The Mormon Church’s secret $100bn investment fund

We have reached our final episode of 2023. And what a year it was: inflation and interest rates, miracle drugs to record breaking sports contracts, AI to CZ, there was so much that happened.Today, we’re recapping the year that was. To do it, we’re bringing in the whole team at Equity Mates to share what they think are were the biggest business stories of the year.Want more Equity Mates? Click here. Buy a copy of Don’t Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

We’re back for another Fast 3. Where a collection of the team from the Equity Mates join me to cover 3 stories in less than 15 minutes. Today, we’re covering a range of topics today from a world-first global treaty on plastic waste to why Elon Musk told Disney CEO Bob Iger to go f- himself. Also, we’re looking at recent housing data that suggests it’s actually cheaper to buy than rent in some parts of Australia. That doesn’t seem right - Alec and Sascha dig into the numbers.Want more Equity Mates? Click here. Buy a copy of Don’t Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Controversy sells. We learned that last week when we saw reports that Kyle and Jackie-O signed a 10 year contract extension with Australian Radio Network worth $200 million.Meaning, if that’s correct, Kyle and Jackie-O will be pocketing $10 million a year each, for 10 years.It’s probably the question you’re mulling over right now, and it was certainly one voiced in our office last week - what’s the numbers behind the contract? If they’re getting paid $200 million, just how much are they bringing in? Today Sascha and Alec talk answer the question - are they worth it?Want more Equity Mates? Click here. Buy a copy of Don’t Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Happy Birthday ChatGPT! Since arriving in our lives this time last year, it’s made news headlines, had teachers, industries and governments worried, and on a more personal level, made many menial tasks - like writing shopping lists or building excel spreadsheets, much easier.It’s Friday the 1st of December and today Sascha is joined by Capital Brief correspondent Dan Van Boom to ask... well … What exactly has the arrival of Chat GPT changed? How has it influenced the world around us?Want more Equity Mates? Click here. Buy a copy of Don’t Stress, Just Invest for your loved ones this Christmas. Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

If we were to say great power competition between China and the United States - what’s the first thing you think of?Whatever it was, I’d hazard a guess it wasn’t Rugby League.But Australia's National Rugby League competition has found itself right between China and the United States contest in the Pacific. And NRL executives are planning to cash in.It’s Wednesday the 29th of November and today Sascha and Ren discuss - how has Rugby League found itself in the middle of the US-China great power contest? And how is that going to change the NRL?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Overseas migration is frequently being called out as one of the primary factors influencing the housing market. As Core Logic writes - in the face of high interest rates, low consumer sentiment and stretched housing affordability, values and rents continue to rise and vacancy rates plummet as net overseas migration has hit record highs. Today, Sascha is joined by Core Logic’s Head of Research Eliza Owen to the podcast to talk about one of their recent articles. The original article, if you’d like to read more, is here. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Australia are cricket world champions. In a brutal six months away from home, Australia’s men’s cricket team has won the World Test Championship, retained the Ashes against England and now won the One Day Cricket World Cup.But as the dust settles on the tournament, cricket powerhouse India wonders how they let it slip away, and Australian hero Travis Head continues partying - there are bigger questions being asked about the future of the game. Like, is the future of 50-over cricket on the line?And if you want to hear our previous episode about IPL Cricket launching in the US, you can listen to that here.Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

ChatGPT has taken the world by storm this year. That is the AI chatbot made by OpenAI. Sam Altman, the CEO and co-founder of OpenAI, has become one of the most recognisable faces in business this year. He’s travelled the world speaking to world leaders about the opportunities and the dangers of AI and the need for strong regulation.There are few people with as much technical knowledge and the philosophical thought when it comes to AI as Sam Altman. Which is why it was such a surprise when he was fired by the OpenAI board. Today Sascha and Alec ask… ummmm what on earth happened! And more importantly, what will happen next? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Cost of living, inflation and interest rates have been the big economic story of the past 18 months. People and businesses are doing it tough.So when Australia’s Big 4 Banks reported their latest results, there was a fair bit of anger:Commonwealth Bank’s profit rose 5% to $10.2 billionNAB’s profit rose 9% to $7.7 billionANZ rose 14% to $7.4 billionWestpac’s rose 26% to $7.2 billionToday Sascha and Alec look into these numbers and understand how bank profits are rising. What's going on?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Zero emissions hydrogen has the potential to supplant oil and gas as the fuel of the future — Australia is in a brilliant position to take advantage of this investing theme.But there are major hurdles to overcome.Today Sascha is joined by Kate Burgess, Climate, energy and resources correspondent at Capital Brief to ask: Does Australia have what it takes to become a hydrogen superpower?Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.