Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
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
The RBA left official interest rates at 4.35% but warns the war on inflation isn't yet won. Hear from Governor Michele Bullock, plus SBS Finance Editor Ricardo Gonçalves speaks with Angela Jackson from Impact Economics and Policy for her take on the decision including when interest rates could start to fall, and the market reaction with Joe Youssef from Areus Asset Management.
The RBA left official interest rates at 4.35% but warns the war on inflation isn't yet won. Hear from Governor Michele Bullock, plus SBS Finance Editor Ricardo Gonçalves speaks with Angela Jackson from Impact Economics and Policy for her take on the decision including when interest rates could start to fall, and the market reaction with Joe Youssef from Areus Asset Management.
12:10
19 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
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
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
The conflict in the Middle-East may cement fears global interest rates may stay high for longer. SBS Finance Editor Ricardo Gonçalves speaks with Nick Schoenmaker CFA, FRM from Drummond Capital Partners for more, plus Grady Wulff from Bell Direct explains how Gina Rinehart stopped a $6.6bn takeover attempt of a WA lithium miner.
The conflict in the Middle-East may cement fears global interest rates may stay high for longer. SBS Finance Editor Ricardo Gonçalves speaks with Nick Schoenmaker CFA, FRM from Drummond Capital Partners for more, plus Grady Wulff from Bell Direct explains how Gina Rinehart stopped a $6.6bn takeover attempt of a WA lithium miner.
12:13
16 Oct 23
The Australian share market has risen despite the ongoing Hamas-Israel conflict. SBS Finance Editor Ricardo Gonçalves speaks with Dianne Colledge from Morgans Financial Limited to find out more, while Rhayna Bosch speaks with NAB Chief Economist Alan Oster who explains why the growth in business costs is starting to ease.
The Australian share market has risen despite the ongoing Hamas-Israel conflict. SBS Finance Editor Ricardo Gonçalves speaks with Dianne Colledge from Morgans Financial Limited to find out more, while Rhayna Bosch speaks with NAB Chief Economist Alan Oster who explains why the growth in business costs is starting to ease.
10:27
10 Oct 23
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.
10:54
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
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
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