Money News

A boost in retail spending across the last month has increased the chance of rate hikes in early 2026. Not great for rate-sensitive sectors on the ASX today, but the market was helped by a jump in copper & silver prices.

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Host: Brooke Corte

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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With extra bedrooms freeing up in Australian households, could this present both an investment opportunity and a solution to our housing crisis?

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The Aussie dollar has risen against the greenback, which could be good for travellers, but not so much for commodity producers which tend to sell in US dollars

MARKET WRAP:

• ASX200: up 0.18% to 8,595
• GOLD: $4,204/oz
• BITCOIN: $141,254

CURRENCY UPDATE:

• AUD/USD: 65.8 US cents
• AUD/GBP: 49.7 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 102 Yen
• AUD/NZD: 1.14 NZ dollars

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A boost for business investment, particularly through growth in data centres helped GDP rise over the third quarter.

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Australia's GDP grew at 0.4% for the last quarter, and 2.1% for the last year - again adding another headache for the RBA's next cash rate decision.

See omnystudio.com/listener for privacy information.

Host: Brooke Corte

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.