The Fin

This week on The Fin podcast, senior reporters Jonathan Shapiro and Jemima Whyte discuss the rise of an unusual tech billionaire, what happens when personal matters become public, and what it means for his listed company, Wisetech.

This podcast is sponsored by IG

Further listening:

How I Made It Podcast: Why Richard White avoids risk at all costs

Further reading:
Richard White’s alleged lover claims he expected sex for investment
In documents filed with the Federal Court, the wellness entrepreneur said a business trip to New York changed when the billionaire booked only one hotel room.
WiseTech board decides White’s alleged affair strictly ‘personal’
The legal stoush between software billionaire Richard White and Sydney wellness entrepreneur Linda Rogan is a “personal” matter according to WiseTech’s board.
Billionaire Richard White attempts to bankrupt alleged former lover
Lawyers acting for Double Bay wellness entrepreneur Linda Rogan say WiseTech Global founder’s legal claim against her is an “abuse of process”

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This week on The Fin podcast, economics correspondent Michael Read and political correspondent Tom McIlroy discuss whether winding-back the two big tax advantages to buying property – negative gearing and the capital gains tax discount – will help solve Australia’s housing crisis.

This podcast is sponsored by IG

Further reading:
These Australians are most likely to negatively gear their properties
The housing policy choices facing voters
We’re more nuanced on negative gearing than five years ago
A quick guide to the politics of housing tax breaks

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This week on The Fin podcast, political editor Phillip Coorey and AFR Magazine editor Matthew Drummond discuss what was behind this year's power moves. And AFR cartoonist David Rowe tells us who is his favourite prime minister to draw.

This podcast is sponsored by IG

Further reading:

• Election season and rates angst are behind this year’s power shifts

Someone wasn’t happy to be on this year’s Power list. But even Power listers have no say in the process.

• Power list reveals diminished influence of Australia’s corporate sector

This year’s list reflects the fading voice of CEOs and the growing size, scale and power of the superannuation sector.

• The Gaza conflict ripped through the arts and ripped it apart

The conflict in Gaza hangs heavily over theatres and galleries, as animosities lead to a wave of resignations, donor withdrawals and boycotts.

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This week on The Fin podcast, BOSS deputy editor Patrick Durkin and senior reporter Max Mason discuss the legal fight over the Pratt packaging fortune.

This podcast is sponsored by IG

Further reading:

• Family trust: Inside the Pratts’ legal soap opera

Richard Pratt carefully designed a succession plan for his three children, Anthony, Heloise and Fiona. But even the best-laid plans can wind up in court.

• Anthony Pratt a witness to father’s love for half-sister: court claim

Billionaire Anthony Pratt and his sisters were witness to the “bonds of love and affection” between their late father and his “love child” Paula Hitchcock, claim new court documents.

• Pratt played Trump better than most, new recordings reveal

Despite privately comparing Donald Trump to the mafia, Anthony Pratt entered an administration whose policies lowered his taxes and benefited his business.

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This week on The Fin podcast, senior writer Neil Chenoweth and media and marketing reporter Sam Buckingham Jones on why Lachlan’s position as successor is in doubt, what Rupert is trying to do about it and whether he can win.

This podcast is sponsored by IG

Further reading:
The three headaches of Rupert Murdoch in his battle for control
A bombshell lawsuit between Rupert, Lachlan and his other children begins in Reno, Nevada, next week. Meanwhile, shareholders want change and Foxtel’s for sale.
The Murdoch succession saga is far from over
Two weeks after turning 52, Lachlan Murdoch is facing the worst of worlds. After three difficult decades he’s finally won the race to be Rupert’s successor at the head of News Corp and Fox Corporation. At last, he has the reins, he’s finally the man. Except that his father is still around.
Trouble in the Murdoch trust fund
If you think you’re doing it tough in the COVID-19 lockdown, spare a thought for Rupert Murdoch’s family – they really don’t get on but they’re locked together in a family trust … forever.

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This week on The Fin podcast, Technology editor Paul Smith and Chanticleer columnist Anthony Macdonald discuss the rise of AirTrunk, whether Robin Khuda can grow it to a $100 billion business and what might get in his way.

This podcast is sponsored by IG

Further reading:
Robin Khuda is the ringleader of this year’s biggest M&A deal
The founder of AirTrunk has cashed in on the inexorable rise in demand for processing power and built a vast fortune on the rise of cloud computing.
Inside Project Amidala: AirTrunk’s $24b deal
Four years ago, Blackstone missed its chance to buy up the data centre giant. It wasn’t about to make the same mistake twice, even if it cost $24 billion.
Khuda sets $100b valuation target for AirTrunk’s next trick
Billionaire Robin Khuda has praised his own foresight in investing in data centres tailor-made for tech giants after creating a $24 billion business in less than a decade.

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This week on The Fin, deputy property editor Michael Bleby and luxury property writer Bonnie Campbell discuss why property listings are up as the Spring selling season takes hold and address the all-important question - is now a good time to buy?

This podcast is sponsored by IG

Further reading:

https://www.afr.com/property/residential/a-5m-sydney-home-that-failed-to-sell-shows-level-headedness-is-back-20240818-p5k39y

https://www.afr.com/property/residential/first-look-inside-the-50m-sirius-penthouse-20240828-p5k63f

https://www.afr.com/property/commercial/how-construction-failures-push-up-costs-for-builders-and-consumers-20240826-p5k5hs

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This week on The Fin podcast, senior reporter Ronald Mizen and media and marketing reporter Sam Buckingham-Jones on the case for and against gambling ad reform, what the government is likely to do and whether it will be enough.

This podcast is sponsored by Team Global Express

Further reading:

Rowland wins some, loses more in gambling advertising debate
Pointless non-disclosure agreements, an agitated backbench – miscalculations have marred long-overdue reform to wagering advertising rules

TV ad ban but not jerseys and field signs is ‘illogical’: bookies Sportsbet, Entain and Pointsbet say they won’t put their logos on sports jerseys or around the stadium during live sport

Gambling ad ban MPs to go over Rowland’s head and lobby PM direct The direct approach over the head of the communications minister illustrates growing frustration in Labor ranks over the party’s position on gambling advertising

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This week on The Fin podcast, United States correspondent Matthew Cranston and International editor James Curran on why the presidential race has been turned on its head, how the candidates and their running mates match up and what they would mean for the world if they make it to the White House.

This podcast is sponsored by Team Global Express

Further reading:

Obamas ignite Harris campaign but warn of tight race
The former president told a roaring crowd the vice president would not be a self-centred leader like Trump, but instead focus on improving Americans’ lives.

Kamala Harris’ big test this week: Policy or personality

All eyes will be on the vice president at the Democratic National Convention as she tries to keep momentum going in the race for the White House.

Democrats now the American dreamers

Democrats have become the true believers in the American mission. Republicans will be more prudential in assessing foreign policy capacities.

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This week on The Fin podcast, professional services editor Edmund Tadros on the rise of a sales-driven culture at PwC, why the firm bungled its response to the tax leaks scandal, and why it has failed to move on.

This podcast is sponsored by Team Global Express

Further reading:

‘We couldn’t believe it’: Insiders reveal how PwC unravelled as scandal broke The inside story of how PwC transformed from dull accountant into a sales-driven firm that would tear itself apart.
‘I’ll make you more money’: Inside Seymour’s CEO pitch
The candidates had unofficial campaign managers and developed manifestos. Lobbying was done in the office, over drinks, during the weekend. And like any good election, the voters’ main concern was what was in it for them.
‘Nerds gone wild’: Inside PwC’s last party before it all blew up
It is the days-long party now described as the last hurrah before the storm of the tax leaks. Within six months, the scandal would change the firm forever.

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