SBS On the Money

Australia's inflation rate eased in May, offering some relief to households, but sticky underlying price pressures suggest the Reserve Bank may not be finished with interest rates just yet

With tax time approaching, ATO Assistant Commissioner Anita Challen explains why Australians should avoid lodging returns too early and how waiting for pre-filled information could help prevent delays and costly mistakes. Plus Stockspot CEO Chris Brycki speaks with Ricardo Gonçalves about how the latest changes to SMSFs may influence the sharemarket.

With tax time approaching, ATO Assistant Commissioner Anita Challen explains why Australians should avoid lodging returns too early and how waiting for pre-filled information could help prevent delays and costly mistakes. Plus Stockspot CEO Chris Brycki speaks with Ricardo Gonçalves about how the latest changes to SMSFs may influence the sharemarket.

Australia’s sharemarket edged lower as investors weighed a softer property market and fresh company news. Cotality Research Director Tim Lawless joins the podcast to explain why auction clearance rates have fallen to their lowest level since April 2020, what rising withdrawals mean for the housing market, and the opportunities and risks facing buyers and sellers. Then, Mark Gardner, CEO of MPC Markets, breaks down the day on the ASX, including the sharp sell-off in Wisetech, weakness among miners, gains for the banks, and what he is telling clients as markets search for direction.

The Australian sharemarket fell sharply on Friday as a 5.6 per cent plunge in BHP shares weighed heavily on the ASX 200, offsetting gains from CSL, energy stocks and the major supermarkets. BHP's decline followed a cost blowout at its Canadian potash project, although the mining giant's shares remain up around 70 per cent over the past year. SBS Finance Editor Ricardo Gonçalves speaks with Andrew Wielandt, Partner at DP Wealth Advisory, about the day's market moves and what's driving investor sentiment.

SBS Finance Editor Ricardo Gonçalves speaks with Equity Trustees Chief Investment Officer Darren Thompson about the next move in US interest rates after the Federal Reserve left them on hold, along with his outlook for the market.