What happens when investors start demanding more transparency from the companies and markets they trust?
In this episode, Joe Hockey joins the conversation about where his family originated from, how he talked his way into a career in politics and reflects on his career in Australian politics, financial markets and economic policy and why he believes transparency and integrity could become increasingly important to the future of stock exchanges.
Hockey shares stories from his early political career, his experience during Australia's recession of the early 1990s, and his time as Minister for Financial Services. He also discusses competition between exchanges, the importance of efficient capital raising, the impact of technology and why he believes investors may increasingly look to exchanges for greater transparency and credibility.
Chapters:
00:00 Introduction
00:42 Family Origins
03:48 Sydney University Politics And The Birth Of The Varsity Party
08:21 Working As A Lawyer Through The 90s Recession
11:29 Beating An "Unbeatable" Independent In North Sydney
12:09 The Campaign Bus Story
14:47 Becoming One Of John Howard's Youngest Ministers
15:36 The HIH Collapse And The Royal Commission
16:49 Pushing The ASX To Buy The Sydney Futures Exchange
18:58 Why Capital Will Drift Back To Trusted Exchanges
Whether you're interested in Australian politics, financial markets, or the personal stories behind the people who've shaped our economy, this one's worth the full watch.
Tune into the next episode for more of Joe Hockey's political career, the stories, the decisions, and what he'd do differently
