SBS On the Money

Slowing retail sales could mean bigger Black Friday discounts this year, as shoppers face renewed interest rate pressures.

Slowing retail sales and cost-of-living pressures could deliver bigger Black Friday and Christmas bargains. But with inflation rising and uncertainty over the RBA's next move, what does it mean for shoppers and investors?


SBS Finance Editor Ricardo Gonçalves speaks with Betashares Investment Strategist Hugh Lam about consumer spending, interest rates, global markets and the Australian dollar's 13-year high against the New Zealand dollar.



In this episode:

• Why could Black Friday discounts be bigger this year?
• How is inflation affecting the RBA's next rate decision?
• What do US interest rates and the AI boom mean for investors?
• Why is the Australian dollar soaring against the NZ dollar?
• Where could investors find opportunities amid uncertainty?

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.



Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.



For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Australia's inflation rate has climbed to 4.3 per cent, raising the prospect of another RBA rate rise. What does it mean for interest rates and investors?

Australia's annual inflation has risen to 4.3 per cent, fuelling speculation about another RBA rate rise on Melbourne Cup Day. Economist Warren Hogan examines what's driving price pressures, while portfolio manager Jun Bei Lui discusses the market reaction, renewed confidence in AI and Star Entertainment's $260 million fine.


In this episode

• What's driving Australia's inflation surge, and can another rate rise bring it under control?
• Could the RBA lift interest rates on Melbourne Cup Day?
• How investors are responding to inflation and renewed confidence in AI.
• What Star Entertainment's $260 million fine means for its future.

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.



Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.



For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Anthropic's sales are soaring, but questions remain about the AI boom, with its IPO seen as a major test for the sector.

Anthropic's IPO prospectus reveals the scale of the AI investment boom, with surging revenue, heavy computing costs and a reported $81 billion loss, largely attributed to an accounting charge.


SBS Finance Editor Ricardo Gonçalves speaks with Alex Pollack, chief investment officer at Loftus Peak, about investor risks, revenue concentration and the potential scale of the listing.



Clive Maguchu, senior strategist at State Street Investment Management, examines the ASX's 0.5 per cent rise, interest rates, inflation and geopolitical risks.



In this episode

• What Anthropic's IPO reveals about the AI boom
• Revenue concentration and risks for AI investors
• How interest rates, inflation and global tensions affect markets
• What Microsoft's buyout offer signals for AI and jobs

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.



Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.



For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Wednesday’s inflation figures could shape next week’s rate decision, as investors weigh oil prices and global uncertainty.

The Australian sharemarket edged 0.2 per cent higher after oil prices eased from a six-month high. With inflation data due on Wednesday and an RBA meeting next week, investors are watching for clues about interest rates. SBS Finance Editor Ricardo Gonçalves speaks with Alex Pikoulas, CEO of Munjarra Capital, about market sentiment, the AI build-out, investment opportunities and whether conditions favour more mergers and acquisitions.


In this episode

• What Wednesday’s inflation figures could mean for the RBA’s next rate decision
• How higher oil prices and global uncertainty are shaping investor sentiment
• Why the AI build-out is a key story for investors
• Whether current conditions are right for more mergers and acquisitions in Australia

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.



Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.



For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Oil reaches about US$114 a barrel as investors weigh inflation, interest rates and the Australian dollar.

Oil reached a five-month high near US$114 a barrel as the Australian sharemarket finished flat and the ASX 200 fell 0.1 per cent over the week. SBS Finance Editor Ricardo Gonçalves speaks with ANZ head of FX Strategy Mahjabeen Zaman about investor sentiment, bond yields, inflation, gold and the Australian dollar. The episode also explores Western Sydney International’s opening and the investment needed to support the region, with Professor Azadeh Dastyari of the Centre for Western Sydney at Western Sydney University.

In this episode

• What higher oil prices could mean for inflation and interest rate expectations
• Why bond yields, gold and currencies are shaping investor sentiment
• How the Australian dollar is responding to global uncertainty
• What Western Sydney International could mean for the region’s economy and why ongoing investment matters

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Delays to power upgrades at NextDC's Melbourne site forced a sharp downgrade, raising questions for data centre investors.

A delay to power upgrades at a Melbourne site sent NextDC shares tumbling and prompted a sharp cut to its revenue guidance. SBS Finance Editor Ricardo Gonçalves examines what the setback could mean for the wider data centre build-out, with Luke Laretive of Seneca Financial Solutions. Plus, SpaceX reports a 161 per cent jump in quarterly revenue, with AI revenue up nine-fold, as Elon Musk floats a possible merger with Tesla. Tom Kennedy speaks with Dan Ives of Yorkville Ives about the result and the wider AI trade.

In this episode

• What NextDC’s downgrade and share price fall could mean for investors in data centres
• How community opposition and delays to power upgrades could affect data centre projects
• What SpaceX’s results and growing AI revenue mean for the company and Australians with super exposure
• The potential implications of a SpaceX and Tesla merger, and the risks around AI investment, debt and interest rates

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

NAB says the cuts will simplify its operations, while promising no material impact to customer-facing banking roles.

NAB plans to cut about 2,500 jobs this financial year, including 1,500 before the end of December, as it reshapes its operations and focuses on growth and technology. The bank says customer-facing roles will not be materially affected. Its shares fell nearly 2 per cent as the broader sharemarket lost ground. SBS Finance Editor Ricardo Gonçalves speaks with Citi’s Elizabeth Tian about the market moves, including a lift in tech stocks.

In this episode

• NAB’s planned workforce cuts and the bank’s reasons for making them
• What NAB says the changes could mean for customer-facing roles
• Why the ASX200 fell 0.4 per cent, with miners leading the declines
• How global technology stocks performed across different markets

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Grattan proposes a 15 per cent GST that includes food, with tax cuts and welfare payments to offset the cost.

The Grattan Institute says raising the GST from 10 to 15 per cent and extending it to food could help fund income tax cuts, welfare payments and state services. But both major parties have rejected the proposal, and concerns remain about its impact on households and inflation. SBS Finance Editor Ricardo Gonçalves speaks with Grattan Institute CEO Aruna Sathanapally, then examines the ASX’s rise, global tech selling and China’s growth with George Boubouras of K2 Asset Management.

In this episode:

• What a broader, higher GST could mean for household budgets, income tax and welfare payments

• Why the proposal faces political resistance, and the concerns about its impact on inflation

• What the ASX’s gains reveal as global technology stocks sell off and oil prices rise

• How stronger Chinese growth and unrest in France could affect investor sentiment and opportunities

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Australia’s jobless rate reaches 4.7%, raising questions about hiring, wages and the RBA’s next move.

Australia’s unemployment rate rose to 4.7 per cent in September, its highest level since October 2021. Blair Chapman, chief economist at Seek, discusses the state of the jobs market, hiring trends, salaries and what the figures could mean for interest rates. The Australian sharemarket fell 0.1 per cent, with technology and mining stocks under pressure. Ben Clark, portfolio manager at TMS Private Wealth, joins SBS Finance Editor Ricardo Gonçalves to discuss the market, the Australian dollar and investment opportunities.

In this episode

• What the rise in unemployment says about the jobs market and hiring trends
• How the jobs figures could affect the RBA’s next interest rate decision
• What Seek’s Advertised Salary Index suggests about pay
• Why technology and mining stocks fell, and what investors are watching

Global mining giant rises on first day on ASX

Australian shares fell 0.6 per cent as banks led losses, with CBA down more than 2 per cent after chief executive Matt Comyn told shareholders it could take time for higher rates to bring inflation back to target. SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey, portfolio manager at Wilson HTM, about investor sentiment, rising global rates and Glencore’s ASX debut. The discussion also explores what investors are being told and where opportunities may lie.

In this episode

• Why the ASX fell as banks led the declines, and what may be shaping investor sentiment
• What higher interest rates and international shocks could mean for markets
• Why Glencore has joined the ASX and what investors might make of the listing
• Where the market opportunities may lie now

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.