Money

Musk officially joins Twitter’s board of directors

Published

2 years ago

April 6, 2022

Anthony Lucas

Billionaire Elon Musk has officially joined Twitter’s board of directors.

The news comes a day after it was revealed the Tesla CEO took a 9 per cent stake in the social media platform.

Twitter says that it entered into an agreement with Mr Musk that would give the billionaire a seat on its board, with the term expiring at its 2024 annual shareholders meeting.

Mr Musk, either alone or as a member of a group – will not be allowed to own more than 14.9 per cent of the social media company’s outstanding stock for as long as he’s a board member, and then for an additional 90 days after.

Therefore this appointment effectively ends the possibility of Musk mounting a takeover of Twitter.

Money

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

Published

4 days ago

May 8, 2024

Nathan Langridge

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.

Money

Research key to investment success

Published

6 days ago

May 6, 2024

ticker NEWS

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

Money

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

Published

6 days ago

May 6, 2024

Nathan Langridge

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