Money News

Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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The government will look to implement local quota rules for streaming services hoping to protect jobs in the media industry.

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NAB has posted a $7.1 billion cash profit for the last financial year, but lost ground on the market after disappointing investors.

MARKET WRAP:

• ASX200: up 0.30% to 8,828
• GOLD: $4,012/oz
• BITCOIN: $158,706

CURRENCY UPDATE:

• AUD/USD: 65.1 US cents
• AUD/GBP: 49.8 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 100 Yen
• AUD/NZD: 1.15 NZ dollars

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A year to the date of Donald Trump’s re-election, his signature economic policy of tariffs has been challenged in the Supreme Court.

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The local market edged higher, helped by a better day for Materials stocks.

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Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

See omnystudio.com/listener for privacy information.

With the rise in artificial intelligence, should companies be looking to implement a Chief AI Officer into their executive leadership teams?

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Data centres are the hype of the market while AI continues to grow, but will a signal from the boss of Goodman Group pour cold water on its growth?

MARKET WRAP:

• ASX200: down 0.13% to 8,802
• GOLD: $3,963/oz
• BITCOIN: $157,150  

CURRENCY UPDATE:

• AUD/USD: 64.9 US cents
• AUD/GBP: 49.8 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 99 Yen
• AUD/NZD: 1.14 NZ dollars

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ASIC is running its eye over private credit, with the $200 billion industry primed for growth, but still with concerns over risks.

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ASIC has laid out its findings into the private credit industry, as it looks to balance the risks with growth opportunities.

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