Business Now with Ross Greenwood

As the Treasurer directs the Future Fund to invest in housing and renewables, one critic says the entire fund should be liquidated. Plus, Nvidia shares wobble as sales growth worries investors and the art sale that will make you go bananas.

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A new report finds cost of living is the biggest ethical challenge of the year, Governance Institute's Megan Motto explains the ethics index and weighs in on Rio Tinto's scathing workplace report. Plus, how Trump will boost middle America.

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As the Government introduces laws to crack-down on scams, Financial Services Minister Stephen Jones explains how the scheme will work. Plus, young people are cutting essential spending and the debate between privacy and safety at Bunnings.

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As the ACCC grills Woolworths executives, AFGC's Tanya Barden explains why suppliers aren't speaking up against the supermarkets. Plus, banks are pushing rate forecasts backwards, and the women's basketball league gets sold for almost $30 million.

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Working capital is more difficult to manage in 2024, Jason Ireland from McGrath Nicol explains the data. Plus, investors are looking at how to invest with Trump's cabinet picks.    

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Unemployment remains steady in October, Rabobank's senior macro strategist Ben Picton explains the data. Plus, US inflation remains steady with the U.S. Federal Reserve expected to continue cutting interest rates. 

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Wage growth slows slightly more than expected, HSBC's Paul Bloxham explains the data. Plus, Senator Andrew Bragg responds to ASIC suing superannuation fund Cbus, the digital skills gap widens in mining and manufacturing, and Musk's new job.

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Business confidence returns as consumer sentiment significantly improves, NAB's head of Australian economics Gareth Spence explains. Plus, the Nasdaq, S&P 500, Dow Jones, Bitcoin and other Trump trade assets surge to all-time record highs.

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Resolute Mining's CEO and two other employees have been detained in Mali, industry insider Julian Malnic explains the perils of mining in Africa and why he won't go back to the continent for work. Plus, the latest economic and property news.

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As the U.S. Fed cuts rates overnight, bond whisperer Stephen Miller explains the economic impacts and how Trump 2.0 is moving markets. Plus, ANZ's profit falls, markets wait for stimulus news from China and this week's hottest auctions.

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Trump's victory has sent the US share market flying, Perpetual's Matt Sherwood and CommSec's Laura Besarati reveal which stocks have gone to the moon. Plus, the government releases the final report into the PwC tax leak scandal.

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The RBA keeps rates on hold at 4.35%, Economist Warren Hogan explains why the central bank didn't cut rates. Plus, the US election weighs heavily on international markets and chipmaker Nvidia bumps Intel off the Dow Jones Index.

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What impact will the US election have on our economy and share market? ANZ's Chief Economist delves into the data and WSJ's Editor at Large previews what a Trump presidency may look like. Plus, the AFP raids PwC, and auctions cool down.

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Markets are pricing in a Trump victory next week according to guest Matt Sherwood. Plus, is productivity in the workplace linked to flexible working conditions? 

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Weak retail data reveals the extent of the sector's struggles as it deals with high interest rates, wages and energy prices. Plus, the latest results from the hottest tech stocks and the Australian dollar bombs amidst poor economic data.

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Annual inflation falls to the lowest level since March 2021, CBA's Head of Australian Economics reveals the bank's new rate cut forecast. Plus, shocking data reveals 120 ASX-listed companies are at risk of collapse and Google's big fine.

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Myer's Executive Chair Olivia Wirth explains why the department store has taken over key Premier Investments retail brands. Plus, calls for meaningful tax reforms, and a preview of Alphabet and AMD earnings.

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Oil prices fall overnight as attacks on Iran's oil infrastructure don't eventuate. Plus, lower energy prices take pressure off inflation, Mosaic Brands appoints administrators and the property market shows signs of weakness.

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WiseTech stocks soar after CEO Richard White stepped down. Plus, Australians are living longer than ever but are they adequately prepared for retirement? 

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In breaking news, WiseTech CEO Richard White steps down amidst a number of allegations of inappropriate behaviour. Plus, the CBA forecasts inflation to fall, suppliers hit back at Coles and Woolies and Tesla beats profit expectations.

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ASIC sues QBE for misleading customers, ASIC's Deputy Chair reveals why the regulator is targeting the insurance industry. Plus, why bond traders are betting on no rate cuts for a long time and Singapore green lights a massive solar project.

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Two top ASX CEO's are being investigated by their own companies causing their shares to be sold off. Plus, more workers are needed to drive the local tech sector and the business community calls for more housing to be built.

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Wholesale energy prices fall in September quarter, betting markets price in Trump victory, strength in US small caps sector, ASX 200 index surpassing record levels. Plus, China stimulus disappoints global markets.

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Star Casino hit with a $15 million fine... NICC's Chief Commissioner Philip Crawford reveals why. Plus, JP Morgan's Kerry Craig explains the latest unemployment data and a report into Nine reveals systemic bullying, discrimination and harassment.

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Agriculture Economist Dennis Voznesenski reveals the worrying reality that our wheat and grain industry isn't prepared for a broader conflict. Plus, the best way to ride the ups and downs of our volatile stock markets as the ASX pulls back.

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As the ASX200 hits a record high, our team of finance experts and stock market insiders reveal what's driving markets. Plus, the government declares war on debit card surcharges, NAB's new rate cut forecast, and Elon's "AI" robots.

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The government says exempt small businesses will remain at 15 employees, China's economic stimulus package disappoints for markets. Plus, some big moves and disappointing outlooks in the stock markets today.

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Financial markets are anticipating a Beijing press conference tomorrow which could result in more stimulus for China's economy. Plus, inflation in the U.S. has lifted to higher than expected in September.

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Currency expert Steven Dooley reveals how the USD and AUD will most likely trend after the US election. Plus, stock picker Brock Silvers explains why Shanghai's share market has done a U-turn and lobsters are back on the menu for China.

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Small businesses are hammered by a perfect economic storm of rising costs and high rates, COSBOA's CEO reveals how businesses are adapting to survive. Plus, new data reveals 2024 is the worst year for new home builds in ten years.

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Consumer confidence lifts as consumers feel confident the RBA won't lift rates again, Westpac's Matthew Hassan explains the data. Plus, AMP bank CEO Sean O'Malley on financial stress, and the RBA Deputy Governor rejects dovish outlook.

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The threat of escalation in the Middle East leaves oil traders on edge, NAB's Gerard Burg explains what's driving the oil price and other commodities. Plus, BTC Markets CEO on new Bitcoin research and why "crypto bros" want Trump to win.

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Commodity traders buy up oil as Biden suggests Israel may strike Iran's oil supply. Plus, China pumps up its economy to hit it's 5% growth target, this weekend's hottest auctions and Scott Farquhar sells his $130M Point Piper property.

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The stock market closes flat as cautious investors wait and see what happens in the Middle East, stock picker Adam Dawes goes through the biggest stories on the ASX. Plus, how dockworkers' strikes in the US will affect Australians.

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Oil prices spike after Iran launches rockets at Israel, Saul Kavonic explains what the escalation means for energy prices. Plus, customer loyalty fuels the big supermarkets' power, and the battle for Namoi Cotton ends.

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Qatar Airways to buy 25 per cent stake in Virgin, former ACCC chair Graeme Samuel says it's a terrific deal for Virgin Australia. Plus, Chinese stocks enjoy their best day since 2008, and the warmest August on record boosts retail sales.

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Productivity plunges to 2015 levels, Productivity Commission's Alex Robson explains what went wrong. Plus, the government locks in back-to-back surpluses thanks to iron ore prices, and national auction clearance rates fall significantly.

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Property investors hit back at the government as it entertains the idea of changing negative gearing, Star Casino finally releases its results. Plus, the future of Australia's AAA credit rating is at risk, and Qube sues its own workers.

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Monthly inflation cools to 2.7 per cent but economist Marcel Thieliant says the RBA won't be cutting rates soon. Plus, ASIC Chair Joe Longo on the regulator's latest wins, and the ex-girlfriend of crypto fraudster Sam Bankman-Fried is sentenced.

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The RBA holds rates for the seventh consecutive meeting, HSBC's Paul Bloxham reveals when he thinks the RBA will cut rates. Plus, the economic impact of the escalating war between Israel and Hezbollah and Cettire shares go to the moon.

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As the ACCC sues Coles and Woolworths for misleading customers, ACCC's Chair Gina Cass-Gottlieb explains how the supermarkets bamboozled customers. Plus, the Green's demand the RBA cuts interest rates and housing affordability plunges.

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PwC faces new allegations that its former CEO gave incorrect evidence to a parliamentary inquiry, Committee Chair Deborah O'Neill weighs in on the situation. Plus, the value of iron ore plunges and this week's hottest auctions.

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As the US Federal Reserve cuts interest rates, Market Strategist Stephen Miller reveals why the RBA won't be able to cut rates anytime soon. Plus, the local share market hits a record high, and the largest wealth transfer in history begins.

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As Markets wait in anticipation for the US Fed's decision on interest rates, La Trobe Financial CEO explains what traders will be looking for. Plus, New Zealand's corporate regulator sues Jetstar, and Trump launches a cryptocurrency project.  

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As the ASX hits a new intraday record high, CEO of Soul Patts Todd Barlow reveals the sectors he has his eye on. Plus, favourable weather and rebounding market prices boost confidence in the farming sector, and Cuba cuts it's bread rations.

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Markets hold their breath in anticipation of the US Fed cutting rates, economist Sean Langcake reveals his forecast for when the RBA will cut rates. Plus, the case for a Northern Australia special economic zone, and clearance rates slide.

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Household spending lifts as tax cuts and energy rebates flow into consumers' hip pocket, CBA's Stephen Halmarick goes through the data. Plus, Nine's CEO announces he'll step down, and deals activity plummets to a decade low.

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As the ASX closes in on record highs, VanEck's Deputy Head of Investments reveals which sectors he's keeping a close eye on. Plus, the casino watchdog issues a show cause notice to Star Entertainment and this week's top auctions.

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The CEO of the world's largest gold miner speaks exclusively to Business Now as it strikes a $475 million deal for its WA mines. Plus, analysis of the US Presidential debate, and the unfortunate timing of a new defence industry ETF.

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Farmers converge on Parliament to protest the live sheep export ban and other anti-farming policies. Plus, Apple's new iPhone helps lift the stock market, RBA reforms at the mercy of the Greens, and business sentiment continues to slide.

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The CEO of Private Healthcare Australia strikes back at Healthscope saying it's a disgrace that patients are being threatened with additional fees or denial of service. Plus, share markets wobble after new data and Smiggle's CEO is sacked.

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US August job report released tonight, NVIDIA investors' cautious outlook, rift between RBA and government grows. Plus, lending has surged in every state. 

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As the RBA Governor Michele Bullock warns some families will have to sell their homes, independent economist Clifford Bennett says the central bank is looking at the wrong data. Plus, Kraken calls out the grey-area of crypto regulation.

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Australia's economy grows at the slowest rate since the 1991 recession, full analysis with Deutsche Banks' Chief Economist Phil O'Donaghoe. Plus, the ASX bombs out as Nvidia records the largest fall in company value of a US stock ever.

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Current accounts swell to the largest deficit since June 2018, NAB's Chief Economist Alan Oster goes through the data. Plus, Aussie farmers enjoy their third best season on record, and stock market analysis with CommSec.

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The Treasurer blames high rates for a sluggish economy as economists expect the latest GDP figures to be the worst in 30 years. Plus, Auspost's CEO explains why the business is losing money, and home prices hit new records.

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As Harvey Norman's revenue falls, Executive Chairman Gerry Harvey details plan to sell AI powered home tech. Plus, Star Entertainment enters a trading halt and the spring selling season begins with 2,659 auctions scheduled.

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Qantas CEO Vanessa Hudson outlines the airlines' plan to lift profit and start paying a dividend again, Nvidia results fail to impress the market. Plus, a top CEO slams the Greens' 'Robin Hood' tax, and the coal power station facing shutdown.

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APA Group CEO Adam Watson warns gas prices will rise unless regulation in the market becomes more stable. Plus, monthly inflation data comes in hotter than expected, and Nine's CEO speaks on the company's internal culture inquiry.

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As Australians' eating habit changes due to cost-of-living pressures, Coles CEO Leah Weckert explains the reason behind its $1.1 million underlying profit. Plus, July inflation data expected to ease, and Telegram founder arrested in France.

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As right to disconnect laws kick in, BCA's Bran Black says the new laws could hamper workplaces becoming more flexible. Plus, NIB Health Funds' CEO reacts to the share price being hammered despite delivering a great profit.

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As Inghams shares bomb after missing profit expectations, its CEO reveals how the poultry producer will improve the bottom line. Plus, the surprising nation looking to buy up Aussie property, and ASIC's crypto win against Kraken.

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Regis Resources CEO explains why the gold miner scrapped a billion-dollar project after the Environment Minister blocked a dam proposal. Plus, KFC warns consumers are buying less chicken, and analysis of the latest ASX results.

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Perpetual hires Bernard Reilly as CEO, FY24 reporting season report card, Amazon launches same-day deliveries. Plus, government blocks Regis Resources dam project.

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Judo Bank grows its loan book by 20 per cent to $10.7 billion despite economic headwinds, CEO Chris Bayliss reveals how. Plus, full analysis of today's top ASX results, and a closer look at Australia's AI darling Appen as its shares surge.

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As Suncorp delivers a profit of over $1.3 billion, CEO Steve Johnston explains why insurance premiums are rising. Plus, analysis of today's hottest ASX results, the auction market shows signs of cooling, and former WA premier Mark McGowan's new gig.

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As Domain's profit lifts 28 per cent to $49 million, it's CEO Jason Pellegrino explains what's driving growth. Plus, the best homes going to auction, the RBA governor vows no rate cuts this year and Domino's names a new local CEO.

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Economist Paul Bloxham joins to discuss the latest unemployment numbers, profit results from big corporations suggest the economy is still strong. Plus, ASX shares jump pending FY24 results.

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Corporate cop ASIC takes stock market operator the ASX to court, Reserve Bank of New Zealand slashes cash rate to 5.25 per cent. Plus, AGL reports record profit of $812 million.

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Wage price index remains steady at 4.1 per cent in June quarter, CSL shares have their worst day this year despite profit climbing by more than 20 per cent. Plus, Donald Trump offers Elon Musk a job while being interviewed by the Tesla CEO.

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The profit reporting season gets into full swing this week, Deputy Governor Andrew Hauser warns against forecasting the RBA's decision. Plus, the national clearance rate drops to 60.8 per cent.

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News Corp flags interest in Foxtel, AMP pivots away from financial advice, QBE releases half-year earnings result. Plus, this week’s auction preview.

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Former Qantas CEO Alan Joyce is set to lose over $9 million in bonuses, Small Business Ombudsman Bruce Billson on why reforms are needed to energise the sector. Plus, Transurban boosts dividend after profit rises.

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The Reserve Bank faces the Senate's cost-of-living inquiry, Perpetual's Head of Investment Markets Research Matt Sherwood joins to discuss the global share market trends. Plus, the government mulls bailing out Rex Airlines.

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The Reserve Bank keeps the cash rate on hold as Governor Michele Bullock hoses down any expectation of an interest rate cut anytime soon. Plus, markets regain their nerve after yesterday's panic selling.

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Around $100 billion wiped from Australia's share market as it slumps to its worst day in two years, recession fears haunt America as its unemployment rate rises to 4.3 per cent. Plus, the national clearance rate improves to 61.7 per cent.  

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Former PWC leaders faced a public hearing today, statement of monetary policy out on Tuesday, RBA interest rate decision next week. Plus, MAG seven stocks dip on concerns due to AI.

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Markets boom and the stock market hits a new all-time record as investors get excited about the prospect of lower interest rates, PriceWaterhouseCoopers is set to face a fresh senate inquiry. Plus, national home prices hit a new peak in July.

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Commonwealth Bank's Chief Economist Stephen Halmarick  joins to discuss the latest CPI figures, more than 600 jobs at risk as Rex Airlines goes into voluntary administration. Plus, Microsoft shares slump despite booming revenue growth.

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Rex Airlines stops selling seats on key routes as it teeters on the brink of collapse, Fortescue shares plunge as a big shareholder bails out. Plus, Microsoft is set to report its quarterly earnings this week.

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Markets hold their breath for the latest inflation figure due Wednesday, AFIC posts the full year profit report. Plus, the national clearance rate drops to 58 per cent. 

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Mineral resources are surging in trade off the back of the release of its production guidance, oil prices are on track for three weeks of losses. Plus, the Australian Energy Regulator has released its annual compliance and enforcement report.

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Bank of Canada cuts interest rates for two straight months, Deloitte says the RBA should not hike the cash rate as inflation is easing and the economy is slowing. Plus, Fortescue shares sink despite a record quarter.

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A warning about the security of jobs as more companies consider laying off staff, accounting and consulting firm Deloitte admits the PwC scandal and subsequent investigations hurt its revenue. Plus, Tesla misses its profit targets yet again.

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Global stock markets hit record levels, charges laid against an alleged 'pump and dump' group following an investigation by ASIC. Plus, one of South Korea's richest is accused of manipulating the stock price of a major K-Pop agency. 

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How the change to Democrat presidential candidate Kamala Harris could impact the course of economics and markets worldwide, interest rate rises become more evident in Australia. Plus, who will pay for the CrowdStrike computer outage?

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Australia's unemployment rate creeps ahead in June to 4.1 per cent, Fortescue announces plans to cut 700 jobs and abandon its 2030 green hydrogen production target. Plus, tech stocks plunge on Wall Street overnight.

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The government is set to appoint an independent administrator to oversee the CFMEU, Ralph Lauren caught up in a trademark dispute in Indonesia. Plus, Bega Cheese Executive Chairman Barry Irvin on the economic pressures the food industry is facing.

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Shares in former US president Donald Trump's media company surge sharply on the American stock market overnight. Plus, Australia's largest beef producer AACo turns 200 this year, CEO David Harris joins to discuss.

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Australian shares soar to a record high as it breaches the 8000-point barrier for the first time. Plus, Qantas launches a new direct flight from Perth to Paris, CEO Vanessa Hudson joins to discuss.

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BHP halts nickel operations until 2027, cattle saleyard volumes up 36% in the past year, 1,843 auctions scheduled this weekend. Plus, former Rex chairman moves to overthrow the board. 

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Commbank HSI rose to 0.6% in June to 150.5, Australia's Woodside Energy inks deal to supply LNG to Taiwan. Plus, worrying signs emerge from new economic mobilty report. 

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NATO to focus on long-term Ukraine support, China hits back at cyber hacking claims, the Reserve Bank of New Zealand leaves holds cash rate at 5.5%. Plus, ASIC secures prosecution against Firstmac.

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The chief executive of the anti-money laundering and counter terrorism financing agency AUSTRAC joins the show, a leading economist discusses consumer sentiment. Plus, the Taiwan Semiconductor Manufacturing Company hits trillion-dollar status. 

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France's far-left party leads exit polling, ANZ Chief Economist Richard Yetsenga joins to discuss what it means for the global markets. Plus, low iron ore prices suppress ASX gains, and the national clearance rate rises up to 61.3 per cent.

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The latest on Labour's landslide victory in the UK's general election, the ACCC releases it's Gas Inquiry report, calling for urgent action into the development of sources in production and supply. Plus, Abigail Disney halts donations to Democrats.

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Two state-owned Middle Eastern energy companies show interest in buying the Aussie oil and gas major Santos. Plus, Lotus Resources Managing Director Keith Bowes on why the company is considering reopening one of its uranium mines in Malawi.

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The number of houses approved for construction increased by 5.5 per cent in May, but it remains far from the government's target, retail sales soar more than expected. Plus, the US media executive signs a preliminary deal with Skydance Media.

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The government is preparing its spending and budget for an early election, a key government target is to build 1.2 million new homes over the next five years, but they are behind by nearly 500 homes. Plus, meme stock trader Roaring Kitty is back.

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