Business Now with Ross Greenwood

Warning signs about our economy emerge from some of Australia's biggest retailers, Australians brace for their fifth rate rise this year. Plus, two former Tesla engineers seek solutions to make space launches cheaper and more reliable. See omnystudio.com/listener for privacy information.

A rate rise next Tuesday looks almost certain as inflation beats forecasts, New Zealand holds rates in a split vote. Plus, Australia’s Inspector-General in Bankruptcy calls for laws to make exiting a business easier. See omnystudio.com/listener for privacy information.

The $2 trillion Anthropic share market float kicks off, the Aussie mining industry's biggest even IMARC started today. Plus, the tax office is being more aggressive as they pursue small and medium sized businesses. See omnystudio.com/listener for privacy information.

The looming shortage of diesel fuel around the world could be the next economic challenge for inflation and interest rates, this week's rate is expected to rise to 4.2 per cent. Plus, the number of homes selling at auction is still chronically low. See omnystudio.com/listener for privacy information.

US tech stocks tumble over AI spending fears, dragging Australia’s share market to a three-month low. BiFox seeks capital to expand in South America. Plus, RBA officials fuel speculation of a Melbourne Cup Day rate hike. See omnystudio.com/listener for privacy information.

BHP warns Australia’s tax settings and weak productivity threaten its competitiveness, while Tesla and Meta beat earnings expectations. Plus, the National Reconstruction Fund chief joins the program to discuss its investment in Austal. See omnystudio.com/listener for privacy information.

NextDC shares plunge over power delays at its Melbourne data centre, Netflix and SpaceX beat earnings expectations. Plus, the Reserve Bank signals tough rate decisions as inflation surges and unemployment rises. See omnystudio.com/listener for privacy information.

NAB cuts 2,500 jobs as banks face rising costs and AI disruption, a Korean data centre company’s market debut plunges more than 30 per cent. Plus, confusion continues over credit card surcharges and ATO payments. See omnystudio.com/listener for privacy information.

The next RBA board meeting is a fortnight away and already the Reserve Bank is on the front foot, two major companies have been hit with takeover bids on the ASX. Plus, the price of gold could lift back above $US5,000 an ounce in early 2027. See omnystudio.com/listener for privacy information.

Weaker jobs figures raise questions over future interest rates and recession risks, local markets rebound as AI jitters ease. Plus, Tesla unveils its long-delayed electric sports car. See omnystudio.com/listener for privacy information.

Markets scale back rate hike expectations as unemployment rises, US tech stocks tumble amid growing scrutiny of AI valuations. Plus, 11.5 million Australians invest in the share market, but are they making the most of it? See omnystudio.com/listener for privacy information.

The Federal Court overturns the Federal Government's ban of the Blayney Gold Mine, another Aussie-founded data centre business pulled its stock market IPO in Singapore today. Plus, Glencore launches a secondary listing on the ASX today. See omnystudio.com/listener for privacy information.

David Pocock calls the AI inquiry a stitch-up as Ted O’Brien urges a data protection deal with the US, the ACCC targets 12 egg producers over an alleged cartel. Plus, business confidence slumps amid job security fears. See omnystudio.com/listener for privacy information.

Glencore is set for its ASX debut this week, home sales at auctions are getting worse. Plus, economist Warren Hogan joins the program to explain why wishing for steady or lower interest rates might also be wishing for others to lose their jobs. See omnystudio.com/listener for privacy information.

Firmus pulls its proposed $44 billion IPO and reportedly eyes a US listing, the federal government’s AI inquiry wraps up. Plus, Australian rents hit a record high in the September quarter. See omnystudio.com/listener for privacy information.

Australia’s second-largest share market float appears to be in serious doubt as investors reject the $11 share price, and the Tax Office holds firm on its credit card ban. Plus, ASIC puts an interim stop order on another private credit business. See omnystudio.com/listener for privacy information.

The future of Australian coal mines is in doubt after a landmark High Court ruling, ASIC investigates the $1.2 billion collapse of two super funds. Plus, housing starts jump 14.4 per cent year-on-year. See omnystudio.com/listener for privacy information.

OpenAI fronts a Parliamentary Inquiry, consumer confidence in Australia is now the worst its been since the 1990s recession. Plus, the Coalition vows to undercut Labor's annual migration target by around 60,000 people. See omnystudio.com/listener for privacy information.

Fresh attacks on Saudi oil facilities put pressure on energy prices, the Treasurer hints at spending restraint but falls short of saying spending will be cut. Plus, poor home auction clearance rates again point to prices continuing to fall. See omnystudio.com/listener for privacy information.

Firmus Technologies is preparing to list on the stock market soon with a valuation of $43.7 billion on ASX, the RBA's ban on card surcharges has caused restaurants and cafes to increase prices. Plus, investors scrutinise AI related floats.   See omnystudio.com/listener for privacy information.

The Reserve Bank says roughly one per cent of borrowers are in negative equity but this could increase fivefold, global bond markets have taken a battering in September. Plus, Australians are switching to electric vehicles in record numbers. See omnystudio.com/listener for privacy information.

Headline inflation jumped to 4 per cent in August, the RBA says we spend $1.6 billion on surcharges each year. Plus, the potential ban by President Trump on exporting diesel. See omnystudio.com/listener for privacy information.

The Reserve Bank raises the cash rate to a 15-year high of 4.6 per cent, tech giant OpenAI has apologised for one of its rogue agents hacking into four Australian government websites. Plus, household spending weaker than expected. See omnystudio.com/listener for privacy information.

The Reserve Bank is widely expected to raise interest rates tomorrow to 4.6 per cent, Treasurer Jim Chalmers releases the final budget outcome. Plus, the growth outlook for artificial intelligence companies. See omnystudio.com/listener for privacy information.

ASX200 index falls to a new 50-day low as surging bond yields put pressure on stock markets, oil prices ease amid talks between the US and Iran. Plus, Donald Trump meets with Xi Jinping at the White House.  See omnystudio.com/listener for privacy information.