Business Now with Ross Greenwood

Computer chip maker Nvidia helps out the Australian government by doubling the value of PsiQuantum after a $1 billion fundraising. Plus, global gas prices are volatile after Israel's attempt to kill Hamas leaders in the independent state of Doha.See omnystudio.com/listener for privacy information.

Oil and gold surge after Israel launches an air strike on Doha, there are worries that industry wide bargaining may spark increased union actrion. Plus, a start-up launches a plan to build local AI.See omnystudio.com/listener for privacy information.

ANZ slashes 3,500 jobs in a major restructure, Lachlan Murdoch takes full control of News Corporation. Plus, the former CEO of PWC is banned from practising as a tax agent.See omnystudio.com/listener for privacy information.

Coles and Woolworths face a billion dollar hit after a Federal Court ruling on worker underpayment, the government’s housing target looks shaky. Plus Warren Hogan warns productivity woes could threaten living standards and interest rate cuts.See omnystudio.com/listener for privacy information.

Orica flags strong finish to the year, court blocks Mayfair 101 director for 15 years, Coles reviews staff pay arrangements. Plus, annual growth at strongest pace in 2 years.See omnystudio.com/listener for privacy information.

Copper and gold prices continue to hit record highs, iron ore bosses warn their boom may not last. Plus, the Reserve Bank Governor signals fewer rate cuts than markets had expected.See omnystudio.com/listener for privacy information.

Annual GDP jumps to 1.8 per cent in the June quarter, Santos announces it will produce gas in Beetaloo Basin next year, Klarna announces its US IPO. Plus, Xerocon 2025 kicks off in Brisbane.See omnystudio.com/listener for privacy information.

Mathias Cormann urges the Coalition not to abandon net zero targets, ABARES marks 40 years while forecasting record crops. Plus, the government confirms permanent migration will stay at 185,000 people per year.See omnystudio.com/listener for privacy information.

House prices across the country surge 0.5 per cent in August, hitting a new record high. Plus, as profit season wraps up, June quarter GDP is tipped to accelerate.See omnystudio.com/listener for privacy information.

Virgin Australia 2025 profit soars by 28 percent to 664 million dollars, The Star Entertainment reports a net loss of nearly 472 million dollars in the recent financial year. Plus, Australia Post delivers a pre-tax profit of 18.8 million dollars. See omnystudio.com/listener for privacy information.

Profit reporting season is almost at an end with Qantas, Wesfarmers and Medibank reporting today. Plus, NVIDIA shares tumble despite strong Q2 results.See omnystudio.com/listener for privacy information.

Monthly inflation jumps 2.8 per cent in July, profit reporting season in full swing with Flight Centre, Domino's Pizza and WiseTech results out today. Plus, Woolworths shares tumble after its profit plunges 17 per cent.See omnystudio.com/listener for privacy information.

Australia Post suspends postage to the US as new tariffs are about to start. Plus, profit continues to roll in with Coles, SPC and Fortescue reporting their FY25 results. See omnystudio.com/listener for privacy information.

The stock market hits another record high after Jerome Powell hints US rates will fall, the prime minister cools talk of major reform after last week’s roundtable. Plus, Endeavour Group profit drops 17 per cent to $426 million.See omnystudio.com/listener for privacy information.

Economic reform roundtable wraps up, ASX 200 cracks 9,000 points for the first time, defence stocks rocket on geopolitical tensions. Plus, Inghams shares tumble on profit results.See omnystudio.com/listener for privacy information.

The ASX 200 cracks 9,000 for the first time, profit results keep rolling in with warehouse logistics company Brambles reporting strong earnings. Plus, soaring energy costs threaten Australia's competitiveness.See omnystudio.com/listener for privacy information.

Senator Matt Canavan discusses the government's economic and productivity roundtable, cheaper energy prices are key to a more productive economy. Plus, some massive share price moves again as companies release their profits and losses.See omnystudio.com/listener for privacy information.

CSL to slash 3,000 jobs in major restructure, the government’s economic roundtable kicks off in Canberra. Plus, Challenger posts a nine per cent profit jump to $456 million.See omnystudio.com/listener for privacy information.

Qantas is fined $90 million for illegally sacking workers during COVID, the stock market defies expectations and reaches a new intraday record high. Plus, BlueScope CEO Mark Vassella talks profit results.See omnystudio.com/listener for privacy information.

The Australian stock market surges to a new record high due to a rally on Wall Street and the RBA cutting interest rates on Tuesday. Plus, the Trump administration is reportedly interested in buying a stake in the American computer chip giant Intel.See omnystudio.com/listener for privacy information.

Profit reporting season continues with Telstra, Origin Energy and Pro Medicus results out today, Suncorp CEO talks profit results and insurance. Plus, the ASX hits a new record high. See omnystudio.com/listener for privacy information.

Profit reporting season is in full swing with the Commonwealth Bank, AGL Energy and IAG reporting results today. Plus, business groups push back on the ACTU's four-day work week proposal. See omnystudio.com/listener for privacy information.

The RBA cuts interest rates by 0.25 per cent but downgrades its forecasts for economic growth and productivity. Plus, The Star sells its stake in Brisbane’s $3.6 billion Queens Wharf project to Hong Kong co-owners.See omnystudio.com/listener for privacy information.

Electric vehicle drivers will pay a new road-user charge, the markets predict a 100 per cent chance that the RBA will cut rates tomorrow. Plus, Car Group and JB Hi-Fi report their full-year results.See omnystudio.com/listener for privacy information.

The ASX 200 sets a new record this week. The CEO of the Property Council outlines reforms that need to get the property sector back on track. Plus, Trump's 39 per cent tariff on Switzerland has blindsided watchmakers. See omnystudio.com/listener for privacy information.

Calls grow to break up the ASX monopoly in Australia, AMP releases its interim profit results. Plus, ACOSS submits recommendations to the upcoming economic roundtable. See omnystudio.com/listener for privacy information.

Jim Chalmers responds to criticism against the upcoming economic roundtable, the Department of Finance wants to lift the ban on PwC doing government work. Plus, REA Group CEO talks FY25 profit results. See omnystudio.com/listener for privacy information.

Nyrstar Port Pirie and Hobart smelters secures a $130 million rescue package, a new report highlights land use tensions between competing interests in Australia. Plus, Credit Corp CEO talks FY25 profit results.See omnystudio.com/listener for privacy information.

Bluescope and global steelmakers line-up to buy Whyalla Steelworks, Endeavour Group's acting CEO steps down. Plus, Argo Investments reports its FY25 results today. See omnystudio.com/listener for privacy information.

Trump holds Australia's tariffs at 10%. Plus, Capstone Copper kicks off profit reporting season, property prices reach a new record high in July. See omnystudio.com/listener for privacy information.

The Fed holds interest rates steady despite pressure from Donald Trump, retail sales surge 1.2 per cent in June. Plus, Trump's 50 per cent copper tariff sparks a price plunge. See omnystudio.com/listener for privacy information.

Inflation keeps falling and markets tip a rate cut at the next RBA meeting, shares in Ozempic maker Novo Nordisk plunge 30 percent overnight. Plus, Australia’s first homegrown orbital rocket launch ends in failure.See omnystudio.com/listener for privacy information.

The US market has remained resilient in the face of trade turmoil and inflation, the Australian dollar rallies trade deal hopes. Plus, Woodside takes over the Bass Strait oil and gas operations. See omnystudio.com/listener for privacy information.

The ABS is changing the way it calculates inflation. Plus, profit reporting season kicks off, the US & EU reach a trade deal, WiseTech appoints a new CEO.See omnystudio.com/listener for privacy information.

US President Trump and Fed Chair Jerome Powell clash over renovation costs. Plus, AFSA will scrutinise personal insolvencies as part of their new focus areas, Tesla shares tumble after their Q2 profit falls. See omnystudio.com/listener for privacy information.

Australia lifts the ban on US beef imports, shareholders are riled up over Macquarie Group's executive salaries. Plus, calls are growing to reform the PBS. See omnystudio.com/listener for privacy information.

Donald Trump announces a trade deal with Japan with a 15 per cent reciprocal tariff, the ASX 200 surges with a surprise increase on iron ore prices in the past few days. Plus, Albanese and Ley face-off in Question Time. See omnystudio.com/listener for privacy information.

The Labor government has a clear mandate for this term of Parliament, Insignia Financial is sold to private US equity firm CC Capital. Plus, ASIC cracks down on the financial hardship sector. See omnystudio.com/listener for privacy information.

The ASX 200 has its worst day in three months, a new report suggests radical changes to overhaul capital gains tax to stimulate home building. Plus, auctions boom in some states despite the RBA not cutting rates earlier this month.See omnystudio.com/listener for privacy information.

Australia's stockmarket soars to a record high breaking through the 8700-point barrier for the first time. Plus, TSMC & Netflix report their quarterly earnings, iron ore surges past $US100. See omnystudio.com/listener for privacy information.

The unemployment rate rises to 4.3 per cent in June, money laundering agency AUSTRAC pivots to new priorities. Plus, the ASX 200 soars to a new record high led by the major banks. See omnystudio.com/listener for privacy information.

Building activity data shows the government is way off its 1.2 million housing target, the ASX 200 has the worst one-day drop since May. Plus, Trump's tariffs spark higher inflation in the US. See omnystudio.com/listener for privacy information.