Money News

Australians want to embrace gas to provide their energy needs, but is the market ready to provide?

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James Hardie has tanked on the ASX after a poor outlook for its business in the United States.

MARKET WRAP:

• ASX200: up 0.25% to 8,918
• GOLD: $3,325/oz
• BITCOIN: $175,969

CURRENCY UPDATE:

• AUD/USD: 64.3 US cents
• AUD/GBP: 47.7 British pence
• AUD/EUR: 55 Euro cents
• AUD/JPY: 94 Yen
• AUD/NZD: 1.10 NZ dollars

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The second day of the Economic Reform Roundtable has brought AI & innovation to the forefront. But what needs to change for us to flourish?

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A slowdown in the United States may have hurt the outlook for James Hardie, but it hasn't dampened the spirits of investors on the ASX more broadly.

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Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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BHP’s has again posted a strong profit, but with commodity prices shaky, can their margins hold into the future?

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CSL has suffered its biggest single day fall on the market, dropping 17% and wiping $20 billion from the company’s value

MARKET WRAP:

• ASX200: down 0.7% to 8,896
• GOLD: $3,337/oz
• BITCOIN: $178,089

CURRENCY UPDATE:

• AUD/USD: 64.9 US cents
• AUD/GBP: 48.0 British pence
• AUD/EUR: 55 Euro cents
• AUD/JPY: 96 Yen
• AUD/NZD: 1.09 NZ dollars

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Green and red tape could be the biggest obstruction for productivity gains, and an East Coast gas reserve as Woodside announces its half-year profits.

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The market's run towards 9000 points was halted by a bad day for CSL, which lost 17% after announcing it would cut 3000 jobs.

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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.