Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
Markets react to Joe Biden’s decision to abandon the US election race - PLUS what today’s Chinese interest rate cut says about the world’s second largest economy.
Markets react to Joe Biden’s decision to abandon the US election race - PLUS what today’s Chinese interest rate cut says about the world’s second largest economy.
05:34
22 Jul 24
Have you noticed just how expensive olive oil is? Rhayna Bosch speaks with Michael Southan from the Australian Olive Association to fund out why, plus SBS Finance Editor Ricardo Gonçalves discusses the Trump trade with Stuart Roberts from Stocks Down Under.
Have you noticed just how expensive olive oil is? Rhayna Bosch speaks with Michael Southan from the Australian Olive Association to fund out why, plus SBS Finance Editor Ricardo Gonçalves discusses the Trump trade with Stuart Roberts from Stocks Down Under.
08:39
16 Jul 24
The ASX200 breaks 8000 points for the first time ever. SBS Finance Editor Ricardo Gonçalves speaks with Anthony Doyle from Firetrail Investments and Piers Bolger from Infinity Asset Management LLP for more, plus Economist Janu Chan goes through the day's China GDP numbers as the nation's leaders prepare to meet to discuss its future.
The ASX200 breaks 8000 points for the first time ever. SBS Finance Editor Ricardo Gonçalves speaks with Anthony Doyle from Firetrail Investments and Piers Bolger from Infinity Asset Management LLP for more, plus Economist Janu Chan goes through the day's China GDP numbers as the nation's leaders prepare to meet to discuss its future.
15:41
15 Jul 24
Around $83 trillion dollars of wealth is expected to be transferred within the next 25 years globally UBS' Stephen Cabot tells Hannah Kwon it'll likely go to spouses first before children. And Stephen Halmarick from the Commonwealth Bank speaks with SBS Finance Editor Ricardo Gonçalves about how the cost of living crisis is hitting renters harder than home owners, plus the latest on the ASX which is approaching a fresh high with Josh Gilbert from eToro.
Around $83 trillion dollars of wealth is expected to be transferred within the next 25 years globally UBS' Stephen Cabot tells Hannah Kwon it'll likely go to spouses first before children. And Stephen Halmarick from the Commonwealth Bank speaks with SBS Finance Editor Ricardo Gonçalves about how the cost of living crisis is hitting renters harder than home owners, plus the latest on the ASX which is approaching a fresh high with Josh Gilbert from eToro.
16:48
11 Jul 24
Calls and online chats to the National Debt Helpline have reached post-pandemic highs so SBS Finance Editor Ricardo Gonçalves speaks with the co-CEO of Financial Counselling Australia, Peter Gartlan to find out more about the free service, plus the day on the sharemarket with Kyle Rodda from Capital.com.
Calls and online chats to the National Debt Helpline have reached post-pandemic highs so SBS Finance Editor Ricardo Gonçalves speaks with the co-CEO of Financial Counselling Australia, Peter Gartlan to find out more about the free service, plus the day on the sharemarket with Kyle Rodda from Capital.com.
10:26
8 Jul 24
Former ASIC Chair James Shipton agrees with the recommendations made in a 20 month Senate Economics Committee so Rhayna Bosch speaks with him to find out why. Also, SBS Finance Editor Ricardo Gonçalves talks with President of People with Disability Australia Marayke Jonkers about the increasing visibility in the workplace and the day on the sharemarket with market analyst Evan Lucas
Former ASIC Chair James Shipton agrees with the recommendations made in a 20 month Senate Economics Committee so Rhayna Bosch speaks with him to find out why. Also, SBS Finance Editor Ricardo Gonçalves talks with President of People with Disability Australia Marayke Jonkers about the increasing visibility in the workplace and the day on the sharemarket with market analyst Evan Lucas
19:41
4 Jul 24
If you thought you saw some very heavy discounting this half- year sales season, you're not wrong, with retailers working hard to get shoppers to open their wallets. SBS Finance Editor Ricardo Gonçalves discusses today's stronger than expected retail trade numbers with Belinda Allen from CBA and Lochlan Halloway from Morningstar to find out what it says about the sector and if the RBA will be worried about the implication for inflation, plus the day on the market with Mark Gardner from MPC Markets.
If you thought you saw some very heavy discounting this half- year sales season, you're not wrong, with retailers working hard to get shoppers to open their wallets. SBS Finance Editor Ricardo Gonçalves discusses today's stronger than expected retail trade numbers with Belinda Allen from CBA and Lochlan Halloway from Morningstar to find out what it says about the sector and if the RBA will be worried about the implication for inflation, plus the day on the market with Mark Gardner from MPC Markets.
13:03
3 Jul 24
The RBA confirmed it considered an interest rate rise at its latest board meeting but chose the case for rates to stay on hold. SBS Finance Editor Ricarado Gonçalves looks through the RBA's board meeting minutes released today with Deep Data Analytics CEO Mathan Somasundaram to find out more an discuss the day's sharemarket moves.
The RBA confirmed it considered an interest rate rise at its latest board meeting but chose the case for rates to stay on hold. SBS Finance Editor Ricarado Gonçalves looks through the RBA's board meeting minutes released today with Deep Data Analytics CEO Mathan Somasundaram to find out more an discuss the day's sharemarket moves.
08:51
2 Jul 24
Perth was the best performing capital city property market with home values rising almost 24% last financial year. SBS Finance Editor Ricardo Gonçalves takes a closer look at the state of the market with CoreLogic's Tim Lawless and discusses sharemarket themes for the new financial year with Elio D'Amato from Stockopedia.
Perth was the best performing capital city property market with home values rising almost 24% last financial year. SBS Finance Editor Ricardo Gonçalves takes a closer look at the state of the market with CoreLogic's Tim Lawless and discusses sharemarket themes for the new financial year with Elio D'Amato from Stockopedia.
12:18
1 Jul 24
The ABS CPI Indicator rose by a stronger than expected 4 per cent in the year to May dramatically lifting the chance of an RBA rate rise in August. SBS Finance Editor Ricardo Gonçalves speaks with Phil O'Donaghoe from Deutsche Bank who is now calling for an August rate rise, while James Gerrish from Shaw and Partners goes through the market reaction while Rhayna Bosch discusses the numbers with Jo Masters from Barrenjoey.
The ABS CPI Indicator rose by a stronger than expected 4 per cent in the year to May dramatically lifting the chance of an RBA rate rise in August. SBS Finance Editor Ricardo Gonçalves speaks with Phil O'Donaghoe from Deutsche Bank who is now calling for an August rate rise, while James Gerrish from Shaw and Partners goes through the market reaction while Rhayna Bosch discusses the numbers with Jo Masters from Barrenjoey.
12:09
26 Jun 24
Qantas has dropped out of the annual Skytrax Top 20 airlines list so SBS Finance Editor Ricardo Goncalves speaks with Quentin Long from Australian Traveller Media to find out what travellers are demanding from airlines, plus Jamie Hannah from VanEck goes through the days sharemarket action.
Qantas has dropped out of the annual Skytrax Top 20 airlines list so SBS Finance Editor Ricardo Goncalves speaks with Quentin Long from Australian Traveller Media to find out what travellers are demanding from airlines, plus Jamie Hannah from VanEck goes through the days sharemarket action.
15:04
25 Jun 24
SBS Finance Editor Ricardo Gonçalves speaks with Assistant Commissioner Robert Thomson to find out more about what every Australian tax payer needs to know when doing their tax returns right this year, covering everything from superannuation, to cryptocurrencies and the biggest tax myths. Plus, the day on the sharemarket with Zoran Kresovic from Eightcap.
SBS Finance Editor Ricardo Gonçalves speaks with Assistant Commissioner Robert Thomson to find out more about what every Australian tax payer needs to know when doing their tax returns right this year, covering everything from superannuation, to cryptocurrencies and the biggest tax myths. Plus, the day on the sharemarket with Zoran Kresovic from Eightcap.
15:48
24 Jun 24
Australia's unemployment rate fell from 4.1% in April to 4% in May, but there are evident signs of a softening in conditions. SBS Finance Editor Ricardo Gonçalves discusses them with Westpac Senior Economist Pat Bustamante, along with the market reaction and latest on the Chemist Warehouse sharemarket listing with Henry Jennings from Marcus Today.
Australia's unemployment rate fell from 4.1% in April to 4% in May, but there are evident signs of a softening in conditions. SBS Finance Editor Ricardo Gonçalves discusses them with Westpac Senior Economist Pat Bustamante, along with the market reaction and latest on the Chemist Warehouse sharemarket listing with Henry Jennings from Marcus Today.
13:02
13 Jun 24
The Governance Institute of Australia says the average fixed remuneration of ASX 200 CEOs and Managing Directors have risen way above that of inflation. Naveen Razik speaks with Megan Motto to find out why, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action including the continued frenzy in the AI space with Jun Bei Liu from Tribeca Investment Partners.
The Governance Institute of Australia says the average fixed remuneration of ASX 200 CEOs and Managing Directors have risen way above that of inflation. Naveen Razik speaks with Megan Motto to find out why, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action including the continued frenzy in the AI space with Jun Bei Liu from Tribeca Investment Partners.
12:16
12 Jun 24
The European Central Bank has followed the Bank of Canada in cutting interest rates, so who is next, and what does it mean for investments? SBS Finance Editor Ricardo Gonçalves speaks with Zoran Kresovic from Eightcap to find out.
The European Central Bank has followed the Bank of Canada in cutting interest rates, so who is next, and what does it mean for investments? SBS Finance Editor Ricardo Gonçalves speaks with Zoran Kresovic from Eightcap to find out.
09:41
7 Jun 24
The Bank of Canada overnight became the first major global central bank to cut official interest rates this cycle. SBS Finance Editor Ricard Gonçalves speaks with Luke Laretive from Seneca Financial Solutions to find out who will be next and to go through the day's market action.
The Bank of Canada overnight became the first major global central bank to cut official interest rates this cycle. SBS Finance Editor Ricard Gonçalves speaks with Luke Laretive from Seneca Financial Solutions to find out who will be next and to go through the day's market action.
06:44
6 Jun 24
Australia's economy crawled just 0.1% higher in the March quarter, but on a per capital basis, it continued to contract. SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver and Julia Lee from State Street Global Advisors to find out what it means for the economy, interest rates and the sharemarket.
Australia's economy crawled just 0.1% higher in the March quarter, but on a per capital basis, it continued to contract. SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver and Julia Lee from State Street Global Advisors to find out what it means for the economy, interest rates and the sharemarket.
11:51
5 Jun 24
The minumum wage will rise 3.75% from July 1 so what will it mean for inflation? SBS Finance Editor Ricardo Gonçalves speaks with Elise McKay from Pendal Group about that, along with all the days market news including US data pointing to easing consumer prices, plus the direction of the housing market with Tim Lawless from CoreLogic Australia.
The minumum wage will rise 3.75% from July 1 so what will it mean for inflation? SBS Finance Editor Ricardo Gonçalves speaks with Elise McKay from Pendal Group about that, along with all the days market news including US data pointing to easing consumer prices, plus the direction of the housing market with Tim Lawless from CoreLogic Australia.
12:10
3 Jun 24
The Australian Financial Review's Rich List shows that 45 people over the age of 80 controls around $136 billion, and combined, they have 150 children. SBS Finance Editor Ricardo Gonçalves speaks with Rich List co-editor Yolanda Redrup to find out more about the challenges around the intergenerational transfer of wealth, plus Grady Wulff from Bell Direct looks at the day's market action, including implications of Donald Trump's guilty charge and Guzman y Gomez's IPO.
The Australian Financial Review's Rich List shows that 45 people over the age of 80 controls around $136 billion, and combined, they have 150 children. SBS Finance Editor Ricardo Gonçalves speaks with Rich List co-editor Yolanda Redrup to find out more about the challenges around the intergenerational transfer of wealth, plus Grady Wulff from Bell Direct looks at the day's market action, including implications of Donald Trump's guilty charge and Guzman y Gomez's IPO.
16:07
31 May 24
BHP has walked away from what would have been the biggest mining deal in a century. SBS Finance Editor Ricardo Gonçalves takes a look at that along with all the day's market action with Elizabeth Tian from Citi.
BHP has walked away from what would have been the biggest mining deal in a century. SBS Finance Editor Ricardo Gonçalves takes a look at that along with all the day's market action with Elizabeth Tian from Citi.
06:09
30 May 24
The monthly inflation indicator rose from an annual rate of 3.5% to 3.6% in April pushing back the chances of any interest rate cuts. Rhayna Bosch speaks with BDO Economist Tania Dey while SBS Finance Editor Ricardo Gonçalves talks with Niv Dagan from Peak Asset Management to find out what it means for the economy and sharemarket.
The monthly inflation indicator rose from an annual rate of 3.5% to 3.6% in April pushing back the chances of any interest rate cuts. Rhayna Bosch speaks with BDO Economist Tania Dey while SBS Finance Editor Ricardo Gonçalves talks with Niv Dagan from Peak Asset Management to find out what it means for the economy and sharemarket.
09:35
29 May 24
Retail sales only rose 1.3% over the year to April which is below inflation and population growth, just as shop owners prepare for the end of financial year sales season. SBS Finance Editor Ricardo Gonçalves speaks with Alex Joiner from IFM Investors and Robert Talevski from Activam to find out more, including what it means for shoppers, the implication for interest rates and the sharemarket.
Retail sales only rose 1.3% over the year to April which is below inflation and population growth, just as shop owners prepare for the end of financial year sales season. SBS Finance Editor Ricardo Gonçalves speaks with Alex Joiner from IFM Investors and Robert Talevski from Activam to find out more, including what it means for shoppers, the implication for interest rates and the sharemarket.
09:44
28 May 24
The Australian sharemarket has started the week strongly despite a public holiday in the US later tonight. SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans for his take on the day's trading action, including the positive Chinese economic data being released since the Chinese New Year despite negative sentiment.
The Australian sharemarket has started the week strongly despite a public holiday in the US later tonight. SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans for his take on the day's trading action, including the positive Chinese economic data being released since the Chinese New Year despite negative sentiment.
08:09
27 May 24
Rhayna Bosch speaks with Mahjabeen Zaman from ANZ about the global factors driving the Australian sharemarket lower this week - and our own home-grown inflation forecasts ahead of next week’s local CPI data release.
Rhayna Bosch speaks with Mahjabeen Zaman from ANZ about the global factors driving the Australian sharemarket lower this week - and our own home-grown inflation forecasts ahead of next week’s local CPI data release.
05:26
24 May 24
Rhayna Bosch speaks with Gemma Dale from NABTRADE on the latest market movements following the release of the Federal Reserve’s May meeting minutes. And AI chip maker Nvidia takes centre stage as it reveals its quarterly profit results.
Rhayna Bosch speaks with Gemma Dale from NABTRADE on the latest market movements following the release of the Federal Reserve’s May meeting minutes. And AI chip maker Nvidia takes centre stage as it reveals its quarterly profit results.
06:01
23 May 24
The Reserve Bank of New Zealand left official interest rates on hold in the country but warned a rise was a real consideration. Hear from Governor Adrian Orr, while SBS Finance Editor Ricardo Gonçalves discusses the global implications and what it means for sharemarkets with Francesco De Stradis from Ord Minnett.
The Reserve Bank of New Zealand left official interest rates on hold in the country but warned a rise was a real consideration. Hear from Governor Adrian Orr, while SBS Finance Editor Ricardo Gonçalves discusses the global implications and what it means for sharemarkets with Francesco De Stradis from Ord Minnett.
10:30
22 May 24
Telstra is slashing 2,800 jobs by the end of the year as part of a restructure as it reaffirms its FY24 guidance. SBS Finance Editor Ricardo Gonçalves takes a closer look at what this means for the company and the economy with Morningstar's Brian Han and Westpac's Matthew Hassan, plus the day on the markets with Joe Youssef from Areus Asset Management.
Telstra is slashing 2,800 jobs by the end of the year as part of a restructure as it reaffirms its FY24 guidance. SBS Finance Editor Ricardo Gonçalves takes a closer look at what this means for the company and the economy with Morningstar's Brian Han and Westpac's Matthew Hassan, plus the day on the markets with Joe Youssef from Areus Asset Management.
18:48
21 May 24
A booming materials sector sent Australian shares to just 33 points away from a record high. SBS Finance Editor Ricardo Gonçalves takes a look at the day's market action with David Berthon-Jones from Aequitas Investment Partners.
A booming materials sector sent Australian shares to just 33 points away from a record high. SBS Finance Editor Ricardo Gonçalves takes a look at the day's market action with David Berthon-Jones from Aequitas Investment Partners.
07:47
20 May 24
New home sales surged 22 per cent in April but that's as buyers look to beat increased government regulations. SBS Finance Editor Ricardo Gonçalves takes a look at housing policy from both sides of government with Tom Devitt from the HIA, plus the day's market action with Marcus Bogdan from Blackmore Capital
New home sales surged 22 per cent in April but that's as buyers look to beat increased government regulations. SBS Finance Editor Ricardo Gonçalves takes a look at housing policy from both sides of government with Tom Devitt from the HIA, plus the day's market action with Marcus Bogdan from Blackmore Capital
12:05
17 May 24
New home sales surged 22 per cent in April but that's as buyers look to beat increased government regulations. SBS Finance Editor Ricardo Gonçalves takes a look at housing policy from both sides of government with Tom Devitt from the HIA, plus the day's market action with Marcus Bogdan from Blackmore Capital.
New home sales surged 22 per cent in April but that's as buyers look to beat increased government regulations. SBS Finance Editor Ricardo Gonçalves takes a look at housing policy from both sides of government with Tom Devitt from the HIA, plus the day's market action with Marcus Bogdan from Blackmore Capital.
12:05
17 May 24
The chances of interest rates cuts in both the US and Australia rose markedly today as Australia's unemployment rate rose and US inflation eased. SBS Finance Editor Ricardo Goncalves speaks with Diana Mousina from AMP and Chris Weston from Pepperstone for more.
The chances of interest rates cuts in both the US and Australia rose markedly today as Australia's unemployment rate rose and US inflation eased. SBS Finance Editor Ricardo Goncalves speaks with Diana Mousina from AMP and Chris Weston from Pepperstone for more.
14:03
16 May 24
Is the government's projected $9.3 billion budget surplus inflationary? SBS Finance Editor Ricardo Gonçalves speaks with Westpac Chief Economist Luci Ellis, S&P Global Ratings Lead Analyst Martin Foo, Economist Saul Eslake and Hebe Chen from IG Markets to find out more in this special in-depth edition of the podcast.
Is the government's projected $9.3 billion budget surplus inflationary? SBS Finance Editor Ricardo Gonçalves speaks with Westpac Chief Economist Luci Ellis, S&P Global Ratings Lead Analyst Martin Foo, Economist Saul Eslake and Hebe Chen from IG Markets to find out more in this special in-depth edition of the podcast.
23:15
15 May 24
There are signs of a softening in employment conditions ahead of the federal budget, which the government says, may see inflation fall to the RBA's target earlier than what the central bank expects. Rhayna Bosch speaks with NAB Chief Economist Alan Oster, while SBS Finance Editor Ricardo Gonçalves speaks with David Scutt from City Index for more.
There are signs of a softening in employment conditions ahead of the federal budget, which the government says, may see inflation fall to the RBA's target earlier than what the central bank expects. Rhayna Bosch speaks with NAB Chief Economist Alan Oster, while SBS Finance Editor Ricardo Gonçalves speaks with David Scutt from City Index for more.
08:54
13 May 24
Household financial stress has reached an 8 year high, as wellbeing levels in Australia remain depressed. SBS Finance Editor Ricardo Gonçalves speaks with NAB's Dean Pearson to find out more. Plus the day on the markets with Omkar Joshi from Opal Capital Management.
Household financial stress has reached an 8 year high, as wellbeing levels in Australia remain depressed. SBS Finance Editor Ricardo Gonçalves speaks with NAB's Dean Pearson to find out more. Plus the day on the markets with Omkar Joshi from Opal Capital Management.
09:23
10 May 24
84% of Australian workers already use artificial intelligence in the workplace whether they know it or not, but an increasing number of employers are wanting to hire people that are skilled in the technology. Tanya Dendrinos speaks with LinkedIn Australia New Zealand MD Matt Tindale for more, plus Ricardo Gonçalves discusses the day's sharemarket moves with Stuart Roberts from Stocks Down Under
84% of Australian workers already use artificial intelligence in the workplace whether they know it or not, but an increasing number of employers are wanting to hire people that are skilled in the technology. Tanya Dendrinos speaks with LinkedIn Australia New Zealand MD Matt Tindale for more, plus Ricardo Gonçalves discusses the day's sharemarket moves with Stuart Roberts from Stocks Down Under
08:43
9 May 24
Earlier this week the US Federal Reserve left interest rates on hold there but suggested the next move will be down, however investors in Australia are increasingly pricing in the chance of a rate rise. SBS Finance Editor Ricardo Gonçalves takes a closer look at the future of monetary policy with Drummond Capital Partners' Nick Schoenmaker.
Earlier this week the US Federal Reserve left interest rates on hold there but suggested the next move will be down, however investors in Australia are increasingly pricing in the chance of a rate rise. SBS Finance Editor Ricardo Gonçalves takes a closer look at the future of monetary policy with Drummond Capital Partners' Nick Schoenmaker.
10:24
3 May 24
The personal information of around one million registered clubs users may have been compromised. Catalina Florez speaks with online security expert Troy Hunt for more, plus Rhayna Bosch discusses the day's market action with Ben Clark from TMS Capital.
The personal information of around one million registered clubs users may have been compromised. Catalina Florez speaks with online security expert Troy Hunt for more, plus Rhayna Bosch discusses the day's market action with Ben Clark from TMS Capital.
08:08
2 May 24
Qantas suffered an app glitch which revealed the flight details of various customers to others, so Rhayna Bosch speaks to technology expert Trevor Long to find out if it is anything to be worried about, plus the day on the sharemarket with Kai Chen from MPC Markets.
Qantas suffered an app glitch which revealed the flight details of various customers to others, so Rhayna Bosch speaks to technology expert Trevor Long to find out if it is anything to be worried about, plus the day on the sharemarket with Kai Chen from MPC Markets.
08:27
1 May 24
Discount carrier Bonza has cancelled services as it discusses its future. Hear from Aviation Analyst Geoff Thomas for his take on Australia's aviation sector, plus Elis McKay from Pendal Group discusses the day's market action, including the latest slump in retail sales.
Discount carrier Bonza has cancelled services as it discusses its future. Hear from Aviation Analyst Geoff Thomas for his take on Australia's aviation sector, plus Elis McKay from Pendal Group discusses the day's market action, including the latest slump in retail sales.
12:39
30 Apr 24
SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com for his take on the day on the markets, including BHP's rejected bid for Anglo American and the sharp decline in Japan's Yen. Plus, Stephanie Tonkin from the Consumer Action Law Centre.
SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com for his take on the day on the markets, including BHP's rejected bid for Anglo American and the sharp decline in Japan's Yen. Plus, Stephanie Tonkin from the Consumer Action Law Centre.
11:30
29 Apr 24
Inflation in Australia has eased to an annual rate of 3.6% but it is more than expected. SBS Finance Editor Ricardo Gonçalves speaks with Devika Shivakedar from RSM Australia to find out what it means for interest rates, plus Mark Gardner from MPC Markets on the sharemarket reaction.
Inflation in Australia has eased to an annual rate of 3.6% but it is more than expected. SBS Finance Editor Ricardo Gonçalves speaks with Devika Shivakedar from RSM Australia to find out what it means for interest rates, plus Mark Gardner from MPC Markets on the sharemarket reaction.
09:40
24 Apr 24
Businesses say a signficant concern is the housing crisis which is expected to get worse before it gets better. SBS Finance Editor Ricardo Gonçalves speaks with Stephen Smith from Deloitte Access Economics to find out more, plus the day on the sharemarket with Mathan Somasundaram from Deep Data Analystics.
Businesses say a signficant concern is the housing crisis which is expected to get worse before it gets better. SBS Finance Editor Ricardo Gonçalves speaks with Stephen Smith from Deloitte Access Economics to find out more, plus the day on the sharemarket with Mathan Somasundaram from Deep Data Analystics.
12:56
23 Apr 24
South Australia is the nation's leading economy according to CommSec's quarterly State of the States report. John Baldock speaks with Craig James to find out more. Plus SBS Finance Editor Ricardo Gonçalves finds out why the market is breathing a sigh of relief with Elio D'Amato from Stockopedia.
South Australia is the nation's leading economy according to CommSec's quarterly State of the States report. John Baldock speaks with Craig James to find out more. Plus SBS Finance Editor Ricardo Gonçalves finds out why the market is breathing a sigh of relief with Elio D'Amato from Stockopedia.
11:45
22 Apr 24
SBS On the ASIC says 10,000 businesses will have called in the administrators this financial year, marking the most in more than 10 years. SBS Finance Editor Ricardo Gonçalves speaks with Patrick Coghlan from CreditorWatch to find out what it says about the economy, plus Jessica Amir from Moomoo goes through the day's sharemarket action as investors react to an escalation in tensions in the Middle East.
SBS On the ASIC says 10,000 businesses will have called in the administrators this financial year, marking the most in more than 10 years. SBS Finance Editor Ricardo Gonçalves speaks with Patrick Coghlan from CreditorWatch to find out what it says about the economy, plus Jessica Amir from Moomoo goes through the day's sharemarket action as investors react to an escalation in tensions in the Middle East.
11:55
19 Apr 24
Australia's jobless rate rose to 3.8% in March as employment fell by 6,600. SBS Finance Editor Ricardo Gonçalves speaks with Blair Chapman from ANZ to find out what it means for the economy, plus the day on the markets with Ben Richards from Seneca Financial Solutions.
Australia's jobless rate rose to 3.8% in March as employment fell by 6,600. SBS Finance Editor Ricardo Gonçalves speaks with Blair Chapman from ANZ to find out what it means for the economy, plus the day on the markets with Ben Richards from Seneca Financial Solutions.
08:42
18 Apr 24
US Federal Reserve Chair Jermoe Powell sees US interest rates staying high for longer given the nation's resilient economy. SBS Finance Editor Ricardo Gonçalves speaks with Julia Lee from State Street SPDR ETFs State Street Global Advisors for more, including the day's market reaction.
US Federal Reserve Chair Jermoe Powell sees US interest rates staying high for longer given the nation's resilient economy. SBS Finance Editor Ricardo Gonçalves speaks with Julia Lee from State Street SPDR ETFs State Street Global Advisors for more, including the day's market reaction.
05:26
17 Apr 24
Stronger than expected US retail sales data reflected the resilience of the US economy, prompting fears the nation may delay expected cuts to interest rates there. SBS Finance Editor Ricardo Gonçalves speaks with Jamie Hannah from VanEck for more including the added concerns about the growing geopolitical risks.
Stronger than expected US retail sales data reflected the resilience of the US economy, prompting fears the nation may delay expected cuts to interest rates there. SBS Finance Editor Ricardo Gonçalves speaks with Jamie Hannah from VanEck for more including the added concerns about the growing geopolitical risks.
09:37
16 Apr 24
The ECB held official interest rates but said it is not tied to the US Federal Reserve saying cuts are on the cards. SBS Finance Editor Ricardo Gonçalves speaks with Dianne Colledge from Morgans for more as she also explains the relationship between uranium and AI.
The ECB held official interest rates but said it is not tied to the US Federal Reserve saying cuts are on the cards. SBS Finance Editor Ricardo Gonçalves speaks with Dianne Colledge from Morgans for more as she also explains the relationship between uranium and AI.
07:04
12 Apr 24
SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey about the implications of a rise in US inflation to 3.5%
SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey about the implications of a rise in US inflation to 3.5%
08:10
11 Apr 24
The federal government is looking to give the ACCC more power to preside over mergers and acquisitions. Hear from Pradeep Philip from Deloitte Access Economics about what it means, plus SBS Finance Editor Ricardo Gonçalves speaks with Josh Gilbert from eToro for his wrap of the day's action on the sharemarket.
The federal government is looking to give the ACCC more power to preside over mergers and acquisitions. Hear from Pradeep Philip from Deloitte Access Economics about what it means, plus SBS Finance Editor Ricardo Gonçalves speaks with Josh Gilbert from eToro for his wrap of the day's action on the sharemarket.
11:18
10 Apr 24
Outside of the deep recession of the early 1990s, pessimistic consumer sentiment is now running at its second most protracted period since Westpac started measuring it in the mid-1970s. So SBS Finance Editor Ricardo Gonçalves speaks with Westpac Senior Economist Matt Hassan for more, plus the day on the markets with Raaz Bhuyan from Wavestone Capital.
Outside of the deep recession of the early 1990s, pessimistic consumer sentiment is now running at its second most protracted period since Westpac started measuring it in the mid-1970s. So SBS Finance Editor Ricardo Gonçalves speaks with Westpac Senior Economist Matt Hassan for more, plus the day on the markets with Raaz Bhuyan from Wavestone Capital.
11:51
9 Apr 24
Qantas is introducing a new class of points called Classic Plus. Will it improve customer satisfaction? It'll cost the airline $120m and mean greater ease at using points for flights, so SBS Finance Editor Ricardo Gonçalves speaks with analysts Angus Hewitt, CFA from Morningstar Australia and Alex Pikoulas, CFA from Harper Bernays to find out more. Plus Hans Hendrischke from the University of Sydney looks to the improving relations between China and Australia as investment from the nation falls.
Qantas is introducing a new class of points called Classic Plus. Will it improve customer satisfaction? It'll cost the airline $120m and mean greater ease at using points for flights, so SBS Finance Editor Ricardo Gonçalves speaks with analysts Angus Hewitt, CFA from Morningstar Australia and Alex Pikoulas, CFA from Harper Bernays to find out more. Plus Hans Hendrischke from the University of Sydney looks to the improving relations between China and Australia as investment from the nation falls.
20:27
8 Apr 24
SBS Finance Editor Ricardo Gonçalves discusses the outlook for markets and global interest rates with Oreana Financial's Isaac Poole.
SBS Finance Editor Ricardo Gonçalves discusses the outlook for markets and global interest rates with Oreana Financial's Isaac Poole.
07:00
5 Apr 24
The government's target to build 1.2 million homes over the next five years looks increasingly challenging as dwelling approvals hit a stumbling block. Rhayna Bosch speaks with Tom Devitt from the HIA, plus SBS Finance Editor Ricardo Gonçalves discusses the latest household spending data with Moody's Analytics Senior Economist Katrina Ell, and the day on the market with Henry Jennings from Marcus Today.
The government's target to build 1.2 million homes over the next five years looks increasingly challenging as dwelling approvals hit a stumbling block. Rhayna Bosch speaks with Tom Devitt from the HIA, plus SBS Finance Editor Ricardo Gonçalves discusses the latest household spending data with Moody's Analytics Senior Economist Katrina Ell, and the day on the market with Henry Jennings from Marcus Today.
09:21
4 Apr 24
Property listings rose across to nation to more normal levels, but SQM Research's Louis Christopher tells John Baldock, so too did distressed sales, although they're still at below pandemic levels. Plus, SBS Finance Editor Ricardo Gonçalves speaks with Jun Bei Liu from Tribeca Investment Partners about the day's sharemarket action as gold continues to reach new highs.
Property listings rose across to nation to more normal levels, but SQM Research's Louis Christopher tells John Baldock, so too did distressed sales, although they're still at below pandemic levels. Plus, SBS Finance Editor Ricardo Gonçalves speaks with Jun Bei Liu from Tribeca Investment Partners about the day's sharemarket action as gold continues to reach new highs.
09:27
3 Apr 24
SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Senior Economist Belinda Allen for more on interest rates, plus market reaction with Zoran Kresovic from Eightcap.
SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Senior Economist Belinda Allen for more on interest rates, plus market reaction with Zoran Kresovic from Eightcap.
12:48
2 Apr 24
SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver about the economic lasting impacts of COVID four years after the inital lockdowns began, while Citi's Elizabeth Tian takes a look at the day on the market, including another record high.
SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver about the economic lasting impacts of COVID four years after the inital lockdowns began, while Citi's Elizabeth Tian takes a look at the day on the market, including another record high.
11:26
28 Mar 24
Inflation is steady but chocolate prices rise ahead of Easter. SBS Finance Editor Ricardo Gonçalves speaks with Madeline Dunk from ANZ and Grady Wulff from Bell Direct about what today's official inflation report says about the future direction of consumer prices and interest rates, while Rhayna Bosch talks about chocolate with Pia Piggott from Rabobank about the implications of record high cocoa prices.
Inflation is steady but chocolate prices rise ahead of Easter. SBS Finance Editor Ricardo Gonçalves speaks with Madeline Dunk from ANZ and Grady Wulff from Bell Direct about what today's official inflation report says about the future direction of consumer prices and interest rates, while Rhayna Bosch talks about chocolate with Pia Piggott from Rabobank about the implications of record high cocoa prices.
14:54
27 Mar 24
Listen to Australian and world news, and follow trending topics with SBS News Podcasts. The RBA's Financial Stability Review painted a benign picture of the economy, but with ongoing risks. Rhayna Bosch speaks with Shane Oliver from AMP for more, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Mahjabeen Zaman from ANZ.
Listen to Australian and world news, and follow trending topics with SBS News Podcasts. The RBA's Financial Stability Review painted a benign picture of the economy, but with ongoing risks. Rhayna Bosch speaks with Shane Oliver from AMP for more, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Mahjabeen Zaman from ANZ.
11:42
22 Mar 24
SBS Finance Editor Ricardo Gonçalves speaks with Bendigo and Adelaide Bank Chief Economist David Robertson who is expecting interest rates won't fall until 2025 as Australian unemployment rate falls unexpectedly to 3.7% in February. Plus, Gemma Dale from nabtrade looks through the day's market action including the potential three interest rate cuts to come from the US Federal Reserve.
SBS Finance Editor Ricardo Gonçalves speaks with Bendigo and Adelaide Bank Chief Economist David Robertson who is expecting interest rates won't fall until 2025 as Australian unemployment rate falls unexpectedly to 3.7% in February. Plus, Gemma Dale from nabtrade looks through the day's market action including the potential three interest rate cuts to come from the US Federal Reserve.
13:28
21 Mar 24
The Australian dollar continues to trade at a near 10 year high against the Japanese Yen a day after the Bank of Japan ended its negative interest rates policy by lifting rates for the first time in 17 years. SBS Finance Editor Ricardo Gonçalves takes a closer look with Chris Weston from Pepperstone and Francesco De Stradis from Ord Minnett.
The Australian dollar continues to trade at a near 10 year high against the Japanese Yen a day after the Bank of Japan ended its negative interest rates policy by lifting rates for the first time in 17 years. SBS Finance Editor Ricardo Gonçalves takes a closer look with Chris Weston from Pepperstone and Francesco De Stradis from Ord Minnett.
09:33
20 Mar 24
Australia Post has been given the green light to lift postage stamps for regular letters from $1.20 to $1.50 as fewer people use the service. Rhayna Bosch speaks with Gary Starr from Australia Post to find out more, including why baby boomers are the fastest growing category to spend money in online shopping, plus SBS Finance Editor Ricardo Gonçalves speaks with David Berthon-Jones from Aequitas Investment Partners on the day on the markets including the big week for global central banks.
Australia Post has been given the green light to lift postage stamps for regular letters from $1.20 to $1.50 as fewer people use the service. Rhayna Bosch speaks with Gary Starr from Australia Post to find out more, including why baby boomers are the fastest growing category to spend money in online shopping, plus SBS Finance Editor Ricardo Gonçalves speaks with David Berthon-Jones from Aequitas Investment Partners on the day on the markets including the big week for global central banks.
08:51
18 Mar 24
Is this the correction the Australian sharemarket had to have? After hitting a record high last week, the ASX200 has fallen around 2.5% so SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bodgan from Blackmore Capital for his take on where to next for the market, plus Rhayna Bosch discusses what's in store this dividend season with Craig James from CommSec.
Is this the correction the Australian sharemarket had to have? After hitting a record high last week, the ASX200 has fallen around 2.5% so SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bodgan from Blackmore Capital for his take on where to next for the market, plus Rhayna Bosch discusses what's in store this dividend season with Craig James from CommSec.
11:00
15 Mar 24
28.5% of property purchases on Australia's east coast was sold to cash buyers in 2023 highlighting the growing intergenerational divide in the country. SBS Finance Editor Ricardo Gonçalves speaks with PEXA Chief Economist Julie Toth to find out morel, plus the day on the markets with Hebe Chen from IG Markets.
28.5% of property purchases on Australia's east coast was sold to cash buyers in 2023 highlighting the growing intergenerational divide in the country. SBS Finance Editor Ricardo Gonçalves speaks with PEXA Chief Economist Julie Toth to find out morel, plus the day on the markets with Hebe Chen from IG Markets.
10:43
13 Mar 24
Iron ore prices slumped more than 7 per cent overnight, extending its recent slide, so what does that mean for government revenues? Rhayna Bosch speaks with Westpac Senior Economist Justin Smirk, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market moves with Scott Phillips from The Motley Fool.
Iron ore prices slumped more than 7 per cent overnight, extending its recent slide, so what does that mean for government revenues? Rhayna Bosch speaks with Westpac Senior Economist Justin Smirk, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market moves with Scott Phillips from The Motley Fool.
09:44
12 Mar 24
The proportion of females on ASX200 boards sits at just over 37%, where 40% is considered the best-practice gender equality goal. But female representation in the role of chair is lacking. SBS Finance Editor Ricardo Gonçalves speaks with Louise Petschler from the AICD to find out more, plus the day on the markets with Omkar Joshi as the US, Frace, Germany and Australian markets hit record highs.
The proportion of females on ASX200 boards sits at just over 37%, where 40% is considered the best-practice gender equality goal. But female representation in the role of chair is lacking. SBS Finance Editor Ricardo Gonçalves speaks with Louise Petschler from the AICD to find out more, plus the day on the markets with Omkar Joshi as the US, Frace, Germany and Australian markets hit record highs.
10:01
8 Mar 24
Australia looks to have avoided a technical recession, with its economy expanding by 0.2% in the December quarter. SBS Finance Editor Ricardo Gonçalves speaks with St George Economist Pat Bustamante for more, including why it may still feel like a recession for some people; plus the day on the markets with Luke Laretive from Seneca Financial Solutions including gold's new record.
Australia looks to have avoided a technical recession, with its economy expanding by 0.2% in the December quarter. SBS Finance Editor Ricardo Gonçalves speaks with St George Economist Pat Bustamante for more, including why it may still feel like a recession for some people; plus the day on the markets with Luke Laretive from Seneca Financial Solutions including gold's new record.
13:08
6 Mar 24
Retail sales rose in January but AMP Senior Economist Diana Mousina tells SBS Finance Editor Ricardo Gonçalves that the outlook is weak, plus hear from Ben Clark from TMS Capital about the day on the sharemarket including the recent surge in the price of Bitcoin.
Retail sales rose in January but AMP Senior Economist Diana Mousina tells SBS Finance Editor Ricardo Gonçalves that the outlook is weak, plus hear from Ben Clark from TMS Capital about the day on the sharemarket including the recent surge in the price of Bitcoin.
09:25
29 Feb 24
Coles says competition in the sector is 'fierce' as at faces an inquiry into grocery prices scheduled to start next month and delivered a 4.9 per cent increase in half-year sales. Hear CEO Leah Weckert respond to claims of price gouging in the sector, plus analysis and market reaction with Matt Sherwood from Perpetual.
Coles says competition in the sector is 'fierce' as at faces an inquiry into grocery prices scheduled to start next month and delivered a 4.9 per cent increase in half-year sales. Hear CEO Leah Weckert respond to claims of price gouging in the sector, plus analysis and market reaction with Matt Sherwood from Perpetual.
13:21
27 Feb 24
Bendigo and Adelaide Bank CEO Marnie Baker speaks with SBS Finance Editor Ricardo Gonçalves about the economic outlook and why 41 per cent of her borrowers are at least one year ahead on their mortgage repayments, plus Cochlear Dig Howitt on the rise in Cochlear implant awareness, and hear from Stockopedia's Elio D'Amato about the day's market action.
Bendigo and Adelaide Bank CEO Marnie Baker speaks with SBS Finance Editor Ricardo Gonçalves about the economic outlook and why 41 per cent of her borrowers are at least one year ahead on their mortgage repayments, plus Cochlear Dig Howitt on the rise in Cochlear implant awareness, and hear from Stockopedia's Elio D'Amato about the day's market action.
18:01
19 Feb 24
Taylor Swift's Eras tour is expected to add more than $400m to the Australian economy, so Rhayna Bosch speaks with Angel Zhong from RMIT to find out if it will add to inflation, plus SBS Finance Editor Ricardo Gonçalves speaks with Jessica Amir from moomoo about the day on the markets.
Taylor Swift's Eras tour is expected to add more than $400m to the Australian economy, so Rhayna Bosch speaks with Angel Zhong from RMIT to find out if it will add to inflation, plus SBS Finance Editor Ricardo Gonçalves speaks with Jessica Amir from moomoo about the day on the markets.
09:54
16 Feb 24
Commonwealth Bank CEO Matt Comyn and Domain CEO Jason Pellegrino speak with SBS Finance Editor Ricardo Gonçalves about their businesses, economic outlook and technology as both release their latest set of profit numbers, while James Gerrish from Shaw and Partners takes a look at the latest sharemarket action.
Commonwealth Bank CEO Matt Comyn and Domain CEO Jason Pellegrino speak with SBS Finance Editor Ricardo Gonçalves about their businesses, economic outlook and technology as both release their latest set of profit numbers, while James Gerrish from Shaw and Partners takes a look at the latest sharemarket action.
18:03
14 Feb 24
Research from the Commonwealth Bank shows while headline inflation at 4.1% is above the RBA's 2-3% target, inflation for discretionary items like take-aways and entertainment is within the range at 2.4%. Non-discretionary inflation, for things like rents and electricty, sits at a much higher 4.8%. SBS Finance Editor Ricardo Gonçalves speaks with CBA Head of Australian Economics Gareth Aird to find out the implication for monetary and fiscal policy, plus all the day's market action with Dianne Colledge from Morgans Financial Limited.
Research from the Commonwealth Bank shows while headline inflation at 4.1% is above the RBA's 2-3% target, inflation for discretionary items like take-aways and entertainment is within the range at 2.4%. Non-discretionary inflation, for things like rents and electricty, sits at a much higher 4.8%. SBS Finance Editor Ricardo Gonçalves speaks with CBA Head of Australian Economics Gareth Aird to find out the implication for monetary and fiscal policy, plus all the day's market action with Dianne Colledge from Morgans Financial Limited.
17:17
9 Feb 24
AGL Energy would be very well aware of the public perception issues with its $399 million half-year underlying profit, up 359 per cent at a time when many Australians are struggling with the rising cost of living. The Bureau of Statistics says electricity prices rose 5.7 per cent since the June 2023 quarter, and had it not been for the government’s Energy Bill Relief rebates, that increase would have been closer to 18 per cent. The annual rate of inflation is 4.1 per cent. So it was interesting to listen in on the company’s earnings presentation today where early on, CEO Damien Nicks highlighted AGL’s commitment to increase customer support funding in the face of growing customer cost pressures while also investing in empathy training for its call centre staff. It comes as the federal government announced an extra $41 million in Energy Efficiency Grants for small and medium businesses to help them invest in new cooling and heating technology to help reduce costs and emissions. Hear from AGL Energy CEO Damien Hicks, Telecommunications Industry Ombudsman Cynthia Gebert speaks with Rhayna Bosch in telco complaints, while SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey on the day’s sharemarket action including China's worsening deflation situation.
AGL Energy would be very well aware of the public perception issues with its $399 million half-year underlying profit, up 359 per cent at a time when many Australians are struggling with the rising cost of living. The Bureau of Statistics says electricity prices rose 5.7 per cent since the June 2023 quarter, and had it not been for the government’s Energy Bill Relief rebates, that increase would have been closer to 18 per cent. The annual rate of inflation is 4.1 per cent. So it was interesting to listen in on the company’s earnings presentation today where early on, CEO Damien Nicks highlighted AGL’s commitment to increase customer support funding in the face of growing customer cost pressures while also investing in empathy training for its call centre staff. It comes as the federal government announced an extra $41 million in Energy Efficiency Grants for small and medium businesses to help them invest in new cooling and heating technology to help reduce costs and emissions. Hear from AGL Energy CEO Damien Hicks, Telecommunications Industry Ombudsman Cynthia Gebert speaks with Rhayna Bosch in telco complaints, while SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey on the day’s sharemarket action including China's worsening deflation situation.
16:12
8 Feb 24
The RBA is expected to signal that it is done with lifting interest rates when it releases its first monetary policy decision for the year. SBS Finance Editor Ricardo Gonçalves speaks with Deuscue Bank Chief Economist Phil O'Donaghoe to find out more, including the structural changes happening at the central bank this year, plus the day on the sharemkaret with Alex Pikoulas from Harper Bernays.
The RBA is expected to signal that it is done with lifting interest rates when it releases its first monetary policy decision for the year. SBS Finance Editor Ricardo Gonçalves speaks with Deuscue Bank Chief Economist Phil O'Donaghoe to find out more, including the structural changes happening at the central bank this year, plus the day on the sharemkaret with Alex Pikoulas from Harper Bernays.
10:29
5 Feb 24
Australia's unemployment rate remained at 3.9 per cent in December bit more than 100,000 full-time positions were lost. SBS Finance Editor Ricardo Gonçalves speaks with Craig James from CommSec to explain, plus Stefan Vogel from Rabobank tells Rhayna Bosch that the Red Sea conflict could have major implications for the nation's agribusiness sector and consumer prices, and the day on the markets with Gemma Dale from nabtrade.
Australia's unemployment rate remained at 3.9 per cent in December bit more than 100,000 full-time positions were lost. SBS Finance Editor Ricardo Gonçalves speaks with Craig James from CommSec to explain, plus Stefan Vogel from Rabobank tells Rhayna Bosch that the Red Sea conflict could have major implications for the nation's agribusiness sector and consumer prices, and the day on the markets with Gemma Dale from nabtrade.
15:03
18 Jan 24
Uranium stocks continue to rise in an otherwise quiet market. SBS Finance Editor Ricardo Gonçalves takes a look with David Berthon-Jones from Aequitas while Matt Cowgill from Seek preview's Thursday's market moving official jobs data.
Uranium stocks continue to rise in an otherwise quiet market. SBS Finance Editor Ricardo Gonçalves takes a look with David Berthon-Jones from Aequitas while Matt Cowgill from Seek preview's Thursday's market moving official jobs data.
08:39
15 Jan 24
Inflation in the US has accelerated potentially delaying interest rate cuts there while prices in China continues to decline. SBS Finance Editor Ricardo Gonçalves discusses the implications with Hong Kong based economist Janu Chan and Blackmore Capital's Marcus Bogdan including the fallout of the escalating conflict in the Red Sea.
Inflation in the US has accelerated potentially delaying interest rate cuts there while prices in China continues to decline. SBS Finance Editor Ricardo Gonçalves discusses the implications with Hong Kong based economist Janu Chan and Blackmore Capital's Marcus Bogdan including the fallout of the escalating conflict in the Red Sea.
11:30
12 Jan 24
A record $36.5bn was spent in the month of November as shoppers delay their October spending and bring forward their Christmas purchases to take advantage of the Black Friday sales, but what does that really say about the consumer? SBS Finance Editor Ricardo Gonçalves speaks with Stephen Halmarick from the Commonwealth Bank to find out; plus Scott Phillips from The Motley Fool goes through the day's market action, plus Madina Jafari discusses the growing number of complaints being made with the Australian Financial Complaints Authority with CEO David Locke.
A record $36.5bn was spent in the month of November as shoppers delay their October spending and bring forward their Christmas purchases to take advantage of the Black Friday sales, but what does that really say about the consumer? SBS Finance Editor Ricardo Gonçalves speaks with Stephen Halmarick from the Commonwealth Bank to find out; plus Scott Phillips from The Motley Fool goes through the day's market action, plus Madina Jafari discusses the growing number of complaints being made with the Australian Financial Complaints Authority with CEO David Locke.
11:31
9 Jan 24
A record number of new vehicles were sold in Australia in 2023 despite high petrol prices and interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Tony Webber from the Federal Chamber of Automotive Industries to find out why, and how consumers can get a better deal in 2024, plus the day on the markets with Matt Wacher from Morningstar including his outlook for the new year.
A record number of new vehicles were sold in Australia in 2023 despite high petrol prices and interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Tony Webber from the Federal Chamber of Automotive Industries to find out why, and how consumers can get a better deal in 2024, plus the day on the markets with Matt Wacher from Morningstar including his outlook for the new year.
13:38
4 Jan 24
National housing values rose 8.1% in 2023, but with new listings rising, and interest rates set to fall later in the year, SBS Finance Editor Ricardo Gonçalves speaks with Tim Lawless from CoreLogic to find out where the opportunties are for buyers and sellers in 2024; plus Stuart Roberts from Stocks Down Under takes a look at the sharemarket which just missed record high today.
National housing values rose 8.1% in 2023, but with new listings rising, and interest rates set to fall later in the year, SBS Finance Editor Ricardo Gonçalves speaks with Tim Lawless from CoreLogic to find out where the opportunties are for buyers and sellers in 2024; plus Stuart Roberts from Stocks Down Under takes a look at the sharemarket which just missed record high today.
12:05
2 Jan 24
The ACCC has released its final report into the retail deposits inquiry, so SBS Finance Editor Ricardo Gonçalves takes a look at some of its recommendations with Finder finance expert Taylor Blackburn, plus the day on the markets with Kai Chen from MPC Markets including his outlook for 2024.
The ACCC has released its final report into the retail deposits inquiry, so SBS Finance Editor Ricardo Gonçalves takes a look at some of its recommendations with Finder finance expert Taylor Blackburn, plus the day on the markets with Kai Chen from MPC Markets including his outlook for 2024.
07:39
15 Dec 23
The US Federal Reserve says interest rates there could fall by 75 basis points so SBS Finance Editor Ricardo Gonçalves speaks with Henry Jennings from Marcus Today to find out what it means for investors. Plus Australia's jobless rate has risen to 3.9 per cent but Pat Bustamante from Westpac explains why it is still reflects a resilient employment market.
The US Federal Reserve says interest rates there could fall by 75 basis points so SBS Finance Editor Ricardo Gonçalves speaks with Henry Jennings from Marcus Today to find out what it means for investors. Plus Australia's jobless rate has risen to 3.9 per cent but Pat Bustamante from Westpac explains why it is still reflects a resilient employment market.
13:53
14 Dec 23
The government has delivered a lower budget deficit in its mid-year economic forecast, thanks to a strong labour market and commodity prices. Its mid-year economic update revealed government savings of around $12 billion. But real wage growth has slowed slightly more than expected, and there's no income or rent relief coming beyond existing measures.
The government has delivered a lower budget deficit in its mid-year economic forecast, thanks to a strong labour market and commodity prices. Its mid-year economic update revealed government savings of around $12 billion. But real wage growth has slowed slightly more than expected, and there's no income or rent relief coming beyond existing measures.
12:43
13 Dec 23
The RBA and government have updated their agreement which stipulates its independence and dual mandate of targeting inflation and full employment. SBS Finance Editor Ricardo Gonçalves speaks with Paul Bloxham from HSBC about the new flexibility being afforded to the RBA in meeting its objectives as it prepares to implement the recommendations of this year's RBA Review; plus Kyle Rodda from capital.com on a potential Santos/Woodside merger.
The RBA and government have updated their agreement which stipulates its independence and dual mandate of targeting inflation and full employment. SBS Finance Editor Ricardo Gonçalves speaks with Paul Bloxham from HSBC about the new flexibility being afforded to the RBA in meeting its objectives as it prepares to implement the recommendations of this year's RBA Review; plus Kyle Rodda from capital.com on a potential Santos/Woodside merger.
12:38
8 Dec 23
The Federal Government is introducing new laws to make getting financial advice more accessible by introducing a new class of profession, 'Qualified Advisers', which will be able to offer limited personal advice at banks, insurance companies and super funds. Rhayna Bosch speaks with Sarah Abood from the Financial Advice Association Australia to find out more; plus SBS Finance Editor Ricardo Gonçalves speaks with Gemma Dale from nabtrade for the latest on the markets.
The Federal Government is introducing new laws to make getting financial advice more accessible by introducing a new class of profession, 'Qualified Advisers', which will be able to offer limited personal advice at banks, insurance companies and super funds. Rhayna Bosch speaks with Sarah Abood from the Financial Advice Association Australia to find out more; plus SBS Finance Editor Ricardo Gonçalves speaks with Gemma Dale from nabtrade for the latest on the markets.
09:06
7 Dec 23
Westpac Chief Economist Luci Ellis speaks with SBS Finance Editor Ricardo Gonçalves about Australia's productivity problem, if it's a concern, the impact WFH is having and her take on the RBA's final board meeting next week; plus the day on the markets with Omkar Joshi from Opal Capital Management.
Westpac Chief Economist Luci Ellis speaks with SBS Finance Editor Ricardo Gonçalves about Australia's productivity problem, if it's a concern, the impact WFH is having and her take on the RBA's final board meeting next week; plus the day on the markets with Omkar Joshi from Opal Capital Management.
09:06
1 Dec 23
Australia's biggest cities have fallen in the rankings of the world's most expensive. SBS Finance Editor Ricardo Gonçalves speaks with Barsali Bhattacharyya from the Economist Intelligence: EIU Unit to find out why; Gerard Brody from Super Consumers Australia's explains why a significant number of retirees are withdrawing just the minimum amount from their super; and Jody Fitzgerald from Morningstar on whether we'll see a Santa Rally this year.
Australia's biggest cities have fallen in the rankings of the world's most expensive. SBS Finance Editor Ricardo Gonçalves speaks with Barsali Bhattacharyya from the Economist Intelligence: EIU Unit to find out why; Gerard Brody from Super Consumers Australia's explains why a significant number of retirees are withdrawing just the minimum amount from their super; and Jody Fitzgerald from Morningstar on whether we'll see a Santa Rally this year.
17:53
30 Nov 23
The CPI Indicator eased to 4.9% annually in October, reducing the chance of a December interest rate rise. SBS Finance Editor Ricardo Gonçalves speaks with Katrina Ell from Moody's Analytics to see if it tells the real story about consumer prices; plus the market reaction with Niv Dagan from PEAK Asset Management.
The CPI Indicator eased to 4.9% annually in October, reducing the chance of a December interest rate rise. SBS Finance Editor Ricardo Gonçalves speaks with Katrina Ell from Moody's Analytics to see if it tells the real story about consumer prices; plus the market reaction with Niv Dagan from PEAK Asset Management.
10:26
29 Nov 23
Australia's population could go from 26 million to 46 million within five decades according to projections from the Bureau of Statistics. Rhayna Bosch speaks with Demographer Ashley Fell from McCrindle to find out the implications for the nation. Plus, hear from RBA Governor Michele Bullock about why inflation is now being driven by domestic demand factors, and SBS Finance Editor Ricardo Gonçalves speaks with Chris Weston from Pepperstone about the day on the markets.
Australia's population could go from 26 million to 46 million within five decades according to projections from the Bureau of Statistics. Rhayna Bosch speaks with Demographer Ashley Fell from McCrindle to find out the implications for the nation. Plus, hear from RBA Governor Michele Bullock about why inflation is now being driven by domestic demand factors, and SBS Finance Editor Ricardo Gonçalves speaks with Chris Weston from Pepperstone about the day on the markets.
12:51
23 Nov 23
CBRE says while workers are slowly returning to CBDs, those in Melbourne are doing so at a much slower pace. SBS Finance Editor Ricardo Gonçalves speaks with the commercial real estate company's Head of Office and Capital Markets Research Tom Broderick to find out more, plus Jun Bei Liu from Tribeca Investment Partners takes a look at the day's market action.
CBRE says while workers are slowly returning to CBDs, those in Melbourne are doing so at a much slower pace. SBS Finance Editor Ricardo Gonçalves speaks with the commercial real estate company's Head of Office and Capital Markets Research Tom Broderick to find out more, plus Jun Bei Liu from Tribeca Investment Partners takes a look at the day's market action.
08:59
22 Nov 23
Seven per cent of Australians who needed to see a GP last financial year, delayed that visit or did not see one because of rising costs, with younger people or those in disadvantaged areas most likely to give up those services according to the ABS. SBS Finance Editor Ricardo Gonçalves speaks with Equity Economics Senior Economist Kristy Jones to find out what can be done about it, plus the day on the markets with Robert Talevski from Activam
Seven per cent of Australians who needed to see a GP last financial year, delayed that visit or did not see one because of rising costs, with younger people or those in disadvantaged areas most likely to give up those services according to the ABS. SBS Finance Editor Ricardo Gonçalves speaks with Equity Economics Senior Economist Kristy Jones to find out what can be done about it, plus the day on the markets with Robert Talevski from Activam
07:38
21 Nov 23
OPTUS CEO Kelly Bayer Rosmarin has resigned following last week's outage, but history has shown customers don't necessarily follow. SBS Finance Editor Ricardo Gonçalves speaks with telecommunications analyst Paul Budde, plus the day on the markets with Raymond Chan from Morgans who takes a closer look at China's economy and the ASX's latest move to update its CHESS technology.
OPTUS CEO Kelly Bayer Rosmarin has resigned following last week's outage, but history has shown customers don't necessarily follow. SBS Finance Editor Ricardo Gonçalves speaks with telecommunications analyst Paul Budde, plus the day on the markets with Raymond Chan from Morgans who takes a closer look at China's economy and the ASX's latest move to update its CHESS technology.
15:05
20 Nov 23
Australia's jobless rate has risen to 3.7% but a record 14.17m people are in work. SBS Finance Editor Ricardo Gonçalves speaks with ANZ Senior Economist Blair Chapman to find out what it says about the labour market, plus the market reaction with Tony Sycamore from IG Markets Securities Limited.
Australia's jobless rate has risen to 3.7% but a record 14.17m people are in work. SBS Finance Editor Ricardo Gonçalves speaks with ANZ Senior Economist Blair Chapman to find out what it says about the labour market, plus the market reaction with Tony Sycamore from IG Markets Securities Limited.
08:26
16 Nov 23
Wages grew at the fastest pace in the 26 years the ABS has been tracking them at 1.3% in the September quarter, so SBS Finance Editor Ricardo Gonçalves speaks with IFM Investors Chief Economist Alex Joiner to find out if it really is easing the rising cost of living, plus Dianne Colledge from Morgans takes a look a the market reaction including what lower US inflation means for interest rates.
Wages grew at the fastest pace in the 26 years the ABS has been tracking them at 1.3% in the September quarter, so SBS Finance Editor Ricardo Gonçalves speaks with IFM Investors Chief Economist Alex Joiner to find out if it really is easing the rising cost of living, plus Dianne Colledge from Morgans takes a look a the market reaction including what lower US inflation means for interest rates.
13:32
15 Nov 23
The RBA has lifted official interest rates to a near 12 year high of 4.35% so SBS Finance Editor Ricardo Gonçalves finds out what it means for the economy, markets and mortgage repayments with Betashares Chief Economist David Bassanese, Perpetual Head of Investment Strategy Matt Sherwood and RateCity Research Director Sally Tindall.
The RBA has lifted official interest rates to a near 12 year high of 4.35% so SBS Finance Editor Ricardo Gonçalves finds out what it means for the economy, markets and mortgage repayments with Betashares Chief Economist David Bassanese, Perpetual Head of Investment Strategy Matt Sherwood and RateCity Research Director Sally Tindall.
14:42
7 Nov 23
Retail sales hit a record in September as warmer weather saw consumers bring forward some purchases, but will it add to the case for an official interest rates rise? SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver for more, along with Stuart Roberts from Stocks Down Under for the market reaction. Plus Rhayna Bosch finds out why Australia should impose EU style compensation policies for cancelled flights with Ellis Taylor from Cirium Aviation.
Retail sales hit a record in September as warmer weather saw consumers bring forward some purchases, but will it add to the case for an official interest rates rise? SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver for more, along with Stuart Roberts from Stocks Down Under for the market reaction. Plus Rhayna Bosch finds out why Australia should impose EU style compensation policies for cancelled flights with Ellis Taylor from Cirium Aviation.
15:36
30 Oct 23
Domain says house and unit prices are only a few thousand dollars away from setting new records, so Rhayna Bosch speaks with Nicola Powell to find out more; plus SBS Finance Editor Ricardo Gonçalves finds out why the Australian dollar is at a 2023 low against the US despite talk of rising local interest rates with Damien Boey from Barrenjoey.
Domain says house and unit prices are only a few thousand dollars away from setting new records, so Rhayna Bosch speaks with Nicola Powell to find out more; plus SBS Finance Editor Ricardo Gonçalves finds out why the Australian dollar is at a 2023 low against the US despite talk of rising local interest rates with Damien Boey from Barrenjoey.
11:25
26 Oct 23
Australia's wine industry has welcomed China's decision to review its tariffs on Australian imports so SBS Finance Editor Ricardo Gonçalves speaks with Lee McLean from Australian Grape & Wine to find out what's next, plus Kyle Rodda from capital.com explains why the Australian sharemarket has hit a one year low and if that presents any opportunities.
Australia's wine industry has welcomed China's decision to review its tariffs on Australian imports so SBS Finance Editor Ricardo Gonçalves speaks with Lee McLean from Australian Grape & Wine to find out what's next, plus Kyle Rodda from capital.com explains why the Australian sharemarket has hit a one year low and if that presents any opportunities.
12:50
23 Oct 23
Australia's unemployment rate unexpectedly fell to 3.6% in September so SBS Finance Editor Ricardo Gonçalves speaks with NAB's Alan Oster to find out what it means for interest rates, plus the day on the markets with Angus Geddes from Fat Prophets.
Australia's unemployment rate unexpectedly fell to 3.6% in September so SBS Finance Editor Ricardo Gonçalves speaks with NAB's Alan Oster to find out what it means for interest rates, plus the day on the markets with Angus Geddes from Fat Prophets.
12:24
19 Oct 23