The Fin

Joanna Mather, Wealth editor at The Australian Financial Review, and Michelle Bowes, a reporter at the same outlet, dive deep into the controversial proposed superannuation tax changes in Australia. They discuss the implications of taxing super balances exceeding $3 million and how this could affect wealth distribution. The duo explores strategies taxpayers might adopt in response, the debates surrounding unrealised gains, and the potential for increasing wealth inequality. With expert insights, they shed light on the emotional and financial stakes at play.

In this engaging discussion, Michael Read, economics correspondent for the Financial Review, shares his insights on the Reserve Bank's recent interest rate cuts and their implications for the housing market. He explains how historical trends suggest that when rates drop, property prices often spike dramatically. Read touches on the anticipated 10-15% increase in housing costs, the challenges faced by first-time buyers, and the impact of global economic changes on local markets. He also reflects on the important role of government support in making housing more affordable.

This week on The Fin, political editor Phillip Coorey and former Labor adviser and AFR columnist Lidija Ivanovski talk about the decimation of the Opposition, the uphill battle facing Sussan Ley and the fierce debate over the Super Tax.This podcast is sponsored by Aussie BroadbandFurther reading:The longer the split, the harder it will be to reconcileSussan Ley, who used to hold her own in shearing sheds, is playing hard ball.It took five days for the Coalition to fall apartNegotiations between the two parties fell at the first hurdle. When parliament resumes, the Liberals will hold all 30 shadow ministries and the Nationals will be on the crossbench.How Albanese learnt from Labor losers and won big on SaturdayFor six months, he has been privately telling his supporters that he had the plan to deliver Labor a second-term majority, and the skill to pull it off. See omnystudio.com/listener for privacy information.

In this engaging discussion, Jonathan Shapiro, a senior reporter at The Australian Financial Review specializing in business and finance, dives into Warren Buffett's retirement and its implications for America. He explores Buffett's enduring legacy and whether his famous mantra still holds true. The conversation also touches on the contrasting optimism at the Milken Institute Global Conference versus underlying economic concerns. Additionally, Shapiro examines the future of Berkshire Hathaway and its next chapter under Greg Abel's leadership.

James Thomson, a knowledgeable Chanticleer columnist for the Australian Financial Review, is joined by Joyce Moullakis, an Associate Editor covering corporate deals. They dive into the controversial $14 billion acquisition by James Hardie that occurred without shareholder voting rights. The discussion highlights investor backlash and the implications for corporate governance. They emphasize the need for transparency and shareholder participation, as major fund managers push back against the perceived disenfranchisement and call for rule revisions in the ASX.

Phillip Coorey, political editor at the Australian Financial Review, and John Kehoe, its economics editor, dive into Labor's remarkable election win. They explore the sweeping shifts in voter sentiment and the implications for the Coalition's leadership. The discussion highlights the impact of social media on campaigning and critiques the opposition's approach to energy policy, particularly nuclear debates. They also unpack vote counting controversies and assess how Labor's strengthened position could influence future governance and economic policies.

This week on The Fin podcast: Mark Di Stefano talks about the rise of one of Australian sport’s most powerful men and takes us inside the battle to control the future of racing and rugby league.This podcast is sponsored by Aussie BroadbandFurther reading:Inside the plot to ‘get rid’ of Peter V’landysIn his climb to the top of racing and rugby league, Peter V’landys has broken the rules and challenged the system. But now some in the system are fighting back.How Peter V’landys built a property empireOver two decades under the leadership of Peter V’landys, Racing NSW and the NRL have splurged millions of dollars on residential and commercial real estate.Racing royalty launch broadside against V’landys leadershipChampion trainers Gai Waterhouse and Chris Waller are among the authors of a scathing letter about racing governance.See omnystudio.com/listener for privacy information.

Phillip Coorey and the panel on the seats that will decide the election, whether the AAA credit rating is really under threat and what Labor and the Coalition aren’t telling us.See omnystudio.com/listener for privacy information.

Geoff Raby, a Financial Review columnist and former ambassador to China, shares his expert insights on the US-China trade war and its implications for Australia. He explores why both nations might strike a deal, despite ongoing tensions. Raby discusses the strategic responses from China and the evolution of trade dynamics, especially in solar energy. He emphasizes the importance of transparent leadership in Australia as the nation navigates its diplomatic stance between superpowers. The conversation sheds light on the complexities of international relations and economic impacts.

Tom McIlroy, Canberra Bureau Chief at The Australian Financial Review, delves into the dynamics of the upcoming election. He discusses the coalition's bold defense spending plans while addressing the nation's security concerns. McIlroy highlights Labor's rising confidence and the coalition's struggles amid critical polling. He also touches on the effects of American political trends on Australia and the erosion of trust in institutions, providing a thought-provoking look at how these factors shape the political landscape as election day approaches.