Insurance companies reap the rewards of increased premiums; average full time salary creeps over $100k; Alcoa & Alumina get together; reporting season continues; Australia’s new university funding arrangements to shake up the system; the looming credit card debt bomb; and Elio D’Amato joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/26/2024 • 39 minutes, 10 seconds
Peter Hurley, Director of the Mitchell Institute at Victoria University
A new university accord has been made by the government, so how will the new funding arrangements alter the sector and individual university opportunities?See omnystudio.com/listener for privacy information.
2/26/2024 • 8 minutes, 37 seconds
Elio D'Amato, Stockopedia
Australia’s aluminium industry is set for a shake up, with Alcoa stumping up for a takeover of Alumina.See omnystudio.com/listener for privacy information.
2/26/2024 • 5 minutes, 23 seconds
Mark Fitzgibbon, CEO & Managing Director of NIB Group
Insurance premiums have been on the rise – the biggest effect on our inflation figures – and that’s helped NIB to a profit of $104 million over the half year.See omnystudio.com/listener for privacy information.
2/26/2024 • 10 minutes, 55 seconds
MWP February 26: ASX flat, as big moves happen in the metal market 🔩
Alcoa & Aluminia look set to officially tie the knot, while company results continue to flood in.See omnystudio.com/listener for privacy information.
2/26/2024 • 4 minutes, 42 seconds
MWP February 23: Nvidia's market surge leads local tech sector to gains 🖥️
US tech giant Nvidia could really be anything in years to come, with artificial intelligence opening up doors for huge success.See omnystudio.com/listener for privacy information.
2/23/2024 • 4 minutes, 20 seconds
Money News with Deborah Knight - 22nd February
Anthony Albanese rules out government divestment in the supermarket sector; fast fashion in the sights of Tanya Plibersek; Nvidia rides the AI wave towards a massive boost in revenue; Bega cheese takes the cream off the top; advertising softer as consumer confidence weakens; and we focus on the earnings for Qantas under the stewardship of new CEO Vanessa Hudson in the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Megan Grew
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/22/2024 • 39 minutes, 10 seconds
Barry Irvin, Executive Chairman, Bega Cheese Limited
Bega Cheese have seen profits climb as it diversifies and adds to its already successful dairy operations.See omnystudio.com/listener for privacy information.
2/22/2024 • 11 minutes, 5 seconds
Andrew Leigh, Assistant Minister for Competition, Charities and Treasury
The government is on the warpath on market competition, but what can they actually do to bring prices down for consumers in the short term?See omnystudio.com/listener for privacy information.
2/22/2024 • 11 minutes, 53 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
Earnings for media companies have been on the softer side, but the Melbourne Cup moving to Nine Entertainment could help solidify revenue.See omnystudio.com/listener for privacy information.
2/22/2024 • 6 minutes, 36 seconds
MWP February 22: Qantas goes backwards to go forwards, with the ASX flat ✈️
Vanessa Hudson has started her big job of repairing the reputation of Qantas with a drop in underlying profit.See omnystudio.com/listener for privacy information.
2/22/2024 • 5 minutes, 7 seconds
Money News with Deborah Knight - 21st February
The wage price index shows incomes are growing ahead of inflation; a change at the top of Woolworths as Brad Banducci steps down; Qantas appoints a new chairman; Wisetech Global continues to lead the Aussie tech sector strongly; our regular retirement segment looks at superannuation and more company earnings for the first half are revealed in the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/21/2024 • 39 minutes, 3 seconds
Kaye Fallick, Retirement Commentator
Continuing our special series on retirement, we look today at the ins and outs of super. Submit your questions to moneynews@nine.com.auSee omnystudio.com/listener for privacy information.
2/21/2024 • 9 minutes, 6 seconds
Richard White, WiseTech Global CEO & Founder
Wisetech Global continues its stellar performance with a great half year profit result. But can our tech industry become a world leader?See omnystudio.com/listener for privacy information.
2/21/2024 • 10 minutes, 10 seconds
Market Wrap with Deb Knight
ASX200: down 0.66%, 7,608
AUD: 65.66 US cents
GOLD: $2,039 US/oz
BITCOIN: $78,729 AUD
Despite a revenue increase of 4.4%, Woolworths posted a loss of $781 million for the first half
Shares down 6.6% to $33.50.
Coles lost more than 4% to $15.35
Endeavour Group lost 3.2%
Corporate Travel Management’s shares sank by more than 20 percent after its half-year results missed expectations.
Santos dropped 0.8 per cent as it reported a 42 percent dip in underlying full-year net profit to $US1.423 billion
Domino’s Pizza Enterprises saw shares up 2.3 percent despite a net profit fall of 9.2 per cent to $58 million.
The Lottery Corporation’s shares gained 2 per cent following a 26 per cent boost to profits.
See omnystudio.com/listener for privacy information.
2/21/2024 • 1 minute, 24 seconds
Allan Fels, Former ACCC Chair
The boss of Woolworths has stepped down amidst pressure over price gouging and competition concerns.See omnystudio.com/listener for privacy information.
2/21/2024 • 10 minutes, 3 seconds
MWP February 21: ASX slides, as boss of Woolies announced departure 🛒
Brad Banducci will step down as the head of supermarket giant Woolworths after immense pressure on the company.See omnystudio.com/listener for privacy information.
2/21/2024 • 4 minutes, 36 seconds
Money News with Deborah Knight - 20th February
ANZ & Suncorp acquisition deal looks likely to go ahead after appeal; Virgin starts the hunt for a new CEO; BHP sees its profit sink; household standards drop back to 2017 levels; Ansell to sack 1300 workers as pandemic stockpiling catches up; the RBA doesn’t rule out further rate hikes; and Henry Jennings joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/20/2024 • 39 minutes, 50 seconds
Neil Salmon, CEO of Ansell
The end of the pandemic era has meant companies that benefited like Ansell are sailing as smoothly as they once were.See omnystudio.com/listener for privacy information.
2/20/2024 • 7 minutes, 14 seconds
Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
A couple of surprising results for retail companies could mean that the situation isn’t quite as bad as expected heading forward.See omnystudio.com/listener for privacy information.
2/20/2024 • 7 minutes, 23 seconds
David Lamont, BHP Chief Financial Officer
BHP’s profit has fallen by 86%, with its nickel division dragging the performance of the company down across the first half.See omnystudio.com/listener for privacy information.
2/20/2024 • 8 minutes, 40 seconds
James Thomson, AFR Senior Chanticleer Columnist
A decision by the Australian Competition Tribunal could allow the acquisition of Suncorp’s banking arm by ANZ to go ahead.See omnystudio.com/listener for privacy information.
2/20/2024 • 5 minutes, 46 seconds
MWP February 20: Suncorp & ANZ deal to stick, while Virgin starts a CEO search 🤝🛫
The Australian share market was steady, as the Australian Competition Tribunal overturned a decision that will allow ANZ to acquire Suncorp's banking arm.See omnystudio.com/listener for privacy information.
2/20/2024 • 4 minutes, 30 seconds
Money News with Deborah Knight - 19th February
Listen to the full show of Money News.
Host: Deborah Knight
Executive Producer: Tom Storey
Assistant Producer: Hannah McGrory
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/19/2024 • 39 minutes, 4 seconds
Marnie Baker, CEO of Bendigo and Adelaide Bank
Bendigo and Adelaide Bank has seen interim cash profits fall 5% to $268.2 million dollars, with tough competition in the mortgage sector driving the squeeze.See omnystudio.com/listener for privacy information.
2/19/2024 • 11 minutes, 3 seconds
Adam Dawes - Senior Investment Adviser Shaw And Partners
The Star’s Sydney licence at risk as casino regulator orders second probe, A2 Milk reported higher revenue and profit, Bluescope Steel results as the company announced its looking to expandSee omnystudio.com/listener for privacy information.
2/19/2024 • 8 minutes, 48 seconds
Dig Howitt, CEO and President of Cochlear
Shares in the company have increased 49 per cent over the last year and company has said the revenue from implant sales was better than expected.See omnystudio.com/listener for privacy information.
2/19/2024 • 8 minutes, 28 seconds
Money News with Deborah Knight - 15th February
The unemployment rate lifts to 4.1% as traders make their bets on interest rate cuts; Telstra brings in $1 billion on good mobile sales; Kmart’s success helps Wesfarmers to a solid first half profit; Michele Bullock defends November rate cut; movers & shakers on the Forbes Rich List; employers still seeking out grads; and Scott Phillips joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Assistant Producer: Hannah McGrory
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/15/2024 • 39 minutes
Rob Scott, Managing Director & CEO of Wesfarmers
Shoppers looking for a bargain have flocked to Kmart over the last six months, helping to deliver a profit increase for Wesfarmers.See omnystudio.com/listener for privacy information.
2/15/2024 • 7 minutes, 58 seconds
Scott Phillips – CIO, The Motley Fool
Another Australian tech company has been gobbled up by overseas buyers, but is the sector in good health?See omnystudio.com/listener for privacy information.
2/15/2024 • 10 minutes, 9 seconds
Michael Ackland, Chief Financial Officer for Telstra
Trust in the Telstra brand saw it attract 63,000 new postpaid phone customers, helping it to a profit of $1 billion for the first half.See omnystudio.com/listener for privacy information.
2/15/2024 • 10 minutes, 41 seconds
MWP January 15: Weaker jobs numbers sees money markets place bets on rates 👷
Australian unemployment has slid to its highest point in two years at 4.1%, while the ASX climbed.See omnystudio.com/listener for privacy information.
2/15/2024 • 5 minutes, 6 seconds
Money News with Deborah Knight - 14th February
The Commonwealth Bank delivers profits in the first half of $5 billion; Australians wary about trusting their bosses; rideshare company Lyft makes a big mistake; Domain’s profits lift as the property market rebounds; how to make finance sexy on Valentine’s Day; and Carl Capolingua joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/14/2024 • 39 minutes, 3 seconds
Effie Zahos, InvestSMART money expert and author, Real Girls Guide to Money
You might spend $135 on Valentine’s Day this year, but where’s the value for money if you really love your partner?!See omnystudio.com/listener for privacy information.
2/14/2024 • 4 minutes, 9 seconds
Jason Pellegrino, Domain CEO & Managing Director
A drop in listings as supply in the housing market tightened, wasn’t enough to stop Domain from recording a lift in profit to $24 million.See omnystudio.com/listener for privacy information.
2/14/2024 • 9 minutes, 2 seconds
Carl Capolingua, Content Editor at Market Index
A bad inflation read from the US has set back expectations of rate cuts from The Fed any time soon.See omnystudio.com/listener for privacy information.
2/14/2024 • 6 minutes, 12 seconds
Matt Comyn, Commonwealth Bank CEO
Commonwealth Bank has recorded a first half profit of $5 billion, saying increased competition in the market has made life tough for margins.See omnystudio.com/listener for privacy information.
2/14/2024 • 11 minutes, 59 seconds
MWP February 14: Markets tumble on US CPI, as Commonwealth takes $5 billion to the bank 💸
US CPI of 3.1% was enough to spook global markets, while Australia's largest bank reported a half-year profit of $5 billion.See omnystudio.com/listener for privacy information.
2/14/2024 • 5 minutes, 10 seconds
Money News with Deborah Knight - 13th February
Power problems across Victoria; consumer sentiment picks up on the back of inflation, interest rates & tax cuts; business conditions not as good; Australians opt to refinance over the last year; and Evan Lucas joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/13/2024 • 39 minutes, 2 seconds
Stephen Milne, Riviera Brand and Communications Director
Being on the water is back in demand, driving a boom in the boat building sector.See omnystudio.com/listener for privacy information.
2/13/2024 • 5 minutes, 37 seconds
Mike Gill, PEXA Head of Research
Australians favoured refinancing over taking out loans across 2023, with bank competition helping out.See omnystudio.com/listener for privacy information.
2/13/2024 • 6 minutes, 33 seconds
Evan Lucas, Independent Analyst
As Temple & Webster surprised with its earnings results, can the retail sector keep pulling a rabbit out of its hat?See omnystudio.com/listener for privacy information.
2/13/2024 • 10 minutes, 13 seconds
Matthew Hassan, Senior Economist at Westpac
A big leap in consumer confidence has been brought on by the moderation of inflation, the peak in interest rates, and the anticipation for tax cuts.See omnystudio.com/listener for privacy information.
2/13/2024 • 8 minutes, 30 seconds
MWP February 13: We're not there yet, but consumers are looking more confident 😎
The market stayed relatively flat during a raft of company results, while confidence figures gave some hope for the future.See omnystudio.com/listener for privacy information.
2/13/2024 • 4 minutes, 45 seconds
Money News with Deborah Knight - 12th February
JB Hi-Fi sees a silver lining in its gloomy first half earnings; Federal parliament looks at negative gearing changes; the gender pay gap closes as men pick up the home help; CSL heads backwards; stamp duty costs shown to have quintupled in a generation; Jeff Bezos realises some gains; and Elio D’Amato joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/12/2024 • 39 minutes, 1 second
Nick Garvin, Research Manager, e61 Institute
While the Federal Parliament debates negative gearing, stamp duty could be the property mobility solution that state governments are looking for as costs jump 5 times in a generation.See omnystudio.com/listener for privacy information.
2/12/2024 • 8 minutes, 27 seconds
Elio D'Amato, Stockopedia
CSL has been in a period of stagnation since the pandemic started, so will the juggernaut get going again?See omnystudio.com/listener for privacy information.
2/12/2024 • 12 minutes, 9 seconds
Terry Smart, JB Hi-Fi CEO
Despite retailers seeing a slide in activity as interest rates have risen, a better than expected sales performance helped to boost the outlook on JB Hi-Fi following its half-year report.See omnystudio.com/listener for privacy information.
2/12/2024 • 8 minutes, 28 seconds
MWP February 12: The ASX falters, while JB Hi-Fi sees a silver lining 📺
A dive in the healthcare sector led by CSL saw the ASX head backwards, but for retailer JB Hi-FI the mood wasn't as bad as it could have been.See omnystudio.com/listener for privacy information.
2/12/2024 • 5 minutes, 3 seconds
Money News with Deborah Knight - 8th February
Changes to IR laws reviewed; bosses look to escape social media brunt of sackings; things looking up for BWP Trust; Beuarepaires sale gets knocked back; Chinese inflation gets even worse; AGL quadruples its profits; local streaming content could shake up US free trade deal; Bluey #2 streaming product in the US; and Tony Sycamore joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/8/2024 • 39 minutes, 1 second
Ben Willee, General Manager and Media Director for Spinach Advertising
Australia’s free trade agreement with the United States could come under threat from new laws being introduced to guarantee local content on streaming services.See omnystudio.com/listener for privacy information.
2/8/2024 • 9 minutes, 18 seconds
Tony Sycamore – Market Analyst, IG Australia
A huge profit result for energy company AGL was built off a surge in electricity prices.See omnystudio.com/listener for privacy information.
2/8/2024 • 8 minutes, 56 seconds
Mark Scatena, BWP Management Limited Managing Director
The commercial property sector has been struggling with working from home, so it helps when your number one tenant is Bunnings. BWP Trust lifting earnings & profit over the last year.See omnystudio.com/listener for privacy information.
2/8/2024 • 8 minutes, 38 seconds
MWP February 8: Energy giant on fire, as ASX climbs again 🔥
A strong half-year result saw AGL quadruple its profit and shares lifting by 10%, while the rest of the market continued to rise.See omnystudio.com/listener for privacy information.
2/8/2024 • 4 minutes, 55 seconds
Money News with Deborah Knight - 7th February
Price gouging under the microscope as former ACCC head delivers his report; NAB to get a new CEO; the romance is over for Woodside & Santos; no need to fear running out of money in retirement; Gen Z won’t carry wallets; and Kate Hanrahan joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/7/2024 • 38 minutes, 59 seconds
Kaye Fallick, Retirement Commentator
In the first of a special series on retirement from Money News, we look at why the fear of running out of money might be more in our heads than in reality.See omnystudio.com/listener for privacy information.
2/7/2024 • 8 minutes, 39 seconds
Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
The fleeting romance between Woodside & Santos is now over, with a potential $80 billion merger deal now not going ahead.See omnystudio.com/listener for privacy information.
2/7/2024 • 8 minutes, 20 seconds
Professor Richard Holden, School of Economics, UNSW Business School
A report into price gouging has found businesses across aviation, energy and supermarket brands have been misusing their corporate weight against consumers.See omnystudio.com/listener for privacy information.
2/7/2024 • 10 minutes, 23 seconds
MWP February 7: The market climbs, as the love affair for Woodside & Santos ends 💔
The Australian share market rebounded after a couple of rough days, but all chances of a merger between two of Australia's biggest energy players looks dead and buried.See omnystudio.com/listener for privacy information.
2/7/2024 • 4 minutes, 38 seconds
Money News with Deborah Knight - 6th February
The RBA keeps rates on hold; Michele Bullock fronts the press; Stage 3 tax cuts to make it through parliament; bosses to be restricted from calling workers; energy prices might not drop like expected; Godfreys looks for a lifeline; a couple of retailers outperform; investment in tech startups fall; and Henry Jennings joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/6/2024 • 39 minutes
Chris Gillings, Founder of Cut Through Venture & Director at Five V Capital
Investment in Australian tech startups has fallen, as the crunch of interest rates harms a sector with a lot of growth potential.See omnystudio.com/listener for privacy information.
2/6/2024 • 6 minutes, 45 seconds
Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
A couple of surprising results for retail companies could mean that the situation isn’t quite as bad as expected heading forward.See omnystudio.com/listener for privacy information.
2/6/2024 • 7 minutes, 30 seconds
Shane Oliver, Chief Economist at AMP
The Reserve Bank kept rates on hold in its February meeting as many expected, but talk of more rate hikes hung over the decision.See omnystudio.com/listener for privacy information.
2/6/2024 • 13 minutes, 43 seconds
MWP February 6: RBA holds rates, but what's that about hikes?! 👀
Expectations for a rate hold by the Reserve Bank came true, but a mention of rate hikes might start to worry investors again.See omnystudio.com/listener for privacy information.
2/6/2024 • 4 minutes, 11 seconds
Money News with Deborah Knight - 5th February
The RBA starts its new era; rates decision to come tomorrow; banks start to adjust fixed rates; lending averages soar; and Adam Dawes joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/5/2024 • 39 minutes, 2 seconds
Amir Ghandar, Chartered Accountants Reporting and Assurance Leader
With investors demanding more transparency on the companies they invest in, climate risks are showing up in company disclosures.See omnystudio.com/listener for privacy information.
2/5/2024 • 6 minutes, 29 seconds
Adam Dawes, Senior Investment Adviser, Shaw and Partners
Earnings season is about to kick off, so who do we have our own over the next month?See omnystudio.com/listener for privacy information.
2/5/2024 • 7 minutes, 43 seconds
Sally Tindall, Research Director for RateCity
While the Reserve Bank is unlikely to move the needle on interest rates when it meets, some banks are trying to get ahead of the curve.See omnystudio.com/listener for privacy information.
2/5/2024 • 11 minutes, 22 seconds
MWP February 5: Iron ore drop sees market weighed down 🪨⛏️
The Australian share market once again gave back the gains of the previous sessions as investors wait to hear from the Reserve Bank tomorrow.See omnystudio.com/listener for privacy information.
2/5/2024 • 5 minutes, 9 seconds
Money News with Deborah Knight - 1st February
Tech companies face the music; 40% of the world’s population heads to the polls in 2024; building approvals slump; petrol prices under the microscope; Australian agribusiness gets a positive outlook for the year; office vacancies at levels not seen for almost 30 years; and Scott Phillips joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
2/1/2024 • 39 minutes, 4 seconds
Stefan Vogel, RaboResearch general manager Australia and New Zealand
Australia’s agribusiness industry is one of the backbones of the national economy, so a good outlook for farmers is good for everyone.See omnystudio.com/listener for privacy information.
2/1/2024 • 8 minutes, 4 seconds
Scott Phillips – CIO, The Motley Fool
The banks have been performing strongly, but with rate cuts taking longer, does that affect their outlook?See omnystudio.com/listener for privacy information.
2/1/2024 • 9 minutes, 3 seconds
Ashley Glover, CMC Head of Sales Trading APAC & Canada
US tech companies are reporting billions in revenue as their influence grows. Plus how will 40% of the world’s population voting affect global markets?See omnystudio.com/listener for privacy information.
2/1/2024 • 8 minutes, 35 seconds
MWP February 1: US Fed pours cold water on rate cuts, sending ASX backwards 💦
With markets eager for central banks to cut rates and cut hard, news from the FOMC of a slower process sent stocks backwards.See omnystudio.com/listener for privacy information.
2/1/2024 • 5 minutes, 10 seconds
Money News with Deborah Knight - 31st January
Australia’s inflation rate plummets to 4.1% for the December quarter; the Australian share market climbs to record highs; APRA warns the banks on cyber security; Google looks to pump up its AI division; energy prices set to fall as wholesale electricity prices drop; young accountants know their worth; the $1 coin worth 3000 times as much; and Carl Capolingua joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/31/2024 • 39 minutes, 2 seconds
Tony Wood – Grattan Institute Program Director, Energy
Energy prices could start to fall from the middle of the year, with drops in the wholesale electric market expected to be passed on.See omnystudio.com/listener for privacy information.
1/31/2024 • 8 minutes, 44 seconds
Carl Capolingua, Content Editor at Market Index
Australia’s share market entered record territory, as falling inflation gave investors the shot in the arm they needed.See omnystudio.com/listener for privacy information.
1/31/2024 • 8 minutes, 31 seconds
Warren Hogan, Managing Director of EQ Economics
Inflation for the December quarter has come in below expectations at 4.1%, prompting a conversation about when we might start to see rate cuts.See omnystudio.com/listener for privacy information.
1/31/2024 • 10 minutes, 31 seconds
MWP January 31: Encouraging CPI figures drives ASX to a record high 📈
A better-than-expected headline inflation result of 4.1% saw the Australian share market soaring to a new record high close.See omnystudio.com/listener for privacy information.
1/31/2024 • 5 minutes, 3 seconds
Money News with Deborah Knight - 30th January
Retail spending plunges in the month of December; worries banks won’t pass on full rate cuts; Toyota leads the way on car sales for the fourth month in a row; double-edged sword for Australian exports on Evergrande news; Super Bowl tickets costing an arm & a leg; and Evan Lucas joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/30/2024 • 39 minutes, 3 seconds
Michael Smith, AFR North Asia Correspondent
The liquidation of Evergrande is not a done deal yet, but if it leads to economic stimulus from the Chinese government, could it help the Australian economy?See omnystudio.com/listener for privacy information.
1/30/2024 • 7 minutes, 48 seconds
Evan Lucas, Independent Analyst
Australia’s share market looks headed towards a record high, so will good inflation numbers be the catalyst to get it over the line?See omnystudio.com/listener for privacy information.
1/30/2024 • 8 minutes, 26 seconds
Fleur Brown, Australian Retailers’ Association Chief Industry Affairs Officer
Retail figures were a disaster, dropping 2.7% in the month of December, as iconic vacuum retailer Godfreys goes into voluntary administration.See omnystudio.com/listener for privacy information.
1/30/2024 • 9 minutes, 47 seconds
MWP January 30: The shop has stopped, as ASX pushes towards record territory 🛍️
Bleak retail figures spell a disaster for many consumer-facing companies through 2024, but that has stopped the Australian share market from charging forward.See omnystudio.com/listener for privacy information.
1/30/2024 • 4 minutes, 58 seconds
Money News with Deborah Knight - 29th January
Chinese property developer Evergrande into liquidation; Qantas turns to consultants to make the planes run on time; business makes its pitch for the Federal budget; insurance costs & climate risks makes bad news for half a million dwellings; and Elio D’Amato joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/29/2024 • 39 minutes, 1 second
Dr. Graeme Riddell, Climate & Sustainability Consulting Leader at Marsh
Australia’s insurance costs are already out of control, but climate risks could make half a million dwellings uninsurable by 2030.See omnystudio.com/listener for privacy information.
1/29/2024 • 8 minutes, 1 second
Elio D'Amato, Stockopedia
While the Australian share market is almost back to record territory, Chinese property woes could send ripples across global equity markets.See omnystudio.com/listener for privacy information.
1/29/2024 • 9 minutes, 42 seconds
Andrew McKellar, CEO of the Australian Chamber of Commerce and Industry
While the Federal Budget might be months away, business groups are putting in their pitches to the government, with productivity king again.See omnystudio.com/listener for privacy information.
1/29/2024 • 10 minutes, 45 seconds
MWP January 29: ASX climbs again, but a Hong Kong liquidation might hurt 🚧
Chinese property developer Evergrande has been liquidated by a Hong Kong court, with the fallout still unknown for financial markets.See omnystudio.com/listener for privacy information.
1/29/2024 • 5 minutes, 6 seconds
Money News with Deborah Knight - 25th January
Anthony Albanese makes his public pitch on the Stage 3 tax cut changes; the ACCC to look into the supermarkets; Domino’s Pizza has a horror day on the markets; Tesla earnings looking soft; Netflix moves into the realm of professional wrestling; we celebrate the best of Australia ahead of Australia day; and Scott Haywood joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/25/2024 • 39 minutes, 2 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
Netflix has brought in more viewers with its crack down on password sharing, and a $5 billion deal with WWE Raw could attract even more eyeballs.See omnystudio.com/listener for privacy information.
1/25/2024 • 6 minutes, 12 seconds
Charlie Bass, WA Senior Australian of the Year & Aquila Resources co-founder
Charlie Bass has built his career in the mines of WA, but is using his wealth & influence to set up the next generation of entrepreneurs.See omnystudio.com/listener for privacy information.
1/25/2024 • 8 minutes, 29 seconds
John Kehoe, AFR Economics Editor
Anthony Albanese has laid out his plans for Stage 3 tax cuts at the National Press Club, so will it change the behaviour of taxpayers?See omnystudio.com/listener for privacy information.
1/25/2024 • 11 minutes, 4 seconds
Scott Haywood – The Finance Guru & Money News Contributor
The US reporting season has kicked off with Tesla’s earnings coming in softer than expected.See omnystudio.com/listener for privacy information.
1/25/2024 • 5 minutes, 2 seconds
MWP January 25: ASX rises yet again, but it's a stale slice for Domino's 🍕
The Australian market surged another half a percent, but it was bad news for pizza chain Domino's, which lost almost a third of its value in a single day.See omnystudio.com/listener for privacy information.
1/25/2024 • 5 minutes, 4 seconds
Money News with Deborah Knight - 24th January
Stage 3 changes sees those on $200,000 losing half their cut; house prices return to record levels; super funds put their hands up to take on the problem of providing financial advice; and Kate Hanrahan joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/24/2024 • 39 minutes, 4 seconds
Kelly Power, Colonial First State Superannuation CEO
Australians are in dire need of financial advice, but many don’t have the funds to afford it. So could a dip into superannuation be a way to solve the problem?See omnystudio.com/listener for privacy information.
1/24/2024 • 5 minutes, 38 seconds
Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
Online retail could be back, after Kogan gave good indications on its revenue in its half year update.See omnystudio.com/listener for privacy information.
1/24/2024 • 7 minutes, 8 seconds
Dr. Nicola Powell, Chief of Research & Economics at Domain
See omnystudio.com/listener for privacy information.
1/24/2024 • 8 minutes, 45 seconds
MWP January 24: Government shakes up tax cuts, as ASX nudges up again 🏛️
Anthony Albanese has reneged on an election promise not to touch the legislated Stage 3 tax cuts, but will be facing a parliamentary fight to get the changes over the line.See omnystudio.com/listener for privacy information.
1/24/2024 • 5 minutes, 36 seconds
Money News with Deborah Knight - 23rd January
Australian business confidence is still at pessimistic levels, according to NAB’s latest survey; the Future Fund grows by 8%; more than 700,000 red flags raised for illegal business activity; food inflation set to moderate as supermarkets cut meat prices; and Henry Jennings joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/23/2024 • 39 minutes, 2 seconds
Michael Harvey, Rabobank Senior food retail analyst
Australian food price inflation is set to fall, just as Woolies & Coles both announce cuts to the price of red meat in their stores.See omnystudio.com/listener for privacy information.
1/23/2024 • 7 minutes, 54 seconds
Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
As the bulk of US reporting kicks off, will the sentiment around rate cuts carry through to a good set of results across Wall Street?See omnystudio.com/listener for privacy information.
1/23/2024 • 11 minutes, 14 seconds
Alan Oster, Group Chief Economist at NAB
Business conditions eased further in the latest NAB Business Survey, and while confidence may be rising, we’re still in pessimistic territory.See omnystudio.com/listener for privacy information.
1/23/2024 • 10 minutes, 17 seconds
MWP January 23: Mixed results for business, but ASX storms ahead ⛈️
NAB's Business Survey for November showed that while confidence might be improving, there's still a long way to go to get the business narrative back on track.See omnystudio.com/listener for privacy information.
1/23/2024 • 4 minutes, 46 seconds
Money News with Deborah Knight - 22nd January
The government looks to make changes to the legislated Stage 3 tax cuts; Australia industry experts to help Saudi miners; ANZ to offer choice on Australia Day public holiday; retirees pessimistic despite strong super returns; employers get back the upper hand in working from home debate; and Kyle Rodda joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/22/2024 • 39 minutes, 4 seconds
Matt Cowgill, SEEK Senior Economist
With jobs numbers easing and the economy cooling, bosses might have the upperhand again when it comes to working from home.See omnystudio.com/listener for privacy information.
1/22/2024 • 7 minutes, 29 seconds
Jonathon Shead, Head of Retirement Solutions at State Street Global Advisors
Australian soon-to-be retirees are shifting their attitudes towards superannuation, despite good returns from the funds across the last year.See omnystudio.com/listener for privacy information.
1/22/2024 • 5 minutes, 48 seconds
Kyle Rodda, Senior Financial Market Analyst at Capital.com
Commonwealth Bank is at its highest share price, but analysts are split on whether the bank can continue its good run.See omnystudio.com/listener for privacy information.
1/22/2024 • 7 minutes, 30 seconds
Chris Richardson, independent economist and founder of Rich Insight
Changes to Stage 3 tax cuts by the Albanese government could make the payments more fair & equitable, but will it actually help our inflation fight?See omnystudio.com/listener for privacy information.
1/22/2024 • 9 minutes, 48 seconds
MWP January 22: A good day for the banks helps the ASX to climb 🏦
On a good day for the financials, Commonwealth Bank keeps forging ahead helping the ASX to lift again.See omnystudio.com/listener for privacy information.
1/22/2024 • 4 minutes, 41 seconds
Money News with Deborah Knight - 18th January
Australia’s unemployment rate stays steady at 3.9% despite job losses; Qantas tries to fix its public perception with loyalty program changes; super growth of 10% across 2023; iron ore a vital part of Australia’s economy; Kanye West’s expensive new grill; Apple beats Samsung; and Scott Phillips joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/18/2024 • 39 minutes, 2 seconds
Gavin Wendt, Founding Director and Senior Resource Analyst, MineLife
Iron ore is vital to the success of Australia’s economy, so with prices rising to more than double the expectations of Treasury, could it be our saviour?See omnystudio.com/listener for privacy information.
1/18/2024 • 9 minutes, 11 seconds
Scott Phillips – CIO, The Motley Fool
Ampol is expecting its convenience retail business to pick up some losses in other areas of the businessSee omnystudio.com/listener for privacy information.
1/18/2024 • 8 minutes, 31 seconds
David Bassanese, Chief Economist at BetaShares
The official unemployment number stayed at 3.9% for the month of December, but a changing seasonal trend tells a bigger story about our buying habits.See omnystudio.com/listener for privacy information.
1/18/2024 • 9 minutes, 5 seconds
MWP January 18: ASX loses again on rate fears & job losses blamed on seasonal change 💼
ABS statistics showed 65,000 jobs were lost in the month of December, but the unemployment rate still held at 3.9%See omnystudio.com/listener for privacy information.
1/18/2024 • 4 minutes, 54 seconds
Money News with Deborah Knight - 16th January
Comments from the US Fed sets off fears over interest rate cuts; artificial intelligence to get a risk-based approach by the Federal government; Chinese GDP meets its 5% growth target; school fees & activity costs continue to get worse; tips & tricks to get your budget back into order; Qantas sees its reputation tumble; and Carl Capolingua joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/17/2024 • 39 minutes, 5 seconds
Victoria Devine, financial adviser & She’s On the Money podcast host
After Christmas our bellies might be plump, but our wallets are usually very slim. Some tips and tricks of how to get your budget back in order at the start of 2024.See omnystudio.com/listener for privacy information.
1/17/2024 • 5 minutes, 23 seconds
Carl Capolingua, Content Editor at Market Index
Australia’s market was led by comments from the US & data out of China, with neither exactly setting the local bourse on fire.See omnystudio.com/listener for privacy information.
1/17/2024 • 5 minutes, 41 seconds
Bran Black, Business Council of Australia CEO
The Business Council backs the potential for growth that artificial intelligence can provide to the Australian economy.See omnystudio.com/listener for privacy information.
1/17/2024 • 6 minutes, 23 seconds
Kate Pounder, Tech Council of Australia CEO
The Tech Council responds to the government assessment of how artificial intelligence will be regulated going forward.See omnystudio.com/listener for privacy information.
1/17/2024 • 8 minutes, 5 seconds
MWP January 17: China hits GDP target, as ASX falls again on Fed comments 🇨🇳
China managed to keep its economy growing by more than 5% despite concerns, as comments by the US Fed Governor moved the market.See omnystudio.com/listener for privacy information.
1/17/2024 • 4 minutes, 31 seconds
Money News with Deborah Knight - 16th January
Consumer sentiment plummets to levels only seen before in the early 90s recession; corporate travellers enjoying perks of the sky; Australians getting stung by surcharges to the tune of $140 a year; ETFs continue to gain popularity as an investment option; Kmart Australia looks to take on the world; and Evan Lucas joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/16/2024 • 39 minutes, 4 seconds
The Market Wrap with Evan Lucas, Independent Analyst
The US election season is in full swing, but how much does a Donald Trump caucus win in Iowa translate into market movement?See omnystudio.com/listener for privacy information.
1/16/2024 • 12 minutes, 35 seconds
Brad Kelly, Managing Director at Payment Services Group
Australian consumers & small businesses are being stung by card surcharges & fees, with the payment services providers winning big.See omnystudio.com/listener for privacy information.
1/16/2024 • 8 minutes, 8 seconds
Matthew Hassan, Senior Economist at Westpac
Despite a hold in interest rates at the back of 2023, and falling inflation, consumers are still ultra-pessimistic about the fate of the economy.See omnystudio.com/listener for privacy information.
1/16/2024 • 9 minutes, 56 seconds
MWP January 16: A day of red, as the iron ore price comes down from highs 📉
The ASX 200 lost more than 1% on the day as Energy & Materials companies all suffered. But will iron ore prices remain at record highs?See omnystudio.com/listener for privacy information.
1/16/2024 • 4 minutes, 50 seconds
Money News with Deborah Knight - 15th January
The fight over Stage 3 tax cuts hots up; inflation continues to moderate; supermarkets under pressure over prices rises; phone prices on the increase at Vodafone; Qantas facing more legal action in the US; Bitcoin gains mainstream access in the US; and Elio D’Amato joins us for the Market Wrap.
Host: Deborah Knight
Executive Producer: Tom Storey
Technical Producer: Declan Helmore
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
1/15/2024 • 39 minutes, 3 seconds
Caroline Bowler, BTC Markets CEO
Bitcoin will become much more of a mainstream product after the SEC accepted a US ETF option. How will Australian investors cash in on the news?See omnystudio.com/listener for privacy information.
1/15/2024 • 5 minutes, 54 seconds
Fred Harrison, CEO of Ritchies Stores
Australian supermarkets have been in the firing line as prices rise, but with costs also heading upwards the outrage might be a little unfair.See omnystudio.com/listener for privacy information.
1/15/2024 • 7 minutes, 14 seconds
The Market Wrap with Elio D'Amato, Stockopedia
We were told retailers would be suffering across the Christmas period on higher interest rates, so are Super Retail Group’s sales an outlier or a surprisingly good indicator?See omnystudio.com/listener for privacy information.
1/15/2024 • 7 minutes, 25 seconds
Angus Taylor, Shadow Treasurer
While the government has committed to the Stage 3 tax cuts, there are concerns that it could flip its position. And what will the impact on inflation be?See omnystudio.com/listener for privacy information.
1/15/2024 • 10 minutes, 1 second
MWP January 15: ASX flat, but Santos gets a green light 🏗️
A court ruling in favour of Santos helped the energy sector lead the ASX, but not enough to get the market into positive territory for the day.See omnystudio.com/listener for privacy information.
1/15/2024 • 4 minutes, 57 seconds
***BONUS*** Money News End of Year Recap 2023 🎄🎄🎆
As the Money News show take a well-deserved break at the end of 2023, host Scott Haywood and executive producer Tom Storey sit down to talk about the trends & issues that made the most headlines in business, economics & finance across 2023.See omnystudio.com/listener for privacy information.
12/18/2023 • 37 minutes, 36 seconds
Money News with Scott Haywood - 14th December
The US FOMC keeps interest rates on hold signalling a shift in outlook for the economy; the Australian unemployment rate grows to 3.9%; Woolworths gets ACCC approval for pet dominance; higher ATAR scores leading to higher salaries; retail media advertising to shape the market; and Tony Sycamore joins us for the Market Wrap.
Hosts: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Liam Achurch & Zac Darby
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/14/2023 • 38 minutes, 27 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
An increase in retail media advertising will see more direct advertising closer to the point of sale, and away from legacy media.See omnystudio.com/listener for privacy information.
12/14/2023 • 10 minutes, 40 seconds
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
A rally on Wall Street saw REITS and tech stocks leading the local market to a rally of 1.7%.See omnystudio.com/listener for privacy information.
12/14/2023 • 9 minutes, 32 seconds
David Bassanese, Chief Economist at BetaShares
The soft landing is in sight, with Australia’s unemployment rate rising to 3.9% across the month of November.See omnystudio.com/listener for privacy information.
12/14/2023 • 8 minutes, 34 seconds
MWP December 14: US rates on hold, sprinkling the market with Christmas joy! 🎅🎄
Confirmation from the US Fed that rates have likely hit their peak spurred the Australian share market into big gains today, and the dollar soaring.See omnystudio.com/listener for privacy information.
12/14/2023 • 4 minutes, 59 seconds
Money News with Scott Haywood - 13th December
The government’s Mid-Year Economic & Fiscal Outlook shows a shrinking deficit on the back of higher tax revenue; US headline inflation falls to 3.1%; the golden era for used car sales looks to be over; Argentine peso devalued by 54%; business failures set to rise in 2024; Netflix opens up the books; insurers prepare for Cyclone Jasper; and Kate Hanrahan joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Liam Achurch
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/13/2023 • 38 minutes, 3 seconds
Patrick Coghlan, CEO of CreditorWatch
Business failures are set to rise in 2024, with the value of invoices for Australian businesses dropping 34% this year.See omnystudio.com/listener for privacy information.
12/13/2023 • 7 minutes, 27 seconds
The Market Wrap with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
The share price of Sigma Healthcare shot up today in the wake of its deal with Chemist Warehouse as it returned to the ASX.See omnystudio.com/listener for privacy information.
12/13/2023 • 8 minutes, 7 seconds
John Kehoe, AFR Economics Editor
The government’s Mid-Year Economic & Fiscal Outlook has predicted the deficit to shrink, with increased tax revenues.See omnystudio.com/listener for privacy information.
12/13/2023 • 11 minutes, 1 second
MWP December 13: Surplus in sight again, as ASX continues its rally📄
The government has improved its forecasts in the MYEFO update, with the chance of a second surplus in a row now in reach.See omnystudio.com/listener for privacy information.
12/13/2023 • 4 minutes, 31 seconds
Alan Oster, Group Chief Economist at NAB
Business confidence and conditions have sunk across the month of November, reacting to the worsening outlook for 2024.See omnystudio.com/listener for privacy information.
12/12/2023 • 7 minutes, 10 seconds
Let's Talk Business with Philip Daffas, CEO and Managing Director of PainChek
One company is utilising artificial intelligence to create technology making it easier for pain management in dementia patients.See omnystudio.com/listener for privacy information.
12/12/2023 • 6 minutes, 52 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
Iron ore production has become a crucial arm of the Australian economy, so will prices over $135 a tonne help buoy the market?
MARKET WRAP:
ASX200: up 0.50%, 7,235
AUD: 65.95 US cents
GOLD: $2,002 US/oz
BITCOIN: $63,689 AUD
It was the tech sector that was doing most of the heavy lifting.
Xero rose just under 4% per cent to $108
Wisetech Global was also up 2.6% to $70
Qube Holdings climbed 2.5 per cent to $3.15
Cochlear shooting up more than 2 per cent to $293.85
Lynas Rare Earths fell 4.5 per cent to close just above $6
IDP Education down 4.3 percent to $21.73
IGO softened, down 3.8 per cent to $7.71
See omnystudio.com/listener for privacy information.
12/12/2023 • 10 minutes, 6 seconds
Let's Talk Business with Angus Sedgwick, OptiPay CEO
The ATO tax amnesty for small businesses ends on December 31, but what should SMEs be doing to prepare for the next year?See omnystudio.com/listener for privacy information.
12/12/2023 • 3 minutes, 36 seconds
Money News with Scott Haywood - 12th December
Michele Bullock backs the use of cash into the future; business confidence & conditions fall; consumer confidence upticks slightly; iron ore continues to buoy the Australian economy; an Australian company helps pain assessments in dementia payments; ATO SME tax amnesty fast approaching; Woolworths the most trusted brand; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Liam Achurch & Zac Darby
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/12/2023 • 38 minutes, 20 seconds
MWP December 12: ASX lifts again on expectations of American inflation beauty
Tech stocks were feeling good today, as the world awaits to see if US inflation is back on track, and rate increases are no more.See omnystudio.com/listener for privacy information.
12/12/2023 • 4 minutes, 15 seconds
Money News with Scott Haywood - 11th December
The government announces its 10-year plan on migration; foreign investment crackdown could free up property; Chemist Warehouse to push ahead with $8.8 billion deal to join the ASX; Virgin workers cruising along; Canstar finds grocery prices still scaring consumers; an ASX-listed pharma company secures its future; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Kayne Stephens & Zac Darby
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/11/2023 • 38 minutes, 58 seconds
Blair Norfolk, Biome MD & founder
ASX-listed pharma company Biome has secured a deal that will take care of its future.See omnystudio.com/listener for privacy information.
12/11/2023 • 5 minutes, 51 seconds
Steve Mickenbecker, Canstar group executive
Canstar’s Consumer Pulse report has found that the cost of living – particularly grocery prices – are still scaring Australians heading into 2024.See omnystudio.com/listener for privacy information.
12/11/2023 • 8 minutes, 6 seconds
Adam Dawes, Senior Investment Adviser, Shaw and Partners + Market Wrap
Christmas is around the corner, but it seems like the perfect gift for many companies is merger & acquisition talk.
MARKET WRAP:
ASX200: up 0.06%, 7,199
AUD: 65.63 US cents
GOLD: $2,014 US/oz
BITCOIN: $64,226 AUD
Sigma Healthcare agreed to a “transformational merger” with Chemist Warehouse for $8.8 billion
Sigma shares last traded at 76.25¢.
Kin Group has upped its buyout bid for Pact Group to 84¢ a share, from a previous 68¢-a-share offer.
The shares jumped 22 per cent to trade at the new bid price.
Pilbara Minerals weaker today just under 3% to $3.60
Woodside Energy and Santos also buoyed the market, rallying 1.4 per cent and 0.8 per cent, respectively.
See omnystudio.com/listener for privacy information.
12/11/2023 • 8 minutes, 30 seconds
Leanne Pilkington, Real Estate Institute of Australia President
The government will make changes to foreign investment rules that could free up more supply in the property market.See omnystudio.com/listener for privacy information.
12/11/2023 • 7 minutes, 44 seconds
MWP December 11: Market flat, iron ore booms, while M&A action springs to life 🤝
While we might be coming to the end of the year, there's still plenty of deal action for ASX-listed companies that will be the focus of 2024See omnystudio.com/listener for privacy information.
12/11/2023 • 4 minutes, 36 seconds
Money News with Scott Haywood - 7th December
The government sneaks industrial relations reforms through the Senate; changes coming on financial advice; possible merger explored between Woodside and Santos; deals on the table for Chemist Warehouse & Perpetual Financial; influencer marketing takes off as social media grows; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/7/2023 • 38 minutes, 54 seconds
Ryan Schram, President & COO of IZEA
Influencer marketing has grown as social media has become a larger part of life, but how does it actually all work?See omnystudio.com/listener for privacy information.
12/7/2023 • 6 minutes, 7 seconds
The Market Wrap with Scott Phillips, CIO at The Motley Fool
The end of year is near, but that hasn’t stopped some companies seeking to make some big moves for the future.
MARKET WRAP:
ASX200: down 0.07%, 7,173
AUD: 65.60 US cents
GOLD: $2,045 US/oz
BITCOIN: $66,911 AUD
Energy companies Paladin, Karoon and Boss Energy were all some of the biggest losers on the bourse today.
Perpetual’s share price jumped more than 6 per cent higher after the firm formally rejected a $3 billion buyout proposal from investment conglomerate Washington H. Soul Pattinson.
Soul Patts went the other way, falling 3 percent to $32.88.
Lithium stocks up
Pilbara Minerals up 4.4% to $3.56
IGO up 2% to close just under $8.
See omnystudio.com/listener for privacy information.
12/7/2023 • 8 minutes, 52 seconds
Sarah Abood, CEO of the Financial Advice Association of Australia
Reaction to the decision of the government to alter the financial advice industry.See omnystudio.com/listener for privacy information.
12/7/2023 • 5 minutes, 11 seconds
Stephen Jones, Assistant Treasurer & Financial Services Minister
Changes to the financial advice system might not deliver the outcomes needed, and could complicate the system.See omnystudio.com/listener for privacy information.
12/7/2023 • 11 minutes, 5 seconds
MWP December 7: Chemist Warehouse looks to give the good medicine to the ASX 💊💊
The Australian share market was flat, but it was a move by Chemist Warehouse that could soon see the pharmacy retailer have a presence on the ASX.See omnystudio.com/listener for privacy information.
12/7/2023 • 4 minutes, 17 seconds
Money News with Scott Haywood - 6th December
The national accounts show Australia’s economy is slowing; hopes of rate cuts in 2024 send the local market skyward; flights to Bali could get more expensive; global movements & economic conditions set to impact investment next year; life insurers look to get into the financial advice game; and Carl Capolingua joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/6/2023 • 39 minutes, 1 second
The Market Wrap with Carl Capolingua, Market Analyst for Think Markets
The Australian sharemarket has roared, getting back to its best position since September on the chance of rate cuts in 2024.
MARKET WRAP:
ASX200: up 1.65%, 7,178
AUD: 65.90 US cents
GOLD: $2,045 US/oz
BITCOIN: $66,238 AUD
Real estate, bank and technology stocks were among the best performers on a bumper day.
Mirvac increasing 4.4 per cent to $2.10
Dexus up 3 per cent
Goodman rallying 1.7 per cent to $23.48
Endeavour Group rallied 2 per cent to $5.18
Pilbara Minerals today up 5 ½ per cent to $3.41
IGO up more than 4% to $7.80
Investment house Washington H Soul Pattinson has made a bid for wealth company Perpetual
Perpetual climbed 5.1 per cent on the day
Sigma entered a trading halt as it raises about $350m through Goldman Sachs as part of plans for a back door listing of the $3bn Chemist Warehouse.
See omnystudio.com/listener for privacy information.
12/6/2023 • 7 minutes, 47 seconds
Christine Cupitt, Council of Australian Life Insurers CEO
As the number of financial advisers dwindles, life insurers are pressuring the government to include them as part of the mix.See omnystudio.com/listener for privacy information.
12/6/2023 • 5 minutes, 20 seconds
Nathan Lim, Chief Investment Officer at Lonsec
Global conditions changed the investment outlook in 2023, so how is the next year shaping up for investors?See omnystudio.com/listener for privacy information.
12/6/2023 • 7 minutes, 59 seconds
Warren Hogan, Managing Director of EQ Economics
Australia’s GDP has slowed, but that’s exactly what the Reserve Bank has been hoping for, giving hope that further rate hikes may not be needed.See omnystudio.com/listener for privacy information.
12/6/2023 • 8 minutes, 57 seconds
MWP December 6: Rate cut expectations continues roller coaster week on the ASX 🎢
The ASX is now pricing in rate cuts, which sent the market into giddy delight, closing up to its highest point since late September.See omnystudio.com/listener for privacy information.
12/6/2023 • 4 minutes, 32 seconds
Money News with Scott Haywood - 5th December
The Reserve Bank keeps the cash rate on hold at 4.35% in its final meeting of 2023; Bitcoin prices continue to soar; insurance numbers not looking strong despite weather risks; a small business in the coffee world making big leaps; predictions of a softening housing market; offset accounts rise to record levels; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/5/2023 • 38 minutes, 53 seconds
Let's Talk Business with Julia Tink, Co-Founder & Director of St Remio
Starting any small business is taking a big risk, but the world of coffee has been turned into an ethical adventure by St Remio.See omnystudio.com/listener for privacy information.
12/5/2023 • 10 minutes, 10 seconds
The Market Wrap with Evan Lucas, Independent Analyst
The Australian share market took a dive, even despite the Reserve Bank keeping interest rates on hold until February.
MARKET WRAP:
ASX200: down 0.89%, 7,061
AUD: 65.76 US cents
GOLD: $2,050 US/oz
BITCOIN: $63,190 AUD
Origin gained more than 2 ½% to be back above $8
Cochlear also gained by more than 1 ½ % to close just under $280 a share
Pro Medicus advanced 1.2% to $89.25
And despite the 8 hour Westpac outage, shares up marginally to $21.42
Shares in Whispir are 11 per cent higher to 54.5¢, after Sydney start-up Pendula entered the takeover battle for the software business.
Small-cap biotech Mesoblast fell more than 22 per cent to 31.5¢ following a capital raise priced at 30¢ apiece.
See omnystudio.com/listener for privacy information.
12/5/2023 • 7 minutes, 1 second
Shane Oliver, Chief Economist at AMP
Australia’s cash rate has been kept on hold for the final time in 2023. But will the Reserve Bank use the summer to reload, or has the last of the economic punishment been done?See omnystudio.com/listener for privacy information.
12/5/2023 • 12 minutes, 37 seconds
MWP December 5: The market drops, but has the RBA stopped? 🛑
A pause in cash rate movements wasn't enough to send the ASX into positive territory today, but mortgage holders will get a reprieve until 2024.See omnystudio.com/listener for privacy information.
12/5/2023 • 4 minutes, 27 seconds
Money News with Scott Haywood - 4th December
The RBA to meet to decide the fate of interest rates over the summer; the government announces consultation into superannuation; the Greens put into motion a Senate inquiry into the major supermarkets; the takeover bid for Origin Energy ends with a whimper; gold prices soar; investment in Australian medtech; and Kyle Rodda joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
12/4/2023 • 38 minutes, 55 seconds
Hashan De Silva, Founder and Managing Partner of KP Rx
Australia has a good reputation for innovating and designing some of the world’s best medical technology, but the funding for a long term investment needs to come from somewhere.See omnystudio.com/listener for privacy information.
12/4/2023 • 9 minutes, 18 seconds
The Market Wrap with Kyle Rodda, Senior Financial Market Analyst at Capital.com
The conclusion to the Origin Energy takeover has happened with a whimper, after Brookfield didn’t secure enough votes for the deal to go through.
MARKET WRAP:
ASX200: up 0.73%, 7,124
AUD: 66.49 US cents
GOLD: $2,093 US/oz
BITCOIN: $62,322 AUD
Miners were amongst the strongest on the local bourse,
Gold players enjoy big price rises, with gold at around $2100 US dollars an ounce
Evolution Mining was up 2.7% per cent
Northern Star closed up just under 4% to $12.93
BHP and Rio Tinto both closed up more than 1.5 per cent.
Origin Energy dropped 3.9 per cent to $7.86 before being placed in a trading halt.
Lithium and Insurance stocks struggled.
IGO and QBE both fell 3%.
See omnystudio.com/listener for privacy information.
12/4/2023 • 8 minutes, 32 seconds
Blake Briggs, Financial Services Council CEO
The government has begun consultation on superannuation and retirement outcomes, but how much will actually change?See omnystudio.com/listener for privacy information.
12/4/2023 • 10 minutes, 20 seconds
MWP December 4: Investors going for gold, as ASX starts the month well 🏆
The gold price has surged as investors prepare for interest rate cuts by global central banks. See omnystudio.com/listener for privacy information.
12/4/2023 • 4 minutes, 17 seconds
Money News with Scott Haywood - 30th November
The scrap continues over GST payments; Australian house prices work against interest rates in 2023; Plan B option for Origin off the table; government looks to make changes around anti-siphoning laws; Australian workers feeling overworked & underpaid; OPEC announces production cuts; and Tony Sycamore joins us for the Market Wrap.
Hosts: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/30/2023 • 38 minutes, 59 seconds
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
Commonwealth Bank has grown its mortgage book, but the end of rate rises in 2024 could be a difficult period to navigate.
MARKET WRAP:
ASX200: up 0.74%, 7,087
AUD: 66.38 US cents
GOLD: $2,045 US/oz
BITCOIN: $56,982 AUD
All the major banks recorded gains, with Commonwealth Bank up more than 1% surging into the close to $104.66
Iress surged 14 per cent to more than $7 a share
Liontown Resources slipped 1 per cent at the open but recovered to close up 2% to $1.37
AGL shares down 2.6% to $9.43
Redox fell just under 8% to $2.25 after a broker downgrade.
Newmont down marginally to $60.22
Wesfarmers and fisher and Pykel were also a touch weaker
See omnystudio.com/listener for privacy information.
11/30/2023 • 9 minutes, 57 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
The government will make changes to anti-siphoning laws, affecting the way Australians get access to live sport on broadcast.See omnystudio.com/listener for privacy information.
11/30/2023 • 10 minutes, 52 seconds
Dr Nicola Powell, Chief of Research & Economics at Domain
Australian house prices have gone against the grain across 2023 in a rising rate environment, but what’s in store for 2024?See omnystudio.com/listener for privacy information.
11/30/2023 • 9 minutes, 34 seconds
MWP November 30: Origin deal melting in front of our eyes 🫠
The Plan B option by Brookfield to take over Origin Energy has been rejected by the board, while the ASX continues its strong run of late.See omnystudio.com/listener for privacy information.
11/30/2023 • 4 minutes, 18 seconds
Money News with Scott Haywood - 29th November
Australia’s inflation has had a surprisingly positive month, coming in at 4.9%; stock picking giant Charlie Munger passes away aged 99; Victorian government pays back $7 million in EV taxes; the bank of mum & dad in hot demand; uranium prices surge with nuclear energy in vogue; and Kate Hanrahan joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/29/2023 • 38 minutes, 48 seconds
The Market Wrap with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
Some retailers might be suffering right now, but Temple & Webster doesn’t seem to be doing it tough at all.
MARKET WRAP:
ASX200: up 0.29%, 7,035
AUD: 66.33 US cents
GOLD: $2,043 US/oz
BITCOIN: $57,447 AUD
Gold extended gains after surging 1.3 per cent to the highest level since May.
Newmont and Evolution were up more than 5%
Northern Star was up more than 4% to $12.65
Fisher and Paykel had a much better than expected half yearly result. That saw its share price gain more than 7 ½ per cent to $22.14.
Harvey Norman up 3.1 percent at $3.72
QBE down more than 3% to $15.17
IAG down 2.3% to $5.76
Medibank down more than 1% to $3.42
NIB Holdings weaker by 0.3% to $7.57
EML Payments crashed just under 30 per cent to 77¢
See omnystudio.com/listener for privacy information.
11/29/2023 • 10 minutes, 36 seconds
Stephen Koukoulas, Managing Director of Market Economics
Australia’s inflation has come down to 4.9% in the twelve months to October, which might give some breathing room to the RBA on rates until 2024.See omnystudio.com/listener for privacy information.
11/29/2023 • 9 minutes, 49 seconds
Keith Bowes, Managing Director for Lotus Resources
Nuclear energy might be the next solution to our net-zero challenge, with uranium in hot demand & benefiting producers.See omnystudio.com/listener for privacy information.
11/29/2023 • 8 minutes, 41 seconds
MWP November 29: Could an unexpected inflation drop be a Christmas present to the market? 🎁
With inflation registering an increase of 4.9% in the twelve months to October, could it be the sign that the Reserve Bank won't play the role of the Grinch this Christmas?See omnystudio.com/listener for privacy information.
11/29/2023 • 4 minutes, 29 seconds
Money News with Scott Haywood - 28th November
The Australian dollar climbs back above 66 US cents; retail sales fall by 0.2% in October; employers fill Christmas rosters with short-term contracts; monthly inflation data out on Wednesday; an Australian business cleans up in the wet wipes space; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/28/2023 • 39 minutes, 1 second
Let's Talk Business with Phil Scardigno, Hygiene Co. Managing Director & Founder
An Australian small business has found success and is growing rapidly with the introduction of its flushable wet wipes product.See omnystudio.com/listener for privacy information.
11/28/2023 • 6 minutes, 55 seconds
Andrew Brushfield, Director at Robert Half
53% of Australian employers are looking towards short-term contractors to fill gaps in rosters over the Christmas period.See omnystudio.com/listener for privacy information.
11/28/2023 • 7 minutes, 20 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
The real estate sector is finishing the year with a bang, but had the tide shifted, or is it a momentary pause?
MARKET WRAP:
ASX200: up 0.40%, 7,015
AUD: 66.14 US cents
GOLD: $2,016 US/oz
BITCOIN: $56,085 AUD
REITS and banks lifted the local bourse despite a drop on Wall Street overnight
Real estate investment trusts are closing the month strongly
Goodman Group gaining just under 1 per cent to $23.22
Mirvac up 1.5%
Scentre increased by 2.3 per cent to $2.58
Energy losses were led by market heavyweight Woodside, which shed 1.4%.
Carsales.com down 2% to $27.11
See omnystudio.com/listener for privacy information.
The Australian Dollar has rocketed up again on interest rate swings, with some predictions seeing it heading over 70 US cents soon.See omnystudio.com/listener for privacy information.
11/28/2023 • 6 minutes, 10 seconds
MWP November 28: Aussie dollar surges, but how high can it go? 💲💲
The dollar has taken a battering over the second half of 2023, but a change of direction on rates for central banks might see it come storming back.See omnystudio.com/listener for privacy information.
11/28/2023 • 4 minutes, 18 seconds
Money News with Clinton Maynard - 27th November
Australia’s housing target looks shaky; Jim Chalmers appoints a Bank of England import as Deputy Governor of the Reserve Bank; the deal for Origin looks no closer to getting done; support for bank branches & ATMs; bosses leading with fear and costing the economy $2.3 billion; and Adam Dawes joins us for the Market Wrap.
Host: Clinton Maynard
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/27/2023 • 38 minutes, 55 seconds
Margot Faraci, Management expert
As the Australian economy looks to boost productivity issues, could the answer be to lead without fear?See omnystudio.com/listener for privacy information.
11/27/2023 • 4 minutes, 41 seconds
Jason Bryce, Cash Welcome Campaign Manager
Banks are shutting branches & closing down ATM facilities, but people are still using cash, so should this be protected?See omnystudio.com/listener for privacy information.
11/27/2023 • 6 minutes, 27 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
Iron ore prices have been on the rise, investors will still be watching what happens in China to see if good times will continue.
MARKET WRAP:
ASX200: down 0.76%, 6,987
AUD: 65.91 US cents
GOLD: $2,011 US/oz
BITCOIN: $56,453 AUD
BHP was down 1.5%
Fortescue Metals lost more than 2%
Rio Tinto fell 1.3%
Lithium and nickel company IGO was down 3.3 percent to $8.45
Aristocrat Leisure was down more than two and a half percent to $39.02.
The banks were weaker, with Commonwealth, Westpac and ANZ all losing around 1 percent.
Healius finished up 2.3 percent to $1.33
Adore Beauty rose by almost 20 percent to $1.12
See omnystudio.com/listener for privacy information.
11/27/2023 • 7 minutes, 21 seconds
Tim Reardon, Chief Economist, Housing Industry Association
The government is under pressure to lift the supply of housing across the country, but with the numbers suggesting they won’t meet targets, what needs to change?See omnystudio.com/listener for privacy information.
11/27/2023 • 6 minutes, 30 seconds
MWP November 27: ASX starts the week down as miners lose ground ⛏️
News of Chinese price controls sent iron ore futures down and had a domino effect towards some of the biggest companies on the ASX.See omnystudio.com/listener for privacy information.
11/27/2023 • 4 minutes, 44 seconds
Money News with Scott Haywood - 23rd November
The bid for the takeover of Origin Energy gets another adjustment and a delayed vote; angry reaction to Michele Bullock’s comments on sources of inflation; Optus to look within the telco industry for next CEO; Black Friday & Cyber Monday loom as an important time for retailers; AMP to pay $100 million to financial advisers; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/23/2023 • 39 minutes, 1 second
The Market Wrap with Scott Phillips, CIO at The Motley Fool
Black Friday and Cyber Monday is a big time for retailers, but can we expect these stocks to bounce in the short term?
MARKET WRAP:
ASX200: down 0.63%, 7,029
AUD: 65.71 US cents
GOLD: $1,999 US/oz
BITCOIN: $56,889 AUD
AMP Financial climbed 6.4 per cent to 90 cents after the company announced that it was paying $100 million to exiting financial planners
Webjet shares up 2.7% to $6.85
Generation development group reaffirmed its guidance. Shares steady at $1.63
Woodside and Santos both retreated by more than 1 ½ on oil prices.
Nick Scali tumbled 6% to $10.89
Appen successfully raised $30million but its shares fell 37% to 60 cents
See omnystudio.com/listener for privacy information.
11/23/2023 • 8 minutes, 9 seconds
Angus Woods, Founder & Managing Director Adviser Ratings
AMP will pay out $100 million to financial advisers after losing a class action on policy decision changes by the company.See omnystudio.com/listener for privacy information.
11/23/2023 • 7 minutes, 36 seconds
Chloe McQuoid, Marketing Manager for MoveActive
MoveActive are hoping to make hay while the sun shines, using the next month as the biggest time to increase its revenue and profits.See omnystudio.com/listener for privacy information.
11/23/2023 • 8 minutes, 58 seconds
Anthony MacDonald, AFR Chanticleer Columnist
The proposed takeover of Origin Energy has been put off again after the vote looked set to fail. So what’s next?See omnystudio.com/listener for privacy information.
11/23/2023 • 5 minutes, 15 seconds
MWP November 23: Origin deal delayed again as the ASX falls 🥱
Origin's vote on a $20 billion takeover is delayed again, as the bidding party sends another offer towards shareholders.See omnystudio.com/listener for privacy information.
11/23/2023 • 4 minutes, 3 seconds
Money News with Scott Haywood - 22nd November
A ceasefire in Israel calms oil price fears; getting a global outlook for investors in 2024; ANZ makes changes to bonuses for staff WFH; Australian-based football World Cup players pay more tax; Origin takeover goes down to the wire; Aussie tech innovation companies expand; and Carl Capolingua joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/22/2023 • 39 minutes, 2 seconds
Ashley Glover, CMC Head of Sales Trading APAC & Canada
Global volatility has really messed with markets over the past few years. But what does 2024 hold?See omnystudio.com/listener for privacy information.
11/22/2023 • 9 minutes, 21 seconds
John Sharman, CEO of Universal Biosensors
Tech companies are in vogue as they continue to change the world, but an ASX-listed company is looking to transform the electrochemical testing space.See omnystudio.com/listener for privacy information.
11/22/2023 • 9 minutes, 50 seconds
The Market Wrap with Carl Capolingua, Market Analyst for Think Markets
The final negotiations are taking place ahead of the Origin AGM that could see a $20 billion takeover deal for the energy company knocked back.
MARKET WRAP:
ASX200: down 0.07%, 7,073
AUD: 65.40 US cents
GOLD: $2,004 US/oz
BITCOIN: $55,753 AUD
Webjet has reported a jump in revenue and earnings. Shares up 1% to $6.68.
QBE was standout up to $13.74
Suncorp up 1.8% to $13.74
PSC Insurance up more that 2 % to $4.48
Healius fell 32 percent to $1.23
Praemium is 34 percent lower to 38¢.
Pharma distributor EBOS fell more than 5 per cent to $33.11.
See omnystudio.com/listener for privacy information.
11/22/2023 • 8 minutes, 17 seconds
MWP November 22: Muted day for the ASX, as Origin deal hangs in the balance 🤝
Proxy votes have been submitted ahead of the Origin Energy AGM, which will see the fate of the company decided.See omnystudio.com/listener for privacy information.
11/22/2023 • 3 minutes, 58 seconds
Money News with Scott Haywood - 21st November
RBA Minutes reveal inflation is still the number one priority; predictions of a property price drop in 2024; CommBank data shows a retraction in younger generation spending; Brickworks’ boss calls for better targeted migration; retirees can use assets to beat cost of living pressures; small businesses to be helped with cybersecurity concerns; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/21/2023 • 38 minutes, 55 seconds
Let's Talk Business with Luke Achterstraat, CEO of COSBOA
Small businesses will benefit from $18 million committed by the Federal government to tackle cybersecurity concerns.See omnystudio.com/listener for privacy information.
11/21/2023 • 7 minutes, 57 seconds
Josh Funder, CEO & Managing Director of Household Capital
While the sharemarket might be stalling, and cost of living pressures mount, retirees can access equity in their assets to escape the pain.See omnystudio.com/listener for privacy information.
11/21/2023 • 7 minutes, 46 seconds
The Market Wrap with Evan Lucas, Independent Analyst
The iron ore price keeps lifting, so are the companies who rely on Australia’s biggest export back?
MARKET WRAP:
ASX200: up 0.28%, 7,078
AUD: 65.79 US cents
GOLD: $1,994 US/oz
BITCOIN: $56,818 AUD
The mining giants were among the best performers at the close, tracking a higher iron ore price.
BHP Group jumped just under 1.5 per cent to $47.40
Rio Tinto was up just under 2% to $127.37
Fortescue Metals up marginally to $25.46
Collins Food up more than 4% to $10.26
Northern Star was stronger by just under 4% to $11.86
Brickworks shed 1.87% to $25.71
TechnologyOne dropped 1.8 per cent to $16.11 despite reporting a 16 per cent boost to its profit after tax at $129.9 million.
Star Entertainment fell to 53 cents after the casino operator formally signed an agreement on its revised tax rates with the NSW government.
See omnystudio.com/listener for privacy information.
11/21/2023 • 9 minutes, 33 seconds
Wade Tubman, CommBank iQ, Head of Innovation and Analytics
New data from CommBank iQ shows that younger people are pulling back on spending as inflation pressures start to bite.See omnystudio.com/listener for privacy information.
11/21/2023 • 5 minutes, 49 seconds
MWP November 21: RBA's inflation fight shifts focus to business 💶💼💵
The ASX has climbed again following a good day on Wall Street, but will it all be scuppered by further rate rises down the track?See omnystudio.com/listener for privacy information.
11/21/2023 • 4 minutes, 34 seconds
Money News with Scott Haywood - 20th November
Optus CEO Kelly Bayer Rosmarin resigns; the Fair Work Commission makes it easier to get staff back into the office; problems at the board level for OpenAI & Microsoft; Black Friday sales hoping to trigger market movement; suggestions to peg tax brackets to inflation; Aussie World Cup Winners to get $4 million; and Elio D’Amato joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/20/2023 • 39 minutes, 1 second
Emilie Dye, CIS Marketing & Policy Analyst
As Australia faces problems with bracket creep, a link between income taxes and inflation could end up benefiting workers.See omnystudio.com/listener for privacy information.
11/20/2023 • 7 minutes, 23 seconds
The Market Wrap with Elio D'Amato, Stockopedia
Christmas & Black Friday sales make up a huge proportion of shopping for the year, but will purchases this year move the market in any significant way?
MARKET WRAP:
ASX200: up 0.13%, 7,058
AUD: 65.48 US cents
GOLD: $1,982 US/oz
BITCOIN: $56,760 AUD
The oil price rebounded over fears of OPEC cuts
Woodside, Santos, Ampol and Beach all up by around one percent.
Karoon Energy was a standout, leaping around 3.5% to $2.12 a share.
Paladin Energy is 3 percent higher at $1.00
Whitehaven Coal was up 2.3 per cent to $6.90
Allkem was up 2.2 per cent.
Heading backwards today though was Mercury NZ, which fell more than 5% to $5.46
Northern Star Resources down 2.5 per cent to $11.46.
Athlete’s Foot owner Accent Group has dropped 8 per cent to $1.77
See omnystudio.com/listener for privacy information.
11/20/2023 • 11 minutes, 10 seconds
Jessica Tinsley, Director of Workplace Relations, ACCI
A ruling by the Fair Work Commission has put the popular option of working from home under threat.See omnystudio.com/listener for privacy information.
11/20/2023 • 9 minutes, 8 seconds
MWP November 20: OPEC fears sets tone for Energy sector gains 🛢🛢
As the oil-producing cartel prepares to meet, concerns about falling supply has seen local energy companies enjoy a more positive day.See omnystudio.com/listener for privacy information.
11/20/2023 • 4 minutes, 10 seconds
Money News with Scott Haywood - 16th November
The government cuts 50 road & rail infrastructure projects; the unemployment rate climbs to 3.7%; Graincorp sees its farmers making it through tougher conditions; a fight brews over Smart TV real estate; the 2023 Asian-Australian Leadership Awards are announced; and Tony Sycamore joins us for the Market Wrap.
Hosts: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/16/2023 • 38 minutes, 59 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
There’s a fight brewing over which companies will get prime real estate on smart TVs as the government ponders new legislation.See omnystudio.com/listener for privacy information.
11/16/2023 • 6 minutes, 56 seconds
Will Liang, Winner of the Corporate category at the 2023 Asian-Australian Leadership Awards
With Australia’s economic fortunes relying on Asia, building up good local connections to the region will be a crucial step.See omnystudio.com/listener for privacy information.
11/16/2023 • 5 minutes, 42 seconds
David Bassanese, Chief Economist at BetaShares
A mixed result today on jobs, with the number of positions created increasing by 55,000, but the unemployment rate increasing to 3.7%See omnystudio.com/listener for privacy information.
11/16/2023 • 6 minutes, 18 seconds
Angus Taylor, Shadow Treasurer
The government has cut several infrastructure projects, but will it have any effect on inflation?See omnystudio.com/listener for privacy information.
11/16/2023 • 8 minutes, 31 seconds
MWP November 16: ASX bucks Wall Street trend, but what's going on with Energy? ⚡💡🔋🔌
The ASX gave back some of yesterday's gains to close the day down two-thirds of a percent, with jobs numbers doing nothing to save the market.See omnystudio.com/listener for privacy information.
11/16/2023 • 4 minutes, 32 seconds
Money News with Scott Haywood - 15th November
US inflation drops, sending markets soaring; Australian wages grow by 1.3% over the quarter; the debate over housing & migration continues; tax exemptions on property flipping to change; Flight Centre’s boss hits out at Transport Minister; package deliveries ramp up towards the Christmas period; shrinkflation affecting goods; and Kate Hanrahan joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/15/2023 • 39 minutes
Chris Richardson, independent economist and founder of Rich Insight
In the debate over immigration and housing Australians, which will win? Plus wages go up and US inflation problems look done.See omnystudio.com/listener for privacy information.
11/15/2023 • 10 minutes, 11 seconds
Andy van der Velde, Aramex Regional CEO
Approaching Christmas we all want to make sure our packages arrive on time. But the job isn’t just for Santa, with Aramex seeing a boom in business at this time of year.See omnystudio.com/listener for privacy information.
11/15/2023 • 11 minutes, 30 seconds
The Market Wrap with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
Great inflation data from the US sent global share markets rocketing on increased positive sentiment.
ASX200: up 1.42%, 7,105
AUD: 64.97 US cents
GOLD: $1,971 US/oz
BITCOIN: $54,739 AUD
Interest rates in the US and Inflation may have peaked
US shares rallied, with the Dow Jones up 1.4%, the S&P500 up 1.9% and the Nasdaq up 2.4%
ASX 200 closed up more than 1.4% or 99 points to 7105
Real estate investment trusts and information technology doing the best
Mirvac was up just under 6% to $2.08
Stockland up more than 5 ½ per cent to be above $4
Goodman Group up more than 3 ½ per cent to $23.59
WiseTech gained more than 5 per cent to $66.77
Xero up 2% to be back above $100 a share
Lithium miners amongst the biggest large-cap advancers
See omnystudio.com/listener for privacy information.
11/15/2023 • 8 minutes, 39 seconds
MWP November 15: An outstanding US inflation number sends markets rocketing 🚀🚀
Headline inflation in the US has come in at 3.2% for the 12 months to October, signalling that the Fed's inflation challenge might soon be over, and sending markets around the world skyward.See omnystudio.com/listener for privacy information.
11/15/2023 • 4 minutes, 37 seconds
Money News with Scott Haywood - 14th November
Business & consumer confidence both drop following another rate rise by the RBA; the ATO looks to claim tax revenue from Coca-Cola; slowing demand sees discounts on EV sales emerge; Commonwealth announces profits of $2.5 billion for the first quarter; ASX-listed company looks to solve polycystic kidney disease; gin distilleries recover from the pandemic; and Dianne Colledge joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/14/2023 • 38 minutes, 55 seconds
Let's Talk Business with Rus Watson, Bellarine Distillery founder
Australia has seen an explosion of gin distilleries over the past decade. But after a big shake up during the pandemic, how are these businesses recovering?See omnystudio.com/listener for privacy information.
11/14/2023 • 6 minutes, 37 seconds
Dr Rohan Hockings, CEO of PYC Therapeutics
An ASX-listed medical company is pushing ahead to find a solution for those suffering from polycystic kidney disease.See omnystudio.com/listener for privacy information.
11/14/2023 • 6 minutes, 18 seconds
The Market Wrap with Dianne Colledge, Private Client Adviser at Morgans
The iron ore price has lifted again, which is good news for some of the big miners and especially for the government’s bottom line.
MARKET WRAP:
ASX200: up 0.83%, 7,006
AUD: 63.70 US cents
GOLD: $1,949 US/oz
BITCOIN: $57,562 AUD
Shares in Commonwealth Bank were stronger after it lifted statutory profit by 1 per cent to $2.5 billion
ALS, an analytical and testing services business, was the biggest large-cap advancer up just under 9% to $11.59
Telstra shares fell 2% to $3.87 despite confirming underlying earnings of $8.2 billion to $8.4 billion for fiscal 2024.
Elders after lifting by more than 18% yesterday gave back some of its gains, but less than 2%
See omnystudio.com/listener for privacy information.
11/14/2023 • 7 minutes, 43 seconds
Alan Oster, Group Chief Economist at NAB
Business confidence has dropped after another rate rise by the Reserve Bank last week, but will retailers survive the Christmas period?See omnystudio.com/listener for privacy information.
11/14/2023 • 8 minutes, 49 seconds
MWP November 14: ASX lifts as global markets await inflation data 🌎
The ASX 200 broke through the 7000 point mark again, with traders hoping for more good news out of the United States tonight when the latest US CPI figures are released.See omnystudio.com/listener for privacy information.
11/14/2023 • 4 minutes, 26 seconds
Money News with Scott Haywood - 13th November
ANZ posts a profit of $7.4 billion as the Big Four banks rake it in; Optus outage is blamed on a system upgrade; Toys R Us looks to re-establish itself; Australia’s ports network under cyber attack; education trends show bachelor’s degrees out of favour; Peter Costello looks at immigration numbers; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/13/2023 • 39 minutes, 3 seconds
Professor Victor Gekara, Director of the RMIT Global Transport and Logistics Research Group
Australia’s ports network was severely hampered after a cyber attack on operator DP World over the weekend, so is this a risk as we look to automate systems further?See omnystudio.com/listener for privacy information.
11/13/2023 • 8 minutes, 6 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
The agribusiness industry had a shot in the arm, with the results of Elders sending its share price up more than 18%.
MARKET WRAP:
ASX200: down 0.40%, 6,948
AUD: 63.74 US cents
GOLD: $1,944 US/oz
BITCOIN: $58,045 AUD
Losses in 10 out of 11 sectors.
The energy sector tracked the weaker oil price, shedding 0.9 per cent.
Brent crude slipped toward $US81 a barrel
Santos dropped 1.7 per cent to $7.10
Woodside slid 0.7 per cent to $31.81
Karoon declined 2.5 per cent to $2.30 a piece
Boral up more than 5% to $4.93
Fertiliser manufacturer Incitec Pivot up more than 1 per cent to $2.94.
See omnystudio.com/listener for privacy information.
11/13/2023 • 7 minutes, 4 seconds
Shayne Elliott, CEO of ANZ
ANZ has posted a record profit of $7.4 billion, joining in the earnings fun of the other majors – but is it sustainable?See omnystudio.com/listener for privacy information.
11/13/2023 • 11 minutes, 31 seconds
MWP November 13: Another bank up, another profit in 😎
ANZ recorded a 14% lift in its profit for the financial year, with the bank making $7.4 billion on the back of business diversification. The ASX falls.See omnystudio.com/listener for privacy information.
11/13/2023 • 4 minutes, 6 seconds
Money News with Scott Haywood - 9th November
Australia’s households suffer more of a decline in living standards than anywhere else in the OECD; Optus offers a weak response to customers affected by outages; corporate tax takings increase by 22%; NAB makes more than $7 billion profit; China heads into deflation territory; ASX to hold investor days for news & old market operators; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/9/2023 • 39 minutes, 7 seconds
Jacinta Schlosser, Business Development Manager, ASX Investment Products
Financial literacy is an underutilised skill in Australia, but the ASX will be holding Investor Days across the country to try and bridge the gap in the world of investing.See omnystudio.com/listener for privacy information.
11/9/2023 • 8 minutes, 5 seconds
The Market Wrap with Scott Phillips, CIO at The Motley Fool
China is in deflationary territory, so does this spell bad news for the global economy, or will it help our own inflation concerns?
MARKET WRAP:
ASX200: up 0.28%, 7,014
AUD: 64.19 US cents
GOLD: $1,955 US/oz
BITCOIN: $57,018 AUD
The energy sector retreated, weighed down by weaker oil prices overnight
Tech was by far the worst-hit sector
Xero plunged 12.4 per cent to $100.47
The major banks were mixed with Westpac down 2.1 per cent
CBA rallied 1.4 per cent
ANZ lifted 1 percent.
National Australia Bank fell 0.8 percent down to $28.94
NAB posted profits of $7.7 billion, up 8 percent for the year.
See omnystudio.com/listener for privacy information.
11/9/2023 • 9 minutes, 21 seconds
Andrew Leigh, Assistant Minister for Competition, Charities and Treasury
Corporate tax receipts have increased, but a third of companies are still not paying anything. Meanwhile, the government has been tasked to take on more of the burden of inflation pressures.See omnystudio.com/listener for privacy information.
11/9/2023 • 11 minutes, 14 seconds
MWP November 9: NAB profits to the tune of $7.7b, but no positive outlook 😞
Australia's second largest bank increased profits by more than 8% over the last financial year, but as 2024 looms, it's looking a little gloomy out there for the banks.See omnystudio.com/listener for privacy information.
11/9/2023 • 4 minutes, 33 seconds
Money News with Scott Haywood - 8th November
The banks start to pass on rate increases to loan & savings customers; calls for government action on inflation; Optus suffers reputation damage on outages; oil prices lower on falling demand; James Hardie does better than expected; Avecho looks towards cannabis for medical solutions; and Kyle Rodda joins us for the Market Wrap.
Host: Scott HaywoodExecutive Producer: Tom StoreyTechnical Producer: Darren BramptonPublisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/8/2023 • 39 minutes, 5 seconds
Market Wrap with Kyle Rodda, Senior Financial Market Analyst at Capital.com
MARKET WRAP:
ASX200: up 0.26%, 6,995
AUD: 64.35 US cents
GOLD: $1,974 US/oz
BITCOIN: $54,691 AUD
Technology stocks made up for weaker miners and energy players
WiseTech climbing 2.3 per cent, to $63.64
Xero increased 1.5 per cent to $114.72.
BHP Group, which accounts for about 10 percent of the index, dropped 1.9 per cent to $44.70.
Fortescue Metals lost 1.1 per cent to $23.10
Rio Tinto declined 2 per cent to $119.37.
Kyle Rodda, Senior Financial Market Analyst at Capital.comThe building industry has been slowing, but for materials company James Hardie, that hasn’t stopped a better-than-expected quarterly profit.See omnystudio.com/listener for privacy information.
11/8/2023 • 6 minutes, 40 seconds
Sally Tindall, Research Director for RateCity
Banks have reacted to the cash rate increase, with ANZ, NAB & Westpac all pushing lending rates up.See omnystudio.com/listener for privacy information.
11/8/2023 • 9 minutes, 12 seconds
Dr Paul Gavin, CEO of Avecho
A medicinal cannabis company listed on the ASX has raised $8 million to put towards clinical trials.See omnystudio.com/listener for privacy information.
The Optus outage caused havoc across the country, but how likely is it that the company will recover its reputation after brand damage two years in a row?See omnystudio.com/listener for privacy information.
11/8/2023 • 6 minutes, 36 seconds
MWP November 8: ASX rebounds, as James Hardie builds success 👷
The ASX200 recovered from a hit on rates day to climb back towards the 7000 point mark, and building materials company James Hardie beat expectations.See omnystudio.com/listener for privacy information.
11/8/2023 • 4 minutes, 5 seconds
Money News with Scott Haywood - 7th November
The Reserve Bank lifts the official cash rate to 4.35%; the government pressured to do more to help the inflation picture; Starbucks makes a profit for the first time in Australia; credit card debts decline; Australian SMEs see invoices go unpaid; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/7/2023 • 38 minutes, 55 seconds
Damien Greathead, Accounting and Advisor Group Lead at Intuit QuickBooks
A potential of $22 billion of invoices are expected to go unpaid before the end of the year for small businesses.See omnystudio.com/listener for privacy information.
11/7/2023 • 6 minutes, 58 seconds
The Market Wrap with Evan Lucas, Independent Analyst
The Australian share market fell on the day, but an unexpected lift following the RBA decision eased the pain.
MARKET WRAP:
ASX200: down 0.29%, 6,977
AUD: 64.23 US cents
GOLD: $1,974 US/oz
BITCOIN: $54,301 AUD
A few surprises on those that gained after the RBA decision to lift rates.
Healthcare stocks among the strongest
Pro Medicus up 2.9 per cent
Cochlear up 1.2 per cent to be back above $250 a share.
Information technology stocks were also stronger
WiseTech advanced 2.6% to $62.21
See omnystudio.com/listener for privacy information.
11/7/2023 • 7 minutes, 16 seconds
Shane Oliver, Chief Economist at AMP
Australia’s cash rate has been lifted again, with inflation not cooling as quickly as expected. Will it be now on the government to do more?See omnystudio.com/listener for privacy information.
11/7/2023 • 13 minutes, 47 seconds
MWP November 7: Mortgage holders cringe as the cash rate goes up 😬
The Reserve Bank has lifted the official cash rate to 4.35% after it felt inflation wasn't coming down as quickly as it would like.See omnystudio.com/listener for privacy information.
11/7/2023 • 4 minutes, 44 seconds
Money News with Scott Haywood - 6th November
The Reserve Bank to decide on interest rates tomorrow; Melbourne Institute’s inflation data goes backwards in October; Anthony Albanese sets the future for Australian trade in Chinese meetings; Jim Chalmers acknowledges infrastructure spending problems; medtech harnesses AI to help patients; The Block winners post a record profit; and Elio D’Amato joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/6/2023 • 39 minutes
Aaron Hill, Ray White real estate & agent for winners of The Block, Steph & Gian
A record $1.65 million profit was made for the winners of The Block, so the listing agent of the property must have some good tips!See omnystudio.com/listener for privacy information.
11/6/2023 • 4 minutes, 35 seconds
Greg Brown, CEO of CurveBeam AI
A medtech company is harnessing the power of artificial intelligence to provide help in orthopaedic conditions.See omnystudio.com/listener for privacy information.
11/6/2023 • 8 minutes, 56 seconds
The Market Wrap with Elio D'Amato, Stockopedia
Westpac has posted a profit of $7.2 billion, but is predicting a tougher year ahead in the loan market.
MARKET WRAP:
ASX200: up 0.28%, 6,997
AUD: 65.10 US cents
GOLD: $1,989 US/oz
BITCOIN: $53,583 AUD
On a $7.2 billion profit, Westpac’s share price rose just under 2 percent on Monday, closing at $21.92
CBA, NAB and ANZ were also stronger by just under 1%.
Volatile gold miners were back in favour
Evolution up 5% to $3.70,
Northern Star and Newmont also stronger
Resmed up just under 3% to $23.87
CSL up 1.7 per cent to close just below $250
Lynas Rare Earths down 3%
South32 down 1.5% to $3.20
Iron ore heavyweights BHP, Fortescue and Rio Tinto marginally down
See omnystudio.com/listener for privacy information.
11/6/2023 • 9 minutes, 5 seconds
Michael Smith, AFR North Asia Correspondent
The Prime Minister has visited China aiming to repair relations, which could be a crucial factor in the success of many Australian businesses.See omnystudio.com/listener for privacy information.
11/6/2023 • 8 minutes, 52 seconds
MWP November 6: Westpac profits, while the ASX rises again 🏧
Westpac has recorded a $7.2 billion profit for the full year, but competition in the loan market might make the next one a little more complicated.See omnystudio.com/listener for privacy information.
11/6/2023 • 4 minutes, 13 seconds
Money News with Scott Haywood - 2nd November
The US Fed leaves rates on hold; Jim Chalmers pushes for more government intervention in climate action; Anthony Albanese pivots to the economy; a new cancer action plan is announced; Qantas gears up for its AGM; Australian small businesses keep heads just above water; SBS trials opt-in advertising; and Tony Sycamore joins us for the Market Wrap.
Hosts: Scott Haywood & John Stanley
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/2/2023 • 39 minutes, 35 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
SBS will trial letting consumers opt-out of ads for gambling, alcohol and fast food, but what will we give up in return?See omnystudio.com/listener for privacy information.
11/2/2023 • 7 minutes, 47 seconds
Louise Southall, Xero Economist and small business specialist
With another possibility of an Australian rate hike next week, small businesses will need a strong Christmas performance to avoid going to the wall.See omnystudio.com/listener for privacy information.
11/2/2023 • 6 minutes, 9 seconds
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
A US rate pause saw global markets rocket up with investors feeling more comfortable about the state of inflation & interest rates.See omnystudio.com/listener for privacy information.
11/2/2023 • 7 minutes, 21 seconds
Leslie Chong, CEO & Managing Director of Imugene
As the Federal government announces a plan to tackle cancer, one company is advancing with clinical stage immuno-oncology therapies.See omnystudio.com/listener for privacy information.
11/2/2023 • 8 minutes, 28 seconds
MWP November 2: A US rate pause leads to a market party 🥳
The US Fed has left interest rates on hold and is now thinking about whether it is done or not. All that amounted to a much more positive day on the ASX.See omnystudio.com/listener for privacy information.
11/2/2023 • 5 minutes, 13 seconds
Money News with Scott Haywood - 1st November
The IMF says Australia needs to lift rates & cut infrastructure spending; iron ore prices tipped to rise; BHP holds its AGM; grandparents picking up more of education costs; Australia’s tourism industry facing risks ahead of the summer holiday period; building approvals drops; and Kate Hanrahan joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
11/1/2023 • 38 minutes, 53 seconds
David Anderson, CEO of Big Red Group
Australia’s tourism industry needs support heading into the summer season, with strangled budgets hurting operators.See omnystudio.com/listener for privacy information.
11/1/2023 • 5 minutes, 40 seconds
MARKET WRAP with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
AGM season continues, with The Big Australian revealing its plans for potash in the coming years.See omnystudio.com/listener for privacy information.
11/1/2023 • 6 minutes, 35 seconds
Kate Hill, Futurity Group Executive
Grandparents are now contributing to education costs more than ever, as cost of living pressures get to families.See omnystudio.com/listener for privacy information.
11/1/2023 • 6 minutes, 12 seconds
Alex Joiner, Chief Economist for IFM Investors
The IMF have recommended further rate rises and a reduction of infrastructure spending to deal with Australia’s inflation problemSee omnystudio.com/listener for privacy information.
11/1/2023 • 6 minutes, 21 seconds
Senator Jane Hume, Shadow Minister for Finance
Following the IMF’s infrastructure recommendation, what responsibility does the government have to take on spending?See omnystudio.com/listener for privacy information.
11/1/2023 • 3 minutes, 59 seconds
MWP November 1: ASX rallies on US rates, while IMF sends inflation warning 💥
Investors will be awaiting a US Fed decision on interest rates, with another pause potentially on the cards.See omnystudio.com/listener for privacy information.
11/1/2023 • 4 minutes, 20 seconds
Money News with Scott Haywood - 31st October
Australian Halloween spending lifts by 14%; deal for Venice Energy on LNG; Hancock Prospecting makes a $5 billion profit; Origin takeover meets AusSuper problem; feisty moments at the Endeavour AGM; microcap investing in the spotlight; SMEs passing on costs to customers; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/31/2023 • 38 minutes, 52 seconds
Garry Crole, CEO of Sequoia
Microcaps are the smallest part of the Australian market, but can present opportunity for investors looking for a bargainSee omnystudio.com/listener for privacy information.
10/31/2023 • 6 minutes, 49 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at MARCUS TODAY
A raft of company action as decisions for Endeavour, Origin and Treasury Wines all come to a head.
MARKET WRAP:
ASX200: up 0.42%, 7,056
AUD: 63.56 US cents
GOLD: $1,932 US/oz
BITCOIN: $44,562 AUD
Poultry company Inghams jumped 7 per cent to $3.67
Treasury Wine Estates is in a trading halt.
Endeavour Group rallied 1 per cent
Lithium miners Allkem and Pilbara Minerals were among the weakest companies down just under 4%
Energy retailer Origin fell after its biggest shareholder, AustralianSuper, declared it would vote its 13.67 per cent stake against Brookfield’s proposed $18.7 billion takeover of the company.
Shares closed down ½ a percent to $9.13
Gold producers Northern Star fell more than 3% to $11.69
Newmont down 1 per cent to $60.41
Brickworks shed 1.2 per cent as it traded ex-dividend
See omnystudio.com/listener for privacy information.
10/31/2023 • 12 minutes, 15 seconds
Kym Winter-Dewhirst, Venice Energy Chairman
Energy demand will remain high, but a deal with Origin Energy could see Venice provide more capacity for LNG into Australia.See omnystudio.com/listener for privacy information.
10/31/2023 • 10 minutes, 28 seconds
MWP: ASX rebounds, with Halloween spending on the rise 🎃
A strong lead from Wall Street wasn't enough to boost the ASX, as fears of more rate rises take hold.See omnystudio.com/listener for privacy information.
10/31/2023 • 4 minutes, 39 seconds
Money News with Scott Haywood - 30th October
Companies search for a solution to engineered stone silicosis; Qantas fights back against ACCC allegations; Australia’s free trade agreement with Europe faltering; retail spending increases over the months; older Australians buy health insurance for the first time; Christmas spending to increase to $30 billion; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/30/2023 • 38 minutes, 52 seconds
Kate Browne, head of research from Compare Club
Despite insurance premiums rising, older Australians are choosing to buy into private health insurance for the first time more and more.See omnystudio.com/listener for privacy information.
10/30/2023 • 5 minutes, 2 seconds
Sarah Megginson, Money Expert at Finder
The Reserve bank is warning on spending, but new data expects Australians to spend $30 billion across the Christmas period – up 9% on last year.See omnystudio.com/listener for privacy information.
10/30/2023 • 7 minutes, 27 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
CSL has been a darling of Australian investors, but is a fall of 18% across the year to date cause for concern for the health company?
MARKET WRAP:
ASX200: down 0.79%, 6,772
AUD: 63.59 US cents
GOLD: $2,005 US/oz
BITCOIN: $53,960 AUD
Despite conflict, oil prices dipped
That translated to a bad day for energy stocks.
Endeavour Group, has reported a consumer shift to cheaper mainstream beer
IGO fell 9% to $9.66 after flagging lower prices of lithium would make a difference to its sales.
Healthcare companies were also weaker as heavyweight CSL shed 1.3 per cent to $230.92.
See omnystudio.com/listener for privacy information.
10/30/2023 • 9 minutes, 40 seconds
Craig Penty, CEO & Managing Director of Guarda Systems
As negotiations take place over the use of engineered stone in building, one company is engineering new products to reduce the likelihood of builders suffering silicosis.See omnystudio.com/listener for privacy information.
10/30/2023 • 8 minutes, 12 seconds
MWP October 30: Market regresses, as Qantas fights back 🥊🥊
Qantas has laid out its case against ACCC allegations, while the Australian share market continues to suffer on Middle East tensions.See omnystudio.com/listener for privacy information.
10/30/2023 • 4 minutes, 15 seconds
Money News with Clinton Maynard - 26th October
Michele Bullock cautious to make a prediction on rate movements; Coles sees its customers making a switch on products; Australia’s house prices headed back to record levels; a Hollywood tale sparks ASIC into warning investors; predictions of a 30% rental increase over the next five years; Crown Resorts posts another big loss; and Scott Phillips joins us for the Market Wrap.
Host: Clinton Maynard
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/26/2023 • 39 minutes, 7 seconds
Warren Day, CEO of ASIC
With a Hollywood production telling the story of the GameStop short squeeze, ASIC is sounding a warning towards risky investment.See omnystudio.com/listener for privacy information.
10/26/2023 • 5 minutes, 13 seconds
Dr Nicola Powell, Chief of Research & Economics at Domain
Australia’s house prices are set to climb back to record values by the end of the year according to the Domain Quarterly House Price Report.See omnystudio.com/listener for privacy information.
10/26/2023 • 7 minutes, 37 seconds
The Market Wrap with Scott Phillips, CIO at The Motley Fool
Michele Bullock hasn’t put the nail in the coffin on rate rises yet, but have her comments in Parliament played havoc on markets?
MARKET WRAP:
ASX200: down 0.61%, 6,812
AUD: 62.96 US cents
GOLD: $1,997 US/oz
BITCOIN: $55,021 AUD
Google’s parent company Alphabet down by almost 10%
Australian tech companies followed those losses
Wisetech Global lost almost 2% to $58.80
Xero was also down 2% to $106.30
NextDC also lost 2.5% to $11.86
Megaport lost more than 16% on the day to sit at $9.63
Azure Minerals jumped a huge 43%
Beach Energy was up more than 4%
Santos saw moderate gains
The Utilities sector was the strongest, with Origin, APA, AGL & Meridian all climbing higher.
Coles finished slightly ahead after an increase in sales by $9.2 million in the first quarter
And the Big Four banks were all down, with Westpac the worst of the bunch down 1.1% to $20.57.
See omnystudio.com/listener for privacy information.
10/26/2023 • 8 minutes, 51 seconds
MWP October 26: ASX falls again as tech stocks drag 🖥️
The Australian share market fell again following the lead from Wall Street, with tech stocks performing the worst both here and abroad.See omnystudio.com/listener for privacy information.
10/26/2023 • 4 minutes, 54 seconds
Money News with Scott Haywood - 25th October
Inflation drops to 5.4% in the quarterly numbers, but the threat of rate rises is alive again; Gucci sales drop as luxury goods are abandoned; some sweeter news for Sara Lee; Australian critical mineral miners get a boost from a government pledge; CPA Australia criticises superannuation moves; Star Wars merch goes under the hammer; and Di Colledge joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/25/2023 • 38 minutes, 54 seconds
ELINOR KASAPIDIS, CPA Australia head of policy and advocacy
See omnystudio.com/listener for privacy information.
10/25/2023 • 7 minutes, 36 seconds
Market Wrap with DIANNE COLLEDGE, Private Client Adviser at Morgans
See omnystudio.com/listener for privacy information.
10/25/2023 • 9 minutes, 49 seconds
WARREN HOGAN, EQ Economics & Chief Economic Advisor to Judo Bank
See omnystudio.com/listener for privacy information.
10/25/2023 • 11 minutes, 44 seconds
MWP October 25: Inflation falls, but RBA has the rate knives sharpened 🔪🔪
A drop in the quarterly inflation rate to 5.4% was a good thing, but might not be enough for the Reserve Bank to hold off on another rate increase in November.See omnystudio.com/listener for privacy information.
10/25/2023 • 4 minutes, 30 seconds
Money News with Scott Haywood - 24th October
Quarterly CPI data to determine path forward on interest rates; calls for Australia to get back to its strong trade background; Bega Group sees Vegemite sales climb; working from home falls in the US; US Treasury bonds fluctuate again; Bitcoin in its revival stage; trade tariffs to be reviewed on Australian wine; Microsoft makes a $5b investment in Australian cybersecurity; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/24/2023 • 38 minutes, 59 seconds
Anthony Roberts, CEO Oatley Fine Wine Merchants
Trade tariffs on Australian wine will be reviewed by China, with the industry hoping they can regain lost profits on the news.See omnystudio.com/listener for privacy information.
10/24/2023 • 8 minutes, 40 seconds
The Market Wrap with Evan Lucas, Independent Analyst
US Treasury bonds hit a 10-year high overnight, meaning that investors could be looking for the safety of bonds over the sharemarket.
MARKET WRAP:
ASX200: up 0.19%, 6,856
AUD: 63.65 US cents
GOLD: $1,986 US/oz
BITCOIN: $53,486 AUD
Ampol gaining 1.2% to $31.79
Santos up just under 1 per cent to $7.85
New Hope up 2.2 per cent to $6.05
CBA added 0.2 per cent, NAB was steady and Westpac gained ½ a percent to $20.96
ANZ fell 4 cents to $25.18
Pilbara Minerals up more than 5 per cent to $3.79
Meridian Energy and Fortescue were also higher.
Meanwhile, Resmed closed down more than 2 per cent to $22.87
Pro Medicus also fell 2 per to $77.73
See omnystudio.com/listener for privacy information.
10/24/2023 • 11 minutes, 32 seconds
Richard Holden, Professor of Economics, UNSW Business School
Australia’s economy has a few problems to be solved, but could getting back to trade be the key to unlocking more success?See omnystudio.com/listener for privacy information.
10/24/2023 • 12 minutes, 25 seconds
MWP October 24: ASX in the green, but its Bitcoin that's surging ₿🤑
The ASX climbed back into positive territory, but with talk of a Bitcoin ETF on the way in the United States, that's seen investors jump back in to the cryptocurrency market.See omnystudio.com/listener for privacy information.
10/24/2023 • 4 minutes, 13 seconds
Money News with Scott Haywood - 23rd October
The Australian share market drops to a one-year low; Chinese tariffs on Australian wine under review; superannuation changes could see retirees looking for a different option; property advocates step in to a cooling market; Medibank to trial four-day work week; ATO warns leads us off in the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/23/2023 • 39 minutes
Tonya Davidson, REIV Buyers Advocate of the Year 2023
The property market has cooled, with lower supply being the only saviour for price. How are buyers approaching a testy time for home buying?See omnystudio.com/listener for privacy information.
10/23/2023 • 9 minutes, 7 seconds
Grant Hackett, CEO & Managing Director of Generation Development Group
While investors might be worrying about their retirement given market losses, Generation Life is looking towards retirees as an area of growth.See omnystudio.com/listener for privacy information.
10/23/2023 • 9 minutes, 19 seconds
The Market Wrap with Elio D'amato, Stockopedia
Middle Eastern tensions have the potential to shift the market, especially if the oil price continues to rise.
MARKET WRAP:
ASX200: up 0.82%, 6,844
AUD: 63.07 US cents
GOLD: $1,989 US/oz
BITCOIN: $48,695 AUD
The ASX200 was down to its lowest point in the last year
Aussie energy stocks fell along with oil price
Woodside Energy ended down 3%
Viva Energy (VEA) shares fell 2.5% after the fuel retailer reported Q3 convenience sales of $277M, down from $284M a year ago.
South32 shares dropped 3.4% after it reported an 18% drop in metallurgical coal output.
Pro Medicus shares rose 1.5% on a $16M contract win in the US
Immutep shares surged on positive phase two trial results
Treasury Wine Estates shares gained 1.4% to $11.93
See omnystudio.com/listener for privacy information.
10/23/2023 • 11 minutes, 7 seconds
MWP October 23: ASX to one-year low, but how much more to go? ⬇️
The Australian share market fell to its lowest point in a year, with oil prices and a weak Aussie dollar sending a few worries through the market.See omnystudio.com/listener for privacy information.
10/23/2023 • 4 minutes, 41 seconds
Money News with Scott Haywood - 19th October
The Australian unemployment rate drops to 3.6% sparking fears of interest rate rises; Netflix sees a jumps in subscribers after password crackdown; the Australian share market bathed in a sea of red ink; RegTech industries grow as security becomes more important; takeover plans in the radio world; and Tony Sycamore joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/19/2023 • 38 minutes, 51 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
A potential takeover bid involving two large radio networks poses questions about who will survive and who needs to fear for their jobs.See omnystudio.com/listener for privacy information.
10/19/2023 • 6 minutes, 29 seconds
Nick Boudrie, CEO & Co-Founder of LAB Group
Physical security at a bank is always important, but as we move into the digital golden age, RegTech is going to become even more important.See omnystudio.com/listener for privacy information.
10/19/2023 • 8 minutes, 51 seconds
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
Global tensions have seen markets tumbling around the world, with traders looking to defensive stocks like gold to secure their investments.
MARKET WRAP:
ASX200: down 1.36%, 6,981
AUD: 63.07 US cents
GOLD: $1,960 US/oz
BITCOIN: $44,802 AUD
Australia’s iron ore mining heavyweights weighed down the local bourse, with BHP down and Rio Tinto losing more than 1%
Allkem down more than 5 per cent to $11.11
Pilbara Minerals also dropped more than 5% to $3.86
Telix Pharmaceuticals down 10% to $9.20
Netwealth group fell more than 7% to $13.63
The banks were all off, with Commonwealth, NAB and Westpac down more than 1 per cent.
Northern Star Resources added 4% to $11.98
Regis Resources added 1 cent to $1.65
Meridian Energy up more than 2 per cent to $4.76
Origin Energy and Spark New Zealand marginally higher.
See omnystudio.com/listener for privacy information.
10/19/2023 • 5 minutes, 8 seconds
Diana Mousina, AMP Chief Deputy Economist
A mixed set of numbers saw Australia’s unemployment once again drop to 3.6% over September. So will that spark the RBA into lifting rates?See omnystudio.com/listener for privacy information.
10/19/2023 • 8 minutes, 9 seconds
MWP October 19: Sea of red wipes 1.4% off the ASX 200 🔴🔴🔴
Rising tensions in the Middle East are making their way through markets, with some quarterly US reports affected by the backdrop.See omnystudio.com/listener for privacy information.
10/19/2023 • 5 minutes
Pradeep Philip - Lead Partner, Deloitte Access Economics
Australia’s economy is sitting on “a knife’s edge” according to Deloitte’s outlook, and might face another shock with Middle East tensions.See omnystudio.com/listener for privacy information.
10/18/2023 • 9 minutes, 53 seconds
The Market Wrap with KYLE RODDA, Senior Financial Market Analyst at Capital.com
Whitehaven has been the big winner in BHP’s divestment plans, picked as the preferred bidder for two Qld coal mines.See omnystudio.com/listener for privacy information.
10/18/2023 • 8 minutes, 28 seconds
Brian Mangano, Managing Director of Swift Networks Group
Remote workers still need access to normal creature comforts, with a WA company working to provide entertainment to remote areas.See omnystudio.com/listener for privacy information.
10/18/2023 • 7 minutes, 35 seconds
Grace Bacon, Director of RSM Financial Services Australia
Getting a lottery windfall might sound like a dream situation for most people, but it can also put a strain on relationships.See omnystudio.com/listener for privacy information.
10/18/2023 • 5 minutes, 7 seconds
Money News with Scott Haywood - 17th October
Michele Bullock sends a warning on inflation shocks; High Court rules on Victorian EV tax; Whitehaven the big winner in BHP coal mine divestment; iconic dessert brand Sara Lee calls in the administrators; remote workers on mining sites get access to entertainment; a warning for those celebrating a big lottery windfall; and Kyle Rodda joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine Radio
See omnystudio.com/listener for privacy information.
10/18/2023 • 39 minutes
MWP October 18: Miners take centre stage as the ASX climbs ahead ⛏️
Whitehaven Coal has surged after BHP named it as the preferred bidder for its Queensland coking coal mines, while the ASX keeps clawing its way upwards.See omnystudio.com/listener for privacy information.
10/18/2023 • 4 minutes, 27 seconds
Money News with Scott Haywood - 17th October
RBA Minutes suggested another rate hike could be on the cards; national residential rental vacancies drop to 1.1%; Canva not ready to list publicly; employers & employees look to upskill; Victorians facing dairy shortages; smartphone sales recede; Mortgage Broker of the Year awarded; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/17/2023 • 39 minutes
Jean-Pierre Gortan, Australian Broker of the Year for 2023
At a time when rates have been increasing out of sight, finding the best deal is often a difficult task.See omnystudio.com/listener for privacy information.
10/17/2023 • 5 minutes, 13 seconds
Let's Talk Business with Nicole Gorton, Director at Robert Half Australia
Employers & employees alike are looking for upskilling arrangements to increase productivity in the workplace.See omnystudio.com/listener for privacy information.
10/17/2023 • 6 minutes, 34 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
Despite the RBA Minutes not giving a clear indication on the rates decisions to come, retail stocks were nervous in their performance.
MARKET WRAP:
ASX200: up 0.42%, 7,056
AUD: 63.56 US cents
GOLD: $1,932 US/oz
BITCOIN: $44,562 AUD
Healthcare stocks were the worst performing
CSL declined 1.5 percent to $236.40.
The tech sector was the best performing, up 1.3 per cent
Bapcor sank 11.5 per cent to $5.91, after flagging that its year-to-date revenue growth had slowed
Rio Tinto advanced 1½ per cent to close above $117
BHP and Fortescue were both up after iron ore touched on US$120 a tonne.
ANZ closing up 0.8% to $25.76
Westpac also up 0.8% to $21.48
See omnystudio.com/listener for privacy information.
10/17/2023 • 11 minutes, 15 seconds
Louis Christopher, Principle, SQM Research
Rental vacancy rates are continuing to be tight, as migration sees higher demand for the scarce properties in place.See omnystudio.com/listener for privacy information.
10/17/2023 • 7 minutes, 9 seconds
RBA Minutes Explained
RBA Minutes reveal the chance of another rate rise before the end of 2023.See omnystudio.com/listener for privacy information.
10/17/2023 • 1 minute, 33 seconds
MWP October 17: Minutes reveal the threat of more rate hikes 📝
The Reserve Bank will let nothing stand in its way of tackling inflation, but that could mean more rate hikes to come. Plus, the ASX gains after diplomatic efforts in the Middle East boosts confidence.See omnystudio.com/listener for privacy information.
10/17/2023 • 4 minutes, 25 seconds
Money News with Scott Haywood - 16th October
The government sets out new regulations in the cryptocurrency space to protect consumers; Uber prepares for a fight on proposed IR laws by the government; Albemarle’s takeover of Liontown Resources falls through; artificial intelligence plays a part in stroke diagnosis; investors pull out of the Melbourne & Sydney property markets; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/16/2023 • 38 minutes, 51 seconds
Michael Macilquham, Acting CEO & Chief Commercial Officer
Artificial intelligence might be a scary proposition, but a medtech company based out of Europe is using it to get better outcomes for stroke patients.See omnystudio.com/listener for privacy information.
10/16/2023 • 7 minutes, 18 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
Albemarle has withdrawn a $6.6 billion takeover offer for Liontown Resources after Gina Rinehart’s company increased their stake in the company.
MARKET WRAP:
ASX200: down 0.35%, 7,026
AUD: 63.23 US cents
GOLD: $1,924 US/oz
BITCOIN: $44,068 AUD
Gold miners were the biggest large-cap advancers with Northern Star up 3 per cent to $11.39
Newcrest up more than 3% to $2.84
Evolution up 2.6 per cent
Woodside up 1 per cent
Santos up more than ½ per cent
Brent crude oil prices surged 5.8 per cent
Building products group Fletcher Building plunged 8.6 per cent to $4.07
Liontown Resources shares were placed in a trading halt as US-based miner Albermarle dumped its $6.6 billion buyout bid
See omnystudio.com/listener for privacy information.
10/16/2023 • 9 minutes, 21 seconds
Caroline Bowler, BTC Markets CEO
The government will look to introduce increased regulation on the cryptocurrency sector, aiming to tame the Wild West and protect more Australian users.See omnystudio.com/listener for privacy information.
10/16/2023 • 10 minutes, 51 seconds
MWP October 16: Liontown deal pulled after Gina's push 🔋
A takeover deal for lithium miner Liontown won't go ahead after US-listed Albemarle was spooked. The ASX had a negative day following the lead from Wall Street.See omnystudio.com/listener for privacy information.
10/16/2023 • 4 minutes, 20 seconds
Money News with Scott Haywood - 12th October
US CPI set to come in a little lower; Australian pubs become big business; Coles expects more Australians to cook at home over Christmas; Australians look to invest in cash ETFs; cricket is added to the Olympic program to attract Indian revenue; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/12/2023 • 38 minutes, 56 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
Cricket has been added to the Olympic Games, but is it a cynical ploy by the IOC to attract sponsorship & investment from India?See omnystudio.com/listener for privacy information.
10/12/2023 • 6 minutes, 59 seconds
Chris Brycki, Stockspot Founder & CEO
Australians are looking to invest in cash ETFs as interest rates start to climb, and more rewards are to be found.See omnystudio.com/listener for privacy information.
10/12/2023 • 8 minutes, 26 seconds
The Market Wrap with Scott Phillips, CIO at The Motley Fool
The healthcare sector has been in freefall across 2023, with major player CSL having a bad time on the day.
MARKET WRAP:
ASX200: up 0.04%, 7,091
AUD: 64.13 US cents
GOLD: $1,894 US/oz
BITCOIN: $41,822 AUD
CSL down 6.3% to $238.24.
Resmed fell 5.2% to $22.17
Tabcorp also fell, down 6.4% to $91.75
All four major banks and Macquarie trading higher by up to 1%
Bank of Queensland rebounding 3.3% to $5.55
Redbubble rallied 30 per cent to 60 cents
Shares in Liontown fell just under 2% to $2.87
Air New Zealand shares closed at 65.5c
See omnystudio.com/listener for privacy information.
10/12/2023 • 9 minutes, 42 seconds
Chris Cornforth, Director of Harvest Hotels
Australia’s hotel industry used to be the domain of ex-cricketers and footballers, but it’s become big business with a unique set of challenges.See omnystudio.com/listener for privacy information.
10/12/2023 • 7 minutes, 59 seconds
MWP October 12: Health sector books itself a check-up 🤒
While the ASX had it's sixth positive day in a row, the performance of Healthcare stocks, including market favourite CSL, has been under pressure through 2023.See omnystudio.com/listener for privacy information.
10/12/2023 • 4 minutes, 2 seconds
PATRICK ALLAWAY, Managing Director & CEO of Bank of Queensland
While many banks are increasing their profits, it hasn’t been such a great year for Bank of Queensland, with profits down 70%.See omnystudio.com/listener for privacy information.
10/11/2023 • 9 minutes, 50 seconds
Money News with Scott Haywood - 11th October
Business & consumer confidence showing good signs; ACCC approves an international takeover of Origin Energy; small modular reactors not as pricey as first thought; lending negotiators use group tactics to take on the big banks; Nobel Prize in Economic Sciences awarded; small businesses look to market themselves; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Darren Brampton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/11/2023 • 39 minutes, 7 seconds
Kerry Plowright, CEO of environmental service company Aeeris
Australia is set to face some of the harshest weather conditions over this upcoming El Nino summer, but one local company has developed a product to help with detections and alerts.See omnystudio.com/listener for privacy information.
10/11/2023 • 6 minutes, 36 seconds
Nathan Lim, Chief Investment Officer at Lonsec
MARKET WRAP:
ASX200: up 0.68%, 7,088
AUD: 64.24 US cents
GOLD: $1,876 US/oz
BITCOIN: $42,089 AUD
Materials were the strongest performers, rising more than 1 per cent
BHP and Rio Tinto shares up more than 1%
Fortescue Metals Group up 1.6 per cent to $21.17
Energy stocks rose 0.5 per cent as oil prices steadied
Woodside up marginally to close at $35.81
Bank of Queensland shares down more than 7.4% to $5.35
Bendigo and Adelaide bank down 1.2% to $8.99
Australia and the United States are still at threat of recession, so how will markets be affected if that happens?See omnystudio.com/listener for privacy information.
10/11/2023 • 8 minutes, 43 seconds
Nick McIntosh - Transport Workers Union National Assistant Secretary
Richard Goyder will step down as Chairman of Qantas, but will take a long farewell lap on the way to the finish line.See omnystudio.com/listener for privacy information.
10/11/2023 • 6 minutes, 33 seconds
MWP October 11: Goyder enters the Qantas departure lounge ✈️
After facing significant pressure, Richard Goyder will stand down as Chairman of Qantas, while the ASX climbed for another day.See omnystudio.com/listener for privacy information.
10/11/2023 • 3 minutes, 55 seconds
Money News with Scott Haywood - 10th October
Business & consumer confidence showing good signs; ACCC approves an international takeover of Origin Energy; small modular reactors not as pricey as first thought; lending negotiators use group tactics to take on the big banks; Nobel Prize in Economic Sciences awarded; small businesses look to market themselves; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/10/2023 • 39 minutes, 4 seconds
Let's Talk Business with Michael Kava, Director of Little Marketing
It's Small Business month across NSW, but how important is marketing for SME operations?See omnystudio.com/listener for privacy information.
10/10/2023 • 5 minutes, 42 seconds
Luke Oxley, Co-Founder & CEO of Craggle
Refinancing on a loan can be a pain, but would creating a group approach to the problem make it easier for the little guy to take on the banks?See omnystudio.com/listener for privacy information.
10/10/2023 • 6 minutes, 57 seconds
The Market Wrap with Evan Lucas, Independent Analyst
An $18.7 billion takeover of Origin Energy has been approved by the ACCC, but how will it change energy investment in Australia?
MARKET WRAP:
ASX200: up 1.01%, 7,040
AUD: 63.97 US cents
GOLD: $1,869 US/oz
BITCOIN: $43,246 AUD
Origin Energy finished up 5.5 per cent after Australia’s competition watchdog authorised a $18.7 billion buyout
Weebit Nano bounced 6.7 per cent
Newcrest Mining is down 1.1 per cent
Lynas Rare Earths gained 2.4 per cent
Virgin Australia has announced its first annual profit in 11 years, reporting a $129m net gain for the 2023 financial year.
See omnystudio.com/listener for privacy information.
10/10/2023 • 10 minutes, 7 seconds
Alan Olster, Group Chief Economist at NAB
Business confidence might not be well into positive territory just yet, but there are signs that the inflation fight is heading in the right directionSee omnystudio.com/listener for privacy information.
10/10/2023 • 6 minutes, 51 seconds
MWP October 10: Origin Energy approved for sale as ASX climbs 🔥
The ACCC has approved an $18.7 billion deal for a Canadian-US consortium to takeover Origin Energy, helping the ASX 200 to climb back above 7000 points.See omnystudio.com/listener for privacy information.
10/10/2023 • 4 minutes, 37 seconds
Money News with Scott Haywood - 9th October
Physical security in demand as the need for data bank and cloud storage protection grows; more job losses at Commonwealth Bank; China’s slowdown could make Christmas buying cheaper; Middle East tension sees oil & gold prices rise; government regulations put the sharing economy industry at risk; more exercise by heading to the office; and Elio D’Amato joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/9/2023 • 38 minutes, 54 seconds
Rob Nicholls, Associate Professor UNSW Business School
Government regulations have changed the sharing economy from what it once set out to be, but will it kill the golden goose completely?See omnystudio.com/listener for privacy information.
10/9/2023 • 7 minutes
The Market Wrap with Elio D'Amato, Stockopedia
Middle Eastern tensions have the potential to shift the market, especially if the oil price continues to rise.
MARKET WRAP:
ASX200: up 0.23%, 6,970
AUD: 63.53 US cents
GOLD: $1,865 US/oz
BITCOIN: $43,947 AUD
The oil price surged due to Middle East tensions.
Woodside Energy rose more than 3% to $35.24
Santos was up more than 4% to $7.66
Ampol lifted almost 2% to $32.30
Investors also looked to the safehaven of gold.
Evolution Mining up 6.5% to $3.55
Northern Star up just under 4% to $11.23
Newcrest up 4.7% to $25.42
Knowledge and service provider Worley up 1.3% to $17 at the close.
Qantas shed 3.7% to $4.84.
See omnystudio.com/listener for privacy information.
10/9/2023 • 11 minutes, 56 seconds
Dennison Hambling, Managing Director of Intelligent Monitoring Group
Investments in cloud storage & data banks means someone has to protect the physical assets. So is there growth in the security space outside of cyber attacks?See omnystudio.com/listener for privacy information.
10/9/2023 • 10 minutes, 27 seconds
MWP October 9: Gold a safehaven for investors as tensions rise 🧈🧈
A jump in the price of oil & gold following bloodshed in Israel saw the ASX 200 close up for the 3rd consecutive day.See omnystudio.com/listener for privacy information.
10/9/2023 • 4 minutes, 12 seconds
Money News with Scott Haywood - 5th October
New retail data suggests a pause in spending this Christmas; super funds won’t fund government’s aged care plans; cricket’s World Cup provides for advertisers; the Aussie share market rebounds; Luxembourg is the small country punching above its weight; Victorian gold exploration opens for S2 Resources; and Tony Sycamore joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/5/2023 • 39 minutes, 54 seconds
Nicolas Mackel, CEO of Luxembourg for Finance
Luxembourg has become one of the most important European hubs for finance, punching well above its weight – and population – to do so.See omnystudio.com/listener for privacy information.
10/5/2023 • 7 minutes, 10 seconds
Mark Bennett, Executive Chairman of S2 Resources
A Victorian gold rush is back on again after S2 Resources secured an exploration licence in the Great Fosterville area.See omnystudio.com/listener for privacy information.
10/5/2023 • 7 minutes
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
An overnight drop in the oil price gave the local market some relief, but it still hasn’t undone a bad week on the ASX
MARKET WRAP:
ASX200: up 0.51%, 6,925
AUD: 63.42 US cents
GOLD: $1,836 US/oz
BITCOIN: $43,533 AUD
The major banks rallied between 0.2 per cent and 0.9 per cent, rebounding from yesterday’s sell-off.
Shares in gold miners jumped, boosted by stronger prices of the precious metal
Energy was the biggest laggard, down 0.9 per cent, even as oil prices steadied following a spectacular 5 per cent drop in crude on Wednesday.
Santos declined 0.4 per cent to $7.42
Woodside Energy fell 0.8 per cent to $34.31
Whitehaven Coal dropped 1.3 per cent to $6.75
See omnystudio.com/listener for privacy information.
10/5/2023 • 6 minutes, 6 seconds
Paul Zahra, Australian Retailers Association CEO
New data from the Retailers Association suggests Australians will be careful with their wallets across the Christmas period, as interest rates & inflation continue to hurt.See omnystudio.com/listener for privacy information.
10/5/2023 • 9 minutes, 48 seconds
MWP October 5: A drop in the oil price a double-edged sword ⚔️
Oil prices dropped more than 5% overnight, and that helped the ASX to finally have a positive day.See omnystudio.com/listener for privacy information.
10/5/2023 • 3 minutes, 43 seconds
Money News with Scott Haywood - 4th October
US bond yields grow, leading to market concerns on interest rates; a Congress displacement could risk the US credit rating; white collar workers becoming more in demand; Australian wine growers call on the government to give them more support; World Financial Planning Day is celebrated; Commonwealth Games costs continue to balloon; the government holds firm on superannuation changes; and Di Colledge joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Goibniu Walton
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/4/2023 • 39 minutes, 5 seconds
David Sharpe, Chair of the Financial Advice Association of Australia
Today is World Financial Planning Day, but have the changes made by the Financial Royal Commission made a difference to the industry.See omnystudio.com/listener for privacy information.
10/4/2023 • 8 minutes, 33 seconds
The Market Wrap with Dianne Colledge, Private Client Advisor at Morgans
The Australian share market has dropped to its lowest point in 11 months, with fears from the United States filtering through to our local market.
MARKET WRAP:
ASX200: down 0.77%, 6,890
AUD: 63.12 US cents
GOLD: $1,822 US/oz
BITCOIN: $43,452 AUD
Technology companies were under pressure on the risk of higher interest rates
Weebit Nano falling more than 4% to close below $3
Xero dropped 1.2% to $110
Seven West media fell just under 5% to 29 cents
IGO also slipped lower by 2.3% to $12.07
See omnystudio.com/listener for privacy information.
10/4/2023 • 6 minutes, 55 seconds
Geoff Wilson, Founder and Chief Investment Officer of Wilson Asset Management
Bond yields in the US have soared to a position not seen since 2007 sending fears through markets that interest rates could be held at a higher rate for longer.See omnystudio.com/listener for privacy information.
10/4/2023 • 11 minutes, 33 seconds
MWP October 4: Bond yields soar, rates higher for longer? ⚠️
The Australian share market has had another weak day. With US bond yields soaring, can we expect interest rates to remain higher for longer?See omnystudio.com/listener for privacy information.
10/4/2023 • 4 minutes, 5 seconds
Money News with Scott Haywood - 3rd October
The Reserve Bank leaves rates on hold as Michele Bullock chairs her first board meeting; Apple is strong despite iPhone 15 problems; Birkenstock prepares its IPO off the back of Barbie success; gold price drops; bond yields soar; lenders increase rates despite cash rate pause; cybersecurity changes for small businesses; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/3/2023 • 38 minutes, 54 seconds
Effie Zahos, Canstar Editor-at-Large
Despite rates being held since June 7th, lenders have still been adjusting their rates to boost their margins.See omnystudio.com/listener for privacy information.
10/3/2023 • 7 minutes, 42 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today
Bond yields have soared, while the Australian share market has now plummeted to its worst point in more than 6 months.
MARKET WRAP:
ASX200: down 1.28%, 6,943
AUD: 63.14 US cents
GOLD: $1,928 US/oz
BITCOIN: $40,466 AUD
Traditional safe haven gold fell overnight, hurting miners
Newcrest Mining down just under 3% to $23.78,
Northern Star down just under 5% to $10.03.
And Evolution down more than 5% to $3.09
The big 4 banks and Macquarie were all weaker, potentially because there is still no confidence that the RBA has finished its rate hikes this year.
See omnystudio.com/listener for privacy information.
10/3/2023 • 8 minutes, 10 seconds
Shane Oliver, Chief Economist at AMP Capital
New RBA Governor Michele Bullock has delighted mortgage holders in her first board meeting in charge, leaving the official cash rate at 4.10%See omnystudio.com/listener for privacy information.
10/3/2023 • 12 minutes, 48 seconds
MWP October 3: A hold on rates not enough to stop market slide 🤕
The Reserve Bank has left rates on hold at the first board meeting with new Governor Michele Bullock in charge, but that did little to stave off a tanking ASX today.See omnystudio.com/listener for privacy information.
10/3/2023 • 4 minutes, 24 seconds
Money News with Scott Haywood - 2nd October
The RBA prepares to make its first rates decision under the Governorship of Michele Bullock; property prices continue to head back to record levels; Grand Finals good for businesses, but not for the bookmakers; Victorian business looks for a fresh start with government; investment pitching made easy; ; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
10/2/2023 • 38 minutes, 53 seconds
Sarah Lawrence, Founder & MD at Hot Toast
You might want investment in your business, but is the pitch process as easy as it's made out to be on TV shows like Shark Tank?See omnystudio.com/listener for privacy information.
10/2/2023 • 6 minutes, 50 seconds
Paul Guerra, CEO of the Victorian Chamber of Commerce and Industry
Victoria has a new Cabinet in place, looking to repair the ties between the state government and small businesses in the area.See omnystudio.com/listener for privacy information.
10/2/2023 • 6 minutes, 18 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
Healthcare companies have been the worst performing across the ASX over the last year, so is there a turnaround in sight for the sector?
MARKET WRAP:
ASX200: down 0.22%, 7,033
AUD: 64.21 US cents
GOLD: $1,858 US/oz
BITCOIN: $44,258 AUD
Syrah Resources jumped 8 per cent to 55 cents
Symbio shares jumped 14 per cent to $3
South32 gained 2 ½ % to $3.47
Iron ore heavyweights BHP, Fortescue and Rio Tinto also climbed after the iron ore price increased overnight.
Coronado dropped more than 4% to $1.85
Santos and Woodside fell just under 1 per cent
Healthcare companies were also weaker with Resmed and CSL both slipping lower.
See omnystudio.com/listener for privacy information.
10/2/2023 • 7 minutes, 15 seconds
Tim Lawless, Executive Research Director at CoreLogic
Australia’s home values continue to grow, now just 1.3% off the historical peak, even despite the threat of further interest rate rises.See omnystudio.com/listener for privacy information.
10/2/2023 • 8 minutes, 9 seconds
MWP October 2: ASX down as all eyes head to the RBA 👀
Michelle Bullock has taken the reins of the RBA, but will she make her mark with a lift in the official cash rate at her first board meeting in charge on Tuesday?See omnystudio.com/listener for privacy information.
10/2/2023 • 3 minutes, 57 seconds
Money News with Warren Moore - 28th September
Retail sales come in slower, but are saved by Matilda-mania; Brickworks’ net profit falls; household savings declines; the oil price shoots up; Australia’s politicians & businesses look to India; Amazon Prime to offer ad-free payment; and Scott Phillips joins us for the Market Wrap.
Host: Warren Moore
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/28/2023 • 39 minutes, 1 second
The Market Wrap with Scott Phillips, CIO at The Motley Fool
The oil price continues to rise – good news for energy companies, but placing pressure on the Aussie dollar.
MARKET WRAP:
ASX200: down 0.08%, 7,024
AUD: 63.66 US cents
GOLD: $1,892 US/oz
BITCOIN: $41,421 AUD
Woodside rose almost 3% to $36.69
Santos was up 3.8% to $7.95
Ampol jumped 1.3% to $34.06
Beach Energy was up 3.1% to $1.65
Whitehaven lifting more than 6% to $7.35
Coronado up more than 4% to just under $2 a share
Yancoal gained 1.5% to $5.27.
Brickworks shares fell 6.4 per cent after its results.
Washington H Soul Pattinson were down 6 per cent after reporting a 9 per cent drop in regular profit to $759.3 million.
Premier Investments slipped 0.5 per cent after an almost 5 percent drop in full-year net profit to $271 million.
See omnystudio.com/listener for privacy information.
9/28/2023 • 9 minutes, 46 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
Rupert Murdoch has stepped down from his media empire, so will revenue stall with his heir sitting in the company throne?See omnystudio.com/listener for privacy information.
9/28/2023 • 7 minutes, 17 seconds
Andrew Charlton, Federal MP for Parramatta & former Senior economic adviser to Kevin Rudd
As China relations start to repair, Australian politicians and businesses have used the break to look to the prosperity of India.See omnystudio.com/listener for privacy information.
9/28/2023 • 9 minutes, 45 seconds
Lindsay Partridge, Managing Director of Brickworks
Brickworks’ profit has fallen by 54% to $395 million, but could a government push on construction help to boost the industry?See omnystudio.com/listener for privacy information.
9/28/2023 • 7 minutes, 1 second
MWP September 28: Black gold shifts the market 🛢️
A jump in oil prices saw ASX energy companies finish the day higher, but has placed huge pressure on the Aussie dollar in the process.See omnystudio.com/listener for privacy information.
9/28/2023 • 4 minutes, 52 seconds
Money News with Warren Moore - 27th September
Australia’s inflation rises for the first time in months, potentially setting up another rate rise on the horizon; Qantas heads face a Senate inquiry on the decision to block Qatar Airways; Chinese travellers bring hope for the local tourism industry; PwC’s “profit first” culture blamed for problems; and Jessica Amir joins us for the Market Wrap.
Host: Warren Moore
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/27/2023 • 38 minutes, 57 seconds
Margy Osmond, Chief Executive of the Tourism and Transport Forum
Chinese tourists will make their way back into the country, giving hope for a boost towards Australia’s tourism sector.See omnystudio.com/listener for privacy information.
9/27/2023 • 8 minutes, 44 seconds
The Market Wrap with Jessica Amir – Market Strategist, moomoo Australia
Markets are settling in for a tougher time, with most expecting interest rates to be higher for longer.
MARKET WRAP:
ASX200: up 0.74%, 7,153
AUD: 64.14 US cents
GOLD: $1,934 US/oz
BITCOIN: $40,456 AUD
Just two of the 11 sectors finished in the green
Tech stocks suffered the most
Life360 dropping 1.7 per cent
WiseTech Global down 1.6 per cent
Xero lost 1.3 per cent
Star Entertainment shares lost more than 15%
Goodman Group, Stockland, Mirvac and Dexus all ended the day stronger.
The major banks edged ahead
Resmed lifted almost 5% on good news for its sleep apnea division.
See omnystudio.com/listener for privacy information.
9/27/2023 • 8 minutes, 25 seconds
Stephen Koukoulas, Managing Director of Market Economics
Australia’s monthly inflation reading rose for the first time in 4 months, jumping from 4.9% in July to 5.2% in August, but not all hope is lost.See omnystudio.com/listener for privacy information.
9/27/2023 • 9 minutes, 46 seconds
MWP September 27: A monthly inflation lift & more market falls 🎈
The ASX 200 flirted with dipping below the 7000 point mark, as monthly CPI data revealed the pain of petrol prices.See omnystudio.com/listener for privacy information.
9/27/2023 • 4 minutes, 34 seconds
Ed McGeoch, Associate Analyst Rabobank Australia
While heavy rainfalls might have delivered good conditions for farmers, an oversupply of sheep is now causing the price per head to drop dramatically.See omnystudio.com/listener for privacy information.
9/26/2023 • 6 minutes, 29 seconds
Money News with Warren Moore - 26th September
Daniel Andrews leaves the top job in Victoria, and leaves lots of work to do on the state budget; Qantas stock downgraded by brokers; energy prices leave customers needing help; prices for sheep plummet after an oversupply of the livestock; and Gavin Wendt joins us for a commodity-focused Market Wrap.
Host: Warren Moore
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine Radio
See omnystudio.com/listener for privacy information.
9/26/2023 • 39 minutes, 10 seconds
John Kehoe, AFR Economics Editor
Daniel Andrews has resigned from his position as Victorian Premier, but he doesn’t leave the state budget in very good health at all.See omnystudio.com/listener for privacy information.
9/26/2023 • 8 minutes, 5 seconds
The Market Wrap with Gavin Wendt, Founding Director and Senior Resource Analyst, MineLife
The iron ore price has softened again, hurting Australian miners, while the price of uranium has shot up to record levels.See omnystudio.com/listener for privacy information.
9/26/2023 • 10 minutes, 45 seconds
MWP September 26: ASX slides again on tech stock losses 💻
A positive day for healthcare wasn't enough to offset losses across the ASX, down another half a percent today.See omnystudio.com/listener for privacy information.
9/26/2023 • 4 minutes, 10 seconds
Money News with Warren Moore - 25th September
The government’s white paper on employment sets out a new agenda, but business isn’t completely on board; another hurdle in the way for Qantas as fuel prices spike; businesses start to go cashless; the iron ore price sinks dragging the miners with it; cost of living challenges lead to people justifying stealing; ; and Elio D’Amato joins us for the Market Wrap.
Host: Warren Moore
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/25/2023 • 39 minutes, 3 seconds
Stephanie Atto, Australian Consumer and Retail Studies, Monash Business School
Cost of living challenges have affected our habits, with some believing pressures mean that theft can be justified.See omnystudio.com/listener for privacy information.
9/25/2023 • 6 minutes, 25 seconds
The Market Wrap with Elio D'Amato, Stockopedia
The iron ore price tumbled, hurting our miners, with the feeling that China can’t be relied on to keep propping up prices.
MARKET WRAP:
ASX200: up 0.11%, 7,076
AUD: 64.19 US cents
GOLD: $1,940 US/oz
BITCOIN: $40,683 AUD
Fortescue Metals dropping 1.3 per cent to $20.54
Rio Tinto falling 1.2 per cent to $113.18
Qantas sinking 1.5% to $5.23
Lithium miner Allkem was also down 3.3% to $11.62
WiseTech Global rose 1.5 per cent to $67.85
Xero jumped 2 per cent to $116.97
Altium gained 1.7 per cent to $44.47
Paladin Energy gaining 6.1 per cent to $1.04
Boss Energy jumped 5.1 per cent to $4.73
Bannerman Energy rose 11.8 per cent to $2.76.
And health tech developer Polynovo lifted 3.3% to $1.26.
See omnystudio.com/listener for privacy information.
9/25/2023 • 10 minutes, 17 seconds
Andrew McKellar, CEO of the Australian Chamber of Commerce and Industry
The government has released its white paper in employment, flagging changes for pensioners, TAFE students & implementing a national skills passport.See omnystudio.com/listener for privacy information.
9/25/2023 • 11 minutes, 37 seconds
MWP September 25: Green shoots for the market, but iron ore drags 🌱
Iron ore prices tumbled hurting the local share market, but it was the government's workplace agenda that was making waves today.See omnystudio.com/listener for privacy information.
9/25/2023 • 4 minutes, 46 seconds
Money News with Scott Haywood - 21st September
The US Federal Reserve keeps rates on hold, but signals that there could be more to come; the Australian share market sinks on US decision; former Treasurer Josh Frydenberg picks Goldman Sachs over politics; Australians staying put in their houses for longer according to Domain; generic pharmaceuticals helps Acrux in the US; the top 50 hotels around the world revealed; and Craig James joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/21/2023 • 38 minutes, 59 seconds
Michael Kotsanis, Managing Director & CEO for Acrux Limited
An Australian pharmaceutical company is taking on the US market with its range of topical products, lifting its revenue by 390% over the last year.See omnystudio.com/listener for privacy information.
9/21/2023 • 8 minutes, 57 seconds
The Market Wrap with Craig James, CommSec Chief Economist
The US Federal Reserve has continue to target inflation as its number one priority, as the Australian market tumbles following a bad lead from Wall Street.
MARKET WRAP:
ASX200: down 1.37%, 7,065
AUD: 64.06 US cents
GOLD: $1,945 US/oz
BITCOIN: $42,125 AUD
Oil and gas heavyweight Woodside dropped 2.6 per cent as the West Texas oil fell below $US89 a barrel.
Commonwealth Bank, NAB, ANZ and Westpac all tumbled more than 1.5 per cent, with Westpac the worst hit of the big four, dropping 2.5 per cent.
The health care, real estate and materials sectors also fell more than 1 per cent.
In company news, Transurban dropped 3.7 per cent after the ACCC blocked its bid for Melbourne’s EastLink toll road.
Shares in Qantas dipped 0.4 per cent to $5.31
Fonterra’s ASX-listed shareholders fund gained 4.5 per cent
Brainchip fell 11.1 per cent
See omnystudio.com/listener for privacy information.
9/21/2023 • 11 minutes, 39 seconds
Dr Nicola POwell, Chief of Research & Economics at Domain
Australians are staying put, with stamp duty, interest rates and a love for where they live all causing Domain’s Tenure Index to rise higher.See omnystudio.com/listener for privacy information.
9/21/2023 • 10 minutes, 52 seconds
MWP September 21: US Fed rate warnings send ASX into freefall 📉
The US Federal Reserve has left rates on hold, but markets did not like the warning that there would be more to come by the end of the year, and tighter settings through 2024.See omnystudio.com/listener for privacy information.
9/21/2023 • 5 minutes, 1 second
Money News with Scott Haywood - 20th September
The big banks face the Senate over branch closures; state governments start the ball rolling on housing supply; Alan Joyce’s final payday revealed; US rates decision to happen overnight; UK inflation drops unexpectedly; family businesses prepare for the best & worst; Spring selling season upon the property market; and Kyle Rodda joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Kayne Stephens
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/20/2023 • 38 minutes, 52 seconds
Jack Bongiorno, Marshall White Sales Director and Auctioneer
The Spring selling season for property is upon us, but it could be a flatter year than most with demand to buy currently underwhelming.See omnystudio.com/listener for privacy information.
9/20/2023 • 5 minutes, 28 seconds
Kirsten Taylor-Martin, Partner & national head of Family Business Consulting at Grant Thornton
Running a business is tough enough, but doing it with family can lead to a whole set of extra problems to contend with.See omnystudio.com/listener for privacy information.
9/20/2023 • 7 minutes, 20 seconds
The Market Wrap with Kyle Roda, Senior Financial Market Analyst at Capital.com
A landmark US rates decision overnight, but markets have been buoyed by an unexpected drop in UK inflation.
MARKET WRAP:
ASX200: up 0.46%, 7,163
AUD: 64.64 US cents
GOLD: $1,951 US/oz
BITCOIN: $42,013 AUD
Shares in Qantas dipped 2.2 per cent, following news the airline paid former CEO Alan Joyce a $21.4 million salary in FY23
Sports and outdoor goods seller KMD Brands dropped 4.6 percent after flagging cost-of-living pressures on its Kathmandu brand
Flight Centre Travel, which trades ex-dividend as of today, fell 1.2 per cent.
Shares in buy-now-pay-later player Sezzle soared 20.8 per cent, following reports of strong income in August.
See omnystudio.com/listener for privacy information.
9/20/2023 • 7 minutes, 55 seconds
Nathan Quinn, Carpentry Australia Head of Development
State governments are pledging billions of dollars to sort Australia’s housing crisis, but will we have the labour to do the job?See omnystudio.com/listener for privacy information.
9/20/2023 • 9 minutes, 29 seconds
MWP September 20: ASX down again, while banks face the Senate 🏧
Another half a percent was wiped off the Australian share market today in anticipation of the Fed's movement on rates, while the banks are criticised for branch closures in a Senate hearing.See omnystudio.com/listener for privacy information.
9/20/2023 • 4 minutes, 20 seconds
Money News with Scott Haywood - 19th September
The NSW government hands down its first budget, with public sector workers winning; budget repair crucial for moving forward; global markets await the US Fed decision; New Hope posts a record profit on strong coal prices; what to do after finishing school; Costello warns on inflation target; petrol prices to remain high; and Campbell Stevens joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/19/2023 • 39 minutes, 10 seconds
Rob Bishop, CEO of New Hope Group
Coal miner New Hope posted a record profit of more than $1 billion dollars, following a huge year for coal prices.See omnystudio.com/listener for privacy information.
9/19/2023 • 7 minutes, 39 seconds
The Market Wrap with Campbell Stevens, Business Development Manager at VanEck Australia
Global markets await the decision by the US Fed later in the week over what it will do next with rates.
MARKET WRAP:
ASX200: down 0.47%, 7,196
AUD: 64.53 US cents
GOLD: $1,955 US/oz
BITCOIN: $41,856 AUD
Energy shares were among the winners
Santos jumped 1.1 per cent, Beach Energy rose 0.3% to $1.66
Whitehaven Coal rallied 1.6 per cent
New Hope vaulted 2.2 per cent to $5.31 after posting a $1 billion profit on strong coal demand and record-high prices
Fortescue up just under 2% to close just below $20.00
Syrah Resources down just under 10% to 50 cents a share.
Afterpay owner Block slid 4.4 per cent
See omnystudio.com/listener for privacy information.
9/19/2023 • 11 minutes, 23 seconds
Pradeep Philip, Lead Partner, Deloitte Access Economics
With New South Wales delivering its budget today, the question is asked about whether our government are doing enough for budget repair.See omnystudio.com/listener for privacy information.
9/19/2023 • 12 minutes, 21 seconds
MWP September 19: ASX falls as the NSW govt outlines its plans 💸
The New South Wales govt will look to pump more money into the public sector, but the money will be found in extra coal royalties & increased taxes on big businesses.See omnystudio.com/listener for privacy information.
9/19/2023 • 4 minutes, 36 seconds
Money News with Scott Haywood - 18th September
Michele Bullock takes over as the head of the Reserve Bank; banking competition needed to remain strong around the world; private equity firm wipes $100m of value from Costa Group; US Fed to decide on rates; Australians investing less than a year ago; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/18/2023 • 39 minutes, 4 seconds
Donahue D'Souza, Head of Investments, HSBC Australia
Australians are taking a conservative approach to investing over the last year, following rises in interest rates.See omnystudio.com/listener for privacy information.
9/18/2023 • 8 minutes, 37 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
Fears of a US Fed rate hike has sent tech stocks lower, but will Jerome Powell & co actually move, or are they done?
MARKET WRAP:
ASX200: down 0.67%, 7,230
AUD: 64.34 US cents
GOLD: $1,946 US/oz
BITCOIN: $41,489 AUD
The ASX tech sector fell 2.7 per cent
Silver Lake Resources fell 8.3 per cent
Red 5 shares shot up 20.5 per cent
Yellow Brick Road declined 10.3 per cent.
Shareholders in the soon-to-be-delisted mortgage-broking business will get the chance to top up shares through a final purchase plan, announced earlier today.
Gold miner Newcrest rose just under 1 per cent to $26.33 following an increase in the spot gold price overnight.
Iron ore heavyweights Rio Tinto up 0.4 per cent to $119.47
South32 up 0.6 per cent to $3.38
See omnystudio.com/listener for privacy information.
9/18/2023 • 7 minutes, 36 seconds
Kim Fournais, Saxo Bank Founder & CEO
It’s been the year of bank drama, so how does competition within the sector stack up when you compare Australia to the rest of the world?See omnystudio.com/listener for privacy information.
9/18/2023 • 11 minutes, 18 seconds
MWP September 18: Tech stock trouble causes ASX slide 🖥️
A drop in the Nasdaq on Friday saw Australian tech stocks tumble today, but it's still been a bumper last 12 months for the sector.See omnystudio.com/listener for privacy information.
9/18/2023 • 3 minutes, 59 seconds
Money News with Scott Haywood - 14th September
Unemployment stays steady at 3.7%; petrol prices remain high on OPEC cuts and the weaker Aussie dollar; headline inflation in the US heads upwards; Australia’s freight industry gives insight into SME pain; EV lending becomes popular as strong uptake continues; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/14/2023 • 39 minutes
The Market Wrap with Scott Phillips, CIO at The Motley Fool
The latest US CPI numbers saw headline inflation rising, putting the chance of more rate rises on the table. But did that do anything to alter the local market?
MARKET WRAP:
ASX200: up 0.46%, 7,186
AUD: 64.32 US cents
GOLD: $1,927 US/oz
BITCOIN: $40,877 AUD
Miners were among the strongest
Lynas Rare Earths up just under 2% to $7.37
Fortescue up more than 4% to $20.41
Rio Tinto up 2 per cent to $115.45
NAB announced its winding down its Hong Kong business which it says will take 18 months.
NAB shares closed up more than 1% to $29.31.
Retailer Myer announced it had posted its best annual sales since 2005
Myer gained 1.6% to $0.64.
See omnystudio.com/listener for privacy information.
9/14/2023 • 11 minutes, 42 seconds
Clayton Howes, CEO of MoneyMe
The EV revolution rolls on, with one company harnessing AI tech to provide lending for the vehicle market..See omnystudio.com/listener for privacy information.
9/14/2023 • 5 minutes, 33 seconds
Cate Hull, Founder & CEO of Freight Exchange
The health of Australia’s freight industry gives a good insight into how SMEs are tracking, but do they need more government assistance?See omnystudio.com/listener for privacy information.
9/14/2023 • 5 minutes, 34 seconds
David Bassanese, Chief Economist at BetaShares
Unemployment has remained steady at 3.7%, suggesting that businesses are absorbing the interest rate rises without breaking.See omnystudio.com/listener for privacy information.
9/14/2023 • 9 minutes, 2 seconds
MWP September 14: ASX climbs as jobs stay steady 💼
The Australian unemployment rate remained steady at 3.7%, suggesting interest rate rises are cooling the economy without putting it in a freeze.See omnystudio.com/listener for privacy information.
9/14/2023 • 4 minutes, 7 seconds
Money News with Scott Haywood - 13th September
Qantas hits more turbulence with the High Court knocking back an appeal; stamp duty & oil prices fire up listeners; banks play around with rates; more women looking to get into property investment; Australians reveal their most & least trusted professions; and Rick Squire takes a look at the commodity markets with us in the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/13/2023 • 39 minutes, 3 seconds
Roxanne Calder, Managing Director of recruitment agency EST10
Australia’s most & least trusted jobs have been revealed, but do ethics ever play a role in career choice?See omnystudio.com/listener for privacy information.
9/13/2023 • 5 minutes, 1 second
The Market Wrap with Rick Squire, Portfolio Manager for Acorn Capital Investment Fund
As we transition to a renewable energy future, Australians lithium and rare earth element supplies will play a vital role.
MARKET WRAP:
ASX200: up 0.74%, 7,153
AUD: 64.14 US cents
GOLD: $1,934 US/oz
BITCOIN: $40,456 AUD
Xero lost just under 2% to fall below $120 a share
NEXTDC slipped more than 2% to $12.72
Lithium miner IGO fell 7% to $13.17
Brambles down just under 3 per cent to $14.77
Medibank Private down more than 3 per cent to $3.48.
Qantas shares closing near their 11 month low of $5.57
Energy companies were helped by a 1.8 per cent increase in Brent crude oil prices overnight.
Heavyweights Woodside and Santos advanced
Yancoal up 1.6% to $4.90
Whitehaven up 1/2 per cent to $6.16
See omnystudio.com/listener for privacy information.
9/13/2023 • 9 minutes, 59 seconds
Karen Lacheta-Pell, Partnerships Director at Propell Property
While Queensland investors abandon the property market due to state regulations, a new breed of financial experts could take over.See omnystudio.com/listener for privacy information.
9/13/2023 • 6 minutes, 26 seconds
James Thomson, AFR Chanticleer Columnist
Qantas continues to run into turbulence, with the High Court rejecting its appeal over the sacking of 1700 workers during the pandemic era. So where to shift the blame now?See omnystudio.com/listener for privacy information.
9/13/2023 • 8 minutes, 14 seconds
MWP September 13: Flying Kangaroo court loss as ASX dives ⚖️
Qantas loses its appeal in the High Court against sacked workers, while the ASX follows Wall Street to lose ground again.See omnystudio.com/listener for privacy information.
9/13/2023 • 4 minutes, 18 seconds
Money News with Scott Haywood - 12th September
Consumer confidence continues to drop, despite recent interest rate pauses; proposals for property added to the mix; burrito kings look towards the ASX; lithium once again the flavour of the week; property investors leave the market as state regulations start to kick in; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/12/2023 • 39 minutes, 2 seconds
Bill Evans, Westpac Chief Economist
Consumer confidence continues to plummet, despite a halt in interest rate rises, with inflation fears continuing to worry.See omnystudio.com/listener for privacy information.
9/12/2023 • 8 minutes, 40 seconds
Nicola McDougall, Property Investment Professionals of Australia Chair
Property investors are leaving the market, spelling bad news for tenants, as state regulations start to take hold.See omnystudio.com/listener for privacy information.
9/12/2023 • 9 minutes, 27 seconds
The Market Wrap with Evan Lucas, InvestSMART
Lithium continues to be the speculative stock of choice, with Gina Rinehart’s Hancock Prospecting getting in on the action.
MARKET WRAP:
ASX200: up 0.20%, 7,206
AUD: 64.34 US cents
GOLD: $1,942 US/oz
BITCOIN: $40,097 AUD
Viva Energy down 7.3 per cent as Swiss-based Vitol considers selling its stake
Shares in Air New Zealand reversed losses to end 0.7 per cent higher to 70 cents.
Oil and gas company Santos fell 1 per cent, as did Woodside
Beach Energy lost 3 per cent to $1.59
Shares in mining heavyweights extended early gains after iron ore futures climbed a six-month high.
Rio Tinto rose 1.8% to $114.44
BHP up 1.3% to $44.25
Fortescue up just under 2% to close just below $20.00
Gina Rinehart has plunged half a billion dollars into lithium miner Liontown Resources, with Hancock Prospecting now having a critical 7.72 per cent stake in the lithium prospector.
See omnystudio.com/listener for privacy information.
9/12/2023 • 9 minutes, 31 seconds
MWP September 12: Market lifts, but consumers not confident 😕
The ASX 200 continued its fight back, despite consumer confidence being at its worst point in 30 years.See omnystudio.com/listener for privacy information.
9/12/2023 • 4 minutes, 10 seconds
Money News with Scott Haywood - 11th September
The government shakes hands with the Greens on the Housing Australia Future Fund; incoming Productivity Commission boss looks at the super accounts of retirees; AI technology not quite up to scratch at stock-picking yet; remembering the market implications of September 11 attacks; and Elio D’Amato joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/11/2023 • 39 minutes, 2 seconds
Ian Henschke, Chief Advocate for National Seniors Australia
Proposed changes to taxation for retirees are amongst the changes the new Productivity Commission head has floated.See omnystudio.com/listener for privacy information.
9/11/2023 • 7 minutes, 32 seconds
The Market Wrap with Elio D'amato, Stockopedia
It’s looking like calmer seas on interest rates in the year ahead, but which stocks will benefit from the change in tide?
MARKET WRAP:
ASX200: up 0.50%, 7,192
AUD: 64.33 US cents
GOLD: $1,949 US/oz
BITCOIN: $40,076 AUD
Gains in the price of iron ore helped materials stocks higher.
BHP rose 1.1 per cent to $43.66
Rio Tinto gained 1.1 per cent to $112.40
Fortescue Metals jumped 1.2 per cent to $19.63
Commonwealth Bank rose 1.2 per cent to $102.04
ANZ 1.4 per cent to $25.28
NAB 1.4 per cent to $29.05
Westpac gained 1.8 per cent to $21.55
WiseTech down 1.2 per cent
Xero down 2.4 per cent
Syrah Resources has jumped 7 per cent to 61¢
See omnystudio.com/listener for privacy information.
9/11/2023 • 9 minutes, 35 seconds
Denita Wawn – CEO, Master Builders Australia
The government has secured a deal with the Greens to pass its HAFF legislation, but who will build the houses?See omnystudio.com/listener for privacy information.
9/11/2023 • 8 minutes, 15 seconds
Graham Cooke, Head of Consumer Research at Finder
The AI revolution is coming, but how does the advanced technology stack up when it comes to picking stocks?See omnystudio.com/listener for privacy information.
9/11/2023 • 6 minutes, 13 seconds
MWP September 11: Funding now is a must-HAFF 🏠
The ASX 200 climbs into positive territory again, as the government brokers a deal with the Greens that will see extra housing construction in the works.See omnystudio.com/listener for privacy information.
9/11/2023 • 4 minutes, 3 seconds
Money News with Scott Haywood - 7th September
Despite interest rates being on hold for another month, we heard today that the rise of mortgagee in possession and receiver sales continue to soar in commercial real estate…Peter Vines from Ray White Commercial Western Sydney explains why the landscape is very different to residential.
There’s a long-held belief that only young people stream. Everyone owns a computer and a phone these days regardless of age and Ben Willee from Spinach Advertising explains how advertisers reach their audience as people moves away from traditional media
They say technology has made the wealth-building power of the stock market more accessible than ever and you can now get started with just a few cents…Alec Renehen, author of Don’t Stress Just Invest explains how beginners can jump in.See omnystudio.com/listener for privacy information.
9/7/2023 • 37 minutes, 54 seconds
The Market Wrap with Tony Sycamore - Market Analyst, IG Australia
ASX200: Down 86.10 or 1.2% to 7171.00
AUD: 0.64 US CENTS
GOLD: $1946.81
BITCOIN: $40,366.18
See omnystudio.com/listener for privacy information.
9/7/2023 • 8 minutes, 38 seconds
Ben Willee - General Manager and Media Director for Spinach AdvertisingSpinach Advertising
Scott and Ben discuss advertising spending in the last quarter.See omnystudio.com/listener for privacy information.
9/7/2023 • 6 minutes, 42 seconds
Peter Vines - Ray White Commercial Western Sydney Managing Director
The rise of mortgagee in possession and receiver sales continues to soar in commercial real estateSee omnystudio.com/listener for privacy information.
9/7/2023 • 8 minutes
Money News with Scott Haywood - 6th September
Warren Hogan from EQ Economics & Chief Economic Advisor to Judo Bank breaks down today’s GDP results and tells Scott that the economy is slowing down and Aussies are living paycheck to paycheck.
It’s Free Wills Week and Adam Lubovsky from Safewill tells us that 10 million Aussies don’t have a will!
An Australian company called Sprintex has moved into the global hydrogen aviation market which includes commercial aircraft, air taxis and drone deliveries.
See omnystudio.com/listener for privacy information.
9/6/2023 • 38 minutes, 59 seconds
Adam Lubovsky - Safewill
10 Million Aussies don’t have a will.See omnystudio.com/listener for privacy information.
9/6/2023 • 7 minutes, 31 seconds
Jay Upton - CEO, Sprintex
How Zero-Emission Commercial Flights Could Become Reality By 2025.See omnystudio.com/listener for privacy information.
9/6/2023 • 5 minutes, 40 seconds
Kate Hanrahan - Private Client Advisor, Sequoia Wealth Management
MARKET WRAP:
ASX200: down 57 points to 7257
AUD: 63.84
GOLD: 3023.39
BITCOIN: 40,254
See omnystudio.com/listener for privacy information.
9/6/2023 • 7 minutes, 55 seconds
Warren Hogan - EQ Economics & Chief Economic Advisor to Judo Bank
Scott and Warren discuss GDP results. See omnystudio.com/listener for privacy information.
9/6/2023 • 10 minutes, 10 seconds
Money News with Scott Haywood - 5th September
Plenty of feedback to the news that Qantas CEO Alan Joyce was stepping down two months early. The other big story today was Phillip Lowe leaving the RBA after his final rate decision which saw rates stay on hold. Economist Shane Oliver from AMP Capital gives Scott his thoughts on both departures.
Scott also found out about a tech start up called Weebit Nano which launches on the ASX this month and new research finds around half of Aussies have no confidence in the RBA
Presenter: Scott Haywood
Executive Producer: Kayley Harris
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/5/2023 • 38 minutes, 5 seconds
Steve Mickenbecker - Finance Expert, Canstar
Nearly half of Aussies are not confident in the RBA.See omnystudio.com/listener for privacy information.
9/5/2023 • 6 minutes, 58 seconds
The Market Wrap with Dianne Colledge, Private Client Advisor at Morgans
ASX200: The S&P/ASX200 closed down just 4.50 points Tuesday to 7,314.30.
AUD: 0.64 US Cents
GOLD: $3004.68
BITCOIN: $40,343
See omnystudio.com/listener for privacy information.
9/5/2023 • 7 minutes, 30 seconds
Coby Hanoch, Weebit Nano CEO
Innovative technology business, Weebit, is set to revolutionise low power and extended memory storage. See omnystudio.com/listener for privacy information.
9/5/2023 • 9 minutes, 17 seconds
Shane Oliver, Chief Economist AMP Capital
Scott and Shane discuss the RBA's decision to keep interest rates on hold.See omnystudio.com/listener for privacy information.
9/5/2023 • 7 minutes, 57 seconds
Money News with Scott Haywood - 4th September
The much awaited IR reforms announced today in Parliament haven’t received universal support with Jessica Tinsley from the Australian Chamber of Commerce and Industry told Scott Haywood the reforms are a win for the unions. CoreLogic’s national Home Value Index marked a sixth consecutive monthly rise, with only 1 capital city recording a slow down and an exploration business is in the early-stages of developing renewable energy opportunities.
Presenter: Scott Haywood
Executive Producer: Kayley Harris
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
9/4/2023 • 38 minutes, 36 seconds
Wolf Martinek - Chairman of Botala Energy
Botala has announced a commercial pilot production programme of its coal bed methane (CBM) Project in Botswana.See omnystudio.com/listener for privacy information.
9/4/2023 • 5 minutes, 46 seconds
Tim Lawless - Research Director, CoreLogic
Join Scott and Tim as they discuss CoreLogic's Home Value Index for August and outlook for Spring.See omnystudio.com/listener for privacy information.
9/4/2023 • 9 minutes, 33 seconds
The Market Wrap with Tim Riordan- Portfolio Manager and Partner - Blackwattle
MARKET WRAP:
ASX200: up 0.63%, 7,159
AUD: 64.07 US cents
GOLD: $1,941 US/oz
BITCOIN: $40,505 AUD
Consumer discretionary stocks extend gains
Wesfarmers rallied 2.2 per cent
Tabcorp added 5 per cent
Aristocrat Leisure rose 1.4 per cent
Fortescue Metals lost 5.1 per cent after reporting full-year results and a new CEO.
Sharp losses by data centre player NextDC dragged the technology sector lower.
NextDC declined 2.6 per cent.
Appen plunged 32.1 per cent following a 24 per cent drop to revenue.
See omnystudio.com/listener for privacy information.
9/4/2023 • 6 minutes, 12 seconds
Money News with Scott Haywood - 31st August
The government looks to introduce new gig economy laws; ACCC to sue Qantas over flight cancellations; reporting season finishes with better than expected results across the period; Australians look to downsizing to help with the property crisis; Australia Post loses $200 million across the year; APRA to contact customers of failing super options; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/31/2023 • 38 minutes, 59 seconds
Mark MacDuffie, CEO of Downsizer
While Australia’s housing crisis rolls on, older Australians are being encouraged to downsize to free up equity and take the hassle of a larger property off their hands.See omnystudio.com/listener for privacy information.
8/31/2023 • 7 minutes, 22 seconds
The Market Wrap with Scott Phillips, CIO at The Motley Fool
Reporting season has come to an end, so we look back on the big winners & losers across the period.
MARKET WRAP:
ASX200: up 0.10%, 7,305
AUD: 64.77 US cents
GOLD: $1,971 US/oz
BITCOIN: $42,060 AUD
Despite the gains over the last week, the benchmark still ended August 1.4 percent lower.
Harvey Norman reported a profit before tax of $776 million – down nearly 32 percent on last year’s numbers.
Shares up 5% today.
Major banks are all traded higher
Woodside and Woollies went ex dividend today explaining their share price falls.
Diversified miner IGO was the biggest large-cap advancer after the company posted positive results in its latest full-year report
Telstra, TPG Telecom and Carsales all rose more than 1 per cent
Chalice Mining down 5.3 per cent. To $3.57
See omnystudio.com/listener for privacy information.
8/31/2023 • 8 minutes, 38 seconds
Matthew Addison, Chairman of the Council of Small Business of Australia
Small businesses will be put under increased cost pressures should the government’s proposed industrial relations changes pass through parliament.See omnystudio.com/listener for privacy information.
8/31/2023 • 10 minutes, 31 seconds
MWP August 31: The end of earnings season, and what have we learned? 💰
Harvey Norman typified the retail experience across earnings for FY23, with profit and revenue diving, while the ASX200 remained steady.See omnystudio.com/listener for privacy information.
8/31/2023 • 4 minutes, 7 seconds
Money News with Scott Haywood - 30th August
Inflation drops again over the month down to 4.9%; the RBA tipped to stay steady on rates; Sydney house prices above where they were a year ago; US jobs numbers put pressure on The Fed; Flight Centre pushes for government to open up capacity; ASIC writes to the banks on mortgage stress; and Carl Capolingua joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/30/2023 • 38 minutes, 55 seconds
Graham Turner, Flight Centre CEO
Flight Centre has turned itself around following a couple of bleak years, but the company will push for extra capacity as the government blocks a deal for Qatar Airways to land in Australia.See omnystudio.com/listener for privacy information.
8/30/2023 • 10 minutes, 26 seconds
The Market Wrap with Carl Capolingua, Market Analyst for Think Markets
Good inflation data sent the markets soaring higher, while US jobs numbers could see the Fed also pause on rates when it next meets.
MARKET WRAP:
ASX200: up 1.21%, 7,297
AUD: 64.56 US cents
GOLD: $1,963 US/oz
BITCOIN: $42,540 AUD
Brambles closed up more than 7% to $15.22
The miners were also stronger
Fortescue up 4 per cent to $21.35
Lynas Rare Earths up just under 2%
Mineral Resources up 16% to $70.61
Chalice Mining saw a 25 per cent crash in the company’s share price
Shares closed at $3.76 well off its 52 week high of $8.20
A couple of big names went ex-dividend today
Eligible shareholders of Telstra will get 8.5 cents per share
Wesfarmers will pay $1.03 in coming weeks
See omnystudio.com/listener for privacy information.
8/30/2023 • 10 minutes, 13 seconds
Diana Mousina, AMP Chief Deputy Economist
The monthly inflation rate dropped more than expectations in July to 4.9%, suggesting that the Reserve Bank might pause when it meets on rates next month.See omnystudio.com/listener for privacy information.
8/30/2023 • 9 minutes, 54 seconds
MWP August 30: An inflation drop, so the RBA to stop? ⬇️🛑
A better than expected monthly inflation result has sent the market rocketing, with investors now expecting the RBA to put off any chance of a rate hike in September.See omnystudio.com/listener for privacy information.
8/30/2023 • 4 minutes, 51 seconds
Money News with Scott Haywood - 29th August
Incoming RBA Governor lays out her plan on climate; disaster recovery growing as natural disasters occur; federal politicians get a pay rise; Queensland salaries growing the fastest; BNPL payments starting to turn earnings around; private Great Barrier Reef island on sale; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/29/2023 • 39 minutes
Peter Gray, Zip Co-founder and Australia & NZ CEO
The Buy Now, Pay Later space isn’t quite at the forefront of the payments system just yet, but companies including Zip are looking ready to start growing their earnings.See omnystudio.com/listener for privacy information.
8/29/2023 • 10 minutes, 16 seconds
The Market Wrap with Evan Lucas, InvestSMART
Bubs Australia has seen trouble at board level, and a slowdown from China, but will the appointment of a new CEO steer them in a better direction?See omnystudio.com/listener for privacy information.
8/29/2023 • 7 minutes, 58 seconds
Nick Carnell, Johns Lyng Group Australia CEO
Natural disasters are a part of Australian life, but someone has to do the rebuilding afterwards. Enter Johns Lyng Group, which has increased its profits to almost $63 million dollars over the last financial year.See omnystudio.com/listener for privacy information.
8/29/2023 • 10 minutes, 20 seconds
MWP August 29: A check up for how we use the checkouts 💳
The way we pay was in focus today, with rising interest rates affecting the performance of several high profile payment companies. The ASX meanwhile continued its rally, finishing in the green again.See omnystudio.com/listener for privacy information.
8/29/2023 • 4 minutes, 32 seconds
Money News with Scott Haywood - 28th August
The CEO of Fortescue steps down from the top job as the company’s earnings drop; Qantas in the firing line as Alan Joyce & the government defend the company; the Matildas give takeaway retailing a shot in the arm; shoppers turn to Kmart as Wesfarmers profits soar; China’s markets react to the first waves of stimulus; and Elio D’Amato joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/28/2023 • 39 minutes
Rob Scott, CEO of Wesfarmers
We might not be spending as much on retail, but when we do we’re spending it at cheaper outlets like Kmart, and that’s helped Wesfarmers to a monster profit over the last financial year.See omnystudio.com/listener for privacy information.
8/28/2023 • 11 minutes, 10 seconds
The Market Wrap with Elio D'Amato, Stockopedia
Four weeks into the earnings season and there have been some surprise results. We take a look at Fortescue & Qantas tonight.
MARKET WRAP:
ASX200: up 0.63%, 7,159
AUD: 64.07 US cents
GOLD: $1,941 US/oz
BITCOIN: $40,505 AUD
Consumer discretionary stocks extend gains
Wesfarmers rallied 2.2 per cent
Tabcorp added 5 per cent
Aristocrat Leisure rose 1.4 per cent
Fortescue Metals lost 5.1 per cent after reporting full-year results and a new CEO.
Sharp losses by data centre player NextDC dragged the technology sector lower.
NextDC declined 2.6 per cent.
Appen plunged 32.1 per cent following a 24 per cent drop to revenue.
See omnystudio.com/listener for privacy information.
8/28/2023 • 9 minutes, 5 seconds
Gavin Wendt, Founding Director and Senior Resource Analyst, MineLife
The CEO of Fortescue has stepped down after just six months in the top job, while the company’s earnings dropped to $US4.8 billion across FY23See omnystudio.com/listener for privacy information.
8/28/2023 • 11 minutes, 20 seconds
MWP August 28: Fortescue digs around for next CEO ⛏️
Fortescue suffered a drop in profit to $US4.8 billion over the last financial year, but making waves was the news its CEO of just six months Fiona Hick had resigned from the top job.See omnystudio.com/listener for privacy information.
8/28/2023 • 5 minutes, 9 seconds
**BONUS** Wesfarmers CEO Rob Scott joins Money News
In this bonus edition of the Market Wrap podcast, host Scott Haywood sits down with CEO of Wesfarmers Rob Scott as the company announces a net profit of $2.5 billion.See omnystudio.com/listener for privacy information.
8/25/2023 • 3 minutes, 4 seconds
John O'Sullivan, CEO of Experience Co
The tourism industry is recovering, with Australians looking to get out of the house and into adventure experiences.See omnystudio.com/listener for privacy information.
8/24/2023 • 7 minutes, 7 seconds
Ben Willee, General Manager and Media Director for Spinach Advertising
Actors are on strike in the United States over sharing the revenue for online streaming, but will that force media companies towards more ad revenue?See omnystudio.com/listener for privacy information.
8/24/2023 • 7 minutes, 34 seconds
Money News with Scott Haywood - 24th August
Nine Entertainment makes a $195 million profit over the last financial year; Treasurer Jim Chalmers hands down the IGR; Qantas breaks the pandemic blues to post huge profit; the tourism industry returns as Australians go adventuring; strike action in the US could lead to different revenue streams; and Tony Sycamore joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/24/2023 • 38 minutes, 57 seconds
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
Qantas has shaken off its pandemic blues to post a $2.5 billion underlying profit over the last financial year.
MARKET WRAP:
ASX200: up 0.47%, 7,182
AUD: 64.64 US cents
GOLD: $1,949 US/oz
BITCOIN: $40,931 AUD
NEXTDC gained 4.4 per cent and Xero lifted 3.1 per cent on the back of strength in the Nasdaq.
Gold and lithium miners were also stronger with Northern Star advancing 4.8 per cent
Newcrest added 1.9 per cent.
Lithium miners Pilbara Minerals up 2.2 per cent
Liontown up 1.8 per cent
All four big banks traded in the green.
APA Group shed 3.7 per cent
Meridian Energy lost 1.4 per cent
AGL declined 1.8 per cent.
See omnystudio.com/listener for privacy information.
8/24/2023 • 9 minutes, 19 seconds
Mike Sneesby, CEO of Nine Entertainment
A weakening period for ad revenue saw Nine Entertainment post a net profit of $195 million over the last financial year.See omnystudio.com/listener for privacy information.
8/24/2023 • 8 minutes, 34 seconds
MWP August 24: Profits for Qantas go sky high 🛬
Qantas has shaken off the blues of the Covid period, posting a profit of $2.5 billion over the last financial year.See omnystudio.com/listener for privacy information.
8/24/2023 • 4 minutes, 7 seconds
Money News with Scott Haywood - 23rd August
Woolworths announces a profit of $1.6 billion following a period of higher cost of living; the Productivity Commission asks for more; the government to review competition; WiseTech Global pushes logistics into the next echelon; Nvidia shares hit an all-time high; Commonwealth to back pay staff over tea breaks; and Kate Hanrahan joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/23/2023 • 39 minutes
Richard White, WiseTech Global CEO & Founder
WiseTech Global has taken over the logistics space, posting a $212 million profit for the last financial year.See omnystudio.com/listener for privacy information.
8/23/2023 • 13 minutes, 14 seconds
The Market Wrap Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
APA shares went into a trading halt, with the company announcing a significant acquisition.
Market Wrap
ASX200: up 0.38%, 7,148
AUD: 64.29 US cents
GOLD: $1,932 US/oz
BITCOIN: $40,486 AUD
IDP Education reported a 24 per cent jump in revenue to $982 million. Shares up 9% to $25.50
Shares in online cosmetics retailer Adore Beauty jumped by 5 per cent to $1.05
Domino’s Pizza shares climbed 11% to $53.70
Global engineering group Worley up just under 1 per cent to $17.49
Shares in energy company Santos plummeted to the lowest in one month, down 1 per cent.
Pepper Money plunged 14 per cent.
Westpac up 1.2 percent
CBA 0.8 up percent
ANZ rose 0.6 percent
NAB added 0.4 percent
See omnystudio.com/listener for privacy information.
8/23/2023 • 10 minutes, 11 seconds
Brad Banducci, Woolworths CEO
Woolworths has posted an annual profit of $1.6 billion, but has rejected suggestions it has been profiteering in a time of cost of living challenges.See omnystudio.com/listener for privacy information.
8/23/2023 • 8 minutes, 12 seconds
MWP August 23: Frugal shopping, but a health profit
Woolworths has reported a $1.6 billion profit in the wake of rising inflation on essential items, while the ASX lifted across the day.See omnystudio.com/listener for privacy information.
8/23/2023 • 5 minutes, 1 second
Money News with Scott Haywood - 22nd August
Aussie dollar downgraded by NAB; BHP’s profit slumps on falling commodity prices; Kogan looks to rebrand; a bumper day for the tech sector on the ASX; Woodside shakes off challenges to post a half-year profit; wage theft hits $850 million; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/22/2023 • 39 minutes, 1 second
Meg O'Neill, Woodside Energy CEO
Facing challenges with strike action and an increase to the PRRT, Woodside posted a 6% increase in its half-year profit to $US1.74 billion.See omnystudio.com/listener for privacy information.
8/22/2023 • 10 minutes, 52 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at MARCUS TODAY
The tech sector shot up by more than 5% today as Megaport delivered its earnings.
MARKET WRAP:
ASX200: up 0.09%, 7,121
AUD: 64.41 US cents
GOLD: $1,928 US/oz
BITCOIN: $40,466 AUD
Megaport gaining 17 per cent after reporting
Coles plunged 7.1 per cent after revealing its earnings missed expectations by about 9 per cent
Woolworths falling 3 per cent
BHP shed 0.7 per cent
Woodside fell 1 per cent after slashing their dividends more than expected.
Telstra shares had their best day in more than 16 months, closing 3.3 per cent higher at $4.10.
See omnystudio.com/listener for privacy information.
8/22/2023 • 11 minutes, 12 seconds
David Lamont, BHP Chief Financial Officer
BHP’s profit has sunk after lower iron ore, coking coal and copper prices over the last year. How will China’s economic woes impact the company moving forward?See omnystudio.com/listener for privacy information.
8/22/2023 • 9 minutes, 48 seconds
MWP August 22: Big day for the Big Australian
BHP's full-year profit fell following weaker commodity prices, while the Tech sector was enjoying a very positive day on the ASX.See omnystudio.com/listener for privacy information.
8/22/2023 • 4 minutes, 19 seconds
Money News with Scott Haywood - 21st August
The government looks to the future in the intergenerational report; Ampol looks to diversify away from its core refinery production; AGL agrees to a deal with the Victorian government on coal power; higher health insurance premiums on the way; and Adam Dawes joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/21/2023 • 39 minutes, 2 seconds
Mark Fitzgibbon, CEO & Managing Director of NIB Group
Higher costs are expected to keep insurance premiums climbing, with NIB reporting its net profit had increased by 43%.See omnystudio.com/listener for privacy information.
8/21/2023 • 9 minutes, 56 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
Investors took to the news that Premier Investments would be looking at the structure of its business, with the share price soaring.See omnystudio.com/listener for privacy information.
8/21/2023 • 7 minutes, 48 seconds
Matthew Halliday, Managing Director & CEO of Ampol
Ampol will look towards its retail arm for growth as its refinery margins diminish.See omnystudio.com/listener for privacy information.
8/21/2023 • 10 minutes, 16 seconds
MWP August 21: Older, and much more expensive
The government is planning for an ageing Australian population in its latest inter-generational report, and that could cost the country as much as $140 billion. See omnystudio.com/listener for privacy information.
8/21/2023 • 4 minutes, 36 seconds
Money News with Scott Haywood - 17th August
Telstra posts a $2 billion profit as AI integration takes off; the Australian share market slides for another day; the Aussie dollar predicted to get below 60 US cents; the unemployment rate rises to 3.7% in July; distressed listings on the cards in next financial year for Domain; and Scott Phillips joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/17/2023 • 39 minutes
Jason Pellegrino, Domain CEO & Managing Director
With fixed-rate mortgages starting to change over to variable rates, that could prompt a raft of listings on websites like Domain over the next year.See omnystudio.com/listener for privacy information.
8/17/2023 • 8 minutes, 51 seconds
David Bassanese, Chief Economist at BetaShares
The official unemployment rate dropped to 3.7% in the month of July, signalling that interest rate rises might be doing their job.See omnystudio.com/listener for privacy information.
8/17/2023 • 6 minutes, 54 seconds
The Market Wrap with Scott Phillips, CIO at The Motley Fool
Origin is leading the way towards the green energy transition, but has that translated to a strong financial performance over the last year?
MARKET WRAP:
ASX200: down 0.68%, 7,146
AUD: 64.00 US cents
GOLD: $1,925 US/oz
BITCOIN: $44,576 AUD
The ASX 200 dropped 0.7 per cent to a five-week low
Eight of 11 sectors lost ground
Telstra fell 2.8 per cent
Domain dropped 7.8 percent
Sonic fell 5.7 per cent
Seven Group rose 2.6 per cent
Inghams soared 15 per cent
See omnystudio.com/listener for privacy information.
8/17/2023 • 8 minutes, 6 seconds
Michael Ackland, Chief Financial Officer for Telstra
Telstra has posted another profit of more than $2 billion dollars, as AI integration starts to influence their business.See omnystudio.com/listener for privacy information.
8/17/2023 • 10 minutes, 24 seconds
MWP August 17: Softer jobs gives greater reason to pause
As company results continue to pour in, a softer employment number has sent the signal that rate hikes are working. Will that make the RBA pause, and what does it mean for our currency?See omnystudio.com/listener for privacy information.
8/17/2023 • 4 minutes, 49 seconds
Amir Ghandar, Chartered Accountants Australia & NZ Reporting & Assurance Leader
Despite global fears, Mum & Dad investors are looking to get back into the share market.See omnystudio.com/listener for privacy information.
8/17/2023 • 5 minutes, 17 seconds
Money News with Scott Haywood - 16th August
Fletcher Building’s profits fall after a bad year for the construction sector; worries out of China; gas futures higher on Woodside worker standoff; opportunities in retirement living as the Australian population ages; Mum & Dad investors look to get back into the market; Tesla reduces prices on some models; and Carl Capolingua joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/16/2023 • 38 minutes, 59 seconds
Darren Rowland, CFO of Lifestyle Communities
As Australia’s population grows older & retires, that presents an opportunity for companies looking to invest in aged living.See omnystudio.com/listener for privacy information.
8/16/2023 • 8 minutes, 40 seconds
The Market Wrap with Carl Capolingua, Market Analyst for Think Markets
Worries about global economic conditions sent the market downwards today, with all eyes on what’s to come out of China.
MARKET WRAP:
ASX200: down 1.50%, 7,195
AUD: 64.74 US cents
GOLD: $1,934 US/oz
BITCOIN: $45,058 AUD
The interest rate sensitive Australian tech sector was the worst performing, down 3 per cent.
WiseTech Global was off 3.9 per cent
Xero fell 2.6 per cent
NEXTDC dropped 2.1 per cent
Benchmark heavyweight Commonwealth Bank dropped 3.7 per cent
Fletcher Building was the worst performing on the benchmark index, down 8.9 per cent.
Landlord and fund manager Dexus dropped 3.5 per cent after swinging to a full-year statutory net loss of $752.7 million
See omnystudio.com/listener for privacy information.
8/16/2023 • 9 minutes, 26 seconds
Ross Taylor, CEO of Fletcher Building
A fall in profit for Fletcher Building over the last financial year, but as interest rates hit their peak there is growing hope on what the next year might hold.See omnystudio.com/listener for privacy information.
8/16/2023 • 9 minutes, 47 seconds
MWP August 16: Strike action threatens gas prices
Industrial action in the WA gas fields have world prices shooting higher once again, and a bad day on the ASX with every sector in the read.See omnystudio.com/listener for privacy information.
8/16/2023 • 4 minutes, 32 seconds
Money News with Scott Haywood - 15th August
Healthcare companies take centre stage as Cochlear lifts its profit; wages remain steady putting back the chance of more rate rises; fewer people investing in cryptocurrency; warnings for SMEs over credit card use; China’s economic woes continue; and Evan Lucas joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/15/2023 • 38 minutes, 58 seconds
Stephen Koukoulas, Managing Director of Market Economics
Wages remained steady for the June quarter, setting aside fears of a wage-price spiral, lowering the possibility of another cash rate hike.See omnystudio.com/listener for privacy information.
8/15/2023 • 9 minutes, 25 seconds
The Market Wrap with Evan Lucas, InvestSMART
Share buybacks are in vogue, with NAB joining the Commonwealth Bank in setting out their plans.See omnystudio.com/listener for privacy information.
8/15/2023 • 11 minutes, 32 seconds
Dig Howitt, CEO & President of Cochlear
Medical device company Cochlear has avoided much of the impact of rising interest rates to post a $300 million profit over the last financial year.See omnystudio.com/listener for privacy information.
8/15/2023 • 9 minutes, 32 seconds
MWP August 15: Wages to force RBA's hand
Wages slipped in the June quarter, meaning an RBA pause could be on the cards. Plus healthcare companies open their books for a check up in the middle of reporting season.See omnystudio.com/listener for privacy information.
8/15/2023 • 4 minutes, 32 seconds
Money News with Scott Haywood - 14th August
Australians trading in, and trading up as Carsales profits speed up; ATO scratching their heads after TikTok fraud scam; small businesses knock back public holiday proposal; another day, another bank profit with Bendigo & Adelaide Bank reporting record earnings; insurance premiums hurting consumers; and Tom Mickenden joins us for the second week of Reporting Season in the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/14/2023 • 38 minutes, 59 seconds
The Market Wrap with Tom Wickenden, Investment Strategist for Betashares
Weak data out of China continues to hurt Australian mining companies; and the reporting season continues.
MARKET WRAP:
ASX200: down 0.86%, 7,277
AUD: 64.92 US cents
GOLD: $1,947 US/oz
BITCOIN: $45,335 AUD
JB Hi-Fi shares up 2.75% to $48.51
Lithium miner Pilbara Minerals was the biggest large-cap decliner, losing 3.3 per cent
Allkem which lost 1.9 per cent
BHP dropped 2.1 per cent to $44.75
Rio Tinto tumbled 2.3 per cent to $106.52
Fortescue Metals fell 1.8 per cent to $20.62
The S&P 500 is up 16.3 per cent, the Nasdaq is up 30.4 per cent and the Dow is up 6.4 percent over the year
See omnystudio.com/listener for privacy information.
8/14/2023 • 6 minutes, 22 seconds
Marnie Baker, CEO & Managing Director, Bendigo & Adelaide Bank
Bendigo & Adelaide Bank has posted a record profit of $577 million on the back of rising interest rates.See omnystudio.com/listener for privacy information.
8/14/2023 • 11 minutes, 32 seconds
Cameron McIntyre, Carsales.com CEO
Carsales.com welcomed a flood of cars to the market as rates rose & supply chains eased, posting a 301% jump in profit across the financial year.See omnystudio.com/listener for privacy information.
8/14/2023 • 11 minutes, 33 seconds
MWP August 14: Carsales.com races away
Reporting season continues to deliver a load of surprises, with Carsales & JB Hi-Fi both fighting off rising interest rates to record better-than-expected numbers.See omnystudio.com/listener for privacy information.
8/14/2023 • 4 minutes, 45 seconds
Money News with Scott Haywood - 10th August
Reporting season continues, with AGL and Boral taking the headlines; healthcare products still in household budgets despite cost of living troubles; US burger chain Wendy’s to open 200 stores in Australia; calls for a super profits tax on banks; the Women’s World Cup presents an opportunity for advertisers; and Tony Sycamore joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/10/2023 • 38 minutes, 52 seconds
Ben Willee General Manager and Media Director for Spinach Advertising
The Women’s World Cup has been a runaway success, but will broadcasters and advertisers be able to capitalise on the momentum.See omnystudio.com/listener for privacy information.
8/10/2023 • 8 minutes, 45 seconds
The Market Wrap with Tony Sycamore, Market Analyst, IG Australia
Company reporting continues, with AGL’s & Boral’s earnings in the spotlight today, while the world awaits for another US inflation reading.
ASX200: up 0.26%, 7,357
AUD: 65.51 US cents
GOLD: $1,952 US/oz
BITCOIN: $44,976 AUD
Woodside gained 1.9 per cent
Santos was up 2.6 per cent
Ampol added 1.2 per cent
Yancoal and Whitehaven both jumped more than 4 pc
Australia’s tech sector was the worst performing
Xero fell 3.9 per cent
Wisetech Global fell 0.9 per cent
Lake Resources was the best performing on the benchmark, surging 27.2 per cent
Boral jumped 8.5 per cent after reporting a 17.1 per cent rise in full-year revenue to $3.46 billion.
See omnystudio.com/listener for privacy information.
8/10/2023 • 9 minutes, 15 seconds
Blair Norfolk, Biome MD & founder
Reporting season continues, but with an increased focus on our health out of the pandemic, will spending on healthcare products continue to drive company profits?See omnystudio.com/listener for privacy information.
8/10/2023 • 10 minutes, 17 seconds
MWP August 10: Companies bucking the trend
Reporting season continued with a strong result for building supplier Boral, but eyes will be on Wall Street as the US receives its latest CPI figures overnight.See omnystudio.com/listener for privacy information.
8/10/2023 • 4 minutes, 35 seconds
Money News with Scott Haywood - 9th August
Commonwealth Bank reports a $10.2 billion profit, as CEO Matt Comyn joins the show; Chinese consumer prices go backwards; petrol prices shoot up again; cybersecurity threats coming from China; robot army in a Melbourne warehouse; travellers hit by the dollar’s drop in purchasing power; and Kate Hanrahan joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/9/2023 • 38 minutes, 54 seconds
Fabio Fratucello, Chief Technology Officer for the Asia-Pacific & Japan region at CrowdStrike
Companies are boosting their defences against the risk of cyber attacks, but what are they looking for, and where are the threats emanating from?See omnystudio.com/listener for privacy information.
8/9/2023 • 7 minutes, 53 seconds
The Market Wrap with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management
A big day for financial reporting, with Suncorp also revealing a billion dollar profit following higher premiums and fewer natural disasters to contend with.
ASX200: up 0.37%, 7,338
AUD: 65.57 US cents
GOLD: $1,963 US/oz
BITCOIN: $45,464 AUD
CBA shares lifted up 2 ½ % to $104.85.
ANZ was up 0.7 per cent.
Westpac up 1.6 per cent
NAB was up 2.1 per cent to $28.64
Funeral services firm InvoCare was the best performer of the day, gaining 5 per cent to $12.48 after its board agreed to its $1.8 billion takeover
Lake Resources sliding 5.7 per cent to 16 cents
Resmed lost 4.6 percent down nearly 20%
Jewellery chain Lovisa finished 4.3 percent lower
See omnystudio.com/listener for privacy information.
8/9/2023 • 7 minutes, 46 seconds
Matt Comyn, Commonwealth Bank CEO
Commonwealth Bank has posted a record full year profit of $10.2 billion, benefiting from a rising interest rate environment.See omnystudio.com/listener for privacy information.
8/9/2023 • 9 minutes, 5 seconds
MWP August 9: Big Bank, Big Profit... CBA CEO joins Money News
Commonwealth Bank has posted a profit of $10.2 billion over the last financial year, capitalising on a rising interest rate environment.
Featuring Commonwealth Bank CEO Matt Comyn talking to Money News host Scott HaywoodSee omnystudio.com/listener for privacy information.
8/9/2023 • 5 minutes, 3 seconds
Money News with Scott Haywood - 8th August
Household spending declines; consumer sentiment remains at low levels; business sentiment defies the odds; FWC upholds sacked worker decision; Woodside gets Japanese investment; businesses push back against public holiday proposal; rental vacancies worsen again; and Henry Jennings joins us for the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/8/2023 • 38 minutes, 52 seconds
Kent Lardner, Founder of SuburbTrends
Rental vacancy rates were meant to start easing by now, but new data is showing that the squeeze could still be on.See omnystudio.com/listener for privacy information.
8/8/2023 • 5 minutes, 17 seconds
The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at MARCUS TODAY
Building company James Hardie has recorded a strong set of full year results, despite a slowdown in the construction sector.
ASX200: up 0.03%, 7,311
AUD: 65.18 US cents
GOLD: $1,963 US/oz
BITCOIN: $43,029 AUD
Building materials major James Hardie soared 15 per cent after their results announcement.
Coronado Global fell 12 percent on their earnings
Myer also slumped 14 per cent
The decline in iron ore prices predicted to extend this year
China’s exports fell for a third straight month in July amid a slump in global demand
See omnystudio.com/listener for privacy information.
8/8/2023 • 11 minutes, 49 seconds
Alan Oster, Group Chief Economist at NAB
Business conditions declined slightly over the past month, but are still defying predictions by remaining in positive territory.See omnystudio.com/listener for privacy information.
8/8/2023 • 7 minutes, 33 seconds
MWP August 8: Gas giant & the land of the Rising Sun
Japanese investors have put hard feelings to the side, getting on board for a major Australian LNG project.See omnystudio.com/listener for privacy information.
8/8/2023 • 4 minutes, 36 seconds
Money News with Scott Haywood - 7th August
RBA signals Australian economy to hit a soft landing; strategist thinks the country could be headed towards recession; wheat prices lift on Russian-Ukraine conflict; recruiters see more applications per job advertised; Westpac lifts property predictions; and Adam Dawes joins us as Reporting Season gets underway in the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/7/2023 • 38 minutes, 31 seconds
The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners
Reporting season gets underway, with both Block & Resmed disappointing with their results.
ASX200: down 0.22%, 7,309
AUD: 65.67 US cents
GOLD: $1,969 US/oz
BITCOIN: $44,217 AUD
Pilbara finished higher by 3.8% to $5.18.
Lithium Australia shares jumped 67% to $0.055
But iron ore players dropped
Fortescue Metals Group was down 1.6% to $21.05.
James Hardie, CBA, AMP and AGL among those reporting this week
US inflation mid-week is the key economic data
See omnystudio.com/listener for privacy information.
8/7/2023 • 9 minutes, 30 seconds
Martin Herbst, CEO of JobAdder
The jobs market is expected to slow, with recruiters starting to see more applications per job advertised.See omnystudio.com/listener for privacy information.
8/7/2023 • 7 minutes, 22 seconds
Gerard Minack, market strategist & Founder of Minack Advisors
Despite emerging from Covid lockdowns, China’s economy has failed to take off, with the country now at risk of deflation.See omnystudio.com/listener for privacy information.
8/7/2023 • 10 minutes, 27 seconds
MWP August 7: Global tension moving markets
International events are continuing to shift the goalposts for important commodities for Australia like wheat & iron ore.See omnystudio.com/listener for privacy information.
8/7/2023 • 4 minutes, 6 seconds
Money News with Scott Haywood - 3rd August
Wall Street sells off after credit rating downgrade; Aussie dollar continues to plummet; trade surplus steady on iron ore gains; retail spending collapses for the third quarter in a row; refinancing hits record levels; AI programs to start taking burger orders; and Scott Phillips joins us for an extended version of the Market Wrap.
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Michael Robertson
Publisher: Nine RadioSee omnystudio.com/listener for privacy information.
8/3/2023 • 39 minutes
David Butterworth, Franchisee owner of Snooze South Wharf and Springvale in Victoria
Retail figures declined for the third quarter in a row, with bricks and mortar shops feeling the bite of a slowdown in spending.See omnystudio.com/listener for privacy information.