and how businesses can come through challenging times stronger.

Find out more: https://fearandgreed.com.au/

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A former Justice of the High Court of Australia has been found to have sexually harassed six staff members.  It’s a story with widespread ramifications - the High Court must be the benchmark in upholding standards. 

Also today:

• Nothing will be back to normal for a long time, says the Reserve Bank Governor
• State Premiers become nervous about the COVID-19 outbreak in Melbourne, but the Prime Minister wants restrictions across the country eased
• And a huge day in company news as the pandemic starts to bite

Plus, an interview with Vanguard’s Robin Bowerman about how to invest in the current climate.

Find out more: https://fearandgreed.com.au/

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Sean Aylmer speaks with Robin Bowerman, Head of Corporate Affairs for Vanguard, who details his four main rules for investing in these turbulent times.  Robin also provides some valuable suggestions for anyone with a self-managed super fund, or who may be considering starting an SMSF.

Find out more: https://fearandgreed.com.au/

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A surge in COVID-19 cases in Victoria, and 150,000 new cases globally in just 24 hours, has sparked fears of a second wave of coronavirus infections. 

Also today:

• Donald Trump holds his first re-election rally to a smaller than expected crowd
• The Fair Work Commission delays wage rises for millions of workers
• And Jetstar offers $19 airfares, but the competition watchdog isn’t happy

Plus an interview with ANZ senior economist Cherelle Murphy about last week’s disastrous employment figures.

Find out more: https://fearandgreed.com.au/

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Sean Aylmer speaks with ANZ Senior Economist Cherelle Murphy about unemployment, and what the rest of the year will look like for jobs in Australia.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.