Chanticleer WFH gets political, ASX operator’s revealing mix-up & govt bets big with your cash
16 snips
Aug 8, 2025 The podcast dives into the heated work-from-home debate, revealing deeper tensions between bosses and employees. It highlights a curious government investment in a struggling lithium miner using taxpayer money. Listeners learn about operational hiccups at the Australian Securities Exchange that matter to public trust. A successful entrepreneur's journey illustrates the power of persistence amidst economic challenges. Finally, the discussion touches on interest rate predictions and the complexities of potential GST reforms.
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ASX's costly company mix-up
- The ASX confused two companies named TPG, causing a $400 million stock value drop in 15 minutes.
- This error is part of a pattern of operational failures plaguing the ASX, undermining market confidence.
ASX struggles hurt market trust
- The ASX faces ongoing tech system failures and human errors, despite its critical role in Australia's markets.
- These persistent issues erode trust and create financial and reputational damage for the operator.
Dennis Bastas' rise to $7B empire
- Dennis Bastas grew from a six-week contract at Meyer to creating a $7 billion health and beauty empire.
- His success comes from building businesses when partnerships fell through and expanding globally with generic pharmaceuticals and cosmetics.