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.