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Michael Thompson

πŸ‘€ Speaker
8182 total appearances
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FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

And the Aussie dollar is back down to around 70 US cents after a stronger than expected report on the US jobs market suggested that interest rates in the world's largest economy are probably on hold, may have to rise.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

That encourages investors in the short term, at least, to buy US dollars.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Sean, before we go to the break, a very quick shout out to the Mumbrella Finance Marketing Summit that's happening later in the year.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

The finance sector, I think it is fair to say, is reasonably cluttered and in parts commoditized.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

So how do you cut through all of that?

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Everything, all of that, I know this is a big promise, but everything will be revealed at the Mumbrella Finance Marketing Summit.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

It's just anything like that.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

We don't mind.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

And if you didn't write all those details down, I'll pop them in the show notes as well, including the link and the code that you need to pop in just so it's nice and easy.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

All right, quick break.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Back in a moment with the rest of the day's business news.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Sean, motorists might be facing a sharp jump in petrol prices at the end of the month because the federal government has yet to sign off on an extension to the halving of the fuel excise.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Transport Minister Catherine King said at this point, the 32 cent a litre excise and GST relief will expire on June 30th.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

It's not looking great for an extension.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Just jumping back about 30 seconds to where you suggested that you don't believe...

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

The cuts to the fuel excise should be extended.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

You didn't recently buy an EV, did you, by any chance, Sean?

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

All right.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Move along.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Move along.