Business Now with Ross Greenwood

The US government shuts down after a political deadlock, reports that BHP iron ore shipments to China have been banned cause confusion. Plus, the average price for a home in every capital city except for Hobart and Canberra is now at a record high.See omnystudio.com/listener for privacy information.

The Reserve Bank leaves interest rates on hold, the CEO of Optus owner Singapore Telecom faces the media after meeting with Communications Minister Anika Wells. Plus, Seven West Media and Southern Cross Media are planning to merge.See omnystudio.com/listener for privacy information.

The RBA universally expected to keep interest rates on hold tomorrow, a Melbourne start-up trials drone teams to take over helicopter supply work with our defence forces. Plus, Adam Reynolds' conversion kick worth 40 times his reported salary.See omnystudio.com/listener for privacy information.

Small companies were largely neglected by share market investors as the ASX200 powered its way to record highs. Plus, gold prices hit another all-time high overnight, but still outperformed by silver in the past year.See omnystudio.com/listener for privacy information.

The National Australia Bank is the victim of a $150 million money laundering fraud. Plus, the ASIC corporate regulator forced Macquarie Group to repay $321 million to investors who used its service to access the Shield Master Fund.See omnystudio.com/listener for privacy information.

The Optus CEO apologised for the deaths caused by its triple zero outage but stated the failure was due to a processing issue. Plus, the ASX is reportedly not meeting the regulators' expectations for an operator of critical national infrastructure.See omnystudio.com/listener for privacy information.

Myer shares tumble more than 18 per cent marking their worst day in years, ASIC’s 21-day freeze on La Trobe Financial sparks backlash. Plus, small business groups push back on bank support for a credit card surcharge ban.See omnystudio.com/listener for privacy information.

ASIC probes the private credit sector, Lachlan Murdoch involved in TikTok deal, government open to increasing Net Zero spending. Plus, RBA governor appears in Canberra.See omnystudio.com/listener for privacy information.

Santos CEO Kevin Gallagher joins Business Now for the first time after the $36 billion bid for Santos was declined by the Abu Dhabi's government consortium. Plus, Nvidia's $7 billion investment in Intel overnight helps boost the tech space.See omnystudio.com/listener for privacy information.

US interest rates are cut with the prospect of more rate rises ahead. Plus, the Abu Dhabi government walks away from its $36 billion takeover of Santos on the same day the Albanese government reveals the emission reduction target.See omnystudio.com/listener for privacy information.

BHP slashes 750 jobs in a Queensland coal mine blaming royalties, banks slam the RBA's plan to scrap credit card charges. Plus, the Fed will make its cash rate decision tonight.See omnystudio.com/listener for privacy information.

Super Retail boss forced out after misleading the board over an affair, Australia’s growth slows again. Plus, Elon Musk throws $1 billion into Tesla before shareholders decide whether to pay him $1 trillion over the next 10 years.See omnystudio.com/listener for privacy information.

ANZ admits to widespread miscoduct and cops a record $240 million penalty, national clearance rate drops to 65.3 per cent. Plus, the US Federal Reserve is expected to cut rates this week. See omnystudio.com/listener for privacy information.

Northwest shelf expansion approved, PolyNovo reveals positive clinical results, traders fear artificial intelligence bubble. Plus, luxe listing of the week.See omnystudio.com/listener for privacy information.

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.