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Introduction
The biggest four firms control at least one third of the market in Australia's beer industry. In 2016, research by Adam Triggs and my old boss Andrew Lee found that more than half of 481 Australian industries are concentrated. Jonathan Tepper is a Rhodes Scholar, Economist, former Vice President of Proprietary Trading at the Bank of America,. He co-wrote his book, The Myth of Capitalism with Denise Hearn, who has an MBA from Oxford. At the end of this conversation, I asked Jonathan some questions about housing as well as some listener questions. And yeah, enjoy your bloody legend for listening.