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The Business

ABC (Australia)

The day's business and finance news, with the latest trends on international share and currency markets, pointing to what Australians can expect in the day ahead.

Location:

Melbourne, VIC

Description:

The day's business and finance news, with the latest trends on international share and currency markets, pointing to what Australians can expect in the day ahead.

Language:

English

Contact:

ABC Radio National Breakfast GPO Box 9994 Melbourne 3001 (02) 8333 1367


Episodes
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The growing push for more income tax reform | The Business | ABC News

10/17/2022
There is a growing push for more comprehensive tax reform from experts and the parliamentary crossbench.

Duration:00:04:00

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Xi Jinping set to become the most powerful leader since Mao

10/14/2022
Australia's former ambassador to China, Dr Geoff Raby says China's economy is flagging and Xi Jinping has made a number of serious policy miscalculations.

Duration:00:06:33

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UK bond market chaos 'an accident hiding in plain sight

10/13/2022
NAB Chief Currency Strategist Ray Attrill says the "left-field" UK bond market turmoil has sparked fears other issues with the potential to impact global financial markets could also be lurking below the surface.

Duration:00:05:42

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The COVID dilemma now facing Australia's casual workers

10/13/2022
There are concerns casual workers not entitled to sick pay will hide COVID-19 symptoms and continue going to work now subsidies for most of them are ending.

Duration:00:03:26

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Proposed financial advice regulations could erode consumer protections

10/12/2022
An overhaul of financial advice could make it more affordable and easier to access, but critics say it will also unwind decades of consumer protections.

Duration:00:03:31

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Australia to be spared a recession during looming global downturn, says IMF

10/12/2022
IMF Division Chief Harald Finger says a third of the world is headed for recession, but Australia will be spared the worst of the global downturn next year.

Duration:00:11:16

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"Blood sport" for investors in post-COVID AGMs

10/11/2022
The are calls for a combination of in-person and online company annual general meetings to become the norm as Australia emerges from the pandemic.

Duration:00:03:17

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Think petrol is expensive now? It's about to become even more so.

10/10/2022
The price of petrol is set to rise further, with the end of the fuel excise reduction last month yet to flow through to most bowsers. OPEC's decision to cut oil production will also push the price up further.

Duration:00:03:04

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At least one more interest rate hike coming, CBA economist says

10/7/2022
CBA's head of Australian economics Gareth Aird says the bank expects another rate hike but they don't have "much further to run".
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The looming climate subprime mortgage crisis

10/6/2022
Homeowners are being warned about difficulties of getting mortgages on properties at the highest risk of extreme weather events.
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Aussie dollar predicted to fall against the greenback, as Fed continues to hike rates

10/5/2022
A higher US dollar isn't great news for global trade, but some Australian businesses and travellers have reason to smile.
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Central banks run risk of triggering a recession, says BlackRock strategist

10/5/2022
BlackRock's chief investment strategist for the Asia Pacific, Ben Powell says if central banks lift rates too aggressively to fight inflation, they risk causing a recession.
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Major banks raise mortgage rates as RBA slows pace of its hikes

10/4/2022
The RBA has slowed the pace of interest rate rises, with the sixth straight hike being 0.25 of a percentage point. The big four banks are passing the rate hike on to borrowers in full.
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House prices fall for fifth straight month as interest rates bite

10/3/2022
Interest rate hikes are continuing to hit the property market, with capital city housing markets falling by up to 6 per cent in the past three months.
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Interest rates tipped to hit 4.5% in 2023, say ACY Securities economist

10/3/2022
ACY Securities chief economist Clifford Bennett says the Reserve Bank has lifted the cash rate too hard and too late.
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Annual inflation hits 30-year high

9/29/2022
New data from the ABS shows consumer prices rose 6.8 per cent in the year to August, slightly down from 7 per cent in the 12 months to July.
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BoE urgent action over UK financial crisis just a band-aid

9/29/2022
UK government's mini-budget sparks financial market collapse, forcing Bank of England to launch emergency measures.
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Fuel prices set to jump after excise ends

9/28/2022
Motorists are set for an increase of 25 cents per litre on fuel when the excise reduction ends - and prices could increase even more before the Christmas holidays.
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Buying opportunities in the US bear market

9/28/2022
Morningstar chief market strategist Dave Sekera says while the stock market slide has many traders running for the exit, now is the time to buy.
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The barriers for EV owners living in apartments

9/27/2022
As the government looks to boost the number of Australians driving electric vehicles, experts say there's a dilemma that could hold uptake back.