Talking Business with Leon Gettler

Australian construction sector insolvencies have surged over the past three months as costs for everything from materials to insurance continue to blight the troubled $360bn industry.

ACCC report finds the average Australian family with two children under three is spending up to 16% of their household income on child care, ranking Australia 26th out of 32 countries in the OECD.

Coal power hits a new low in Australia when rooftop solar supplies 51% of total demand on the National Electricity Market

Australian colleges that target international students will be banned from paying commissions to agents who facilitate poaching from universities and other colleges, under reforms to limit widespread rorting of the visa system.

The South African owners of Country Road Group plans to open new stores and potentially expand overseas

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Soaring petrol prices pushed inflation higher in August

Rupert Murdoch will be entitled to pension benefits worth nearly $219 million from his US operation Fox Corp.

Super fund HESTA warns the largest listed companies it intends to vote against male directors of boards with low female representation.

Qantas shareholders have demanded chairman Richard Goyder's resignation and placed the rest of the airline's board on notice

Council of Financial Regulators warns about the impact of the China slowdown on Australia.

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Cyber criminals already using generative artificial intelligence to craft more persuasive scams

ASIC warns that company directors could be in breach of their duties if their companies fail to adequately deal with cyberattacks

Research reveals that almost every person in NSW and Queensland was hit with a natural disaster in the past 12 months

Qantas chairman Richard Goyder faces a fresh battle to keep his job after a leading industry group called for his dismissal over a board decision to engage Boston Consulting Grou

The average chief executive pay at some of Australia’s biggest companies is more than $5m, and dozens received double-digit salary increases, according to annual reports and other information released during the recent profit reporting season

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 World leaders agree a strategic effort to counterbalance Chinese influence

Prized Australian tourism and holiday destination Hamilton Island looks set to sell with its current owners understood to be discussing the move.

News Corp CEO Robert Thomson warns AI will create a "tsunami" of job losses at publishers.

Gina Rinehart has not ruled out launching a bid to rival Albemarle’s $6.6 billion takeover tilt at Liontown Resources after confirming she now holds a strategic stake close to 8% in the West Australian lithium prize.

CSL targets $33bn asthma market with new drug

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Qantas announces that Alan Joyce has stood down as CEO of Qantas early. For the first time, Qantas is ahead of schedule.

Forrest empire exodus spreads with two more CEOs leaving,

The Australian arm of Hilton Worldwide has gone to battle with the Australian Tax Office over allegations that it hasn't paid over $80 million in taxes, penalties and interest.

ASIC takes Westpac to court, alleging it failed to respond to hardship notices in time.  

Warnings that hotter, drier days caused by the looming El Nino are forecast to wipe $12 billion off the value of agricultural production this financial year.   

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Qantas CEO Alan Joyce has been grilled over the airline's contribution to the cost of living crisis during an inquiry conducted by the Senate.

 The Morrison Government’s Modernising Business Register, designed to save business money, blew out by $2 billion.

460 company directors urge "yes" vote in Voice referendum calling constitutional recognition a critical step towards a more inclusive Australia.

Fortescue Mining boss Fiona Hick leaves as profits fall and dividends cut. Analysts say the lack of explanation of Hick’s departure and the attempt to spin Otranto’s appointment as planned is an insult to investors.

1.5 million (29.2%) Australian mortgage holders were ‘At Risk’ of ‘mortgage stress’ in the three months to July 2023. This period encompassed two interest rate increases of 0.25% taking official interest rates to 4.1% in June.

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China’s $18 trillion economy is decelerating, consumers are downbeat, exports are struggling, prices are falling and more than one in five young people are out of work.  

Australia is set to lose it’s AAA credit rating because of ‘Climate Change’

Optus is the most distrusted brand in Australia in the 12 months to June 2023, replacing Facebook/Meta for the first time since Roy Morgan began measuring trust and distrust in 2018.

Telstra, News Corp and Amazon round out the top five

The latest intergenerational report forecasts annual average growth of 2.2% over the next 40 years, which would be the lowest since World War II, and 0.9 percentage points lower than the average annual growth of the past 40 years

Solomon Lew’s Premier considers demerger following CEO Murray’s shock exit

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Russian rouble falls to 16-month low against US dollar

Major companies like Unilever, Siemens, and Maersk are increasingly turning to artificial intelligence to navigate complex supply chains, address geopolitical tensions, and ensure environmental and human rights compliance.

Australia’s richest person Gina Rinehart committed “egregious fraud” and then lied about it, a trial over billions of dollars in iron ore riches has been told.

Australian home insurance premiums jumped the most in two decades, driven in part by weather catastrophes

A Treasury review into secrecy laws that bind the Tax Office will consider the fallout from a $1.6 billion tax fraud scheme executed via TikTok

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How far back does the PwC tax leaks scandal go? The battle between the ATO and PwC has been going for at least six years.

Consulting firms caught promoting tax exploitation schemes will be fined up to $780 million, a 100-fold increase, under the Albanese government’s sweeping response to the PwC tax leaks scandal

KPMG overcharged Defence while raking in billions of dollars.

Former supreme court judge Sofronoff and former DPP Drumgold face investigations that could lead to them both having charges brought against them. You can’t make this up.

More than one in 10 firms in the retail, hospitality and construction sectors are at risk of going bankrupt in the next 12 months, according to research from Illion.

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Could the RBA’s aggressive rate hike cycle be over?

Electric vehicle sales surge in Australia with more sold in the first half of 2023 than in all of 2022

 Ben Roberts-Smith’s key supporters at Seven West Media forced to hand over thousands of documents showing their involvement in the former soldier’s failed defamation case

DFD Rhodes stakes claim on Gina Rinehart's fortune as court hears Lang Hancock 'exaggerated' personal role in iron ore discovery  

The number of disgruntled Qantas passengers continues to soar

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