Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
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Bunnings facial recognition technology in stores breached privacy & ASX hits another record
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The Productivity Commissioner says Bunnings breached customer privacy by using facial recognition technology at some of its New South Wales and Victorian stores without consent, but the company says it was needed to protect the safety of their stakeholders. SBS Finance Editor Ricardo Gonçalves speaks with Margarita Vladimirova from the Deakin Law S…
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SBS On the Money: The role of cash & cost hits access to healthcare services
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The Federal Government wants to mandate the acceptance of cash for essential services, so SBS Finance Editor Ricardo Gonçalves speaks with UTS Business School Professor Kathy Walsh to find out more about its future; Australian Medical Association President Danielle McMullen goes through the latest ABS data which shows some people in disadvantaged s…
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SBS On the Money: Australians less anxious about their finances & investors eye AGMs
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NAB's Wellbeing Index has improved as more people become less anxious about their finances, but as NAB's Dean Pearson tells SBS Finance Editor Ricardo Gonçalves, they've had to change their behaviours as a result; plus the day on the sharemarket with Dianne Colledge from Morgans Financial Limited.
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SBS On the Money: Jobless rate holds & Australia's global digital competitiveness rises
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Australia's unemployment rate has remained steady in October at 4.1% although there are signs of a slowdown in jobs growth. SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Moody's Analytics to find out what it says about the economy and for interest rates; CEDA Economist Melissa Wilson discusses why Australia's global digi…
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SBS On the Money: Wages growth slows but real wages turn positive
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The ABS Wage Price Index slowed to an annual rate of 3.5 per cent which is above inflation at 2.8%. SBS Finance Editor Ricardo Gonçalves speaks with Blair Chapman from SEEK about what it means for the labour market; plus Mark Gardner from MPC Markets with all the day's sharemarket news including the latest interest rate expectations.…
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SBS On the Money: Consumers more confident ahead of Christmas & higher airfares as Rex exits capitals
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SBS Finance Editor Ricardo Gonçalves speaks with Matthew Hassan from Westpac on why there's been a big lift in consumer confidence ahead of Christmas; ACCC Commissioner Anna Brakey details its latest report which shows a rise in domestic airfares since Rex exited capital city routes; and Adam Dawes from Shaw and Partners goes through the day's mark…
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SBS On the Money: China stimulus disappoints & the middle cost of super financial advice
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SBS Finance Editor Ricardo Gonçalves speaks with NAB Economist Gerard Berg and Elio D'Amato from Stockopedia about China's latest round of stimulus measures and why it disappointed the market; plus John Baldock discusses the cost of getting financial advice with Ian Fry from Chant West.
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SBS On the Money: Will banks keep RBA interest rate cuts? and US election market fallout continues
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While the RBA hasn't implied it will cut interest rates any time soon, markets are expecting them to start falling some time, and banks are already contemplating if they'll pass them on in full to customers amid a squeeze on margins. SBS Finance Editor Ricardo Gonçalves speaks with PwC Banking Lead Sam Garland to find out more and wrap up the repor…
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SBS On the Money: Donald Trump's impact on shares, trade, inflation and interest rates
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Global markets were mixed as investors digested the implications of a Donald Trump win of the US Presidential Election. SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP and Angus Geddes from Fat Prophets to find out what it means for both the Australian and global economies and the implications for investors.…
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SBS On the Money: What the US Presidential election will mean for shares
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SBS Finance Editor Ricardo Gonçalves speaks with Ben Clark from TMS Capital and James Gerrish from Shaw and Partners about what the US Presidential Election will mean for the sharemarket.
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SBS On the Money: Rates on hold in November but for how long? And markets on US election watch
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The Reserve Bank held official interest rate on hold at 4.35% but says underlying inflation won't hit the mid-point of its target until the end of 2026. SBS Finance Editor Ricardo Gonçalves speaks with Madeline Dunk from ANZ to find out what that means for the timing of the first interest rate cut this cycle, plus we preview the US Presidential ele…
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SBS On the Money: Markets prepare for US election & digital entertainment consumption down
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SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management Ltd to find out how the market is positioning itself ahead of the US Presidential election and the implication for global interest rates; plus Rhayna Bosch discusses the changing digital entertainment consumption landscape with Peter Corbett from Deloitte.…
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SBS On the Money: the housing market eases, & cost concerns for AI
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Rhayna Bosch speaks with Tim Lawless from CoreLogic to find out what's behind an easing in dwelling price growth; plus SBS Finance Editor Ricardo Gonçalves discusses the day's sharemarket action with Lochlan Halloway from Morningstar, including concerns about AI costs from the world's biggest tech companies.…
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SBS On the Money: Financial complaints hit a record & US economy expands ahead of election
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Rhayna Bosch speaks with Justin Untersteiner from the AFCA about the record number of financial compalints its received and what can be done about it; plus SBS Finance Editor Ricardo Gonçalves goes through the day's sharemarket news with Scott Phillips from The Motley Fool including the latest from the US.…
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SBS On the Money: Inflation eases to RBA's target, but interest rates won't fall just yet.
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SBS Finance Editor Ricardo Gonçalves looks through today's official inflation report with David Bassanese from BetaShares and Josh Gilbert from eToro to find out what it means about interest rates and more.
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SBS On the Money: Home values reach new records & Myer's mega expansion plans
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Domain says home values reached new records, but Nicola Powell says the pace of growth continues to slow; plus SBS Finance Editor Ricardo Gonçalves speaks with Mathan Somasundaram from Deep Data Analytics about the day's market news including how the US election is already impacting shares along with Myer's near $900m deal with Solomon Lew's Premie…
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SBS On the Money: Why WA is Australia's top performing state & Indigenous financial complaints rise
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Rhayna Bosch speaks with Ryan Felsman from CommSec about its State of the States report to find out who is leading the nation; SBS Finance Editor Ricardo Gonçalves talks with Kai Chen from MPC Markets about how the US election is impacting shares; plus AFCA's June Smith about why the industry has seen a record rise in financial complaints lobbed by…
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SBS On the Money: Qantas shares hit record high on AGM day & ResMed looks to AI opportunities
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The Qantas board has avoided a second strike on its remuneration report as its share price hit a record so Mahnaz Angury spoke with Upstream Aviation Analyst Tim Collins to find out if its reputation is being repaired; Rhayna Bosch discusses the future of AI and the implication of GLP-1 drugs like Ozempic with ResMed CEO Michael Farrell; and SBS Fi…
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SBS On the Money: What it takes to be young and rich & markets look to US election
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SBS Finance Editor Ricardo Gonçalves speaks with AFR Rich List Editor Yolanda Redrup to look through this year's Young Rich List and to find out their common characteristics; plus Henry Jennings from Marcus Today goes through the day's sharemarket news as investors look to the US Presidential Election…
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SBS On The Money: Australia's tradie shortage, & the ASX tumbles hard
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SBS Finance Editor Ricardo Gonçalves speaks with Matt King from the Housing Industry Association which says the nation needs 30% more tradies to meet the government's target of building 1.2 million homes over the next 5 years; plus Jessica Amir from Moomoo goes through the day's market action as shares fall the most in almost seven weeks.…
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3G networks shutting down, how to improve housing affordability & gold at a record price
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SBS Finance Editor Ricardo Gonçalves speaks with Stephen Fenech from Tech Guide about what consumers need to know about the closure of the nation's 3G networks next week; Diana Mousina from AMP compares Australia's home affordability levels with the rest of the world; and Elise McKay from Pendal Group goes through the day's sharemarket news.…
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TPG is looking to sell its enterprise, government and wholesale fibre infrastructure business for $5.25bn to Vocus Group, which is owned by Macquarie and Aware Super. SBS Finance Editor Ricardo Gonçalves speaks with Telecommunicatoins Analyst Paul Budde and Carol Bennett from the Australian Communications Consumer Action Network (ACCAN) to find out…
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SBS Finance Editor Ricardo Gonçalves speaks with Julia Lee from FTSE Russell about Rio Tinto's deal to buy Arcadium Lithium and finds out how global developments are impacting financial markets.
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The average ranking of Australian universities declined by five places on the Times Higher Education World University Rankings. SBS Finance Editor Ricardo Gonçalves speaks with Angel Calderon from the QS Global Rankings Advisory Board to find out why and what that means for the economy, plus Niv Dagan from PEAK Asset Management on the day's sharema…
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SBS On the Money: How will the Middle-East conflict impact markets?
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SBS Finance Editor Ricardo Gonçalves and Rhayna Bosch speak with Shane Oliver from AMP and Francesco De Stradis from Ord Minnett to find out how the latest developments in the Middle-East may play out on global markets as Iran steps into the conflict.
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