Business Now with Ross Greenwood

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.

Australia's unemployment rate jumps to its highest level in almost four years, oil and gas major Santos cuts its production guidance. Plus, Australian banking stocks are found to be some of the most expensive in the world.See omnystudio.com/listener for privacy information.

Commonwealth Bank chief executive Matt Comyn will remain at Australia's largest company until at least 2028, Australia has fallen short of its housing construction target. Plus, consumer prices fall more than expected in China during September. See omnystudio.com/listener for privacy information.

Consumer confidence plunges amid growing concerns the RBA will not cut interest rates again until next year. Plus, Jim Chalmers consulted with former prime minister Paul Keating prior to the announcement of changes to the superannuation tax policy.See omnystudio.com/listener for privacy information.

Jim Chalmers caves on super tax reforms ditching unrealised gains and lifting the $3 million threshold, ANZ’s new boss unveils a cost-cutting and lending push. Plus, Asian markets tumble as Trump slaps new tariffs on China.See omnystudio.com/listener for privacy information.

RBA Governor Michele Bullock says the private sector is starting to take over as the main driver of Australia's economic growth. Plus, gold and oil prices plunge after the Gaza peace plan created more stability in the Middle East for investors.See omnystudio.com/listener for privacy information.

PM steps into Labor’s controversial super tax on unrealised gains, gold, silver and platinum surge as investors flee the US dollar. Plus, Warren Hogan reveals the RBA would be bankrupt if it were a private company after its Covid bond splurge.See omnystudio.com/listener for privacy information.

Government hands $600 million to Glencore to keep Mount Isa copper smelter open and save 600 jobs, BlueScope chief warns Australia’s competitiveness is slipping. Plus, New Zealand cuts interest rates to try boost its economy.See omnystudio.com/listener for privacy information.

Government to announce funding deal delaying Mount Isa copper mine closure by four years, ASIC gives CBOE the green light to rival the ASX. Plus, almost a quarter of a million Australian homes face severe future flood risks.See omnystudio.com/listener for privacy information.