Australias AI crossroads, KPMG caught red handed & SpaceX’s moonshot IPO

Mandy Coolen0:00

[upbeat music] The Australian Financial Review.

James Thomson· Host0:06

[upbeat music] Hello, I'm James Thompson, senior Chanticleer columnist at the AFR. Welcome to our weekly news breakdown of all things business, finance, and markets. With me today, as always, it's my Chanticleer colleague, the auditor who doesn't mind a bit of confidential information, it's Anthony McDonald. How are you, Anthony?

Anthony Macdonald· Host0:30

No NDAs here, James. Never signed one.

James Thomson· Host0:32

Fantastic. [laughs] [laughs] [upbeat music] This week we go deep into the world of AI and discuss whether there's enough trust to make the AI flywheel really spin. We look at how one of our supposedly trusted institutions, accounting firm KPMG, has blown up a lot of trust, and we take a quick question on the budget and its impact on small business.

Anthony Macdonald· Host0:56

But first, James, it's been a busy week for election pollsters, and they're turning around some shock results.

James Thomson· Host1:03

Yeah.

Anthony Macdonald· Host1:03

Of the four polls released since Sunday, Pauline Hanson's One Nation has taken the primary vote lead from Labor in two polls. It's tied with Labor in a third poll, and Labor's just holding onto a primary lead in the fourth. So whether you believe in polls or not- [laughs] ... James, this One Nation train's been running up a head of steam for a while now, and Pauline Hanson's popularity is clearly surging. Do you think it's time investors took One Nation seriously as a potential ruling party, and Hanson seriously