SBS On the Money

Oil prices jump 12 per cent in a week

Oil has jumped 12 per cent in a week, raising concerns about household costs and financial markets. Matt Wacher from JANA Investment Advisers explains what surging oil prices mean for consumers and investors, while VanEck’s James Gil examines record ETF inflows and where Australians are putting their money. Hosted by Ricardo Gonçalves.

More home sellers are abandoning auctions

More vendors are switching to private treaty after testing the changing property market.

Hosted by Ricardo Gonçalves, this episode examines why more home sellers are moving from auction to private treaty. Domain’s Nicola Powell explains the changing sales strategy in a conversation with Tom Kennedy, while Peak Asset Management’s Niv Dagan unpacks the ASX 200’s 1 per cent fall and the pressure from oil prices above US$100 a barrel.

Oil nears $US100 a barrel after attacks on Saudi infrastructure, raising inflation fears and the Australian dollar.

Ricardo Gonçalves examines the forces pushing oil prices higher and what they could mean for motorists, with Betashares Senior Investment Strategist Cameron Gleeson. They also unpack the Australian sharemarket’s six-week low, changing interest rate forecasts and the Australian dollar’s rise against major currencies.

Australia’s residential property wealth has fallen for the first time in four years, helping push consumer confidence deeper into pessimistic territory. In this episode of SBS On the Money, Ricardo Gonçalves speaks with Matt Hassan, Senior Economist at Westpac, about what the housing downturn means for homeowners, spending and interest rates. The Australian sharemarket also hits a six-week low, with Stuart Roberts from Stocks Down Under unpacking the market moves, while a weaker French wine harvest could soon mean higher prices for champagne as wine economist Kym Anderson tells Tom Kennedy.

Daniel Martin from Alvia Asset Management goes through today's Australian share market action including plans for Kogan.com CEO Ruslan Kogan to restructure his pay, which would see him receiving the minimum wage.