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Sean Elmer

๐Ÿ‘ค Speaker
117 total appearances

Appearances Over Time

Podcast Appearances

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

While the company had issued statements, Hum had issued statements to the ASX indicating it was considering the offer.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

The takeover watchdog found this was misleading because Abercrombie had already rejected it.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

According to a story in the AFR, Abercrombie as chairman and controlling shareholder had told the board the offer was of no interest to him shortly after receiving it in November.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

It took another month for Hum to inform the ASX of the approach when the board said it was carefully evaluating it in the best interest of investors.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

So that pressure has pushed Andrew Abercrombie out the door.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

It's a bit of a miserable show today, isn't it?

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

We'll get there.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

For three months, multiple weather models have predicted a record-breaking El Nino.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

Now, there's a word.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

I always say El Nino, of course, and Michael picks me up and says, no, no, no, it's El Nino.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

So El Nino we're talking about, that would shift patterns of droughts, floods, heat, humidity and sea ice across the planet.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

El Nino patterns are correlated with food shortages, impact on water supply.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

In fact, some tropical countries are actually correlated with civil unrest because that's how important they are.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

For Australia, models are suggesting the El Nino will result in a greater likelihood of droughts, certainly drier weather, but probably droughts, particularly later this year and into 2027.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

Overall, much drier conditions are forecast today.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

With heat waves across the country, globally, forecasters expect next year to set new temperature records.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

I would always have an alcoholic beer, yet I went to a โ€“ it was a journalist party a couple of weeks ago.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

I wanted to drive, and I took a four-pack of Heap's Normal, which is a zero-alcohol beer, and I actually enjoyed it.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

Yeah.

FEAR & GREED | Business News
CSL $7bn write-down; PM defends CGT changes; Beer is back

Look, maybe this is just wishful thinking, this story, but it's not just Anheuser-Busch.