Money News with Ross Greenwood: Highlights

After a year dominated by trade tensions, a deal between the US and China looks to be done. Australians continue to fear the taxman – but should we turn to AI and social media to get our EOFY tasks done? And the ASX takes a nose dive after the open to finish in the red for the week. Interview with Angad Soin, Xero's Managing Director ANZ and Global Chief Strategy Officer Email us your thoughts to moneynews@nine.com.au Hosted by: Tom StoreySee omnystudio.com/listener for privacy information.

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In what’s becoming a very cold winter, the Salvos are again asking for assistance for their Red Shield Appeal.See omnystudio.com/listener for privacy information.

World Micro, Small and Medium-sized Enterprises Day is upon us again! So how will you celebrate?See omnystudio.com/listener for privacy information.

With Australian healthcare companies performing strongly, do we still need to look overseas for bigger markets? ASX200: down 0.1%, 8550 GOLD: $3,348 US/ounce BITCOIN: $164,720 Xero was a drag on the tech sector, down 5.3% to $184 after confirming to the market it had successfully completed the acquisition of American payments business Melio. Wisetech losing 0.6%, Technology One falling 1.1% and Life360 dropping 1.8%. Adairs lost 3.7% and Nick Scali lost 3.5%. Down more than 1% was Goodman Group, Sigma Healthcare and Northern Star. Pilbara Minerals gained 5.6% on the news that Vanguard had become a substantial shareholder. While Droneshield continued its strong run, up 11.7% to $2.39 today. See omnystudio.com/listener for privacy information.

SunRice is a name you’d often see on the shelf, but expansion overseas and into markets like pet & convenience foods has helped the company grow its FY25 profits.See omnystudio.com/listener for privacy information.

The ASX 200 lost 0.1%, dragged down by the tech sector which was digesting the news of Xero's $3.8 billion play.See omnystudio.com/listener for privacy information.

As we continue our quest to sort your finances before the end of the financial year, tonight we look at superannuation concessions.See omnystudio.com/listener for privacy information.

A significant order for defence industry company Droneshield saw it rocket on the market today. ASX200: up 0.04% to 8,559 GOLD: $3,328 US/oz BITCOIN: $164,675 AUD CBA shares reaching a new intraday high above $192 eventually closing up 1.7% to $191.40. Droneshield signed a new contract in Europe worth more than $60 million. Shares were boosted 20% to $2.14. Virgin Australia continued to soar, rising by another 3.4% on its second day of trading to close at $3.34. BHP fell 1%, Fortescue was down 2.3%, but Rio recovered from earlier losses to only drop 0.6% to $104.30 Gold miners Northern Star Resources, Evolution Mining, and Newmont all took a hit. CURRENCY: AUD/USD: 65.0 US cents AUD/GBP: 47.7 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

Australian inflation drops unexpectedly to 2.1%, prompting calls for rate cuts sooner; a slowdown in Chinese EV production; Xero makes a big purchase; sorting your super before EOFY; Aldi still reigns supreme as the cheapest supermarket; and Carl Capolingua joins us for the Market Wrap. Host: Scott Haywood Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

Australia’s inflation rate has dropped to 2.1% for the 12 months to May, putting the chance of a rate cut in July on the table.See omnystudio.com/listener for privacy information.

A fall in fruit & housing prices saw a shock monthly inflation result, which sets the tone for the Reserve Bank to cut rates sooner than expected.See omnystudio.com/listener for privacy information.

Markets breathe a sigh of relief as ceasefire talk drops the oil price; Virgin relists on the ASX; NSW & Qld state budgets drop with more debt & deficit; KFC loves teen customers; the outlook for small businesses as the new financial year closes in; and Henry Jennings joins us for the Market Wrap. Host: Deb Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

The business outlook continues to be hampered by economic conditions, but with the new financial year just around the corner, the tides might be shifting.See omnystudio.com/listener for privacy information.

Virgin has successfully re-listed on the ASX, but will this IPO bring more companies towards listing on the market again? MARKET WRAP: ASX200: up 0.95% to 8,555 GOLD: $3,327 US/oz BITCOIN: $161,587 AUD BHP rose 2.4%, Fortescue up 4.8%, and Rio Tinto was just over 3% higher. Commbank up 2.1%, NAB up 2.2%, Westpac 2.6% higher and ANZ rising 1.4%. Virgin’s IPO was welcomed by investors, the price rising more than 11% from its initial point of $2.90 to $3.23 Qantas shares up another 2.4% to $10.32. Greatland Resources climbing 44% to $7.30 by the close Wisetech Global up 2.5% and Pro Medicus up 2.6% Woodside fell 6.5%, Santos dropped 1.5%, and Viva Energy fell 3.2%. Origin Energy was 2.5% lower, with APA Group falling 1.7% – as it also announced its dividend. Treasury Wine Estates took a tumble of 0.9% CURRENCY UPDATE: AUD/USD: 65 US cents AUD/GBP: 47.8 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

State budgets have been consumed with infrastructure spending, sending them into deficit and paying off large debts.See omnystudio.com/listener for privacy information.

The ASX gained 1% in trade after news of a ceasefire between Iran and Israel sent a wave of confidence through the market.See omnystudio.com/listener for privacy information.

The markets wait for any news out of Iran following an attack by the US; the oil price spikes; looking at the defence stocks that may benefit; the rise of the ‘infinite workday’; Australia Post to raise prices; Metcash loses sales of tobacco; how to save $7000 this end of financial year; and Di Colledge joins us for the Market Wrap Host: Scott Haywood Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

Most of us who hold serious assets should get up to date with our wills, with the End of Financial Year the perfect opportunity.See omnystudio.com/listener for privacy information.

Metcash – the largest operator of IGA stores – has said the illegal tobacco trade is hurting its bottom line. MARKET WRAP: ASX200: down 0.36%, 8474 GOLD: $3,363 US/ounce BITCOIN: $159,214 AUD Energy & Utilities rose on war threats: Woodside was flat, with Santos 1% higher, with LNG seller Origin also lifting just under 1%. Metcash rose 2.7% after revealing an 8.9% uplift in group revenue to $17.3 billion. BWP Trust rose 1.9 per cent to $3.65 Reece Holdings up more than 2% to $16.57 TPG and Medibank rose more than 1% ANZ Bank fell 0.6%, National Australia Bank shed a few cents to close at $38.88. Fortescue gave up 1% BHP fell 1.5% per cent to $35.64 Rio Tinto fell marginally but still closed above $100 a share at $101.83. Drone Shield fell more than 4% to $1.83 CURRENCY UPDATE: AUD/USD: 63.9 US cents AUD/GBP: 48.2 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.

The threat of war has hurt global markets, but it doesn’t always have to mean a loss, especially if you’re invested in defence industry products.See omnystudio.com/listener for privacy information.

A US attack on Iran has put markets on edge, with the ASX closing lower again on the threat of war.See omnystudio.com/listener for privacy information.

Exiting politics and straight into the banking lobby – Simon Birmingham gets a new gig. Missing out on a face-to-face meeting with the US, does Anthony Albanese now turn to other markets on trade? It could affect your credit score under new laws, so should we be more wary of BNPL services? Lacking action all week, the ASX 200 finishes Friday trade in the red. Interviews with Leigh Howard, Asialink Business CEO & Carrie Cheung, Head of Insights at Equifax Email us your thoughts to moneynews@nine.com.au Developed & Hosted by: Tom StoreySee omnystudio.com/listener for privacy information.

Australia’s unemployment rate steady at 4.1%; the US Fed keeps interest rates on hold; the salaries of top CEOs revealed; Trump’s tariffs hit the auto sector; preparing your will around the end of financial year; ratings surveys put Kyle & Jackie O’s Melbourne adventure at risk; and Tony Sycamore joins us for the Market Wrap Host: Scott Haywood Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

Another weak set of radio ratings figures have put the pressure on the existence of Kyle & Jackie O in the Melbourne market.See omnystudio.com/listener for privacy information.

Most of us who hold serious assets should get up to date with our wills, with the End of Financial Year the perfect opportunity.See omnystudio.com/listener for privacy information.

The US Fed has kept interest rates on hold, so will investors look towards safety in the Australian banks while unrest continues? MARKET WRAP: ASX200: down 0.09%, 8523 GOLD: $3,368 US/ounce BITCOIN: $161,897 AUD Commonwealth Bank up 1.5% to $182.85 National Australia Bank rose 1.1%, with Westpac 1.8% higher, and ANZ up 0.3% per cent after announcing its retail boss would leave the bank. Aristocrat rose 1.6% to $66.73 Cleanaway closed up 1.1% to to $2.73 Weaker Chinese data sent iron ore majors lower, with BHP off 2% to $36.13 and Fortescue off 1.7% to $14.77. Gold miners fell, with Evolution down 4.5% to $7.78 Utility stocks were also sold off as Origin and AGL both dipped 1.4%. KMD Brands fell more than 3% to hit a record low of 25¢, WiseTech Global dipped 1.9% after announcing that two directors would exit the board. CURRENCY UPDATE: AUD/USD: 64.7 US cents AUD/GBP: 48.2 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.

Australia’s unemployment rate held steady at 4.1%, but is there a case now for the RBA to cut interest rates again?See omnystudio.com/listener for privacy information.

A steady unemployment rate was expected, but with work shifting away from the government sector, it could be up to the RBA to cut interest rates to stimulate private business.See omnystudio.com/listener for privacy information.

Jim Chalmers outlines his tax reform vision for the second term of the Labor government; the business of sport attracts even more money; Amazon’s boss fires a warning shot at white collar workers; uranium stocks get a boost; preparing for EOFY sales; ‘skinfluencers’ rise in popularity; and Grady Wulff joins us for the Market Wrap. Host: Deborah Knight Executive Producer: Tom Storey Assistant Producer: Karl Bianco Technical Producer: Simon Owens Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

As End of Financial Year sales approach, should we be looking at this as an opportunity to spend, or is it a trap?!See omnystudio.com/listener for privacy information.

Sports are a big business in Australia, but with a new team coming to Tasmania, will the spending give the economy a boost?See omnystudio.com/listener for privacy information.

Uranium stocks have benefited from increased demand for the nuclear energy push around the world. ASX200: down 0.12% to 8,531 GOLD: $3,384 US/oz BITCOIN: $161,708 Boss Energy met its first-year production guidance, shares gained another 4.3% on the news to $4.66 Deep Yellow up almost 4%, Bannerman rising 4.8% Iron ore futures slid to $92 US a tonne, which hurt our big miners. BHP traded 1.2% lower, Fortescue fell 4%, while Rio Tinto lost 1.1%. While down over 1% were ANZ, Origin Energy, and Qantas Cochlear pushed 0.8% higher to $283.78 AUD/USD: 65 US cents AUD/GBP: 48.3 Pence AUD/EUR: 56 Euro cents AUD/JPY: 94 Yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

The market is still flooded with uncertainty, with no wild swings up or down this week, but good news on the uranium front has helped a couple of companies really outperform the rest of the ASX.See omnystudio.com/listener for privacy information.

Australians will spend $1.1 billion on the outlay for their football teams in the annual State of Origin contest.See omnystudio.com/listener for privacy information.

Droneshield’s share price has exploded so far this year, so does the threat of war help their outlook? MARKET WRAP: ASX200: down 0.08%, 8541 GOLD: $3,395 US/ounce BITCOIN: $162,400 AUD Santos edged marginally higher to $7.76 despite Federal Treasurer Jim Chalmers warning a $30 billion takeover deal from a UAE based group “has got a long way to run yet”. Gold miners Newmont rose 2.5% and Northern Star rose by 1.5% Uranium stocks were up again, with Deep Yellow up 5.7% and Boss Energy rising more than 3% Life360 was more than 1% higher after a broker upgrade. Pro Medicus dropped just under 1% to $272 a share, while Cochlear dropped 1.6% to $281.66. Genesis Minerals also fell more than 2% to $4.67 James Hardie fell 2.9% to $38.77. CURRENCY UPDATE: AUD/USD: 65.3 AUD/GBP: 48.2 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.07 Dollars See omnystudio.com/listener for privacy information.

With conflict escalating in the Middle East, could we see a repeat of 2022’s global inflation wave as the oil price rises?See omnystudio.com/listener for privacy information.

Escalating conflict in the Middle East puts oil prices again in the headlines; Donald Trump’s new phone; Australia Post delivers new parcel depots; changes for small businesses on the radar for July 1; Australians spend up big on the State of Origin; and Evan Lucas joins us for the Market Wrap Host: Scott Haywood Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

The Australian share market was awash with uncertainty as the conflict between Israel & Iran continued to intensify.See omnystudio.com/listener for privacy information.

Attacks in the Middle East see commodities such as gold & oil jump; the PM heads to the G7 to meet with Donald Trump on tariffs; Amazon pledges $20b to Australian data centres; the government looks to boost productivity; the $30b bid for Santos; ASX Ltd faces the music from ASIC; the costs of seeing health specialists forcing patients into difficult choice; and Adam Dawes joins us for the Market Wrap Host: Deborah Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

New research has shown Australians are being forced between two tough options – get much-needed healthcare or save your money.See omnystudio.com/listener for privacy information.

Santos has been hit with a $30 billion takeover bid from the UAE’s ADNOC. Is this the push the Australian energy sector needed? MARKET WRAP: ASX200: up 0.01%, 8548 GOLD: $3,415 US/ounce BITCOIN: $164,546 A $30 billion takeover bid for Santos sent its shares climbing almost 11% to $7.72. Woodside up 3% at $25.96. Paladin was up 15.6%, Boss rose 17.7% and Deep Yellow was over 21% higher. An announcement of a US venture for baby formula maker Bubs Australia, sent its shares 6.3% higher Commbank and NAB closed slightly higher Vulcan Steel closed down 1.7% as it announced its CEO would retire after 19 years. UBS downgrades for gold miners Evolution and Northern Star saw them both close down more than 8%. Falling by over 1% was Woolworths, IAG and Mirvac. CURRENCY UPDATE: AUD/USD: 65.1 US cents AUD/GBP: 48.0 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.