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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: Food prices soaring 10 per cent

July 25, 2022 08:46 - 10 minutes - 9.5 MB

New research by Morningstar reveals prices at Coles and Woolworths have increased by at least 5 percent in the June Quarter, but Johannes Faul tells SBS Finance Editor Ricardo Gonçalves that prices are increasing even faster right now; plus hear from Alex Pikoulas, CFA from Harper Bernays about the day on the market.

SBS On the Money: Why RBA may lift rates quickly to 3.35%

July 22, 2022 07:27 - 8 minutes - 7.96 MB

Westpac has revised its call for the peak in interest rates to 3.35% by February next year, which may add $908 a month to an average mortgage repayment on a $500,000 25 year loan. SBS Finance Editor Ricardo Gonçalves speaks with Westpac Senior Economist Matthew Hassan for more, plus Heath Moss from HLM Investments for the day on the markets.

SBS On the Money: SME supply chain issues to persist

July 21, 2022 08:45 - 8 minutes - 7.34 MB

Small to medium businesses warn they don't see an improvement to the supply chain issues plaguing their operations for some time, so SBS Finance Editor Ricardo Gonçalves speaks with NAB's Ana Marinkovic to find out more including the impact on consumers and what can be done about it; plus Evan Lucas from InvestSMART Group Limited for the day on the markets.

SBS On the Money: CEO bonuses are back

July 13, 2022 07:19 - 9 minutes - 8.69 MB

The Australian Council of Superannuation Investors says that after a pandemic-indiced dive in CEO bonuses, payments have rebounded to record levels. SBS Finance Editor Ricardo Gonçalves speaks with ASCI Stewardship Executive Manager Ed John for more, plus Westpac's Imre Speizer as New Zealand's central bank continues to lift official interest rates, and Adam Dawes from Shaw and Partners for news on the day on the markets.

SBS On the Money: Business confidence sinks on rising price pressues

July 12, 2022 08:24 - 9 minutes - 9.06 MB

SBS Finance Editor Ricardo Gonçalves speaks with NAB Senior Economist Gareth Spence about how consumers are paying the price for higher labour costs; plus Saxo Bank's Jessica Amir on the day on the markets.

SBS On the Money: Coal overtakes iron ore as Australia's most valuable export commodity

July 07, 2022 07:48 - 10 minutes - 9.56 MB

Coal overtakes iron ore as Australia's most valuable export commodity so what does that mean for the economy and shares? SBS Finance Editor Ricardo Gonçalves speaks with Evan Lucas from InvestSMART.

SBS On the Money: Australian dollar slumps to two-year low

July 06, 2022 07:16 - 7 minutes - 6.55 MB

Residential rents have risen nearly 10 per cent over the last financial year so Tim Lawless from CoreLogic explains why, plus SBS Finance Editor Ricardo Gonçalves speaks with Michael Jenneke from Credit Suisse on the markets, commodity sell-off and Australian dollar tumble.

SBS On the Money: RBA lifts interest rates for a third month in a row

July 05, 2022 07:20 - 11 minutes - 10.6 MB

The Reserve Bank has lifted official interest rates for a third straight month, taking rates to their highest since May 2019. SBS Finance Editor Ricardo Gonçalves speaks with KPMG Chief Economist Sarah Hunter and Stocks Down Under Analyst Stuart Roberts for more.

SBS On the Money: Why the RBA will lift rates again in July

July 04, 2022 07:28 - 8 minutes - 7.88 MB

Experts are expecting the RBA to lift official interest rates for a third month in a row tomorrow, so SBS Finance Editor Ricardo Gonçalves speaks with Diana Mousina from AMP to find out more including what it means for borrowers, plus George Boubouras from K2 Asset Management for market implications.

SBS On the Money: EOFY special: Shares, super and property

June 30, 2022 08:40 - 16 minutes - 15.5 MB

As we hit the end of the financial year, SBS Finance Editor Ricardo Gonçalves takes a look back and a look forward at the key economic themes, sharemarket performance, superannuation and property forecasts with AMP Capital's Shane Oliver, NAB's Alan Oster and nabtrade's Gemma Dale.

SBS On the Money: Pay gap widens with age

June 27, 2022 07:44 - 8 minutes - 7.95 MB

New figures show bigger gender pay differentials are in the higher age ranges. Rena Sarampaet speaks with Mary Wooldridge from Workplace Gender Equality Agency. SBS Finance Editor Ricardo Gonçalves finds out why the market had a solid day with Henry Jennings from Marcus Today.

SBS On the Money: Shares rebound this week, but now what?

June 24, 2022 08:14 - 6 minutes - 6.29 MB

After a tumultuous period which has seen the Australian sharemarket enter correction territory, the ASX200 rose 1.6% for the week. So where to now? SBS Finance Editor Ricardo Gonçalves speaks with Matt Sherwood from Perpetual Limited to find out.

SBS On the Money: US Federal Reserve warns of recession

June 23, 2022 08:15 - 10 minutes - 9.72 MB

SBS Finance Editor Ricardo Gonçalves speaks with Chris Weston from Pepperstone for more including what it means for shares, plus John Baldock speaks with NAB's Dean Pearson to find out just how much more price sensitive Australian consumers are.

SBS On the Money: US Federal Reserve warns of recession

June 23, 2022 08:15 - 10 minutes - 9.72 MB

SBS Finance Editor Ricardo Gonçalves speaks with Chris Weston from Pepperstone for more including what it means for shares, plus John Baldock speaks with NAB's Dean Pearson to find out just how much more price sensitive Australian consumers are.

SBS On the Money: Recession in 2023?

June 21, 2022 08:40 - 12 minutes - 11.6 MB

RBA Governor Philip Lowe says he doesn't see a recession in Australia on the horizon despite some expected imminent aggressive interest rate rises, some others disagree. SBS Finance Editor Ricardo Gonçalves speaks with Phil O'Donoghue from Deutsche Bank for more, plus Mathan Somasundaram from Deep Data Analytics on the markets.

SBS On the Money: Consumer confidence at historic lows

June 15, 2022 07:54 - 11 minutes - 11 MB

The rising cost of living is impacting consumer confidence with the Westpac Melbourne Institute Consumer Sentiment Index falling to towards historic lows so SBS Finance Editor Ricardo Gonçalves speaks with Westpac Chief Economist Bill Evans to find out what that means for the economy, plus Aequitas Investments Limited's David Berthon-Jones on the the sharemarket selloff aftermath.

SBS On the Money: Bank shares crumble & transaction savings rates rise

June 09, 2022 07:42 - 7 minutes - 6.71 MB

Bank shares have plummeted in the days after the RBA hiked interest rates, so what's the future like for the sector? SBS Finance Editor Ricardo Gonçalves speaks with Fat Prophets CEO Angus Geddes, plus Massilia Aili talks with Sarah Megginson from Finder.

SBS On the Money: Economists say RBA will 'front end' rate hikes

June 08, 2022 07:56 - 13 minutes - 12.3 MB

June's larger than expected official interest rate rise has many economists now tipping the RBA will lift rates harder and faster in an attempt to squash inflation. SBS Finance Editor Ricardo Gonçalves speaks with the Commonwealth Bank's Gareth Aird to find out more, plus Shaw and Partner's James Gerrish on the day on the markets.

SBS On the Money: What does the RBA's latest rate rise mean for you?

June 07, 2022 07:57 - 15 minutes - 13.8 MB

The Reserve Bank has lifted the official cash rate more than expected by 50 basis points to 0.85 per cent, which is now above pre-pandemic levels. That will mean monthly mortgage repayments on a $500,000, 25 year loan increases by $133. Can you afford it, and what happens when rates continue to rise? SBS Finance Editor Ricardo Gonçalves speaks with St.George Bank Chief Economist Besa Deda for more, plus WaveStone Capital's Catherine Allfrey for the market reaction, and a special look at the b...

SBS On the Money: Scams on the rise

June 06, 2022 08:45 - 7 minutes - 6.46 MB

The ACCC says Australians were scammed out of $205 million in the first five months of the year, with cryptocurrency scams rising dramatically.

SBS On the Money: Retirees urged to access super if struggling with rising cost of living

June 02, 2022 08:50 - 7 minutes - 6.59 MB

Retirees struggling with the rising cost of living are being encouraged by the Association of Superannuation Funds of Australia (ASFA) of Australia to access their super to help out.

SBS On the Money: The global energy squeeze

June 01, 2022 09:22 - 18 minutes - 17 MB

SBS Finance Editor Ricardo Gonçalves speaks with Evan Lucas from InvestSMART Group Limited plus the Commonwealth Bank's Belinda Allen discusses why consumers will be able to cope with imminent interest rate rises, while Maree Kilroy from BIS Oxford Economics takes a look at the impact of rising rates on property prices.

SBS On The Money: What's tax deductible when working from home?

May 31, 2022 07:40 - 6 minutes - 5.8 MB

SBS Finance Editor Ricardo Gonçalves speaks with Elinor Kasapidis from CPA Australia about tax deductions, plus the latest on the markets with Stuart Roberts from Stocks Down Under.

SBS On the Money: AGL scraps split as investors seek greener credentials

May 30, 2022 08:21 - 10 minutes - 9.23 MB

AGL has withdrawn plans to split the company in two following growing pressure from shareholders who were opposed to the move.

SBS On the Money: AGL scraps split as investors seek greener credentials

May 30, 2022 08:21 - 10 minutes - 9.23 MB

AGL has withdrawn plans to split the company in two following growing pressure from shareholders who were opposed to the move.

SBS On the Money: Record retail sales despite higher rates and inflation

May 27, 2022 09:24 - 10 minutes - 9.46 MB

Retail sales hit a record $33.9bn in April despite the first rate rise in more than a decade, so SBS Finance Editor Ricardo Gonçalves speaks with Fleur Brownfrom the Australian Retailers Association for more, plus nabtrade's Gemma Dale on the state of the markets.

SBS On the Money: How to spot a billionaire

May 26, 2022 08:19 - 12 minutes - 11.5 MB

There are a record 137 billionaires in Australia, so how do you spot one? SBS Finance Editor Ricardo Gonçalves speaks with The Australian Financial Review Rich List co-editor Julie-anne Sprague about how migrants have made a big splash in the rankings this year, plus Citi's Mahjabeen Zaman on the day on the markets.

SBS On the Money: US recession fears, plus BHP prepares for demerger

May 25, 2022 08:15 - 8 minutes - 7.8 MB

New home sales in the US have slumped, adding to fears the American consumer is feeling nervous of the future as interest rates rise. SBS Finance Editor Ricardo Gonçalves speaks with Clifford Bennett from ACY Securities to explore whether the US economy is headed for a recession; plus Francesco De Stradis from Ord Minnett looks through the day's market action including why BHP was the worst performer on the ASX 200.

SBS On the Money: US recession fears, plus BHP prepares for demerger

May 25, 2022 08:15 - 8 minutes - 7.8 MB

New home sales in the US have slumped, adding to fears the American consumer is feeling nervous of the future as interest rates rise. SBS Finance Editor Ricardo Gonçalves speaks with Clifford Bennett from ACY Securities to explore whether the US economy is headed for a recession; plus Francesco De Stradis from Ord Minnett looks through the day's market action including why BHP was the worst performer on the ASX 200.

SBS On the Money: How addressing 'languishing' may hold onto employees

May 24, 2022 09:39 - 9 minutes - 8.86 MB

RMIT University Behavioural Economist Meg Elkins says businesses addressing languishing feelings will have a better chance of holding on to staff. SBS Finance Editor Ricardo Gonçalves speaks with her; plus Robert Talevski from Activus Investment Advisors

SBS On the Money: What the election means for markets, tax and first home buyers

May 23, 2022 08:37 - 8 minutes - 8.2 MB

With Labor forming government, SBS Finance Editor Ricard Gonçalves speaks with Michael Croker from Chartered Accountants to find out how first home buyers will be supported, and how the markets reacted with Luke Laretive from Seneca Financial Solutions.

SBS On the Money: Australia's unemployment rate falls to a near 48 year low

May 19, 2022 08:32 - 8 minutes - 7.5 MB

Australia's unemployment rate fell to 3.9% in April, the lowest since 1974, but workers are slow to see the benefits through higher wages. SBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Economist Paul Bloxham for more, plus Angus Geddes from Fat Prophets on why the market took a big tumble today.

SBS On the Money: Real wages are falling, so why is the RBA still lifting interest rates?

May 18, 2022 07:56 - 13 minutes - 12.3 MB

Australians are seeing a decline in real wages growth, so why is the RBA likely to continue on its interest rate rising schedule? SBS Finance Editor Ricardo Gonçalves speaks with Indeed.com Chief Economist Callam Pickering, plus Financy's Bianca Hartge-Hazelman on the path to gender financial equality and Adam Dawes from Shaw and Partners on the day on the markets.

SBS On the Money: Rates to rise, every month, for the next few months

May 17, 2022 08:12 - 11 minutes - 10.7 MB

The RBA board meeting minutes released today revealed it discussed the possibility of a 40 basis point increase at the last meeting, instead of the 25 which it delivered, leaving the door open for more aggresive increases in the short term. SBS Finance Editor Ricardo Gonçalves speaks with ANZ's Adelaide Timbrell for the impact on the economy and housing, plus Saxo Bank's Jessica Amir on the markets.

SBS On the Money: Rates to rise, every month, for the next few months

May 17, 2022 08:12 - 11 minutes - 10.7 MB

The RBA board meeting minutes released today revealed it discussed the possibility of a 40 basis point increase at the last meeting, instead of the 25 which it delivered, leaving the door open for more aggresive increases in the short term. SBS Finance Editor Ricardo Gonçalves speaks with ANZ's Adelaide Timbrell for the impact on the economy and housing, plus Saxo Bank's Jessica Amir on the markets.

SBS On the Money: Accessing super for home ownership around the world

May 16, 2022 09:06 - 10 minutes - 9.93 MB

With the government proposing its own scheme to allow first home buyers to access part of their superannuation to buy a home, SBS Finance Editor Ricardo Gonçalves speaks with ANZ New Zealand- based economist Miles Workman to discover how a similar program there has worked and discusses the various plans around the world; plus the day on the markets with Elio D'Amato from Daylight Financial Group.

SBS On the Money: Crypto crash + variable mortgage rates rise from today

May 13, 2022 07:35 - 12 minutes - 11.8 MB

Cryptocurrencies have crashed this week - bad news for the 1 million Australians with crypto accounts, so SBS Finance Editor Ricardo Gonçalves speaks with Carl Capolingua from ThinkMarkets for more; plus Sally Tindall from RateCity.com.au explains what you can do right now to get a better home loan rate, as two of the big four banks pass on the RBA's rate rise.

SBS On the Money: How China's supply chain bottlenecks will lift consumer prices

May 12, 2022 07:28 - 9 minutes - 8.92 MB

US inflation still remains elevated at 8.3% annually, continuing to spook investors, while lockdowns in China are preventing ships from being loaded on time, which will ultimately impact global consumer prices. SBS Finance Editor Ricardo Gonçalves speaks with Robert Ojeda Sierra from Fitch Ratings about just how bad the delays at Chinese ports are, plus Jun Bei Liu from Tribeca Investment Partners on the impact on shares.

SBS On the Money: Consumer confidence at 21 month low ahead of election

May 11, 2022 08:53 - 11 minutes - 10.8 MB

Consumer sentiment is at its lowest since August 2020 with confidence hit by rising inflation and the prospect of increasing interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Westpac Chief Economist Bill Evans for more, plus Michael Jenneke.

Will higher rates really help the banks?

May 09, 2022 07:16 - 11 minutes - 10.2 MB

The big four banks have posted a combined $14.4bn in cash earnings this half year reporting season, so SBS Finance Editor Ricardo Gonçalves speaks with Sam Garland from PwC and George Boubouras from K2 Asset Management Ltd to see how they've performed during the pandemic and what a rising interest rate and inflationary environment means for them.

SBS On the Money: What is stagflation? + GST fraud warning

May 06, 2022 08:28 - 12 minutes - 11.6 MB

Global markets crumbled on Friday on fears some economies may enter a period of stagflation. SBS Finance Editor Ricardo Gonçalves speaks with St George Economist Matthew Bunny for more, while Tony Sycamore from City Index goes through the market implications, plus, ATO Deputy Commissioner Will Day details a massive investigation into the growing number of people creating fake businesses to make fraudulent claims.

SBS On the Money: Winners and losers of RBA rate rise

May 03, 2022 09:10 - 10 minutes - 9.95 MB

While mortgage rates will rise, savers will be rewarded after years of declining returns so SBS Finance Editor Ricardo Gonçalves speaks with Warren Hogan from Judo Bank and Scott Phillips from The Motley Fool for more.

SBS On the Money: Home values cool ahead of rates decision

May 02, 2022 08:38 - 11 minutes - 10.8 MB

Australia's housing market continues to cool, with prices in our two biggest cities falling on a quarterly basis, for the first time since the prolonged lockdowns of 2020. So, as the RBA prepares to raise interest rates, what's likely to happen to the housing market? Laurie Lawira speaks with CoreLogic Australia's Tim Lawless for more, while SBS Finance Editor Ricardo Gonçalves talks with James Whelan from VFS Group for the sharemarket implications.

SBS On the Money: What is inflation?

April 29, 2022 08:33 - 13 minutes - 12.5 MB

The Reserve Bank is tipped to lift official interest rates next week because inflation is too hot. SBS Finance Editor Ricardo Gonçalves speaks with Angela Jackson from Impact Economics to help explain the good and bad of inflation, and how interest rates can manage it; plus Guy Chambers from PwC on why electricity costs are rising and Matt Sherwood from Perpetual on the day on the markets.

SBS On the Money: High inflation sets the scene for May rate hike

April 27, 2022 08:04 - 9 minutes - 17.2 MB

Consumer prices have surged the most since the introductin of the GST, raising the prospect the Reserve Bank may lift official interest rates for the first time in more than 10 years next month, ahead of the Federal Election. SBS Finance Editor Ricardo Gonçalves speaks with David Bassanese from BetaShares and Jun Bei Liu from Tribeca Investment Partners for more.

SBS On the Money: How will Elon Musk change Twitter?

April 26, 2022 07:52 - 9 minutes - 8.51 MB

The Twitter board has accepted Elon Musk's $61bn takover proposal, so what does that mean for the social media company's users and investors? SBS Finance Editor Ricardo Gonçalves speaks with tech analyst Dan Ives from Wedbush in New York for more; plus Deep Data Analyics' Mathan Somasundaram explains why the sharemarket tanked more than 2 per cent.

SBS On the Money: Can you afford professional financial advice?

April 22, 2022 09:00 - 9 minutes - 9.13 MB

SBS Finance Editor Ricardo Gonçalves speaks with Angus Woods from Adviser Ratings on financial advice, plus Omkar Joshi from Opal Capital Management about why the sharemarket had its worst one day loss in about two months.

SBS On the Money: Foreign buyers return to Australian property

April 21, 2022 08:57 - 14 minutes - 12.8 MB

SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster, plus WaveStone Capital's Catherine Allfrey on the market's near record high; and Westpac's Justin Smirk compares consumer price rises between Australia and New Zealand.

SBS On the Money: Is Netflix about to stop password sharing?

April 20, 2022 09:01 - 11 minutes - 10.8 MB

For the first time in a decade, Netflix has lost subscribers. So, what's the streaming giant going to do about it? Hear from Curtin University's Tama Leaver, plus SBS Finance Editor Ricardo Gonçalves talks with Luke Laretive from Seneca Financial Solutions on the day on the markets.

SBS On the Money: RBA prepares for June rate rate

April 19, 2022 08:37 - 12 minutes - 11.4 MB

SBS Finance Editor Ricardo Gonçalves speaks with ANZ Senior economist Adeliade Timbrell to find out the likely timing of the first interest rate rise, plus Mahjabeen Zaman from Citi on the day on the markets.