OpenAI invests in Australia & markets prepare for US and local interest rates decision
SBS Finance Editor Ricardo Gonçalves speaks with Harry Morrow from Loftus Peak to find out more about OpenAI's new Australian intitiative including plans for a $7bn hyper data centre with NextDC; plus the day on the sharemarket with Omkar Joshi at Opal Capital Management.
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RBA could hike rates sooner than expected | How much super do you need?
A boost to the copper price and weaker US jobs data improving rate cut sentiment has helped lift the Australian share market, despite stronger than expected household spending data dampening hopes of future interest rate cuts locally. In fact, markets are increasingly pricing-in rate hikes in 2026. For more on this, Stephanie Youssef spoke with Morningstar chief investment officer Matt Wacher. Plus, ASFA CEO Mary Delahunty on the superannuation peak body’s latest Retirement Standard.
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Australian economy grows at fastest pace in two years
SBS Finance Editor Ricardo Gonçalves speaks with Stephen Halmarick from Economists Unchained and Alice Shen from VanEck to find out what today's official GDP data really says about the economy, implications for interest rates, and how the sharemarket reacted.
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ASX edges higher ahead of GDP data | Silver breaks new record
The Australian share market has closed higher ahead of tomorrow’s key GDP data, where a strong economic growth figure could further complicate the Reserve Bank’s interest rate decision next week. Plus, silver’s rally continues with the precious metal breaking above US$58 an ounce overnight. For more, Stephanie Youssef spoke with MPC Markets CEO Mark Gardner.
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ASX outage hits company announcements & property price growth eases
SBS Finance Editor Ricardo Gonçalves speaks with Chris Weston from Pepperstone about the day's market action including another outage at the ASX. Plus Eliza Owen from Cotality Australia takes a look at the latest property price data and future moves.
Australia