AirWatch managing director Australia and New Zealand, Rob Roe - Talking Business 2012 - Ep04




Talking Business show

Summary: Interview with Rob Roe, AirWatch managing director Australia and New Zealand. Interview with economist Nicholas Gruen from Lateral Economics Leon and Garry talk about topics including: . The world heaving a sigh of relief that Eurozone ministers have sealed a 130-billion-euro ($172 billion) bailout for Greece to avert a massive default but it’s not over yet. . Treasury boss Martin Parkinson giving an upbeat appraisal of the Australian economy, saying the outlook is "incredibly promising". . Former Prime Minister Kevin Rudd meeting with business leaders, mending ties and promising talks on new policies as part of his push to regain the Labor leadership. . Australian retail spending rising 0.6 per cent, according to the ABS . The number of small business collapses soaring through 2011 and credit agency Dun and Bradstreet saying this year could be another tough one as poor sentiment outside of the mining sector and tightened credit conditions take their toll. . ABS data showing that the Australian wage price index rose 3.7 per cent, in trend terms, over the 12 months to December 2011. . Societe Generale casting doubt on claims by the banks that they have higher funding costs and suggesting that they only raised interest rates to bolster their profit margins. . ANZ posting a rise in profit to .41.48 billion but data shows that satisfaction among ANZ's business customers has fallen for the second consecutive month. . Criticism of the banks with ANZ planning to take top staff on a $1.75 million cruise just weeks after axing 1000 workers to save money and the Commonweath Bank holding a pirate party for top staff. . About 300 people losing their jobs after budget carrier Air Australia was placed in administration. . The 600 workers facing the sack at Alcoa's Point Henry plant in Victoria are being offered lucrative pay packets to help set up a new cut-price smelter in Saudi Arabia. . Australia’s biggest tomato grower Queensland-based SP Exports has gone broke and is blaming price manipulation by the two major supermarkets for playing a key role in its demise. . The iconic Holden Commodore will be replaced within five or six years, as parent company General Motors seeks to revamp the Holden brand in an effort to protect its Australian manufacturing base. US retail chain Costco committing a further $140 million to ramp up its burgeoning operations in Australia. . Rio Tinto planning driver less trains . AFL moving to secure domain names . Profit and loss announcements from Sims Metals Management, Santos, Billabong, Pacific Brands, Treasury Estate Wines, Woodside, Bluescope Steel, OneSteel, Paperlinx, Lend Lease, Amcor, Coca-Cola Amatil, Downer EDI, Sonic Healthcare, Flight Centre, iinet, Monadelphous, Fantastic Holdings, Mirvac, Computershare, Bendigo and Adelaide Bank, Speciality Fashion Group, UGL, CSL, Suncorp, Asciano, Seven West Media, Ten Network, and Transfield. . Woolworths Ltd opening two temporary virtual supermarkets in Melbourne and Sydney to explore the possibilities of digital retail and app based shopping.