Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
New RBA Governor Michele Bullock has held official interest rates at 4.1% at her first meeting, but has warned rates may still rise. Rhayna Bosch speaks with Westpac Senior Economist Matthew Hassan to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the market implications with George Boubouras from K2 Asset Management Ltd.
New RBA Governor Michele Bullock has held official interest rates at 4.1% at her first meeting, but has warned rates may still rise. Rhayna Bosch speaks with Westpac Senior Economist Matthew Hassan to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the market implications with George Boubouras from K2 Asset Management Ltd.
14:59
3 Oct 23
Brickworks CEO Lindsay Partridge tells SBS Finance Editor Ricardo Gonçalves what he thinks will help to solve Australia's housing shortage in the short-term plus hear from Elizabeth Tian from Citi for the day on the markets.
Brickworks CEO Lindsay Partridge tells SBS Finance Editor Ricardo Gonçalves what he thinks will help to solve Australia's housing shortage in the short-term plus hear from Elizabeth Tian from Citi for the day on the markets.
12:28
28 Sep 23
Almost $22bn in dividends will be paid out this week as some of Australia's largest companies reward shareholders. But with an economic slowdown, what's the future of dividends? SBS Finance Editor Ricardo Gonçalves speaks with Craig James from CommSec for more, plus Alex Pikoulas, CFA from Harper Bernays on the day on the markets including a new challenge for Qantas.
Almost $22bn in dividends will be paid out this week as some of Australia's largest companies reward shareholders. But with an economic slowdown, what's the future of dividends? SBS Finance Editor Ricardo Gonçalves speaks with Craig James from CommSec for more, plus Alex Pikoulas, CFA from Harper Bernays on the day on the markets including a new challenge for Qantas.
11:52
25 Sep 23
SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan, Head of Asian Desk at Morgans about the renewed interest in China as its economy responds to stimulus.
SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan, Head of Asian Desk at Morgans about the renewed interest in China as its economy responds to stimulus.
09:15
18 Sep 23
Petrol prices are likely to continue to rise as the global oil price surges to its highest so far this year. Rhayna Bosch speaks with Vivek Dhar, Mining and Energy Commodities Research Director at the Commonwealth Bank for more. Plus SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com about the Australian sharemarket which ended the week higher thanks to positive economic data out of China and the US.
Petrol prices are likely to continue to rise as the global oil price surges to its highest so far this year. Rhayna Bosch speaks with Vivek Dhar, Mining and Energy Commodities Research Director at the Commonwealth Bank for more. Plus SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com about the Australian sharemarket which ended the week higher thanks to positive economic data out of China and the US.
09:15
15 Sep 23
After forcing its users to use its own charging technology, Apple is falling into line with other smartphone makers in adopting the use of UBS-C cables on its new iPhone 15. SBS Finance Editor Ricardo Gonçalves speaks with Trevor Long from EFTM to find out more plus Francesco De Stradis from Ord Minnett on the day's market action including the latest Qantas saga.
After forcing its users to use its own charging technology, Apple is falling into line with other smartphone makers in adopting the use of UBS-C cables on its new iPhone 15. SBS Finance Editor Ricardo Gonçalves speaks with Trevor Long from EFTM to find out more plus Francesco De Stradis from Ord Minnett on the day's market action including the latest Qantas saga.
14:50
13 Sep 23
Female representation on the boards of ASX300 companies has reached a record high so Rhayna Bosch speaks with Dean Paatsch from Ownership Matters to find out why more work still needs to be done + SBS Finance Editor Ricardo Gonçalves speaks with David Scutt from City Index for a wrap of the markets.
Female representation on the boards of ASX300 companies has reached a record high so Rhayna Bosch speaks with Dean Paatsch from Ownership Matters to find out why more work still needs to be done + SBS Finance Editor Ricardo Gonçalves speaks with David Scutt from City Index for a wrap of the markets.
11:21
11 Sep 23
Alan Joyce has brought forward his resignation as CEO of Qantas two months early as the airline seeks a circuit breaker from a falling share price amid a hit to its reputation. SBS Finance Editor Ricardo Gonçalves speaks with Tony Sycamore from IG Markets for more. Plus, HSBC's Paul Bloxham goes through the RBA's latest interest rate decision as Governor Philip Lowe prepares to step down and the day on the markets with Matt Sherwood from Perpetual.
Alan Joyce has brought forward his resignation as CEO of Qantas two months early as the airline seeks a circuit breaker from a falling share price amid a hit to its reputation. SBS Finance Editor Ricardo Gonçalves speaks with Tony Sycamore from IG Markets for more. Plus, HSBC's Paul Bloxham goes through the RBA's latest interest rate decision as Governor Philip Lowe prepares to step down and the day on the markets with Matt Sherwood from Perpetual.
15:43
5 Sep 23
A growing number of Australians are trading in city living for a life in the regions. Rhayna Bosch speaks with Liz Ritchie from Regional Australia Institute to find out more + SBS Finance Editor Ricardo Gonçalves talks with David Berthon-Jones from Aequitas Investment Partners about the day on the markets and Qantas' reaction to the ACCC's investigation.
A growing number of Australians are trading in city living for a life in the regions. Rhayna Bosch speaks with Liz Ritchie from Regional Australia Institute to find out more + SBS Finance Editor Ricardo Gonçalves talks with David Berthon-Jones from Aequitas Investment Partners about the day on the markets and Qantas' reaction to the ACCC's investigation.
13:29
4 Sep 23
Qantas has posted a record full-year profit of $1.74bn after three years of losses inflicted by the COVID pandemic. SBS Finance Editor Ricardo Gonçalves takes a closer look at the result, the future of the sector and what it all means for airfares with aviation expert Geoffrey Thomas. Damien Boey from Barrenjoey goes through the day on the markets.
Qantas has posted a record full-year profit of $1.74bn after three years of losses inflicted by the COVID pandemic. SBS Finance Editor Ricardo Gonçalves takes a closer look at the result, the future of the sector and what it all means for airfares with aviation expert Geoffrey Thomas. Damien Boey from Barrenjoey goes through the day on the markets.
23:25
24 Aug 23
Domino's CEO Don Meij says the pizza company acted too aggressively when it lifted prices and charged delivery fees in response to rapid inflation. SBS Finance Editor Ricardo Gonçalves speaks with him to find out what's happened since then, plus hear from Josh Gilbert from eToro on the day's market moves including the latest profit result from Woolworths.
Domino's CEO Don Meij says the pizza company acted too aggressively when it lifted prices and charged delivery fees in response to rapid inflation. SBS Finance Editor Ricardo Gonçalves speaks with him to find out what's happened since then, plus hear from Josh Gilbert from eToro on the day's market moves including the latest profit result from Woolworths.
13:49
23 Aug 23
Find out how China's economic slowdown is impacting BHP as SBS Finance Editor Ricardo Gonçalves speaks with CFO David Lamont while Woodside Energy CEO Meg O'Neill provides an update on the company's talks with unions over a planned strike which may impact 11 per cent of the world's LNG Plus, hear from Martin Lakos from Macquarie Group on the day's market action including how food price inflation is easing at Coles.
Find out how China's economic slowdown is impacting BHP as SBS Finance Editor Ricardo Gonçalves speaks with CFO David Lamont while Woodside Energy CEO Meg O'Neill provides an update on the company's talks with unions over a planned strike which may impact 11 per cent of the world's LNG Plus, hear from Martin Lakos from Macquarie Group on the day's market action including how food price inflation is easing at Coles.
21:04
22 Aug 23
NIB recorded its strongest membership growth since 2015 as it posted a 43 per cent lift in full-year profit. SBS Finance Editor Ricardo Gonçalves speaks with CEO Mark Fitzgibbon about what's driving the company, the impact of artificial intelligence and just how hard premiums will rise. Plus, Business Council of Australia CEO Jennifer Westacott goes through the organisations plan for boosting productivity in Australia and Luke McMillan looks at the day on the sharemarket.
NIB recorded its strongest membership growth since 2015 as it posted a 43 per cent lift in full-year profit. SBS Finance Editor Ricardo Gonçalves speaks with CEO Mark Fitzgibbon about what's driving the company, the impact of artificial intelligence and just how hard premiums will rise. Plus, Business Council of Australia CEO Jennifer Westacott goes through the organisations plan for boosting productivity in Australia and Luke McMillan looks at the day on the sharemarket.
21:58
21 Aug 23
Domain CEO Jason Pellegrino has applauded the government's new target of building 1.2m homes over the next five years, and says the nation has no option but to meet it. SBS Finance Editor Ricardo Gonçalves speaks with him to find out more. Plus, hear from Diana Mousina from AMP who goes through the latest rise in Australia's unemployment rate, and Joe Youssef from Areus Asset Management on the day's market action including Telstra's full-year result.
Domain CEO Jason Pellegrino has applauded the government's new target of building 1.2m homes over the next five years, and says the nation has no option but to meet it. SBS Finance Editor Ricardo Gonçalves speaks with him to find out more. Plus, hear from Diana Mousina from AMP who goes through the latest rise in Australia's unemployment rate, and Joe Youssef from Areus Asset Management on the day's market action including Telstra's full-year result.
22:46
17 Aug 23
Hearing implant maker Cochlear has delivered a $305m full-year underlying profit up 10 per cent as it seeks to continue to grow earnings in the new year. SBS Finance Editor Ricardo Gonçalves speaks with its CEO, Dig Howitt about the hearing implant maker's future and investment in technology. Plus, Pat Bustamante from St George on what easing wages mean for the economy and interest rates.
Hearing implant maker Cochlear has delivered a $305m full-year underlying profit up 10 per cent as it seeks to continue to grow earnings in the new year. SBS Finance Editor Ricardo Gonçalves speaks with its CEO, Dig Howitt about the hearing implant maker's future and investment in technology. Plus, Pat Bustamante from St George on what easing wages mean for the economy and interest rates.
18:32
15 Aug 23
Bendigo and Adelaide Bank has posted a record full-year cash profit as it avoided a cash back war on mortgages, so SBS Finance Editor Ricardo Gonçalves speaks with CEO Marnie Baker for more, including why the bank's not concerned about rising interest rates on its borrowers. Plus, the day on the markets with George Boubouras from K2 Asset Management and Rhayna Bosch talks with Angela Jackson from Impact Economics about the positive impact the Matildas and FIFA Women's World Cup will have on the Australian economy.
Bendigo and Adelaide Bank has posted a record full-year cash profit as it avoided a cash back war on mortgages, so SBS Finance Editor Ricardo Gonçalves speaks with CEO Marnie Baker for more, including why the bank's not concerned about rising interest rates on its borrowers. Plus, the day on the markets with George Boubouras from K2 Asset Management and Rhayna Bosch talks with Angela Jackson from Impact Economics about the positive impact the Matildas and FIFA Women's World Cup will have on the Australian economy.
17:37
14 Aug 23
The Commonwealth Bank has delivered a record full-year cash profit of $10.16bn. SBS Finance Editor Ricardo Gonçalves speaks with CEO Matt Comyn for his take on the results, the bank's future and the way it is navigating the slowing economy. Plus, James Gerrish from Shaw and Partners goes through the sharemarket reaction, along with news of a ratings downgrade for US mid-sized banks and what Chinese deflation means for investors
The Commonwealth Bank has delivered a record full-year cash profit of $10.16bn. SBS Finance Editor Ricardo Gonçalves speaks with CEO Matt Comyn for his take on the results, the bank's future and the way it is navigating the slowing economy. Plus, James Gerrish from Shaw and Partners goes through the sharemarket reaction, along with news of a ratings downgrade for US mid-sized banks and what Chinese deflation means for investors
16:47
9 Aug 23
SBS Finance Editor Ricardo Gonçalves takes a look at corporate reporting season with Luke McMillan from Ophir Asset Management & Rhayna Bosch speaks with Luke Achterstraat from COSBOA for his take on the small business space.
SBS Finance Editor Ricardo Gonçalves takes a look at corporate reporting season with Luke McMillan from Ophir Asset Management & Rhayna Bosch speaks with Luke Achterstraat from COSBOA for his take on the small business space.
15:18
8 Aug 23
The ACCC has denied a merger of ANZ and Suncorp's banking arm. SBS Finance Editor Ricardo Gonçalves speaks with Bell Direct's Grady Wulff to explore the implications and to take a look at the rest of the day's market action.
The ACCC has denied a merger of ANZ and Suncorp's banking arm. SBS Finance Editor Ricardo Gonçalves speaks with Bell Direct's Grady Wulff to explore the implications and to take a look at the rest of the day's market action.
07:01
4 Aug 23
The rising cost of living is seeing shoppers pulling back by focusing on essentials, buying less or switching to cheaper brands. SBS Finance Editor Ricardo Gonçalves speaks with Brian Walker from the Retail Doctor Group to go through today's retail sales volumes numbers and finds out which categories are set to experience continued discounting & Gemma Dale from nabtrade goes through the day's market action.
The rising cost of living is seeing shoppers pulling back by focusing on essentials, buying less or switching to cheaper brands. SBS Finance Editor Ricardo Gonçalves speaks with Brian Walker from the Retail Doctor Group to go through today's retail sales volumes numbers and finds out which categories are set to experience continued discounting & Gemma Dale from nabtrade goes through the day's market action.
10:26
3 Aug 23
Investors sat on the sidelines on Monday as they ponder the RBA's Tuesday interest rate decision. SBS Finance Editor Ricardo Gonçalves speaks with Elio D'Amato from Stockopedia to find out what the market expects will happen. Plus, Rhayna Bosch speaks with Natalie Thompson from the Electric Vehicle Council to discuss the latest uptake in EVs in Australia.
Investors sat on the sidelines on Monday as they ponder the RBA's Tuesday interest rate decision. SBS Finance Editor Ricardo Gonçalves speaks with Elio D'Amato from Stockopedia to find out what the market expects will happen. Plus, Rhayna Bosch speaks with Natalie Thompson from the Electric Vehicle Council to discuss the latest uptake in EVs in Australia.
12:22
1 Aug 23
The US Federal Reserve has removed expectations of a US recession from its forecasts as it lifts official interest rates there to 5.5%. SBS Finance Editor Ricardo Gonçalves speaks with Jody Fitzgerald from Morningstar for her thoughts and market implications.
The US Federal Reserve has removed expectations of a US recession from its forecasts as it lifts official interest rates there to 5.5%. SBS Finance Editor Ricardo Gonçalves speaks with Jody Fitzgerald from Morningstar for her thoughts and market implications.
08:01
27 Jul 23
SBS Finance Editor Ricardo Gonçalves takes a look at the day's market moves with Marcus Bogdan from Blackmore Capital and discusses how to tackle the upcoming reporting season.
SBS Finance Editor Ricardo Gonçalves takes a look at the day's market moves with Marcus Bogdan from Blackmore Capital and discusses how to tackle the upcoming reporting season.
05:11
21 Jul 23
We begin our seasonal CEO Series with Peter Gray, ZIP Chief Operating Officer, who speaks with SBS Finance Editor Ricardo Gonçalves about the group's latest financial results, economic outlook and upcoming legislation. Plus, Matt Cowgill from SEEK goes through the June labour force report which shows unemployment remains at 3.5%, while Elizabeth Tian from Citi explains the market reaction.
We begin our seasonal CEO Series with Peter Gray, ZIP Chief Operating Officer, who speaks with SBS Finance Editor Ricardo Gonçalves about the group's latest financial results, economic outlook and upcoming legislation. Plus, Matt Cowgill from SEEK goes through the June labour force report which shows unemployment remains at 3.5%, while Elizabeth Tian from Citi explains the market reaction.
17:31
20 Jul 23
Rio Tinto has posted its best period of iron ore production in five years. But as China's economy slows, what does it mean for iron ore producers like it and BHP? SBS Finance Editor Ricardo Gonçalves speaks with Fat Prophets Resources Analyst David Lennox for more; and takes a look at the day on the markets with Jun Bei Liu from Tribeca Investment Partners.
Rio Tinto has posted its best period of iron ore production in five years. But as China's economy slows, what does it mean for iron ore producers like it and BHP? SBS Finance Editor Ricardo Gonçalves speaks with Fat Prophets Resources Analyst David Lennox for more; and takes a look at the day on the markets with Jun Bei Liu from Tribeca Investment Partners.
11:21
19 Jul 23
A review by ASIC and APRA has identified a lack of progress and insufficient urgency in super funds embracing the retirement income covenant, designed to improve members' retirement outcomes. It comes as many Australians leave a significant portion of their superannuation behind at death. SBS Finance Editor Ricardo Gonçalves speaks with ASIC Commissioner Danielle Press for more; plus Robert Talevski from Activam takes a look at the day's market action including today's RBA minutes.
A review by ASIC and APRA has identified a lack of progress and insufficient urgency in super funds embracing the retirement income covenant, designed to improve members' retirement outcomes. It comes as many Australians leave a significant portion of their superannuation behind at death. SBS Finance Editor Ricardo Gonçalves speaks with ASIC Commissioner Danielle Press for more; plus Robert Talevski from Activam takes a look at the day's market action including today's RBA minutes.
13:56
18 Jul 23
China's economy expanded by a less than expected 6.3% in the second quarter compared with a year ago. With the nation seeing weaker exports and a loss in consumer confidence amid a downturn in the property market, SBS Finance Editor Ricardo Gonçalves takes a detailed look at the workings of the nation and what it means for investors with the Raymond Chan who is the Head of Asian Desk at Morgans.
China's economy expanded by a less than expected 6.3% in the second quarter compared with a year ago. With the nation seeing weaker exports and a loss in consumer confidence amid a downturn in the property market, SBS Finance Editor Ricardo Gonçalves takes a detailed look at the workings of the nation and what it means for investors with the Raymond Chan who is the Head of Asian Desk at Morgans.
13:08
17 Jul 23
Current Deputy Reserve Bank Governor, Michele Bullock has been appointed new RBA Governor, replacing Philip Lowe from September. SBS Finance Editor Ricardo Gonçalves speaks with ANZ Chief Economist Richard Yetsenga for his thoughts and to find out why he now thinks interest rates in Australia are likely to be on an extended pause. Plus, Nick Schoenmaker CFA, FRM from Drummond Capital Partners takes a look at the reaction on the markets and explains whether investors are too optimistic following this week's better than expected US inflation report.
Current Deputy Reserve Bank Governor, Michele Bullock has been appointed new RBA Governor, replacing Philip Lowe from September. SBS Finance Editor Ricardo Gonçalves speaks with ANZ Chief Economist Richard Yetsenga for his thoughts and to find out why he now thinks interest rates in Australia are likely to be on an extended pause. Plus, Nick Schoenmaker CFA, FRM from Drummond Capital Partners takes a look at the reaction on the markets and explains whether investors are too optimistic following this week's better than expected US inflation report.
13:02
14 Jul 23
The Australian sharemarket and dollar surged as US inflation eased to a two year low of 3 per cent on an annual basis. SBS Finance Editor Ricardo Gonçalves takes a look at what it means for shares and currencies with Chris Weston from Pepperstone.
The Australian sharemarket and dollar surged as US inflation eased to a two year low of 3 per cent on an annual basis. SBS Finance Editor Ricardo Gonçalves takes a look at what it means for shares and currencies with Chris Weston from Pepperstone.
07:10
13 Jul 23
The Reserve Bank is making some changes to the way it conducts its monthly interest rate meeting, including less frequency and more transparency. SBS Finance Editor Ricardo Gonçalves speaks with AMP Capital Chief Economist Shane Oliver for more; and gets the market reaction with Francesco De Stradis from Ord Minnett.
The Reserve Bank is making some changes to the way it conducts its monthly interest rate meeting, including less frequency and more transparency. SBS Finance Editor Ricardo Gonçalves speaks with AMP Capital Chief Economist Shane Oliver for more; and gets the market reaction with Francesco De Stradis from Ord Minnett.
17:03
12 Jul 23
More than 580,000 new vehicles were sold in the first half of 2023, despite the rising cost of living. SBS Finance Editor Ricardo Gonçalves takes a look at the industry with Peter Griffin from the Federal Chamber of Automotive Industries for more; plus Evan Lucas from Investsmart explains why the Australian sharemarket fell more than 1 per cent today; while Rhayna Bosch speaks with social media expert Nataliia Laba from the University of NSW about Instagram's rollout of Threads to compete with Elon Musk's Twitter.
More than 580,000 new vehicles were sold in the first half of 2023, despite the rising cost of living. SBS Finance Editor Ricardo Gonçalves takes a look at the industry with Peter Griffin from the Federal Chamber of Automotive Industries for more; plus Evan Lucas from Investsmart explains why the Australian sharemarket fell more than 1 per cent today; while Rhayna Bosch speaks with social media expert Nataliia Laba from the University of NSW about Instagram's rollout of Threads to compete with Elon Musk's Twitter.
17:54
6 Jul 23
Rents around the country are 11.8 per cent higher than a year ago according to PropTrack data, so Farah Farouque from Tenants Victoria takes a look at what can be done about it; plus SBS Finance Editor Ricardo Gonçalves discusses the latest sharemarket moves with Carl Capolingua from ThinkMarkets.
Rents around the country are 11.8 per cent higher than a year ago according to PropTrack data, so Farah Farouque from Tenants Victoria takes a look at what can be done about it; plus SBS Finance Editor Ricardo Gonçalves discusses the latest sharemarket moves with Carl Capolingua from ThinkMarkets.
10:09
5 Jul 23
The Reserve Bank has held official interest rates at 4.1% to give it more time to assess how its previous 12 increases over the space of 15 months has impacted the economy. SBS Finance Editor Ricardo Gonçalves speaks with St George Senior Economist Jarek Kowcza and Perpetual's Matt Sherwood to find out what this means for future moves, and the implications for investments.
The Reserve Bank has held official interest rates at 4.1% to give it more time to assess how its previous 12 increases over the space of 15 months has impacted the economy. SBS Finance Editor Ricardo Gonçalves speaks with St George Senior Economist Jarek Kowcza and Perpetual's Matt Sherwood to find out what this means for future moves, and the implications for investments.
18:01
4 Jul 23
Australia's monthly inflation indicator spectacularly fell from 6.8% to 5.6% in May. SBS Finance Editor Ricardo Gonçalves speaks with Bendigo and Adelaide Bank Chief Economist David Robertson to find out if it will mean a pause in official interest rate rises, plus Hebe Chen from IG Markets goes through the sharemarket reaction.
Australia's monthly inflation indicator spectacularly fell from 6.8% to 5.6% in May. SBS Finance Editor Ricardo Gonçalves speaks with Bendigo and Adelaide Bank Chief Economist David Robertson to find out if it will mean a pause in official interest rate rises, plus Hebe Chen from IG Markets goes through the sharemarket reaction.
16:14
28 Jun 23
With tax time around the corner, SBS Finance Editor Ricardo Gonçalves speaks with Australian Taxation Office Assistant Commissioner Tim Loh to find out what it is looking out for, the changes to tax in the new year, and tips for taxpayers to speed up any returns. Plus, Joe Youssef from Areus Asset Management takes a quick look at the markets.
With tax time around the corner, SBS Finance Editor Ricardo Gonçalves speaks with Australian Taxation Office Assistant Commissioner Tim Loh to find out what it is looking out for, the changes to tax in the new year, and tips for taxpayers to speed up any returns. Plus, Joe Youssef from Areus Asset Management takes a quick look at the markets.
11:29
27 Jun 23
The Australian sharemarket has fallen to a three-month low as political instability in Russia and end of month selling impact the market. SBS Finance Editor Ricardo Gonçalves speaks with Stuart Roberts from Stocks Down Under about the day on the market.
The Australian sharemarket has fallen to a three-month low as political instability in Russia and end of month selling impact the market. SBS Finance Editor Ricardo Gonçalves speaks with Stuart Roberts from Stocks Down Under about the day on the market.
04:41
26 Jun 23
The Australian share market had its third worst day of the year, with around $40bn wiped from the value of the ASX200. SBS Finance Editor Ricardo Gonçalves speaks with Elizabeth Tian from Citi to find out why; plus Qiang Tang from the University of Sydney School of Computer Science takes a look at what business can do to protect themselves from a growing number of cyber security incidents.
The Australian share market had its third worst day of the year, with around $40bn wiped from the value of the ASX200. SBS Finance Editor Ricardo Gonçalves speaks with Elizabeth Tian from Citi to find out why; plus Qiang Tang from the University of Sydney School of Computer Science takes a look at what business can do to protect themselves from a growing number of cyber security incidents.
14:12
22 Jun 23
The Australian Competition Tribunal has backed ACCC's decision to block a tie-up between Telstra and TPG regional infrastructure on the basis of competition concerns. SBS Finance Editor Ricardo Gonçalves speaks to Telecommunications Analyst Paul Budde to find out what the future is for regional telecoms. NSW has introduced new laws protecting retail workers following a rise in assaults in the sector; National Retail Association CEO Greg Griffith has the detail, plus Robert Talevski from Activus Investment Advisors goes through the day on the market.
The Australian Competition Tribunal has backed ACCC's decision to block a tie-up between Telstra and TPG regional infrastructure on the basis of competition concerns. SBS Finance Editor Ricardo Gonçalves speaks to Telecommunications Analyst Paul Budde to find out what the future is for regional telecoms. NSW has introduced new laws protecting retail workers following a rise in assaults in the sector; National Retail Association CEO Greg Griffith has the detail, plus Robert Talevski from Activus Investment Advisors goes through the day on the market.
13:14
21 Jun 23
Australia's economy continued to slow, expanding at just 0.2% in the March quarter as interest rate rises impact the consumer. SBS Finance Editor Ricardo Gonçalves speaks with BetaShares Chief Economist David Bassanese to find out if the nation can avoid a recession while VanEck's Jaime Hannah goes through the sharemarket reaction.
Australia's economy continued to slow, expanding at just 0.2% in the March quarter as interest rate rises impact the consumer. SBS Finance Editor Ricardo Gonçalves speaks with BetaShares Chief Economist David Bassanese to find out if the nation can avoid a recession while VanEck's Jaime Hannah goes through the sharemarket reaction.
11:38
7 Jun 23
The Fair Work Commission has approved a 5.75% rise to the minimum wage, but some economists fear that combined with stronger than expected inflation, flat productivity and accelerating home prices, it will force the Reserve Bank to lift official interest rates more than first thought. SBS Finance Editor Ricardo Gonçalves speaks with Jarden Group Chief Economist Carlos Cacho for his take, plus Tony Sycamore from IG Markets explains the impact on the sharemarket.
The Fair Work Commission has approved a 5.75% rise to the minimum wage, but some economists fear that combined with stronger than expected inflation, flat productivity and accelerating home prices, it will force the Reserve Bank to lift official interest rates more than first thought. SBS Finance Editor Ricardo Gonçalves speaks with Jarden Group Chief Economist Carlos Cacho for his take, plus Tony Sycamore from IG Markets explains the impact on the sharemarket.
09:53
2 Jun 23
Qantas says its upcoming ultra-long haul flights to Europe and North America will see $400m of earnings in the first full year it has all 12 aircraft flying, and that many of its frequent flyers continue to prioritise travelling over other categories like entertainment and beauty. SBS Finance Editor Ricardo Gonçalves discusses the update with Etoro's Josh Gilbert, along with the latest commentary from Wesfarmers about changing consumer behaviours and the latest on the sharemarket.
Qantas says its upcoming ultra-long haul flights to Europe and North America will see $400m of earnings in the first full year it has all 12 aircraft flying, and that many of its frequent flyers continue to prioritise travelling over other categories like entertainment and beauty. SBS Finance Editor Ricardo Gonçalves discusses the update with Etoro's Josh Gilbert, along with the latest commentary from Wesfarmers about changing consumer behaviours and the latest on the sharemarket.
08:16
30 May 23
The Reserve Bank has revised its forecasts for growth but still expects inflation to reach the top of its target band by 2025. SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Morningstar to find out what it means for interest rates, plus Carl Capolingua from ThinkMarkets on market moves including record profits from ANZ and Macquarie.
The Reserve Bank has revised its forecasts for growth but still expects inflation to reach the top of its target band by 2025. SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Morningstar to find out what it means for interest rates, plus Carl Capolingua from ThinkMarkets on market moves including record profits from ANZ and Macquarie.
11:36
5 May 23
NAB has posted a 17% rise in half year profit to $4.07bn, but its shares, along with the rest of the banking sector, were punished. SBS Finance Editor Ricardo Gonçalves speaks with Morningstar Senior Equities Analyst Nathan Zaia for more, plus hear from Evan Lucas from InvestSMART go through the rest of the day's market news, including another rate rise for the US.
NAB has posted a 17% rise in half year profit to $4.07bn, but its shares, along with the rest of the banking sector, were punished. SBS Finance Editor Ricardo Gonçalves speaks with Morningstar Senior Equities Analyst Nathan Zaia for more, plus hear from Evan Lucas from InvestSMART go through the rest of the day's market news, including another rate rise for the US.
12:53
4 May 23
Australian house prices rose for a second consecutive month. Rhayna Bosch speaks with Tim Lawless from CoreLogic for more, plus SBS Finance Editor Ricardo Gonçalves takes a look at the day's sharemarket action with David Berthon-Jones from Aequitas Investment Partners.
Australian house prices rose for a second consecutive month. Rhayna Bosch speaks with Tim Lawless from CoreLogic for more, plus SBS Finance Editor Ricardo Gonçalves takes a look at the day's sharemarket action with David Berthon-Jones from Aequitas Investment Partners.
14:03
1 May 23
Australian fashion designer Katie Perry has won a trademark case against US singer Katy Perry - Rhayna Bosch speaks with the designer. Plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Heath Moss from HLM Investments.
Australian fashion designer Katie Perry has won a trademark case against US singer Katy Perry - Rhayna Bosch speaks with the designer. Plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Heath Moss from HLM Investments.
11:59
28 Apr 23
The government has backed all 51 recommendations into a review of the Reserve Bank. SBS Finance Editor Ricardo Gonçalves speaks with Tim Harcourt from UTS and Warren Hogan from Judo Bank for their take and what it means for Australia's central bank.
The government has backed all 51 recommendations into a review of the Reserve Bank. SBS Finance Editor Ricardo Gonçalves speaks with Tim Harcourt from UTS and Warren Hogan from Judo Bank for their take and what it means for Australia's central bank.
09:15
20 Apr 23
Housing supply is not lifting in line with demand and that'll mean higher rents for longer and underpin home price rises. SBS Finance Editor Ricardo Gonçalves speaks with Diana Mousina from AMP Capital to find out more including what can be done; plus the day on the markets with Stuart Roberts from Stocks Down Under.
Housing supply is not lifting in line with demand and that'll mean higher rents for longer and underpin home price rises. SBS Finance Editor Ricardo Gonçalves speaks with Diana Mousina from AMP Capital to find out more including what can be done; plus the day on the markets with Stuart Roberts from Stocks Down Under.
10:17
17 Apr 23
Scams are on the rise, so the Australian Banking Association has unveiled a new campaign to alert consumers to the dangers of scammers along with the responsibilities of the banks. SBS Finance Editor Ricardo Gonçalves speaks with ABA CEO Anna Bligh for more, plus the latest from the markets, including a ransom received by Latitude Financial, with Jamie Hannah from VanEck.
Scams are on the rise, so the Australian Banking Association has unveiled a new campaign to alert consumers to the dangers of scammers along with the responsibilities of the banks. SBS Finance Editor Ricardo Gonçalves speaks with ABA CEO Anna Bligh for more, plus the latest from the markets, including a ransom received by Latitude Financial, with Jamie Hannah from VanEck.
14:01
11 Apr 23
The Reserve Bank of Australia has decided to pause its interest rate rising cycle to assess the impact of its previous ten rate rises. SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Chief Economist Stephen Halmarick and Macquarie Group's Martin Lakos to find out why, the future direction of interest rates and implication for shares.
The Reserve Bank of Australia has decided to pause its interest rate rising cycle to assess the impact of its previous ten rate rises. SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Chief Economist Stephen Halmarick and Macquarie Group's Martin Lakos to find out why, the future direction of interest rates and implication for shares.
11:14
4 Apr 23
Home values rose 0.6 per cent in March despite higher interest rates. Rhayna Bosch speaks with Tim Lawless from CoreLogic to explain why along with the future direction of house prices. Plus, SBS Finance Editor Ricardo Gonçalves discusses the latest moves by OPEC+ to restrict supply with SPI Asset Management's Stephen Innes while Elio D'Amato from Stockopedia goes through the day's market action.
Home values rose 0.6 per cent in March despite higher interest rates. Rhayna Bosch speaks with Tim Lawless from CoreLogic to explain why along with the future direction of house prices. Plus, SBS Finance Editor Ricardo Gonçalves discusses the latest moves by OPEC+ to restrict supply with SPI Asset Management's Stephen Innes while Elio D'Amato from Stockopedia goes through the day's market action.
14:08
3 Apr 23
Bank impersonation scams are on the rise, with the ACCC saying victims lost more than $20 million last year. Ben Terry speaks with ACCC Deputy Chair Catriona Lowe to find out how you can identify a bank impersonation scam and what you can do about it. Plus, SBS Finance Editor Ricardo Gonçalves speaks with Jody Fitzgerald from Morningstar on the day's market action, including her thoughts on the direction of local interest rates and dividends.
Bank impersonation scams are on the rise, with the ACCC saying victims lost more than $20 million last year. Ben Terry speaks with ACCC Deputy Chair Catriona Lowe to find out how you can identify a bank impersonation scam and what you can do about it. Plus, SBS Finance Editor Ricardo Gonçalves speaks with Jody Fitzgerald from Morningstar on the day's market action, including her thoughts on the direction of local interest rates and dividends.
14:32
30 Mar 23
Inflation in February eased more than expected, to an annual rate of 6.8 per cent, increasing the chances of an interest rate pause from the Reserve Bank next week. But low income households are still being disproportionately hit. SBS Finance Editor Ricardo Gonçalves speaks with Catherine Birch from ANZ for more, while Niv Dagan from Peak Asset Management goes through the market reaction.
Inflation in February eased more than expected, to an annual rate of 6.8 per cent, increasing the chances of an interest rate pause from the Reserve Bank next week. But low income households are still being disproportionately hit. SBS Finance Editor Ricardo Gonçalves speaks with Catherine Birch from ANZ for more, while Niv Dagan from Peak Asset Management goes through the market reaction.
08:16
29 Mar 23
Retail sales rose slightly in February, but are we spending more for less as inflation bites? SBS Finance Editor Ricardo Gonçalves speaks with Katrina Ell From Moody's Analytics to find out more, including what it means for the RBA's April board meeting. Plus, Catherine Allfrey from Wavestone Capital takes a look at the day's market action, including a standout performance from the lithium sector.
Retail sales rose slightly in February, but are we spending more for less as inflation bites? SBS Finance Editor Ricardo Gonçalves speaks with Katrina Ell From Moody's Analytics to find out more, including what it means for the RBA's April board meeting. Plus, Catherine Allfrey from Wavestone Capital takes a look at the day's market action, including a standout performance from the lithium sector.
10:10
28 Mar 23
The Bank of England was one of three central banks to lift interest rates overnight, so with more continuing to push higher despite the recent global banking concerns, SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP Capital to find out what it means for the RBA. Plus the dividend payment timeline ramps up.
The Bank of England was one of three central banks to lift interest rates overnight, so with more continuing to push higher despite the recent global banking concerns, SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP Capital to find out what it means for the RBA. Plus the dividend payment timeline ramps up.
07:53
24 Mar 23
Brickworks CEO Lindsay Partridge warns that building costs will remain high because of a shortage of labour, especially electricians. SBS Finance Editor Ricardo Gonçalves speaks with him to find out more and how inflationary costs are being passed onto consumers. Plus, Tony Sycamore from IG Markets goes through the US Federal Reserve's decision to lift official interest rates there to 5%.
Brickworks CEO Lindsay Partridge warns that building costs will remain high because of a shortage of labour, especially electricians. SBS Finance Editor Ricardo Gonçalves speaks with him to find out more and how inflationary costs are being passed onto consumers. Plus, Tony Sycamore from IG Markets goes through the US Federal Reserve's decision to lift official interest rates there to 5%.
09:46
23 Mar 23
Sri Lanka will receive a $4.3bn bailout from the International Monetary Fund, but its economy still has a long way to go as much of its population endures poverty. SBS Finance Editor Ricardo Gonçalves speaks with Sri Lankan based Dilmah Tea CEO Dilhan C. Fernando to get a business perspective on what's next for the island nation. Plus Jun Bei Liu from Tribeca Investment Partners on the continuing recovery on the Australian sharemarket.
Sri Lanka will receive a $4.3bn bailout from the International Monetary Fund, but its economy still has a long way to go as much of its population endures poverty. SBS Finance Editor Ricardo Gonçalves speaks with Sri Lankan based Dilmah Tea CEO Dilhan C. Fernando to get a business perspective on what's next for the island nation. Plus Jun Bei Liu from Tribeca Investment Partners on the continuing recovery on the Australian sharemarket.
14:00
22 Mar 23
The RBA confirms in the minutes of its March board meeting that it is considering an interest rate pause in April, so SBS Finance Editor Ricardo Gonçalves speaks with Robert Talevski from Activus Investment Advisors for more, including a change in market sentiment following the UBS buy of Credit Suisse. Plus, Rhayna Bosch speaks with Domain's Nicola Powell to find out how falling property prices has reduced the time taken to save for a deposit for a first home.
The RBA confirms in the minutes of its March board meeting that it is considering an interest rate pause in April, so SBS Finance Editor Ricardo Gonçalves speaks with Robert Talevski from Activus Investment Advisors for more, including a change in market sentiment following the UBS buy of Credit Suisse. Plus, Rhayna Bosch speaks with Domain's Nicola Powell to find out how falling property prices has reduced the time taken to save for a deposit for a first home.
09:24
21 Mar 23
SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans Financial Limited.
SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans Financial Limited.
13:35
20 Mar 23
Eleven US banks have worked together to deposit US$30bn at smaller lender First Republic which had been caught up in the financial crisis triggered by the collapse of two mid-sized US banks over the past week. SBS Finance Editor Ricardo Gonçalves speaks with ANZ's Mahjabeen Zaman to get her take on the latest banking developments and to find out if she's worried. Plus, Westpac revises its RBA call, and now expects a pause in April. Hear from Senior Economist Matthew Hassan.
Eleven US banks have worked together to deposit US$30bn at smaller lender First Republic which had been caught up in the financial crisis triggered by the collapse of two mid-sized US banks over the past week. SBS Finance Editor Ricardo Gonçalves speaks with ANZ's Mahjabeen Zaman to get her take on the latest banking developments and to find out if she's worried. Plus, Westpac revises its RBA call, and now expects a pause in April. Hear from Senior Economist Matthew Hassan.
09:39
17 Mar 23
Global markets have been rocked by further developments in the banking sector with Credit Suisse shares plummeting in Europe on Wednesday night after one of the bank's major shareholders said it wouldn't increase its stake in the company. SBS Finance Editor Ricardo Gonçalves speaks with Angel Zhong from RMIT University to find out if this, combined with the Silicon Valley Bank collapse will lead to another global financial crisis, while Chris Weston from Pepperstone takes a look at the way investors are feeling. Plus, AMP Capital's Diana Mousina goes through the latest jobs report, which showed a fall in the February unemployment rate to 3.5% and what it means for interest rates.
Global markets have been rocked by further developments in the banking sector with Credit Suisse shares plummeting in Europe on Wednesday night after one of the bank's major shareholders said it wouldn't increase its stake in the company. SBS Finance Editor Ricardo Gonçalves speaks with Angel Zhong from RMIT University to find out if this, combined with the Silicon Valley Bank collapse will lead to another global financial crisis, while Chris Weston from Pepperstone takes a look at the way investors are feeling. Plus, AMP Capital's Diana Mousina goes through the latest jobs report, which showed a fall in the February unemployment rate to 3.5% and what it means for interest rates.
17:09
16 Mar 23
The Australian Energy Regulator has approved price rises of around 20 per cent for some New South Wales, South Australian and south-east Queensland customers from July 1. Rhayna Bosch speaks with Gavin Dufty from the St Vincent de Paul Society Victoria for more. Plus SBS Finance Editor Ricardo Gonçalves speaks with Francesco De Stradis from Ord Minnett who says the recent sell-off sparked by the collapse of Silicon Valley Bank was overdone.
The Australian Energy Regulator has approved price rises of around 20 per cent for some New South Wales, South Australian and south-east Queensland customers from July 1. Rhayna Bosch speaks with Gavin Dufty from the St Vincent de Paul Society Victoria for more. Plus SBS Finance Editor Ricardo Gonçalves speaks with Francesco De Stradis from Ord Minnett who says the recent sell-off sparked by the collapse of Silicon Valley Bank was overdone.
10:31
15 Mar 23
SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey to find out what's really concerning the market and if it is warranted, while Mathan Somasundaram from Deep Data Analytics weighs in.
SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey to find out what's really concerning the market and if it is warranted, while Mathan Somasundaram from Deep Data Analytics weighs in.
11:05
14 Mar 23
SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management to find out more about why the bank failed and what it means for global markets.
SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management to find out more about why the bank failed and what it means for global markets.
08:00
13 Mar 23
The Australian sharemarket has recorded its worst day in six months after fears of higher interest rates and a potential niche bank collapse in the United States hit investor sentiment. SBS Finance Editor Ricardo Gonçalves speaks with Carl Capolingua from ThinkMarkets to get his thoughts on the day's market action.
The Australian sharemarket has recorded its worst day in six months after fears of higher interest rates and a potential niche bank collapse in the United States hit investor sentiment. SBS Finance Editor Ricardo Gonçalves speaks with Carl Capolingua from ThinkMarkets to get his thoughts on the day's market action.
06:35
10 Mar 23
The Australian sharemarket only finished marginally higher as some of the market's biggest companies trades ex-dividend. SBS Finance Editor Ricardo Goncalves speaks with Evan Lucas from InvestSMART for more, including the latest updates from Myer and Xero, plus CEDA's Andrew Barker explains the extent to which lower income households are being hit by the rising cost of living.
The Australian sharemarket only finished marginally higher as some of the market's biggest companies trades ex-dividend. SBS Finance Editor Ricardo Goncalves speaks with Evan Lucas from InvestSMART for more, including the latest updates from Myer and Xero, plus CEDA's Andrew Barker explains the extent to which lower income households are being hit by the rising cost of living.
11:51
9 Mar 23
The Australian economy expanded by a less than expected 0.5% in the December quarter, but it still remains one of the best performing advanced economies in the world. SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster for more; Hebe Chen from IG Markets looks at the sharemarket reaction; and find out if the recent pause in property price declines can continue as Rhayna Bosch talks with Tim Lawless from CoreLogic.
The Australian economy expanded by a less than expected 0.5% in the December quarter, but it still remains one of the best performing advanced economies in the world. SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster for more; Hebe Chen from IG Markets looks at the sharemarket reaction; and find out if the recent pause in property price declines can continue as Rhayna Bosch talks with Tim Lawless from CoreLogic.
12:08
1 Mar 23
SBS Finance Editor Ricardo Gonçalves speaks with Oreana Group Chief Investment Officer Isaac Poole for more; plus SEEK Senior economist Matt Cowgill on the direction of wages.
SBS Finance Editor Ricardo Gonçalves speaks with Oreana Group Chief Investment Officer Isaac Poole for more; plus SEEK Senior economist Matt Cowgill on the direction of wages.
10:12
28 Feb 23
APRA has maintained the interest rate buffer banks need to apply when assessing new borrowers. SBS Finance Editor Ricardo Gonçalves speaks with Sam Garland from PwC Australia for more; plus David Berthon-Jones, CFA from Aequitas Investments on why the sharemarket fell to a seven week low; and how to claim your share of $16bn in lost superannuation from the Australian Taxation Office.
APRA has maintained the interest rate buffer banks need to apply when assessing new borrowers. SBS Finance Editor Ricardo Gonçalves speaks with Sam Garland from PwC Australia for more; plus David Berthon-Jones, CFA from Aequitas Investments on why the sharemarket fell to a seven week low; and how to claim your share of $16bn in lost superannuation from the Australian Taxation Office.
08:28
27 Feb 23
Australia's gender pay gap has narrowed to a record low of 13.3% but that still means for every $1 men make, women make 87 cents. SBS Finance Editor Ricardo Gonçalves speaks with Mary Wooldridge from the Workplace Gender Equality Agency for more; plus a wrap of the day on the markets including profit reporting season with Jessica Amir from Saxo Markets.
Australia's gender pay gap has narrowed to a record low of 13.3% but that still means for every $1 men make, women make 87 cents. SBS Finance Editor Ricardo Gonçalves speaks with Mary Wooldridge from the Workplace Gender Equality Agency for more; plus a wrap of the day on the markets including profit reporting season with Jessica Amir from Saxo Markets.
09:00
24 Feb 23
Qantas returned to profit with a record $1.34 billion underlying earnings result despite years of losses during the pandemic.
Qantas returned to profit with a record $1.34 billion underlying earnings result despite years of losses during the pandemic.
13:10
23 Feb 23
Wages grew at the fastest annual pace in nearly a decade, but with inflation running at more than double that, real wages has gone backward. SBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Economist Paul Bloxham to find out what this means for interest rates; Rhayna Bosch chats with Flight Centre CEO Graham Turner to get an update on the aviation sector; and Mark Gardner from Maqro Capital goes through the day's profit reports.
Wages grew at the fastest annual pace in nearly a decade, but with inflation running at more than double that, real wages has gone backward. SBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Economist Paul Bloxham to find out what this means for interest rates; Rhayna Bosch chats with Flight Centre CEO Graham Turner to get an update on the aviation sector; and Mark Gardner from Maqro Capital goes through the day's profit reports.
16:10
22 Feb 23
BHP has posted a 32 per cent fall in half year profit, but CFO David Lamont tells SBS Finance Editor Ricardo Gonçalves he sees green shoots in China and combined with India, bodes well for the company's outlook as the rest of the world slows. Plus, Michael Jenneke from Credit Suisse looks though the miner's result.
BHP has posted a 32 per cent fall in half year profit, but CFO David Lamont tells SBS Finance Editor Ricardo Gonçalves he sees green shoots in China and combined with India, bodes well for the company's outlook as the rest of the world slows. Plus, Michael Jenneke from Credit Suisse looks though the miner's result.
14:08
21 Feb 23
Bendigo and Adelaide Bank CEO Marnie Baker tells SBS Finance Editor Ricardo Gonçalves how the bank's customers are set to cope with what she expects will be another two official interest rate rises.
Bendigo and Adelaide Bank CEO Marnie Baker tells SBS Finance Editor Ricardo Gonçalves how the bank's customers are set to cope with what she expects will be another two official interest rate rises.
16:34
20 Feb 23
The ATO has made some changes to the way you can claim work from home tax deductions, and you may not even need a home office to benefit. Rhayna Bosch speaks with Commissioner Tim Loh for more, plus SBS Finance Editor Ricardo Gonçalves speaks with James Whelan from VFS Group on the day on the markets
The ATO has made some changes to the way you can claim work from home tax deductions, and you may not even need a home office to benefit. Rhayna Bosch speaks with Commissioner Tim Loh for more, plus SBS Finance Editor Ricardo Gonçalves speaks with James Whelan from VFS Group on the day on the markets
08:20
17 Feb 23
SBS Finance Editor Ricardo Gonçalves speaks with Angela Jackson from Impact Economics and Policy Economics plus Telstra CFO Michael Ackland as well as Domain CEO Jason Pellegrino.
SBS Finance Editor Ricardo Gonçalves speaks with Angela Jackson from Impact Economics and Policy Economics plus Telstra CFO Michael Ackland as well as Domain CEO Jason Pellegrino.
18:06
16 Feb 23
The Commonwealth Bank has posted a record half-year cash profit as net interest margins rise, so SBS Finance Editor Ricardo Gonçalves speaks with CEO Matt Comyn for more, including his take on whether enough is being done for savers; plus a one-on-one with Cochlear CEO Dig Howitt, and the latest on the sharemarket with James Gerrish from Shaw and Partners.
The Commonwealth Bank has posted a record half-year cash profit as net interest margins rise, so SBS Finance Editor Ricardo Gonçalves speaks with CEO Matt Comyn for more, including his take on whether enough is being done for savers; plus a one-on-one with Cochlear CEO Dig Howitt, and the latest on the sharemarket with James Gerrish from Shaw and Partners.
19:15
15 Feb 23
NAB is the latest to lift its prediction for a peak in official interest rates to 4.1% even as Westpac's Consumer Sentiment Index falls to historic lows. Rhayna Bosch speaks with NAB Chief Economist Alan Oster for more; plus SBS Finance Editor Ricardo Gonçalves speaks with Jamie Hannah from VanEck on the day on the markets
NAB is the latest to lift its prediction for a peak in official interest rates to 4.1% even as Westpac's Consumer Sentiment Index falls to historic lows. Rhayna Bosch speaks with NAB Chief Economist Alan Oster for more; plus SBS Finance Editor Ricardo Gonçalves speaks with Jamie Hannah from VanEck on the day on the markets
10:58
14 Feb 23
This is the start of a busy week with RBA Governor Philip Lowe set to speak publicly for the first time since mid-December, while jobs data in Australia and inflation numbers in the US are set to move the markets. SBS Finance Editor Ricardo Gonçalves speaks with Matt Sherwood from Perpetual Limited for more; plus hear from JB Hi-Fi CEO Terry Smart on why the retailer may be offering further discounts as eToro's Josh Gilbert on the company's profit numbers.
This is the start of a busy week with RBA Governor Philip Lowe set to speak publicly for the first time since mid-December, while jobs data in Australia and inflation numbers in the US are set to move the markets. SBS Finance Editor Ricardo Gonçalves speaks with Matt Sherwood from Perpetual Limited for more; plus hear from JB Hi-Fi CEO Terry Smart on why the retailer may be offering further discounts as eToro's Josh Gilbert on the company's profit numbers.
10:40
13 Feb 23
UBS says middle-age households have wiped their excess savings at a time where cost of living pressures build following a ninth consecutive Reserve Bank interest rate rise.
UBS says middle-age households have wiped their excess savings at a time where cost of living pressures build following a ninth consecutive Reserve Bank interest rate rise.
09:41
8 Feb 23
The Reserve Bank has lifted official interest rates by 25 basis points to 3.35% in February and says more are still needed to temper inflation. SBS Finance Editor Ricardo Gonçalves speaks with AMP Capital Chief Economist Shane Oliver and Macquarie's Martin Lakos for more.
The Reserve Bank has lifted official interest rates by 25 basis points to 3.35% in February and says more are still needed to temper inflation. SBS Finance Editor Ricardo Gonçalves speaks with AMP Capital Chief Economist Shane Oliver and Macquarie's Martin Lakos for more.
10:14
7 Feb 23
The Bank of England and European Central Bank have followed the US Federal Reserve in lifting interest rates just as the Reserve Bank of Australia prepares to do the same next week. But is the tide turning, with the Australian sharemarket only about 100 points away from a record high? SBS Finance Editor Ricardo Gonçalves speaks with Omkar Joshi from Opal Capital Management for more.
The Bank of England and European Central Bank have followed the US Federal Reserve in lifting interest rates just as the Reserve Bank of Australia prepares to do the same next week. But is the tide turning, with the Australian sharemarket only about 100 points away from a record high? SBS Finance Editor Ricardo Gonçalves speaks with Omkar Joshi from Opal Capital Management for more.
06:14
3 Feb 23
CoreLogic says national prices fell 8.9% since peaking in April, making it the hardest and fastest period of declines since 1980 when its records began. So where to now? SBS Finance Editor Ricardo Gonçalves speaks with CoreLogic's Tim Lawless for more; plus the day on the markets with Niv Dagan from Peak Asset Management.
CoreLogic says national prices fell 8.9% since peaking in April, making it the hardest and fastest period of declines since 1980 when its records began. So where to now? SBS Finance Editor Ricardo Gonçalves speaks with CoreLogic's Tim Lawless for more; plus the day on the markets with Niv Dagan from Peak Asset Management.
07:44
1 Feb 23
Social media influencers are being warned to be transparent when posting paid content because the ACCC is currently sweeping through hundreds of accounts. Hear from ACCC Chair Gina Cass-Gottlieb on why it's being done and the steps influencers can take to do the right thing; plus SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bogdan from Blackmores Capital for the day on the market including the surprisingly strong US GDP result.
Social media influencers are being warned to be transparent when posting paid content because the ACCC is currently sweeping through hundreds of accounts. Hear from ACCC Chair Gina Cass-Gottlieb on why it's being done and the steps influencers can take to do the right thing; plus SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bogdan from Blackmores Capital for the day on the market including the surprisingly strong US GDP result.
01:08
27 Jan 23
Annual inflation edged to 7.8 per cent in the December quarter but has broadened to wider parts of the economy, adding to fears, it may have more to run. SBS Finance Editor Ricardo Gonçalves speaks with St George Bank Chief Economist Besa Deda to explain why, and the implication for interest rates while Jun Bei Liu from Tribeca Investment Partners takes a look at the impact on the markets.
Annual inflation edged to 7.8 per cent in the December quarter but has broadened to wider parts of the economy, adding to fears, it may have more to run. SBS Finance Editor Ricardo Gonçalves speaks with St George Bank Chief Economist Besa Deda to explain why, and the implication for interest rates while Jun Bei Liu from Tribeca Investment Partners takes a look at the impact on the markets.
08:17
25 Jan 23
The NAB Business Survey continues to show a fall in conditions as businesses fear a slowdown in economic activity will impact on their operations, but at the same time, they've reported an easing of some inflationary pressures. SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster for more; plus Robert Talevski from Activus Investment Advisors on the day on the markets.
The NAB Business Survey continues to show a fall in conditions as businesses fear a slowdown in economic activity will impact on their operations, but at the same time, they've reported an easing of some inflationary pressures. SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster for more; plus Robert Talevski from Activus Investment Advisors on the day on the markets.
09:33
24 Jan 23
The Australian economy lost 14,600 jobs in December, despite the unemployment rate remaining at 3.5%. SBS Finance Editor Ricardo Gonçalves speaks with IFM Investors Chief Economist Alex Joiner to find out why the best of the jobs market is behind us; plus Chris Weston from Pepperstone explains the market reaction and implicatoin for interest rates.
The Australian economy lost 14,600 jobs in December, despite the unemployment rate remaining at 3.5%. SBS Finance Editor Ricardo Gonçalves speaks with IFM Investors Chief Economist Alex Joiner to find out why the best of the jobs market is behind us; plus Chris Weston from Pepperstone explains the market reaction and implicatoin for interest rates.
07:57
19 Jan 23
India is on track to become the world's most populous nation after China recorded a 850,000 person decline in its population in 2022, so SBS Finance Editor Ricardo Gonçalves speaks with Hong Kong based economist Janu Chan to find out what the implications are, along with Mathan Somasundaram from Deep Data Analytics for the market reaction as China's GDP slows to 3 per cent annually; while Bill Evans from Westpac takes a look at the way consumers are feeling in the new year.
India is on track to become the world's most populous nation after China recorded a 850,000 person decline in its population in 2022, so SBS Finance Editor Ricardo Gonçalves speaks with Hong Kong based economist Janu Chan to find out what the implications are, along with Mathan Somasundaram from Deep Data Analytics for the market reaction as China's GDP slows to 3 per cent annually; while Bill Evans from Westpac takes a look at the way consumers are feeling in the new year.
12:55
17 Jan 23
The Australian dollar has broken through the US70c mark for the first time since August, so SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management Ltd to find out why and discusses a potential Virgin Australia IPO and whether it would be successful.
The Australian dollar has broken through the US70c mark for the first time since August, so SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management Ltd to find out why and discusses a potential Virgin Australia IPO and whether it would be successful.
08:23
16 Jan 23
US inflation came in softer than expected at 6.5 per cent for the year, so SBS Finance Editor Ricardo Gonçalves speaks with KPMG Chief Economist Dr Brendan Rynne to find out the implications for global interest rates
US inflation came in softer than expected at 6.5 per cent for the year, so SBS Finance Editor Ricardo Gonçalves speaks with KPMG Chief Economist Dr Brendan Rynne to find out the implications for global interest rates
06:48
16 Jan 23
Only one in four small businesses have a disaster plan which would help ease the pressure when things like floods or fires hit, but governments and the general business community also have a role to play. SBS Finance Editor Ricardo Gonçalves speaks with Australian Small Business and Family Enterprise Ombudsman Bruce Billson for more; plus Evan Lucas from InvestSMART Group Limited on why the market is having a brilliant start to the new year.
Only one in four small businesses have a disaster plan which would help ease the pressure when things like floods or fires hit, but governments and the general business community also have a role to play. SBS Finance Editor Ricardo Gonçalves speaks with Australian Small Business and Family Enterprise Ombudsman Bruce Billson for more; plus Evan Lucas from InvestSMART Group Limited on why the market is having a brilliant start to the new year.
11:36
12 Jan 23
Inflation, job vacancies and record retail sales point to more rate hikes to come. The November CPI Indicator returned to 7.3 per cent annually, and when combined with another record retail sales result and high job vacancies report, also released today, they give the RBA scope to continue lifting official interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Moody's Analytics for more; plus the day on the markets with Luke Laretive from Seneca Financial Solutions.
Inflation, job vacancies and record retail sales point to more rate hikes to come. The November CPI Indicator returned to 7.3 per cent annually, and when combined with another record retail sales result and high job vacancies report, also released today, they give the RBA scope to continue lifting official interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Moody's Analytics for more; plus the day on the markets with Luke Laretive from Seneca Financial Solutions.
11:31
11 Jan 23
SBS Finance Editor Ricardo Gonçalves speaks with Tony Sycamore from IG Markets for his take on the day on the markets.
SBS Finance Editor Ricardo Gonçalves speaks with Tony Sycamore from IG Markets for his take on the day on the markets.
09:21
10 Jan 23
Home values have fallen 8.4 per cent in eight months, so what now for the property market?
Home values have fallen 8.4 per cent in eight months, so what now for the property market?
11:49
9 Jan 23
A new report shows only one in four Australians know their super exact super balance, and of those, 54 per cent say their in an above average performing fund. SBS Finance Editor Ricardo Goncalves speaks with Georgia Brumby, Director of Advocacy at Industry Super Australia for more; plus Heath Moss from HLM Investments for the day on the markets.
A new report shows only one in four Australians know their super exact super balance, and of those, 54 per cent say their in an above average performing fund. SBS Finance Editor Ricardo Goncalves speaks with Georgia Brumby, Director of Advocacy at Industry Super Australia for more; plus Heath Moss from HLM Investments for the day on the markets.
10:00
6 Jan 23
China's reopening is sending mixed messages to investors, with some concerned about the way the nation will manage its quick lifting of restrictions and the impact to growth, while others say it's an opportuntiy. SBS Finance Editor Ricardo Gonçalves speaks with Hebe Chen from IG Markets Securities Limited for more. Plus Charlie Page chats to GrainCorp's Chief Operations Officer Klaus Pamminger as agri product prices surge and exports to China.
China's reopening is sending mixed messages to investors, with some concerned about the way the nation will manage its quick lifting of restrictions and the impact to growth, while others say it's an opportuntiy. SBS Finance Editor Ricardo Gonçalves speaks with Hebe Chen from IG Markets Securities Limited for more. Plus Charlie Page chats to GrainCorp's Chief Operations Officer Klaus Pamminger as agri product prices surge and exports to China.
10:26
5 Jan 23
Tesla shares fell 12 per cent in the US overnight, and is down more than 70 per cent over the past year, despite a 40 per cent lift in deliveries. Are investors concerned about the company itself, the future of electric vehicles or a global recession? SBS Finance Editor Ricardo Gonçalves speaks with eToro analyst Josh Gilbert for more; plus Ben Clark from TMS Capital on the day on the markets.
Tesla shares fell 12 per cent in the US overnight, and is down more than 70 per cent over the past year, despite a 40 per cent lift in deliveries. Are investors concerned about the company itself, the future of electric vehicles or a global recession? SBS Finance Editor Ricardo Gonçalves speaks with eToro analyst Josh Gilbert for more; plus Ben Clark from TMS Capital on the day on the markets.
07:35
4 Jan 23
SBS Finance Editor Ricardo Gonçalves speaks with CoreLogic's Tim Lawless for more; plus Stuart Roberts from Stocks Down Under on the day on the markets including why shares started the new year on a very rough note.
SBS Finance Editor Ricardo Gonçalves speaks with CoreLogic's Tim Lawless for more; plus Stuart Roberts from Stocks Down Under on the day on the markets including why shares started the new year on a very rough note.
07:05
3 Jan 23
The Australian share market fell 3.5 per cent in December, so if investors were waiting for a 'Santa Rally', they would have been disappointed. SBS Finance Editor Ricardo Gonçalves speaks with Carl Capolingua from ThinkMarkets to find out if the Santa Rally is a myth or more common than we think.
The Australian share market fell 3.5 per cent in December, so if investors were waiting for a 'Santa Rally', they would have been disappointed. SBS Finance Editor Ricardo Gonçalves speaks with Carl Capolingua from ThinkMarkets to find out if the Santa Rally is a myth or more common than we think.
05:41
23 Dec 22
As the Christmas rush approaches, many people will opt for gift cards as present option, so what do you need to know about them? SBS Finance Editor Ricardo Gonçalves speaks with Sally Tindall from RateCity for more; plus Raymond Chan from Morgans Financial Limited goes through the day on the markets, including why China will be a key theme for investors in 2023.
As the Christmas rush approaches, many people will opt for gift cards as present option, so what do you need to know about them? SBS Finance Editor Ricardo Gonçalves speaks with Sally Tindall from RateCity for more; plus Raymond Chan from Morgans Financial Limited goes through the day on the markets, including why China will be a key theme for investors in 2023.
14:49
22 Dec 22
CoreLogic says the proportion of homes being sold at a loss is rising. SBS Finance Editor Ricardo Gonçalves speaks with Eliza Owen to find out more; plus Mike Jenneke from Credit Suisse takes a look at the day on the market, including what investors think about Penny Wong's visit to China.
CoreLogic says the proportion of homes being sold at a loss is rising. SBS Finance Editor Ricardo Gonçalves speaks with Eliza Owen to find out more; plus Mike Jenneke from Credit Suisse takes a look at the day on the market, including what investors think about Penny Wong's visit to China.
10:13
21 Dec 22