SBS On the Money

Low confidence, fuel costs and rate fears deepen a cost-of-living nightmare with no end in sight.

Australian consumer confidence has fallen to about 80, with higher petrol prices and interest rate fears weighing on household outlooks. Westpac Senior Economist Matthew Hassan discusses what the survey reveals about different groups of consumers, the prospect of another rate rise and the risk to the economy. SBS Finance Editor Ricardo Gonçalves also speaks with Medallion Financial Group Managing Director Michael Wayne about the sharemarket’s third straight day of gains, technology stocks and the start of AGM season.

In this episode:

• What a reading near 80 says about household confidence and the pressure on consumers.
• How higher petrol prices and expectations of further rate rises are shaping the outlook.
• Whether the sharemarket’s three-day run marks a recovery, and what falling local technology stocks may signal.
• The Firmus IPO and what investors may want to know.
• What investors can learn from company AGMs as the season gets underway.

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.

Investors still cautious amid rising bond yields and data heavy week

SBS Finance Editor Ricardo Gonçalves speaks with Tapas Strickland, Chief Market Strategist at Moomoo for the day's market action as the ASX recovers from yesterday's 2 per cent wipe out and discusses a potential new AI IPO.

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.

The Australian sharemarket has worst day since March as the property correction deepens

Australia’s housing downturn deepened in September, but what does the shift mean for buyers and sellers? SBS Finance Editor Ricardo Gonçalves speaks with Cotality Research Director Tim Lawless about the latest property trends, before Vantage Australia Senior Market Analyst Hebe Chen explains the sharemarket sell-off that wiped nearly $60 billion from the ASX 200.

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.

Inflation has risen to 4%, but markets see less chance of another RBA rate rise. Here’s why.

SBS Finance Editor Ricardo Gonçalves speaks with David Bassanese from Betashares about the latest inflation figures and what they could mean for interest rates. Plus, Scott Phillips from The Motley Fool explains why the Australian sharemarket rose 0.9 per cent despite higher inflation.

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.

Accuracy and availability of SBS transcripts may vary. Transcript text may be revised to correct errors or match updates to audio. The authoritative record is the audio record.

What the RBA's rate rise means for the economy, investments and mortgages

SBS Finance Editor Ricardo Gonçalves takes a look at the impact of the RBA's 25 basis point increase to the official interest rate with Shane Oliver from AMP, Henry Jennings from Marcus Today and Sally Tindall from Canstar.

In this episode:

• Why the RBA says inflation remains too high, and the key factors driving its latest rate hike.
• Shane Oliver explains the economic signals that could keep rates on hold, and the risks that could change the outlook.
• What the latest increase means for mortgage repayments, and the options available to borrowers under pressure.
• The savings-rate opportunity savers may want to watch closely as banks respond to the RBA decision.
• Why markets rose despite higher interest rates, and what investors are being told to prepare for next.

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.

Markets have priced in a 95 per cent chance of an official interest rate rise tomorrow

The Australian sharemarket rose despite the likelihood of an interest rate rise from the RBA tomorrow. SBS Finance Editor Ricardo Gonçalves speaks with David Walsh from Sarto Advisory to find out what the implications will be for markets and investors.

From 1 October, card surcharges disappear. Will businesses absorb the cost or pass it on elsewhere?

In this episode:

• Sarah Megginson from Finder explains the change with Tom Kennedy.
• Paul Bloxham from HSBC shares his interest rate and recession outlook with SBS Finance Editor Ricardo Goncalves
• Isaac Poole, chief investment officer at Ascalon Capital, discusses the market and investment 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 has climbed. Could a softer jobs market change the outlook for rates?

Australia’s unemployment rate has risen to 4.6 per cent, but what does that really tell us about the strength of the jobs market and the outlook for interest rates? SBS Finance Editor Ricardo Gonçalves speaks with Westpac senior economist Pat Bustamante about the latest labour force figures and what they could mean for inflation and the RBA. Plus, Tom Kennedy speaks with Adam Dawes from Shaw and Partners about the day’s sharemarket moves and the rebound in oil prices.

Listen to more episodes of News in Depth. Follow SBS News 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.

Myer is discounting stock as weak consumer spending continues to weigh on retail.

Myer has warned consumer spending remains weak as it discounts stock, but what does that tell us about the health of Australian households and retailers? Ricardo Gonçalves hosts SBS On the Money and speaks with Nick Schoenmaker from Portfolio Construction Partners about the retail outlook, the Australian sharemarket and the latest investor enthusiasm around AI.

The RBA weighs up what the AI revolution could mean for productivity, wages and Australian jobs

What could the AI revolution mean for Australian jobs and the economy? RBA Governor Michele Bullock shares her view on AI and productivity. Plus, Kai Chen from MPC Markets breaks down the latest tech-driven rally on global sharemarkets. SBS Finance Editor Ricardo Gonçalves hosts.