The Fin

Join billionaire Anthony Pratt, along with his sisters Heloise and Fiona, as they delve into the dramatic legal battles surrounding their family's fortune. Discover how their father Richard's complex succession plan ignited disputes, especially involving their half-sister Paula. The siblings share insights on the tension between wealth, legacy, and the public fallout from their father's controversial relationships. With Anthony's ties to Donald Trump also under the microscope, their narrative reveals the intricate balance of business and family ties.

Neil Chenoweth, a senior writer known for his keen insights into media dynamics, joins Sam Buckingham Jones, a savvy media and marketing reporter. They dissect the tense succession drama involving Lachlan Murdoch and the lingering influence of Rupert Murdoch. Legal battles are brewing among family members, with stakes high for News Corp's future. The discussion also unpacks the implications of dual-class shares and internal family conflicts on the profitability of major media outlets. It’s a rollercoaster of ambition, rivalry, and strategic maneuvering.

Robin Khuda, founder of AirTrunk, discusses his journey in creating a $24 billion data center giant in just nine years, driven by the booming demand for cloud computing. He outlines the challenges of scaling the business and environmental concerns ahead. Khuda reflects on the pivotal moments from humble beginnings and the strategic partnerships that fueled growth. With an ambitious target of $100 billion, he contemplates the future of AirTrunk and the impact of significant acquisitions on the tech landscape, especially in Asia.

Michael Bleby, a deputy property editor known for his expertise in real estate trends, and Bonnie Campbell, a luxury property writer focusing on high-end real estate, dive into the Spring housing market. They unravel why property listings are increasing and whether it’s a good time to buy. The duo examines price fluctuations, challenges facing first-time buyers, and shifting dynamics in luxury markets. They also discuss opportunities for homebuyers and the role of interest rates in shaping future trends. A must-listen for anyone eyeing the market!

This week on The Fin podcast, senior reporter Ronald Mizen and media and marketing reporter Sam Buckingham-Jones on the case for and against gambling ad reform, what the government is likely to do and whether it will be enough. This podcast is sponsored by Team Global ExpressFurther reading:Rowland wins some, loses more in gambling advertising debatePointless non-disclosure agreements, an agitated backbench – miscalculations have marred long-overdue reform to wagering advertising rulesTV ad ban but not jerseys and field signs is ‘illogical’: bookies Sportsbet, Entain and Pointsbet say they won’t put their logos on sports jerseys or around the stadium during live sportGambling ad ban MPs to go over Rowland’s head and lobby PM direct The direct approach over the head of the communications minister illustrates growing frustration in Labor ranks over the party’s position on gambling advertisingSee omnystudio.com/listener for privacy information.

This week on The Fin podcast, United States correspondent Matthew Cranston and International editor James Curran on why the presidential race has been turned on its head, how the candidates and their running mates match up and what they would mean for the world if they make it to the White House.This podcast is sponsored by Team Global ExpressFurther reading: Obamas ignite Harris campaign but warn of tight raceThe former president told a roaring crowd the vice president would not be a self-centred leader like Trump, but instead focus on improving Americans’ lives. Kamala Harris’ big test this week: Policy or personality All eyes will be on the vice president at the Democratic National Convention as she tries to keep momentum going in the race for the White House. Democrats now the American dreamers Democrats have become the true believers in the American mission. Republicans will be more prudential in assessing foreign policy capacities.See omnystudio.com/listener for privacy information.

This week on The Fin podcast, professional services editor Edmund Tadros on the rise of a sales-driven culture at PwC, why the firm bungled its response to the tax leaks scandal, and why it has failed to move on. This podcast is sponsored by Team Global Express Further reading: ‘We couldn’t believe it’: Insiders reveal how PwC unravelled as scandal broke The inside story of how PwC transformed from dull accountant into a sales-driven firm that would tear itself apart.‘I’ll make you more money’: Inside Seymour’s CEO pitchThe candidates had unofficial campaign managers and developed manifestos. Lobbying was done in the office, over drinks, during the weekend. And like any good election, the voters’ main concern was what was in it for them.‘Nerds gone wild’: Inside PwC’s last party before it all blew upIt is the days-long party now described as the last hurrah before the storm of the tax leaks. Within six months, the scandal would change the firm forever.See omnystudio.com/listener for privacy information.

Jonathan Shapiro, a senior reporter specializing in financial news and scandals, dives deep into ANZ’s explosive bond trading scandal. He discusses allegations of market manipulation and the potential consequences for top executives, including the CEO. Shapiro highlights the troubling culture within ANZ's trading division and the urgent call for accountability and reform. The conversation raises critical questions about the integrity of financial operations and the broader impact of this scandal on the financial industry and regulatory bodies.

Andrew Forrest, founder of Fortescue Metals Group and a major player in the green hydrogen movement, shares insights into his shifting vision on green hydrogen amid market challenges. Former chief scientist Alan Finkel discusses the uncertainties surrounding hydrogen as an energy storage solution. They tackle the implications of Fortescue’s job cuts and slowed initiatives, questioning Australia's ambitious hydrogen goals. The conversation highlights the complexities of transitioning to sustainable energy and the hurdles faced in balancing visionary goals with practical realities.

This week on The Fin, Financial Review workplace correspondent David Marin-Guzman on what was uncovered in his nine-month investigation into the CFMEU, why the response shocked union insiders and whether this time, there might be lasting change. This podcast is sponsored by Smartsheet. Further reading: ‘The dam is breaking’: Setka resignation blow to culture of fear The CFMEU boss’ departure was a shock even to his own officials, but it is a watershed moment for the culture of silence and intimidation that has ruled the construction industry. Caught on film: How Setka and the CFMEU wield their power Videos show John Setka delivering a suitcase message to a rival’s home, and other officials issuing threats and boasting of the union’s total control. Albanese to push aside CFMEU bosses The Albanese government will seek to appoint an external administrator to clean up the CFMEU, sidelining its national and state leaders. The MUA is also considering whether to split from the CFMEU. See omnystudio.com/listener for privacy information.