Former Nissan CEO Carlos Ghosn warned that if Nissan were to merge with Honda, it would result in cost-cutting “carnage” as there is significant duplication between the two companies. Ghosn believes that Honda would be in the driver’s seat, leading to Nissan bearing the brunt of any synergies through cost reductions and technology duplication. He emphasized that Nissan had better complementarities with Renault, its longstanding partner.
Full Article
Housing focus for Anthony Albanese, but door open to tax changes and bigger reform
Prime Minister Anthony Albanese announced an expedited expansion of a scheme allowing first home buyers to secure properties with just a 5% deposit, aiming to enhance home ownership and rental availability. While facing criticism from Nationals leader David Littleproud for insufficient housing policy changes, Albanese emphasized his government's commitment to tax cuts and potential future tax reforms to improve efficiency and equity. Want More Context? 🔎
Read more