Money News

Australian home prices have continued to edge higher, growing by a national average of 0.7% across the month of August.

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The ASX 200 last half a percent.

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ANZ has set the cat amongst the WFH pigeons, threatening to slash pay for those not in the office. 

Seeing if the Australian tourism industry has recovered post-Covid, and what experiences we’re looking to have. 

And despite Wall Street posting new record highs on 2 of the 3 major indices, the ASX couldn’t follow, closing down 0.1% to end the week. 

Interview with: John Boris, Chief Growth Officer at Big Red Group

Hosted by: Tom Storey

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Wesfarmers, the owners of Bunnings, Kmart and Officeworks, will pay a special dividend to shareholders after a jump in profits today.

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Nine Entertainment has a pot of cash to play with after its sale of online property platform Domain, but will they make a move?

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Qantas was the big story of earnings season, with profits jumping 28% to $1.6 billion for the last financial year

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Qantas has closed at an all time high after posting a 28% rise in profit for the last financial year to $1.6 billion.

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Host: Evan Lucas
Executive Producer: Tom Storey
Technical Producer: Chris Blancato
Publisher: Nine Radio

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Headline inflation has risen across the month to 2.8%, prompting fears that the RBA might have to pause its rate cutting cycle again.

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Woolies is facing the squeeze in the supermarket wars, with its share price tanking about a drop in profits for the largest listed Consumer Staples company.

MARKET WRAP:

• ASX200: up 0.3% to 8,960
• GOLD: $3,382/oz
• BITCOIN: $171,527

CURRENCY UPDATE:

• AUD/USD: 64.7 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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