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Rocky Lalvani from Profit Comes First

2:17  Says the way business owners should build profit is to use one formula: Sales minus profit = expenses. This forces them to constrain expenses.

4:30 He says his system creates early warning signals for businesses that they are running out of cash.

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Independent economist Nicholas Gruen

13:52 Says Trump’s tariffs will create “basic chaos” in supply chains

14:08 Says Trump’s tariffs will create a lack of trust. “Why would you sign an agreement with the United States ever again?”

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Angelina Wu, co-founder and CEO of investmentmarkets.com.au

2:24 Says investmentsmarkets.com.au will cover all equities, property, alternative assets, industries and start-ups.

4:18. The idea is not to endorse any product issuer. investmentsmarkets.com.au is a discovery tool for investors doing their own analysis. They don’t want to insult investors’ intelligence.   

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Independent economist Craig James

12:54 Says what’s affecting the Budget is that expenses are running at 8% annual pace whereas revenues are running at4%

16:32 Says Trump’s policies on tariffs on April 2 and the uncertainty around them is affecting central banks.

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Trilogy Hotels CEO Scott Boyes

2.24: Says the Trilogy model breaks up the running of a hotel to its best assets: a manager operating the hotel and specialists running the brand and its distribution, sales and loyalty delivering a better outcome for the owners.

7.44 Says 80% of hotels in the US operate using this model whereas in Australia it’s new.

ScottBoyesMarch14.wav

AMP Capital chief economist Shane Oliver  

11.04 Says the latest profit reporting season turned out to be “pretty ordinary”

15,02 The big issue for Australia with Trump’s tariffs is they are a drag on the economy.

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Here are this week’s Talking Business snippets

Bob Huber, the chief security officer at Tenable,

2:30: says 38% of all cyber-attacks are Ranswomware

6:44 Talks about the global revolution of cyber crime and zero day attacks

BobHuberMarch7.mp3

Independent economist Saul Eslake says

12:55: Says the Australian government can’t expect a rate cut before the next election

 17:23: Says Trump’s policies will put upward pressure on inflation around the world.

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Dario Valenza, founder of Carbonix

1:51 Carbonix  helps the electricity operator monitor everything in their infrastructure, travelling over hundreds of kms with drones to stop blackouts, saving them the cost of sending out operators.

3:41 Carbonix does it with about 2% of what a helicopter or fixed wing aircraft would do. The fuel tank could fit in your fridge.

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Independent economist Nicholas Gruen

11:00 Suggests Australia could follow the footsteps of the Michigan Independent Citizens Redistricting Commission which was made up of citizens as an extra chamber to the Senate.

15::03 Says citizens could be selected for this panel in the same way that they select juries.

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Ashleigh Potocki, the joint owner of The Afterglow Studio

2:47 Says when it comes to funding, lenders don’t understand the beauty industry where so many women entrepreneurs are based and they deem it as high risk

3.45 While she is the CEO of the company, she’s needed her husband, although he has no beauty industry experience, to meet the criteria to get funding.

 video1134615835.mp4

Rabobank economist Michael Every

12:04 Says Donald Trump is shaking up the global trading system to a level not seen since the Berlin Wall came down.

13:04. Says Trump is creating a fragmented fractured global trading system where the US is holding up its roof but not nobody else's.

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Holly Fowler CEO and founder of Wable:

5:36 Says Wable which was started in Melbourne for neurodivergent people is now getting getting noticed by people all over the world

7:05 Says Wable might have started as a dating app but has now become a platform for people to connect and make friends with other neurodivergent people or those who understand what it’s like.

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Independent economist Saul Eslake says:

16 51: Trump’s tariffs will increase US inflation

21:48 Compares Trump’s inaugural speech to taking over the Panama Canal & Greenland to a hypothetical scenario of Putin declaring in his inaugural speech of acquiring back Alaska.

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Spiros Papetropoulos, CEO of Bionomics

3:51 Says up until now social anxiety is treated with drugs like Valium which don’t work for everyone and run the risk of addiction.

10:56 Says Bionomics is now preparing work for health authorities in the US for its BNC210 programs to treat social anxiety

SpyrosPapapetropoulosFeb7 .mp3

AMP Capital chief economist Shane Oliver

13:06 Says that while it’s not certain, AMP forecasts the Reserve Bank of Australia will ease interest rates in February and then adopt a cautious approach to rates

21:06 Predicts investors will have a a tougher more volatile market in 2025 compared with the last two years, with returns of about 7-8%.

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