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.
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Newly appointed Opposition Leader Angus Taylor says the Liberal Party must focus on lowering taxes to fight back against Labor's big spending agenda. Plus, the CEOs of commercial property giant BWP Group join the show.See omnystudio.com/listener for privacy information.
The Liberal Party leadership challenge is the big political talking point, but Coalition members got stuck into the Reserve Bank Governor today. Plus, AMP and Temple & Webster shares both tanked by 30 per cent during the day. See omnystudio.com/listener for privacy information.
The Commonwealth Bank's profit soars and so does its share price. Plus SGH, the old Seven Group and owner of Boral, Westrac and Coates Hire - put out a strong profit today.See omnystudio.com/listener for privacy information.
Consumer confidence slumped with all the talk about higher interest rates, shares in local insurers and insurance brokers tank. Plus, we speak with the CEO of Australia’s biggest after-market auto parts makers.See omnystudio.com/listener for privacy information.
The owner of the Carsales website took off with its profit announcement today after a rough six months, financial markets have been highly volatile of late. Plus, how many more rate rises will we see this year? The markets say one.See omnystudio.com/listener for privacy information.
More than $65b wiped out on the ASX as tech stocks nosedive, Reserve Bank Governor Michele Bullock finally admits that government spending contributes to aggregate demand. Plus, Japan's PM Sanae Takaichi is poised to win this Sunday's snap election.See omnystudio.com/listener for privacy information.
Large tech companies on Wall Street remain under serious pressure despite delivering strong earnings results. Plus, oil and gas producer Beach Energy is the first major ASX-listed energy company to report its results this profit season.See omnystudio.com/listener for privacy information.
Tech stocks were heavily sold off today, following a $300 billion US dollar rout on Wall Street, the Reserve Bank raised interest rates for the first time in more than two years. Plus, La Trobe Financial has reported strong inflows during January.See omnystudio.com/listener for privacy information.
The Reserve Bank has raised the cash rate by 25 basis points to 3.85 per cent, that's its highest level in more than two years. Plus, we'll discuss this tough economic outlook with the CEO of Australia's largest debt collector and buyer Credit Corp.See omnystudio.com/listener for privacy information.
The odds of a rate rise by the Reserve Bank got even stronger today, the founder and major shareholder of Corporate Travel Management Jamie Pherous today stood down with immediate effecthome prices kept rising in most capital cities in January.See omnystudio.com/listener for privacy information.
Nine Entertainment shares jump after plans to sell radio and regional TV assets and buy QMS Media for $850 million, Donald Trump prepares to name a new Federal Reserve chairman. Plus, gold and silver trade near record highs.See omnystudio.com/listener for privacy information.
A serious outage at the Reserve Bank delays hundreds of property settlements using the PEXA system, the ASX announces a new corporate governance advisory group. Plus, the US Federal Reserve keeps interest rates on hold.See omnystudio.com/listener for privacy information.
Major bank economists and money markets say the Reserve Bank has no choice but to raise interest rates next week. Plus, the Indonesian stock market is in freefall today, after the American finance company MSCI raised serious concerns.See omnystudio.com/listener for privacy information.
Gold and silver surge to new record highs, Don Farrell becomes the first Australian minister to visit Saudi Arabia in nearly a decade. Plus, BHP overtakes Commonwealth Bank as Australia’s biggest company after a 27 per cent rise in shares.See omnystudio.com/listener for privacy information.
It's appropriate that on Australia Day, The Aussie dollar hits its highest point against the Japanese yen since 1991. Plus, gold smashes through $US5000 an ounce for the first time in history.See omnystudio.com/listener for privacy information.
Australian super funds post double-digit returns, lifting balances about 35 per cent over three years, as ASX listings slump well below average. Plus, Donald Trump files a $5 billion lawsuit against JP Morgan and CEO Jamie Dimon.See omnystudio.com/listener for privacy information.
The odds of an RBA rate rise within weeks climb above 50 per cent following OECD warnings, unemployment falls from 4.3 per cent to 4.1 per cent. Plus, a public spat unfolds between Ryanair boss Tony O’Leary and Elon Musk.See omnystudio.com/listener for privacy information.
Shares in Australian Strategic Materials surge on a US takeover bid, ASIC orders CFD providers to refund $40 million to investors. Plus, AFIC dumps its WiseTech stake over corporate governance concerns.See omnystudio.com/listener for privacy information.
Aussie start-up Gilmour Space has rocketed to a $1 billion dollar valuation, after securing $217 million dollars in funding. Plus, mining giant BHP has posted record production of copper and iron ore during the first half of the year. See omnystudio.com/listener for privacy information.
Markets are on watch ahead of US President Donald Trump’s appearance at the World Economic Forum in Switzerland later this week. Plus, the Reserve Bank’s first monetary policy board meeting of the year will be held in just two weeks.See omnystudio.com/listener for privacy information.
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