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Big biz boosts Australia; Netflix avoids local taxes; consumer, building sectors struggle

Big biz boosts Australia; Netflix avoids local taxes; consumer, building sectors struggle

FEAR & GREED | Business News
17 min
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<p><strong>Wednesday 7 May 2025</strong></p> <p><strong>Big company bosses push Australia’s strong position in the global economy, highlighting big opportunities for the country.&nbsp;</strong></p> <p>And more, including:</p> <ul> <li>Netflix’s revenue in Australia surges, but the tax it pays remains miniscule.</li> <li>More bad economic news from the consumer sector.&nbsp;</li> <li>7,000 builders and subcontractors go under in three years.</li> <li>Donald Trump wants to re-open Alcatraz as a prison.</li> </ul> <p><strong>Join our </strong><a href="https://fearandgreed.com.au/newsletter-signup" rel="nofollow"><strong>free daily newsletter here</strong></a><strong>!</strong></p> <p><strong>Donate to Sean and Adam’s </strong><a href="https://www.rideforcountrykids.com.au/fundraisers/feargreed" rel="nofollow"><strong>Ride for Country Kids here</strong></a></p> <p>And don’t miss the latest episode of <a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/" rel="nofollow">How Do They Afford That?</a> - a guide to living a more minimalist lifestyle. Get the episode from<a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"> APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"> SPOTIFY</a>, or anywhere you listen to podcasts.</p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>