Former Virgin CEO’s $50m payday; & is a US rate cut locked in?

Former Virgin Australia CEO Jayne Hrdlicka is collecting a $49.9 million pay packet, which includes 10 million shares, as revealed in the company’s annual report. For more on this and the ASX-200’s performance this week, Stephanie Youssef spoke with IG Markets analyst Tony Sycamore. Plus, US inflation has risen 2.9% in August, paving the way for the first US interest rate cut of the year when the Federal Reserve meets next week. For more, Stephanie Youssef spoke with AMP Chief Economist Shane Oliver.