The Fin

Inside Andrew Forrest’s $60 million war on Facebook

Legal affairs reporter Janek Drevikovsky on why Twiggy is taking on Meta, whether he can win and what happens if he does. This podcast is sponsored by Westpac Further reading:Meta admits it wiped key evidence in Forrest stoushThe social media giant has accepted it should be punished for not preserving copies of Facebook scam ads featuring the mining billionaire’s likeness.‘Dad, it’s a fraud’: Call that sparked Forrest’s $60m war on FacebookWhy is Andrew Forrest fighting one of the world’s biggest tech companies in one of California’s most storied courts – and spending his own money to do it?Forrest pressures local ad body to penalise Meta over scam revenueAndrew Forrest has written to IAB Australia asking for the group to consider Meta’s membership, after news the company made more than $20 billion from scams.See omnystudio.com/listener for privacy information.

Australia's AI gamble: Inside Albanese's plan to bring big tech to heel

James Thomson and Ronald Mizen on why CEOs are losing patience with the AI giants, what’s driving the government’s policy shift, and whether Anthony Albanese is overplaying his hand. This podcast is sponsored by Workday Further reading: Could China’s AI bombshell spark a ‘Lehman Bros moment’ for markets?A new model that threatens OpenAI and Anthropic could have huge ramifications for global indices, which have soared on the artificial-intelligence trade.The AI pivot: inside Albanese’s plan to bring big tech to heelRiding high on global momentum from the under-16 social media ban, the prime minister is stepping up for a high-stakes public brawl with AI tech giants.National security concerns drove Labor’s pivot on AIAs the technology increasingly encroaches on defence capabilities, cyber experts and the opposition warn that Australia must redouble its efforts to master it.See omnystudio.com/listener for privacy information.

Trailer: How I Made It returns July 29

How I Made It is back with host Lauren Sams. Don’t miss season six as we uncover how Australia’s top entrepreneurs built their fortunes and what they learnt along the way.See omnystudio.com/listener for privacy information.

KPMG’s masterclass in how not to respond to a crisis

Professional services editor Edmund Tadros on the fallout from the KPMG scandal and what the government might do to bring the big four accounting firms into line. Further reading: KPMG’s ‘10-hour masterclass in how not to respond to a crisis’By repeating PwC’s crisis-management mistakes, KPMG has forced a reluctant federal government to finally pull the trigger on unprecedented structural reforms.No timeline for big four reform despite PwC, KPMG scandalsAssistant Treasurer Daniel Mulino says reform is “real priority for the government”, but concedes there is “no particular timeline” for new rules.Inside Project Magenta: How Allens gave KPMG a pass on leaksThe law firm cleared the company of partner misconduct without interviewing a single outsider and using a literal reading of the allegations.See omnystudio.com/listener for privacy information.

Is it even worth investing in property any more?

Wealth reporter Andrew Hobbs and property reporter Lucy Slade unpack our national obsession, explain why property has been such a powerhouse, and ask a previously unthinkable question: Is investing in property even worth it anymore? This podcast is sponsored by Workday FURTHER READING: Should you buy an investment property after the budget changes? New restrictions on negative gearing and capital gains tax alter the appeal of residential property. Economists say property prices might fall 10pc. So what?With property prices up 400 per cent since 2000, what does a 10 per cent drop actually mean? And what happened the last time governments made major changes to property taxes? Sydney renters drowning amid record rent risesRental prices are at record highs nationallypushing Sydney’s median to $841 a week, due to the vast shortage of homes availableSee omnystudio.com/listener for privacy information.