Australians haven’t stopped spending — they’ve just become much more selective about where their money goes. This week, Bloomberg global business editor Karen Leigh joins host Rebecca Jones to unpack the winners and losers from Australia’s latest earnings season, from Kmart and supermarkets to furniture and electronics retailers. They discuss the rise of home brands, the impact of higher housing costs and falling property prices, and whether Australia’s newfound obsession with value could permanently change how we shop. 

Australians haven&rsquo;t stopped spending &mdash; they&rsquo;ve just become much more selective about where their money goes. This week, Bloomberg global business editor Karen Leigh joins host Rebecca Jones to unpack the winners and losers from Australia&rsquo;s latest earnings season, from Kmart and supermarkets to furniture and electronics retailers. They discuss the rise of home brands, the impact of higher housing costs and falling property prices, and whether Australia&rsquo;s newfound obsession with value could permanently change how we shop.&nbsp;

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Winners and Losers in Australia’s Value Economy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5b73de49-bf5e-4df8-921e-b4c100202414/transcript

Billions of dollars are pouring into Australia’s data centers, with the industry promising jobs, investment and a chance to turn the country’s abundant renewable energy into computing power for the world. But how much richer will the boom actually make Australia — and who ultimately benefits?

Bloomberg economist James McIntyre joins host Haidi Stroud-Watts to follow the money and separate the economic opportunity from the AI hype. He explains what the boom could mean for jobs, power prices and inflation — and why the surge in investment could make the Reserve Bank’s job even harder.

Billions of dollars are pouring into Australia&rsquo;s data centers, with the industry promising jobs, investment and a chance to turn the country&rsquo;s abundant renewable energy into computing power for the world. But how much richer will the boom actually make Australia &mdash; and who ultimately benefits?
Bloomberg economist James McIntyre joins host Haidi Stroud-Watts to follow the money and separate the economic opportunity from the AI hype. He explains what the boom could mean for jobs, power prices and inflation &mdash; and why the surge in investment could make the Reserve Bank&rsquo;s job even harder.

Our Economist Cuts Through the Data Center Hype

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bd66a3e1-354c-4dab-a4bc-b4f2002bea01/transcript

Australia became the first country in the world to ban children under 16 from social media. Almost a year later, the government is preparing for a potential court battle with some of the world’s biggest tech companies — while pushing ahead with even tougher rules for social media platforms and AI chatbots.

In an exclusive interview with Bloomberg’s Angus Whitley, communications minister Anika Wells explains why she believes the ban is working, why Big Tech still isn’t doing enough to protect children, and how Australia’s next wave of regulation could reshape the way companies from Meta to OpenAI operate.

Australia became the first country in the world to ban children under 16 from social media. Almost a year later, the government is preparing for a potential court battle with some of the world&rsquo;s biggest tech companies &mdash; while pushing ahead with even tougher rules for social media platforms and AI chatbots.
In an exclusive interview with Bloomberg&rsquo;s Angus Whitley, communications minister Anika Wells explains why she believes the ban is working, why Big Tech still isn&rsquo;t doing enough to protect children, and how Australia&rsquo;s next wave of regulation could reshape the way companies from Meta to OpenAI operate.

Why Australia Is Set to Sue Facebook and TikTok

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8de3bd65-5498-4332-b552-b4eb0011b0b9/transcript

Firmus went from being one of Australia’s hottest IPO prospects to a spectacular flop in less than 48 hours. The Nvidia-backed data center operator’s failed listing has raised questions about sky-high valuations, enormous funding needs and just how much investors are willing to pay for the promise of future AI profits.

Bloomberg’s Sydney Bureau Chief Ainslie Chandler joins Chris Bourke to unpack what went wrong — and why the Firmus fiasco may be a warning sign for the billions pouring into AI infrastructure around the world.

Firmus went from being one of Australia&rsquo;s hottest IPO prospects to a spectacular flop in less than 48 hours. The Nvidia-backed data center operator&rsquo;s failed listing has raised questions about sky-high valuations, enormous funding needs and just how much investors are willing to pay for the promise of future AI profits.
Bloomberg&rsquo;s Sydney Bureau Chief Ainslie Chandler joins Chris Bourke to unpack what went wrong &mdash; and why the Firmus fiasco may be a warning sign for the billions pouring into AI infrastructure around the world.

How Firmus Exposed Cracks in the AI Funding Frenzy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/74919331-8081-4c56-abac-b4e4002d56ab/transcript

The Winners and Losers in Australia’s Value Economy

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