ABC Business Daily

The world economy is being pulled in several directions at once.

The war between the US and Iran has flared again, while fears are growing about what a wider escalation in Russia’s war on Ukraine could mean for energy, trade and global markets.

In this special episode of ABC Business Daily, Carrington Clarke is joined by Madison Cartwright, a geopolitical and geo-economic analyst who’s now at Commonwealth Bank, to unpack what he is watching - and what it could mean for Australia.

And amid all of that, there’s a fresh read on the Australian economy, with new GDP figures showing how growth is tracking and adding another piece to the puzzle ahead of the RBA’s next interest rate decision.

Catch up on the political impacts of the GPD result on our sister podcast, Politics Now, here.

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.

"No one wants to catch a falling knife."

Australia’s property market is shifting fast. Home values have now fallen for five months in a row, buyer activity is down, auction results are softening, and 93 per cent of capital city suburbs recorded price falls through winter.

But falling prices do not mean the same thing for everyone. For some buyers, it could mean opportunity. For sellers and heavily indebted households, the pressure is building.

Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.

Read David Taylor's analysis on the latest property data here.

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.

September is shaping up as a big month for interest rates.

In the US, Kevin Warsh is talking tough on inflation, while here at home three of the big four banks now think the RBA could hike again - potentially as soon as next month.

So are borrowers on both sides of the Pacific about to be slugged again? And what would that mean for an Australian property sector already under pressure, as the fallout from Bathla Group’s multi-billion-dollar collapse continues?

Carrington Clarke and ABC News Business Editor Michael Janda 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.

YouTube, TikTok and Instagram are full of "content creators", but very few turn it into a profitable business.

Brisbane comedy duo, Marty and Michael, got their start doing silly stunts on Facebook. More than a decade later, they have nine staff and 13 million followers across social media platforms. They've worked with US "Jackass" comedians and built a brand from that same style of fearless comedy.

Marty and Michael join Alan Kohler to discuss the highs and lows (and there have definitely been some lows) of building a comedy empire. They chat about building an audience, making money from content and the challenges of turning social media into a sustainable career.

Got a burning business question?

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

Got a burning business question?

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

There’s been a dramatic shift in interest rate predictions among some of Australia’s biggest banks today with CBA joining ANZ in predicting we’ll get a hike in November. NAB says the RBA likely to act next month.

So is more borrower pain all but certain to deal with Australia’s inflation problem? 

And in the US, Meta has tried to minimise its pain by settling a massive court case avoiding the ignominy of their CEO being forced to take the stand, but is this the end of their legal woes? 

Carrington Clarke and 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.

Got a burning business question?

Send a short voice recording to Carrington and the team at [email protected]

OR

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 data out today shows prices are rising slower than they were earlier in the year, but still well above the Reserve Banks target. So does that mean the Reserve Bank might be forced to hike rates even further? 

And Canada has loaded its tariff cannon to aim at its southern neighbour… will it light the fuse? 

Carrington Clarke and Diana Mousina, Deputy Chief Economist at AMP 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.

Got a burning business question?

Send a short voice recording to Carrington and the team at [email protected]

OR

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.

US Treasury Secretary Scott Bessent has announced a series of measures which he says will cause the ‘economic asphyxiation’ of Iran, including going after other countries that do trade with the Middle East power.

But with no end in sight to the ongoing global energy crisis, a wave of secondary food shortages are cresting on the horizon.  

So how is this affecting the economics of Australian farming? 

And how vulnerable are global food supplies?

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

You can read Ian's analysis on fuel and food shortages here.  

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.

Trade talks between the US and Canada broke down over the weekend, meaning a raft of Canadian products are now facing a higher tax slug. 

Canadian Prime Minister Mark Carney says Canada will retaliate against the US “dollar for dollar.”

And meanwhile the Australian dollar has been gaining value against the greenback for eight weeks in a row. 

But is the Australian dollar really getting stronger? Or is the US dollar just getting weaker?

Carrington Clarke and ABC News Business Editor Michael Janda 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.

As a podiatrist, Anna Baird spent a lot of time thinking about feet. In 2008, she wanted to be able to recommend comfortable and fashionable shoes to her clients and when she couldn’t find ones she liked, she decided to make them herself.

In this episode, Alan Kohler sits down with Anna Baird, founder and CEO of Bared Footwear, to unpack the story behind one of Australia’s most distinctive shoe businesses. 

They discuss the highs and lows of building a business from scratch, the realities of scaling a retail brand, the importance of customer loyalty and how Baird’s podiatry background continues to influence every pair of shoes Bared makes.

Got a burning business question?

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

There’s been a stream of news out of the banking sector - from earnings results to plummeting home loan applications to AUSTRAC’s investigation into mortgage fraud. 

So Carrington has called on Brian Johnson, Senior Banks Analyst at MST Financial, to unpack it all. 

What to make of banks' AI uptake? And just how much does the banking sector spend on staffing costs?

Also why are Australian bank shares so expensive? 

And what in the world is ''horse-o-nomics'? 

You’ll have to listen to find out.

Carrington Clarke and Brian Johnson, Senior Banks Analyst at MST Financial 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.