Jul 27, 2026 · 1h 29m
Victorian political friction and global tech shifts spark economic warnings
AI Bubble, Waymo Ditches Uber, Jacinta Allan’s Disaster, KPMG Scandal and Jim Chalmers’ Crashes Housing in All the Wrong Places
This episode connects local Australian policy failures with global tech disruptions, showing how political decisions and market shifts impact broader economic stability.
- 1Victorian Premier Jacinta Allan faces mounting pressure as economic challenges and rising unemployment strain the state.
- 2Waymo's strategic split from Uber's network marks a critical test of whether proprietary tech outvalues established distribution.
- 3Government-backed low-deposit home loans are introducing significant systemic risk into a cooling Australian property market.
Don't miss
An analysis of Waymo's high-stakes decision to exit its partnership with Uber to launch a standalone autonomous ride-hailing app.
The brief
Hosts Adam Schwab and Adir Shiffman analyze the deepening economic and political challenges in Victoria, arguing that Premier Jacinta Allan faces severe internal party friction and a deteriorating state budget.
The hosts critique the state's rising unemployment and controversial work-from-home mandates, warning that current policy decisions are alienating the business community and driving economic underperformance.
Beyond local politics, the discussion shifts to global tech, examining whether specialized AI chip startup Etched can challenge Nvidia, and analyzing Waymo's high-stakes decision to split from Uber's network.
The episode concludes with a warning on the Australian housing market, arguing that low-deposit, government-backed home loans are creating dangerous systemic risks in a falling market.
Jacinta Allan
Ed Husic
UnemploymentListen to the full episode and explore every guest, topic, and moment on PodLume.