

Deloitte’s AI disaster, gold gets political & GYG’s burrito blues
27 snips Oct 10, 2025
Deloitte's AI report blunders spark concerns about the sharemarket bubble. The surge in gold prices raises intriguing questions about global politics and economic safety. Guzman y Gomez faces challenges with sales and a $100 million buyback, drawing attention to their growth strategy. Meanwhile, discussions highlight the implications of AI advancements and the necessity for cautious governance. Lastly, there's intrigue surrounding ANZ's upcoming strategy day and its potential impact on the bank's future.
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Union Turf War Disrupts Melbourne Projects
- The CFMEU halted workers on major Melbourne projects claiming safety issues while sources said it was a turf war with the AWU.
- James Chessell and James Thomson explain the stoppages pressured John Holland over work in South Australia and hit Victoria's big-build agenda.
GYG's Growth Stumbles After US Push
- Guzman y Gomez shares dived after growth slowed and a $100m buyback failed to restore confidence.
- James Thomson and James Chessell note the US expansion faltered and investors are punishing the stock for disappointing growth.
Big Firms Can Misuse AI Publicly
- Deloitte's $440,000 government report contained AI-generated errors and fabricated citations leading to a partial refund.
- James Chessell says the mistake shows misuse of AI and the need for human checks and transparency in professional services.