Leon talks about the oil price crisis, Coles as it begins what is looking like a massive restructuring under its new CEO, about QBE’s failed bid to take over IAG, and we discuss the implications of Senator Conroy’s extension of time for prospective bidders to build the national broadband network.
Leon talks this week about the Australian Budget, new Treasurer Wayne Swan’s maiden effort, about the implications of China’s rumoured intention to bid for a slice of BHP and what could happen to Australian banking scenery when, or if, Westpac succeeds in taking over St George and all the other minor banks come into play.
Leon looks at the ANZ’s problems, at Tricom and the others also in trouble, about Westpac on the eve of its bid to takeover St George, and the National Broadband Network.
Leon and Garry talk about the economy, the debris still falling around Opes Prime and the ANZ Bank, and a bunch of other stuff, including where, if anywhere, we are at on the National Broadband Network.
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