Sydney house prices force thousands of young families out of NSW, productivity commission says. At least 150 Australian Tax Office officials have been implicated in the TikTok tax fraud where tens of thousands of Australians learned how to game collecting GST. Australia is going after X. Communications minster, Rowland warns that when new laws are introduced X faces fines for 5% of annual turnover if they don’t stop mis and dis- information Australian senators say they have “no confidence” and are “worried” about PwC’s ethical practices as it continues to withhold a global report on its misuse of government information from the inquiry into consulting services What to make of the sudden departure of more top female talent from Australia Post’s executive teamFollow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

 Although the RBA maintained its cash rate at a 12-year high of 4.35% — as predicted by economists – its quarterly forecasts showed inflation will only hit the midpoint of its 2-3% target band in 2026. Looks like interest rate cuts could be some time away.  Utes, four-wheel drives and other light commercial vehicles could be phased or priced out of the market under Chris Bowen’s long awaited vehicle efficiency standards.A PwC partner that the firm incorrectly publicly linked to its tax leaks scandal is planning to sue it for defamation after mediation talks between the parties fell apart. Renewable energy developers are facing a new ratings system to weed out “cowboys” from the ­industry, The deputy chair of the corporate regulator has warned the financial sector may not have learned the lessons of the landmark Hayne royal commission, noting many companies continue to make similar mistakes in dealing with customers.  Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Hong Kong court orders liquidation of troubled Evergrande echoing Lehman Brothers' collapse. Banks, suppliers, and property owners  in China  take a massive hit. The real estate crisis poses a threat to its economy's recovery. Experts say Changes to Stage 3 means the government is aligning better to tax design principles and relieves pressure on families disproportionately affected by the cost-of-living crisis. Assistant Treasurer Stephen Jones says the government is not done yet with its response to the PwC tax scandal, with more reforms on the horizon to take on the big four audit firms. Analysts warn the nation’s top supermarkets, Woolworths and Coles, could undershoot profit expectations over the next two years Australian Retail sales slump in December in a hangover from Black Friday.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

What does Chemist Warehouse's Australian merger mean?The long-term cost of the federal government’s debt interest bill has blown out by $80 billion since the May budget, overtaking the NDIS.Australia’s insurance giants warn premium costs will spiral beyond the reach of more households unless homes are relocated from high-risk areas & planning laws consider natural disasters.Luxury property, cars, boats and cash worth $110 million have been seized from the country’s biggest money-laundering ring by Australian Federal Police.Morry Schwartz steps aside as chairman of independent publisher Schwartz Media. His contribution to Australian media has been enormous, and so many owe him so much, both as writers and readers  Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop   Hosted on Acast. See acast.com/privacy for more information.

Chalmers appoints Bank of England economist Andrew Hauser as the next deputy governor of the RBA, a rare external appointment of an expert who will help shepherd the central bank through its biggest changes in decade Fallen war hero Ben Roberts-Smith has been dealt another huge blow, ordered to pay more costs in his failed defamation trial.   ASX-listed Seven West Media’s TV network will continue paying the rent of former Liberal staffer and accused rapist Bruce Lehrmann in Sydney until June next year The millions of Australians and thousands of businesses left without phone and internet service during the crippling Optus outage are being asked to make submissions to a government-led review, Australia becomes the first country to limit vaping.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop   Hosted on Acast. See acast.com/privacy for more information.

Sam Altman is back at OpenAI as CEO, Greg Brockman, and the rest of the team is reinstated. Guess what? Open AI has new board members.  Fresh RBA minutes from its Melbourne Cup Day meeting revealed the central bank had left the door open for further rate hikes should inflation prove persistent. Kelly Bayer Rosemarie has stood down as OPTUS CEO. She should get a generous payout as she goes. Say about 200 Terabytes of OPTUS mobile data?  Iconic Australia hatmaker Akubra is set to change ownership for the first time in five generations after being snapped up by Andrew Forrest. Australia’s top housing markets will see falls next year as interest rate hikes hit households just as the economy slows, according to forecaster SQM Research Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.

Moody's changes the outlook of America's debt to negative, putting the US one step closer to losing its last perfect credit rating.  Fears of soaring prices and shortages as Australian Federal Police investigate a major cyber-attack against Australia's ports. Optus, Telstra and other major telco boards required to sign off on a new or updated cyber risk management program every year or face hundreds of thousands of dollars in penalties.Singtel-owned Optus says routine software upgrade caused the massive 14-hour network outage. A network shouldn't implode so spectacularly because a software upgrade was run.The opposition of Australia's biggest super fund to the Brookfield bid for Origin virtually ensures the deal won’t get up. Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop  Hosted on Acast. See acast.com/privacy for more information.

Europe's PMI stats signal looming recession - darkest forecast since the financial meltdown & COVID slump. Unlucky 13. We have seen the 13th increase in official interest rates by the RBA since May last year. Cash rate now at 4.35%The number of Australian companies that collapsed in October soared 43%.ASIC sues TelstraSuper for failing more than 200 times to respond to customer complaints.  It’s the first time a retirement fund has been sued for this type of alleged misconduct.Sydney jewellery shop and its owner ordered to pay a record amount of general damages for sexual harassment   Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop  Hosted on Acast. See acast.com/privacy for more information.

The World Bank is warning that even a small disruption to crude supplies due to escalating Middle Eastern conflict could remove between 500,000 and 2 million barrels a day from global markets and reach $157 a barrel.A massive trade deal between Australia and the European Union appears all but doomed after "endgame" negotiations between the two sides collapsed before they even began.Deloitte report finds Australia’s insurance industry was underprepared for floods that lashed the east coast last year, with antiquated technology and a lack of skilled staff, tradies and materials turning the disaster into a gruelling experience for many of its customers.  \Qantas refutes claims it knowingly sold tickets for flights which were never planned to depart, in the embattled airline's first legal response to the ACCC's bombshell court action. Watch out for those ASX zombie companies warns KPMG.  Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop      Hosted on Acast. See acast.com/privacy for more information.

 Central banks are losing the fight against inflation. The 2 Year Treasury Bond, one of the benchmarks of whether Inflation is rising or declining, has hit a 16 year high with a Yield of 5.02%.Being rich is my superpower’ Tapes reveal cardboard mogul Anthony Pratt paying monthly retainers of $25K to Paul Keating and $8k to Tony Abbott while Prince Charles received $182,000 in 2021. Pratt also bought access to Trump.Uber’s surge plan to bring 10,000 electric vehicles into Australia.Barriers to women fully participating in the workforce are costing the Australian economy $128 billion.Major proxy advisers recommend investors reject Qantas’ executive pay scheme and have demanded more details over why the board has not sanctioned the airline’s management financially over an adverse High Court ruling and its flight credits saga.Follow my socials on:https://twitter.com/leongettlerhttps://www.instagram.com/leongettler/https://www.linkedin.com/in/leongettler/https://www.facebook.com/talkingbusinesspodcasthttps://business.google.com/dashboard/l/17460167277811417147?hl=en&gmbsrc=au-en-z-z-z-gmb-s-119-u~mhp-ns_hom_8-u&omec=EI_z6RYYASIBATIBATotZ21ic3JjPWF1LWVuLXotei16LWdtYi1zLTExOS11fm1ocC1uc19ob21fOC11QAFKEwjq4cCIj5D3AhXNnWMKHUB5Cqg%3Dhttps://www.youtube.com/c/LeonGettler/discussion?app=desktop Hosted on Acast. See acast.com/privacy for more information.