Business Now with Ross Greenwood

Telstra’s CEO apologises and accepts responsibility for the nationwide outage as the telco faces millions in fines, South Korean chip giant SK Hynix prepares for its US market debut. Plus, Victory Metals discusses the outlook for rare earths. See omnystudio.com/listener for privacy information.

Oil prices head back towards $US80 a barrel as the US-Iranian ceasefire breaks down, Telstra's CEO Vicky Brady has cut her vacation short. Plus, rent prices may not be rising as fast as many reports suggest they are. See omnystudio.com/listener for privacy information.

Telstra faces growing scrutiny after its major outage, new building data deals another blow to the government’s housing targets. Plus, New Zealand’s central bank resumes rate hikes with a 25 basis point increase. See omnystudio.com/listener for privacy information.

Foxtel and Nine strike a $5.3 billion deal to keep the NRL on screens, Deloitte warns Australia faces its weakest economic growth since the early 1990s recession. Plus, WiseTech founder Richard White steps down as executive chairman. See omnystudio.com/listener for privacy information.

More than half of all homes up for auction over the weekend actually sold. Plus, a $12.6 billion takeover lands today for the gold miner Vault Minerals and if successful would bring three gold mines at Leonora in Western Australia under one roof. See omnystudio.com/listener for privacy information.

The ASX rallies after weaker US jobs data eases rate fears, Saudi oil exports rebound to near pre-war levels as crude prices slide. Plus, fund manager Andrew Dale joins the show to discuss the economy, markets and the banks. See omnystudio.com/listener for privacy information.

Global tech stocks remain under pressure as investor Michael Burry warns it’s the beginning of the end, the government’s insolvency chief says wealthy Australians are gaming the system. Plus, super funds begin reporting annual returns. See omnystudio.com/listener for privacy information.

The government rejects blame as home values fall across every state, Coles shares slide after confirming talks to buy Greencross in a $4 billion deal. Plus, the big accounting firms face an ASIC shake-up following a string of scandals. See omnystudio.com/listener for privacy information.

It’s the final day of the financial year and the last chance to act before new tax rules take effect, TPG Asia Pacific boss faces court over an alleged drink-driving crash. Plus, the RBA says the economy remains constrained as rate rise fears ease. See omnystudio.com/listener for privacy information.

Auction clearance rates are below 50 per cent for the eighth straight week, the property market is weakening due to new tax policies announced on budget night. Plus, the world's largest cryptocurrency bitcoin has fallen below $US60,000. See omnystudio.com/listener for privacy information.

The AI sell-off continues as the Nasdaq extends its losses, KPMG’s Chief Economist Brendan Rynne weighs in on rates after this week’s inflation and jobs data. Plus, Property Friday showcases the week’s standout homes. See omnystudio.com/listener for privacy information.

Labor's tax changes passes through parliament, the CEO of La Trobe Financial Chris Andrews says Australia can avoid a recession. Plus, the world's first carbon refinery opens on Kooragang Island. See omnystudio.com/listener for privacy information.

Headline inflation falls to 4 per cent in May, computer chip stocks got smashed overnight by investors in the US. Plus, Peter Burgess, the CEO of the Self Managed Super Fund Association joins the program. See omnystudio.com/listener for privacy information.

The Greens will help pass Labor's controversial tax changes through the Senate, the executive clean-out at accounting firm KPMG continues. Plus, the New South Wales and Queensland state budgets announced today. See omnystudio.com/listener for privacy information.

Home auction clearance rates collapsed over the weekend in a direct reflection of the government's policies to change capital gains tax and negative gearing rules. Plus, time is up for Australia's giant accounting firms. See omnystudio.com/listener for privacy information.

A major inquiry into the KPMG audit scandal gets underway in Canberra, the final report into Labor’s proposed tax changes is released. Plus, attention turns to key inflation and unemployment data after the RBA left rates on hold. See omnystudio.com/listener for privacy information.

The government announces significant unplanned changes to its CGT plan, the peace deal between the US and Iran eased oil prices and pushed up the US dollar. Plus, Australia's population grew by 412,500 to 27.87 million people in 2025. See omnystudio.com/listener for privacy information.

Orica’s CEO says businesses have faced constant crises since COVID, the Vinnies CEO Sleepout marks its 20th year raising awareness of homelessness. Plus, SpaceX shares surge after listing, making it one of the world’s most valuable companies. See omnystudio.com/listener for privacy information.

The RBA leaves rates on hold after three consecutive hikes, attention now turns to this week’s US Federal Reserve meeting under new chair Kevin Warsh. Plus, Labor’s tax inquiry wraps up as calls grow to simplify the tax system and cut red tape. See omnystudio.com/listener for privacy information.

US President Donald Trump says the Strait of Hormuz will reopen after a deal was struck with Iran to end the war, SpaceX IPO launched with more than 30,000 Aussies applying for shares. Plus, Jeremy Zook joins the show. See omnystudio.com/listener for privacy information.

The countdown is on for the SpaceX IPO, the biggest capital raising in history, Aussie investors shift money into ETFs amid Labor’s tax changes. Plus, the FIFA World Cup kicks off with more teams, bigger crowds and record prize money. See omnystudio.com/listener for privacy information.

The countdown is on to the SpaceX IPO as investor demand surges, oil prices rise after the US and Iran trade strikes in the Middle East. Plus, Australia’s biotech and medtech sectors warn Labor’s tax changes will hurt innovation. See omnystudio.com/listener for privacy information.

Senate scrutiny of Labor’s tax changes begins next week, concerns grow over the power and water demands of Australia’s booming data centre sector. Plus, drone maker Boresight soars on its stock market debut. See omnystudio.com/listener for privacy information.

Consumer confidence sinks to a 50-year low, Australia’s beef sector stands to benefit from falling global production. Plus, polling shows many business leaders left Australia’s Economic Outlook event less confident about the economy. See omnystudio.com/listener for privacy information.

Markets across the Asia Pacific region plunged today, a new report finds that Australians need a minimum of $400,000 in superannuation to fund a comfortable retirement for just one decade. Plus, Brisbane has the worst clearance rate in the country. See omnystudio.com/listener for privacy information.