Talking Business with Leon Gettler

Jeff Bezos plans to give away most of his $124 billion fortune to charity. Find out who gets the cash.

Omnicom, the massive advertising firm that represents McDonald's, Apple, Unilever, and Johnson & Johnson recommends all its clients stop Twitter ad spending. Analysis of the impact on Twitter

Cannon-Brookes wins historic battle to green up AGL Energy's board. Watch this space.

Deutsche Bank forecasts a recession for Australia in 2023. Just when you thought Australia wouldn’t join the US and Europe.

Medibank class action could end up in High Court.

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Musk now considering putting ALL of Twitter behind a paywall and charging ALL users a subscription fee to use Twitter

Apple warns that China’s zero-Covid policies are hurting iPhone production.

Westpac/MI Australian Consumer Confidence now lower than GFC levels--and aside from March 2020, the lowest since 1990, the last recession.

Russia-backed cybercriminal group REvil.claims responsibility for the hack on Medibank

Crown Melbourne handed record $120 million fine for breaching gambling harm regulations

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Elon Musk examines paid verification for Twitter and plans mass lay offs

Eurozone inflation has reached 10.7% higher than Britain’s latest CPI figure of 10.1%.

Australian super funds suffering as global recession fears bite.

Qantas pilot Davida Forshaw sues airline amid sexual harassment and discrimination claims

Qantas CEO Alan Joyce’s $4 million pay day faces an investor backlash and possible protest vote

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 Australia’s federal budget will see a massive increase of 56% in electricity costs over the next 18 months.

RBA data shows Australia’s home prices to drop by up to 20%  

The latest inflation data from the Australian Bureau of Statistics shows annual inflation was 7.3% for the September quarter, the highest since June 1990.

Australia has joined the Global Methane Pledge, becoming one of the last major developed economies to sign on to an effort to reduce emissions of the potent greenhouse gas 30% from 2020 levels by the end of this decade. 

Premier Daniel Andrews plans to restore the SEC in Victoria after 3 decades of privatisation.

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Rupert Murdoch is putting the band together again. News Corp explores merger with Fox Corporation to reunite Murdoch’s empires

Corporate Britain has turned on Liz Truss as MPs are calling on her to resign.

Chinese President Xi Jinping signals no change in direction for two main risk factors dragging down China’s economy — strict COVID-19 rules and housing market policies.

Woolworths’ MyDeal becomes latest target of cyber attack.

Super fund performance continues to slide, forcing investors to make tough choices as traditional diversification strategies fail and inflation becomes a serious problem for the first time in 30 years.

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The IMF points to a growing risk that the global economy will slide into recession next year as households and businesses face 'stormy waters' in most countries

Boris Johnson Inc. Is About to Go Public

The Australian dollar is being steamrolled by world recession fears.

Australian power prices will soar by at least 35% in 2023 amid a choppy energy transition and the closure of coal plants.

CSIRO R&D program tackles growing threat of cyber-attacks facing Australian businesses:

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The UK lesson of blundering Liz Truss and Kwasi Kwarteng's tax U-turn

Elon Musk proposes to proceed with deal to buy Twitter

Jim Chalmers says the government had not changed its tax policy on the stage three cuts but warns “storm clouds” in the global economy were a major factor in looming decisions on tax and spending

Asic sues Harvey Norman over ads for ‘interest-free’ purchases

Australia's biggest wine group, Treasury Wines, says the under 35 age group leading the charge on moderation in alcohol consumption. Says overall, about 45% of people are seeking out low or no-alcohol wines.

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Federal Reserve unsure of US economy’s direction as Wall Street meltdown worsens

British pound plummets to record low against the dollar

Moody’s Analytics lowered its global economic growth forecast to 2.7% for 2022 from 4.2% forecast in January, citing rising stagflation risks worldwide

Rio Tinto is reeling from allegations that a worker in its iron ore operations sexually assaulted a woman and threatened her with a makeshift weapon at one of the miner’s accommodation villages.

Slater and Gordon has announces potential class action against Optus on behalf of current/former customers arising out of the recently announced customer data breach.

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Central banks are intent on driving the world economy perilously close to a recession.

 Mark Zuckerberg’s net worth fell by more than 50% this year as Meta struggles to find a footing in the tech industry.

The RBA will tip Australia into recession and cause a ‘material’ property downturn if it lifts rates as aggressively as expected, Barrenjoey’s Jo Masters says.

Fortescue Executive Chairman, Andrew Forrest rebuts Elon Musk’s criticism over hydrogen.

Australians are the richest people in the world, according to Credit Suisse. 

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Central banks are intent on driving the world economy perilously close to a recession.

 Mark Zuckerberg’s net worth fell by more than 50% this year as Meta struggles to find a footing in the tech industry.

The RBA will tip Australia into recession and cause a ‘material’ property downturn if it lifts rates as aggressively as expected, Barrenjoey’s Jo Masters says.

Fortescue Executive Chairman, Andrew Forrest rebuts Elon Musk’s criticism over hydrogen.

Australians are the richest people in the world, according to Credit Suisse. 

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