Money News

Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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AGL dragged the Utilities sector and the market back today, but can their outlook improve?

MARKET WRAP:

• ASX200: down 0.6% to 8,827
• GOLD: $3,365/oz
• BITCOIN: 182,916

CURRENCY UPDATE:

• AUD/USD: 65.5 US cents
• AUD/GBP: 48.3 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 96 Yen
• AUD/NZD: 1.09 NZ dollars

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The Australian wellness sector has grown to be worth almost $200 billion, putting us in the Top 10 in the world.

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Commbank has posted a full-year profit of $10.25 billion, but are investors worried about the overall value of the company?

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The Australian share market was weaker, with investors starting to question the value of Commbank shares, despite a cash profit of $10.25 billion over the last financial year.

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With more small businesses being scared off expanding internationally, what does it take to make it big these days?

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Reporting season has continued, with SGH, Seven West Media and Life360 the highlights of Tuesday company news.

MARKET WRAP:

• ASX200: up 0.4% to 8,880
• GOLD: $3,351/oz
• BITCOIN: $182,669

CURRENCY UPDATE:

• AUD/USD: 65.0 US cents
• AUD/GBP: 48.2 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 96 Yen
• AUD/NZD: 1.09 NZ dollars

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The Reserve Bank has cut the cash rate to 3.6%, but will this be one of many or a few left to come?

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The Reserve Bank has lowered the cash rate by 25 basis points to 3.6%, helping the market to climb to another record finish.

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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.