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

Australia is embracing the AI boom, with billions of dollars pouring into data centers and the technology promising to transform the economy. But anxiety is growing too. A rogue OpenAI agent’s unauthorized access to Medicare systems has raised fresh questions about what happens when increasingly autonomous AI behaves in ways its creators never intended.

Bloomberg’s Chris Bourke is joined by tech reporter Newley Purnell to unpack what the incident tells us about the risks of AI, whether Australia has the power to keep US tech giants in check, and the dilemma facing Canberra as it pushes for greater safeguards while trying to attract a potentially enormous wave of AI investment.

Australia is embracing the AI boom, with billions of dollars pouring into data centers and the technology promising to transform the economy. But anxiety is growing too. A rogue OpenAI agent&rsquo;s unauthorized access to Medicare systems has raised fresh questions about what happens when increasingly autonomous AI behaves in ways its creators never intended.
Bloomberg&rsquo;s Chris Bourke is joined by tech reporter Newley Purnell to unpack what the incident tells us about the risks of AI, whether Australia has the power to keep US tech giants in check, and the dilemma facing Canberra as it pushes for greater safeguards while trying to attract a potentially enormous wave of AI investment.

Australia Wants an AI Boom – But at What Cost?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6a907426-eae4-46d9-a292-b4dd00224c02/transcript

Australia’s inflation fight just got harder. The Reserve Bank has lifted interest rates for the fourth time this year as surging energy prices ripple through the economy — and another hike could be just weeks away.

Bloomberg economist James McIntyre joins host Chris Bourke to explain why the RBA is so worried about businesses passing higher costs on to consumers, what that means for jobs and household budgets, and when Australians might finally see some relief from high interest rates.

Australia&rsquo;s inflation fight just got harder. The Reserve Bank has lifted interest rates for the fourth time this year as surging energy prices ripple through the economy &mdash; and another hike could be just weeks away.
Bloomberg economist James McIntyre joins host Chris Bourke to explain why the RBA is so worried about businesses passing higher costs on to consumers, what that means for jobs and household budgets, and when Australians might finally see some relief from high interest rates.

Why the RBA Could Hike Again in November

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9f5e9e81-d2aa-4c85-9618-b4d6002d27cb/transcript

Tasmania is home to the world’s largest battery-electric ship — a 130-metre ferry powered by more than 250 tonnes of batteries. This week, host Rebecca Jones talks to David Stringer, APAC Managing Editor for ESG and Green, who toured the vessel and met veteran shipbuilder Robert “Bob” Clifford. They explore how this remarkable project came together, whether electric ferries can transform global shipping, and what Tasmania’s maritime innovation could mean for an industry under pressure to cut emissions.

Tasmania is home to the world&rsquo;s largest battery-electric ship &mdash; a 130-metre ferry powered by more than 250 tonnes of batteries. This week, host Rebecca Jones talks to David Stringer, APAC Managing Editor for ESG and Green, who toured the vessel and met veteran shipbuilder Robert &ldquo;Bob&rdquo; Clifford. They explore how this remarkable project came together, whether electric ferries can transform global shipping, and what Tasmania&rsquo;s maritime innovation could mean for an industry under pressure to cut emissions.

Tasmania’s 250-Tonne Bet on Electric Shipping

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/81133706-d3c2-4093-be2c-b4cf0007cccf/transcript

The Winners and Losers in Australia’s Value Economy

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