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
What's keeping executives up at night?
January 03, 2024 07:50 - 12 minutes - 11.2 MBCorporate Australia will likely spend more on technology this year, with cyber risks the top challenge for executives identified in a KPMG survey. SBS Finance Editor Ricardo Gonçalves speaks with the firm's Brendan Rynne to find out more; plus why super funds saw above average returns in 2023 with Kirby Rippell from SuperRatings; we explore the pull-back on the Australian sharemarket with Luke Laretive from Seneca Financial Solutions.
Where to for property prices in 2024?
January 02, 2024 07:38 - 12 minutes - 11.1 MBNational housing values rose 8.1% in 2023, but with new listings rising, and interest rates set to fall later in the year, SBS Finance Editor Ricardo Gonçalves speaks with Tim Lawless from CoreLogic to find out where the opportunties are for buyers and sellers in 2024; plus Stuart Roberts from Stocks Down Under takes a look at the sharemarket which just missed record high today.
ASX200 closes 15 points away from a record high close
December 28, 2023 07:22 - 6 minutes - 6.09 MBThe S&P/ASX 200 closes just 15 points away from hitting a record high, so in this special edition of SBS On the Money: Market Day, SBS Finance Editor Ricardo Gonçalves speaks with Robert Talevski from Activam to find out more and to see what he thinks will do well in 2024
SBS On the Money: Market Day 27 December 2023
December 27, 2023 21:33 - 7 minutes - 6.75 MBThe Australian sharemarket continues to rally after a four day Christmas break as the iron ore price hits an 18- month high. SBS Finance Editor Ricardo Gonçalves speaks with Zoran Kresovic from Eightcap for all the day's market action.
On the Money: 2023 finance year in review + Christmas gift card warnings
December 22, 2023 06:48 - 14 minutes - 13.3 MBSBS Finance Editor Ricardo Gonçalves takes a look at the year that was in business and finance with Kyle Rodda from capital.com including the top tories of the year and his outlook for 2024, plus Sally Tindall from RateCity offers her advice for anyone looking to buy last minute Christmas Gift Cards.
Sharemarket Santa rally continues + ACCC seeking greater merger powers
December 20, 2023 07:09 - 14 minutes - 13.5 MBThe Australian sharemarket hit a 10 month high while the Australian dollar reached a fresh 5 month high against the greenback, so SBS Finance Editor Ricardo Gonçalves speaks with Johnathan Tacadena from MPC Markets to find out more, plus ACCC Chair Gina Cass-Gotlieb on why it is calling for greater powers to oversea mergers in Australia, and Gerard Brody from Super Consumers Australia explains how it'll use an extra $5m in government funding to help protect the retirement savings of millions ...
SBS On the Money: Why interest rates could be cut three times next year
December 19, 2023 07:01 - 13 minutes - 12.6 MBThe Reserve Bank says it considered a rate rise earlier this month but SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP who thinks that rate will be cut numerous times next year; plus hear from Catherine Allfrey from WaveStone Capital about the impact of the latest Red Sea attacks and her picks for 2024.
SBS On the Money: What is the savings rate you should be getting?
December 15, 2023 06:19 - 7 minutes - 7.01 MBThe ACCC has released its final report into the retail deposits inquiry, so SBS Finance Editor Ricardo Gonçalves takes a look at some of its recommendations with Finder finance expert Taylor Blackburn, plus the day on the markets with Kai Chen from MPC Markets including his outlook for 2024.
US set to cut interest rates boosting global markets
December 14, 2023 08:30 - 13 minutes - 12.7 MBThe US Federal Reserve says interest rates there could fall by 75 basis points so SBS Finance Editor Ricardo Gonçalves speaks with Henry Jennings from Marcus Today to find out what it means for investors. Plus Australia's jobless rate has risen to 3.9 per cent but Pat Bustamante from Westpac explains why it is still reflects a resilient employment market.
SBS On the Money: MYEFO: What it means for the economy and interest rates
December 13, 2023 06:35 - 12 minutes - 11.6 MBThe government has delivered a lower budget deficit in its mid-year economic forecast, thanks to a strong labour market and commodity prices. Its mid-year economic update revealed government savings of around $12 billion. But real wage growth has slowed slightly more than expected, and there's no income or rent relief coming beyond existing measures.
SBS On the Money: 40 years since its float, where to now for the Australian dollar?
December 12, 2023 06:49 - 15 minutes - 13.9 MBToday marks 40 years since the Australian dollar was floated, so Rhayna Bosch takes a look back with Chris Weston from Pepperstone and discusses the outlook for the currency, plus SBS Finance Editor Ricardo Gonçalves speaks with Jamie Hannah from Van Eck about the day's market action including a possible Chemist Warehouse listing.
SBS On the Money: The RBA's agreement with the government
December 08, 2023 06:50 - 12 minutes - 11.6 MBThe RBA and government have updated their agreement which stipulates its independence and dual mandate of targeting inflation and full employment. SBS Finance Editor Ricardo Gonçalves speaks with Paul Bloxham from HSBC about the new flexibility being afforded to the RBA in meeting its objectives as it prepares to implement the recommendations of this year's RBA Review; plus Kyle Rodda from capital.com on a potential Santos/Woodside merger.
SBS On the Money: The changes to financial advice laws hoped to make it more accessible
December 07, 2023 07:07 - 9 minutes - 8.34 MBThe Federal Government is introducing new laws to make getting financial advice more accessible by introducing a new class of profession, 'Qualified Advisers', which will be able to offer limited personal advice at banks, insurance companies and super funds. Rhayna Bosch speaks with Sarah Abood from the Financial Advice Association Australia to find out more; plus SBS Finance Editor Ricardo Gonçalves speaks with Gemma Dale from nabtrade for the latest on the markets.
SBS On the Money: Is work-from-home to blame for Australia's productivity problem?
December 01, 2023 06:17 - 9 minutes - 8.34 MBWestpac Chief Economist Luci Ellis speaks with SBS Finance Editor Ricardo Gonçalves about Australia's productivity problem, if it's a concern, the impact WFH is having and her take on the RBA's final board meeting next week; plus the day on the markets with Omkar Joshi from Opal Capital Management.
SBS On the Money: World's most expensive cities plus withdrawing minimum super
November 30, 2023 07:51 - 17 minutes - 16.4 MBAustralia's biggest cities have fallen in the rankings of the world's most expensive. SBS Finance Editor Ricardo Gonçalves speaks with Barsali Bhattacharyya from the Economist Intelligence: EIU Unit to find out why; Gerard Brody from Super Consumers Australia's explains why a significant number of retirees are withdrawing just the minimum amount from their super; and Jody Fitzgerald from Morningstar on whether we'll see a Santa Rally this year.
On the Money: Inflation continues to ease so does that spell the end for rate rises?
November 29, 2023 07:00 - 10 minutes - 9.55 MBThe CPI Indicator eased to 4.9% annually in October, reducing the chance of a December interest rate rise. SBS Finance Editor Ricardo Gonçalves speaks with Katrina Ell from Moody's Analytics to see if it tells the real story about consumer prices; plus the market reaction with Niv Dagan from PEAK Asset Management.
SBS On the Money: Are shoppers holding back for sales?
November 28, 2023 06:37 - 7 minutes - 7.27 MBRetail sales in the month of October fell 0.2% so did shoppers just hold back to spend up big at the recent Black Friday and Cyber Monday sales? SBS Finance Editor Ricardo Gonçalves speaks with Stephen Wu from the Commonwealth Bank to find out; plus the day on the markets with Angus Geddes from Fat Prophets including details on the recent strength in the Australian dollar.
SBS On the Money: Who is new RBA Deputy Governor Andrew Hauser?
November 27, 2023 07:02 - 9 minutes - 8.58 MBThe Federal Government has tapped the Bank of England's Andrew Hauser to become the RBA's Deputy Governor. SBS Finance Editor Ricardo Gonçalves speaks with Independent Economist Saul Eslake to find out more, including why the appointment came from outside the country; plus the latest on the markets with Alex Pikoulas, CFA from Harper Bernays.
SBS On the Money: Why bank transfers could soon take longer
November 24, 2023 07:04 - 6 minutes - 5.52 MBAustralian banks are coming together to invest $100m in an effort to improve customer protections against scammers. The Australian Banking Association's Anna Bligh explains why that may mean longer transfer times for some transactions, plus SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bogdan from Blackmore Capital on the day on the markets and the rise of superannuation shareholders.
SBS On the Money: Population to almost double by 2071 & RBA domestic inflation warning
November 23, 2023 07:23 - 12 minutes - 11.8 MBAustralia's population could go from 26 million to 46 million within five decades according to projections from the Bureau of Statistics. Rhayna Bosch speaks with Demographer Ashley Fell from McCrindle to find out the implications for the nation. Plus, hear from RBA Governor Michele Bullock about why inflation is now being driven by domestic demand factors, and SBS Finance Editor Ricardo Gonçalves speaks with Chris Weston from Pepperstone about the day on the markets.
SBS On the Money: Workers returning to CBD offices at different rates
November 22, 2023 07:31 - 8 minutes - 8.22 MBCBRE says while workers are slowly returning to CBDs, those in Melbourne are doing so at a much slower pace. SBS Finance Editor Ricardo Gonçalves speaks with the commercial real estate company's Head of Office and Capital Markets Research Tom Broderick to find out more, plus Jun Bei Liu from Tribeca Investment Partners takes a look at the day's market action.
SBS On the Money: Fewer people accessing medical help when needed because of rising costs
November 21, 2023 07:19 - 7 minutes - 6.99 MBSeven per cent of Australians who needed to see a GP last financial year, delayed that visit or did not see one because of rising costs, with younger people or those in disadvantaged areas most likely to give up those services according to the ABS. SBS Finance Editor Ricardo Gonçalves speaks with Equity Economics Senior Economist Kristy Jones to find out what can be done about it, plus the day on the markets with Robert Talevski from Activam
SBS On the Money: Optus CEO resigns, but will customers also leave?
November 20, 2023 08:19 - 15 minutes - 13.8 MBOPTUS CEO Kelly Bayer Rosmarin has resigned following last week's outage, but history has shown customers don't necessarily follow. SBS Finance Editor Ricardo Gonçalves speaks with telecommunications analyst Paul Budde, plus the day on the markets with Raymond Chan from Morgans who takes a closer look at China's economy and the ASX's latest move to update its CHESS technology.
SBS On the Money: NZ records biggest population surge in 30 years + oil prices keep sliding
November 17, 2023 06:49 - 15 minutes - 14 MBNew Zealand has recorded its biggest population surge in 30 years amid a rise in migration, so how similar is it to Australia? Rhayna Bosch speaks with Kiwibank Chief Economist Jarrod Kerr, plus SBS Finance Editor Ricardo Goncalves finds out if a continued slide in oil prices will impact inflation expectations with Zoran Kresovic from Eightcap.
SBS On the Money: Jobless rate rises but a record number of people in work
November 16, 2023 06:38 - 8 minutes - 7.72 MBAustralia's jobless rate has risen to 3.7% but a record 14.17m people are in work. SBS Finance Editor Ricardo Gonçalves speaks with ANZ Senior Economist Blair Chapman to find out what it says about the labour market, plus the market reaction with Tony Sycamore from IG Markets Securities Limited.
SBS On the Money: Wages grow at fastest pace on record + US inflation continues to ease
November 15, 2023 06:20 - 13 minutes - 12.4 MBWages grew at the fastest pace in the 26 years the ABS has been tracking them at 1.3% in the September quarter, so SBS Finance Editor Ricardo Gonçalves speaks with IFM Investors Chief Economist Alex Joiner to find out if it really is easing the rising cost of living, plus Dianne Colledge from Morgans takes a look a the market reaction including what lower US inflation means for interest rates.
SBS On the Money: Telstra benefits from Optus outage + Christmas spending plans
November 14, 2023 06:52 - 13 minutes - 12.2 MBHear from Telstra CEO Vicki Brady as she explains how the telco is benefiting from last week's Optus outage, plus SBS Finance Editor Ricardo Gonçalves speaks with Westpac Senior Economist Matthew Hassan about consumer spending trends ahead of the all-important Christmas sales, while Mathan Somasundaram from Deep Data Analytics goes though the day's market action, including CBA's $2.5bn quarterly cash profit.
SBS On the Money: Cyber threat hits ports operator & ANZ's record profit
November 13, 2023 08:03 - 10 minutes - 9.45 MBOperations are resuming at one of the nation's biggest ports following a cyber attack at the weekend. Rhayna Bosch speaks with cyber security expert Troy Hunt for more, plus SBS Finance Editor Ricardo Gonçalves discusses the day's sharemarket action including ANZ's record $7.4bn result with George Boubouras from K2 Asset Management Ltd
SBS On the Money: RBA upgrades inflation forecasts so who is to blame?
November 10, 2023 07:07 - 13 minutes - 12.7 MBThe RBA has lifted its inflation forecasts in its quarterly Statement on Monetary Policy, suggesting interest rates may stay higher for longer. SBS Finance Editor Ricardo Gonçalves speaks with UBS Chief Economist George Tharenou for his take, plus all the market action with Jessica Amir from moomoo.
SBS On the Money special interview: NAB CEO Ross McEwan on rates, mortgages and Optus outage
November 09, 2023 06:52 - 15 minutes - 14 MBAs NAB posts a full-year cash profit of $7.7bn, SBS Finance Editor Ricardo Gonçalves speaks with CEO Ross McEwan to find out how higher interest rates are affecting the bank's customers and what the future of the bank and mortgage market looks like, plus the day on the sharemarket including a contraction in Chinese consumer prices with market analyst Evan Lucas.
SBS On the Money: What does the latest Optus outage say about Australia's telecommunications infrastructure?
November 08, 2023 06:45 - 11 minutes - 10.2 MBSBS Finance Editor Ricardo Gonçalves speaks with telecommunications analyst Paul Budde to find out what needs to be done to improve the nation's infrastructure as Optus' systems go down impacting around 10 million people, plus the latest on the sharemarket with Luke Laretive from Seneca Financial Solutions.
SBS On the Money: RBA lifts interest rates to a near 12 year high of 4.35%
November 07, 2023 06:39 - 14 minutes - 13.5 MBThe RBA has lifted official interest rates to a near 12 year high of 4.35% so SBS Finance Editor Ricardo Gonçalves finds out what it means for the economy, markets and mortgage repayments with Betashares Chief Economist David Bassanese, Perpetual Head of Investment Strategy Matt Sherwood and RateCity Research Director Sally Tindall.
SBS On the Money: Investors and borrowers brace for possible Cup Day rate rise
November 06, 2023 07:02 - 8 minutes - 7.36 MBEconomists at Australia's big four banks are tipping a rate rise on Tuesday so SBS Finance Editor Ricardo Gonçalves speaks with David Berthon-Jones, CFA from Aequitas Investment Partners to find out what the markets are thinking and what it means for investments; plus hear from Westpac CEO Peter King about the rising number of calls for help the bank is receiving from some customers.
SBS On the Money: How to pick the right NBN speed plan + US leaves interest rates on hold
November 02, 2023 07:03 - 10 minutes - 9.58 MBThe ACCC is urging Australians to shop around for the best NBN broadband deal following changes to wholesale prices. SBS Finance Editor Ricardo Gonçalves speaks with ACCC Commissioner Anna Brakey for more, plus the latest on the sharemarket with Ben Clark from TMS Capital including, whether US interest rates have truly peaked.
SBS On the Money: IMF says RBA should lift interest rates
November 01, 2023 07:43 - 15 minutes - 14 MBThe IMF says the RBA should lift interest rates and the government should spend less on infrastructure to tackle inflation. SBS Finance Editor Ricardo Gonçalves speaks with International Monetary Fund Mission Chief to Australia Abdoul Aziz Wane, plus Hebe Chen from IG Australia goes through the day's sharemarket action.
SBS On the Money: Early warm weather sees record consumer spendingdespite the rising cost of living
October 30, 2023 19:20 - 15 minutes - 14.3 MBRetail sales hit a record in September as warmer weather saw consumers bring forward some purchases, but will it add to the case for an official interest rates rise? SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver for more, along with Stuart Roberts from Stocks Down Under for the market reaction. Plus Rhayna Bosch finds out why Australia should impose EU style compensation policies for cancelled flights with Ellis Taylor from Cirium Aviation.
SBS On the Money: US economy expands more than expected so what will the Federal Reserve do?
October 27, 2023 07:02 - 13 minutes - 12.8 MBThe US economy expanded by a greater than expected 4.9% annually in the third quarter just ahead of the next decision of US interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Saxo Chief Economist Steen Jakobsen to find out why he thinks interest rates will not rise any higher, plus the day on the markets with Grady Wulff from Bell Direct.
SBS On the Money: Home prices just a few thousand dollars away from their peak
October 26, 2023 07:04 - 11 minutes - 10.5 MBDomain says house and unit prices are only a few thousand dollars away from setting new records, so Rhayna Bosch speaks with Nicola Powell to find out more; plus SBS Finance Editor Ricardo Gonçalves finds out why the Australian dollar is at a 2023 low against the US despite talk of rising local interest rates with Damien Boey from Barrenjoey.
SBS On the Money: Hot inflation increases the chance of a Melbourne Cup Day rate rise
October 25, 2023 07:14 - 11 minutes - 10.8 MBAnnual inflation came in at a higher than expected 5.4 per cent with prices for services remaining at elevated levels. SBS Finance Editor Ricardo Gonçalves speaks with Barrenjoey Chief Economist Jo Masters to find out what this means for the economy and interest rates, while Joe Youssef from Aerus Asset Management goes through the market reaction and implications.
SBS On the Money: What is the National Debt Helpline?
October 24, 2023 06:32 - 13 minutes - 12.4 MBCalls to the National Debt Helpline has risen by 28 per cent so far this year, so Rhayna Bosch speaks with Claire Tacon from the Consumer Action Law Centre to find out more about the service, plus SBS Finance Editor Ricardo Gonçalves speaks with Josh Gilbert from eToro on the day's market action including a resurgence in Bitcoin
SBS On the Money: Wine exporters react to China tariff review + ASX at year low
October 23, 2023 06:58 - 12 minutes - 11.8 MBAustralia's wine industry has welcomed China's decision to review its tariffs on Australian imports so SBS Finance Editor Ricardo Gonçalves speaks with Lee McLean from Australian Grape & Wine to find out what's next, plus Kyle Rodda from capital.com explains why the Australian sharemarket has hit a one year low and if that presents any opportunities.
SBS On the Money: Does the unexpected drop in joblessness increase the chances of an interest rate rise?
October 19, 2023 06:28 - 12 minutes - 11.4 MBAustralia's unemployment rate unexpectedly fell to 3.6% in September so SBS Finance Editor Ricardo Gonçalves speaks with NAB's Alan Oster to find out what it means for interest rates, plus the day on the markets with Angus Geddes from Fat Prophets.
SBS On the Money: RBA Governor's Middle-East inflation warning
October 18, 2023 06:03 - 10 minutes - 9.47 MBHear what RBA Governor Michele Bullock had to say about the economic impacts of the escalating conflict in the Middle-East and the threat to inflation and interest rates, plus SBS Finance Editor Ricardo Gonçalves speaks with Mark Gardner from MPC Markets on the day's market action, including better-than-expected data on the Chinese economy.
SBS On the Money: RBA losing patience with inflation + Aussie businesses turn to US
October 17, 2023 07:17 - 8 minutes - 8.16 MBThe RBA says it has a low tolerance for a slower return of inflation to target than currently expected, implying next week's CPI data will be critical ahead of its Melbourne Cup Day meeting. SBS Finance Editor Ricardo Gonçalves takes a look at the board's October board meeting minutes with Martin Lakos from Macquarie Group. Plus, Andrew McKellar from Australian Chamber of Commerce & Industry (ACCI) explains why the US has overtaken China as the most common trading partner for Australian busin...
SBS On the Money: How the Middle-East conflict is impacting markets
October 16, 2023 10:05 - 12 minutes - 11.2 MBThe conflict in the Middle-East may cement fears global interest rates may stay high for longer. SBS Finance Editor Ricardo Gonçalves speaks with Nick Schoenmaker CFA, FRM from Drummond Capital Partners for more, plus Grady Wulff from Bell Direct explains how Gina Rinehart stopped a $6.6bn takeover attempt of a WA lithium miner.
SBS On the Money: Middle East impact on markets; business costs easing
October 10, 2023 06:57 - 10 minutes - 9.56 MBThe Australian share market has risen despite the ongoing Hamas-Israel conflict. SBS Finance Editor Ricardo Gonçalves speaks with Dianne Colledge from Morgans Financial Limited to find out more, while Rhayna Bosch speaks with NAB Chief Economist Alan Oster who explains why the growth in business costs is starting to ease.
SBS On the Money: When will motorists benefit from sliding oil prices?
October 06, 2023 07:04 - 15 minutes - 14.5 MBOil prices have slumped more than 10 per cent in about a week, so Rhayna Bosch speaks with Vivek Dhar from the Commonwealth Bank to find out exactly when motorists will benefit. Plus, the RBA says 1 in 20 variable rate home loan borrowers at at, or approaching mortgage stress. SBS Finance Editor Ricardo Gonçalves discusses what that means with David Robertson from Bendigo and Adelaide Bank, plus Tony Sycamore from IG Markets Securities Limited with the latest on the sharemarket.
SBS On the Money: Rates on hold in October but the new RBA Governor warns they may still rise
October 03, 2023 06:44 - 14 minutes - 13.7 MBNew RBA Governor Michele Bullock has held official interest rates at 4.1% at her first meeting, but has warned rates may still rise. Rhayna Bosch speaks with Westpac Senior Economist Matthew Hassan to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the market implications with George Boubouras from K2 Asset Management Ltd.
SBS On the Money: Solving Australia's housing shortage & oil prices surging
September 28, 2023 07:43 - 12 minutes - 11.4 MBBrickworks CEO Lindsay Partridge tells SBS Finance Editor Ricardo Gonçalves what he thinks will help to solve Australia's housing shortage in the short-term plus hear from Elizabeth Tian from Citi for the day on the markets.
Dividend payouts peak this week, but where to now?
September 25, 2023 07:02 - 11 minutes - 21.7 MBAlmost $22bn in dividends will be paid out this week as some of Australia's largest companies reward shareholders. But with an economic slowdown, what's the future of dividends? SBS Finance Editor Ricardo Gonçalves speaks with Craig James from CommSec for more, plus Alex Pikoulas, CFA from Harper Bernays on the day on the markets including a new challenge for Qantas.