Thursday, February 25, 2021

Alan Joyce vents frustration on border restrictions as Qantas posts billion dollar half year loss

Qantas chief executive Alan Joyce has vented his frustration at state and territory border restrictions that have contributed to the airline's billion dollar loss in the final six months of last year. 

Mr Joyce is urging uniform rules to ease confusion and build certainty for travellers. Mr Joyce speaks with the ABC's Peter Ryan.

I spoke with Alan Joyce for The World Today 


Wednesday, February 24, 2021

Bets rise for early rate rise despite high jobless, low inflation - though RBA sees rate close to zero until 2024

Some market strategists are beginning to bet that central banks including Australia's Reserve Bank might raise interest rates ahead of expectations as the global recovery gains pace. 

But ABC's Peter Ryan says the RBA is likely to stick to its own forecasts that rates will remain close to zero until 2024 despite rising inflation.

Here's my analysis from The World Today

Tuesday, February 23, 2021

Crown Royal Commission to probe public interest of Melbourne casino licence - could Crown cash cow on the Yarra be in jeopardy?

The Royal Commission into Crown's casino licence in Melbourne will look at public interest issues that could go to problem gambling. 

The Victorian inquiry will also look at Crown's close associates and allegations of money laundering raised in the New South Wales inquiry into the casino giant's Sydney licence. 

ABC's Peter Ryan says Crown has welcomed the Royal Commission and that it will demonstrate the reforms it already has underway.

Here's my report from this morning's edition of AM.


Monday, February 22, 2021

Royal Commission into Crown to probe Melbourne licence and public interest of casino business

Embattled casino giant Crown Resorts is facing a Royal Commission into its licence to operate in Victoria. 

The inquiry will also look at Crown's close associates and public interest issues in Crown's casino. 

ABC's Peter Ryan says Crown has welcomed the Royal Commission and that it will demonstrate the reforms it already has underway.





Monday Finance with Peter Ryan. Trust spikes in COVID crisis - but can it last when stimulus ends?

A barometer from the global communications group Edelman says trust across Australian government and business has surged during COVID crisis. 

But will that trust ebb when JobKeeper and bank loan repayment deferrals end in late March? 

Also, I assess the crisis engulfing Crown Resorts as the casino giant battles to win back the trust of regulators. 

Here's my report from this morning where I speak with Susan Redden Makatoa about Edelman's global trust barometer.