ABC Business Daily

Thailand's massive car manufacturing industry has seen the country nicknamed the "Detroit of Asia".But China's electric vehicle boom is shaking up the Thai automotive sector, with Chinese brands dominating the EV market and local manufacturers pushing for tariffs to protects themselves as vehicle production falls. Meanwhile in Australia, the economics of going electric are shifting again as oil prices come under renewed pressure and EV sales climb. On ABC Business Daily, Carrington Clarke and ABC Business Reporter Lin Lin explain how consumer behaviour and government policy turned Thailand's car market upside down, and unpack what we can learn from it in Australia. 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 people building the world’s most powerful AI systems are starting to warn that development may be moving too fast.Some want a slowdown and stronger safeguards. Others, including Donald Trump, are dismissing those warnings as a “hoax” that could hand China an advantage.But underneath the safety debate is a huge economic story too - billions in investment, rising debt and enormous expectations riding on the AI boom.Carrington Clarke and ABC Business Correspondent David Taylor unpack what’s driving the pushback, what it could mean for Australia, and why the US 10-year Treasury yield breaking above 5 per cent is another sign that global markets are feeling the pressure 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.

Brent crude is back above US$100 a barrel, with a second critical global energy choke-point now looking increasingly vulnerable. At the same time, Australia has its own problem to solve. The Reserve Bank of Australia says inflation remains the country’s biggest economic concern - but some of the pressures pushing prices higher, including another jump in oil, are coming from forces Australian interest rates can’t control.So how dangerous is this latest oil spike - and are borrowers being asked to carry the cost of inflation they didn’t create?Carrington Clarke and ABC Business Editor Michael Janda break it all down on ABC Business Daily.Listen to our chat with Satyajit Das on if we're heading for a "Bondmageddon" 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.

Donald Trump is rewriting the rules of global trade, using tariffs as political weapons and up-ending decades of economic orthodoxy.At the same time, trade routes themselves have become central to the war in Iran, with the Strait of Hormuz sitting at the heart of the conflict.So what does someone who has spent his career understanding the politics and economics of trade make of all this disruption?Former Australian trade negotiator and author of Why Politicians Lie About Trade, Dmitry Grozoubinski joins Alan Kohler on That’s Business with Alan Kohler to unpack Trump’s trade war, Mark Carney’s retaliation from Canada, and what the upheaval could mean for Australia and the global economy.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

Bathla Group has collapsed owing billions, with hundreds of projects caught up in the fallout.But when a developer that big goes under, the bigger question is what it tells us about the wider market. Was Bathla simply a company that grew too fast and took on too much debt - or is it a sign of deeper pressure across property and construction?In this special episode of ABC Business Daily, ABC Business reporter Lin Lin is joined by AMP Chief Economist Shane Oliver to unpack how higher interest rates, rising construction costs and the growth of private credit are reshaping the industry.Listen to our chat with Satyajit Das here.Read Lin Lin's reporting on Bathla Group 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.

Nike has lost its edge.More than US$230 billion has been wiped from its market value since its 2021 peak, and its share price is now back around levels last seen more than a decade ago.For a brand that has dominated global sport for generations, that’s a remarkable fall. So what went wrong? Was it China, competition, brand dilution - or simply a business that stopped setting the pace?ABC Business reporters Lin Lin and Dan Ziffer unpack how Nike ended up being dropped from the top 100 companies on the US share market, and what its slide tells us about the risks facing even the biggest global brands, 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.

One Nation wants Australians paying rent or a mortgage to take more of their superannuation home now - but what could that cost them later?The proposal has ignited a political fight, with One Nation Treasury spokesperson Barnaby Joyce arguing people should be trusted with their own money. But behind the rhetoric are much bigger economic questions about retirement balances, inflation, interest rates and Australia’s $4.4 trillion super system.ABC Business Editor Michael Janda and ABC Business Correspondent David Taylor unpack what One Nation is actually proposing, what we learned from the COVID-era experiment with early super access - and whether the numbers behind this latest pitch stack up - on ABC Business Daily.Listen to Alan Kohler's conversation with AustralianSuper head Paul Schroder here.Listen to the political breakdown of One Nation's super plan on our sister podcast Politics Now here.Listen to our chat with Satyajit Das on if we're heading for a "Bondmageddon" 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.

Satyajit Das thinks another major global financial crisis might be coming - and soon.He was warning about dangerous debt structures well before the 2008 Global Financial Crisis. Now, with inflation still sticky, interest rates elevated, debt piling up and huge amounts of money pouring into AI, he thinks the pressure is building again. But what breaks first?In this special episode of ABC Business Daily, former banker and financial commentator Satyajit Das joins ABC Business Editor Michael Janda to unpack the risk of “Bondmageddon”, whether the world has become too dependent on cheap money, and how the AI boom could become another fault line in the financial system.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.

WiseTech Global is one of Australia's great technology success stories, running CargoWise, the operating system for global trade.But in recent years it's been engulfed in scandal amid grave allegations against founder and former CEO Richard White, which he strenuously denies. On top of that, the company's facing a changing tech and trade landscape thanks to AI.WiseTech's new(ish) CEO Zubin Appoo talks through how to pull a company out of a crisis, and debates whether artificial intelligence will change the game - just like the internet did for Alan's old newspaper jobs.Zubin Appoo, CEO of WiseTech 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]

Australia’s biggest retailers have opened their books - and the numbers tell a pretty revealing story.Woolworths and Coles remain firmly in control, but the numbers show their strategies are shifting. Online sales are surging, shoppers are hunting around for value, Aldi’s growth has slowed, and smaller players are fighting over an increasingly narrow slice of the market.In this special episode of ABC Business Daily, Carrington Clarke is joined by Barrenjoey retail analyst Tom Kierath for a deep dive into what the latest results from Woolworths, Coles, Aldi and others are really telling us.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 world economy is being pulled in several directions at once.The war between the US and Iran has flared again, while fears are growing about what a wider escalation in Russia’s war on Ukraine could mean for energy, trade and global markets.In this special episode of ABC Business Daily, Carrington Clarke is joined by Madison Cartwright, a geopolitical and geo-economic analyst who’s now at Commonwealth Bank, to unpack what he is watching - and what it could mean for Australia.And amid all of that, there’s a fresh read on the Australian economy, with new GDP figures showing how growth is tracking and adding another piece to the puzzle ahead of the RBA’s next interest rate decision.Catch up on the political impacts of the GPD result on our sister podcast, Politics 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.

"No one wants to catch a falling knife."Australia’s property market is shifting fast. Home values have now fallen for five months in a row, buyer activity is down, auction results are softening, and 93 per cent of capital city suburbs recorded price falls through winter.But falling prices do not mean the same thing for everyone. For some buyers, it could mean opportunity. For sellers and heavily indebted households, the pressure is building.Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.Read David Taylor's analysis on the latest property data 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.

September is shaping up as a big month for interest rates.In the US, Kevin Warsh is talking tough on inflation, while here at home three of the big four banks now think the RBA could hike again - potentially as soon as next month.So are borrowers on both sides of the Pacific about to be slugged again? And what would that mean for an Australian property sector already under pressure, as the fallout from Bathla Group’s multi-billion-dollar collapse continues?Carrington Clarke and ABC News Business Editor Michael Janda 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.

YouTube, TikTok and Instagram are full of "content creators", but very few turn it into a profitable business.Brisbane comedy duo, Marty and Michael, got their start doing silly stunts on Facebook. More than a decade later, they have nine staff and 13 million followers across social media platforms. They've worked with US "Jackass" comedians and built a brand from that same style of fearless comedy.Marty and Michael join Alan Kohler to discuss the highs and lows (and there have definitely been some lows) of building a comedy empire. They chat about building an audience, making money from content and the challenges of turning social media into a sustainable career.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected] a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

There’s been a dramatic shift in interest rate predictions among some of Australia’s biggest banks today with CBA joining ANZ in predicting we’ll get a hike in November. NAB says the RBA likely to act next month.So is more borrower pain all but certain to deal with Australia’s inflation problem? And in the US, Meta has tried to minimise its pain by settling a massive court case avoiding the ignominy of their CEO being forced to take the stand, but is this the end of their legal woes? Carrington Clarke and Alicia Barry 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.Got a burning business question?Send a short voice recording to Carrington and the team at [email protected] 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 out today shows prices are rising slower than they were earlier in the year, but still well above the Reserve Banks target. So does that mean the Reserve Bank might be forced to hike rates even further? And Canada has loaded its tariff cannon to aim at its southern neighbour… will it light the fuse? Carrington Clarke and Diana Mousina, Deputy Chief Economist at AMP 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.Got a burning business question?Send a short voice recording to Carrington and the team at [email protected] 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.

US Treasury Secretary Scott Bessent has announced a series of measures which he says will cause the ‘economic asphyxiation’ of Iran, including going after other countries that do trade with the Middle East power.But with no end in sight to the ongoing global energy crisis, a wave of secondary food shortages are cresting on the horizon.  So how is this affecting the economics of Australian farming? And how vulnerable are global food supplies?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.You can read Ian's analysis on fuel and food shortages 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.

Trade talks between the US and Canada broke down over the weekend, meaning a raft of Canadian products are now facing a higher tax slug. Canadian Prime Minister Mark Carney says Canada will retaliate against the US “dollar for dollar.”And meanwhile the Australian dollar has been gaining value against the greenback for eight weeks in a row. But is the Australian dollar really getting stronger? Or is the US dollar just getting weaker?Carrington Clarke and ABC News Business Editor Michael Janda 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.

As a podiatrist, Anna Baird spent a lot of time thinking about feet. In 2008, she wanted to be able to recommend comfortable and fashionable shoes to her clients and when she couldn’t find ones she liked, she decided to make them herself.In this episode, Alan Kohler sits down with Anna Baird, founder and CEO of Bared Footwear, to unpack the story behind one of Australia’s most distinctive shoe businesses. They discuss the highs and lows of building a business from scratch, the realities of scaling a retail brand, the importance of customer loyalty and how Baird’s podiatry background continues to influence every pair of shoes Bared makes.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

There’s been a stream of news out of the banking sector - from earnings results to plummeting home loan applications to AUSTRAC’s investigation into mortgage fraud. So Carrington has called on Brian Johnson, Senior Banks Analyst at MST Financial, to unpack it all. What to make of banks' AI uptake? And just how much does the banking sector spend on staffing costs?Also why are Australian bank shares so expensive? And what in the world is ''horse-o-nomics'? You’ll have to listen to find out.Carrington Clarke and Brian Johnson, Senior Banks Analyst at MST Financial 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.

Tech titan Meta, the parent company of Facebook, Instagram, and WhatsApp, is defending itself in US court against claims that it designed deliberatively addictive products aimed at children. What’s at stake in this bellwether case? And what happens if Meta loses?And financial intelligence agency AUSTRAC has made hundreds of referrals to authorities in connection with an investigation that has uncovered what the regulator is calling 'coordinated mortgage fraud.’   So just how big a problem is it? And what happens next?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.

The yield on thirty-year US Treasury bonds is the highest it’s been in nearly two decades. So why are investors demanding a higher return in exchange for lending money to the US government? And why should Australians pay attention?And as Australian property prices fall, what can we learn from our commonwealth cousins - New Zealand and Canada - about the risks of a bursting property bubble?We also answer another listener question - this time about bankrupt businessman Jon Adgemis. 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.

Host Carrington Clarke is back in the hosting chair to discuss the news that some of Australia’s gig workers now have a new safety net in place - with a new wage floor and insurance protections that come into effect today. But how will this affect the hundreds of thousands of independent contractors across the country? And what will it mean for delivery costs?And national preliminary auction clearance rates are the highest they’ve been in months.Does this mean the property market is starting to strengthen? Or is the picture more complicated?And we answer a property-related listener question.Carrington Clarke and ABC News Business Editor Michael Janda 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.

What if farmers could herd cattle with a swipe of their smartphone?Craig Piggott, founder and CEO of tech company Halter, has done just that - developing cattle collars that let farmers manage their herds via virtual fences.    Craig joins Alan to talk about growing up on a New Zealand farm, how the collars work, why company culture is so important to the startup, and after expansions to the US and Australia, which worldwide markets Halter has its sights set on next.And Alan asks whether Halter's collars can help stem generational attrition in farming families. Craig Piggott, founder and CEO of Halter, 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 more than two-billion-dollar bailout is on the way for Tomago, Australia’s largest aluminium smelter. It’s a move that Prime Minister Anthony Albanese says will secure jobs and sovereign capability for the Australian economy.So what do we know about who will foot the bill? And what questions does this raise about the costs of decarbonisation?And what to make of earnings results from corporate heavyweights Telstra, Origin and Insurance Australia Group after outages, data leaks and accusations of price gouging. Michael Janda and ABC Business Reporter Lin Lin 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 the team at [email protected] and we'll attempt to answer it.

Commonwealth Bank earnings are in – and in the billions – an increase from last year’s results that exceeds expectations for the banking behemoth. But what to make of the dip in mortgage applications that CBA and other banks are reporting?And how are the banks, and the RBA, looking at persistently weak productivity in the Australian economy?Steph Chalmers and ABC Business Correspondent David Taylor 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 the team at [email protected] and we'll attempt to answer it.

It’s official: the Reserve Bank has held the cash rate - a decision in line with most economists' expectations and the market pricing. But how does this hold fit into the RBA's view of the wider economy?Is it a sigh of relief from the bank’s board members? Or are they watching risks and wondering about raising rates again?Michael Janda 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 the team at [email protected] and we'll attempt to answer it.

The RBA’s interest rate setting board kicks off its meeting today, to decide which way rates will go. What’s behind the widely held expectations that the central bank will hold rates steady when it announces its decision tomorrow?And oil prices continue to fluctuate as uncertainty persists in the Strait of Hormuz. But what explains the gap between the price of Brent crude and petrol prices throughout the world?  And what could millions of Australians be missing about their super funds?Steph Chalmers and ABC Business Reporter Lin Lin break it all down on ABC Business Daily.You can check out Nassim Khadem’s piece on superannuation 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.

Alan Joyce spent two decades working for Qantas including fifteen years as CEO.He was one of Australia's most influential CEOs and had a pay packet to match.By the time he left the airline, Qantas had suffered huge reputation damage, thanks to job losses and the “ghost flights” controversy which infuriated many Australians during COVID. In this conversation on That's Business with Alan Kohler, Alan Joyce reflects on his  time at the helm of Australia's national carrier. From navigating the global financial crisis and the COVID-19 pandemic to confronting intense public scrutiny, Joyce discusses the decisions that shaped Qantas and the lessons he's taken from them.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected] 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]

Some of Australia's leading economic and financial commentators have had their X accounts hacked with the hacker then using their accounts to post about apparent crypto investment riches.Meanwhile Australian silicon company Simcoa is leaving the US critical minerals market after being slapped with a massive tariff by the Trump administration. Who else has landed in America’s customs cross hairs? And where does that leave the multi billion dollar critical minerals deal between Australia and the US?And analysts are becoming increasingly worried about tech investor confidence with the credit default swap market reaching record highs.   So what is a credit default swap? And what’s the deal with this debt financing?Michael Janda and ABC Business Correspondent David Taylor break it all down on ABC Business Daily.You can check out David Taylor’s piece on the credit default swap 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 the team at [email protected] and we'll attempt to answer it.

Space X is making headlines this morning with its first earnings report since the tech titan went public in June. So what to make of its astronomical revenue growth? And what is still pulling its share price back to earth?Meanwhile hundreds of ASX-listed companies are getting ready to report over the coming weeks and analysts are concerned about an earnings momentum slow-down. Could profits even be going backwards for many big companies?And have Australia’s pubs been emptying as the price of beer continues to froth to world-beating levels? What would happen if we scrapped the ‘beer tax’?Michael Janda and ABC Business Reporter Emilia Terzon break it all down on ABC Business Daily.You can read Gareth Hutchens piece on the beer excise 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.

It's been a wild couple of weeks for South Korean shares with the stock market collapsing and wiping hundreds of billions of dollars off the value of Seoul's Kospi. The major market index has since recovered a little, but it has big questions about the global tech boom.  And the downfall of a high-profile hospitality property group owned by entrepreneur Jon Adgemis is shedding some light onto how private credits firms work in the economy.  Steph Chalmers 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 the team at [email protected] and we'll attempt to answer it.

With the fuel excise cut officially over are petrol prices about to skyrocket at the bowser?And fresh housing data shows that the property price slump seems to be spreading. Is Australia’s property market headed for a correction?And what might this mean for the RBA – just a week away from its decision to hike or hold rates?Steph Chalmers and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.You can check out the ABC’s Fuel Tracker that Steph mentions, 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.

When Scott Mendelsohn started selling coconut water out of the boot of his girlfriend's car, hardly anyone knew what it was. But over the past decade interest in coconut water has grown rapidly and his business, Raw C, now turns over $100 million a year. Mendelsohn joins Alan to talk about the global appeal of coconut water, working with suppliers in Asia, navigating Australia’s supermarket duopoly, and the brand’s new deal to sell in Target stores across the US. And since Scott still owns 100 per cent of the company, Alan asks if going public is on Raw C’s horizon?So have we reached peak coconut? Or is there still no sign of stopping?  Scott Mendelsohn, CEO of Raw C 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]

Artificial intelligence isn’t going away. And the race for dominance isn’t over.  But a new generation of AI models from China is putting fresh pressure on Silicon-Valley AI behemoths and raising questions about access, user experience, and price.  So how could cheaper AI shake up big tech business models?And how are economics affecting AI rollout in Australian businesses?Our hosts also weigh in on Open AI’s rogue agents and AI hallucinations in reports from consulting firm PwC.Daniel Ziffer and ABC Business Reporter Lin Lin 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 the team at [email protected] and we'll attempt to answer it.

Offset accounts promise savings perks to mortgage borrowers across the country by lowering interest payments. But financial regulator ASIC says that many offset account owners have been paying more interest than they should.  So how have banks responded to the issue? And how does this affect trust in the banking sector?  And with today’s fresh inflation figures showing an easing of inflation, does this mean that the RBA’s rate hikes have been working?  We also follow up on a listener question about interest rate increases and inflation.Daniel Ziffer 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 the team at [email protected] and we'll attempt to answer it.

After more than two decades of plummeting oil production in Australia, is the country about to get a new refinery?  As Treasury warns that petrol prices will climb further if the war in Iran continues, the federal government is backing a pre-feasibility study for what would be the first refinery built on Australian soil since the 1960s. So will upping sovereign refining capacity shield Australians from energy market shocks? And is it economically wise in the long run?Meanwhile - as much of the world transitions to electric vehicle use, China has gained manufacturing dominance as the producer of the vast bulk of them. Where does this position the industrial superpower in its trade war with the US?Daniel Ziffer 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 the team at [email protected] and we'll attempt to answer it.

After an oil spike on Friday, the price of Brent crude has fallen - again - as this sort of energy volatility continues to shape the global economy. As we wait for the latest Consumer Price Index data from the Australian Bureau of Statistics on Wednesday, what knock-on effects of economic fickleness are already evident in the retail sector?And as central banks begin to meet around the world this week, how will they calculate the price of this unpredictability as they make the call on monetary policy?Daniel Ziffer and ABC News Business Editor Michael Janda 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 the team at [email protected] and we'll attempt to answer it.

It’s been a busy year for Australia’s consumer and competition regulator. The ACCC has made headlines, taking supermarket giant Coles to court over misleading discount pricing - and winning. A similar court case involving Woolworths pricing schemes is ongoing. But beyond the high-profile legal cases - the ACCC stays busy - carefully considering nearly every corner of the Australian economy. Gina Cass-Gottlieb has been Chair of the Australian Competition and Consumer Commission since 2022. She joins Alan to talk about everything from petrol price cycles to digital platform competition. They also cover merger frameworks, mistakes from history, and just why it is that Australia seems to have two of everything.Cass-Gottlieb gives a window into how the ACCC understands its role in the economy - as challenger of oligopoly and or protector of consumers. And reveals how complaints from Australian consumers, sometimes even a single one, steer the regulator’s investigations. ACCC Chair Gina Cass-Gottlieb 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 know Donald Trump loves a tariff. And according to his administration, a slew of new ones are set to hit 60 countries this afternoon. Australia is on the list - with a 12.5 per cent tariff that will be imposed on Australian exports to the US. So what exactly are the grounds for these new duties? And what will be the impact? And how does Australia’s tariff square with those imposed on other countries?Meanwhile, Brent Crude has hit $100 US dollars a barrel for the first time since May.What does this mean for petrol prices here at home?And the news really never does sleep: key tech stocks tanked on the US market overnight.With such a lot of economic news about this morning, the ABC Business Daily team is here with a special bonus episode.Daniel Ziffer and ABC News Editor Michael Janda 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 the team at [email protected] and we'll attempt to answer it.

Fresh employment data just released from the Australian Bureau of Statistics, shows the unemployment rate has held steady in line with economists’ expectations. What do these numbers mean for the RBA’s interest rate decision next month?And some Australian small businesses have been surprised to get reimbursements from the US government for money collected from the so-called liberation-day tariffs. But according to Trump administration officials, the US continues to face a ‘national emergency’ in trade matters, and another round of tariffs is on the way. So who – and what – could be back on America’s levy-list?Daniel Ziffer and ABC Business Reporter Emilia Terzon break it all down on ABC Business Daily.You can read Emilia's reporting on the businesses clawing back cash from US Customs 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.

A brand-new bulletin from the Reserve Bank is out today, capturing how Australians experience and understand the economy. And while public awareness for the RBA is high, survey results seem to suggest that people don’t have a great handle on how inflation is affected by interest rates. So what problem does this present for the RBA – whose one blunt tool is to toggle rates?And a new set of draft recommendations from the ASX’s Advisory Group on Corporate Governance raises the question: can diversity targets influence a company’s economic outcome? Daniel Ziffer 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 the team at [email protected] and we'll attempt to answer it.

A new AI model from Chinese startup Moonshot has put pressure on Silicon Valley-backed tech titans. Meanwhile markets have taken notice, with downturns on the South Korean KOSPI. Could these sorts of tech moves in China, drag the highly valued Space X, Nasdaq and more - back down to earth?And here in Australia, where the national property conversation carries on, could a lack of housing supply be keeping downsizers from finding new homes? Might stamp duty be part of the problem?Daniel Ziffer 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 the team at [email protected] and we'll attempt to answer it.Daniel Ziffer and GUEST 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 the team at [email protected] and we'll attempt to answer it.

Financial regulator ASIC has raised concerns that a private credit crunch could be on the horizon, putting Australians on alert about superannuation and property investment in funds with little or no disclosure obligations.  Meanwhile ASIC has raked in hundreds of millions in fines - more than four times the previous year’s take, with a new stance on enforcement paying dividends. And consulting firm KPMG has issued fines of its own - to partners and staff involved in its audit scandal. Lastly, new data from real estate group Ray White suggests people are staying home and skipping out searching for a new one. What does a drop in open home attendance tell us about the property market?Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.You can read David Taylor's piece on ASIC's private credit warning 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.

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]