ABC Business Daily

Tech titan Meta, the parent company of Facebook, Instagram, and WhatsApp, is defending itself in US court against claims that it designed deliberatively addictive products aimed at children. 

What’s at stake in this bellwether case? And what happens if Meta loses?

And financial intelligence agency AUSTRAC has made hundreds of referrals to authorities in connection with an investigation that has uncovered what the regulator is calling 'coordinated mortgage fraud.’   

So just how big a problem is it? And what happens next?

Carrington Clarke and ABC Business Reporter Steph Chalmers 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 yield on thirty-year US Treasury bonds is the highest it’s been in nearly two decades. 

So why are investors demanding a higher return in exchange for lending money to the US government? And why should Australians pay attention?

And as Australian property prices fall, what can we learn from our commonwealth cousins - New Zealand and Canada - about the risks of a bursting property bubble?

We also answer another listener question - this time about bankrupt businessman Jon Adgemis. 

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.

Host Carrington Clarke is back in the hosting chair to discuss the news that some of Australia’s gig workers now have a new safety net in place - with a new wage floor and insurance protections that come into effect today. 

But how will this affect the hundreds of thousands of independent contractors across the country? And what will it mean for delivery costs?

And national preliminary auction clearance rates are the highest they’ve been in months.

Does this mean the property market is starting to strengthen? Or is the picture more complicated?

And we answer a property-related listener question.

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.

What if farmers could herd cattle with a swipe of their smartphone?

Craig Piggott, founder and CEO of tech company Halter, has done just that - developing cattle collars that let farmers manage their herds via virtual fences.    

Craig joins Alan to talk about growing up on a New Zealand farm, how the collars work, why company culture is so important to the startup, and after expansions to the US and Australia, which worldwide markets Halter has its sights set on next.

And Alan asks whether Halter's collars can help stem generational attrition in farming families. 

Craig Piggott, founder and CEO of Halter, joins Alan Kohler to unpack it all on That's Business with Alan Kohler.

Got a burning business question?

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

A more than two-billion-dollar bailout is on the way for Tomago, Australia’s largest aluminium smelter. 

It’s a move that Prime Minister Anthony Albanese says will secure jobs and sovereign capability for the Australian economy.

So what do we know about who will foot the bill? And what questions does this raise about the costs of decarbonisation?

And what to make of earnings results from corporate heavyweights Telstra, Origin and Insurance Australia Group after outages, data leaks and accusations of price gouging. 

Michael Janda 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 the team at [email protected] and we'll attempt to answer it.

Commonwealth Bank earnings are in – and in the billions – an increase from last year’s results that exceeds expectations for the banking behemoth. 

But what to make of the dip in mortgage applications that CBA and other banks are reporting?

And how are the banks, and the RBA, looking at persistently weak productivity in the Australian economy?

Steph Chalmers and ABC Business Correspondent David Taylor 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 the team at [email protected] and we'll attempt to answer it.

It’s official: the Reserve Bank has held the cash rate - a decision in line with most economists' expectations and the market pricing. 

But how does this hold fit into the RBA's view of the wider economy?

Is it a sigh of relief from the bank’s board members? Or are they watching risks and wondering about raising rates again?

Michael Janda 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 the team at [email protected] and we'll attempt to answer it.

The RBA’s interest rate setting board kicks off its meeting today, to decide which way rates will go. What’s behind the widely held expectations that the central bank will hold rates steady when it announces its decision tomorrow?

And oil prices continue to fluctuate as uncertainty persists in the Strait of Hormuz. But what explains the gap between the price of Brent crude and petrol prices throughout the world?  

And what could millions of Australians be missing about their super funds?

Steph Chalmers and ABC Business Reporter Lin Lin break it all down on ABC Business Daily.

You can check out Nassim Khadem’s piece on superannuation 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 the team at [email protected] and we'll attempt to answer it.

Alan Joyce spent two decades working for Qantas including fifteen years as CEO.

He was one of Australia's most influential CEOs and had a pay packet to match.

By the time he left the airline, Qantas had suffered huge reputation damage, thanks to job losses and the “ghost flights” controversy which infuriated many Australians during COVID. 

In this conversation on That's Business with Alan Kohler, Alan Joyce reflects on his  time at the helm of Australia's national carrier. From navigating the global financial crisis and the COVID-19 pandemic to confronting intense public scrutiny, Joyce discusses the decisions that shaped Qantas and the lessons he's taken from them.

Got a burning business question?

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

GUEST joins Alan Kohler to unpack it all on That's Business with Alan Kohler.

Got a burning business question?

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

Some of Australia's leading economic and financial commentators have had their X accounts hacked with the hacker then using their accounts to post about apparent crypto investment riches.

Meanwhile Australian silicon company Simcoa is leaving the US critical minerals market after being slapped with a massive tariff by the Trump administration. 

Who else has landed in America’s customs cross hairs? And where does that leave the multi billion dollar critical minerals deal between Australia and the US?

And analysts are becoming increasingly worried about tech investor confidence with the credit default swap market reaching record highs.   

So what is a credit default swap? And what’s the deal with this debt financing?

Michael Janda and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.

You can check out David Taylor’s piece on the credit default swap market 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 the team at [email protected] and we'll attempt to answer it.