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Country with the world’s richest nickel reserves high on Musk’s radar

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Indonesia’s President Joko Widodo visited Washington as his U.S. counterpart Joe Biden visits Asia to court the region against growing Chinese influence

But it was the President’s visit to Texas that has the world talking.

Widodo met with Tesla and Space X founder Elon Musk at the private space agency’s headquarters

Musk is hinting at major Tesla and Space X partnerships in Indonesia, which has the world’s richest nickel reserves.

Musk declared he was “very interested” in the future of Indonesia, a country of 270 million people.

The world’s richest man also said Indonesia has “positive energy” and says future collaboration will be on many fronts.

But environmental groups aren’t happy, they say nickel mining has caused environmental and health hazards in Indonesia

Along with Australia, Indonesia has the world’s largest nickel reserves.

Despite concerns, Indonesia is seeking to cash in on the global transition to electric vehicles by luring foreign investment from the likes of Musk.

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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