A 'strike' at the heart of the millionaires' factory
This week on The Fin podcast: senior reporter Jemima Whyte and associate editor Joyce Moullakis on whether Macquarie has lost its edge, who might be in line to take over the top job and what happens when you threaten the pay packets of a millionaires’ factory.Further reading: Macquarie scrambled to lobby proxy firms ahead of fraught AGMThe company made the highly unusual move to understand if major investors would reject executive pay plans as it dealt with a backlash.Glenn Stevens feels the burn from Macquarie’s worried investorsThe former RBA governor has seen off a global financial crisis and angry borrowers. Can he turn around an undercurrent of anxiety at the Millionaires Factory?Macquarie investors deliver wake-up call with strike on executive payInvestors deliver an embarrassing rebuke to the Millionaires Factory over bonuses amid regulatory woes and the surprise exit of its CFO.See omnystudio.com/listener for privacy information.
-------- Â
31:46
--------
31:46
"What the f*** did you do?" Sam Altman on being fired & rehired for AI’s biggest job
This week on The Fin, Technology editor Paul Smith talks about his interview with Altman and reveals what it would take for the AI chief to pull the plug. Further reading: What OpenAI’s Sam Altman suggests you do to keep your jobThe race is on to build machines that can outthink humans. The tech founder in charge of ChatGPT says there is one thing that would make him stop.‘Try the future’: New ChatGPT AI agents promise to do your jobsDrawing on three pre-existing OpenAI products, ChatGPT Agent lets users ask AI to take control of multi-step and fairly complex tasks.OpenAI wants AI tax breaks, promises $115b annual windfallOpenAI chief economist Ronnie Chatterji has conducted a whirlwind set of meetings in Canberra as the company prepares to launch an AI blueprint for Australia.See omnystudio.com/listener for privacy information.
-------- Â
29:28
--------
29:28
Is Xi Jinping losing his grip on power in China?
This week on The Fin, North Asia correspondent Jessica Sier and Lowy Institute senior fellow Richard McGregor on whether Panda diplomacy works and why Beijing needs a succession plan. This podcast is sponsored by Workday.China ordered this Aussie flower farm to grow rice. Then they found a solutionIn a country of 1.4 billion people, keeping everyone fed can be the difference between stability and chaos. The Lynch Group nearly had to tear down its greenhouses.Beyond the Wall: Albanese’s high-stakes China playAs the prime minister is criticised over the extent of his China sightseeing, the government insists it is playing the long game and that face time matters.Rumours of Xi’s downfall distract from China’s real challengesThe notion that Xi Jinping is about to be toppled is a distraction from the real cleavages in Chinese politics.See omnystudio.com/listener for privacy information.
-------- Â
25:57
--------
25:57
The rates call that stunned economists, markets and... our reporters
This week on The Fin podcast, economics editor John Kehoe and senior reporter Jonathan Shapiro on the RBA’s shock decision on interest rates, what it means for the economy and whether the next generation could be the first to be worse off than their parents. This podcast is sponsored by Workday.Further reading: Gen Z will be richer than their parents. But here’s the catchSluggish productivity and tax policies rigged against young people mean many are missing out on financial comfort precisely when they need it most.RBA rate call extraordinaire Rory Robertson makes his last predictionThe economist has spent three decades trying to interpret the smoke signals emanating out of Martin Place. He’s giving up the game as it’s profoundly changing.Which RBA board members voted for a rate cut?At least two Labor appointees to the Reserve Bank monetary policy board almost certainly voted for a cut on Tuesday, former insiders believe.See omnystudio.com/listener for privacy information.
-------- Â
27:56
--------
27:56
‘Law of the jungle’: the struggle to clean up the CFMEU
This week on The Fin podcast, workplace correspondent David Marin-Guzman on what has been done to stamp out a culture of fear and intimidation in the CFMEU and whether it's working. This podcast is sponsored by Workday. Further reading:High Court leaves CFMEU administrator with no more excusesThe failed High Court challenge to the CFMEU administration has cleared a path to cleaning out the union. But the administrator still has to walk it.High Court ruling on CFMEU a ‘line in the sand’ moment for cleanoutThe CFMEU administrator has declared the High Court backing of the administration will make way for systemic industry reforms.‘Let’s make some money together’: Inside the CFMEU’s bribery scandalSometimes it was a foot tap, other times a little kick, but either way cash was passed under the table to the union boss.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.
Search The Fin and follow us wherever you get your podcasts.
Australia