As the market closes each day, Ross Greenwood brings you breaking business news you can’t afford to miss.
As Trump's Big Beautiful Bill passes the US Senate, market whisperer Stephen Miller explains what it means for Australians. Plus, the Quad meeting focuses on critical minerals and shares of insurers fall as a bomb cyclone hits NSW. See omnystudio.com/listener for privacy information.
As the new financial year begins, there is fresh hope in the retail sector that inflation has passed and households are starting to spend again. Plus, energy intensive businesses are warned volatile spot market prices will send them broke. See omnystudio.com/listener for privacy information.
On the last day of the financial year, stock picker Jun Bei Liu reveals which companies performed and which bombed. Plus, TCorp's Chief Economist says the RBA is being held back by it's economic models and inflation target. See omnystudio.com/listener for privacy information.
Australian investors are given a reprieve after US treasury secretary asks the Senate to dump Section 899. Plus, global markets rally on tariff delay speculation, the wedding of the century kicks off in Venice. See omnystudio.com/listener for privacy information.
Federal Reserve chair Jerome Powell stands firm after Donald Trump threatens to sack him. Plus, Xero expands into the U.S., concerns over implementing Section 899 from Trump's Big Beautiful Bill in Australia. See omnystudio.com/listener for privacy information.
Star Casino rescue deal wins shareholder support, inflation eases to 2.1 per cent from 2.4 per cent. Plus, Treasurer Jim Chalmers urges US to reconsider tax hike. See omnystudio.com/listener for privacy information.
Global markets rebound after Trump announces a ceasefire between Israel and Iran. Plus, Virgin Australia returns to the ASX, NSW and Queensland release their state budgets today. See omnystudio.com/listener for privacy information.
Global markets are on edge after the escalating conflict in the Middle East. Plus, oil prices have surged after the US launched a series of strikes on Iran. See omnystudio.com/listener for privacy information.
Escalating geopolitical tensions in the Middle East rattle oil and commodities markets. An Abu Dhabi based consortium announces a massive takeover deal for Santos, Australia's median house price reaches $1 million. See omnystudio.com/listener for privacy information.
The May unemployment rate comes in flat for the fifth consecutive month, HSBC Economist Paul Bloxham weighs in on the productivity debate, WA delivers another budget surplus. Plus, businesses say insurance is their biggest concern. See omnystudio.com/listener for privacy information.
Treasurer Jim Chalmers sets the financial agenda for the Government and reveals he is open to tax reform. Plus, Optus agrees to pay a massive fine and business conditions improve but the hospitality sector is still under pressure. See omnystudio.com/listener for privacy information.
With the Middle East on edge Trump leaves the G7 meeting early, US expert John Kunkel explains how the conflict may affect Australia. Plus, Morningstar says Virgin's IPO price is a bit steep and the Vinnies CEO Sleep Out enters it's 20th year. See omnystudio.com/listener for privacy information.
Energy sites emerge as key targets in the Israel-Iran conflict, energy expert Saul Kavonic explains what impact the escalation will have on the price of oil. Plus, ASIC launches an inquiry into the ASX and the auction clearance rate rises. See omnystudio.com/listener for privacy information.
Oil prices surge after Israel strikes Iran. Plus, what does the Pentagon's AUKUS review mean for Australia's defence industry? See omnystudio.com/listener for privacy information.
Doubts over the $300 billion AUKUS defence joint venture after the Pentagon orders a review into the deal. Plus, NEXTDC announces a $2 billion project in Melbourne, Westpac's chief economist predicts the RBA's next move. See omnystudio.com/listener for privacy information.
The ASX hits another record high. Plus, the latest on the trade talks between the U.S. & China, Qantas closes its Jetstar Asia operations. See omnystudio.com/listener for privacy information.
Jenny Wilkinson named new Treasury Secretary, Monash IVF admits to a second embryo mix-up. Plus, construction costs continue to surge across Australia. See omnystudio.com/listener for privacy information.
Western Sydney University chancellor Jennifer Westacott is recognised in the King's Birthday Honours list. Plus, China's consumer prices slump, what will it take to get Australia's lagging construction sector back on track? See omnystudio.com/listener for privacy information.
Tesla shares tank after CEO Elon Musk's public fallout with U.S. President Donald Trump. Plus, new modelling on the proposed $3 million super tax, Australia's employment market shed jobs in early 2025. See omnystudio.com/listener for privacy information.
Farmers plead for help as drought grips Australia's southern states, lithium stocks surge sharply on global trade war tensions. Plus, patients are avoiding medical specialists over high costs. See omnystudio.com/listener for privacy information.
Economic growth disappoints economists with GDP per capita at risk of falling back into a recession, RaboBank's Ben Picton goes through the data. Plus, Trump's tariffs shake global market outlooks and California's new fire safety plan. See omnystudio.com/listener for privacy information.
The Fair Work Commission lifts the minimum wage by 3.5 per cent, one of the largest above-inflation increases on record. Plus, poor GDP figures force economists to lower their expectations for economic growth and AUSTRAC targets crypto ATMs. See omnystudio.com/listener for privacy information.
Soul Patts and Brickworks announce a mega merger worth about $14b, with CEOs Todd Barlow and Mark Ellenor explaining the tie up. Plus, economists expect dismal GDP figures and property prices hit a new record high in May. See omnystudio.com/listener for privacy information.
Stock picker Steve Johnson reveals which little ASX-listed company helped boost his fund to become a top performer. Plus, Morningstar backs WiseTech despite governance questions and the most viewed properties going to auction. See omnystudio.com/listener for privacy information.
A report warns defence build-up is too slow as geopolitical tensions soar, investor Steve Baxter reveals the state of our defence industry. Plus, retail giant Brett Blundy launches a new lingerie label with harbour side photoshoot. See omnystudio.com/listener for privacy information.
Woodside CEO Meg O'Neill exclusively speaks to Business Now and reacts to the Government approving a 40-year extension to the North West Shelf gas project. Plus, monthly inflation data points to more rate cuts and La Trobe hits the ASX. See omnystudio.com/listener for privacy information.
The collapse of Healthscope reveals Australia's private health system is struggling under the weight of inflation and rising wages, full analysis of the situation with McGrathNicol's Jason Ireland and CEO of Private Healthcare Rachel David. See omnystudio.com/listener for privacy information.
Households are set for an electric bill shock as the regulator greenlights price rises, the second largest private hospital group in Australia collapses into receivership. Plus, retirees face escalating costs for aged care from July 1. See omnystudio.com/listener for privacy information.
As flood levels on the mid-north coast recede, businesses begin the clean up process. Plus, questions rise as to why Taree council decided against building a flood levee in the central business district. See omnystudio.com/listener for privacy information.
The latest on the flooding in NSW as authorities confirm a second fatality, the CEO of Rio Tinto announces he'll step down, beef producer AACo brushes off tariff troubles. Plus, ASIC sues Snaffle and New Zealand delivers a tough budget. See omnystudio.com/listener for privacy information.
