Prices up, jobs down in great Aussie squeeze, ASX’s strange high & coal comeback
About this episode
The episode discusses job cuts, ASX's record high, and the coal industry's resurgence amidst economic challenges in Australia.
This week Chanticleer columnists James Thomson and Anthony Macdonald explain what job cuts and Jetstar cabin baggage fees tell us about the great Australian squeeze, they look at how the ASX hit a record high – and ask why no one seems to be celebrating, and they unpick America’s strange mission to save the land of the rising sun. This podcast is sponsored by Workday To ask a question, email chanticleer@afr.com . Further reading: Why boards are playing it safe and buying high instead of investing Glencore bets that Australia’s woke anti-coal era is over, for now House prices will decide where the ASX goes next This hasn’t happened in markets in 28 years. It could mark a new era See omnystudio.com/listener for privacy information.
People in this episode
Hosts: James Thomson, Anthony Macdonald
Topics covered
- Australian economy
- job cuts
- ASX performance
- coal industry
- market trends
Keywords
- Australian squeeze
- ASX
- job cuts
- coal comeback
- Jetstar fees
Sponsors
Workday
Mentioned in this episode
Organizations: Jetstar, Glencore
Places: Australia, America, land of the rising sun
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