Leon Gettler talks this week about the perils facing the Australian economy, the further perils facing the airline industry and Virgin Blue in particular, looks at moral hazard implications in the Government’s Green Paper and surveys the grim outlook for ninemsn, the web portal owned jointly by the Packer organisation and Microsoft.
Leon talks about changes in the Australian banking scene likely to emerge as Westpac advances to takeover St George. We discuss the Government’s Fuel Watch, which doesn’t look too good, we take a look at the failed British Gas bid for Origin Energy, scuppered, it seems by Malaysia’s Petronas coming in to invest in Santos’ [...]
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.
Leon Gettler looks at ANZ’s situation in the Opes Prime collapse, talks about BHP and the Chinese Government, and studies Kerry Stokes’s tilt at West Australian Newspapers.
Leon talks about ANZ’s exposure to Opes Prime, Telstra’s approach to Stephen Conroy’s National Broadband Network initiative, and Mick Gatto’s entry into the international debt-collection business.
We talk about Communications Minister Stephen Conroy’s decision to can the Howard Government’s grant of nearly $1 billion to Optus/Elders to build a WiMAX broadband network for regional and rural Australia and spec ulate that everyone is probably relieved it has happened. The Opes Prime scandal and the economy fill out a show shortened because [...]
Leon Gettler and Garry Barker discuss the collapse of Opes Prime and where the fallout may strike, the rise and rise of sovereign funds and what they could imply, and they examine the slower outlook for consumer-dependent business in Australia
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