SBS On the Money

SBS On the Money: Regional telco tie-up blocked & retail abuse laws introduced

21 Jun 2023

Contributed by Lukas

The Australian Competition Tribunal has backed ACCC's decision to block a tie-up between Telstra and TPG regional infrastructure on the basis of compe...

SBS On the Money: ASX hits two month high despite threat of higher interest rates

20 Jun 2023

Contributed by Lukas

The Australian share market is at a two-month high despite the ongoing threat of even higher interest rates. SBS Finance Editor Ricardo Gonçalves spe...

SBS On the Money: Record number of Aussies in work, US rate pause & China stimulates economy

15 Jun 2023

Contributed by Lukas

Australia's unemployment rate has fallen to 3.6% in May increasing the chances of more official interest rate rises. SBS Finance Editor Ricardo Gonça...

SBS On the Money: US inflation continues to ease & CSL's currencies warning

14 Jun 2023

Contributed by Lukas

US inflation continued to ease at an annual pace of 4 per cent, so is that enough to convince the US Federal Reserve to pause rising official interest...

SBS On the Money: Superannuation funds to offer financial advice & global markets rise

13 Jun 2023

Contributed by Lukas

The Federal Government has adopted 14 of the 22 recommendations in the Quality of Advice Review including expanding the scope of advice to superannuat...

Recession fears grow as a record number of people take on multiple jobs

09 Jun 2023

Contributed by Lukas

A growing number of experts are lifting their forecast for peak interest rates in Australia increasing the chances of a recession. SBS Finance Editor ...

SBS On the Money: The properties being purchased with cash

08 Jun 2023

Contributed by Lukas

A new report has found that a quarter of all residential property transactions were funded without a mortgage last year along the east coast of Austra...

SBS On the Money: Why the consumer is key to avoiding a recession

07 Jun 2023

Contributed by Lukas

Australia's economy continued to slow, expanding at just 0.2% in the March quarter as interest rate rises impact the consumer. SBS Finance Editor Rica...

SBS On the Money: RBA lifts official interest rates to highest since April 2012

06 Jun 2023

Contributed by Lukas

The Reserve Bank has lifted official interest rates to 4.1% in an attempt to return inflation to its target within a reasonable timeframe. SBS Finance...

Why the increase to the minimum wage may mean higher than expected interest rates

02 Jun 2023

Contributed by Lukas

The Fair Work Commission has approved a 5.75% rise to the minimum wage, but some economists fear that combined with stronger than expected inflation, ...

SBS On the Money: How to ask for a pay rise as few bosses are making inflation-matching offers

01 Jun 2023

Contributed by Lukas

Two-thirds of employers expect to offer workers a pay rise of 3 per cent or more according to a new survey by recruiters at Hays. Rhayna Bosch speaks ...

SBS On the Money: Inflation rises ahead of RBA interest rate decision

31 May 2023

Contributed by Lukas

The Reserve Bank will consider a rise in the monthly inflation indicator at an annual pace of 6.8% in April as it meets to discuss interest rate next ...

SBS On the Money: Consumers trading down but still flying

30 May 2023

Contributed by Lukas

Qantas says its upcoming ultra-long haul flights to Europe and North America will see $400m of earnings in the first full year it has all 12 aircraft ...

SBS On the Money: Investors welcome tentative US debt ceiling deal

29 May 2023

Contributed by Lukas

Global markets have rallied after a tentative deal by US lawmakers to lift its debt ceiling averting what could be a default in the world's largest ec...

SBS On the Money: The threats to the RBA's forecasts and record profits for ANZ and Macquarie

05 May 2023

Contributed by Lukas

The Reserve Bank has revised its forecasts for growth but still expects inflation to reach the top of its target band by 2025. SBS Finance Editor Rica...

SBS On the Money: Why NAB's record $4bn half year profit disappointed

04 May 2023

Contributed by Lukas

NAB has posted a 17% rise in half year profit to $4.07bn, but its shares, along with the rest of the banking sector, were punished. SBS Finance Editor...

SBS On the Money: Surprise RBA rate rise and Qantas names new CEO

02 May 2023

Contributed by Lukas

Qantas Chief Financial Officer Vanessa Hudson will take over from Alan Joyce as CEO when he retires at the end of the year. SBS Finance Editor Ricardo...

SBS On the Money: Further signs Australia's property market has already bottomed

01 May 2023

Contributed by Lukas

Australian house prices rose for a second consecutive month. Rhayna Bosch speaks with Tim Lawless from CoreLogic for more, plus SBS Finance Editor Ric...

SBS On the Money: Katie Perry v Katy Perry

28 Apr 2023

Contributed by Lukas

Australian fashion designer Katie Perry has won a trademark case against US singer Katy Perry - Rhayna Bosch speaks with the designer. Plus SBS Financ...

SBS On the Money: Inflation eases but prices for services at a 22 year high

26 Apr 2023

Contributed by Lukas

Australia's annual inflation rate has eased from a 30-year high to 7 per cent but while prices for goods are lower, services are climbing. SBS Finance...

SBS On the Money: Is the housing correction over?

24 Apr 2023

Contributed by Lukas

Westpac says the housing correction is largely over with interest rates near their peak while three other factors supports the bank's revised price fo...

SBS On the Money: RBA to create new separate board to oversee interest rates

20 Apr 2023

Contributed by Lukas

The government has backed all 51 recommendations into a review of the Reserve Bank. SBS Finance Editor Ricardo Gonçalves speaks with Tim Harcourt fro...

SBS On the Money: Younger people driving trend to high interest savings accounts

19 Apr 2023

Contributed by Lukas

NAB says more than half of all Australians are stashing their cash in high interest savings accounts, driven by those in the 18 and 29 year old bracke...

SBS On the Money: Rental management technology concerns

18 Apr 2023

Contributed by Lukas

Consumer group CHOICE says the increasing dominance of third-party rental platforms has discriminatory impacts on prospective tenants. Rhayna Bosch sp...

SBS On the Money: Australia's housing shortage and what can be done about it

17 Apr 2023

Contributed by Lukas

Housing supply is not lifting in line with demand and that'll mean higher rents for longer and underpin home price rises. SBS Finance Editor Ricardo G...

SBS On the Money: Why gold is nearing a record high

14 Apr 2023

Contributed by Lukas

The gold price has surged 12 per cent since March and is at a near record high. SBS Finance Editor Ricardo Gonçalves speaks with Julia Lee from State...

SBS On the Money: Hot jobs market may see RBA lift its finger from the rate pause button

13 Apr 2023

Contributed by Lukas

Australia's unemployment rate remained at 3.5 per cent in March, with a record number of people in work despite softening economic conditions. SBS Fin...

SBS On the Money: Top scams and how to spot them

11 Apr 2023

Contributed by Lukas

Scams are on the rise, so the Australian Banking Association has unveiled a new campaign to alert consumers to the dangers of scammers along with the ...

SBS On the Money: The RBA Governor's message to households following rate pause, and his warning to renters

05 Apr 2023

Contributed by Lukas

RBA Governor Philip Lowe has spoken for the first time after the board's decision to leave official interest rates on hold after 10 consecutive rate r...

SBS On the Money: The lag effect: Why the Reserve Bank paused its interest rate hiking cycle

04 Apr 2023

Contributed by Lukas

The Reserve Bank of Australia has decided to pause its interest rate rising cycle to assess the impact of its previous ten rate rises. SBS Finance Edi...

SBS On the Money: Home values rise despite higher interest rates

03 Apr 2023

Contributed by Lukas

Home values rose 0.6 per cent in March despite higher interest rates. Rhayna Bosch speaks with Tim Lawless from CoreLogic to explain why along with th...

SBS On the Money: Bank impersonation scams are rising, and becoming more sophisticated

30 Mar 2023

Contributed by Lukas

Bank impersonation scams are on the rise, with the ACCC saying victims lost more than $20 million last year. Ben Terry speaks with ACCC Deputy Chair C...

SBS On the Money: Chance of rate pause as inflation eases, but basics still expensive

29 Mar 2023

Contributed by Lukas

Inflation in February eased more than expected, to an annual rate of 6.8 per cent, increasing the chances of an interest rate pause from the Reserve B...

SBS On the Money: Are we spending more for less? Plus the lithium sector on fire

28 Mar 2023

Contributed by Lukas

Retail sales rose slightly in February, but are we spending more for less as inflation bites? SBS Finance Editor Ricardo Gonçalves speaks with Katrin...

SBS On the Money: Global rates continue to rise despite banking concerns

24 Mar 2023

Contributed by Lukas

The Bank of England was one of three central banks to lift interest rates overnight, so with more continuing to push higher despite the recent global ...

SBS On The Money: Why housing and construction costs are remaining high

23 Mar 2023

Contributed by Lukas

Brickworks CEO Lindsay Partridge warns that building costs will remain high because of a shortage of labour, especially electricians. SBS Finance Edit...

SBS On the Money: Dilmah Tea CEO on Sri Lanka's $4.3bn IMF bailout

22 Mar 2023

Contributed by Lukas

Sri Lanka will receive a $4.3bn bailout from the International Monetary Fund, but its economy still has a long way to go as much of its population end...

SBS On the Money: RBA mulls rate pause in April

21 Mar 2023

Contributed by Lukas

The RBA confirms in the minutes of its March board meeting that it is considering an interest rate pause in April, so SBS Finance Editor Ricardo Gonç...

SBS On the Money: Markets react to UBS buy of Credit Suisse

20 Mar 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans Financial Limited.

SBS On the Money: US banks band together to save another failing bank

17 Mar 2023

Contributed by Lukas

Eleven US banks have worked together to deposit US$30bn at smaller lender First Republic which had been caught up in the financial crisis triggered by...

SBS On the Money: Are we headed for another global financial crisis?

16 Mar 2023

Contributed by Lukas

Global markets have been rocked by further developments in the banking sector with Credit Suisse shares plummeting in Europe on Wednesday night after ...

SBS On the Money: Electricity prices set to rise by around 20%

15 Mar 2023

Contributed by Lukas

The Australian Energy Regulator has approved price rises of around 20 per cent for some New South Wales, South Australian and south-east Queensland cu...

SBS On the Money: Australian share market hits a 10 week low

14 Mar 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey to find out what's really concerning the market and if it is warranted, ...

SBS On the Money: Is the collapse of Silicon Valley bank concerning?

13 Mar 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management to find out more about why the bank failed and what it mea...

SBS On the Money: ASX has worst day since September 2022

10 Mar 2023

Contributed by Lukas

The Australian sharemarket has recorded its worst day in six months after fears of higher interest rates and a potential niche bank collapse in the Un...

SBS On the Money: Big ex-dividend day and slow Chinese inflation slows market

09 Mar 2023

Contributed by Lukas

The Australian sharemarket only finished marginally higher as some of the market's biggest companies trades ex-dividend. SBS Finance Editor Ricardo Go...

SBS On the Money: Is a pause in interest rate rises near?

08 Mar 2023

Contributed by Lukas

The Reserve Bank says it is getting closer to a point where it may pause lifting interest rates should data warrant it. Hear what Governor Philip Lowe...

SBS On the Money: Economy and house price declines slow

01 Mar 2023

Contributed by Lukas

The Australian economy expanded by a less than expected 0.5% in the December quarter, but it still remains one of the best performing advanced economi...

SBS On the Money: Retail rebounds but troubles ahead

28 Feb 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with Oreana Group Chief Investment Officer Isaac Poole for more; plus SEEK Senior economist Matt Cowgill ...

Home loan serviceability buffers maintained

27 Feb 2023

Contributed by Lukas

APRA has maintained the interest rate buffer banks need to apply when assessing new borrowers. SBS Finance Editor Ricardo Gonçalves speaks with Sam G...

SBS On the Money: Gender pay gap narrows

24 Feb 2023

Contributed by Lukas

Australia's gender pay gap has narrowed to a record low of 13.3% but that still means for every $1 men make, women make 87 cents. SBS Finance Editor R...

SBS On the Money: Qantas posts record profit but airfares stay high

23 Feb 2023

Contributed by Lukas

Qantas returned to profit with a record $1.34 billion underlying earnings result despite years of losses during the pandemic.

On the Money: Real wages continues to decline and why airfares may ease

22 Feb 2023

Contributed by Lukas

Wages grew at the fastest annual pace in nearly a decade, but with inflation running at more than double that, real wages has gone backward. SBS Finan...

SBS On the Money: BHP profit falls, but dividend is fifth highest ever

21 Feb 2023

Contributed by Lukas

BHP has posted a 32 per cent fall in half year profit, but CFO David Lamont tells SBS Finance Editor Ricardo Gonçalves he sees green shoots in China ...

SBS On the Money: CEO Series with Bendigo and Adelaide Bank as well as nib group

20 Feb 2023

Contributed by Lukas

Bendigo and Adelaide Bank CEO Marnie Baker tells SBS Finance Editor Ricardo Gonçalves how the bank's customers are set to cope with what she expects ...

SBS On the Money: Changes to the way you can make work from home deductions

17 Feb 2023

Contributed by Lukas

The ATO has made some changes to the way you can claim work from home tax deductions, and you may not even need a home office to benefit. Rhayna Bosch...

SBS On the Money: How inflation is hitting Telstra, Domain and the jobs market

16 Feb 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with Angela Jackson from Impact Economics and Policy Economics plus Telstra CFO Michael Ackland as well a...

SBS On the Money: CEO SERIES: Matt Comyn, Commonwealth Bank and Dig Howitt, Cochlear

15 Feb 2023

Contributed by Lukas

The Commonwealth Bank has posted a record half-year cash profit as net interest margins rise, so SBS Finance Editor Ricardo Gonçalves speaks with CEO...

SBS On the Money: Rates to peak higher at 4.1per cent?

14 Feb 2023

Contributed by Lukas

NAB is the latest to lift its prediction for a peak in official interest rates to 4.1% even as Westpac's Consumer Sentiment Index falls to historic lo...

SBS On the Money: Why retailers will be further discounting

13 Feb 2023

Contributed by Lukas

This is the start of a busy week with RBA Governor Philip Lowe set to speak publicly for the first time since mid-December, while jobs data in Austral...

SBS On the Money: Middle-aged households wipe excess savings

08 Feb 2023

Contributed by Lukas

UBS says middle-age households have wiped their excess savings at a time where cost of living pressures build following a ninth consecutive Reserve Ba...

RBA lifts interest rates again, and hints at more to come

07 Feb 2023

Contributed by Lukas

The Reserve Bank has lifted official interest rates by 25 basis points to 3.35% in February and says more are still needed to temper inflation. SBS Fi...

SBS On the Money: Are global interest rates close to their peaks?

03 Feb 2023

Contributed by Lukas

The Bank of England and European Central Bank have followed the US Federal Reserve in lifting interest rates just as the Reserve Bank of Australia pre...

SBS On the Money: Property prices fall fastest and hardest since 1980

01 Feb 2023

Contributed by Lukas

CoreLogic says national prices fell 8.9% since peaking in April, making it the hardest and fastest period of declines since 1980 when its records bega...

SBS On the Money: Investigation launched into social media influencers who mislead Australian consumers

27 Jan 2023

Contributed by Lukas

Social media influencers are being warned to be transparent when posting paid content because the ACCC is currently sweeping through hundreds of accou...

SBS On the Money: Inflation's 32-year high increases chances of further rate rises

25 Jan 2023

Contributed by Lukas

Annual inflation edged to 7.8 per cent in the December quarter but has broadened to wider parts of the economy, adding to fears, it may have more to r...

SBS On the Money: Business report shows easing inflationary pressures

24 Jan 2023

Contributed by Lukas

The NAB Business Survey continues to show a fall in conditions as businesses fear a slowdown in economic activity will impact on their operations, but...

SBS On the Money: Jobs market reaches a turning point

19 Jan 2023

Contributed by Lukas

The Australian economy lost 14,600 jobs in December, despite the unemployment rate remaining at 3.5%. SBS Finance Editor Ricardo Gonçalves speaks wit...

SBS On the Money: India on track to overtake China as the world's most populous nation

17 Jan 2023

Contributed by Lukas

India is on track to become the world's most populous nation after China recorded a 850,000 person decline in its population in 2022, so SBS Finance E...

SBS On the Money: Australian dollar cracks US70c for first time since August

16 Jan 2023

Contributed by Lukas

The Australian dollar has broken through the US70c mark for the first time since August, so SBS Finance Editor Ricardo Gonçalves speaks with George B...

SBS on The Money: Why US inflation may cause global central banks to reassess interest rates

16 Jan 2023

Contributed by Lukas

US inflation came in softer than expected at 6.5 per cent for the year, so SBS Finance Editor Ricardo Gonçalves speaks with KPMG Chief Economist Dr B...

SBS On the Money: Does your business have a disaster plan?

12 Jan 2023

Contributed by Lukas

Only one in four small businesses have a disaster plan which would help ease the pressure when things like floods or fires hit, but governments and th...

SBS On the Money: Inflation returns to a 32-year high

11 Jan 2023

Contributed by Lukas

Inflation, job vacancies and record retail sales point to more rate hikes to come. The November CPI Indicator returned to 7.3 per cent annually, and w...

SBS On the Money: The 4 day working week and market analysis

10 Jan 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with Tony Sycamore from IG Markets for his take on the day on the markets.

SBS On the Money: Property prices fall fastest and hardest on record

09 Jan 2023

Contributed by Lukas

Home values have fallen 8.4 per cent in eight months, so what now for the property market?

SBS On the Money: Why you should know your super balance

06 Jan 2023

Contributed by Lukas

A new report shows only one in four Australians know their super exact super balance, and of those, 54 per cent say their in an above average performi...

SBS On the Money: China's reopening and Australia's agriculture issues

05 Jan 2023

Contributed by Lukas

China's reopening is sending mixed messages to investors, with some concerned about the way the nation will manage its quick lifting of restrictions a...

SBS On the Money: Is Tesla powering down?

04 Jan 2023

Contributed by Lukas

Tesla shares fell 12 per cent in the US overnight, and is down more than 70 per cent over the past year, despite a 40 per cent lift in deliveries. Are...

SBS On the Money: Largest calendar year fall in property prices since GFC

03 Jan 2023

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with CoreLogic's Tim Lawless for more; plus Stuart Roberts from Stocks Down Under on the day on the marke...

SBS On the Money: Is the Santa rally real?

23 Dec 2022

Contributed by Lukas

The Australian share market fell 3.5 per cent in December, so if investors were waiting for a 'Santa Rally', they would have been disappointed. SBS Fi...

SBS On the Money: What you need to know about gift cards, and China's COVID recovery

22 Dec 2022

Contributed by Lukas

As the Christmas rush approaches, many people will opt for gift cards as present option, so what do you need to know about them? SBS Finance Editor Ri...

SBS On the Money: More homes being sold at a loss

21 Dec 2022

Contributed by Lukas

CoreLogic says the proportion of homes being sold at a loss is rising. SBS Finance Editor Ricardo Gonçalves speaks with Eliza Owen to find out more; ...

SBS On the Money: David Jones returning to Australian ownership

20 Dec 2022

Contributed by Lukas

Woolworths South Africa is selling David Jones to Anchorage Capital Partners returning it to Australian ownership. SBS Finance Editor Ricardo Gonçalv...

SBS On the Money: The economics of the FIFA World Cup in Qatar

19 Dec 2022

Contributed by Lukas

Argentina may have won the 2022 FIFA World Cup, but did host nation Qatar take out the title for best economic performer? SBS Finance Editor Ricardo G...

SBS On the Money: Super funds taking too long to respond to complaints

09 Dec 2022

Contributed by Lukas

ASIC says some superannuation funds are taking longer than the 45 day maximum to respond to member complaints. SBS Finance Editor Ricardo Gonçalves s...

SBS On the Money: What's in store for property in 2023?

08 Dec 2022

Contributed by Lukas

Property prices are set to continue to moderate next year, while billions of dollars worth of fixed-term loans will expire. SBS Finance Editor Ricardo...

SBS On the Money: Australia's economy slows, is a recession on the cards?

07 Dec 2022

Contributed by Lukas

Surging inflation and higher interest rates are biting in the Australian economy which expanded a less than expected 5.9 per cent over the year, so SB...

SBS On the Money: RBA lifts rates to a 10 year high, have they peaked?

06 Dec 2022

Contributed by Lukas

The Reserve Bank has lifted official interest rates for an eighth consecutive month to 3.1 per cent so are they reaching a peak and will it tip Austra...

SBS On the Money: Youth suffered during COVID

05 Dec 2022

Contributed by Lukas

A report shows the struggles and benefits of the COVID-19 pandemic plus SBS Finance Editor Ricardo Gonçalves discusses the day's market moves with Da...

SBS On the Money: The world's most expensive cities

02 Dec 2022

Contributed by Lukas

SBS Finance Editor Ricardo Gonçalves speaks with Upasana Dutt from the Economist Intelligence Unit in India to find out who topped the expensive citi...

SBS On the Money: US rates to rise less aggressively

01 Dec 2022

Contributed by Lukas

Global markets have rallied as the US Federal Reserve Chair signalled a less aggressive interest rates hiking path may be upon investors, so SBS Finan...

SBS On the Money: Has inflation in Australia peaked?

30 Nov 2022

Contributed by Lukas

A new measure of inflation suggest consumer prices have eased, but SBS Finance Editor Ricardo Gonçalves speaks with CBA Chief Economist Stephen Halma...

SBS On the Money:Why property prices may rise in 2023

29 Nov 2022

Contributed by Lukas

SQM Research expects national property values may rise as much as 7 per cent in 2023. SBS Finance Editor Ricardo Gonçalves speaks with founder Louis ...

SBS On the Money: How 'bracketing' is hurting small online retailers as industry sales fall

28 Nov 2022

Contributed by Lukas

Retail sales fell for the first time this year as the impact of seven interest rate rises in a row starts to hit the consumer. SBS Finance Editor Rica...

SBS On the Money: Lowest paid jobs seeing biggest rise in advertised salaries

25 Nov 2022

Contributed by Lukas

SEEK says lower paid jobs have seen the biggest rise in advertised salaries, but Deloitte adds blue collar workers will start seeing a moderation in j...

SBS On the Money: Telco complaints fall but cyber issues rise

24 Nov 2022

Contributed by Lukas

Mobile complaints about the unauthorised disclosure of personal information were fives times higher in the September quarter so SBS Finance Editor Ric...

SBS On the Money: Deadline looms to apply for Director ID

23 Nov 2022

Contributed by Lukas

There is just one week left for Australia's 2.5 million company directors to apply for a mandatory Director ID, so SBS Finance Editor Ricardo Gonçalv...

SBS On the Money: Is Prosecco in Australia under threat?

22 Nov 2022

Contributed by Lukas

Australian wine producers have taken their case to Parliament House in Canberra as the right to use the name Prosecco comes under threat. Just like Ch...

SBS On the Money: Government considers buy now pay later regulation

21 Nov 2022

Contributed by Lukas

The government has issued an options paper to discuss possible regulation of the buy now pay later industry. SBS Finance Editor Ricardo Gonçalves spe...

SBS On the Money: ASX adds $65bn as US inflation softer than expected

11 Nov 2022

Contributed by Lukas

The Australian sharemarket surged as US inflation rose by a less than expected 7.7% annually, so SBS Finance Editor Ricardo Gonçalves speaks with Ord...