Chanticleer Rate cut comes with bad news, CBA’s magic mortgages & insider trading rocks markets
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Aug 15, 2025 Insider trading scandal rocks the financial world, exposing shocking ethical breaches. The Commonwealth Bank shines with zero write-offs on home loans amidst rising insurance concerns. A shift towards second-hand cars reflects economic pressures facing consumers. Discussions about the future of AI in customer service highlight both benefits and uncertainties. Anticipation builds for economic reforms in Canberra, as major companies release critical earnings reports. The evolving landscape of remote work presents new challenges for corporate culture and productivity.
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Fund Manager Caught Using Stolen Slides
- Rodney Forrest pled guilty after photographing confidential slides on a chairman's computer and trading on them.
- He made about $309,000 and cooperated with ASIC's probe, highlighting brazen insider trading.
Appearances Can Mislead Investors
- The hosts argue titles and Twitter presence don't equal trust or competence in finance.
- Appearances can mislead investors about who should manage other people's money.
CEO Workstyle Signalling Shapes Culture
- CEOs publicly competing over working hours fuels a culture contest between grind and flexibility.
- The rise of AI and economic pressure will intensify divergent leadership styles in coming years.