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Chris Spear

๐Ÿ‘ค Speaker
226 total appearances

Appearances Over Time

Podcast Appearances

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

And, you know, the decision was eventually made to continue with the pact.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

But I guess the question is, is it in Australia's best interest, not in the US or UK's?

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

It will be interesting to see what they find, though.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Yeah, the founders of White Fox, which I think you'd be very familiar with those jumpers that all the kids are wearing.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Sorry.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

The kids are wearing.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

The wealth of Australia's billionaires increased by $25.67 billion over the last year.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Let that sink in.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Which according to Oxfam could have lifted nearly a million Australians out of poverty or covered household electricity bills for every single Australian household for well over one year.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Now the charity says the figures highlight the widening gap between Australia's wealthiest people and ordinary households.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

with the 20 richest Aussies now holding more wealth than the bottom 3 million households.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

This made me think of Elon Musk, who is on the cusp, literally I think by the middle of this month, is going to become the world's first trillionaire when SpaceX is publicly listed.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Now, his net worth is $835 billion.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

So that's one man who holds more wealth

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

money more wealth rather it's different to having actual cash but more wealth than all of australia's billionaires combined so there's a lot of money in the world and and you know it's quite gross to see just how much money is out there when so many people are doing it so tough so

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

The centre ranks the globe's top 500 unis with Harvard, Massachusetts Institute of Technology and Stanford in the US achieving the top three spots, while Cambridge and Oxford in the UK rounded out the top five.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Now, 39 Aussie unis are in the list all up.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

This year, 14 improved their rank, 21 fell, and four changed year on year.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

So this does see a continuation of a trend in recent years, which basically sees our institutions struggling in global rankings.

The Briefing
Australia has 17 new billionaires + How Trump can rig the midterms

Interestingly, though, a lot of it is around research.