IT incubator AngelCube, Andrew Birt - Jeremy Thorpe from PricewaterhouseCoopers - Talking Business 2012 - Ep24




Talking Business show

Summary: Interview with Andrew Birt from IT incubator AngelCube Interview with economist Jeremy Thorpe from PricewaterhouseCoopers Leon and Garry discuss issues including: The eurozone offering Spain an initial €30 billion to help its distressed banks. This comes as Spain's borrowing costs on its benchmark 10-year bond hits the critical seven per cent level China's trade surplus rising to 42.9 per cent year-on-year in June as demand from emerging markets offset stagnation in the eurozone and Japan The OECD warning that the unemployment rate in advanced world economies will remain high at nearly eight per cent until the end of next year with about 48 million people jobless The United Nations calling for a billionaires’ tax to raise more than $US400 billion a year for poor countries The number of job advertisements on the internet and in newspapers falling for the third month in a row The demand for home loans falling slightly in May, beating analyst expectations, according to the Australian Bureau of Statistics Consumer sentiment rising again in July, its third consecutive monthly rise, according with the Westpac Melbourne Institute index of consumer sentiment showing a 3.7 per cent lift in the index to 99.1, from 95.6 in May but the National Australia Bank (NAB) Monthly Business Survey is showing that the business confidence index had dropped one point to negative three points. The battle between Qantas and Virgin Australia for lucrative corporate passengers driving fares for business-class seats on domestic routes to their lowest levels in real terms in almost 20 years ANZ chief executive Mike Smith in the running to replace disgraced Barclays boss Bob Diamond as the bank embarks on a global search for a chief executive and chairman Australian law firm Slater and Gordon reviewing whether Australian businesses could launch a class action lawsuit against British bank Barclays over the Libor rate-rigging scandal, alleging that domestic businesses were hurt by the inflated Libor rate Gina Rinehart dumping $50 million worth of Fairfax shares as she continues to push for a seat on the company's board Economists warning that Australian consumers can expect to pay more for bread, potato chips, cereals and staple foods as a searing heatwave in the US sends global crop prices soaring The corporate watchdog considering calls to abolish the creep provisions in takeover laws that allow sharemarket raiders to increase their holdings without bidding for all of a company’s shares The directors of Darrell Lea Chocolate Shops placing the company in voluntary administration, leaving up to 700 jobs at risk A global study finding that Australians are among the unhappiest customers in the world The directors of Darrell Lea Chocolate Shops placing the company in voluntary administration, leaving up to 700 jobs at risk. Mothers are driving a revolution in the workplace, according to the latest Household, Income and Labour Dynamics Survey. It found that labour force participation of women with children under the age of 15 surged to 66 per cent in 2009, up from 61 per cent eight years earlier.