Money News

How can Australia fix its economic woes and boost productivity?

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How addicted are we to our smartphones? And what should we make of the rise of "anti-smartphone"?

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Lithium prices are rebounding as EV demand in Australia skyrockets. But will this signal the end of the lithium glut?

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A former right-hand man of Richard White has been appointed as Wisetech Global's next CEO, but does this give the company the breathing room it needs to rebuild its reputation?

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Parliament has returned to Canberra, with the government focused on student loans and penalty rates, while a crossbench MP gets a tax discussion going. 

The Aussie dollar hit its best point since November last year, but will its good run continue in the era of Donald Trump?

And the ASX can’t get another record to end the week.

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Interview with Sean Callow, Senior FX Analyst at ITC Markets

Hosted by: Tom Storey

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The RBA cautions again over the state of the economy and the chance of rate cuts; law changes on biosecurity will see US beef hit the Australian market; capitalising on the gold rush; the industries that AI changes are coming after; Penfolds gets ready to release its latest Grange; and the ASX falls in the Market Wrap.

Host: Scott Haywood

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

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AI might be replacing jobs into the near future, so which industries will be the first to be replaced.

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With the gold price on the rise in recent years, one ASX listed company is continuing exploration for the metal.

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MARKET WRAP:

• ASX200: down 0.3% to 8,709
• GOLD: $3,363 USD/oz
• BITCOIN: $179,152

• CSL advancing 1.5%, to $269.56 
• Sonic Healthcare and Resmed were also higher.  
• Clarity pharmaceuticals jumped 10% to $4.31
• Fortescue's shares rose by 4.3% to $19 after it announced a record volume of iron ore shipments and projected stronger growth.
• Lynas Rare Earths gained more than 5% to $10.65
• Bapcor saw its shares plummet by 28% to $3.66 after it saw weaker sales over the last couple of months.
• Northern Star Resources dipped by 2.4%
• Also falling backwards was BHP, Wesfarmers and Macquarie Group

• AUD/USD: 66.2 US Cents
• AUD/GBP: 48.9 British Pence
• AUD/EUR: 56 Euro Cents
• AUD/JPY: 97 Yen

AUD/NZD: $1.09 NZ

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