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Sean Aylmer

👤 Speaker
5690 total appearances

Appearances Over Time

Podcast Appearances

FEAR & GREED | Business News
Q+A: The ethical investing gap inside Australia’s super funds

I know the report talks about younger Australians being much more willing to switch funds if they discover investments that they disagree with.

FEAR & GREED | Business News
Q+A: The ethical investing gap inside Australia’s super funds

Do you think that in the end the members will force the super funds to behave better when it comes to disclosure?

FEAR & GREED | Business News
Q+A: The ethical investing gap inside Australia’s super funds

Barry, thanks for talking to Fear and Greed.

FEAR & GREED | Business News
Q+A: The ethical investing gap inside Australia’s super funds

That was Barry Coates, CEO of Mindful Investing.

FEAR & GREED | Business News
Q+A: The ethical investing gap inside Australia’s super funds

I'm Sean Aylmer, and this is Fear and Greed Q&A.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Yes, I mean, they've got space for you, luxury brands for you, Bitcoin for you, electric vehicles for me, interest rates for all of us, something for everyone.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

In contrast, Michael, business investment surged at its fastest pace since the mining boom back in 2012 on the back of the build-out of data centres.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Westpac estimates that all the growth in the economy, all the growth, came from investment in data centres.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Outside that, investment and economic activity was pretty weak.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Productivity fell during the quarter.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Bad news there.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Now, Federal Treasurer Jim Chalmers noted that growth was driven by the private sector, not the public sector, highlighting what happened in business investment.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Well, in a sense, it's a statistical measure, and productivity says output per unit of input.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

And strictly speaking, it was the rate of growth of productivity fell.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Okay.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

So I think it was down to point – I don't have it in front of me, but it's down to 0.6% or something or other.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

So we're still becoming more productive.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Right.

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

But –

FEAR & GREED | Business News
Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff

Really, given that we've had a lot of immigration, new people in the economy, stuff like that, our output per unit of input, the growth in that is very, very, very weak.