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Bezos takes on Musk in new heavy-lift rocket project

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For the next five years expect to see three new heavy-lift rockets at work in space

Thousands of satellites will be put into low earth orbit as part of Amazon’s Project Kuiper.

The rockets will help provide broadband connections using a constellation of over three thousand satellites.

Elon Musk’s Starlink is Amazon’s current rival and they’re said to have more than 2,300 satellites in orbit already.

The rockets will be made by Blue Origin, the company founded by Amazon owner Jeff Bezos

Amazon says Project Kuiper aims to provide high-speed broadband to customers including households, businesses, government agencies and disaster relief operations,.

The group also wants to help organisations “working in places without reliable internet connectivity”.

Like Elon Musk’s Starlink, users will connect to the internet via a terminal that communicates with the satellites.

Amazon says its experience in shipping and making products like Echo and Kindle will be useful in producing and distributing these.

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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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