Apocalypse or a four-day week? What AI might mean for you
This week on The Fin, technology editor Paul Smith discusses the AI future and whether it is more likely to be utopia or dystopia. This podcast is sponsored by Aussie Broadband.Further reading: Waymo’s robot driver was too scared to take us where we wanted to goThe self-driving taxis are an experience to remember but their post LA-riot nerves rendered them unable to use human logic, and left us stranded.Apocalypse or a four-day week? What AI might mean for youIf you’re “AGI-pilled” and you believe artificial intelligence will soon surpass humans, you’re probably worried about your job. But insiders reckon that might be the least of our problems.From ‘lucky country’ to ‘left-behind country’: Matt Comyn’s AI warningExecutives say Australia is in danger of falling behind as the rise of artificial intelligence creates a profound change in the way people and businesses work. Save 50% or more on unlimited access to the Australian Financial Review in our EOFY sale, ending June 30.See omnystudio.com/listener for privacy information.
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26:55
The not-so-super tax change that is dividing Australia
This week on The Fin podcast, Joanna Mather and Michelle Bowes on how the super tax will work, why it’s so controversial and what people are doing to get ready for it. This podcast is sponsored by Aussie Broadband. Further reading: 7 ways the wealthiest will beat the $3m super taxInvestment bonds, an early inheritance for the kids or just cop it on the chin? Affected taxpayers are weighing their options.ATO puts wealthy families on notice over $3m super taxThe new tax is not yet law but the ATO wants to understand the “behavioural responses” to the planned tax that might already be occurring.There is a case to reform super tax breaks. But not this wayAustralia’s tax breaks on retirement balances are generous. But the treasurer is going about reform the wrong way, experts say.See omnystudio.com/listener for privacy information.
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25:05
Are house prices about to take off again?
This week on The Fin podcast, economics correspondent Michael Read on why the Reserve Bank is cutting rates and what it means for people like him trying to buy a house. This podcast is sponsored by Aussie Broadband. Further reading: Australia on verge of house price boom: economistHistory suggests that once the RBA starts cutting, property fever hits quickly. One prominent expert says a 10 to 15 per cent price rise is coming. Bullock flags more rate cuts as RBA slashes growth forecastsDonald Trump’s trade war has forced the RBA to lower its projections for growth in investment, household spending and exports, as it cut the cash rate again. House price risk won’t stop another rate cut: BullockReserve Bank of Australia governor Michele Bullock expects state and federal governments to do the heavy lifting on housing affordability.See omnystudio.com/listener for privacy information.
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24:30
Coalition chaos: ‘It’s like someone dropped an atom bomb’
This week on The Fin, political editor Phillip Coorey and former Labor adviser and AFR columnist Lidija Ivanovski talk about the decimation of the Opposition, the uphill battle facing Sussan Ley and the fierce debate over the Super Tax.This podcast is sponsored by Aussie BroadbandFurther reading:The longer the split, the harder it will be to reconcileSussan Ley, who used to hold her own in shearing sheds, is playing hard ball.It took five days for the Coalition to fall apartNegotiations between the two parties fell at the first hurdle. When parliament resumes, the Liberals will hold all 30 shadow ministries and the Nationals will be on the crossbench.How Albanese learnt from Labor losers and won big on SaturdayFor six months, he has been privately telling his supporters that he had the plan to deliver Labor a second-term majority, and the skill to pull it off. See omnystudio.com/listener for privacy information.
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30:34
Does Warren Buffett’s retirement mark peak America?
This week on The Fin podcast: senior reporter Jonathan Shapiro on Buffett’s legacy and whether his catchphrase ‘never bet against America’ still stands.This podcast is sponsored by Aussie BroadbandFurther reading: Fear, loathing (and hope) as finance’s elite gather in LAPrivate equity titans and dealmakers converging at the Milken Institute Global Conference this week were relentlessly optimistic in public, but the tone was different behind the scenes.US billionaire’s Sydney taxi ride sparks $6.2b super-like initiativeMichael Milken is gathering support for a plan to emulate the Australian superannuation system and give every child a $US1000 share account.Warren Buffett steps down, delivering a parting shot against tariffsThe disciples of legendary investor Warren Buffett gathered in Omaha seeking reassurances of America’s future, instead they got a bombshell about his future.See omnystudio.com/listener for privacy information.
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