Chanticleer World holds breath on Iran, $30b deal is test for govt & CEO pay secrets
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Jun 20, 2025 The podcast dives into the escalating conflict between Israel and Iran, exploring its humanitarian implications and potential effects on global oil markets. It also discusses a landmark $30 billion bid for Santos, highlighting the challenges in foreign ownership and energy market uncertainties. CEO compensation is scrutinized, revealing striking pay discrepancies between executives and regular workers. Additionally, the impact of lucrative AI talent packages on the economy is examined, raising questions about future consumer prices and job displacement.
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CEO Pay Disparities
- CEO median pay in Australia's ASX 100 is $4.15 million, about 55 times average worker's earnings.
- This ratio is much lower than the US, where CEO pay is 348 times the average wage, showing global pay disparities.
AI Engineer Mega Bonuses
- Meta offers $150 million sign-on bonuses to AI engineers anticipating trillion-dollar AI returns.
- High pay reflects expected massive cost savings from automating jobs, which may increase unemployment.
Oil Price Risks from Strait Disruption
- Iran blocking the Strait of Hormuz could spike oil prices up to $120 a barrel, triggering market panic.
- Disruptions here would have global consequences but the economy is less oil-dependent than in the 1970s.