Business Now with Ross Greenwood

The mid-year economic and fiscal outlook has confirmed that Australia's federal budget will remain deeply in the red until at least the 2035 financial year. Plus, SMEs are under serious financial pressure. See omnystudio.com/listener for privacy information.

US Federal Reserve cuts rates to 3.75 per cent from 4 per cent, unemployment rate flat at 4.3 per cent in November. Plus, Ross Greenwood tours some stunning properties up for grabs. See omnystudio.com/listener for privacy information.

Markets lift after the US Federal Reserve cuts interest rates, Australia's unemployment rate remained steady in November at 4.3 per cent. Plus, one ASX-listed company announces plans to expand its footprint in New Zealand.See omnystudio.com/listener for privacy information.

Treasurer Jim Chalmers set to release the mid-year budget update next week. Plus, ASFA raises serious concerns with the federal government's plan to add APRA-regulated super funds to the Compensation Scheme of Last Resort.See omnystudio.com/listener for privacy information.

The Reserve Bank keeps interest rates on hold at 3.6 per cent, high demand for domestic air travel in spring leads to higher airfares for Aussie travellers. Plus, Paramount launches a hostile takeover bid for Warner Brothers.See omnystudio.com/listener for privacy information.

Jim Chalmers says the federal government's energy rebates will come to an end after Cabinet ruled out extending the scheme. Plus, Donald Trump raises potential antitrust concerns around Netflix's planned $108 billion takeover of Warner Brothers.See omnystudio.com/listener for privacy information.

OpenAI partnering up with NextDC to build the largest data centre in the southern hemisphere, Investment manager State Street releases their global market outlook. Plus, could there be a champagne shortage this Christmas?See omnystudio.com/listener for privacy information.

Money markets say the next move in interest rates will be up, ASIC completes its first ever survey of companies and their policies about whistle-blowers. Plus, a week out from the ban on major social media sites for under-16-year-olds kicks in.See omnystudio.com/listener for privacy information.

Australia's annual economic growth is faster than any time in two years but is still slower than government spending, Michele Bullock warns if inflation takes off, they will raise rates. Plus, buy now pay later companies tank on the stock market.See omnystudio.com/listener for privacy information.

The government's target of 1.2 million homes between now and 2030 is batterd, with home building approvals dropping again. Plus, Price Waterhouse Coopers former CEO suspended as a charted accountant for four years.See omnystudio.com/listener for privacy information.

Another warning Australia's east coast could experience power blackouts from 2027 as the nation's largest coal-fired power station is due to close. Plus, the ASX has a blackout of its own, with it unable to post time-sensitive company announcements.See omnystudio.com/listener for privacy information.

Corporate Travel Management's accounting scandal is worse than expected, inflation surged to its highest level since June 2024. Plus, Michael McCarthy joins the show to discuss the upcoming US Federal Reserve interest rates decision.See omnystudio.com/listener for privacy information.

Australia's private capital expenditure surged during the September quarter. Plus, banking regulator APRA is set to introduce debt to income limits on home loans as it attempts to prevent a build-up of risky home lending practices.See omnystudio.com/listener for privacy information.

Inflation rises to 3.8 per cent in October, marking the highest level in 16 months, Electro Optic Systems agrees to pay a $4 million penalty. Plus, the RBNZ cut interest rates today to 2.25 per cent.See omnystudio.com/listener for privacy information.

Bendigo Bank discloses major flaws with its systems made to detect and prevent money laundering and terrorism, a Seek job ad report shows ad volumes were down, but salaries lifted 3.6 per cent. Plus, a deep dive into Australia's major commodities.See omnystudio.com/listener for privacy information.

Australian non-financial companies expected to lead the economic growth in Asia Pacific next year thanks to falling interest rates. Plus, rental affordability continues to approach record lows across most of Australia.See omnystudio.com/listener for privacy information.

The stock market plunged to its lowest level since May this morning, Nvidia's shares takes a tumble on Wall Street triggering the selloff. Plus, a 1940 painting was sold overnight for nearly $55 million US dollars.See omnystudio.com/listener for privacy information.

The federal government is being encouraged by the international Monetary Fund to tackle tax reform and to spend more efficiently. Plus, Magellan Financial Group is back in the middle of a mess after successive scandals in the past year.See omnystudio.com/listener for privacy information.

Cyber criminals will be aggressively targeting consumers and retailers in the Black Friday sales, wages are growing faster for public servants compared to private sector wages. Plus, big falls in gold and crypto.See omnystudio.com/listener for privacy information.

RBA minutes kill hopes of another rate cut as stubborn inflation bites, a TPG customer dies after their phone couldn’t reach triple-zero. Plus, a deep dive into Australia’s livestock production.See omnystudio.com/listener for privacy information.

The UK High Court decides BHP is liable for the 2016 Samarco tailings dam wall collapse in Brazil, SQM says it will fight an action brought by corporate regulator ASIC. Plus, the apparent first major gas discovery in Bass Strait in eight years.See omnystudio.com/listener for privacy information.

Investors in America are worried the US Federal Reserve won't cut interest rates next month, interest rate traders and economists have been delaying Australian rate cut forecasts back until mid-next year following the unexpected unemployment numbers.See omnystudio.com/listener for privacy information.

Explosives and chemicals manufacturer Orica has reported its strongest results in 13 years thanks to surging demand from the mining sector for its products. Plus, shares in accounting software maker Xero have plunged on the market today.See omnystudio.com/listener for privacy information.

Chair of ASIC Joe Longo opened the Australian Investment and Securities Commission's annual forum in Melbourne. Plus, CEO of Roy Morgan Research Michele Levine speaks about her research in determining companies reputations.See omnystudio.com/listener for privacy information.

The Commonwealth Bank reports a 2 per cent rise in cash profit to $2.6 billion for the half-year, driven by customers refinancing at lower rates following RBA interest rate cuts. Plus, The Wiggles have come under scrutiny from the ACCC.See omnystudio.com/listener for privacy information.

The Reserve Bank pours cold water on hopes of early rate cuts, ANZ bosses miss out on $32 million in bonuses after a weak year. Plus, Bitcoin holds steady around the $100,000 mark.See omnystudio.com/listener for privacy information.

Elon Musk has been granted a record breaking $US1 trillion pay incentive deal by Tesla shareholders, the Albanese government is splurging $1 billion on green iron, which struggled to take off in other parts of the world.See omnystudio.com/listener for privacy information.

NAB shares fall 3.5 per cent after the company’s profit dropped and muted growth outlook, the US Federal Reserve pumps $125 billion into its banking system over the past five days. Plus, Tesla shareholders vote on Elon Musk's pay deal.See omnystudio.com/listener for privacy information.

Our stockmarket hits a six week low, corporate regulator ASIC says our market technology has fallen behind. Plus, Suncorp CEO says more Australians are vulnerable to weather events as towns are being built in the wrong places. See omnystudio.com/listener for privacy information.

Shadow Treasurer Ted O'Brien's party in turmoil, giving government and the treasurer free reign when serious economic storm clouds arise. Plus, HSBC's chief economist Paul Bloxham joins hosts to discuss the next move in rates. See omnystudio.com/listener for privacy information.

Westpac's operating profit in the past year fell to less than $7 billion, the Reserve Bank meets tomorrow, any hope of a rate cut is well off the table. Plus, the latest home price data for October shows values are again rising fast.See omnystudio.com/listener for privacy information.

Family-owned beer producer Coopers has reported an increase in sales during the financial year to about 309 million dollars. Plus, the Liberal Party debates whether to abandon its commitment to net zero by 2050.See omnystudio.com/listener for privacy information.

Australian interest rates seem set to stay on hold while American rates were cut overnight, Coles' sales are growing almost twice as fast as Woolworths. Plus, hundreds of workers and contractors have been stood down at the Tahmoor coal mine.See omnystudio.com/listener for privacy information.

The increase in inflation is higher than the Reserve Bank forecast, Woolworths sales come in higher than expected. Plus, the Chair of Tesla says there's no other Elon Musk as she urges shareholders to agree to his pay-deal.See omnystudio.com/listener for privacy information.

Wisetech shares are smashed after ASIC and the AFP raid its headquarters while seeking documents related to sharetrading by its fonder and other employees. Plus, the Tomago aluminium refinery could become unviable in just over two years.See omnystudio.com/listener for privacy information.

The ACCC takes on tech giant Microsoft over claims it misled millions of customers, major shake-ups hit Aussie companies PolyNovo and Nuix. Plus, all eyes are on inflation data ahead of next week’s crucial RBA rates call.See omnystudio.com/listener for privacy information.

Australian critical minerals and rare earths companies have been surging on the share market after Donald Trump signed a framework agreement with Anthony Albanese. Plus, gold stocks have been some of the top performers this year.See omnystudio.com/listener for privacy information.

Gold and Bitcoin tumble but oil surges as US sanctions hit Russia’s biggest producers, work from home bombshell as a Westpac employee wins the right to stay remote. Plus, Wall Street rocked as Tesla and Netflix disappoint investors.See omnystudio.com/listener for privacy information.

Australia's largest oil and gas producer Woodside reportedly had an increase in quarterly production to about 51 million barrels of oil equivalent. Plus, the price of gold slumped 6 percent overnight, which was its largest fall in 12 years.See omnystudio.com/listener for privacy information.

Prime Minister Anthony Albanese signs a $8.5 billion agreement with US President Donald Trump to provide rare earths and critical minerals. Plus, the biggest mining conference in Australia's history started today.See omnystudio.com/listener for privacy information.

Albanese touches down in the US pitching access to Australia's naval base in WA, China's economy slows to its weakest place in a year. Plus, a major American airline eyes a takeover of troubled regional carrier Rex.See omnystudio.com/listener for privacy information.

The stock market dips from record highs as gold prices soar, economists tip an RBA rate cut next month after unemployment rises. Plus, fund manager William Liu joins the show to discuss trade, the US economy and investment strategy.See omnystudio.com/listener for privacy information.