Money News

Copper’s price has taken a huge tumble, so how does that work for the big miners who were pivoting towards the metal?

MARKET WRAP:

• ASX200: down 0.2% to 8,742
• GOLD: $3,310/oz
• BITCOIN: $183,594

CURRENCY UPDATE:

• AUD/USD: 64.5 US cents
• AUD/GBP: 48.7 British pence
• AUD/EUR: 56 Euro cents
• AUD/JPY: 96 Yen
• AUD/NZD: 1.09 NZ dollars

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A surprisingly good retail spending number in the month of June has given hope to a sector that’s had years of poor results.

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The ASX 200 couldn't reach a new record, but did end higher across the month.

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Markets were relieved to see a better-than-expected inflation result, with prices growing 2.1% year on year to the end of the June quarter.

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In this episode of Let's Talk Business, host Evan is joined by Gavan Ord of CPA Australia to discuss how the Australian government can better support small businesses. They examine how Singapore has invested heavily in upskilling small business owners digitally, while Australia lags behind. Gavan advocates for reducing bureaucracy and providing more funding and training for Australian small business owners.

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Host: Evan Lucas

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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Trump threatens tariffs on all trading partners and sanctions on Russia. Higher oil prices benefit energy companies like Santos and Woodside. And tomorrow's Australian inflation data could determine whether the RBA cuts interest rates next month. Guest Kyle Rodda provides analysis on geopolitics, monetary policy, and market reactions.

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We dive into Australia's progress on renewable energy over the past 15 years - from 8% of the power supply to around 40% now. We discuss the government's new, more ambitious emissions reduction targets, and why major mining companies like BHP see this as key to remaining competitive. Our guest Alison Reeve from the Grattan Institute talks through roadblocks like construction productivity, the role of carbon pricing, and more.

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What does the future of Australia's energy plans look like, and how will that affect the market?

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