Money News

Tech stocks are taking the biggest hit post the USA midterms, but how has the Australian market reacted? Meanwhile, it is speculated that Myer would benefit from the David Jones downfall, but that doesn't seem to be the case.
Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday.
See omnystudio.com/listener for privacy information.

From the Summary Podcast - After 188 years of trading, Australian department store institution David Jones has collapsed into voluntary administration, leaving thousands of workers in limbo and major brands stripping stock from store shelves ahead of the crucial Christmas rush. The sudden crisis has sent shockwaves across the retail landscape, raising urgent questions about whether traditional shopping models can endure in the digital era.
On this episode of The Summary, host Josh Bryant investigates how the historic retailer reached this point and what the fallout means for the future of suburban malls and CBD high streets. Clinton Maynard, host of Money News, breaks down the rapid unraveling of the business, the immediate outlook for thousands of staff, and whether this collapse hands an advantage to longtime rival Myer or serves as an ominous warning of things to come. Then, retail expert Barry Urquhart explores the broader pressures crushing department stores worldwide, dissecting whether massive physical footprints and rising overheads are simply unsustainable in the age of online shopping.
Tap the follow button in your podcast app to get the latest episode from The Summary. The Summary, a podcast that keeps you connected to what matters, and why.
See omnystudio.com/listener for privacy information.

This is your week in Money News, with Clinton Maynard.

Interest Rates with Warren Hogan and Kevin Hogan
Housing with Tim Lawless
The latest on David Jones with Heather McLivaine
and Declining Birth Rates with Terry Rawnsley

See omnystudio.com/listener for privacy information.

Missed the show? Catch up on Money News with the full show podcast 📈See omnystudio.com/listener for privacy information.

Clinton Maynard speaks with Anna Shelley , Chief Investment Officer at AMP about how to best manage your superannuation
See omnystudio.com/listener for privacy information.