Garry Barker and Leon Gettler - Talking Business 2010 Ep 07c

A review of the week in business, with expert analysis and commentary

Leon and Garry talk about the Royal Dutch Shell and PetroChina bidding for Arrow Energy to get a slice of the coal seam gas sector in Australia, iiNet possibly bidding for Netscape, growing optimism among Australian executives reaching its highest level in six years, solid employment numbers but home loans plummeting as interst rates and rising costs start to bite. The RBA accuses the major banks of gouging customers, Myer reports increased profit but warns of flat sales looking forward, an effect of the ending of the government’s stimulus package handouts. Business groups worry about Tony Abbotts plans to introduce paid maternity leave for 18 months and major insurers anxious about the payout for Melbourne’s recent furious storm.

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Garry Barker and Leon Gettler
RMIT, Business, Economics, Royal Dutch Shell, PetroChina, Arrow Energy, coal seam gas, iiNet, Netscape, employment figures, RBA, gouging, Myer, Tony Abbott, paid maternity leave, storm, insurance