A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the...
Election mode: Dutton's Trump problem & the budget no one wanted
This week on The Fin podcast, political editor Phillip Coorey and economics editor John Kehoe on how both sides of politics are planning to spin the budget, who’s ahead in the polls and why the most important person in this election race might not be Anthony Albanese or Peter Dutton.Further reading:Chalmers concedes Labor won’t keep its $275 power bill pledgeJim Chalmers has effectively raised the white flag on the election promise to lower power bills by $275, but says it will be worse under Dutton’s nuclear energy plan.Dutton coming off the boil as election nearsPeter Dutton’s personal ratings and voter expectations of a Coalition victory have fallen sharply, suggesting Labor attacks on the opposition leader are working.We wasted a $400b windfall, and now we’ll all have to payAn audit of federal finances finds Australia has never seen rivers of gold like this, but the hangover will be brutal.See omnystudio.com/listener for privacy information.
This week on The Fin podcast, foreign affairs and defence correspondent Andrew Tillett and international affairs expert James Curran on how Donald Trump has disrupted the world order and why we are headed for a khaki-tinged election.Further reading:Trump’s tariffs were inevitable. But Albanese could have done moreLevies on Australian steel and aluminium to the US starting on Wednesday will have domestic political fallout.Albanese rebuffs Trump over call to lift to defence spendingWhile Labor comes under fire over military readiness, figures show defence spending as a share of the federal budget is at highest in almost a decade.Richard Marles’ mindless talking points ignore Trumpian changeElsewhere, Donald Trump’s return is being noticed, and acted upon with decisive swiftness. But it is not happening in Australia yet.See omnystudio.com/listener for privacy information.
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31:28
The billionaire, his ex-lovers and a board exodus
This week on The Fin podcast, senior reporter Max Mason and Chanticleer columnist James Thomson discuss WiseTech’s tumultuous five months, Richard White’s second coming and whether he should stay in charge.Further reading:‘I am WiseTech’: How Richard White regained control of his companyOn one side was a group of independent directors with their reputations on the line. On the other, a powerful founder with everything to lose.The billionaire, his lawyer wife – and the secrets of their explosive relationshipRichard White says he would “take a bullet” for his wife but many of the billionaire’s long-time friends are unhappy about the marriage and the couple’s volatile history.King Richard’s return gives WiseTech investors a stark choiceIncredibly, Richard White has more power at WiseTech than at any time since it listed in 2016. But that comes with some big consequences for investors.See omnystudio.com/listener for privacy information.
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29:08
Succession battle: How Trump could cost Lachlan Murdoch billions
This week on The Fin podcast, senior writer Myriam Robin and author Neil Chenoweth on the bitter fight for control of the Murdoch empire and why the election of Donald Trump couldn’t have come at a worse time for Rupert’s succession plans. Further reading:The Murdochs go to war – through the mediaRupert and Lachlan have failed, for now, to take control of the family trust. But that outcome is by no means the end to hostilities between the media scions.‘Self-interested people’: Why Murdoch and Trump are back in businessRupert Murdoch is known for aligning his business interests with the politician of the hour. His appearance with Donald Trump this week was no different.Logan Roy’s death morphed into a real life Murdoch succession dramaShortly after the fictional patriarch died on television, the family behind the News and Fox empires began to plot life after their patriarch, Rupert.See omnystudio.com/listener for privacy information.
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Did the Reserve Bank cut interest rates too soon?
This week on The Fin podcast, editor-at-large Michael Stutchbury and economics correspondent Michael Read on why the Reserve Bank cut rates this week, whether Bullock is ‘one and done’ and how this affects the timing of the election.This podcast is sponsored by IG.Further reading:RBA rate cut more about politics than economicsAfter roughing up the central bank, Anthony Albanese and Jim Chalmers should take whatever sliver of bacon the RBA will give financially squeezed voters.Bullock shifts rate cut expectations after line-ball decisionPrime Minister Anthony Albanese now has just days to decide whether to call a snap election to capitalise on the RBA rate cut or delay to woo voters further.RBA opens a window for the PM, but will he take the chance?Anthony Albanese may seek to capitalise on Tuesday’s rate cut with a March 29 election, but he could also decide that it is not enough to sway voters.See omnystudio.com/listener for privacy information.
A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.
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