Money News

In a big day for the banks, Commonwealth Bank confirmed that its CEO Matt Comyn would extend his time in the top job.

MARKET WRAP:

• ASX200: up 1.03% to 8,990
• GOLD: $4,216/oz
• BITCOIN: $173,249

CURRENCY UPDATE:

• AUD/USD: 65.2 US cents
• AUD/GBP: 48.8 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 98 Yen
• AUD/NZD: 1.13 NZ dollars

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With the government opening up its coffers for a range of bailouts to private businesses, is the era of neoliberalism over?

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The banks did the heavy lifting to take the market forward, with significant news out of Commbank and BoQ

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Uranium and critical minerals are in hot demand, with the US and China at loggerheads over who has access to the product. So can Australia win out?

MARKET WRAP:

• ASX200: up 0.19% to 8,899
• GOLD: $4,140/oz
• BITCOIN: $173,406

CURRENCY UPDATE:

• AUD/USD: 64.6 US cents
• AUD/GBP: 48.7 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 98 Yen
• AUD/NZD: 1.13 NZ dollars

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The Reserve Bank is still cautious about the threat from inflation

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The RBA is wary of inflation, so could this be the end of our rate cut hopes?

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Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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