Housing correction adds to slowdown, KPMG’s boardroom bin fire & Stefanovic’s shock split from Nine

James Thomson· Host0:00

[upbeat music] The Australian Financial Review. Hello, I'm James Thompson, senior Chanticleer 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 Chanticleer colleague, he's Channel Nine's biggest star now that Karl Stefanovic is gone. It's Anthony McDonald. How are you, Anthony?

Anthony Macdonald· Host0:29

Has the Today Show called yet, James? You'd be great on breakfast TV.

James Thomson· Host0:32

Oh, thanks, mate.

Anthony Macdonald· Host0:33

[laughs] But no.

James Thomson· Host0:34

[laughs] [upbeat music] This week we wonder what all this bad economic news means for the second half of the year, we ask whether KPMG can stem the bleeding by changing its board, and we take a great question on mining strikes and the national interest.

Anthony Macdonald· Host0:52

But first to the big news in here, James, and while Iran launched a drone attack on a Singaporean flagged ship to put the Strait of Hormuz reopening in jeopardy, there's a bigger story much closer to home. Karl Stefanovic had dropped his own podcast bomb on Nine, our employer, and he's gone from the Today Show after 20 years. So we now have no Karl on morning TV, no Kyle Sandilands on morning radio. What is it with the Karls and Kyles of the world, James? Has societal change caught up with them, or is this a story about old media versus new?

James Thomson· Host1:23

Well, fir- I think the first question, Anthony, is will we ever be able to go by just our first names? [laughs] Do you think people