<p>A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.</p> <p>Search The Fin and follow us wherever you get your podcasts.</p>
In our two-part series, Inside Edge, we go behind the scenes of the corporate regulator's high-stakes war on insider trading. We trace the thin line between a "great piece of gossip" and a federal crime, revealing why this is the easiest law to break-and the hardest to prove.
As a massive new crackdown looms, ASIC boss Joe Longo reveals his growing frustration with the courts: "The sentences aren't as strong as we would like." Find out if you're closer to the edge than you think.
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This week on The Fin podcast, Jonathan Shapiro and Emma Rapaport on what's behind the Magellan and Barrenjoey merger and whether there's enough room for another homegrown investment bank.
This podcast is sponsored by Aussie Broadband
Further reading:
Magellan merger delivers billion-dollar bonanza for Barrenjoey staff
Since the merger was announced, Magellan’s shares have risen by more than 33 per cent, lifting the paper wealth of Barrenjoey’s 463 staff to over $1 billion
Booming Barrenjoey swallows parent Magellan after only 5 years
Barrenjoey and Magellan are tying the knot to create a mini-Macquarie in a $1.62 billion deal. We’d tip one side to dominate the merger.
Lowy family takes major stake in Magellan after merger with Barrenjoey
Steven Lowy, a principal of Lowy Family Group, the family’s private investment business and family office, said it had a long history with Magellan.
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Technology reporter Amelia McGuire and Chanticleer columnist Anthony Macdonald on whether Curtis' AI start-up Firmus can live up to the hype.
This podcast is sponsored by Aussie Broadband
Further reading:
Firmus lands $600m-plus annual tech giant deal as it eyes ASX float
The artificial intelligence start-up has already announced a $70 billion plan to work with Nvidia and CDC Data Centres on facilities across the country.
Firmus plans mid-year IPO after sealing $14b Blackstone deal
The AI data centre provider co-founded by Oliver Curtis has secured the huge debt facility to build its so-called AI factories across Australia.
The new iron ore: Can AI ‘tokens’ become Australia’s next great export?
Having exhausted excess power in the US, the tech giants want to have AI factories in Australia. Are we the lucky country again, or is it all a trick?
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This week, media reporter Sam Buckingham-Jones on the radio stars' falling out and whether ARN can use it to exit one of the worst deals in Australian media history.
This podcast is sponsored by Aussie Broadband
Further reading:
Kyle Sandilands fires back at ARN: ‘I am not in breach’
The high-profile radio personality says his employer denied him due process after it accused him of serious misconduct and cut up a $200 million contract.
Jackie O declares: ‘I did not quit’ radio show
In a statement on Friday Jackie Henderson said she was “deeply saddened by the events of the past week” after her radio partnership with Kyle Sandilands ended.
Kyle and Jackie O’s radio rift was about more than star power
The pair’s two-decade run atop broadcasting with the most expensive show of its kind has come to a sudden and acrimonious end. We look inside the implosion. ‘There is no line’: how Kyle Sandilands thrives in the cancel culture era The radio host on his record-breaking contract, expanding business empire and what the PM did at his wedding.
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This week, resources reporter Peter Ker on the challenges ahead for Australia’s iron ore industry, why copper is booming and what miners are doing to ensure the country remains a resources powerhouse.
This podcast is sponsored by Aussie Broadband
Further reading:
Iron ore giants face billion-dollar hit from China-backed price switch
A new index for the country’s most lucrative export has been lower than the long-time benchmark for the vast majority of days since it was launched this year.
Size counts in mining’s game of relevance, but not that much Glencore
BHP and Rio shares are at record highs and their bosses are being courted at the White House. So how can Glencore boss Gary Nagle say they’re irrelevant?
Copper displaces iron ore as BHP’s best earner, supercharging profits
The Big Australian, like its rivals, pivoted towards commodities critical to the energy transition, with production of the red metal to grow 25 per cent by 2035.
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This week Technology editor Paul Smith and Chanticleer columnist James Thomson on why financial markets are suddenly spooked, which businesses are most at risk from AI disruption and whether the concern is overblown.
This podcast is sponsored by Vanta
Further reading:
WiseTech drops Australia’s first AI jobs bomb
Rapid, large-scale deployment of artificial intelligence is happening, with the companies most at risk of disruption leading the charge.
AI comes for the software giants, and Australia is no safe haven
One venture capitalist warns there will be “roadkill”. Another says the market is “schizoid”. Artificial intelligence is making tech increasingly turbulent.
Anthropic co-founder Dario Amodei warns AI has the potential to tear society apart
Dario Amodei’s Anthropic is behind the most popular AI platform for businesses worldwide, but he has serious worries about the technology tearing society apart.
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Political editor Phillip Coorey and former Labor adviser and columnist Lidija Ivanovski on Angus Taylor’s big move, the threat from One Nation and why this might not be the last leadership contest before the next election.
This podcast is sponsored by Vanta
Further reading:
It’s Timmy v Jimmy, with CGT the first battleground
Jim Chalmers and Tim Wilson both harbour leadership ambitions. Treasury will be their sparring ring, and both will be determined not to come off second best.
Taylor’s big advantage could be 35pc of voters don’t know who he is
The new opposition leader is standing at the bottom of a mountain and there is doubt among many in his own party that he can climb it.
Jane Hume has become the Liberals’ woman problem by tearing down Ley
The new deputy leader might be able to charm some with her confidence and presentation, but her record does not look like that of a champion for working women.
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This week on The Fin podcast: journalist Lucy King on the global scam operators targeting Australian investors, how the brother of Olympic breakdancer Raygun came to be working for them and why they are so hard to shut down.
This podcast is sponsored by Vanta
Further reading:
Raygun’s brother linked to global scam network with nearly 40,000 Aussie victims
An AFR investigation unravels corporate registries to link Brendan Gunn, brother of “Raygun”, with a global network that has fleeced victims of millions.
‘Devastated’: How I lost $500k in a crypto ATM scam
Mary, 85, is one of thousands of victims of Australia’s boom in crypto ATM’s, which suck in $275 million a year, and are the “getaway cars” for scammers.
Modern money laundering explained: Inside a $2.2b crypto heist
The washing of money through digital tokens is fuelling global crime. We trace the funds from the robbery to its final “integration” and explain why Australia needs stronger international rules.
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This week, James Eyers on why key executive and eldest son Peter Fox has taken an unexpected break from the company, what it means for the Linfox succession plan and why handing over mult-billion dollar family fortunes is so hard to do.
This podcast is sponsored by Vanta
Further reading: Peter Fox’s long absence puts Linfox succession plan in the spotlight
For seven decades, billionaire businessman Lindsay Fox has loomed large over the empire he built from one truck. Who will succeed him is an open question.
Peter Fox on extended leave at Linfox as non-family directors step up
The son of the trucking magnate has been on sabbatical since December, with others outside the family appointed chairman of various logistics businesses.
‘We’re not going anywhere’: Peter Fox says Armaguard’s future assured
The Linfox boss hopes an independent pricing model is swiftly approved by the competition regulator, so a new enterprise deal can be struck with the union.
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This week, United States correspondent Jessica Gardner on Trump’s first year back in the White House and Mark Carney's viral speech.
This podcast is sponsored by Acenda
Further reading:
Rudd’s replacement is no political animal. That’s a good thing
Many believe the role of US ambassador requires a sharp politician, but Greg Moriarty is the technocrat that Australia needs to meet the challenges of the times.
Trump softens on Minneapolis, but Dalio warns of slide to civil war
The US president has signalled a shift in strategy on immigration after the deadly chaos, but global investor Ray Dalio says the “United States is now a tinderbox”.
Carney declares rules-based order dead as Greenland row escalates
The Canadian prime minister warned the world order was breaking, and French President Emmanuel Macron vowed not to give in to “bullies”.
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This week, health editor Michael Smith on why baby-making is such big business and how private equity firms are reshaping the IVF sector.
This podcast is sponsored by Acenda
Further reading:
Ill-conceived: Inside Australia’s IVF money-making machine
The commercialisation of the industry as private equity owners take over from pioneering doctors has many people very worried.
Monash IVF rejects $300m takeover bid from Genesis Capital as too low
Shares in the fertility group have fallen more than 40 per cent since mistakes were disclosed earlier this year, prompting the PE-led consortium to swoop.
Monash IVF says market share, patients down since embryo mix-ups
Stiff competition and pricing pressure in Victoria has hurt the fertility group’s performance so far this fiscal year.
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