SBS On the Money
687 episodes - English - Latest episode: 5 days ago -Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
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Episodes
SBS On the Money: Is the 'Great Resignation' over?
July 09, 2024 08:49 - 17 minutes - 16.1 MBJob mobility has returned to pre-pandemic levels so SBS Finance Editor Ricardo Gonçalves speaks with NAB Head of Australian Economics Gareth Spence to find out how employers are feeling about the employment market, plus the latest on the sharemarket including Telstra's decision to lift most mobile plans above the rate of inflation with Grady Wulff from Bell Direct.
SBS On the Money: Calls to National Debt Helpline rising
July 08, 2024 08:19 - 10 minutes - 9.55 MBCalls and online chats to the National Debt Helpline have reached post-pandemic highs so SBS Finance Editor Ricardo Gonçalves speaks with the co-CEO of Financial Counselling Australia, Peter Gartlan to find out more about the free service, plus the day on the sharemarket with Kyle Rodda from Capital.com.
SBS On the Money: Former ASIC chair on proposed break up + improving disability in the workplace outcomes
July 04, 2024 09:09 - 19 minutes - 18 MBFormer ASIC Chair James Shipton agrees with the recommendations made in a 20 month Senate Economics Committee so Rhayna Bosch speaks with him to find out why. Also, SBS Finance Editor Ricardo Gonçalves talks with President of People with Disability Australia Marayke Jonkers about the increasing visibility in the workplace and the day on the sharemarket with market analyst Evan Lucas
SBS On the Money: Heavy discounting leads consumers to spend, so will the RBA be worried?
July 03, 2024 07:40 - 13 minutes - 11.9 MBIf you thought you saw some very heavy discounting this half- year sales season, you're not wrong, with retailers working hard to get shoppers to open their wallets. SBS Finance Editor Ricardo Gonçalves discusses today's stronger than expected retail trade numbers with Belinda Allen from CBA and Lochlan Halloway from Morningstar to find out what it says about the sector and if the RBA will be worried about the implication for inflation, plus the day on the market with Mark Gardner from MPC Ma...
SBS On the Money: RBA confirms it considered a rate rise
July 02, 2024 08:27 - 8 minutes - 8.11 MBThe RBA confirmed it considered an interest rate rise at its latest board meeting but chose the case for rates to stay on hold. SBS Finance Editor Ricarado Gonçalves looks through the RBA's board meeting minutes released today with Deep Data Analytics CEO Mathan Somasundaram to find out more an discuss the day's sharemarket moves.
Property hot spots this financial year
July 01, 2024 08:02 - 12 minutes - 11.3 MBPerth was the best performing capital city property market with home values rising almost 24% last financial year. SBS Finance Editor Ricardo Gonçalves takes a closer look at the state of the market with CoreLogic's Tim Lawless and discusses sharemarket themes for the new financial year with Elio D'Amato from Stockopedia.
SBS On the Money: Biggest banking merger since GFC approved
June 28, 2024 08:07 - 14 minutes - 13.1 MBThe biggest banking takeover since the GFC has been approved by Treasurer Jim Chalmers so SBS Finance Editor Ricardo Gonçalves speaks with Morningstar analyst Nathan Zaia to find out what the ANZ and Suncorp banking deal means for the sector and competition; plus a look at the financial year that was on the sharemarket, and predictions with Jessica Amir from moomoo.
SBS On the Money: Inflation hits home
June 27, 2024 07:36 - 4 minutes - 4.2 MBMarkets fall as traders continue to digest yesterday’s higher than expected inflation reading. Plus, what the latest US inflation update could mean for global interest rates.
SBS On The Money: Inflation rises increasing the chance of an August rate rise
June 26, 2024 07:38 - 12 minutes - 11.1 MBThe ABS CPI Indicator rose by a stronger than expected 4 per cent in the year to May dramatically lifting the chance of an RBA rate rise in August. SBS Finance Editor Ricardo Gonçalves speaks with Phil O'Donaghoe from Deutsche Bank who is now calling for an August rate rise, while James Gerrish from Shaw and Partners goes through the market reaction while Rhayna Bosch discusses the numbers with Jo Masters from Barrenjoey.
SBS On the Money: The world's best airlines + ASX points away from record
June 25, 2024 09:00 - 15 minutes - 13.8 MBQantas has dropped out of the annual Skytrax Top 20 airlines list so SBS Finance Editor Ricardo Goncalves speaks with Quentin Long from Australian Traveller Media to find out what travellers are demanding from airlines, plus Jamie Hannah from VanEck goes through the days sharemarket action.
SBS On the Money: 24 June 2024
June 24, 2024 08:00 - 15 minutes - 14.5 MBSBS Finance Editor Ricardo Gonçalves speaks with Assistant Commissioner Robert Thomson to find out more about what every Australian tax payer needs to know when doing their tax returns right this year, covering everything from superannuation, to cryptocurrencies and the biggest tax myths. Plus, the day on the sharemarket with Zoran Kresovic from Eightcap.
SBS On the Money: BHP and CBA battle for top spot as Guzman Y Gomez rips into market
June 21, 2024 07:57 - 10 minutes - 9.82 MBSBS Finance Editor Ricardo Gonçalves speaks with Morgans Private Client Adviser Dianne Colledge about the day's sharemarket action including the new battle to become Australia's largest listed company and the stellar debut of Mexican fast food restaurant Guzman Y Gomez.
SBS On the Money: RBA leaves rates on hold in June but is increasingly uncertain
June 18, 2024 07:57 - 14 minutes - 13.1 MBThe Reserve Bank used the word "uncertain" or a variation of it, eight times in its accompanying statement following its decision to leave interest rates on hold at a 12-and-a-half year high. Hear from Governor Michele Bullock as she explains the RBA's thinking, plus SBS Finance Editor Ricardo Gonçalves speaks with Moody's Analytics Economist Katrina Ell for her take, plus Catherine Allfrey from WaveStone Capital on the market reaction.
SBS On The Money: China new home prices fall at fastest pace in almost 10 years
June 17, 2024 08:06 - 11 minutes - 10.7 MBSBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Asia Economist Frederic Neumann about China's economy as the nation's Premier Li Qiang visits Australia, plus Alex Pikoulas from Harper Bernays goes through the day on the sharemarket including a curious hire by gaming group Tabcorp.
SBS On the Money: AI hype continues as Nasdaq hits another record; RBA preview
June 14, 2024 06:56 - 6 minutes - 6.13 MBSBS Finance Editor Ricardo Gonçalves speaks with Oreana Financial's Isaac Poole about the days sharemarket moves including the latest AI hype and a preview of next week's RBA decision.
SBS On the Money: Why the jobs market is loosening even with a decline in the unemployment rate
June 13, 2024 08:23 - 13 minutes - 11.9 MBAustralia's unemployment rate fell from 4.1% in April to 4% in May, but there are evident signs of a softening in conditions. SBS Finance Editor Ricardo Gonçalves discusses them with Westpac Senior Economist Pat Bustamante, along with the market reaction and latest on the Chemist Warehouse sharemarket listing with Henry Jennings from Marcus Today.
SBS On the Money: Are Australian executives paid too much?
June 12, 2024 07:38 - 12 minutes - 11.2 MBThe Governance Institute of Australia says the average fixed remuneration of ASX 200 CEOs and Managing Directors have risen way above that of inflation. Naveen Razik speaks with Megan Motto to find out why, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action including the continued frenzy in the AI space with Jun Bei Liu from Tribeca Investment Partners.
SBS On the Money: ASX sees worst one day loss in six weeks
June 11, 2024 07:49 - 8 minutes - 7.5 MBThe Australian sharemarket suffered its worst one day loss in six weeks as the market continues to push back on expectations for interest rate cuts. SBS Finance Editor Ricardo Gonçalves speaks with Mike Jenneke from UBS Global Wealth Management to find out more.
SBS On the Money: Are we at the start of a global rate cutting cycle?
June 07, 2024 07:23 - 9 minutes - 8.87 MBThe European Central Bank has followed the Bank of Canada in cutting interest rates, so who is next, and what does it mean for investments? SBS Finance Editor Ricardo Gonçalves speaks with Zoran Kresovic from Eightcap to find out.
SBS On the Money: Canada cuts interest rates, who is next?
June 06, 2024 07:49 - 6 minutes - 6.17 MBThe Bank of Canada overnight became the first major global central bank to cut official interest rates this cycle. SBS Finance Editor Ricard Gonçalves speaks with Luke Laretive from Seneca Financial Solutions to find out who will be next and to go through the day's market action.
SBS On the Money: Australia's GDP per capita recession continues
June 05, 2024 08:27 - 11 minutes - 10.8 MBAustralia's economy crawled just 0.1% higher in the March quarter, but on a per capital basis, it continued to contract. SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver and Julia Lee from State Street Global Advisors to find out what it means for the economy, interest rates and the sharemarket.
SBS On the Money: Will minimum wage rise spur inflation? And, house prices reaccelerate
June 03, 2024 07:55 - 12 minutes - 11.1 MBThe minumum wage will rise 3.75% from July 1 so what will it mean for inflation? SBS Finance Editor Ricardo Gonçalves speaks with Elise McKay from Pendal Group about that, along with all the days market news including US data pointing to easing consumer prices, plus the direction of the housing market with Tim Lawless from CoreLogic Australia.
SBS On the Money: Australia's rich list and the great transfer of intergenerational wealth
May 31, 2024 08:15 - 16 minutes - 14.8 MBThe Australian Financial Review's Rich List shows that 45 people over the age of 80 controls around $136 billion, and combined, they have 150 children. SBS Finance Editor Ricardo Gonçalves speaks with Rich List co-editor Yolanda Redrup to find out more about the challenges around the intergenerational transfer of wealth, plus Grady Wulff from Bell Direct looks at the day's market action, including implications of Donald Trump's guilty charge and Guzman y Gomez's IPO.
SBS On the Money: BHP walks away from Anglo America takeover
May 30, 2024 08:36 - 6 minutes - 5.63 MBBHP has walked away from what would have been the biggest mining deal in a century. SBS Finance Editor Ricardo Gonçalves takes a look at that along with all the day's market action with Elizabeth Tian from Citi.
SBS On the Money: Higher inflation pushes back rate cut hopes to 2025
May 29, 2024 07:59 - 9 minutes - 8.77 MBThe monthly inflation indicator rose from an annual rate of 3.5% to 3.6% in April pushing back the chances of any interest rate cuts. Rhayna Bosch speaks with BDO Economist Tania Dey while SBS Finance Editor Ricardo Gonçalves talks with Niv Dagan from Peak Asset Management to find out what it means for the economy and sharemarket.
Will there be big discounts this end of financial year sales season?
May 28, 2024 07:36 - 9 minutes - 8.91 MBRetail sales only rose 1.3% over the year to April which is below inflation and population growth, just as shop owners prepare for the end of financial year sales season. SBS Finance Editor Ricardo Gonçalves speaks with Alex Joiner from IFM Investors and Robert Talevski from Activam to find out more, including what it means for shoppers, the implication for interest rates and the sharemarket.
SBS On the Money: China economic data continues to improve despite negative sentiment
May 27, 2024 07:59 - 8 minutes - 7.47 MBThe Australian sharemarket has started the week strongly despite a public holiday in the US later tonight. SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans for his take on the day's trading action, including the positive Chinese economic data being released since the Chinese New Year despite negative sentiment.
SBS On the Money: Inflation woes and expectations
May 24, 2024 08:00 - 5 minutes - 4.97 MBRhayna Bosch speaks with Mahjabeen Zaman from ANZ about the global factors driving the Australian sharemarket lower this week - and our own home-grown inflation forecasts ahead of next week’s local CPI data release.
SBS On the Money: Markets fall on global interest rate jitters
May 23, 2024 08:08 - 6 minutes - 5.51 MBRhayna Bosch speaks with Gemma Dale from NABTRADE on the latest market movements following the release of the Federal Reserve’s May meeting minutes. And AI chip maker Nvidia takes centre stage as it reveals its quarterly profit results.
SBS On the Money: Why the inflation fight isn't over as another central bank warns rates may still rise
May 22, 2024 07:20 - 10 minutes - 9.62 MBThe Reserve Bank of New Zealand left official interest rates on hold in the country but warned a rise was a real consideration. Hear from Governor Adrian Orr, while SBS Finance Editor Ricardo Gonçalves discusses the global implications and what it means for sharemarkets with Francesco De Stradis from Ord Minnett.
SBS On the Money: What Telstra's move to slash 2800 jobs says about the economy
May 21, 2024 08:01 - 18 minutes - 17.2 MBTelstra is slashing 2,800 jobs by the end of the year as part of a restructure as it reaffirms its FY24 guidance. SBS Finance Editor Ricardo Gonçalves takes a closer look at what this means for the company and the economy with Morningstar's Brian Han and Westpac's Matthew Hassan, plus the day on the markets with Joe Youssef from Areus Asset Management.
SBS On the Money: Materials drive ASX to near record high
May 20, 2024 07:25 - 7 minutes - 7.12 MBA booming materials sector sent Australian shares to just 33 points away from a record high. SBS Finance Editor Ricardo Gonçalves takes a look at the day's market action with David Berthon-Jones from Aequitas Investment Partners.
SBS On the Money: Why the cost of building a new home may rise around $25,000
May 17, 2024 07:53 - 12 minutes - 11.1 MBNew home sales surged 22 per cent in April but that's as buyers look to beat increased government regulations. SBS Finance Editor Ricardo Gonçalves takes a look at housing policy from both sides of government with Tom Devitt from the HIA, plus the day's market action with Marcus Bogdan from Blackmore Capital
SBS On the Money: Markets stage dramatic rate expectation swing amid jobs and inflation reports
May 16, 2024 08:01 - 14 minutes - 12.9 MBThe chances of interest rates cuts in both the US and Australia rose markedly today as Australia's unemployment rate rose and US inflation eased. SBS Finance Editor Ricardo Goncalves speaks with Diana Mousina from AMP and Chris Weston from Pepperstone for more.
SBS On the Money: The budget's impact on inflation, interest rates and shares
May 15, 2024 08:01 - 23 minutes - 21.3 MBIs the government's projected $9.3 billion budget surplus inflationary? SBS Finance Editor Ricardo Gonçalves speaks with Westpac Chief Economist Luci Ellis, S&P Global Ratings Lead Analyst Martin Foo, Economist Saul Eslake and Hebe Chen from IG Markets to find out more in this special in-depth edition of the podcast.
SBS On the Money: Employment conditions soften ahead of federal budget
May 13, 2024 08:45 - 8 minutes - 8.14 MBThere are signs of a softening in employment conditions ahead of the federal budget, which the government says, may see inflation fall to the RBA's target earlier than what the central bank expects. Rhayna Bosch speaks with NAB Chief Economist Alan Oster, while SBS Finance Editor Ricardo Gonçalves speaks with David Scutt from City Index for more.
SBS On the Money: 10 May 2024
May 10, 2024 07:47 - 9 minutes - 8.59 MBHousehold financial stress has reached an 8 year high, as wellbeing levels in Australia remain depressed. SBS Finance Editor Ricardo Gonçalves speaks with NAB's Dean Pearson to find out more. Plus the day on the markets with Omkar Joshi from Opal Capital Management.
SBS On the Money: The rise of AI in the workplace & retail stocks tumble
May 09, 2024 07:29 - 8 minutes - 7.97 MB84% of Australian workers already use artificial intelligence in the workplace whether they know it or not, but an increasing number of employers are wanting to hire people that are skilled in the technology. Tanya Dendrinos speaks with LinkedIn Australia New Zealand MD Matt Tindale for more, plus Ricardo Gonçalves discusses the day's sharemarket moves with Stuart Roberts from Stocks Down Under
SBS On the Money: Telco complaints rising and Perpetual to be broken up
May 08, 2024 07:54 - 7 minutes - 6.8 MBConsumers are complaining about 'bread and butter' telecommunications services, so Rhayna Bosch speaks with industry ombudsman Cynthia Gebert to find out more, plus SBS Finance Editor Ricardo Gonçalves speaks with Luke Laretive from Seneca Financial Solutions about the day on the sharemarket.
SBS On the Money: RBA holds interest rates and maintains neutral bias
May 07, 2024 08:47 - 13 minutes - 12.1 MBWhile the RBA isn't ruling anything in or out, it would appear it has maintained its neutral bias following its decision to leave official interest rates on hold in May. SBS Finance Editor Ricardo Gonçalves speask with Jarek Kowcza from Westpac and Matt Wacher, CAIA from Morningstar for more.
SBS On the Money: 6 May 2024
May 06, 2024 07:12 - 5 minutes - 4.76 MBRhayna Bosch is in the chair today, speaking with Luke McMillan from Ophir Asset management about all things ASX, as the Reserve Bank kicks off its two day meeting on interest rates – amid talk that a rate hike could be on the cards. Plus, Westpac becomes the second of the big four banks to report its half-year results.
SBS On the Money: A deep dive into the direction of global interest rates
May 03, 2024 07:21 - 10 minutes - 9.53 MBEarlier this week the US Federal Reserve left interest rates on hold there but suggested the next move will be down, however investors in Australia are increasingly pricing in the chance of a rate rise. SBS Finance Editor Ricardo Gonçalves takes a closer look at the future of monetary policy with Drummond Capital Partners' Nick Schoenmaker.
SBS On the Money: Registered clubs data breach & US holds interest rates
May 02, 2024 07:51 - 8 minutes - 7.45 MBThe personal information of around one million registered clubs users may have been compromised. Catalina Florez speaks with online security expert Troy Hunt for more, plus Rhayna Bosch discusses the day's market action with Ben Clark from TMS Capital.
SBS On the Money: Qantas app glitch & markets tumble
May 01, 2024 07:43 - 8 minutes - 7.74 MBQantas suffered an app glitch which revealed the flight details of various customers to others, so Rhayna Bosch speaks to technology expert Trevor Long to find out if it is anything to be worried about, plus the day on the sharemarket with Kai Chen from MPC Markets.
SBS On the Money: Bonza enters voluntary administration, so what now for domestic aviation?
April 30, 2024 07:48 - 12 minutes - 11.6 MBDiscount carrier Bonza has cancelled services as it discusses its future. Hear from Aviation Analyst Geoff Thomas for his take on Australia's aviation sector, plus Elis McKay from Pendal Group discusses the day's market action, including the latest slump in retail sales.
SBS On the Money: BHP's rejected bid; scams; and the fall of the Yen
April 29, 2024 08:20 - 11 minutes - 10.5 MBSBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com for his take on the day on the markets, including BHP's rejected bid for Anglo American and the sharp decline in Japan's Yen. Plus, Stephanie Tonkin from the Consumer Action Law Centre.
SBS On the Money: Surprise inflation result pushes back rate cut expectations
April 24, 2024 07:47 - 9 minutes - 8.85 MBInflation in Australia has eased to an annual rate of 3.6% but it is more than expected. SBS Finance Editor Ricardo Gonçalves speaks with Devika Shivakedar from RSM Australia to find out what it means for interest rates, plus Mark Gardner from MPC Markets on the sharemarket reaction.
SBS On the Money: Housing crisis to get worse before it gets better
April 23, 2024 07:20 - 12 minutes - 11.8 MBBusinesses say a signficant concern is the housing crisis which is expected to get worse before it gets better. SBS Finance Editor Ricardo Gonçalves speaks with Stephen Smith from Deloitte Access Economics to find out more, plus the day on the sharemarket with Mathan Somasundaram from Deep Data Analystics.
SBS On the Money: South Australia leads nation's economy & shares rebound
April 22, 2024 08:07 - 11 minutes - 21.5 MBSouth Australia is the nation's leading economy according to CommSec's quarterly State of the States report. John Baldock speaks with Craig James to find out more. Plus SBS Finance Editor Ricardo Gonçalves finds out why the market is breathing a sigh of relief with Elio D'Amato from Stockopedia.
SBS On the Money: Business insolvencies rising, investors spooked by escalating tensions in Middle East
April 19, 2024 07:22 - 11 minutes - 10.9 MBSBS On the ASIC says 10,000 businesses will have called in the administrators this financial year, marking the most in more than 10 years. SBS Finance Editor Ricardo Gonçalves speaks with Patrick Coghlan from CreditorWatch to find out what it says about the economy, plus Jessica Amir from Moomoo goes through the day's sharemarket action as investors react to an escalation in tensions in the Middle East.