SBS On the Money

With Christmas sales approaching, falling confidence raises questions about household spending and the outlook for sharesThe ASX 200 rose 1.1 per cent to an 11-week high as oil prices fell, while consumer confidence dropped to a four-year low ahead of Christmas sales. SBS Finance Editor Ricardo Gonçalves speaks with Raaz Bhuyan, Portfolio Manager at Wavestone Capital, about what’s driving sentiment and where investors may find opportunities. The episode also explores recent selling in tech stocks, Anthropic’s reported fundraising plans and how businesses are investing in AI.In this episode• What falling consumer confidence could mean for spending ahead of Christmas sales• Why the sharemarket rose as oil prices fell• How investors are weighing recent tech share sales and AI’s growth prospects• What bank results and company commentary suggest about AI investment and the economy

Allegations involving Nvidia's CEO raise questions about national security, investor confidence and the AI boom.The world's most valuable company, Nvidia, faces fresh scrutiny after CEO Jensen Huang admitted to a relationship with a woman who reportedly is being accused of passing information to Beijing. What could the investigation mean for shareholders and the wider AI boom? Dan Ives from Yorkville Ives speaks with Tom Kennedy to find out more, while SBS Finance Editor Ricardo Gonçalves talks with Scott Phillips from The Motley Fool to examine the Wall Street volatility, falling oil prices and why ANZ shares dropped despite a 31 per cent jump in profit.In this episode:The allegations surrounding Nvidia's CEO and what they could mean for the company's leadership, national security and shareholders.How the investigation could affect investor confidence in artificial intelligence and the broader technology sectorWhy Wall Street has been so volatile and how the US midterm elections could influence markets.What a 15 per cent plunge in oil prices could mean for inflation and the outlook for interest rates.Why ANZ shares fell despite a $7.6 billion annual profit, and where investors might find opportunities in the current market.

The ASX avoids the worst of a global sell-off, while Macquarie CEO Shemara Wikramanayake signs off after eight years.Global sharemarkets have plunged following the US midterm elections, with the Dow Jones falling 3.5 per cent and the Nasdaq sliding 5.5 per cent into correction territory. But Australia's ASX 200 has held up comparatively well.SBS Finance Editor Ricardo Gonçalves speaks with Omkar Joshi, Chief Investment Officer at Opal Capital Management, about what's driving the sell-off, concerns surrounding AI valuations and where investors might find opportunities.Plus, Macquarie Group CEO Shemara Wikramanayake delivers her final financial results before stepping down after eight years at the helm and nearly 40 years with the bank. SBS's Tom Kennedy spoke with her at the bank's results briefing.Why global sharemarkets have plunged following the US midterm elections.How Australian shares managed to avoid the worst of the global sell-off.Whether the AI investment boom is facing a major reality check.What higher interest rates mean for investors and where opportunities may emerge.Shemara Wikramanayake's final results and legacy at Macquarie Group.

David Jones faces an uncertain future. What does its collapse into administration mean for shoppers, gift cards and the broader industry?After 188 years, iconic Australian retailer David Jones has entered voluntary administration, raising questions about its survival, the future of department stores and what it means for shoppers ahead of the Christmas sales. SBS Finance Editor Ricardo Gonçalves speaks with Professor Gary Mortimer from Queensland University's Faculty of Business and Law. Plus, Heath Moss from HLM Investments explains why the ASX200 surged 2.6 per cent following the US mid-term elections, as oil prices plunged and NextDC shares soared.In this episode:How David Jones ended up in voluntary administration and whether the iconic retailer can survive.What administration means for shoppers, including gift cards, Black Friday discounts and Christmas sales.Whether the traditional department store model is under threat and what David Jones's troubles could mean for Myer.Why the Australian sharemarket surged 2.6 per cent following the US mid-term elections, and how plunging oil prices are affecting investors.What's behind NextDC's extraordinary share price rally, the implications of NAB's profit results and where investors could find opportunities.

Canva is cutting or relocating more than a fifth of its workforce. What does it signal about the impact of AI?Australian design giant Canva is cutting or relocating more than 1,200 jobs in what its co-founder describes as the company's hardest moment. What does the restructure reveal about the challenges facing businesses in the AI era? SBS Finance Editor Ricardo Gonçalves speaks with economic futurist Evan Lucas, while Francesco de Stradis from Ord Minnet explores how the US mid-term elections, higher Australian interest rates and mounting pressure on retailers are shaping the outlook for investors.In this episode:Why Canva is restructuring more than a fifth of its workforce and what it reveals about the opportunities and challenges of AI.How the outcome of the US mid-term elections could influence global financial markets and Australian investors.Whether the RBA's latest interest rate rise will be its last, and what continued growth in household spending means for inflation.Why Australian retailers are under pressure ahead of Black Friday and Christmas, amid reports of financial trouble at David Jones.Where investors could find opportunities as businesses navigate higher borrowing costs, economic uncertainty and the AI revolution.

The RBA lifts rates to an 18-year high of 4.85%, adding more pressure to mortgage holders. But could this be the last rise?The Reserve Bank has lifted interest rates for the fifth time this year, adding more than $530 to monthly repayments on a typical $700,000 mortgage since February. But is the RBA now finished raising rates, and what does its decision mean for house prices and the economy? SBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Economist Paul Bloxham, UBS Wealth Management’s Mike Jenneke and Canstar’s Sally Tindall about the outlook for borrowers, savers and investors.In this episode:Why the RBA lifted interest rates to 4.85%, and whether this could be the final rise of the cycle.How higher mortgage repayments and falling borrowing capacity are affecting housing affordability, and what borrowers can do to secure a better rate.Why Australia's housing downturn could deepen, and whether the economy is heading towards a recession.How investors are responding to the RBA decision, global uncertainty and the sell-off in technology stocks.What higher interest rates mean for savings accounts and how to make the most of better returns.

Australian home values have fallen for seven straight months, with another rate rise expected to deepen the downturn.Australian home values have dropped 6.7 per cent since their March peak, with another expected interest rate rise threatening further weakness. Cotality Head of Research Tim Lawless speaks with Tom Kennedy about the downturn and what comes next for property. SBS Finance Editor Ricardo Gonçalves also speaks with David Scutt, Senior Market Analyst at StoneX, about falling shares, Westpac’s profit and the global forces shaping investment decisions.In this episodeWhat is driving the fastest decline in home values in more than 40 years, and whether the downturn could extend into 2027.How a fifth interest rate rise this year could affect property prices and spring buying and selling.Why Australian shares fell as major banks cut their economic growth forecasts.What Westpac’s results and falling supermarket shares reveal about the pressures facing businesses.How global interest rates, US tech earnings, conflict in the Middle East and US midterm elections could influence market

Slowing retail sales could mean bigger Black Friday discounts this year, as shoppers face renewed interest rate pressures.Slowing retail sales and cost-of-living pressures could deliver bigger Black Friday and Christmas bargains. But with inflation rising and uncertainty over the RBA's next move, what does it mean for shoppers and investors?SBS Finance Editor Ricardo Gonçalves speaks with Betashares Investment Strategist Hugh Lam about consumer spending, interest rates, global markets and the Australian dollar's 13-year high against the New Zealand dollar.In this episode:Why could Black Friday discounts be bigger this year?How is inflation affecting the RBA's next rate decision?What do US interest rates and the AI boom mean for investors?Why is the Australian dollar soaring against the NZ dollar?Where could investors find opportunities amid uncertainty?SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Australia's inflation rate has climbed to 4.3 per cent, raising the prospect of another RBA rate rise. What does it mean for interest rates and investors?Australia's annual inflation has risen to 4.3 per cent, fuelling speculation about another RBA rate rise on Melbourne Cup Day. Economist Warren Hogan examines what's driving price pressures, while portfolio manager Jun Bei Lui discusses the market reaction, renewed confidence in AI and Star Entertainment's $260 million fine.In this episodeWhat's driving Australia's inflation surge, and can another rate rise bring it under control?Could the RBA lift interest rates on Melbourne Cup Day?How investors are responding to inflation and renewed confidence in AI.What Star Entertainment's $260 million fine means for its future.SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Anthropic's sales are soaring, but questions remain about the AI boom, with its IPO seen as a major test for the sector.Anthropic's IPO prospectus reveals the scale of the AI investment boom, with surging revenue, heavy computing costs and a reported $81 billion loss, largely attributed to an accounting charge.SBS Finance Editor Ricardo Gonçalves speaks with Alex Pollack, chief investment officer at Loftus Peak, about investor risks, revenue concentration and the potential scale of the listing.Clive Maguchu, senior strategist at State Street Investment Management, examines the ASX's 0.5 per cent rise, interest rates, inflation and geopolitical risks.In this episodeWhat Anthropic's IPO reveals about the AI boomRevenue concentration and risks for AI investorsHow interest rates, inflation and global tensions affect marketsWhat Microsoft's buyout offer signals for AI and jobsSBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.