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Slaying inflation and a Sandilands settlement
Description
The RBA’s decision to leave rates on hold might have triggered a collective sigh of relief from Australia’s mortgage holders, but there was a clear warning from RBA governor Michelle Bullock that the board stands ready to hike further if necessary.
And after months of negotiation, ARN Media has reached a settlement with its former radio star Kyle Sandilands.
While Sandilands gets a multimillion-dollar golden parachute. Could the deal mean he’s soon a competitor with the company that helped make him a very wealthy man?
Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.
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