It's been over 50 years since we put a man on the moon. So it was a surprise to The Dive team when they found out there's a new space battle at play between nations. This time, it's all about who can kick-start mining lucrative celestial elements. As you'd imagine, all this is putting pressure on the delicate balance of inter-galactic relationships between nations. Today, Bryce joins Sascha in the studio and they chat about the new SpaceRace2.0, and what's going on between the superpowers? Tell ...
May 25, 2022•18 min
If you’ve gone food shopping lately, it’s hard to ignore the ever-climbing prices. And if you haven’t seen it on the shelves, you’ve probably heard about it on the news. While there's been escalating prices across the board, there’s actually a number of food stuffs where there’s been more pronounced increases. Wheat is one of them, and it's... kind of everywhere. It's used for cereal, bread, pasta, noodles, biscuits, cakes… but it's also used in animal feed… meaning high wheat prices also leads ...
May 23, 2022•21 min
Have you ever asked for a pay rise and been knocked back? That's what happened to Jamie Dimon, the CEO of Investment Bank JP Morgan, and Pat Gelsinger, the CEO of Intel recently. And they aren't alone, it's part of a larger trend where shareholders are pushing back against managements’ sky-high remuneration. What happened in these cases? Well, the world’s largest investment bank was preparing a 201 million US dollar compensation package for six of their top executives, with $50 million for CEO J...
May 20, 2022•24 min
What was your lockdown like? For many of us it wasn't a great experience, but thankfully (for most) it's in life's rear-view mirror. But for the residents in Shanghai, it’s not. What's more, this is a hard-lockdown that many people never experienced. The government has instructed residents not to leave their house - for anything. Unable to throw out their rubbish, walk their dogs, or even go to buy food. If there's an infection on a nearby floor of their apartment blocks - you might be taken to ...
May 18, 2022•16 min
On the weekend Elon tweeted: Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users. Then he hit pause on his takeover deal with Twitter. Then all hell broke loose. What are bots? On social media, they are automated accounts that can do the same things as real human beings: send out tweets, follow other users, and like and retweet postings by others. These social media bots work through an account like a real huma...
May 16, 2022•22 min
The gig economy! It's not just for musicians anymore... all you need is your smartphone and an app, and within minutes you could be driving people around, delivering food, or walking dogs, in exchange for cash. It's thanks to companies like Uber, Doordash, and Wag that built marketplaces that facilitated work easily. That's the gig economy. This way of working is a two way street - while there’s no commitment from the company, there’s also no commitment from the worker either. But just like dati...
May 13, 2022•17 min
It’s reporting season… again. Christmas may only come once a year but reporting (or earnings season in the US) seems like it never ends. And for anyone who’s thinking... umm what is reporting season? It’s the time when public companies release their most recent quarter's financial information in… a report. Think of it like a school report card for companies. In that, when you do well, the market loves you, and when you’re not doing great… well, it doesn't feel great. But the headlines and report...
May 11, 2022•22 min
It's election season. Australia heads to the polls in a matter of weeks, America is voting on primaries for the midterms, the UK just held local elections and France just voted in Macron for another term. But how much is the price of democracy? In Australia, the Grattan Institute expect that politicians will spend almost 500 million dollars trying to get elected in 2022 - with mining billionaire Clive Palmer 100 million of that total sum. However, this amount pales in comparison to the US. In 20...
May 09, 2022•22 min
Streaming services have spent huge amounts locking celebrities and media personalities into exclusive contracts over the last few years. In this episode, Alec and Sascha look at three big deals with Netflix and Spotify - the Obamas, the Sussexes, and Joe Rogan - and why two of these are now coming to an end. With the recent tech sell-off that's seen both of these companies in the red, we're asking the question... are these big celebrity streaming deals worth the money? Tell us what you think of ...
May 06, 2022•21 min
All around the world, the headlines are the same - the global interest rate is rising. In Australia, the RBA has just made the first interest rate increase in 11 years, raising rates from 0.1% to 0.35%. We're in good company - in the US, interest rates were raised from 0.25% to 0.5%, in the UK and South Africa, there have been two interest rate rises, and South Korea has raised from 1% to 1.5% this year. In today's episode, Darcy and Sascha discuss the impact of these changes, and how they relat...
May 04, 2022•18 min
On the 24 February, Russia invaded Ukraine. In the aftermath, the condemnation from world leaders across the globe was swift and saw the arrival of unprecedented sanctions. Germany was one of the vocal voices speaking out - their Chancellor Olaf Schlolz called Putin’s actions “a blatant breach of international law”. They've also participated in the seizure of Russian citizen's assets - restricting the superyacht 'Dilbar' owned by a Russian billionaire from leaving its anchorage in Hamburg early ...
May 02, 2022•17 min
Who doesn't love TV? In this golden era of the small screen, there's heaps of choice too - Bridgerton, Anatomy of a Scandal, Drive to Survive, Love is Blind, Bodyguard, Tiger King, Queen's Gambit, Game of Thrones... How do you ever run out of things to watch? While Netflix used to think its only competition for her attention was when she went to sleep, all that has changed. As a company they’ve finally acknowledged the huge rise in competition. Because when we wake up, and look to our screens - ...
Apr 29, 2022•18 min
It doesn't seem to matter where you are in the world, your government has debt, and it’s growing as we speak. By the time you read these show notes, the US will have added $1 million to their National Debt. That’s $1 million every 40 seconds. This sentence is probably $100 000 alone. When Sri Lanka recently defaulted on their debt this week, it got us wondering - have the economists telling us not to worry about national debt been having us on? What was different for Sri Lanka? And is there a po...
Apr 27, 2022•19 min
Convenience is king! Right now, you can open your phone, and get everything you want - transport, shopping, food, and content - whenever you want it! And now, we’re seeing this trend move to our grocery shopping. Over the last couple of years there’s been an absolute explosion in the number of instant, on-demand grocery delivery companies. You might have used one here in Australia - UberEats, MilkRun, or Voly - and along with this surge in consumer adoption, there’s been equal interest from inve...
Apr 25, 2022•19 min
Whether you consider Elon an eccentric, and unreliable leader, or an unrelenting champion of free speech, he’s achieved an extraordinary amount. He’s an entrepreneur, investor, and is currently the world’s richest man. He's busy too - he's the founder, and CEO of SpaceX; & Tesla, founder of The Boring Company; and co-founder of Neuralink and OpenAI. So when we read that he’d made an offer to buy Twitter - the social media company where he’s amassed 83 million followers - we had to talk about...
Apr 22, 2022•20 min
Brisbane, Australia’s third largest city, was announced it was selected to host the 2032 Olympics. And when it happens, the eyes of the world will turn to Australia. No small amount of eyeballs either - when Tokyo hosted, the Olympics reached more than 3 billion viewers. Yet, despite all the attention… the Olympics is a terrible business proposition. A study from Oxford found that since 1960, every Olympics has run over budget, by an average of 172%. Today Sascha and Darcy ask - exactly how bad ...
Apr 20, 2022•19 min
We hear a lot about artificial intelligence, but as non-scientists, we're the first to admit we don't really understand how it works. But coming out of COVID, one of the most remarkable things about the past two years was the speed at which we developed drugs and vaccines. Many in the field are saying that the pandemic was the ultimate test of artificial intelligence and machine learning, and the technology passed with flying colours. Today Sascha and Alec look at how artificial intelligence is ...
Mar 30, 2022•18 min
It's Oscars season! Sascha and Darcy explore one of the worst kept secrets in show business - the campaign for an Academy Award. While they are technically not allowed, a lot of the studios launch them, and back their team and artists in a big way - with huge money. The investments are estimated to be up to $15 million for each film nominee. Tell us what you think of The Dive - email us at thedive@equitymates.com In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive ackno...
Mar 28, 2022•17 min
In 2019, global consultancy AT Kearney predicted that the global market for meat substitutes would be worth $450 billion by 2040. And at the same time, a huge influx of deals were made between the market leaders Impossible Foods and Beyond Meat. Chains like Burger King, Starbucks, McDonalds, PepsiCo, KFC, Subway, Taco Bell and Pizza Hut. But the past six months we’ve seen a lot of these deals be quietly exited and it got our team thinking… is this the end of plant-based meat? Is it going the way...
Mar 25, 2022•18 min
Today we’re talking about what promises to be one of the most revolutionary technologies of our lifetime... self-driving cars. We’ve all imagined it, and seen it in movies. A car that drives itself. Enter your destination, sit back, relax and enjoy the ride. No more traffic accidents, no more drunk drivers, no more searching for a parking spot… It sounds incredible. Today Alec and Sascha explore how possible that is - and go through some of the recent updates to this new technology. Tell us what...
Mar 15, 2022•18 min
Bryce, Alec, Darcy and Sascha take a moment to explain what this new show is all about. Give us feedback, and tell us what you think of The Dive by sending us an email at thedive@equitymates.com . In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torre...
Mar 13, 2022•3 min
Who says business news needs to be all business? Here at Equity Mates, we think you deserve a show that talks about the stories that matter, brings in the broader perspective, and doesn’t use the dense jargon that leaves you behind. Each episode, your host Sascha Kelly, is joined by her colleagues at Equity Mates - Alec Renehan, Darcy Cordell and Bryce Leske - and they answer a different question, inspired by the news of the day. Listen to The Dive to hear the stories that impact you - wherever ...
Feb 28, 2022•1 min
