Claim OwnershipBusiness Now with Ross Greenwood
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As the market closes each day, Ross Greenwood brings you breaking business news you can’t afford to miss.
919 Episodes
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OpenAI partnering up with NextDC to build the largest data centre in the southern hemisphere, Investment manager State Street releases their global market outlook. Plus, could there be a champagne shortage this Christmas?See omnystudio.com/listener for privacy information.
Money markets say the next move in interest rates will be up, ASIC completes its first ever survey of companies and their policies about whistle-blowers. Plus, a week out from the ban on major social media sites for under-16-year-olds kicks in.See omnystudio.com/listener for privacy information.
Australia's annual economic growth is faster than any time in two years but is still slower than government spending, Michele Bullock warns if inflation takes off, they will raise rates. Plus, buy now pay later companies tank on the stock market.See omnystudio.com/listener for privacy information.
The government's target of 1.2 million homes between now and 2030 is batterd, with home building approvals dropping again. Plus, Price Waterhouse Coopers former CEO suspended as a charted accountant for four years.See omnystudio.com/listener for privacy information.
Another warning Australia's east coast could experience power blackouts from 2027 as the nation's largest coal-fired power station is due to close. Plus, the ASX has a blackout of its own, with it unable to post time-sensitive company announcements.See omnystudio.com/listener for privacy information.
Corporate Travel Management's accounting scandal is worse than expected, inflation surged to its highest level since June 2024. Plus, Michael McCarthy joins the show to discuss the upcoming US Federal Reserve interest rates decision.See omnystudio.com/listener for privacy information.
Australia's private capital expenditure surged during the September quarter. Plus, banking regulator APRA is set to introduce debt to income limits on home loans as it attempts to prevent a build-up of risky home lending practices.See omnystudio.com/listener for privacy information.
Inflation rises to 3.8 per cent in October, marking the highest level in 16 months, Electro Optic Systems agrees to pay a $4 million penalty. Plus, the RBNZ cut interest rates today to 2.25 per cent.See omnystudio.com/listener for privacy information.
Bendigo Bank discloses major flaws with its systems made to detect and prevent money laundering and terrorism, a Seek job ad report shows ad volumes were down, but salaries lifted 3.6 per cent. Plus, a deep dive into Australia's major commodities.See omnystudio.com/listener for privacy information.
Australian non-financial companies expected to lead the economic growth in Asia Pacific next year thanks to falling interest rates. Plus, rental affordability continues to approach record lows across most of Australia.See omnystudio.com/listener for privacy information.
The stock market plunged to its lowest level since May this morning, Nvidia's shares takes a tumble on Wall Street triggering the selloff. Plus, a 1940 painting was sold overnight for nearly $55 million US dollars.See omnystudio.com/listener for privacy information.
The federal government is being encouraged by the international Monetary Fund to tackle tax reform and to spend more efficiently. Plus, Magellan Financial Group is back in the middle of a mess after successive scandals in the past year.See omnystudio.com/listener for privacy information.
Cyber criminals will be aggressively targeting consumers and retailers in the Black Friday sales, wages are growing faster for public servants compared to private sector wages. Plus, big falls in gold and crypto.See omnystudio.com/listener for privacy information.
RBA minutes kill hopes of another rate cut as stubborn inflation bites, a TPG customer dies after their phone couldn’t reach triple-zero. Plus, a deep dive into Australia’s livestock production.See omnystudio.com/listener for privacy information.
The UK High Court decides BHP is liable for the 2016 Samarco tailings dam wall collapse in Brazil, SQM says it will fight an action brought by corporate regulator ASIC. Plus, the apparent first major gas discovery in Bass Strait in eight years.See omnystudio.com/listener for privacy information.
Investors in America are worried the US Federal Reserve won't cut interest rates next month, interest rate traders and economists have been delaying Australian rate cut forecasts back until mid-next year following the unexpected unemployment numbers.See omnystudio.com/listener for privacy information.
Explosives and chemicals manufacturer Orica has reported its strongest results in 13 years thanks to surging demand from the mining sector for its products. Plus, shares in accounting software maker Xero have plunged on the market today.See omnystudio.com/listener for privacy information.
Chair of ASIC Joe Longo opened the Australian Investment and Securities Commission's annual forum in Melbourne. Plus, CEO of Roy Morgan Research Michele Levine speaks about her research in determining companies reputations.See omnystudio.com/listener for privacy information.
The Commonwealth Bank reports a 2 per cent rise in cash profit to $2.6 billion for the half-year, driven by customers refinancing at lower rates following RBA interest rate cuts. Plus, The Wiggles have come under scrutiny from the ACCC.See omnystudio.com/listener for privacy information.
The Reserve Bank pours cold water on hopes of early rate cuts, ANZ bosses miss out on $32 million in bonuses after a weak year. Plus, Bitcoin holds steady around the $100,000 mark.See omnystudio.com/listener for privacy information.
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