Money News with Ross Greenwood: Highlights
The ASX 200 climbed 0.3% on the day, but lithium stocks were hit by news out of China.See omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
The nation’s success begins right from birth, so do we need a rethink on how we organise our social services to create the greatest efficiency?See omnystudio.com/listener for privacy information.
ANZ will sack 3500 staff from its workforce, with new CEO Nuno Matos seeking to make the bank more efficient. MARKET WRAP: ASX200: down 0.52% to 8,803 GOLD: $3,653/oz BITCOIN: $170,632 CURRENCY UPDATE: AUD/USD: 66.2 US cents AUD/GBP: 48.7 British pence AUD/EUR: 56 Euro cents AUD/JPY: 97 Yen AUD/NZD: 1.09 NZ dollars See omnystudio.com/listener for privacy information.
While economic conditions are getting better Australian consumers are still not sold yet, according to the latest Westpac Consumer Sentiment IndexSee omnystudio.com/listener for privacy information.
The smallest of the Big Four banks will take the axe to its workforce, cutting 3500 roles from the ANZ bank.See omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
Coffee prices are on the rise – so what’s driving the extra costs for those wanting their morning cup of joe?See omnystudio.com/listener for privacy information.
Droneshield is one of the most popular stocks amongst Millennials, and is set to join the ASX200. But does it live up to the hype? MARKET WRAP: ASX200: down 0.24% to 8,849 GOLD: $3,613/oz BITCOIN: $170,024 CURRENCY UPDATE: AUD/USD: 65.0 US cents AUD/GBP: 48.7 British pence AUD/EUR: 56 Euro cents AUD/JPY: 97 Yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
The rise of populism has reshaped politics, but is it also having the biggest say in reshaping the business world and where investment is going?See omnystudio.com/listener for privacy information.
Woolworths and Coles could be on the hook for up to $1 billion in backpay after a Federal Court ruling on their record keeping practices.See omnystudio.com/listener for privacy information.
Poor jobs numbers out of the US makes a rate cut by the Fed looking more likely, but with fears the economy could be in trouble global markets fell.See omnystudio.com/listener for privacy information.
The Albanese government looks set to back down on changes to the superannuation system after receiving negative feedback on its plans. Qantas executive pay is revealed, with Alan Joyce getting one last pot of gold on a share price turnaround. Fewer people buying Father’s Day gifts, but those who do are spending more. While the ASX finished the week up half a percent, as international markets wait for US non-farm payroll data. Interview with: James Tao, Consumer Finance Analyst at ING Email us your thoughts to moneynews@nine.com.au Hosted by: Tom StoreySee omnystudio.com/listener for privacy information.
OzHarvest will open up the kitchen to some of the nation’s CEOs with the aim of raising meals & dollars across OctoberSee omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Chris Blancato Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
KMD Brands – the owners of Rip Curl and Kathmandu – will close 21 of its stores, but will this bring new shoots for the business? MARKET WRAP: ASX200: up 1.00% to 8,019 GOLD: $3,540/oz BITCOIN: $170,082 CURRENCY UPDATE: AUD/USD: 65.2 US cents AUD/GBP: 48.5 British pence AUD/EUR: 56 Euro cents AUD/JPY: 96 Yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
The aged care sector has received a boost after the government brought forward care packages, but there’s still a lot to solve.See omnystudio.com/listener for privacy information.
A rebound of 1% has helped nervous share market watchers, with the ASX gaining back some of its earlier losses in the week.See omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
Financial literacy is a real problem in Australia, but one company is on a mission to ensure that school students get the lessons they need.See omnystudio.com/listener for privacy information.
GDP figures out today suggested that private demand was surging, but has that helped companies like JB Hi-Fi and Harvey Norman? MARKET WRAP: ASX200: down 1.82% to 8,738 GOLD: $3,536/oz BITCOIN: $170,322 CURRENCY UPDATE: AUD/USD: 65.3 US cents AUD/GBP: 48.7 British pence AUD/EUR: 56 Euro cents AUD/JPY: 97 Yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
GDP growth was better than expected, but could rule out the chances of a rate cut in September by the RBASee omnystudio.com/listener for privacy information.
The Australian share market suffered losses of 1.8% even despite a better than expected quarterly GDP result.See omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
The Australian wine industry has battled through a couple of years of pain, but is it getting any easier?See omnystudio.com/listener for privacy information.
Younger investors are changing the traditional investment model, moving towards the tech companies they know and love instead.See omnystudio.com/listener for privacy information.
The gold price has peaked above $3500, so are we going to continue to see investors piling into categories outside equity markets? MARKET WRAP: ASX200: down 0.30% to 8,900 GOLD: $3,480/oz BITCOIN: $169,786 CURRENCY UPDATE: AUD/USD: 65.1 US cents AUD/GBP: 48.6 British pence AUD/EUR: 56 Euro cents AUD/JPY: 96 Yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
The gold price reached $3500 US an ounce, but wasn't enough to offset the ASX from a day spent in the red.See omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
Harvey Norman has put in two strong days on the markets following the release of its full-year earnings on Friday. MARKET WRAP: ASX200: down 0.51% to 8,927 GOLD: $3,476 /oz BITCOIN: $167,231 CURRENCY UPDATE: AUD/USD: 65.5 US cents AUD/GBP: 48.4 British pence AUD/EUR: 55 Euro cents AUD/JPY: 96 Yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
The Federal government will seek to crackdown on ‘shrinkflation’ by tightening the Unit Price Code.See omnystudio.com/listener for privacy information.
Australian home prices have continued to edge higher, growing by a national average of 0.7% across the month of August.See omnystudio.com/listener for privacy information.
The ASX 200 last half a percent.See omnystudio.com/listener for privacy information.
ANZ has set the cat amongst the WFH pigeons, threatening to slash pay for those not in the office. Seeing if the Australian tourism industry has recovered post-Covid, and what experiences we’re looking to have. And despite Wall Street posting new record highs on 2 of the 3 major indices, the ASX couldn’t follow, closing down 0.1% to end the week. Interview with: John Boris, Chief Growth Officer at Big Red Group Hosted by: Tom Storey Email us your thoughts to moneynews@nine.com.auSee omnystudio.com/listener for privacy information.
Wesfarmers, the owners of Bunnings, Kmart and Officeworks, will pay a special dividend to shareholders after a jump in profits today.See omnystudio.com/listener for privacy information.
Nine Entertainment has a pot of cash to play with after its sale of online property platform Domain, but will they make a move?See omnystudio.com/listener for privacy information.
Qantas was the big story of earnings season, with profits jumping 28% to $1.6 billion for the last financial yearSee omnystudio.com/listener for privacy information.
Qantas has closed at an all time high after posting a 28% rise in profit for the last financial year to $1.6 billion.See omnystudio.com/listener for privacy information.
Host: Evan Lucas Executive Producer: Tom Storey Technical Producer: Chris Blancato Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
Headline inflation has risen across the month to 2.8%, prompting fears that the RBA might have to pause its rate cutting cycle again.See omnystudio.com/listener for privacy information.
Woolies is facing the squeeze in the supermarket wars, with its share price tanking about a drop in profits for the largest listed Consumer Staples company.MARKET WRAP: ASX200: up 0.3% to 8,960 GOLD: $3,382/oz BITCOIN: $171,527 CURRENCY UPDATE: AUD/USD: 64.7 US cents AUD/GBP: 48.1 British pence AUD/EUR: 55 Euro cents AUD/JPY: 95 Yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.
Wedding costs have not only blown out for the couples, but also for people attending the ceremonies!See omnystudio.com/listener for privacy information.