ABC Business Daily

The cost of the Firmus fiasco continues to be counted, with Maas Group paying a heavy price for its connection to the Australian AI startup. 

So, how much wider is the pain likely to be felt across the economy?

And where to now, for the biggest trade in global AI markets?

Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

It was the 44 billion dollar float that flopped. 

AI startup Firmus has dramatically pulled the plug on what was supposed to be the second biggest listing in ASX history.  So what went wrong? Who is left "holding the bag"?

And what does the decision tell us about investor appetite for all things AI?

Carrington Clarke and James Thomson, senior Chanticleer columnist at the Australian Financial Review, break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Booms, busts and everything in between — for more than half a century, finance journalist Alan Kohler has had a front-row seat to the Australian economy.

For his final episode hosting That's Business, we're changing things up. Alan swaps the host's chair for the hot seat to reflect on what 50 years of reporting on money, markets and business has taught him.

What were the best and worst economic policies of his time? What has Alan got wrong? And if he could start all over again — would he do anything differently?

Carrington Clarke sits down with Alan Kohler to unpack it all on That's Business with Alan Kohler.

Migration is dominating the headlines, with the Coalition promising the biggest cut to immigration in Australia’s history — a policy opposition leader Angus Taylor has called "budget neutral". 

But what are the economic questions behind student visa numbers, skilled worker contributions, and pressures on the Australian property market?

And just how should economics shape decisions about migration?

Carrington Clarke and Professor Robert Breunig, Director of the Tax and Transfer Policy Institute at the ANU, break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

It’s no surprise that people are feeling bad about the economy and their finances. 

But the latest look into consumer sentiment from the Westpac-Melbourne Institute’s index, reveals Australians are experiencing what the bank describes as a ‘cost-of-living nightmare.’

Meanwhile, you may have noticed the price of your morning cup of coffee has gone up as small businesses raise prices in the wake of the RBA’s surcharge ban. 

So what does the ban mean for businesses? And consumers?

Carrington Clarke and ABC Business Reporter Lin Lin break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The Australian stock market could be set for its second biggest IPO in history, with Firmus, the data-centre builder and operator, looking to tap the market for billions. 

So does the business case stack up?

Meanwhile, Australians across the country are adjusting to last week’s rate hike in an economy with inflation still higher than the RBA would like. The central bank says it hopes to avoid recession as it tries to tame price rises. 

But what lessons can be learned from previous economic cycles?

Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.

You can check out Ian's recent analysis pieces on Firmus and recession talk. 

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The surge in electric vehicle sales seems here to stay, as Australians look for alternatives to petrol-powered cars and the global energy crisis pushes prices at the bowser higher still. 

But with fewer drivers paying the fuel excise, what does this mean for government revenue? 

And what are the economics behind taxing vehicles on our roads?

Carrington Clarke and the e61 Institute's Amy Tramontozzi break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Commonwealth Bank is Australia’s biggest bank and its second-biggest company. 

One in three Australians are CommBank customers, giving it an enormous influence over the Australian economy.

Matt Comyn has been CBA’s CEO since 2018 and has been named by the Australian Financial Review as the most powerful person in corporate Australia. 

Now, with Australians watching closely for what happens to interest rates amid a still-high cost of living, Matt Comyn joins Alan Kohler on That’s Business to discuss rates, AI, productivity and the future of Australian banking. 

Got a burning business question?

Send a short voice recording to the ABC Business Daily team at [email protected]

It’s health-check day for the Australian financial system, with the release of the Financial Stability Review from the Reserve Bank. 

And despite inflation still well above target, a fourth interest rate hike this year and the downturn in the property market, the RBA seems most concerned about what’s happening overseas.

So why is the AI investment boom's increasingly opaque funding on the RBA’s radar - and what else are they watching?

Carrington Clarke and ABC Finance Journalist Alicia Barry break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Fresh inflation figures from the Australian Bureau of Statistics give us a look under the hood of an economy running hot. 

So just what is keeping inflation higher than the RBA would like? 

How does this fresh data affect the odds of a further rate hike in November?

And how are central banks responding to the global bond market?

Carrington Clarke and Paul Bloxham HSBC’s Chief Economist for Australia, New Zealand, and Global Commodities, break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.