SBS On the Money

The Australian sharemarket has fallen flat, as investors react to the US government shutdown and reports of China temporarily banning purchases of BHP's iron ore. For more, Stephanie Youssef spoke with Niv Dagan from Peak Asset Management. Plus, Australian house prices continue to rise, as the Albanese Government's Home Guarantee scheme is expanded to all first home buyers. For more, Stephanie Youssef spoke with Tim Lawless, Asia-Pacific research director at Cotality.

Despite solid gains by the gold miners, a sell-off in energy stocks – fuelled by a continued decline in oil prices – has dragged the Australian sharemarket. For more, Stephanie Youssef spoke with Jonathan Shead, Head of Investment at State Street Investment Management. Plus, the Reserve Bank left interest rates unchanged at 3.6 percent, as expected, at its September board meeting. For more, Stephanie Youssef spoke with Pradeep Philip from Deloitte Access Economics.

SBS Finance Editor Ricardo Gonçalves speaks with Stephen Smith from Deloitte Access Economics abut what the government's final budget outcome says about the economy; plus Kyle Rodda from Capital.com on the day's sharemarket action.

SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP and Marcus Bogdan from Blackmore Capital about the reaction to a US decision to apply 100% import tariffs to pharmaceutical products from Wednesday, plus all the latest from the sharemarket.

SBS Finance Editor Ricardo Gonçalves delves into Barrenjoey's report on the industries most exposed to technological change and AI with Johnathan McMenamin; plus the day on the sharemarket with Mark Gardner from MPC Markets.

SBS Finance Editor Ricardo Gonçalves speaks with Paul Bloxham from HSBC about today's stronger than expected inflation figures and what it means for interest rates, plus the day on the sharemarket with Francesco De Stradis from Ord Minnett.

SBS Finance Editor Ricardo Gonçalves speaks with Michael McCarthy from MooMoo Australia about the day's market action including Myer's disappointing profit result, and Nvidia's huge OpenAI deal.

SBS Finance Editor Ricardo Gonçalves speaks with Luke McMillan from Ophir Asset Management about the day's sharemarket action while Stephanie Youssef looks through the latest AMP research with Ben Hillier which reveals half of Australians don't feel financially confident as they approach retirement.

Stephanie Youssef speaks with Omkar Joshi from Opal Capital Management for the day's sharemarket news, including whether AI is in bubble territory, while SBS Finance Editor Ricardo Gonçalves goes through the upcoming age pension changes with Joshua Parisotto from HESTA.

SBS Finance Editor Ricardo Gonçalves speaks with Blair Chapman from Seek about the latest jobs data which showed a near 41,000 fall in full-time jobs; Lochlan Halloway from Morningstar takes a look at the day's sharemarket action including the reaction to the US Federal Reserve's first interst rate cut this year; and Stephanie Youssef discusses the future of chocolate prices with Paul Joules from Rabobank.

Parents and grandparents are increasingly offering financial assistance to family members with 20 per cent saying they provided help in the last quarter, so SBS Finance Editor Ricardo Gonçalves speaks with UBS Economist Stephen Wu to find out to what extent they're helping. Plus Kyle Rodda from capital.com looks through the day's sharemarket action and previews the Federal Reserve's interest rate decision.

SBS Finance Editor Ricardo Gonçalves takes a look at the driving forces in the currency markets with Chris Weston from Pepperstone and previews the US Federal Reserve's Thursday morning interest rate decision.

The Australian share market has begun the week lower, despite optimism ahead of the US Federal Reserve's expected interest rate cut this week. For more, Stephanie Youssef spoke with Macquarie Private Bank Division Director Martin Lakos. Plus, ANZ has been fined $240 million for what ASIC has called widespread misconduct, including allegations of failing to respond to customer hardship notices and failing to refund fees charged to thousands of dead customers. For more, Asha Abdi spoke with Professor Allan Fels from the University of Melbourne.

Former Virgin Australia CEO Jayne Hrdlicka is collecting a $49.9 million pay packet, which includes 10 million shares, as revealed in the company's annual report. For more on this and the ASX-200's performance this week, Stephanie Youssef spoke with IG Markets analyst Tony Sycamore. Plus, US inflation has risen 2.9% in August, paving the way for the first US interest rate cut of the year when the Federal Reserve meets next week. For more, Stephanie Youssef spoke with AMP Chief Economist Shane Oliver.

The ASX 200 has closed 0.3% lower with healthcare stocks dragging the index down, despite gains by gold miners. That's almost despite Oracle's shares soaring almost 40% in its best one-day performance since 1992, lifting the S&P 500 and other global markets to record highs. For more, Stephanie Youssef spoke with Mark Gardner from MPC Markets. Plus, new analysis from Domain shows the dream of owning a home is becoming further out of reach – with deposit hurdles, coupled with climbing house prices and mortgage repayments, driving the sharpest generational divide in decades. For more, Stephanie Youssef spoke with Domain's research chief, Dr Nicola Powell.

SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bogdan from Blackmore Capital about the day's market action including why banks seem to be on a job cutting cycle, plus Stephnie Youssef speaks with ASFA CEO Mary Delahunty to find out how much money is needed in super to fund a comfortable retirement.

SBS Finance Editor Ricardo Gonçalves takes a closer look at ANZ's decision to cut 3,500 employees and 1,000 contractors and what it means for the sector with Nathan Zaia from Morningstar and Damien Boey from Wilson Asset Management.

SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans about the day's sharemarket action including the weak US jobs data, a rebalancing of the market's main indexes and the potential implications of a supermarkets underpayments court case.

SBS Finance Editor Ricardo Gonçalves speaks with ARIA CEO Annabelle Herd about the changes to the ARIA Charts will highlight diverse artists in the industry, Madeline Dunk from ANZ explains why she thinks the RBA may be done cutting interest rates, and Bryce Anderson from Morningstar goes through the day's sharemarket action.

Car theft claims rose to a record $233m in Victoria last financial year, but fell in every other state so Stephanie Youssef speaks with Insuance Council of Australia CEO Andrew Hall to find out what can be done about it and what it means for premiums, plus SBS Finance Editor Ricardo Gonçalves takes a closer look at the sharemarket with Ben Clark from TMS Private.

The Australian sharemarket has experienced its worst single-day drop since April, with all 11 sectors finishing in the red. For more, Rena Sarumpaet spoke with Perpetual's Head of Investment Strategy, Matt Sherwood. Plus, Australia's GDP expanded by a larger-than-expected 0.6% in the June quarter. SBS Finance Editor Ricardo Goncalves spoke with NAB Chief Economist Sally Auld about what that means for the economy.

SBS Finance Editor Ricardo Goncalves speaks with Josh Gilbert from eToro to find out why gold prices hit a new record while silver reached a 14 year high, plus why the ASX fell as a number of companies traded ex-dividend.

SBS Finance Editor Ricardo Goncalves speaks with Tim Lawless from Cotality Australia about the direction for home prices as the Spring selling season begins and to find out where the property hotspots are, plus Mathan Somasundaram from Deep Data Analytics takes a look back at the reporting season that was and looks ahead at what to expect now.

SBS Finance Editor Ricardo Goncalves speaks with Australia Post CEO Paul Graham following the company's profit result to find out what the future holds for the service amid structural change which is seeing consumers continue to send fewer letters but greater numbers of parcels, plus Dianne Colledge from Morgans wraps up what has been a very busy reporting season.

SBS Finance Editor Ricardo Gonçalves speaks with Wesfarmers CEO Rob Scott about the company's $2.9bn profit, bonus shareholder returns and the economic environment, plus a look at the day on the sharemarket including Qantas' second best profit result ever, with Angus Geddes from Fat Prophets.

SBS Finance Editor Ricardo Gonçalves speaks with Flight Centre CEO Graham Turner following the group's results announcement to find out more about the operating environment, airfares and consumer trends, plus Michael Wayne from Medallion Financial Group goes through the day's sharemarket action including a look at the surprise rise in inflation.

In this special extended edition of SBS On the Money, join SBS Finance Editor Ricardo Gonçalves as he speaks with Coles Group CEO Leah Weckert to find out how shoppers are feeling, Fortescue CEO Dino Otranto on how the political landscape is impacting his operations while Stephanie Youssef discusses Tyro's results with CEO Jon Davey, plus hear from Jamie Hannah from VanEck on the day on the sharemarket.

SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management about the day's sharemarket action, including why investors are increasingly confident of a September interest rate cut in the US. Plus Hannah Kwon finds out more about the way AI is being used to scam people with Jeannie Paterson from the Melbourne Law School.

SBS Finance Editor Ricardo Gonçalves speaks with Guzman y Gomez Mexican Kitchen co-CEO Steven Marks about the Mexican restaurant chain's record sales and to find out more about why investors didn't like it, plus Isaac Poole PhD, CIMA® from Ascalon Capital on the day's market action, including his take on reporting season and the trends being seen.

SBS Finance Editor Ricardo Gonçalves speaks with Gemma Dale from nabtrade about the ASX 200's record close, and takes a closer look at Rebel Sport's theft problem.

SBS Finance Editor Ricardo Gonçalves speaks with Luke Laretive from Seneca Financial Solutions about the day's sharemarket action, including what the James Hardie and Breville profit updates says about the US economy, as debate continues on whether the US should cut interest rates.

SBS Finance Editor Ricardo Gonçalves speaks with Woodside Energy CEO Meg O'Neill and BHP CFO Vandita Pant following their profit results, while FTSE Russell Julia Lee goes through the day's market action including why investors slammed CSL.

SBS Finance Editor Ricardo Gonçalves takes a look at the stock that surged 2900 per cent in one day, and discusses the day's market news with David Walsh from Sarto Advistory.

SBS Finance Editor Ricardo Gonçalves speaks with Cochlear CEO Dig Howitt after the group's full-year results annoucement about the future of implants, while Stephanie Youssef discusses the role of EVs with CAR Group CEO William Elliott; while Grady Wulff from Bell Direct goes through the numerous records the Australian sharemarket hit during the week.

SBS Finance Editor Ricardo Gonçalves speaks with Origin Energy CEO Frank Calabria following the company's profit results and discusses everthing from the direction of power prices, the energy transition and electric vehicles; Justin Smirk from Westpac goes through the day's labour force data; and Damien Boey from Wilson Asset Management look through the day's market action including the deluge of profit reports released.

SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank CEO Matt Comyn about the bank's record $10.3bn full-year cash profit and finds out what it means for investors, plus his future AI plans for the bank; David Rumbens from Deloitte Access Economics goes through the latest wages data from the ABS including why productivity is key; and Jun Bei Lui from TenCap goes through the sharemarket action including her take on the latest corporate profit results.

SBS Finance Editor Ricardo Gonçalves speaks with NAB's Gareth Spence to find out why the RBA cut interest rates and if there are more to come, Sally Tindall from Canstar looks through the impact for borrowers, while Michael Jenneke from UBS Wealth Management discusses what it means for investors.

SBS Finance Editor Ricardo Gonçalves speaks with Elio D'Amato from EnviroInvest about the day's market action including why lithium miners sizzled and goes through profit results from JB Hi-Fi and CAR Group.

SBS Finance Editor Ricardo Gonçalves speaks with Heath Moss from HLM Investors about the day's market action including an in-depth look at the Nick Scali and QBE results, along with Donald Trump's new pick for a temporary role at the Federal Reserve Board.

SBS Finance Editor Ricardo Gonçalves speaks with AMP CEO Alexis George following the financial services company's half-year results to find out how she's feeling about the economy and how AI will impact it and its workforce, plus Scott Phillips from The Motley Fool goes through the day's sharemarket moves including his take on the issues the market operator, ASX, is facing.

SBS Finance Editor Ricardo Gonçalves speaks with David Walsh from Sarto Advisory Pty Ltd about the day's share market action as it hits another record and to find out more about an ASX mix-up which incorrectly saw it attach a market announcement to TPG Telecom forcing it to cancel millions of dollars worth of trades. Plus, hear from News Corp CEO Robert Thomson as he delivers an AI warning at the company's results announcement.

SBS Finance Editor Ricardo Gonçalves speaks with Tony Weber from the Federal Chamber of Automotive Industries about how plug-in hybrids are emerging as important transition technology for Australians, Dean Pearson from NAB explains why migrants are becoming increasingly optimistic and Catherine Allfrey from WaveStone Capital goes through the day's market action.