Christopher Mote
Talking Business: The week in news
In this week’s podcast: Garry and Leon talk about the RBA holding interest rates at 4.5%. Despite that, evidence suggests that inflation is building a head of steam and economists expect interest rates of 5% by the end of the year. Plus, more on housing prices, the mining boom, and Optus’ advantage over Telstra.
What does an older society mean for the economy?
RMIT economist Alberto Posso looks at the rapid increase in over-65-year-olds, which is three times more than the increase in younger people. He says this will put pressure on dependency ratios and economic growth. He says cuts to immigration are bad for the economy because they will put further pressure on dependency ratios.
Hackers, Crackers, Script-Kiddies, Cyber-Spies: Can you spot the bad guy?
For about US$400, almost anyone can buy appropriate scripts and after about four hours of working through the instructions, be fully set up as a cyber criminal. Scary stuff.
