RMIT economist Alberto Posso - CEO, Domino’s Pizza, Don Meij - Talking Business 2012 - Ep08

Summary: Interview with RMIT economist Alberto Posso Interview with Don Meij, CEO, Domino’s Pizza Leon and Garry talk about topics including: - The Federal Government pushing its mining tax through the Senate as Parliament resumed in Canberra this week. - Fortecue leading a legal challenge to the mining tax in the High Court. - The Reserve Bank flagging interest rates in Australia could remain on hold for the next few months as the domestic economy deals with the "significant structural adjustments". - Australian international merchandise imports falling sharply in February, according to data from the Australian Bureau of Statistics. - The Westpac-Melbourne Institute saying the economy will continue to grow at a sluggish and below-trend pace. - Government figure showing that job advertisements on the internet fell by 0.1 per cent in February compared with a month earlier. - RBA governor Glenn Stevens saying that boosting productivity growth is the only way for Australians to improve their living standards. - Eight out of 10 corporate bosses saying that boosting productivity is a top business priority but only one in five measuring it. - New research showing that more households will be forced to use credit cards to pay living expenses in the coming months. - The peak body for business launching a campaign urging employers to look outside the box and hire older people, stay-at-home mums, indigenous people, the unemployed and the disabled. - New figures from RP Data showing that the share of homes with mortgages worth more than the property's value increased at the end of last year as the housing market stalled and prices turned lower. - Optus confirming that jobs are likely to be cut as Australia's second largest telecommunications company goes through a restructure. There are reports that 700 jobs will go after Optus's parent company Singtel announced a review of its business early this month. - Vodafone Australia chief executive Nigel Dews resigning from the company after a turbulent 18 months in which profits and customers exited the business. - Australia's corporate watchdog has warned all listed companies to adhere to continuous disclosure laws after securing an enforceable undertaking from Leighton Holdings over its $900 million earnings downgrade last year. Leighton Holdings has paid $300,000 to the Australian Securities and Investments Commission after being served with three infringement notices alleging the company did not comply with continuous disclosure provisions. - David Jones Ltd flagged a 30 to 40 per cent fall in its full year profit after deteriorating market conditions saw the department store owner post a fall in interim profit. - Kathmandu has reported a big fall in first half profit. Net profit for the six months to January 31, 2012, fell 43.1 per cent. - Queensland Greens founder Drew Hutton plans to sue billionaire Clive Palmer, saying the mining magnate has accused him of treason. Clive Palmer has claimed that Greenpeace, the Greens, and activists are part of a CIA conspiracy to undermine Australian mining interests.