Bonza goes into voluntary administration after fleet is repossessed; jobs on the line from AI; retail figures slump; Commonwealth pushes out rate cut predictions; the government invests in quantum computing; gyms bulk up following the pandemic; mid-market businesses optimistic on the future; and another positive day for the ASX in the Market Wrap.
Host: Deb Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine Radio
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Telstra to cut 2800 jobs from its workforce as part of cost-cutting; RBA Minutes reveal rate hikes were on the cards; consumers likely to save Stage 3 tax cuts rather than spend; Australian Made products make the grade; luxury fruit the next status symbol; and Evan Lucas joins us for the Market...
James Hardie saw sales booming, but that wasn’t enough to save the company from a rough day on the market, losing 14%.
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