Talking Business with Leon Gettler

Global stock markets tumbled and crude oil prices surged to $99 per barrel on Tuesday after Russia ordered troops into parts of eastern Ukraine.

Investors have shunned cryptocurrencies such as bitcoin as tensions between Russia and Ukraine have escalated, and are instead seeking refuge in the more traditional safe haven of gold.

Australia is welcoming travellers as the country reopens its borders for the first time in nearly two years. However, a sudden recovery seems unlikely given the turbulent climate in the travel industry

Atlassian billionaire Mike ­Cannon-Brookes and his business partner Brookfield say they have set aside $20bn to transition AGL away from coal.

 Australia has recorded its fastest annual wage growth since before the pandemic. The Bureau of Statistics says base pay grew 2.3%.

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Supply shortages have hit super funds, sending them down 2.1%.

Westpac warns house prices will fall 14% over 2023 and 2024.

Australia's Crown Resorts backs $8.9 bln Blackstone bid, ending Packer era.Gladys Berejiklian is gifted an Optus executive position

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Facebook lost another case. This time against the Australian Information Commissioner over Cambridge Analytica in the full Federal Court.

Australia's property prices to fall by 10% in 2023, warns NAB

Taxpayers have been paying more than $10,000 a month for George Christensen’s “e-material” in the same period that he racked up an $85,000 Facebook advertising bill for issues including vaccine discrimination, and a conspiracy theory about the “unelected global elite”.

A measure of Australian business conditions took a turn for the worse in January as a surge in coronavirus cases hit consumer spending,

The re-opening of Australia’s borders on February 21 will not result in a flood of international tourists, but will be a slow rebuild that will take years, according to the industry.

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More than a quarter of female workers at Rio Tinto Group have experienced sexual harassment and almost half of all staff have been victims of bullying, according to a new report Sales of new electric cars in Australia have more than tripled in the past 12 months, Australia’s sovereign wealth fund, the Future Fund, has invested more than $90m in weapons manufacturer Raytheon Technologies, whose laser-guided bomb was allegedly used in an airstrike on a detention centre in Yemen this month killing nearly 100 civilians.

The Australian government is being warned that one-off cash payments to aged care workers will not stem a flood of staff leaving the industry.

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Australian Taxpayers are paying at least $59m for major government advertising campaigns to run in the lead-up to the 2022 election

Australian government launches review into who can call themselves a cosmetic surgeon

Victoria to become home to Moderna mRNA vaccine manufacturing facility.

Top litigator Gina Cass-Gottlieb has become the first woman to head up the ACCC.

 CSL puts $16.4b bet on ageing and obesity

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The Reserve Bank and Treasury are considering the feasibility of a central digital currency, under ­reforms aimed at establishing a regulated onshore cryptocurrency industry

While other arts sectors have been struggling, the value of film and television production surged to a record $1.9 billion last financial year as Australia became one of the world’s safest places to shoot during the pandemic.

Australian Institute of Company directors study shows Australian boards are struggling to prepare their companies or organisations for climate change, with almost half the country’s directors saying they don’t know how to tackle the issue.

Australians are paying more personal income tax as a share of government revenue than any other advanced economy, according to OECD data

The Australian Taxation Office and AUSTRAC could be handed sweeping new surveillance powers, including the right to bug people’s phones and online communications, as part of an overhaul of telecommunications intercept laws.

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The Omicron variant of COVID-19 adds new measures of uncertainty to the outlook for the global economy,

 Westpac admits to charging 11,000 dead customers, ASIC sues for 'widespread' breaches

Australia Post is doing festive season parcel runs with the first of 20 electric trucks joining its national fleet, as it edges towards carbon-neutral deliveries

With budget moved forward to March 29, looking likely Morrison might pop around for tea with the GG around April 3, call an election for May 7 or May 14

Jack Dorsey steps down as Twitter CEO to focus on his other company, Square (digital cash)

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Across financial markets, uncertainty surrounding the COVD-19 pandemic has led to a spike in volatility, dragging equities into bear market territory.

Business owners are being told they should set their own rules on whether customers and staff have to be vaccinated, in a message from Prime Minister Scott Morrison that takes on state premiers amid uproar in federal Parliament over vaccine mandates.

Barnaby Joyce wants to appoint the Mayor of Tamworth, Col Murray, a self-described “pretty solid Barnaby supporter”, as the next chair of Infrastructure Australia.

Missing Sydney businesswoman Melissa Caddick’s assets could soon be sold to repay more than $23 million she stole from her friends and clients.

Woodside’s proposed Scarborough development is equivalent of 15 coal-fired power plants, environment experts say

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Across financial markets, uncertainty surrounding the COVD-19 pandemic has led to a spike in volatility, dragging equities into bear market territory.

Business owners are being told they should set their own rules on whether customers and staff have to be vaccinated, in a message from Prime Minister Scott Morrison that takes on state premiers amid uproar in federal Parliament over vaccine mandates.

Barnaby Joyce wants to appoint the Mayor of Tamworth, Col Murray, a self-described “pretty solid Barnaby supporter”, as the next chair of Infrastructure Australia.

Missing Sydney businesswoman Melissa Caddick’s assets could soon be sold to repay more than $23 million she stole from her friends and clients.

Woodside’s proposed Scarborough development is equivalent of 15 coal-fired power plants, environment experts say

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Scott Morrison declares coal will be used for decades to come, dismissing Boris Johnson’s claim that the COP26 climate summit has sounded a death knell on coal.

CEO behaving badly…Chapter XXX. Oil Search sued for bullying female CFO out of a job.

Prime Minister Scott Morrison’s warning that interest rates could be higher without the Coalition in power hosed down by Reserve Bank of Australia governor Philip Lowe.

Governments must set a date for banning the sale of cigarettes through retailers including supermarkets, and find new ways of boosting revenue without relying on tobacco excise taxes, leading public health researchers say

The total value of Australian banknotes has doubled in a decade, and is up 20% since the start of the pandemic as more Australians hoard cash under their mattresses

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