Money News

The gold price surged to yet another record, so why haven’t super funds been taking on the precious metal as a solid investment option?

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Qantas saw its share price fell as it faced ransom demands from cyber hackers, who threatened to release stolen data from the company.

MARKET WRAP:

• ASX200: down 0.1% to 8,947
• GOLD: $4,038/oz
• BITCOIN: $185,762

CURRENCY UPDATE:

• AUD/USD: 65.7 US cents
• AUD/GBP: 48.9 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 100 Yen
• AUD/NZD: 1.14 NZ dollars

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How can we balance making the renewable transition, keeping energy prices low, keeping manufacturing alive & should the taxpayer should be investing in failing businesses?

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The cost of energy has hit manufacturers hard, but who's to blame? 

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Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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Fast fashion has been accused of being wasteful, but a new company is using AI for made-to-order garments.

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The ASX appears to be running out of momentum and hasn’t followed US markets back to record highs. So what are the next set of catalysts for the ASX?

MARKET WRAP:

• ASX200: down 0.27% to 8,956
• GOLD: $3,945/oz
• BITCOIN: $187,755

CURRENCY UPDATE:

• AUD/USD: 65.9 US cents
• AUD/GBP: 49.1 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 99 Yen
• AUD/NZD: 1.13 NZ dollars

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A drop in consumer confidence has been observed after a rise in inflation and tougher talk on rate cuts in recent weeks.

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Australians are putting more on the credit card, adding $177 million worth of debt in August.

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The Australian share market was lower again, with consumers sentiment numbers from Westpac also heading in the wrong direction.

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