Money News

Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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Infrastructure group Service Stream was the big mover on the day, after landing a government contract that takes them into the defence space.

MARKET WRAP:

• ASX200: down 0.3% to 8,805
• GOLD: $3,624/oz
• BITCOIN: $172,604

CURRENCY UPDATE:

• AUD/USD: 66.1 US cents
• AUD/GBP: 48.9 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 97 Yen
• AUD/NZD: 1.11 NZ dollars

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Radio stations may soon have AI-generated hosts, with ARN asking its listeners whether or not they really care…

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Productivity has slipped in the mining and energy sectors, but the billion companies involved don’t seem to be turning to the use of AI quite yet.

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The market has closed lower for three of the first four days of the week, but year-to-date the ASX 200 is still up by almost 8%

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Evan is joined by CEO and Founder of UpTrade, Jeff Zylstra, to discuss the latest in the world of crypto.

UpTrade is Australia's leading dedicated crypto brokerage, offering tailored 24/7 support, access to over 500 digital assets, and in-depth market research to empower your financial journey.

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Lithium companies took a bath after news out of China that a competitor mine would reopen sooner than expected

MARKET WRAP:

• ASX200: up 0.3% to 8,830
• GOLD: $3,649/oz
• BITCOIN: $170,067

CURRENCY UPDATE:

• AUD/USD: 66.1 US cents
• AUD/GBP: 48.1 British pence
• AUD/EUR: 55 Euro cents
• AUD/JPY: 95 Yen
• AUD/NZD: 1.11 NZ dollars

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The costs of retirement are on the rise, with couples needing around $700,000 when they stop working to fund a comfortable life.

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The ASX 200 climbed 0.3% on the day, but lithium stocks were hit by news out of China.

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