SBS On the Money

SBS Finance Editor Ricardo Gonçalves speaks with Julia Lee from Shaw and Partners about the days market action, including a rate rise from another global central bank, it's implications for Australia, and why more investors are turning to fixed income products.

The US Federal Reserve lifted rates to tackle inflation, so who is next?SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Oxford Economics and Angus Geddes from Fat Prophets about the US Federal Reserve's decision to lift interest.

The Australian sharemarket rose 0.3 per cent as investors brace for what could be one of the most important interest rate decisions of the year for global markets. To explain, SBS Finance Editor Ricardo Gonçalves spoke with Alice Shen, Portfolio Manager at VanEck.

Oil prices are rising and so are airfares. What it means for travellers and budgets. Australian travellers are being warned to expect higher airfares as surging oil and jet fuel costs put pressure on airline budgets. Host Ricardo Gonçalves speaks with ACCC Chair Gina Cass-Gotlieb about airline competition, capacity cuts and why ticket prices are likely to keep climbing. Plus, the Australian sharemarket falls to a three-month low as investors brace for higher interest rates and rising energy costs. Chris Brycki from Stockspot joins the podcast to break down what's driving markets and what it means for investors.

The Australian sharemarket is on edge ahead of what could be one of the biggest market-moving events of the year: the US Federal Reserve's interest rate decision. Host Ricardo Gonçalves speaks with Armina Rosenberg from Minotaur Capital about why expectations for US rates are shifting, what sticky inflation means for markets, and how investors are positioning themselves. The conversation also explores the rapid rise of artificial intelligence and its impact on investment opportunities.

Oil prices jump 12 per cent in a weekOil has jumped 12 per cent in a week, raising concerns about household costs and financial markets. Matt Wacher from JANA Investment Advisers explains what surging oil prices mean for consumers and investors, while VanEck's James Gil examines record ETF inflows and where Australians are putting their money. Hosted by Ricardo Gonçalves.

More home sellers are abandoning auctionsMore vendors are switching to private treaty after testing the changing property market.Hosted by Ricardo Gonçalves, this episode examines why more home sellers are moving from auction to private treaty. Domain's Nicola Powell explains the changing sales strategy in a conversation with Tom Kennedy, while Peak Asset Management's Niv Dagan unpacks the ASX 200's 1 per cent fall and the pressure from oil prices above US$100 a barrel.

Oil nears $US100 a barrel after attacks on Saudi infrastructure, raising inflation fears and the Australian dollar.Ricardo Gonçalves examines the forces pushing oil prices higher and what they could mean for motorists, with Betashares Senior Investment Strategist Cameron Gleeson. They also unpack the Australian sharemarket's six-week low, changing interest rate forecasts and the Australian dollar's rise against major currencies.

Australia's residential property wealth has fallen for the first time in four years, helping push consumer confidence deeper into pessimistic territory. In this episode of SBS On the Money, Ricardo Gonçalves speaks with Matt Hassan, Senior Economist at Westpac, about what the housing downturn means for homeowners, spending and interest rates. The Australian sharemarket also hits a six-week low, with Stuart Roberts from Stocks Down Under unpacking the market moves, while a weaker French wine harvest could soon mean higher prices for champagne as wine economist Kym Anderson tells Tom Kennedy.

Daniel Martin from Alvia Asset Management goes through today's Australian share market action including plans for Kogan.com CEO Ruslan Kogan to restructure his pay, which would see him receiving the minimum wage.

Housing affordability in Australia has fallen to its worst level on record, with new data showing homeowners in some capital cities are spending more than 60 per cent of their income on mortgage repayments. SBS Finance Editor Ricardo Gonçalves speaks with HIA Senior Economist Tom Devitt about what's driving the affordability crunch and whether easing home values could bring relief. Plus, with the Australian sharemarket closing lower despite an early lift from Wall Street and the Australian dollar hitting a four-month high, Jacqui Newman, Head of Capital Markets at Sharsies, breaks down the day's key market moves.

SBS Finance Editor Ricardo Gonçalves speaks with Tony Weber, of the Federal Chamber of Automotive Industries, about the latest trends shaping Australia's car market. Then, as the Australian sharemarket snaps a three-day losing streak with gains led by the banking sector, David Lane from Focus Partners joins the podcast to unpack the day's market action and what investors should watch next.

Australia's economy grew 0.4 per cent in the June quarter, but Westpac senior economist Ryan Wells explains why weak productivity and inflationary labour costs could still bring another interest rate rise. Plus, Perpetual Head of Investment Strategy Matt Sherwood breaks down the Australian sharemarket's 1 per cent fall as rising oil prices reignited global inflation concerns.

Australia's property downturn is gathering pace just as the busy spring selling season begins. Cotality Head of Research Tim Lawless explains what falling prices mean for buyers and sellers, while VanEck's Jamie Hannah unpacks the Australian sharemarket's subdued session, rising oil prices and higher bond yields.

SBS Finance Editor Ricardo Gonçalves speaks with Piers Bolger from Infinity Asset Management about the day's market action including how investors reacted to Kevin Warsh's speech at Jackson Hole as he offers his earnings season report card.

Australia Post CEO Paul Graham says "we are in the fight of our lives" as it navigates structural change as letter volumes collapse and fierce parcel competition squeezes margins. SBS On the Money looks at what the transformation means for Australians, including the prospect of a $2 stamp, with Paul Graham, while Zoran Kresovic from Blueberry Markets explains why Nvidia's results helped propel tech stocks and the Australian sharemarket higher.

Economists at three of Australia's big four banks have changed their mind and reinstated thier forecasts of an RBA rate rise this year as stubborn inflation fuels expectations of higher borrowing costs. SBS Finance Editor Ricardo Gonçalves speaks with S&P Global Ratings Director of Structured Finance Erin Kitson about what another increase could mean for mortgage holders, while Robert Talevski from Activam breaks down a one per cent fall on the Australian sharemarket and the latest company earnings.

Global bond markets are in freefall - with yields surging to multi-year highs. For concerned share investors, here's a primer from Damien Boey, Portfolio Strategist at Wilson Asset Management. He discusses some of the driving forces, and what it all means for equities, with Rena Sarumpaet.

For the first time, copper profits outstripped its decades-long earnings bedrock of iron ore. Chief Financial Officer Vandita Pant joined Rena Sarumpaet, to discuss copper, plans for South Australia's Olympic Dam expansion, Chinese demand, union disputes in the Pilbara and decarbonisation. And Stephanie Youssef speaks to Raaz Bhuyan of WaveStone Capital, about the day in the markets.

Record annual sales, and rising annual profit have done nothing to stop the worst ever one-day plunge for JB HiFi. Investors showed their concern about Australia's consumer retail environment, after JB HiFi reported a slowdown in the fourth quarter, and in July sales. Rena Sarumpaet speaks to Luke McMillan, Head of Research at Ophir Asset Management.

Telstra posts a $2.4 Billlion dollar annual profit, and docks CEO Vicky Brady $607,000 over July's nationwide outage; More CBA profit-taking; Federal and NSW governments split a $2.5 Billion bailout of Tomago aluminium smelter; Mathan Somasundaram, CEO of Deep Data Analytics, gives his take on the day, speaking to Rena Sarumpaet.

Australia's biggest home lender, Commonwealth Bank, has beaten forecasts with a near $11 billion dollar annual profit. At the same time it warns of how cost-of-living pressures, a slowing Australian economy and global uncertainties are starting to show up in its loan book. Stephanie Youssef speaks to Francesco De Stradis, Investment Advisor at Ord Minnett.

Home borrowers are breathing another sigh of relief, as the Reserve Bank leaves the cash rate at 4.35% for a second consecutive meeting. But a hawkish RBA Governor Michele Bullock makes no bones about the Board's willingness to hike again, to control "still too high" inflation. Rena Sarumpaet speaks to Ebury economist Anthony Malouf. Then Stephanie Youssef gets the views of MIke Jenneke of UBS Global Wealth Management.

A jolt for banking investors, as Westpac flagged a 20-percent drop in Q3 mortgage applications, blaming the combined effects of three interest rate rises this year, and Federal Budget tax changes. Westpac shares slid nearly 6 per cent. David Scutt of StoneX Group tells Rena Sarumpaet, that should CBA offer similar disappointment in Wednesday's annual result, the best days of the month long banking rally may be past.

Ongoing hopes of a US-Iran deal to re-open the Strait of Hormuz have sent the ASX to a second consecutive closing high. The S&P/ASX 200 added 43.8 points, or 0.5%, for a close of 9271.6. Rena Sarumpaet spoke to Hugh Lam, Investment Strategist at Betashares, on a corporate reporting season just heating up, and broader market gains.

The Australian sharemarket has closed at a new record high, amid hopes for an imminent re-opening of the Strait of Hormuz. Rena Sarumpaet spoke to Jun Bei Liu, founder and portfolio manager of Ten Cap Investment Management. She'd had a close eye especially on US corporate reports - none more fascinating than Elon Musk's Spacex, which reported its first quarterly earnings as a public company. Overall, it saw a half a billion US dollar loss, around half that of the same period last year. But revenue nearly doubled to nearly US $8 billion - although the big price tag for growth was capital expenditure - jumping fivefold to US$ 18 Billion.

Researchers at Domain say the profit boom of the past decade is starting to show early signs of weakness. Stephanie Youssef spoke to Domain's Chief of Economics and Reserch, Nicola Powell. Meanwhile, the ASX closed at its highest level since March, surging 1.4%, after a healthy rally on Wall Street. US President Donald Trump's comments - that negotiations to end the Iran war and open the Strait of Hormuz had resumed - triggered a heavy bout of risk-on sentiment. Clive Maguchu, senior strategist with State Street Investment Management, spoke to Rena Sarumpaet.

Australia's property downturn is accelerating - and widening - as higher interest rates and unease over tax changes continue to impact buyer activity. The latest data from Cotality shows national property prices fell 0.7 per cent in July. For more, Jasmine Kassis spoke with Cotality Head of Research Gerard Burg. Also, the Australian share market reversed earlier losses to finish higher, helped by oil prices falling more than five per cent as Donald Trump called off planned strikes on Iran. For more, Rena Sarumpaet spoke with Sarto Advisory analyst David Walsh.

Anthropic has become the second major AI company to reveal one of its AI models hacked into other firms during security testing. For more, Stephanie Youssef spoke with Germaine Tan Shu Ting, Security and AI VP at DarkTrace. Microsoft shares soared to their best day in 18 years, as second quarter results beat expectations. For more, Rena Sarumpaet spoke with Morningstar equity market strategist Lochlan Halloway.

The Australian sharemarket snapped a three-day winning streak, to close 0.8 per cent lower, amid rising risks of inflation emanating from the escalating war in the Middle East. Rena Sarumpaet spoke to Jaqueline Fernley of Arcpoint, about the key driving forces both here and abroad.

The latest data from the ABS shows headline inflation fell from 4 per cent to 3.8 per cent in June. Despite trimmed mean inflation remaining steady at 3.6 per cent, well above the Reserve Bank's 2-3 per cent target range, the unexpected drop in the headline figures has eased concerns of another interest rate hike in August. For more, Rena Sarumpaet spoke to Harry Murphy Cruise, head of Economic Research and Global Trade at Oxford Economics Australia. The Australian share market rose following the data drop. For more, Stephanie Youssef spoke with Jamie Hannah from VaNeck.

Australia's sharemarket climbed to a six-week high ahead of key inflation data, with Todd Hoare from LGT Wealth Management unpacking the day's market moves and why China's growing influence in artificial intelligence is capturing investors' attention. Plus, Stephanie Youssef speaks with Professor Damien Manuel from the Deakin Centre for Cyber Security Research and Innovation about Origin Energy's cyber security breach, which has exposed the data of around 900,000 current and former customers, and what it means for those affected.

The Australian sharemarket has climbed to a six-week high as easing oil prices lifted investor confidence, with technology stocks and the banks leading the gains. With inflation data due on Wednesday and reporting season set to begin with Rio Tinto, SBS Finance Editor Ricardo Gonçalves speaks with Jacki Neumann from Sharesies about why investors should brace for a volatile earnings season, including the growing influence of algorithmic trading.

Australia's jobs market continues to defy expectations, with more than 76,000 jobs created in the latest month as the unemployment rate held at 4.4 per cent and workforce participation climbed to its highest level in a year.SBS Finance Editor Ricardo Gonçalves speaks with Faraz Syed, Senior Economist at Citi Australia, about what the strong labour market means for the outlook for interest rates. Plus, Ben Clark from TMS Private Wealth unpacks a mixed day on the ASX, where gains in materials and energy helped lift the market despite weakness in technology and healthcare following the jobs data.

The Australian sharemarket rose 0.3 per cent after investors sat on their hands for two session. Stephanie Youssef speaks with Luke Laretive from Seneca Financial Solutions to go through the day's moves, including another tick higher in the oil price and he's take on AI.

SBS Finance Editor Ricardo Gonçalves speaks with Mark Gardner from MPC Markets as the ASX finished flat yet again, despite the escalating conflict in the Middle-East and explores how China's newest AI tool is shaking up the industry.

Australian superannuation funds have delivered another year of strong gains, with Chant West reporting the median growth option returned 9.5 per cent in the last financial year, lifting cumulative returns to 44 per cent over four years. Mano Mohankumar, Head of Super Investments at Chant West, explains what drove the better-than-expected performance and why diversification continues to pay off. Plus, Raymond Chan, Head of Asian Desk at Morgans, unpacks a flat session for the Australian sharemarket as technology stocks weakened on China's latest AI developments while energy shares rallied after Brent crude climbed above US$90 a barrel, and explains what he's telling clients amid the latest market volatility.

The Australian sharemarket ended the week on a softer note, with the ASX 200 falling half a per cent on Friday as heavy losses among mining stocks dragged the market lower, leaving the benchmark down 0.1 per cent for the week. Meanwhile, in the United States, SpaceX shares slipped below their US$135 IPO price, leaving investors who bought at the float and held the stock sitting on a paper loss. Tony Sycamore, market analyst at IG Markets, joins the podcast to unpack the day's biggest market moves and what they mean for investors.

A stronger year for ASX listings is offering signs of renewed confidence, but competition for IPOs remains fierce as companies increasingly turn to private equity and overseas exchanges for capital. Ricardo Gonçalves speaks with ASX General Manager, Listings James Posnett about the rebound in new listings and what it means for Australia's capital markets. Plus, Mathan Somasundaram from Deep Data Analytics unpacks a flat session for the ASX as BHP shares fell amid strike action at its Port Hedland iron ore operations, while AMP and REA Group rallied on upbeat company updates.A stronger year for ASX listings is offering signs of renewed confidence, but competition for IPOs remains fierce as companies increasingly turn to private equity and overseas exchanges for capital. Ricardo Gonçalves speaks with ASX General Manager, Listings James Posnett about the rebound in new listings and what it means for Australia's capital markets. Plus, Mathan Somasundaram from Deep Data Analytics unpacks a flat session for the ASX as BHP shares fell amid strike action at its Port Hedland iron ore operations, while AMP and REA Group rallied on upbeat company updates.

A rise in BHP shares and a record for Macquarie helped to push the Australian sharemarket 0.4 per cent higher as inflation in the US eased while China's economy slowed. SBS Finance Editor Ricardo Gonçalves speaks with James Gerrish from Market Partners to find out what this means for investors and the outlook for interest rates.A rise in BHP shares and a record for Macquarie helped to push the Australian sharemarket 0.4 per cent higher as inflation in the US eased while China's economy slowed. SBS Finance Editor Ricardo Gonçalves speaks with James Gerrish from Market Partners to find out what this means for investors and the outlook for interest rates.

The S&P/ASX 200 has closed flat, despite Donald Trump saying the US would reinstate a blockade on Iranian ships transiting through the Strait of Hormuz and impose a 20 per cent toll fee. As a result, crude prices surged in their biggest one-day increase since 2020. For more, Stephanie Youssef spoke with Marcus Today senior market analyst Henry Jennings. The latest consumer sentiment reading by Westpac and the Melbourne Institute has shown confidence rose to 83.9 in July, as lower petrol prices and easing interest rate expectations provided some relief for households, though pessimists still outnumber optimists. For more, Stephanie Youssef spoke with Westpac senior economist Matthew Hassan.The S&P/ASX 200 has closed flat, despite Donald Trump saying the US would reinstate a blockade on Iranian ships transiting through the Strait of Hormuz and impose a 20 per cent toll fee. As a result, crude prices surged in their biggest one-day increase since 2020. For more, Stephanie Youssef spoke with Marcus Today senior market analyst Henry Jennings. The latest consumer sentiment reading by Westpac and the Melbourne Institute has shown confidence rose to 83.9 in July, as lower petrol prices and easing interest rate expectations provided some relief for households, though pessimists still outnumber optimists. For more, Stephanie Youssef spoke with Westpac senior economist Matthew Hassan.

A flat finish for the Australian sharemarket masked a volatile trading session, with the ASX spending most of the day in negative territory as Brent crude oil jumped 5 per cent on renewed uncertainty in the Middle East. The session also followed the blockbuster US debut of another AI-related company, raising fresh questions about where the next investment opportunities in artificial intelligence could emerge. SBS Finance Editor Ricardo Gonçalves speaks with Ben Lam, Head of Equities at Colonial First State, about the outlook for AI investing and the day's market moves.A flat finish for the Australian sharemarket masked a volatile trading session, with the ASX spending most of the day in negative territory as Brent crude oil jumped 5 per cent on renewed uncertainty in the Middle East. The session also followed the blockbuster US debut of another AI-related company, raising fresh questions about where the next investment opportunities in artificial intelligence could emerge. SBS Finance Editor Ricardo Gonçalves speaks with Ben Lam, Head of Equities at Colonial First State, about the outlook for AI investing and the day's market moves.