ABC Business Daily

Artificial intelligence is moving fast. Can the Australian government keep up? Prime Minister Anthony Albanese’s much-anticipated speech at Sydney University this week detailed what he says makes Australia uniquely attractive to AI investment and outlined the need for a national framework to take advantage of the opportunities AI affords, while ensuring standards and safeguards are put in place. Meanwhile, a group of international economists and tech leaders released an open letter, ‘We Must Act Now,’ warning that advanced AI could shake-up the economy more than the Industrial Revolution - and over a much shorter timeframe. Treasurer Jim Chalmers returns to That’s Business to dig into what the government is proposing with AI, as well as other pressing questions about the Australian economy. Alan gets the Treasurer’s take on AI safety and sovereignty, the responsibilities of data centres, and the issue of copyright and creatives - who gets paid, and how? Alan also asks the Treasurer about his meeting with Anthropic CEO, Dario Amodei, who visited Australia earlier this year. Then there’s a bit of other stuff to catch up on as well: tax, housing, migration, and the ever-present issue of productivity. As the Treasurer prepares to publish the intergenerational report (IGR) later this year, how will this once-in-a-generation technology of artificial intelligence change Australian lives?Federal Treasurer Dr. Jim Chalmers joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

SpaceX’s share price has slipped after making IPO-history last month and turning founder and CEO Elon Musk into a trillionaire. So how has the market reacted? And what does this mean for the other tech giants in line to go public?Meanwhile workers at mining behemoth BHP are planning industrial action today - at one of Australia’s huge iron-ore export hubs. What does this tell us about labour negotiations in the Pilbara?  And what’s the latest on Telstra and communication regulator ACMA - both set to appear before an ongoing Senate inquiry tomorrow?Daniel Ziffer and ABC Finance Reporter Alicia Barry break it all down on ABC Business Daily.You can read Dan's latest reporting on Telstra here. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.

Prime Minister Anthony Albanese has told Australians that it is not a matter of if - or even when -  artificial intelligence will transform the economy. Instead, the question is how that change will happen. Meanwhile nearly 200 international economists and tech leaders have signed a statement urging policy makers to take AI’s impending economic impacts seriously. So how might the government’s new AI framework allow Australia to be more than a ‘data warehouse’?And according to the Australian Council of Superannuation Investors’ annual study, the average ASX-100 CEO earned over fifty times more than the average full-time wage during the last financial year. But what does it mean for the Australian economy if half of the highest earners in ASX-listed companies are based overseas?Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.You check out the articles from Alan Kohler and Nassim Khadem mentioned on today's pod.  Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.

The price of crude oil has spiked, again. And US President Donald Trump has posted on social media, saying the US will charge a 20 per cent fee on cargo travelling through the contested Strait of Hormuz.But why is the price of oil still not as high as many would expect? And what economic costs remain behind a ceasefire that appears to have effectively collapsed?Meanwhile, we continue the conversation on economic productivity, looking at another cornerstone of the Australian economy: property.So how does the value of Australian housing compare to the size of the economy? And what has the Australian property market done to productivity? Daniel Ziffer and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.Check out Ian's recent articles on the global energy crisis and the effect of property on productivity. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.

The interaction between pay and productivity has driven some of Australia’s biggest economic and policy debates in recent decades.New research from the Centre for Policy Development suggests that the typical worker’s wages are not keeping pace with productivity growth. And moreover, it's been this way for three decades.   So why does productivity matter? And what larger questions does this research raise about how we set wages and harness technology here in Australia?Daniel Ziffer and ABC Business and Economics Reporter Gareth Hutchens break it all down on ABC Business Daily.You can check out Gareth's piece on the pay and productivity research here. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at [email protected] and we'll attempt to answer it.

Justin Wolfers has spent 25 years in the United States watching the world’s biggest economy from close range - and from the useful distance of an Australian accent that still cuts through the absurdity.A former Reserve Bank economist and now Professor of Economics and Public Policy at the University of Michigan, Wolfers has become one of America’s sharpest economic communicators.He joins Alan Kohler to talk about the health of the US economy, the chaos of Trump-era policymaking, the folly of tariffs, the importance of immigration, and why the decisions made in Washington still ripple all the way to Australia.They also get into housing, climate change, AI, and the Federal Reserve under Kevin Warsh.And because this is America in 2026, Alan also asks the obvious question: did Justin Wolfers make the Taylor Swift-Travis Kelce wedding guest list? And what does the whole spectacle say about celebrity, wealth and power in modern America?Justin Wolfers and Alan Kohler unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

Telstra’s outage has caused dismay and anger across the country. And as problems continue into a second day, questions are being asked about whether further regulations are needed. So what are the business costs of this chaos? And what could the impact be for Telstra’s bottom line?And the latest rental data confirms a troubling tale for those looking for somewhere to live.While the property conversation in Australia so often focuses on those looking to buy homes, what do the numbers tell us about those who aren't in that position?Carrington Clarke and ABC Business Reporter Daniel Ziffer break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The Telstra outage has caused disruption across the country - and highlighted just how dependent businesses and households have become on systems that are meant to work, seamlessly and constantly.At the same time, AI is spreading fast through workplaces and the economy, promising productivity gains while raising harder questions about reliability, regulation, and the future of jobs. Carrington Clarke is joined by ABC National AI and Technology Reporter Cam Wilson, live from a Sydney forum on whether Australia has the right settings in place, to unpack what he is hearing.You can read Cam's latest piece on AI and the job market here.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

A multi-billion-dollar broadcast deal is in the works for the NRL - and if it goes through (as it's expected to), it would become the biggest media rights deal in Australian history.So what does the sheer amount of money on the table say about the state of Australia’s media industry? And with Nine, Foxtel and Stan all in the mix, who is actually going to foot the bill?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.You can check out Ian's piece on the NRL here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

With the financial year officially over, it's time to take stock of the Australian stock exchange, which saw a record number of Exchange Traded Funds added to its board last year.So what explains this spike in ETFs on the ASX? And who is actually utilising them?And while the value of Australian stocks did increase last financial year, the ASX lags far behind the gains of other global indexes.  What's behind the growth overseas? And what explains the gap?Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.Hear today's episode of fuelcast - our last one, at least for now - here! Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

With the 50 per cent fuel excise cut now over, it's a good time to take stock of where the energy crisis stands - from the price of Brent crude, to the still-fragile movement of ships through the Strait of Hormuz.So how do things now compare with where they were before the US and Israel attacked Iran on 28 February? Has the disruption in Hormuz permanently reshaped other critical shipping routes around the world? And how should we think about energy security from here?Carrington Clarke and Alan Kohler help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Fuelcast is taking a pause for now - but we will keep tracking the economic fallout from the war between the US, Israel and Iran on ABC Business Daily, in the same feed where Fuelcast lives - hit like and follow so you never miss an episode.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

The war between Iran, the US and Israel has forced the world to confront just how fragile energy supply still is. Even with a memorandum of understanding now in place, the Strait of Hormuz remains a live fault line - and the shock has again exposed how quickly fuel security can become an economic and political question.Matt Halliday runs Ampol, one of Australia’s biggest fuel retailers and the owner of the Lytton refinery in Brisbane. He joins Alan Kohler to talk about what the conflict exposed about Australia’s fuel vulnerabilities, how Ampol managed through the disruption, and why refining, storage and supply have once again become strategic questions - not just commercial ones.It is also a conversation about the transition already under way - electric vehicles, public charging, low-carbon fuels, and how a company built around petrol and diesel plans for a market that is slowly, unevenly, starting to shift.And yes - Alan also asks the obvious question: does the chief executive of Ampol see an electric car in his own future?Ampol chief executive Matt Halliday joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

We've heard a lot about negative gearing and investment properties recently, so if you own property, what will the changes mean for you?In this episode Carrington Clarke and Emily Stewart get into the nitty-gritty of the new rules for investment properties: from indexation to negative gearing, grandfathering to offsetting. Listen in to hear what these changes mean for new build dwellings or the home you've had in the family for years. Be sure to check out Emily's ABC Newsletter, Your Money Explained. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Fresh financial disclosure documents gave the world a window into just how much money United States president Donald Trump has made during his first year back in the White House. And the numbers might shock you.Is it right for a leader to be making such serious cash while in office - particularly when some of those riches came from Trump's controversial meme coin, despite a lot of private investors coming up short in the same deal?And with the president's investments paying off - where does this leave those in Australia and around the world who might be thinking of investing in crypto and other options, like gold?Carrington Clarke and ABC Business Reporter Lin Lin break it all down on ABC Business Daily.Be sure to catch today's tax-time bonus episode, all about tax changes for shares, here!Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Do you own shares or ETFs? The proposed CGT changes could affect your investments.In this episode Carrington Clarke and Emily Stewart explain CGT tax changes in store for Australians who own EFTs and direct shares. Listen in to hear how the system used to work, how the new system is set up, and when the switchover will go into effect. Be sure to check out Emily's ABC Newsletter, Your Money Explained. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The monthly property data we've been waiting for is here. And the numbers tell us that national property prices are, in fact, falling. Meanwhile, rents are rising at an extraordinary clip - what part does this play in the affordability picture?And in the wake of a wave of scandals at the big four consulting firms, the government has proposed potential regulations to respond to an industry occupied by only a few big players.So what sorts of things could change?Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.Be sure to catch today's tax-time bonus episode - on the new $1,000 tax deduction - here! Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

You might have heard about the new $1,000 tax deduction for work-related expenses... but how will it actually work?In this episode of Tax Week with ABC Business Daily, Carrington Clarke and Emily Stewart unpack everything you need to know about the new $1,000 dollar work-related tax deduction: what it is, what it isn't, and who it makes sense for. Be sure to check out Emily's ABC Newsletter, Your Money Explained. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Tech titans are spending trillions of dollars as they compete to be crowned winner of the ongoing artificial intelligence race.  But this raises a fundamental economic question: is the expenditure actually going to be worth the prize?And will there be anything left over for those who come runner up?You can read Ian's AI analysis here.  Be sure to catch our bonus tax-week episode here - a what-you-need-to-know before the financial year ticks over tonight! Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Not sure what to do with all those tax receipts? How will the new $1000 tax deduction actually work? And what about changes to negative gearing and the CGT discount? Welcome to Tax Week with ABC Business Daily, a special bonus series hosted by Carrington Clarke and ABC finance reporter Emily Stewart, aka ‘Sensible Emily’, editor of the Your Money Explained newsletter.  In this episode Carrington Clarke and Emily Stewart cover what to do before the financial year ticks over tonight, what to know about work-related purchases, and the low-down on super top-ups and concessional contributions. Be sure to check out Emily's ABC Newsletter, Your Money Explained. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

American drivers will have one less electric vehicle maker to choose from, with the news that EV company Polestar has been banned from selling in the US.So why is the Swedish brand seemingly paying the price for its Chinese tech? And what questions does this raise for a booming Australian EV market - packed with Chinese cars?  Meanwhile here at home, a long-time-coming piece of legislation that takes aim at money laundering will introduce added requirements for those working in the property and related industries.How do these new laws interact with an Australian property market that is currently cooling across much of the country?Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.You can listen to today's episode of Fuelcast here. And you can read Daniel Ziffer's piece on new anti-money laundering laws here. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The US struck Iran over the weekend following Iran’s drone attack on a cargo ship in the Strait of Hormuz late last week. Ebrahim Azizi, head of the Iranian parliament’s national security commission, responded to US President Donald Trump on social media saying, “the Strait of Hormuz is governed by Iran, so: Respect the rules” and do “not mistake control for escalation.”Iran is effectively controlling the Strait of Hormuz by targeting shipping insurance viability, pressuring vessels to seek approval from its newly established Persian Gulf Strait Authority (PGSA).Does this mark a global shift in terms of how passage through the Strait is governed? What will the next move be from the US? Carrington Clarke and Alan Kohler help you keep on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Read Alan's latest analysis here.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

4DMedical has become one of the most closely watched healthcare companies on the ASX this year, as investors and hospitals alike pay attention to an Australian technology company trying to change how lung disease is detected and treated.Andreas Fouras is the mechanical engineer behind it. He took technology originally developed to study airflow in wind tunnels and adapted it to measure airflow and blood flow inside the human body. Two decades later, 4DMedical is selling into some of America’s biggest hospitals, showing how Australian medical imaging technology can find a much bigger market offshore.Alan Kohler speaks to Fouras about how the technology works, why US hospitals are paying up for it, the long road from research idea to commercial product, and the complexities of getting homegrown health technology into Australian hospitals.Then there is the question of cost - and the ethics around big profit margins in a medical setting. And what does Fouras make of the new capital gains tax rules for startups trying to build the next wave of Australian growth?CEO of 4DMedical Andreas Fouras joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

It's been a big week for economic data - with fresh jobs numbers in from the ABS, showing that employment increased in May.But how do these numbers relate to the bigger economic picture in light of yesterday’s CPI data and the RBA's July decision?And while the data says that some Aussies are starting jobs, another media shake-up appears to be brewing. What do you need to know about media reports that Today host Karl Stefanovic is expected to leave Channel Nine?Meanwhile APRA has issued an AI warning to Australia's financial institutions. What's behind the regulator's message to 'fight fire with fire?'Carrington Clarke and ABC Finance journalist Alicia Barry break it all down on ABC Business Daily.Tune into the Business, weeknights on ABC iview.  Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The latest CPI numbers showed headline inflation easing thanks in part to falls in fuel prices.But the trimmed  figure - which helps to measure underlying inflation came in hotter than the previous month.So where does this leave the RBA on the question of  'where to next' on interest rates?Meanwhile - there’s been a budget deal with Labor and the Greens. What do you need to know about it? And why are some Australians noticing a spike in their electricity bills?Be sure you're keeping up with the latest breaking business and economics news on the ABC Live Business Blog.  Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Today brings tales of Australian business turmoil. After criticism and pressure, more heads are rolling at KPMG, while one-time tech darling, WiseTech Global, saw its share price pummelled yesterday - hitting a 5 year low following reporting surrounding founder Richard White.And while this unfolds at home - is SpaceX shaking up business as usual on the stock market internationally?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.You can read Ian's article on SpaceX here. And listen to our sister podcast Politics Now, unpacking the Greens' support of Labor's capital gains tax and negative gearing changes, here. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Fresh data from Cotality shows that property sales continue to slow with a drop in auction clearance rates while the rental market remains hot.Meanwhile a new report into Australia’s tax system says young people are carrying more than their fair share of the load.And did Friday’s senate inquiry into KPMG mark a major milestone in holding the professional services firm to account? Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.Check out Gareth Hutchens' piece about the tax system report here.  Listen to today's episode of Fuelcast here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

The fighting may have eased, but the picture in the Strait of Hormuz is still murky - with conflicting claims about whether oil is really moving through one of the world’s most critical shipping routes.At the same time, the federal government has extended the fuel excise cut, but at a smaller discount. So what does that say about fuel security, petrol prices, and how worried Canberra still is?Carrington Clarke and Alan Kohler help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

Voice AI is one of the clearest fronts in the fight over what artificial intelligence will actually do to human work.Not in theory, and not eventually - but right now, in one of the most routine, repetitive and heavily staffed parts of the economy: the call centre.Will Bodewes is the Melbourne graduate behind Phonely.ai, a now San Francisco-based startup building voice agents for businesses that want phones answered instantly, cheaply, and at scale.He joins Alan Kohler to talk about what that means for the millions of people who currently do that work, how much of this is really about productivity versus replacement, and why the pitch to business is as blunt as it sounds - lower costs, no wait times, and fewer missed opportunities.But this interview does something extra too. Alan actually talks to the AI itself - testing what it sounds like, how natural it feels, where it stumbles, and what that reveals about both the promise and the limits of the technology.They also get into the bigger questions: whether customers should always be told they are speaking to a machine, how close voice AI is to sounding fully human, the risks of scams and fraud, and whether tools like this are making life easier - or just quietly automating more people out of a job.Will Bodewes, founder of Phonely.ai joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

There's a lot of heated debate about Australia's immigration program. And so when a new report on the economic outcomes of skilled worker visa holders hit host Carrington Clarke's inbox - he was eager to find out more.Today on the podcast, Carrington is in conversation with Dr. Peter Varela,  research fellow at the Tax and Transfer Policy Institute at the Australian National University - one of the report's authors.So what does the data tell us? And does it offer any solutions to improve the productivity of the Australian Labour market?Also - the government unveils carve outs for CGT. We get Peter Varela's take after his appearance at the Senate Inquiry earlier this week. Carrington Clarke and Dr. Peter Varela, research fellow at the Tax and Transfer Policy Institute at the Australian National University, break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The RBA’s decision to leave rates on hold might have triggered a collective sigh of relief from Australia’s mortgage holders, but there was a clear warning from RBA governor Michelle Bullock that the board stands ready to hike further if necessary.And after months of negotiation, ARN Media has reached a settlement with its former radio star Kyle Sandilands.While Sandilands gets a multimillion-dollar golden parachute. Could the deal mean he’s soon a competitor with the company that helped make him a very wealthy man?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

After three rate hikes in 2026, the Reserve Bank has finally hit pause - leaving the cash rate unchanged at 4.35 per cent.The Board says inflation is “still too high” and that higher fuel prices are “passing through to the prices of other goods and services”, but decided to hold steady while it assesses the impact of earlier increases.Carrington Clarke and ABC News Business Editor Michael Janda unpack the unanimous decision on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The Australian stock market has surged after US President Donald Trump declared that oil shipments will soon start flowing freely through the strait of Hormuz.The announcement comes as Australia's Reserve Bank starts its deliberations about what to do with interest rates ahead of tomorrow afternoon's decision.So does this Hormuz news lower the chance of further rate hikes?Carrington Clarke and ABC Business Reporter Steph Chalmers  break it all down on ABC Business Daily.Catch up on today's episode of Fuelcast here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

“Ships of the world, start your engines. Let the oil flow!”That was US President Donald Trump on Truth Social after news that the US and Iran had reached a ceasefire agreement - a deal Iran has also confirmed.But we've been here before - and while the announcement is dramatic, plenty of questions remain. Will the oil really flow? How will we know when the Strait of Hormuz is truly open? How long will it take for fuel supply to normalise? And what happens next for oil prices?Carrington Clarke and Alan Kohler help you keep on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

Katharina Mildren started her fashion label, Katharina Lou, at her kitchen table not long after finishing university. A few years on, the business is growing at 50 per cent a year, employs half a dozen full-time staff, and has built a customer base that extends well beyond Australia.This is partly a classic founder story - how to start a business, manage cash flow, deal with stock, and grow without losing control.But it is also a story about how a new generation of founders are rewriting the rules of retail: building brands through influencers, social media, scarcity, pop-ups, and direct relationships with customers rather than relying on permanent shopfronts.Alan Kohler speaks to Katharina about how the brand grew from a kitchen-table idea into a fast-moving fashion business, what it takes to scale in a crowded market, and why modern retail is as much about identity, community, and online momentum as it is about the clothes themselves.Katharina Mildren, founder and creative director of Katharina Lou joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

Inflation in the United States has jumped to a three-year high, with rising energy prices adding fresh pressure as the war in Iran escalates again.So what does hotter US inflation mean for global markets, interest rates, and Australia?And with SpaceX about to go public in what could be a historic market moment, how should investors think about the hype - and the growing security concerns around Starlink?And we answer listener Phil's question.Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.Catch up on The Business here.Got a burning business question like Phil?Send a short voice recording to Carrington and the team at [email protected]

Australian grocery giant Woolworths is expected to ship hundreds of corporate jobs offshore. Barbeques Galore says it's going to close up shop with hundreds of workers facing redundancy. What to make of these retail shakeups?And why is Wesfarmers positive about the transformational power of AI?Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.Catch up on today's episode of Fuelcast here. And you can read Steph Chalmers and David Taylor's article on Barbeques Galore here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

Energy and Climate Minister Chris Bowen says Australia’s petrol, diesel, and jet fuel reserves are now higher than they were when the war in Iran began - and enough to keep the country secure through August. But as Transport Minister Catherine King warns, the fuel excise cut is still expected to end this month. So is what we have on hand enough?And what does that tell us about fuel security, the politics of relief, and the push for electrification - if electricity holds the answer to potential future energy shortages?Carrington Clarke and Ian Verrender help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

After weeks of anticipation, Elon Musk’s SpaceX is finally about to go public at the end of this week - but not before OpenAI also turned heads, with news that it's looking to test the public market.So is there any risk behind the sky-high SpaceX hype? And a week out from the RBA’s next rate decision, economists at Australia’s big four banks can’t seem to agree on the RBA's next move. What's behind the divergence in economic opinion - and is it something we should be concerned about?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.You can listen to yesterday's episode of Fuelcast here.You can also read Ian's piece on interest rates here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

Negotiations between Iran and the US remain up in the air as Iran sends missiles toward Israel for the first time since April.  Meanwhile the oil producing countries of OPEC+ say they will increase production in July. But with the Strait of Hormuz still closed, will that oil have anywhere to go?And we answer your questions: why the disruptions to oil have been so big – given that only 20% of the world’s oil comes through the Strait of Hormuz. Carrington Clarke and Alan Kohler help you keep on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

Childcare has become a system that almost everyone relies on, but very few think is working properly.Families pay a lot, quality is uneven, and after years of marketisation the sector is now dominated by for-profit providers. So how did Australia end up here? Why is the system still so expensive? What does the data say are the differences between for-profit and not-for-profit care? Does fixing it now require more than tinkering at the edges?Adelajda Soltysik is one of Australia's foremost experts on childcare. She joins Alan Kohler to examine the deeper fault lines in the system - from the shift away from direct government funding, to the limits of means-tested subsidies, the case for a 100 per cent subsidy, the lessons from Canada, the role of private equity, and why some of the best community-run centres are still struggling to survive.Senior Policy Advisor with the Centre for Policy Development Adelajda Soltysik joins Alan Kohler to unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

A simmering scandal at accounting firm KPMG has reached a boiling point with multiple heads rolling and admissions about poor handling of a whistleblower’s complaint. It's raising questions, once again, about how the big four accounting firms operate in Australia.Meanwhile tariff threats from the United States have surfaced anew. What exactly does it mean for Australian businesses?Carrington Clarke and Tansy Harcourt, Senior Reporter for The Australian, break it all down on ABC Business Daily.Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

New data shows Australia’s economy was already slowing the first three months of the year, before the full impact of a series of interest rate hikes and the war in the Middle East washed through.So what does this slowdown mean for the outlook for interest rates?And what will the Fair Work Commission's wage hike mean for Australia's workers?Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.Catch up on today's Fuelcast here.Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

Have oil prices been too calm for a crisis this big?Economists are starting to worry that forecasts for the length of the conflict - and the hit to global oil supply and prices - have been too optimistic. So what if this war drags on?And with just one month left on the reduced fuel excise, will the government extend the relief if there is still no end in sight?Carrington Clarke and Ian Verrender unpack the latest and help keep you on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

There’s a race happening on Wall Street, as AI giants rush to go public and collect the prize of passive funds. Anthropic has made the latest move to file on the heels of SpaceX, which is already set to stage the largest public offering in stock market history.And a huge uptake in home batteries here in Australia is reshaping the power industry. Could battery-generated power help the nation to combat inflation?Carrington Clarke and ABC Chief Business Correspondent Ian Verender break it all down on ABC Business Daily.You can find Ian's article all about battery power in Australia here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

National property price rises have stalled, according to recent data, as three successive rate hikes and planned property tax changes seem to dramatically shift the market.So where does the Australian property market go from here?And as the Australian Bureau of statistics prepares to release GDP data later this week, there’s a larger conversation going on about what GDP measures - and what it doesn’t.Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.You can listen to today's episode of Fuelcast here. And you can check out the 'Housing Hostages' series that Michael mentions from our friends over at ABC News Daily. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

Fears are growing that global oil supplies are approaching “minimal operational limits” – the amount of oil needed to keep pipelines and storage facilities stocked and safely running. So what is the difference between minimum oil requirements, and the oil that’s available to go to market? And we answer a fuel storage question from listener Serghei in Canberra.Carrington Clarke and Alan Kohler help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]

Artificial intelligence is no longer just a Silicon Valley fascination, a share market story, or something happening off in the distance.It is becoming a force that could reshape work, productivity, innovation, and the way whole economies function - and one of the companies at the centre of that shift is Anthropic, the maker of Claude.Peter McCrory is Anthropic’s chief economist. His job is to make sense of how this technology is being used by, and its impact on, workers, firms, and the economy right now.At the same time, his boss, Anthropic CEO Dario Amodei, has become one of the loudest and most alarming voices in AI - warning that half of white-collar jobs could disappear within five years, and that the risks are far bigger than most governments or businesses are treating them.Alan puts that tension directly to McCrory: where he falls between the company’s warnings, the real-world data, and the possibility of AI becoming not just another tool, but a machine for accelerating innovation itself.Peter McCrory and Alan Kohler unpack it all on That's Business with Alan Kohler.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

Fresh analysis from the Reserve Bank, released today, paints the clearest picture yet of Australian housing investors.So who exactly are they? And what does this detailed demographic data tell us about the property market’s winners and losers?And liquor giant Endeavour Group has announced that it's exiting its vineyards and wineries portfolio.What does the future of one of Australia’s largest pub and bottle shop owners look like, in a world where people are drinking less? And have we reached “peak wine”?Michael Janda and ABC Finance Reporter Alicia Barry break it all down on ABC Business Daily.You can check out Gareth Hutchen's reporting on the RBA's property research here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

Data from the Australian Bureau of Statistics released today shows that the Consumer Price Index fell in April, thanks in large part to easing fuel costs. But underlying inflation remains stubbornly elevated.   So what should we make of these numbers? How might they shape the RBA’s moves on next month’s rates decision - and is this a good or bad sign of the health of our economy?Daniel Ziffer and ABC Business Reporter Nassim Khadem break it all down on ABC Business Daily.In case you missed it, catch today's episode of Fuelcast here. Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

One of the big stories out of Canberra this week is the government’s draft discussion paper on a domestic gas reservation policy.So is it a realistic plan? Does the government have political support from the Opposition - and public support too - as calls for a gas tax grow louder in some parts of the country? And what would it actually cost, and mean, for the flow of gas to households and businesses?Daniel Ziffer and Tom Crowley help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.Got a burning brent crude question?Send an email to Carrington and the team [email protected]