The Fin
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.
S4 E16 · Wed, April 30, 2025
Inside the battle for control of racing & rugby league
This week on The Fin podcast: Mark Di Stefano talks about the rise of one of Australian sport’s most powerful men and takes us inside the battle to control the future of racing and rugby league. This podcast is sponsored by Aussie Broadband Further reading: Inside the plot to ‘get rid’ of Peter V’landys In his climb to the top of racing and rugby league, Peter V’landys has broken the rules and challenged the system. But now some in the system are fighting back. How Peter V’landys built a property empire Over two decades under the leadership of Peter V’landys, Racing NSW and the NRL have splurged millions of dollars on residential and commercial real estate. Racing royalty launch broadside against V’landys leadership Champion trainers Gai Waterhouse and Chris Waller are among the authors of a scathing letter about racing governance. See omnystudio.com/listener for privacy information.
S3 Enull · Tue, April 29, 2025
Election 2025: The three key seats to watch on Saturday night
Phillip Coorey and the panel on the seats that will decide the election, whether the AAA credit rating is really under threat and what Labor and the Coalition aren’t telling us. See omnystudio.com/listener for privacy information.
S4 E15 · Wed, April 23, 2025
Why Donald Trump & Xi Jinping will do a deal
This week on The Fin podcast, Financial Review columnist and former ambassador to China, Geoff Raby on the US-China trade war, what it means for Australia and why Washington and Beijing will do a deal. This podcast is sponsored by Aussie Broadband Further reading: Australia faces hit from Trump’s trade war The IMF has cut its growth forecast for the country by half a percentage point, in a sign it won’t be immune from a global slowdown triggered by US tariffs. Japan eyes pact with China, South Korea as trade war hedge Tokyo signals renewed interest in negotiations with a personal letter from Prime Minister Shigeru Ishiba to Chinese President Xi Jinping. China hits back at US with 125pc tariffs Beijing escalated the trade war with the United States by again raising tariffs and accusing the Trump administration of “unilateral bullying and coercion”. See omnystudio.com/listener for privacy information.
Tue, April 22, 2025
Election 2025: Why Albo has a spring in his step and Dutton's big bet on defence
This week's podcast guests are Canberra Bureau Chief Tom McIlroy and Foreign affairs and Defence correspondent Andrew Tillet. They join Lisa Murray and Phil Coorey to discuss the coalition's plan to increase defence spending, the erosion of trust in institutions and the potential risks of following American political trends in Australia. See omnystudio.com/listener for privacy information.
S4 E14 · Wed, April 16, 2025
Winners and losers from Trump’s (forever) trade war
This week on The Fin , senior reporter Jonathan Shapiro and Chanticleer columnist James Thomson on what's going on in markets, how Australia is more exposed than ever, and why the Trump chaos is changing the world. This podcast is sponsored by Aussie Broadband . Further reading: Trump’s crisis is only beginning. It will make you question everything Chalmers is determined not to waste Trump crisis. But it will get ugly Viktor Shvets fears ‘Lehman Bros moment’ amid fresh tariff chaos The bond market teaches Trump the art of the squeal See omnystudio.com/listener for privacy information.
Tue, April 15, 2025
Election 2025: Taking apart both sides’ ‘diabolical’ housing policies
This week, political editor Phillip Coorey, deputy editor, news, Jessica Gardner, economics editor John Kehoe, and senior writer Myriam Robin take apart Labor and the Coalition’s housing policies, discuss why tax reform is so hard and unpack the battle for Kooyong. See omnystudio.com/listener for privacy information.
S4 E13 · Wed, April 09, 2025
The fight to save Australia's private hospitals
This week on The Fin , Health editor Michael Smith on the battle to save Healthscope, the war between insurers and hospitals and whether private equity is messing up the healthcare system. This podcast is sponsored by Aussie Broadband . Further reading: Tensions build between David Di Pilla’s HMC Capital and Healthscope When the hospitals group ran out of money to pay its rent this year, its landlord responded with a bid to buy the company. Hedge fund interest in Healthscope triggers break-up concerns The country’s second-largest private hospital operator is negotiating with lenders to stave off insolvency in the middle of a federal election campaign. Di Pilla spruiks Healthscope bid, says he’ll keep hospitals running The veteran dealmaker’s HMC Capital has been eyeing the country’s second-largest operator of private hospitals, and says his proposal is “a serious one”. See omnystudio.com/listener for privacy information.
Tue, April 08, 2025
Election 2025: The Trump slump and Dutton's 'ham-fisted' backflip
This week, political editor Phillip Coorey, former Labor adviser Lidija Ivanovski and NSW political correspondent Paul Karp talk about how Trump's tariffs decision has changed the focus of the campaign and why betting markets are finally catching up. See omnystudio.com/listener for privacy information.
S4 E12 · Wed, April 02, 2025
Has Elon Musk crashed Tesla out of the EV race?
This week on The Fin podcast , North Asia correspondent Jessica Sier and motoring writer Tony Davis on Tesla’s challenges, the rise of BYD and whether a five-minute battery charge could be the real game changer. This podcast is sponsored by Aussie Broadband . Further reading: BYD overtakes Tesla to secure pole position in EV race The Chinese electric carmaker’s latest full-year financial results reveal the extent of this power shift, with it surpassing the $US100 billion revenue mark. Tesla’s new strategy as sales fall: Openness (but don’t mention Musk) The Cybertruck is being shown off at a Sydney expo and executives are free to speak for the first time in years as Tesla takes a new tack amid falling sales. Trump tariffs deliver body blow to Japan’s auto industry After embracing the return of a once staunch ally, Japan’s car makers now find themselves on the front line of the trade war despite huge investments in the US.NEW See omnystudio.com/listener for privacy information.
Tue, April 01, 2025
NSW will decide the election | Labor's Trump's bump | Out of control on the campaign bus
This week, political editor Phillip Coorey, economics editor John Kehoe and political correspondent Ronald Mizen talk about who has had the best start, what effect Trump’s tariffs and China’s ‘spy’ ship will have on the election and what happens on the campaign bus. See omnystudio.com/listener for privacy information.
Sun, March 30, 2025
Introducing: The Fin: Election 2025
With the federal election underway, The Fin is releasing a special weekly podcast for the duration of the campaign called Election 2025 . Every Tuesday, The Fin host Lisa Murray and political editor Phillip Coorey will be joined by The Australian Financial Review’s political experts to break down the critical voter issues, analyse the latest polls and pick out the key battlegrounds. For the latest updates from the campaign trail and best analysis on the political strategies that will influence the result, tune in to The Fin’s political panels from 5pm, Tuesday. The Fin: Election 2025 can be found by searching The Fin . See omnystudio.com/listener for privacy information.
S4 E11 · Wed, March 26, 2025
Slater & Gordon, the email scandal & the girl with the cat tattoo
This week on The Fin podcast , professional services reporter Maxim Shanahan and Rear Window columnist Hannah Wootton on Slater and Gordon’s workplace meltdown and the mysterious woman at the centre of it all. Quotes in this episode are voiced by AFR staff. This podcast is sponsored by AICD . Further reading: Slaters refers former staffer to police over incendiary mass email The law firm says a forensic investigation has found the sender of the infamous memo had access to sensitive data and was familiar with its cybersecurity. A decades-long rap sheet of deceit blows open Slater and Gordon probe The woman whose first name matches metadata in the rogue salary and performance spreadsheet that erupted into a crisis at the law firm is a convicted fraudster. We fact-checked the email Slater and Gordon says is largely fiction The now infamous all-staff email sent to more than 900 Slater and Gordon staffers was unsparing in its criticism of the firm. Here’s what we know about key claims. See omnystudio.com/listener for privacy information.
S4 E10 · Wed, March 19, 2025
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 pledge Jim 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 nears Peter 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 pay An 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.
S4 E9 · Wed, March 12, 2025
Khaki election: Trump’s ‘Mean Girls’ diplomacy prompts defence rethink
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 more Levies 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 spending While 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 change Elsewhere, 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.
S4 E8 · Wed, March 05, 2025
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 company On 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 relationship Richard 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 choice Incredibly, 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.
S4 E7 · Wed, February 26, 2025
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 media Rupert 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 business Rupert 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 drama Shortly 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.
S4 E6 · Wed, February 19, 2025
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 economics After 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 decision Prime 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.
S4 E5 · Wed, February 12, 2025
Inside the fight to keep girls out of boys' schools
This week on The Fin podcast, AFR Magazine contributor Brook Turner on why Sydney has become the epicentre of this battle and whether there is still a place in Australia for single-sex schools. This podcast is sponsored by IG. Further reading: ‘We became a pinata’: The culture war tearing a school apart How its decision to go co-ed made Newington College in Sydney the country’s most talked-about school. ‘We did not expect the intensity’: Newington hits back at co-ed row Coeducation is seen as the future of school. So why is Newington College in Sydney at the centre of a debate so hot that parents are withdrawing boys? Why coeducation is so fraught in Australia Are single-sex schools – no, make that boys-only schools – deserving of the bad rap they get? Are they hotbeds of toxic masculinity? Are girls better off without boys disrupting their classes and smashing their self-confidence? See omnystudio.com/listener for privacy information.
S4 E4 · Wed, February 05, 2025
DeepSeek drama: what the Chinese startup means for the AI race & markets
This week on The Fin podcast, senior reporter Jonathan Shapiro and technology editor Paul Smith on DeepSeek’s breakthrough, why Australia has banned its use on government devices and what this all means for 'the magnificent seven' US tech stocks that have been pushing markets to record highs. This podcast is sponsored by IG. Further reading: DeepSeek drama: are markets all-in on the most dangerous idea in history? While investors fret about what the arrival of DeepSeek means for their all-in bet on American artificial intelligence dominance, they’re ignoring even bigger questions. Is big tech’s AI future really what we’re looking for? The race is on to build the fastest, most efficient AI models and hopefully tech companies will start developing the products we want to use. Labor bans DeepSeek from government devices Australia has banned Chinese artificial intelligence service DeepSeek from government devices over national security concerns. See omnystudio.com/listener for privacy information.
S4 E3 · Wed, January 29, 2025
Dispatch from Davos: Trump hasn’t killed DEI (yet)
This week on The Fin podcast, Europe correspondent Hans van Leeuwen on how companies and governments are responding to Trump, 2.0, whether diversity programs are under threat and why Australians have stopped going to Davos. This podcast is sponsored by Aussie Broadband . Further reading: Trump slams Europe, threatens ‘trillions’ in tariffs The president lambasted Canada’s trade surplus with the US and also fired a verbal volley at the European Union’s restrictions on his country. CEOs at Davos feel ready, even heady, for Trump 2.0 At the World Economic Forum, much of the global corporate elite is responding with surprising optimism to the new president’s radical and hyperactive agenda. Has Trump killed DEI? Davos might have the answer The World Economic Forum summit, where the liberal cosmopolitan elite gathers to network and self-congratulate, will be an early litmus test for Trump 2.0. See omnystudio.com/listener for privacy information.
S4 E2 · Wed, January 22, 2025
Summer special: Back from holidays? Time to plan the next one
This week on The Fin, Travel editor Fiona Carruthers discusses the outlook for tourism, why flights are getting cheaper, which airlines are likely to give you the best deal and why Greenland is suddenly on everyone’s list. Further reading: Europe calling? A guide to predicting the cheapest fares If you’re wondering whether to book your 2025 flights now or to wait, recent average prices are a handy benchmark. The hottest travel spots as the economy turns cold Japan is cool, Bali is always warm, but Vietnam is so hot right now. The cost-of-living pinch is driving Australians to make sure their overseas holiday hits the mark. Why Australians should ditch Europe this Christmas After a dire year for the currency, those heading to the northern hemisphere should consider looking elsewhere to get the most bang for their buck. See omnystudio.com/listener for privacy information.
S4 E1 · Wed, January 15, 2025
Summer special: AFR critics on what to watch, read and listen to this summer
In the first of a two-part series, The Fin podcast talks to the critics around the Financial Review newsroom to get their recommendations for film, television, books and music. Further reading: The 10 best albums of 2024 (if Taylor Swift isn’t your jam) Soulful singer songwriters, rising indie superstars, Australian up-and-comers and a floor-filling techno god. Welcome to the year’s best sounds. 12 books fiction lovers will give (or hope to receive) We asked prominent Australian writers, readers, tome-buyers and page turners to tell us what they are most hoping to get – and send to others. This might be the most explosive tennis movie ever made Challengers packs a punch. See omnystudio.com/listener for privacy information.
S3 E46 · Wed, December 18, 2024
Rear Window’s year in review: the scoops, the scandals, the power plays
Outgoing Rear Window editor Myriam Robin tells us about the megalomaniac trying to solve Australia’s housing crisis, the column’s biggest scoop and the rebellion underway at the country’s most exclusive clubs. This podcast is sponsored by Aussie Broadband . Further reading: Peter V’landys bogged down in a multibillion-dollar property play The influential CEO of Racing NSW is staring down allegations aired confidentially by purported whistleblowers to a parliamentary inquiry. Gina Rinehart lobbies NGA to remove portrait Being Australia’s richest resident comes with some perks. Who knew said benefits included a network of flunkies who will bombard a national institution over a painting you don’t like? Who’s in (and out) at the Australian Club Who coughs up the hefty annual membership fee at Sydney’s Australian Club on Macquarie Street? Why, we’re so glad you asked. See omnystudio.com/listener for privacy information.
S3 E45 · Wed, December 11, 2024
Bitcoin has broken through US$100,000. Now what?
This week on The Fin podcast, James Eyers on why Donald Trump is a crypto bro, whether Bitcoin’s price will stay at these record levels and how regulators are playing catch up. This podcast is sponsored by Aussie Broadband . Further reading: ASIC moves to expand its oversight of crypto and digital assets The corporate regulator’s new guidance outlines more than a dozen examples of how it intends to assess what is in – and out – of financial services laws. A bitcoin convention in Sydney rings crypto alarm bells Bitcoin is up almost 130 per cent this year and the US election result put a rocket under crypto. But there are still plenty of ways to lose money in an (unregulated) bull market. Bitcoin smashes through $US100,000 as traders eye ‘huge re-rating’ Investors believe the change in attitude towards cryptocurrencies still hasn’t been priced in, making Thursday’s milestone just the beginning. See omnystudio.com/listener for privacy information.
S3 E46 · Wed, December 04, 2024
Big super reckoning: Are Australians losing faith in the system?
This week on The Fin podcast , Chanticleer columnist James Thomson and reporter Hannah Wootton on why ASIC is suing Cbus, what it means for industry funds and whether the ‘super wars’ are back. This podcast is sponsored by Aussie Broadband . Further reading: How Cbus’ big party year went horribly wrong It’s not the biggest or the worst performing of the super funds. So why has Cbus become the poster child for the $4 trillion sector’s problems? Big Super’s reckoning has arrived After 32 years of guaranteed inflows from workers and scant scrutiny, the $3.9 trillion industry faces customer fury over service, unclear investment practices and questionable governance. Super sector’s problems are much bigger than Cbus The damning review of governance at CBUS shows while industry funds have led the way in gathering and growing assets, they now need to play governance catch-up. See omnystudio.com/listener for privacy information.
S3 E45 · Wed, November 27, 2024
Social media ban: screen time fix, magic wand or a waste of time?
This week on The Fin podcast , Technology editor Paul Smith and media and marketing reporter Sam Buckingham-Jones on why the ban is being introduced, what it means for children and parents and whether it could cause a rift with the new US President. This podcast is sponsored by UNSW Further reading: Why this former TikTok executive wants a strict social media ban TikTok hired Felicity McVay to convince Disney, Universal and the AFL to use the platform more. Now she’s campaigning to get children off it. Canberra takes on big tech – and Gen Alpha – with social media bans All Australians could be forced to register official identity documents with social media giants to prove they are over the age of 16. Trump may use tariffs to hit back at PM’s tech crackdown American and Australian officials are warning the Albanese government that its crackdown on social media platforms could anger the incoming US president into putting tariffs on $33 billion of exports. See omnystudio.com/listener for privacy information.
S3 E44 · Wed, November 20, 2024
'Chussia Anxiety': Why Donald Trump wants to “un-unite” China and Russia
This week on The Fin podcast , Australian Financial Review contributor and former diplomat Geoff Raby on Trump’s world and what it means for Australia and why China and Russia are less close than you might think. This podcast is sponsored by UNSW Further reading: Xi is thumping Putin in the Great Game Former Australian ambassador to China Geoff Raby takes a deep dive into the “Chussia” partnership. His conclusions about a rising Sinostan would not please the Kremlin. Civil servants to flee as Trump ‘drains the swamp’ (again) Everyone knew Trump’s cabinet picks would be provocative and a purge of government workers was coming. But they have arrived with stunning speed. G20 goes soft on Russia as Putin threatens to use nuclear weapons The G20 has ended with a whimper with watered-down statements on Russia, climate change and the Middle East. See omnystudio.com/listener for privacy information.
S3 E43 · Wed, November 13, 2024
MinRes investigation: a secret tax deal, company cash and a boat named Anya
This week on The Fin podcast , investigative reporter Neil Chenoweth and Rear Window columnist Mark Di Stefano on how Chris Ellison’s secret deal with the tax office came to light, why some investors want the founder to stay on and whether Mineral Resources can draw a line in the sand. This podcast is sponsored by UNSW Further reading: Inside the two-week unravelling of Chris Ellison’s hold on MinRes Monday’s attempt to draw a line in the sand still leaves unanswered questions for shareholders and investigators about the goings-on at Mineral Resources. Meet Chris Ellison’s personal accountant Yenna Ong, the number cruncher who managed the Mineral Resources founder’s private affairs, rapidly gained great power. Then just as suddenly, she was gone. MinRes paid a 70pc mark up to rent Chris Ellison-owned properties Independent valuations that the owners of the four industrial facilities commissioned themselves indicated that the leases were well in excess of market rates. See omnystudio.com/listener for privacy information.
S3 E42 · Wed, November 06, 2024
Luxury property & unpaid bills: the two worlds of Sanjeev Gupta
This week on The Fin podcast, senior reporter Simon Evans and Rear Window editor Myriam Robin on Sanjeev Gupta’s flashy property purchase, his financial troubles and the South Australian town caught in the middle. This podcast is sponsored by UNSW Further reading: Whyalla steelworks running out of options as taxpayer rescue resisted The SA premier says it’s time Sanjeev Gupta took some action, with governments wary of taxpayer funds being siphoned off to overseas parts of GFG Alliance. The town bearing the brunt of Sanjeev Gupta’s financial nightmare The British industrialist’s steelworks looms over Whyalla, population 21,900. There’s plenty at stake if things go south. Sanjeev Gupta buys on Sydney waterfront The steel magnate is cutting jobs and salaries at the Whyalla steelworks one week, and splashing out for prime Sydney waterfront property the next. See omnystudio.com/listener for privacy information.
S3 E41 · Wed, October 30, 2024
Joe Aston on Qantas: ‘This is a story about power in the shadows’
This week on The Fin podcast, Joe Aston, former Rear Window editor and author of The Chairmain's Lounge, discusses what went wrong for the Qantas, its oversized influence in Canberra, and the extraordinary perks of a Qantas board seat. Editors note: On Thursday, Prime Minister Anthony Albanese denied ever contacting Alan Joyce to seek a flight upgrade. This podcast is sponsored by UNSW Further reading: The incredible financial value of a Qantas board seat The lavish and fudged flight perks of the airline’s executives are revealed in this extract from Joe Aston’s “The Chairman’s Lounge”. The zombie chairman: How Goyder let Joyce trash Qantas’ reputation An exclusive extract from Joe Aston’s book The Chairman’s Lounge tells the inside story of how Richard Goyder and his board allowed Alan Joyce to fly Qantas into a reputational disaster. Albanese faces calls for probe into flight upgrades David Pocock and Peter Dutton have both called for a probe into whether Anthony Albanese breached the ministerial code of conduct while he was transport minister. See omnystudio.com/listener for privacy information.
S3 E40 · Wed, October 23, 2024
Trump v Harris: Is it too little, too late for the Democrats?
This week on The Fin podcast, International editor James Curran and US correspondent Matthew Cranston on how Trump has managed to claw back Harris’ lead in the final weeks of the campaign and what Canberra is worried about. This podcast is sponsored by IG Further reading: Trade wars, market jolts: What a Trump win means for Australia The tax and economic policies of Donald Trump and Kamala Harris will have profound effects for Australian investors, exporters and US subsidiaries. Trump works a McDonald’s fry station as election goes off colour The former president served up fries in an apron as he poked fun at rival Kamala Harris’ story of working there in the 1980s. America’s new Asian alliance network will survive beyond Trump No matter who is in the White House after November 5, the US’ carefully structured latticework of alliances that underpins its regional primacy will continue. See omnystudio.com/listener for privacy information.
S3 E39 · Wed, October 16, 2024
Richard White: The billionaire, the beauty entrepreneur and the $90k debt
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” See omnystudio.com/listener for privacy information.
S3 E38 · Wed, October 09, 2024
Will cutting negative gearing fix the property crisis?
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 See omnystudio.com/listener for privacy information.
S3 E37 · Wed, October 02, 2024
Australia’s most powerful & influential people revealed
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. See omnystudio.com/listener for privacy information.
S3 E36 · Wed, September 25, 2024
Succession part 2: The Pratts
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. See omnystudio.com/listener for privacy information.
S3 E35 · Wed, September 18, 2024
Succession part 1: The Murdochs
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. See omnystudio.com/listener for privacy information.
S3 E34 · Wed, September 11, 2024
Inside the AirTrunk deal: how to build a $24 billion business in nine years
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. See omnystudio.com/listener for privacy information.
S3 E33 · Wed, September 04, 2024
Where and why house prices are falling this Spring
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 See omnystudio.com/listener for privacy information.
S3 E32 · Wed, August 28, 2024
Why it's so hard to ban gambling ads
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 See omnystudio.com/listener for privacy information.
S3 E31 · Wed, August 21, 2024
US election 2024: The next big test for Kamala Harris
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. See omnystudio.com/listener for privacy information.
S3 E30 · Wed, August 14, 2024
Why PwC can't move on from the tax leaks scandal
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. See omnystudio.com/listener for privacy information.
S3 E29 · Wed, August 07, 2024
‘A scandal of epic proportions’: why heads could roll at ANZ
This week on The Fin podcast, senior reporter Jonathan Shapiro on ANZ’s bond trading scandal, whether the bank lied about its market activity to get on the deal in the first place and who should be accountable. This podcast is sponsored by Team Global Express Further reading: ANZ bond trading scandal ‘risks unknown’: Macquarie Macquarie analysts have run the numbers on what ANZ’s bond scandal could do to its profits whilst conceding some costs are hard to measure. ANZ says bond trading scandal fallout could extend to the very top The ANZ board may be forced to take action against the bank’s chief executive Shayne Elliott and other senior managers over the misleading trading data submitted to the federal government and investigations into its workplace culture. The ANZ scandal is a bombshell in two acts The issues engulfing the bank’s trading team are not about complicated bond trades. It’s about an alleged double act of deceit and manipulation of the taxpayer. See omnystudio.com/listener for privacy information.
S3 E28 · Thu, August 01, 2024
From evangelist to pragmatist: Andrew Forrest’s green hydrogen pivot
This week on The Fin podcast, resources reporter Peter Ker discusses whether Andrew Forrest's green hydrogen dream was a fantasy and what his retreat means for the government’s green energy plans and Fortescue’s future. This podcast is sponsored by Team Global Express Further reading: Green hydrogen too ‘expensive and inefficient’: Finkel Former chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”. Forrest says Element Zero execs burned bridges ‘like Nazis’ Fortescue chairman Andrew Forrest has distanced himself from surveillance tactics used against former employees, but fully supported the IP lawsuit against them. Labor’s hydrogen dream stalls as Fortescue slims down H2 vision Fortescue will cut 700 jobs and slow its push into green hydrogen in a blow to the Albanese government’s plan to make Australia a hydrogen superpower supported by more than $8 billion of taxpayer funded incentives. See omnystudio.com/listener for privacy information.
S3 E27 · Wed, July 24, 2024
Building bad: Inside the explosive CFMEU investigation
This week on The Fin, Financial Review workplace correspondent David Marin-Guzman on what was uncovered in his nine-month investigation into the CFMEU, why the response shocked union insiders and whether this time, there might be lasting change. This podcast is sponsored by Smartsheet. Further reading: ‘The dam is breaking’: Setka resignation blow to culture of fear The CFMEU boss’ departure was a shock even to his own officials, but it is a watershed moment for the culture of silence and intimidation that has ruled the construction industry. Caught on film: How Setka and the CFMEU wield their power Videos show John Setka delivering a suitcase message to a rival’s home, and other officials issuing threats and boasting of the union’s total control. Albanese to push aside CFMEU bosses The Albanese government will seek to appoint an external administrator to clean up the CFMEU, sidelining its national and state leaders. The MUA is also considering whether to split from the CFMEU. See omnystudio.com/listener for privacy information.
S3 E26 · Mon, July 22, 2024
Bonus episode: Can Kamala Harris beat Donald Trump?
In this special bonus episode of The Fin, United States correspondent Matthew Cranston on why Joe Biden pulled out of the presidential race, what happens next and whether Kamala Harris is the candidate to take on Donald Trump. This podcast is sponsored by Smartsheet. Further reading: Harris is younger and fitter than Biden, but that’s the easy bit The vice president is a more physically and mentally capable campaigner who might cut through to some voters who Biden didn’t reach, but is that enough to beat Donald Trump? Biden urges unity to beat Trump after stunning race exit The US president ended his re-election campaign after fellow Democrats lost faith in him. Kamala Harris, 59, immediately accepted his endorsement. Trump skips reset moment, doubles down on MAGA magic Donald Trump had the chance of a lifetime to reinvent himself following an assassination attempt. But why on earth would he do that? See omnystudio.com/listener for privacy information.
S3 E25 · Wed, July 17, 2024
Is a 14th rate rise the solution to Australia’s inflation problem?
This week on The Fin, economics correspondent Michael Read explains why inflation has proved stickier than expected and raised the stakes for the Reserve Banks's big policy gamble. This podcast is sponsored by Smartsheet. Further reading: https://www.afr.com/policy/economy/inflation-hits-six-month-high-raising-risk-of-a-rate-rise-20240626-p5jot7 Investors say there is now a one-in-three chance of an August interest rate rise after inflation accelerated to its highest rate in six months and economists warned price pressures remained too strong. https://www.afr.com/policy/economy/rba-won-t-be-influenced-by-europe-and-canada-on-rate-cuts-20240607-p5jk4z The Reserve Bank of Australia will not be swayed by interest rate cuts in Canada and Europe, says deputy governor Andrew Hauser, as he warns that high inflation is having “toxic” effects on households and preventing businesses from expanding. https://www.afr.com/policy/economy/rba-board-split-in-doubt-as-libs-dig-in-20240509-p5in16 Treasurer Jim Chalmers could be forced to shelve his signature plan to create a specialist interest rate-setting board at the Reserve Bank of Australia after a breakdown in talks with the Coalition. See omnystudio.com/listener for privacy information.
S3 E24 · Wed, July 10, 2024
Inside Australia's $200b unregulated private credit boom
This week on The Fin podcast, senior reporters Jonathan Shapiro and Aaron Weinman on why private credit is booming, who’s making money from it and what happens if the golden age comes to an end. This podcast is sponsored by Smartsheet. Further reading: ‘Marking their own homework’: Inside Australia’s $200b unregulated private credit boom Credit products are being launched a mile-a-minute, promising plenty of returns buoyed by high rates. But behind the euphoria, there’s plenty of disquiet. Fortunes to be made as the private credit boom is going public Once a cottage industry, private credit is now attracting billions of dollars, reshaping the financial system and minting new fortunes. Wylie’s Tanarra eyes $1b for new credit fund, snares ex-HSBC banker The firm’s latest tilt at private credit will provide long-term loans for investment-grade companies that typically raise capital in overseas bond markets. See omnystudio.com/listener for privacy information.
S3 E23 · Wed, July 03, 2024
Why AUKUS might cost billions & leave us with nothing
This week on The Fin, International editor James Curran on why a group of former navy commanders, defence officials and submarine officers believe AUKUS has been set up to fail. This podcast is sponsored by Smartsheet. Further reading: ‘A cruel joke’: Why AUKUS might leave Australia stranded A group of defence experts says that the Albanese government is on course for a financial and strategic AUKUS disaster, in the final part of an exclusive series. AUKUS ‘moonshot’ may be a tragically expensive failure It is alarming that both Coalition and Labor politicians fail to acknowledge the risk that Australia could be left with no submarine capability by the end of the 2030s. Morrison’s ‘longest night’: Inside the making of AUKUS The military agreement is a mess and risks leaving Australia with no submarine capability at all by the late 2030s. The cloak of secrecy that secured the deal could now be its undoing. 3:50 Lisa Murray See omnystudio.com/listener for privacy information.
S3 E22 · Wed, June 26, 2024
Why the Guzman y Gomez float was 'the story with the lot'
Inside the most talked-about stock market float in over a decade. This week on the Fin, Chanticleer columnist Anthony Macdonald and senior reporter Primrose Riordan on the story behind Guzman y Gomez, why it was one of the most talked-about floats in years and whether the hype is justified. This podcast is sponsored by Smartsheet. Further reading: Guzman y Gomez IPO pop to $3b lifts hopes for listings The Mexican-themed restaurant chain’s value topped $3 billion on its debut, and there are hopes this will rekindle a stagnating market for local sharemarket listings, Can Guzman y Gomez’s New Yorker frontman prove everyone wrong? Managers say the IPO is too riddled with cushy perks for insiders to offer value. Founder Steve Marks disagrees. Guzman y Gomez float a bet on a maverick founder and his grand plans The Mexican-themed restaurant chain’s founder is pitching big growth. He’s not an overnight success story, but the riches are there if he can make it work. See omnystudio.com/listener for privacy information.
S3 E21 · Wed, June 19, 2024
Europe tilts right. Australia is watching.
This week on The Fin podcast, Europe correspondent Hans van Leeuwen on why Emmanuel Macron has rolled the dice and whether politics is being dragged to the right. Further reading: Macron has poured on the petrol. Someone will get burnt The President hopes to prove that votes for the right in Europe were just voters venting steam. If he’s wrong, the consequences will be felt far beyond France. UK’s likely next PM copies Albanese election playbook Labour leader Keir Starmer unveiled a policy manifesto containing almost no new policies, confirming just a handful of tax tweaks if his party is elected on July 4. What Aussie business can expect from Europe’s far-right shift Both sides of politics in Europe will back industrial policies designed to onshore or diversify supply chains – and that’s the space where Australia plays. See omnystudio.com/listener for privacy information.
S3 E20 · Wed, June 12, 2024
Why native title hasn’t lived up to its promise
Only 9% of indigenous Australians have native title & they "don't walk around like billionaires". This week on The Fin podcast, Peter Ker and Ronald Mizen talk about whether it’s delivering for Indigenous Australians and why there are now calls for reform. Further reading: Call to reform Mabo’s $1b native title dividend Native title groups hosting Australia’s iron ore industry are holding more than $1 billion of net assets in trusts, but after 32 years of the native title regime, there is little to show for the vast majority of Indigenous Australians. ‘Disgraceful’ government neglect costs Indigenous funds $1b Two big government funds set up to benefit Indigenous people without native title rights were shackled for decades by the investment equivalent of stuffing money under a mattress. Long walk to treaty resumes in a fractured federation The Albanese government has backed away from a promise to strike a treaty with Indigenous Australians. In a federal policy vacuum, some states are picking up the baton. See omnystudio.com/listener for privacy information.
S3 E19 · Wed, June 05, 2024
AI is moving to 'the edge'. Here’s why that matters
This week on The Fin, technology editor Paul Smith and columnist and senior writer John Davidson explain how AI is moving to the edge and what that means for jobs, energy use and investor returns. Further reading: Apple’s Siri to get its shot at AI redemption Once the best (and only) AI assistant on phones and other devices, Siri has fallen into disrepair. Next week, Apple is expected to announce a host of improvements. Alex Pollak is already investing in ‘the very next’ Nvidia A shift in where AI queries are being handled has opened up the investment field to more chipmakers, and to apps we haven’t even dreamed of yet. Why CBA’s AI future needs more reimagining A US trip left CBA chief executive Matt Comyn with questions to which he doesn’t have all the answers. It’s a common theme across the Australian business world. See omnystudio.com/listener for privacy information.
S3 E18 · Wed, May 29, 2024
Would cutting migration really solve the housing crisis?
This week on The Fin podcast , economics correspondent Michael Read and education editor Julie Hare explain why net migration spiked, how the government and the opposition plan to rein it in and what deep cuts would mean for universities, the jobs market and economic growth. This podcast is sponsored by AICD Further reading: Hard truths: What immigration cuts really mean for the economy The latest migration debate has so far been framed in terms of its benefits, but little regard has been given to the costs of closing the door on skilled workers. Hard truths: What immigration cuts really mean for the economy The latest migration debate has so far been framed in terms of its benefits, but little regard has been given to the costs of closing the door on skilled workers. Universities brace for foreign student cuts of up to 95pc Both sides of politics say the reductions are needed to relieve housing pressure and both plans would deliver a huge shock to the $48b industry. See
S3 E17 · Wed, May 22, 2024
Inside the Bonza bust & what it means for airline competition
This week on The Fin podcast , aviation reporter Ayesha de Kretser on the dramatic downfall of Bonza, the future of regional air travel in Australia and whether it’s possible for another airline to ever thrive in this market. This podcast is sponsored by AICD Further reading: Better slot access at Sydney might have saved Bonza, says regulator The ACCC warns that regional travellers risk being left behind by the entrenched duopoly of Qantas and Virgin Australia. PE firm behind Bonza, Melbourne Victory calls in insolvency experts The private equity firm called in advisers overnight to assist with “operational challenges”. It is a major shareholder in the A-League club and budget airline. How 777 Partners bad marriage doomed Bonza from the start Documents pitched to investors prove Bonza could never succeed with the fleet it was leasing – a condition of its relationship with 777 Partners. See omnystudio.com/listener for privacy inform
S3 E16 · Wed, May 15, 2024
What happens when Australia’s Boomers hand $5 trillion to their heirs
This week on The Fin podcast, wealth reporter Lucy Dean and wealth editor Joanna Mather explain what’s happening in the great wealth transfer and how it will shape the economy, politics and intergenerational rivalry. This podcast is sponsored by AICD Further reading: Forget Boomers. Millennials, your next landlord could be a best mate For decades, Millennials and Generation Z have blamed Baby Boomers for locking them out of the housing market. But what happens when wealthy Boomers start to give their kids cash? Women overwhelming winners in $5trn Baby Boomer wealth transfer Women will receive 65 per cent of the nearly $5 trillion due to pass from Baby Boomers and their parents to the next generation in the next decade, a new report finds. Not just cruises: Boomers direct spending to kids and grandkids Financial advisors report many over-65s are helping family members rather than splurging – though travel is a thing. See omnystudio.com/listener for privacy information.
S3 E15 · Wed, May 08, 2024
Budget 2024: rates watch, tax breaks & the NDIS ticking bomb
This week on The Fin podcast, political editor Phillip Coorey talks about what the government is likely to announce in the federal budget, what that means for inflation and interest rates, and gives his assessment of how Anthony Albanese and Peter Dutton are faring as we count down to the next election. This podcast is sponsored by AICD Further reading: Labor election plans start blowing smoke Labor is banking on at least one rate cut before calling an election. That scenario is no longer guaranteed. Chalmers locks in business tax breaks to help Made in Australia The budget will contain tax breaks for investors to turbocharge the government’s Future Made in Australia Act, Jim Chalmers has confirmed. ‘Vigilant’ RBA puts home loan borrowers on notice Governor Michele Bullock has issued a fresh warning to mortgage holders, two years after the Reserve Bank of Australia began raising interest rates. See omnystudio.com/listener for privacy information.
S3 E14 · Wed, May 01, 2024
Nuclear power: Could we? Should we?
This week on The Fin podcast, Ben Potter and Jacob Greber talk about Peter Dutton’s atomic bet, the economics of nuclear energy and whether the power requirements of the AI revolution change the debate. This podcast is sponsored by ANZ Listen to 5-in-5 with ANZ on Spotify here Listen to 5-in-5 with ANZ on Apple here Further reading: Dutton’s atomic bet threatens Coalition chain reaction over climate Rather than keep the heat on Labor’s handling of the cost-of-living pain as inflation stays high, the opposition leader’s nuclear venture risks becoming the story. Booming AI demand threatens electricity supply Regulators are scrambling to factor the explosive growth of data centres into demand projections as one network warns of a 250 per cent surge in power needs. Why Dutton is going nuclear Peter Dutton thinks he can sell nuclear power to the public. The energy industry remains unconvinced by the business case. See omnystudio.com/listener for privacy information.
S3 E13 · Wed, April 24, 2024
Why China's slowing economy is Australia's problem
This week on The Fin podcast, before heading home after more than six years based in Shanghai and then Tokyo, Michael Smith talks about the changes in China over that time, what its slowing economy means for Australian prosperity and Japan's new role on the world stage. This podcast is sponsored by ANZ Listen to 5-in-5 with ANZ on Spotify here Listen to 5-in-5 with ANZ on Apple here Further reading: In six and a half years I witnessed a dark pivot in China When I first landed in Shanghai on a freezing winter’s night in January 2018, China felt like a place bursting with optimism and opportunity. Japan is finally waking up from its lost decades. Can it last? The country is doing defence deals and its economy is powering up. But it has a fight on its hands to keep the momentum going given its structural challenges. The data that reveals the truth about Australia’s China ties Although Australia’s relations with China have warmed, key metrics show economic ties are at their lowest levels in more than five years and are unlikely to bounce back. See omnystudio.com/listener for privacy information.
S3 E12 · Wed, April 17, 2024
The death of cash & the company caught in the middle
This week on The Fin podcast, senior reporter James Eyers takes us inside the high-stakes negotiations over Armaguard's financial future, talks about the big personalities involved and gives his view on whether we are witnessing the death of cash. This podcast is sponsored by ANZ Listen to 5-in-5 with ANZ on Spotify here Listen to 5-in-5 with ANZ on Apple here Further reading: Inside the battle for Armaguard and the future of cash The high-stakes negotiations over the financial future for the cash transit monopoly reached a crescendo over Easter. Linfox lays out its terms for keeping Armaguard afloat Peter Fox, the company’s executive chairman, says his family are “not beggars here”. He says the cash-in-transit monopoly will keep operating if fees rise Coles hoards cash over Easter as Armaguard teeters on the brink The Lindsay Fox-controlled monopoly has engaged former ACTU secretary Bill Kelty to lead negotiations with major banks over a rescue package See omnystudio.com/listener for privacy information.
S3 E11 · Wed, April 10, 2024
How Zoë Foster Blake bought back her business (for a tenth of the price)
This week on The Fin podcast , Lauren Sams talks about the rise of Zoë Foster Blake, takes us inside the deal to regain control of her skincare business and tells us why there is so much takeover activity in the beauty industry. This podcast is sponsored by ANZ Listen to 5-in-5 with ANZ on Spotify here Listen to 5-in-5 with ANZ on Apple here Further reading: Zoë Foster Blake: ‘I still think it’s hilarious that I’m in business’ This beauty entrepreneur sold her business for a fortune. And then she bought it back for a song. Foster Blake sold Go-To stake for $89m. She’s bought it back for a fraction of that The former Young Rich Lister, along with her co-founder Paul Bates, have taken back control of the skincare brand from the failed BWX Group. One of the fastest growing categories for Young Rich Listers – vanity Australian beauty brands have pushed out the established labels, from toothpaste to tanning, with a little product innovation and a lot of savvy marketing. See omnystudio.com/listener for privacy information.
S3 E10 · Wed, April 03, 2024
The relentless rise of Australian house prices
This week on The Fin podcast, property editor Nick Lenaghan and Chanticleer columnist James Thomson on the relentless rise of house prices and the dilemma it poses for the RBA. This podcast is sponsored by ANZ Listen to 5-in-5 with ANZ on Spotify here Listen to 5-in-5 with ANZ on Apple here Further reading: Record-breaking house prices make early rate cuts ‘less likely’ Home values nationwide hit new peaks in March, boosted by strong gains in the more affordable markets, but rising prices could also delay rate cuts. Why good intentions are no match for housing’s grim reality Big house price gains in 2025 and 2026 look likely as Australia’s housing supply crisis gets worse The housing data that should make the RBA wary of cutting rates Australia is a nation obsessed with house prices, and with 60 per cent of people planning to buy in the next five years, the central bank is unlikely to be immune from that. See omnystudio.com/listener for privacy information.
S3 E9 · Wed, March 27, 2024
Inside the AFR investigation into luxury’s grey market
This week on The Fin podcast, Jonathan Shapiro and Carrie LaFrenz take us inside their shopping experiment and talk about what happens in the luxury grey market and why investors are so polarised when it comes to the high-end retailer, Cettire. Further reading: Cettire’s Texas hold ’em reveals questions about the value of luxury The red-hot ASX-listed retailer appears to have one figure for customs and another for customers when it comes to its products. The market battle over secretive e-commerce play Cettire There’s smart money on either side of the Cettire trade. But there remain unanswered questions about its closely guarded business model. We spent $1300 shopping at Cettire. Here’s what happened It’s the buzziest stock on the ASX, thanks to “eye-watering” sales and wide margins. Customer reviews aren’t all so glowing. What’s behind the success? See omnystudio.com/listener for privacy information.
S2 E8 · Wed, March 20, 2024
Tech Zero: Formula 1 and the future of fuel
This week, we are bringing you the first episode of season 3 of Tech Zero, a podcast from resources reporter and regular on The Fin Peter Ker. Ker and producer Lap Phan talk to Formula 1’s Chief Technical Officer Pat Symonds about the championship’s existential threat, what they are doing about it and whether there is a future in zero-carbon fuel. See omnystudio.com/listener for privacy information.
S3 E7 · Wed, March 13, 2024
Why Sam Kerr's legal troubles won’t derail the Matildas movement
This week on The Fin podcast, Zoe Samios on the Matildas' Olympic campaign, the bankability of women’s sport and Captain Sam Kerr’s legal case. Further reading: Australia’s favourite sports team is no longer male. Will the dollars follow? Matildas merchandise already outsells the Socceroos’ by a factor of two to one. But in the big-money world of major sport, scoring goals doesn’t always move the dial. Australia in the box seat to host the 2026 women’s Asian Cup With money flowing into women’s soccer, registrations up and the Matildas on a roll, it would be the icing on the cake. Socceroos, Matildas success boosts cash for Football Australia Almost $20 million in prizemoney from the Socceroos, a boost in sponsorship and an uptick in merchandise sales nearly doubled Football Australia’s revenue. See omnystudio.com/listener for privacy information.
S3 E6 · Wed, March 06, 2024
Why the gender pay gap will get worse before it gets better
This week on The Fin podcast, Boss editor Sally Patten and reporter Hannah Wootton on why the gender pay gap exists, who are the worst offenders and what can be done to fix it. Further reading: Bonuses, overtime drive 19pc gender pay gap The median pay gap at businesses with 100-plus employees has been revealed for the first time and professional services and banks recorded some of the worst disparities. These companies nailed the gender pay challenge. It wasn’t easy Companies such as Super Retail Group, Wesfarmers, PwC and Cotton On have the most balanced pay rates between men and women employees. Family choices explain part of gender pay gap, say bosses Corporate leaders say women taking more family responsibilities makes the dominance of men in the highest-paid roles difficult to shift. But some female directors said women “deciding” to take on lower-paid work was a “false choice”. See omnystudio.com/listener for privacy information.
S3 E5 · Wed, February 28, 2024
US election: Why this Trump-Biden race will be different to the last
This week on The Fin podcast , United States correspondent Matthew Cranston and senior writer Jacob Greber, who covered the last Biden-Trump race, give their predictions for the US election. They discuss why Nikki Haley is staying in the Republican contest, whether the legal cases will help or hurt Trump and how Canberra is preparing for the result. This podcast is sponsored by Governance Institute of Australia. Further reading: Biden suffers strong protest vote in primary win The US president easily won the Democratic primary in Michigan, despite significant defections by voters in his party angry at his support for Israel’s war in Gaza. Your dinner party guide to the US election Will the November vote be a rematch between Joe Biden and Donald Trump? With primaries and caucuses in full swing, and candidates dropping like flies, here’s the lowdown. Trump, backed by Rinehart, dispatches Haley in South Carolina Australia’s richest person Gina Rinehart backed Donald Trump to be the next US president as Nikki Haley vowed she would stay in the race despite losing her home state to the former president. See omnystudio.com/listener for privacy information.
S3 E4 · Wed, February 21, 2024
The work-from-home showdown as companies push back
This week on The Fin podcast , workplace correspondent David Marin-Guzman and Boss deputy editor Patrick Durkin discuss the blurred lines between work and home, the push by some companies to get staff back in the office and whether the new right-to-disconnect laws will ever be used. This podcast is sponsored by Governance Institute of Australia. Further reading: Why we still can’t agree on how to work from home Four years on from the onset of COVID-19, companies and individuals are as far apart on a consensus on this issue as ever. But this year could bring change. ‘Horse has bolted’: Burke consults over right-to-disconnect fix Workplace Relations Minister Tony Burke has initiated a last-minute consultation with business over a technical fix to the right to disconnect. Four-day week v office mandate: One size does not fit all Medibank’s Kylie Bishop says its workers on a four-day-a-week trial are less stressed, but JPMorgan says it needs its merchant bankers in the office every day. See omnystudio.com/listener for privacy information.
S3 E3 · Wed, February 14, 2024
The $7b hangover: How IAG was sucked into Lex Greensill’s vortex
This week on The Fin podcast, Financial Review reporters Jenny Wiggins and Liam Walsh on how IAG became entangled in the Greensill Capital collapse, what’s next in the legal stoush, and why billions of dollars and corporate reputations are at stake. This podcast is sponsored by Governance Institute of Australia. Further reading: The $7b hangover: How IAG was sucked into Lex Greensill’s vortex One of Australia’s most expensive corporate fights is in court. But how did the insurer targeted in the cases become entangled? The battle of Saughall fields: What Lex Greensill did next The fallen Australian billionaire tried to buy 200 hectares of farmland near a village in north-west England so the view from his home isn’t spoiled. Now the town is tearing itself apart over the plan. How the Greensill empire was brought down Skittish insurers, wary fund managers, a suspicious regulator and a sceptical press created a pile of tinder that only needed a few sparks to start a fire. See omnystudio.com/listener for privacy information.
S3 E2 · Wed, February 07, 2024
Indonesia votes: dynasties, democracy & nickel
This week on The Fin podcast, senior writer Emma Connors joins us from Jakarta to talk about who is in the race to be the next president of Indonesia and what that will mean for the region and Australia’s nickel miners. This podcast is sponsored by Governance Institute of Australia. Further reading: Indonesia’s poll frontrunner has bad news for Australian nickel miners Prabowo Subianto has vowed to continue the turbocharged industry development backed by Chinese investment that has flooded the world with cheap nickel. This billionaire used Indonesia’s nickel to squeeze out Australia Xiang Guangda, founder of Chinese giant Tsingshan Holdings, has invested billions of dollars to elbow competitors aside. Why this man is the most disappointed politician in Indonesia The sudden entry of President Joko Widodo’s son into the election race has upset many plans – particularly those of the minister who thought he had a good shot at the vice presidency. See omnystudio.com/listener for privacy information.
S3 E1 · Wed, January 31, 2024
Albanese's tax cut gamble & what it means for the next election
This week on The Fin podcast, Political editor Phillip Coorey on the government’s gamble on stage-3 tax cuts, why it will dominate this year’s political agenda and whether there could be an early election. This podcast is sponsored by Governance Institute of Australia. Further reading: Albanese’s version of integrity comes with a means test Aspiration is not part of this government’s vernacular – not right now at least. Tax cut for top earners halved under stage three changes The federal government will slash the stage three tax cuts for those earning $200,000 from $9075 to $4529. An ‘almighty wedge’: The PM’s big tax gamble There are eight winners for every loser in Labor’s reworking of the stage three tax cuts. By focusing on middle-income earners, the PM hopes to create big problems for the Opposition. See omnystudio.com/listener for privacy information.
S3 E3 · Wed, January 24, 2024
Summer Series: How Bernard Arnault became the world's richest man
The podcast is on holiday right now so we are replaying some of our favourite episodes as part of a summer series. In March, The Fin spoke with the Australian Financial Review’s Fashion editor Lauren Sams, who was in Paris for fashion week at the time, about the rising fortunes of Bernard Arnault. The founder of luxury fashion powerhouse LVMH, had recently become the first European to rise to the top of the world’s rich lists, knocking tech titan Elon Musk off his perch. Alas, his time at the top was not to last. A recovery in Tesla’s shareprice reinstalled Musk in the number one spot a few months after Lauren was on the podcast. But Arnault’s fortune has continued to rise. LVMH is a giant with more than 70 brands, including Louis Vuitton, Christian Dior, Tiffany and Sephora. And there is speculation in recent weeks of more deals to come. So please enjoy this discussion with Lauren and AFR Magazine editor Matthew Drummond on the big business of luxury fashion. Background reading: https://www.afr.com/life-and-luxury/fashion-and-style/here-s-what-you-ll-be-wearing-in-2023-20230306-p5cplq http://afr.com/women-of-influence/grit-and-gut-instinct-take-women-to-top-of-fashion-world-20230226-p5cnqm https://www.afr.com/life-and-luxury/fashion-and-style/bernard-arnault-promotes-daughter-delphine-in-lvmh-reshuffle-20230112-p5cc7s https://www.afr.com/life-and-luxury/fashion-and-style/the-secret-to-zimmermann-s-31-year-success-staying-in-its-lane-20220606-p5arex See omnystudio.com/listener for privacy information.
S3 E2 · Wed, January 17, 2024
Summer Series: Joe Aston on 12 years of Rear Window
The podcast is on holiday right now so we are replaying some of our favourite episodes as part of a summer series. Former Rear Window editor Joe Aston was one of the Australian Financial Review’s most loved and most feared columnists. He had people turning to the back page every morning before they had poured out their coffee. In October, after a twelve-year reign, he decided to call it a day. The Fin spoke with Joe about his evolution from gossip columnist to campaigning journalist, his struggles along the way and how he held companies like Qantas and PwC to account. We hope you enjoy this replay of our discussion. Further reading: Joe's farewell column Rear Window’s style evolved (and its rigour improved), but my primary motivation never really changed, and that was to entertain. Richard Goyder's pantomime swan song The Qantas chairman has elected to take an excruciating route to the inevitable. Sobering thoughts from Rehab Riviera Resisting alcohol is almost the easiest part of early sobriety. Vastly more daunting is the reconstruction of one’s interpersonal skills. See omnystudio.com/listener for privacy information.
S3 E1 · Wed, January 10, 2024
Summer Series: Why all restaurant menus are starting to look the same
The podcast is on holiday right now so we are replaying some of our favourite episodes as part of a summer series. In June, The Fin spoke with AFR Magazine culinary editor Jill Dupleix about a trend in Australian dining that was bugging her. All the restaurant menus looked the same. She wrote a story for the magazine about this and on the cover was a photograph of a cracked plate with Kingfish crudo prepared in four different ways. So please enjoy this discussion with Jill about the broken business model for Australian restaurants and why some food trends have lingered for more than a decade. Background reading: Why the world’s best restaurant is taking up residency down under Chef Mauro Colagreco is bringing a team of 20 to create a uniquely Sydney version of his three-Michelin star French diner Mirazur. Why top restaurateurs are opening spin-offs right next door You can do degustation at Ides in Melbourne, and now you can go next door to March and settle for a bar snack also prepared by chef Peter Gunn . See omnystudio.com/listener for privacy information.
S2 E48 · Wed, December 20, 2023
Chemist Warehouse: Inside 'the deal of 2023'
This week on The Fin podcast , senior reporter Carrie LaFrenz and Chanticleer columnist James Thomson on the story behind the rise of Chemist Warehouse, how the deal with Sigma will work and whether the business’ low-profile founders will cope with being out in the open. This podcast is sponsored by First Sentier Investors Further reading: Inside the Chemist franchisee world There are over 200 managing partners who are shareholders in the discount chain. They are all ambitious pharmacy owners, many with multiple sites. Chemist Warehouse's 100-year plan to be the next Walgreens Chemist Warehouse chief executive Mario Verrocchi, flagging a 100-year growth strategy, said it was a “life dream” to list the company, which has more than 600 stores in its network. Why Chemist Warehouse creates a quandary for fund managers After the initial burst of justifiable excitement generated by a chance to look at a business long hidden from public view, fund managers have started to ponder where, when and how Chemist Warehouse might fit into their portfolios. See omnystudio.com/listener for privacy information.
S2 E47 · Wed, December 13, 2023
Bowen’s green energy plan: Ponzi scheme or grid saviour?
This week on The Fin podcast , senior correspondent Jacob Greber talks about whether the government’s new plan will work, how much it will cost and what are the political stakes for the country’s ambitious climate change minister. And Europe correspondent Hans van Leeuwen reports from Dubai on Australia’s role at this year’s COP28 summit. This podcast is sponsored by First Sentier Investors Further reading: Bowen's energy plan might cost 'tens of billions' The cost of Labor’s freshly minted Capacity Investment Scheme is being hotly debated by energy experts, with most agreeing the Commonwealth faces a material financial exposure, as well as concerns about the government’s refusal to reveal costings. Bowen dramatically expands green energy support The Albanese government will supercharge its struggling 82 per cent clean energy goal by dramatically expanding its underwriting of green generation and storage, effectively replacing the Renewable Energy Target favoured by some wind and solar proponents. 'A lot of zeroes': Why global CEOs flock to COP In recent years, a ‘climate Davos’ has emerged on the fringes of COP summits, with companies striking deals, swapping notes and talking to politicians. See omnystudio.com/listener for privacy information.
S2 E46 · Wed, December 06, 2023
How a $20 billion energy deal fell over at the finish line
This week on The Fin podcast , Chanticleer columnist Anthony Macdonald and senior resources writer Angela Macdonald-Smith on the twists and turns of the Origin takeover saga, why the bid failed and where those billions of dollars might be headed next. This podcast is sponsored by First Sentier Investors Further reading: Origin shareholders demand demerger, higher dividends in deal fallout Origin Energy’s board is facing demands to consider a demerger, a beefed-up transition plan and higher dividend payouts after the collapse of a $20 billion takeover plan. The one question for every director in Origin's $20 billion belly flop Stability is the new buzzword at Origin Energy. Having tried to upend the joint for the past year, everyone now seems to want stability: the board, management, investors (institutional and retail), even Brookfield. Brookfield taking ‘suckers for a ride’ in Origin play: Keating Assets of Origin’s premium quality should not be sold to private equity investors and, worse, sold cheaply, only to be bought back five years later – with the sole aim of delivering unconscionable profits to equity fund investors. See omnystudio.com/listener for privacy information.
S2 E45 · Wed, November 29, 2023
Is a university degree really worth it?
This week on The Fin podcast, education editor Julie Hare on why young Australians are losing faith in the value of uni and whether the government can turn it around. This podcast is sponsored by First Sentier Investors Further reading: Have young Australians lost faith in uni ? The number of Australian students studying for a bachelor’s degree has fallen more than 13 per cent since 2016, new data reveals, as rising student debt and the booming jobs market turn young people off higher education. The income boost from a uni degree is slumping The income boost graduates gain from earning a university degree is declining and greater for those with higher qualifications, such as master’s and PhDs, a study has found. The secret plan to control what uni students can study In what would be a radical overhaul of higher education, a major review is considering an external body to oversee all aspects of universities, potentially stripping them of their autonomy and independence. See omnystudio.com/listener for privacy information.
S2 E44 · Wed, November 22, 2023
‘Intergenerational tragedy’: Will the kids be alright?
This week on The Fin, economics editor John Kehoe on why young Australians are at risk of a poorer future and what can be done to lighten their load. This podcast is sponsored by First Sentier Investors Further reading: Why younger Australians are at risk of a poorer future The nation will become older, more indebted, and tax working-age people more over coming decades unless something dramatic changes. The penny has finally dropped on income tax burden There are at least three achievable ways to alleviate the intergenerational inequities in the tax system to take pressure off workers and not harm economic growth. Tax system fails every test, says Ken Henry The federal-state tax system “fails” every test, including for economic growth and fairness to younger people, underlining the need for political leadership to deliver more than “mere tinkering”, former Treasury boss Ken Henry says. See omnystudio.com/listener for privacy information.
S2 E43 · Wed, November 15, 2023
Will the Israel-Hamas war spread across the Middle East?
This week on The Fin podcast , Europe correspondent Hans van Leeuwen on the war between Israel and Hamas and whether it could spread across the Middle East. And political editor Phillip Coorey on Australia’s complicated response. This podcast is sponsored by SAP . Further reading: Netanyahu's dilemma Israel, as ever, is caught between its hard-won capacity to fight militarily on its own terms, and its inability to achieve lasting security without the collusion of Washington, and the major Arab capitals too. Australia a small player in Middle East conflict Anthony Albanese has called for a sense of perspective regarding Australia’s ability to influence events in the Middle East, as he accused the Greens and Coalition of using the tragedy for political gain while the government was trying to minimise civil unrest. Wong's ceasefire call draws flak from both sides Foreign Minister Penny Wong is under fire on two fronts after she raised the prospect of a ceasefire between Israel and Hamas, with Opposition Leader Peter Dutton accusing her of being “reckless” for even broaching the topic while the pro-Palestinian lobby criticised her for not going far enough. (edited) See omnystudio.com/listener for privacy information.
S2 E42 · Wed, November 08, 2023
Sam Bankman-Fried: the downfall of crypto's golden boy
This week on The Fin podcast , technology reporter Jessica Sier and United States correspondent Matthew Cranston on the great unravelling of Sam Bankman-Fried, what it was like inside the courtroom and why his legal troubles aren’t yet over. This podcast is sponsored by SAP . Further reading: Sam Bankman-Fried: the villain in a cinema near you His defence lawyer said the government tried to show the jury “the movie of Sam the villain.” He might have been ahead of his time. Sam Bankman-Fried squirms under cross-examination While Bankman-Fried appeared almost chipper while answering questions from his defence lawyer, the mood turned quickly when the prosecution got started. Bankman-Fried brought to book Sitting in front of a freshly picked jury and a courtroom jammed with reporters, Sam Bankman-Fried’s trademark unruly curls had vanished after five weeks in a Brooklyn prison. See omnystudio.com/listener for privacy information.
S2 E41 · Wed, November 01, 2023
Albanese heads to China with 'eyes wide open'
This week on The Fin podcast, political editor Phillip Coorey and North Asia correspondent Michael Smith on why Albanese’s China trip is so important, the challenges facing Xi Jinping at home and how China’s slowing economy is changing the game. This podcast is sponsored by SAP . Further reading: Taiwan warns Albanese - don't be blindsided by China Taiwan’s Foreign Minister has warned Anthony Albanese ahead of his visit to Beijing that China may take advantage of warmer ties with Western democracies to try to isolate Taipei and bring it under Communist rule. China sacks defence minister who disappeared two months ago China has sacked its Defence Minister, General Li Shangfu, who disappeared from public view two months ago in what experts believe is part of a purge of Xi Jinping’s top ranks. China denies Cheng was a political hostage Foreign Minister Penny Wong says Cheng Lei’s release was the result of the Albanese government’s “persistent” advocacy with the China, which allowed the former television anchor to return to Australia this week after three years in prison. See omnystudio.com/listener for privacy information.
S2 E40 · Wed, October 25, 2023
Billionaires v BHP: who is right about lithium?
This week on The Fin podcast , resources reporters Peter Ker and Elouise Fowler on lithium’s rise and fall and rise again, why the Liontown deal collapsed and whether the critical mineral could become the next iron ore for Australia. This podcast is sponsored by SAP . Further reading: Can brains disrupt Australia's lithium mining brawn Some of the world’s biggest and smallest companies reckon technology can disrupt Australia’s lithium boom by unlocking vast new supplies and crushing prices. Deal off, Game on: The battle for Liontown is just beginning Less than five hours after Liontown Resources announced the withdrawal of Albemarle’s $6.6 billion takeover bid, the lithium junior’s biggest shareholder, Gina Rinehart, was busy setting up a new vehicle for her pivot towards critical minerals. Lithium takeovers ignite the Pilbara Deal fever has swept the Australian lithium, with Chilean giant Socieded Quimica Y Minera set to play a central role in two deals. See omnystudio.com/listener for privacy information.
S2 E39 · Wed, October 18, 2023
Joe Aston on 12 years of Rear Window
This week on The Fin, Joe Aston on his evolution from gossip columnist to campaigning journalist, what happened when he went too far and life after Rear Window. This podcast is sponsored by SAP . Further reading: Joe's farewell column Rear Window’s style evolved (and its rigour improved), but my primary motivation never really changed, and that was to entertain. Richard Goyder's pantomime swan song The Qantas chairman has elected to take an excruciating route to the inevitable. Sobering thoughts from Rehab Riviera Resisting alcohol is almost the easiest part of early sobriety. Vastly more daunting is the reconstruction of one’s interpersonal skills. See omnystudio.com/listener for privacy information.
S2 E38 · Wed, October 11, 2023
The Voice - Australia votes
This week on The Fin podcast, political correspondent Tom McIlroy and political editor Phillip Coorey on what the result is likely to be, where the campaign will be won and lost and what happens next. This podcast is sponsored by Superloop Further reading: Albanese cries over Voice to parliament chance Anthony Albanese has urged Australians preparing to vote No in Saturday’s referendum on the Indigenous Voice to parliament to reconsider, saying Aboriginal and Torres Strait Islanders are “reaching out” to the rest of the community for their own survival. Albanese will walk away from Voice if voters say no Anthony Albanese says he will walk away from the Indigenous Voice to parliament proposal if voters defeat Saturday’s landmark referendum. Why middle Australia is leaning towards No Debate about the details, partisan bickering and indifference about Indigenous affairs are all continuing to hamper the Yes case. See omnystudio.com/listener for privacy information.
S2 E37 · Wed, October 04, 2023
Has Lachlan Murdoch won the battle to succeed Rupert?
This week on The Fin, senior writer Neil Chenoweth and Chanticleer columnist James Thomson explain how family politics within the Murdoch empire could shape politics at large in some of the world's major democracies. This podcast is sponsored by Superloop Further reading: https://www.afr.com/companies/media-and-marketing/the-murdoch-succession-saga-is-far-from-over-20230922-p5e6r5 https://www.afr.com/chanticleer/what-lachlan-murdoch-told-fundies-in-sydney-two-weeks-ago-20230922-p5e6t1 https://www.afr.com/policy/economy/there-may-not-be-another-mogul-like-rupert-murdoch-20230920-p5e6c3 See omnystudio.com/listener for privacy information.
S2 E36 · Wed, September 27, 2023
The bipartisan assault on sports betting advertising
This week on The Fin podcast, media writers Sam Buckingham-Jones and Mark Di Stefano take us inside the crackdown on gambling advertisements, and what it could mean for the future of Australia's biggest sporting codes. This podcast is sponsored by Australian Unity . Further reading: https://www.afr.com/rear-window/sydney-swans-no-d-ckheads-policy-stretches-thin-20230807-p5dujr afr.com/companies/media-and-marketing/how-the-big-banks-help-australians-stop-themselves-from-gambling-20230404-p5cxv3 https://www.afr.com/companies/media-and-marketing/gambling-ad-ban-would-hurt-footy-and-media-sportsbet-20230512-p5d7zm See omnystudio.com/listener for privacy information.
Mon, September 25, 2023
Introducing: 15 Minutes with the Boss (episode 1 preview)
Follow The Australian Financial Review’s newest podcast offering called 15 Minutes with the Boss. It’s a weekly podcast, in which AFR’s Boss Editor Sally Patten sits down with one of the country's top CEOs and asks them to share all the valuable advice and wisdom they’ve gained during the course of their careers. They’ll chat about their successes and failures and everything in between. Here’s a little preview of episode 1 featuring AMP CEO Alexis George, where she chats about everything from her favourite podcasts, dealing with conflict and reveals the best piece of advice she has ever been given and much more. At the end of the preview, just search 15 Minutes with the Boss to hear the rest of the show. See omnystudio.com/listener for privacy information.
S2 E35 · Wed, September 20, 2023
The great divide in Australian housing and what to do about it
This week on The Fin podcast, property editor Nick Lenaghan on the great divide in Australian housing, what the government and industry need to do to fix the supply problem and those explosive comments that made the AFR property summit news around the world. This podcast is sponsored by Australian Unity . Further reading: Developers scoff at 1.2 m new homes housing target A dysfunctional planning system and huge labour shortage will cripple the Albanese government’s target of 1.2 million new homes in the next five years, despite billions of dollars of public funding pouring into the sector, warn senior property industry figures. Something strange is happening in the housing market An economist, a lender and an investor walked into a property summit – and left everyone confused about where the heck the housing market is going next. We need pain in the economy: Tim Gurner An edited transcript of the conversation with property developer Tim Gurner at the Property summit. See omnystudio.com/listener for privacy information.
S2 E34 · Wed, September 13, 2023
Fortescue’s wild week: Jimmy Barnes, lethal humidity & executive churn
This week of The Fin, Brad Thompson and Peter Ker on what’s behind the executive churn at Fortescue, how it will affect the company's green energy reinvention and whether Andrew Forrest is just too hard to work for. This podcast is sponsored by Australian Unity . Further reading: Fortescue partied, then parted ways with its CEO Saturday was the party, Sunday was the departure of a chief executive of just six months. By Monday, hard questions were being asked. Fortescue Metals CFO quits Fortescue Metals has lost its chief financial officer, Christine Morris, the 11th executive to leave in three years. Fortescue Investors split over whether Forrest is wrecking or rescuing Fortescue Metals investors are split over whether Andrew Forrest is damaging its culture, with a former major shareholder selling down his stake over fears the company’s chairman might “wreck” the iron ore major. 'Flame Trees' as performed by Jimmy Barnes at the Fortescue 20th anniversary party was written by Steve Prestwich and Don Walker. See omnystudio.com/listener for privacy information.
S2 E33 · Wed, September 06, 2023
The real story behind Qantas' rapid descent - and what's next
This week on The Fin, aviation reporter Ayesha de Kretser and Rear Window columnist Joe Aston on the early departure and legacy of Alan Joyce, who else should be held to account for the mess Qantas finds itself in and whether the government will have to revisit its decision on Qatar Airways. This podcast is sponsored by Australian Unity. Further reading: Hudson to focus on customers after Joyce exit Vanessa Hudson has vowed to focus on customers as she tries to repair the national carrier’s battered reputation after Alan Joyce abruptly quit as the chief executive of Qantas two months earlier than planned. Qantas U-turn on credits as ACCC sues over cancelled flights Qantas has scrapped the expiry date on $570 million of flight credits, as it faces allegations from the competition regulator that it sold tickets for thousands of services that had already been cancelled. Further reading: Profits and power: Qantas and the Qatar question The government’s decision to block the foreign operator from obtaining more slots has prompted many to query the power of the country’s biggest airline. What exactly is the Qantas Chairman’s Lounge, and how do you join? There’s much more to the Qantas Chairman’s Lounge than just free canapes and champagne. Here’s how to become a member and what’s on offer once you’re inside Alan Joyce puts Albo’s son in Qantas Chairman’s lounge It’s easy to forget that Anthony Albanese has been in Canberra for a very long time. Entitlement to largesse is a lifelong practice. See <a href="https://omnystudio.com/listene
S2 E32 · Wed, August 30, 2023
Why the PwC tax scandal spells the end of the Big Four's golden run
This week in The Fin podcast , senior writer Neil Chenoweth, professional services editor Edmund Tadros and Rear Window columnist Joe Aston on the tax leaks scandal nine months on, why it can never be business as usual for the big four consulting firms and whether PwC’s Australian business can survive. Further reading: Why fixing PwC gets harder with every passing week The week in the tax leaks saga where it became clear the culture that had developed in PwC’s tax division over the past decade or so will have consequences that stretch far beyond the firm and will take years to play out. PwC’s Kevin Burrowes: an American agent on a Maldives holiday Before jetting off last week, Burrowes briefed retired PwC Australia partners on the firm’s global inquiry – being run by Allens Linklaters – into the involvement of PwC partners outside Australia in the tax leaks scandal. Expect a fierce response to Labor’s PwC reforms The plan to crack down on misconduct by tax advisers is ambitious. But it faces a long rocky road. See omnystudio.com/listener for privacy information.
S2 E31 · Wed, August 23, 2023
Why Australia needs millions more people - and is getting there fast
This week on The Fin, senior correspondent Jacob Greber on the intergenerational report, why Australia is far from full and what needs to change to make a bigger population work. Further reading: Why Australia needs millions more people - and is getting there fast Angst over house and rental prices is fracturing the fragile bigger-Australia consensus. Yet walking away from a larger population is not an option. Ageing population driving $140b blowout in spending A doubling of people older than 65 and a tripling of those 85 and over will present major economic challenges over the next 40 years and be a primary driver of increased government spending. Productivity leads to prosperity – here’s how to get there Treasury keeps betting that bipartisanship will help Australia to change in ways that are hard to do but much needed. See omnystudio.com/listener for privacy information.
S2 E30 · Wed, August 16, 2023
Why RBA's new boss could be 'the borrower's best friend'
This week on The Fin, economics correspondent Michael Read on the changing of the guard at the RBA, whether interest rates have peaked and the number one problem for the economy. Further reading: Inside the downfall of a top central banker Philip Lowe joined the Reserve Bank straight from high school and went on to oversee a period of dramatically shifting economic fortunes. Until his time ran out . Lowe warns rent caps will make the housing shortage even worse Imposing rent controls to ease the housing crisis would make the shortage of homes even worse over the long term, outgoing RBA governor Philip Lowe warned on Friday, saying politicians should resist the push for such short-term solutions. Bullock to steady RBA after ‘regrettable’ Lowe departure Michele Bullock’s appointment as the next governor of the Reserve Bank of Australia was motivated by a need to restore the bank’s public image and reform its structures after the pandemic, while staying the course on monetary policy. See omnystudio.com/listener for privacy information.
S2 E29 · Wed, August 09, 2023
Fast cars, wiretaps & mountains of money: Inside Australia's biggest tax scam
Ahead of the final two sentencings in the Plutus tax fraud case, David Marin-Guzman and Neil Chenoweth tell The Fin podcast why it was a Gen Y crime and how it almost never came to light. Further reading: Adam Cranston found guilty in Plutus tax fraud trial After a nine-month trial and almost two months of deliberation, a jury has found Adam Cranston and two of his key co-conspirators guilty of one of the biggest tax frauds in Australia’s corporate history. ATO tax fraud: Behind a $191m Gen Y crime wave This is the face of a Millennial crime wave: there's the party guy, there's the bovver boy and then there's Mr Invisible, the guy who leaves no tracks. Plutus ATO fraud Part 2: Sex, tax and Instagram The key to any successful fraud is not just to get your hands on the money, it's not leaving any fingerprints afterwards - so exactly when did "Mr Invisible", Adam Cranston, become involved in the Plutus Payroll scam allegations? See omnystudio.com/listener for privacy information.
S2 E28 · Wed, August 02, 2023
How Ozempic is upending the weight-loss industry
This week in The Fin podcast, technology writer Nick Bonyhady and health editor Jill Margo on how Ozempic has upended the weight-loss industry, the companies trying to make money from it and the health risks threatening to derail its meteoric rise. Further reading: The weight loss cycle: out with Jenny Craig, in with Ozempic Depending who you ask, Ozempic is “phenomenal” for patients or a “dangerous” way of losing weight. Either way, its arrival heralds a new model of medicine. Eucalyptus changes tune and begins selling Ozempic Australia’s biggest weight loss drug selling start-up, Eucalyptus, has begun selling Ozempic after previously insisting it only sold medications specifically approved to help people shed kilograms. If this episode has raised any concerns for you, help is available. Call Lifeline on: 13 11 14 See omnystudio.com/listener for privacy information.
S2 E27 · Wed, July 26, 2023
Forrest empire split: Inside the unravelling of Perth's worst-kept secret
This week in The Fin podcast, resources reporter Peter Ker on the split in the Forrest empire, how it came to light and what it means for the iron ore giant and its green energy plans. Further reading: Andrew and Nicola Forrest to pursue separate lives Australia’s richest couple, Andrew and Nicola Forrest, have separated but insist the strategic direction of the mining giant they control, Fortescue Metals Group, will not be affected by their decision to pursue independent lives. Forrest split won’t destroy Fortescue, investors say Big investors in Fortescue Metals say the miner can sail through the breakdown of executive chairman Andrew Forrest’s marriage and the subsequent ownership reshuffle that has given Nicola Forrest control of the single biggest Fortescue stake. Anonymous Nic emerges from the Forrest split Anyone who thinks Nicola will just quietly go along with whatever Andrew says and does from now is likely mistaken, even if, in regard to Fortescue, they stay on a steady course. See omnystudio.com/listener for privacy information.
S2 E26 · Wed, July 19, 2023
Is it time to get real on Australia's 2030 climate targets?
This week on The Fin, senior reporter Angela Macdonald-Smith and senior writer Ben Potter on the mammoth task ahead to re-engineer the country’s power system, why we are unlikely to meet those 2030 climate targets and how we can get back on track to reach-net zero by 2050. Further reading: Meeting 2030 climate targets close to ‘impossible’ Energy industry leaders are increasingly convinced that Australia will miss its 2030 climate targets, as the pace of adding renewable energy, back-up capacity and transmission falls further and further behind what is needed. Phased Eraring shutdown on cards as price worries mount Fortescue Future Industries director and former Reserve Bank deputy Guy Debelle warned that the lagging response in the supply of clean energy poses a risk for prices over the next 10 years as the economy transitions to low-carbon energy. Farmers revolt at Victorian power plan Australia hasn’t built transmission projects this large across farm country for decades. The projects are critical to the transition to net zero, but farmers say they’ve been ignored, taken for granted and patronised. See omnystudio.com/listener for privacy information.
S2 E25 · Wed, July 12, 2023
How two 'besties' almost got away with scamming millions from NAB
Today, senior reporter Max Mason on how two former 'besties' turned on each other after their multi-million dollar fraud unraveled, and why it took NAB years to uncover their lucrative scheme. And legal editor Michael Pelly gives his take on what it means for white-collar crime in Australia. Update on the case as of July 20: National Australian Bank fraudster Helen Rosamond has been sentenced to 15 years in jail for a scheme “breathtaking in its audacity” that embezzled millions of dollars with the help of a former chief of staff to two bank bosses. Further reading: Former NAB chief of staff jailed for fraud The former chief of staff to NAB chief executives Andrew Thorburn and Cameron Clyne has been sentenced to a combined eight years in prison for participating in a multimillion-dollar fraud scheme. Lavish lunches key to planning NAB fraud Rosemary Rogers, the former chief of staff to NAB chief executives Andrew Thorburn and Cameron Clyne, and Helen Rosamond, the owner of events company Human Group, met for lavish lunches in Sydney every few weeks to plan their alleged fraud of the big four bank, the Crown alleges. See omnystudio.com/listener for privacy information.
S2 E24 · Wed, July 05, 2023
Why flights are still so expensive and what you can do about it
This week in The Fin podcast, aviation reporter Ayesha de Kretser and travel editor Fiona Carruthers on why customers love to hate Qantas, when flying will become more affordable and what to do to get cheaper fares in the meantime. Further reading: Why is flying out of Australia still so expensive? Australian travellers are paying about 50 per cent more for international flights than before the pandemic. I just flew Qantas Auckland-New York in business – here’s how it went New plane, less flying time overall, no LAX airport: The Australian Financial Review went along for the inaugural ride taking Australians on this new route. Pointy end shake up: how first class, premium and business will look soon In the midst of a travel boom, airlines everywhere are sharpening things up at the front of the plane. The outgoing Qantas boss opted to buy the flat next door to his home in The Rocks and sell his harbourfront mansion, just 15 months after paying $19m for it. See omnystudio.com/listener for privacy information.
S2 E23 · Wed, June 28, 2023
Why all restaurant menus are starting to look the same
This week in The Fin podcast, AFR Magazine culinary editor Jill Dupleix on why Australian dining is stuck in a rut, how the business model for high-end restaurants has changed and what the industry needs to do to regain momentum. Background reading: Why the world’s best restaurant is taking up residency down under Chef Mauro Colagreco is bringing a team of 20 to create a uniquely Sydney version of his three-Michelin star French diner Mirazur. Why top restaurateurs are opening spin-offs right next door You can do degustation at Ides in Melbourne, and now you can go next door to March and settle for a bar snack also prepared by chef Peter Gunn . See omnystudio.com/listener for privacy information.
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