Show Notes
The next RBA board meeting is a fortnight away and already the Reserve Bank is on the front foot, two major companies have been hit with takeover bids on the ASX. Plus, the price of gold could lift back above $US5,000 an ounce in early 2027. See omnystudio.com/listener for privacy information.
More from Business Now with Ross Greenwood
The looming shortage of diesel fuel around the world could be the next economic challenge for inflation and interest rates, this week's rate is expected to rise to 4.2 per cent. Plus, the number of homes selling at auction is still chronically low. See omnystudio.com/listener for privacy information.
US tech stocks tumble over AI spending fears, dragging Australia’s share market to a three-month low. BiFox seeks capital to expand in South America. Plus, RBA officials fuel speculation of a Melbourne Cup Day rate hike. See omnystudio.com/listener for privacy information.
BHP warns Australia’s tax settings and weak productivity threaten its competitiveness, while Tesla and Meta beat earnings expectations. Plus, the National Reconstruction Fund chief joins the program to discuss its investment in Austal. See omnystudio.com/listener for privacy information.
NextDC shares plunge over power delays at its Melbourne data centre, Netflix and SpaceX beat earnings expectations. Plus, the Reserve Bank signals tough rate decisions as inflation surges and unemployment rises. See omnystudio.com/listener for privacy information.
NAB cuts 2,500 jobs as banks face rising costs and AI disruption, a Korean data centre company’s market debut plunges more than 30 per cent. Plus, confusion continues over credit card surcharges and ATO payments. See omnystudio.com/listener for privacy information.