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Chanticleer

Elon Musk's SpaceX float is $3 trillion of hype, house prices correction coming & your budget questions answered

5/22/202640 min

This week Chanticleer columnists James Thomson and Anthony Macdonald ask whether Elon Musk can pull off the biggest sharemarket float in the history of the planet with his SpaceX venture, they examine how the budget aftershocks are hitting the housing market, and they answer your questions on the government’s controversial budget tax changes. 

To ask a question, email chanticleer@afr.com.

This podcast is sponsored by ANZ.

See omnystudio.com/listener for privacy information.

Clips

Low-Value Human Capital Gaffe
SpaceX’s $29T Fantasy
Government Wants Wage Slaves
Nvidia Versus BHP Revenues
Bond Yields 101

Transcript preview

First 90 seconds

  1. James Thomson· Host0:00

    [upbeat music] The Australian Financial Review. [upbeat music] Hello, I'm James Thompson, senior Shont clear columnist at the AFR. Welcome to our weekly news breakdown of all things business, finance, and markets. [upbeat music] With me today, as always, it's my Shont clear colleague. He's flying higher than one of Elon Musk's rocket ships. It's Anthony McDonald. How are you, Anthony?

  2. Anthony Macdonald· Host0:29

    Looking forward to doing this podcast from space one day, James.

  3. James Thomson· Host0:32

    [laughs] Fantastic. [upbeat music] Well, this week we ask whether Elon Musk can pull off one of the biggest share market floats in the history of this planet, and any other, with his SpaceX venture. We examine how the budget aftershocks are hitting the housing market, and we jump into our overflowing inbox and tackle your questions on the government's controversial budget tax changes. [upbeat music] But first, Anthony, we've got a surprise this week from the latest data on the jobs market. Now, economists had expected Australia would add about 15,000 jobs in April, but instead we shed 18,500 jobs, sending the unemployment rate a touch higher to about 4.5%. Anthony, is this good news or bad news for the economy? And the other part of it, is it good news or bad news for the RBA's fight against inflation?

  4. Anthony Macdonald· Host1:26

    I think you want me to say it's good news, James, but I just

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