Business Now with Ross Greenwood

Around $100 billion wiped from Australia's share market as it slumps to its worst day in two years, recession fears haunt America as its unemployment rate rises to 4.3 per cent. Plus, the national clearance rate improves to 61.7 per cent.   See omnystudio.com/listener for privacy information.

Former PWC leaders faced a public hearing today, statement of monetary policy out on Tuesday, RBA interest rate decision next week. Plus, MAG seven stocks dip on concerns due to AI. See omnystudio.com/listener for privacy information.

Markets boom and the stock market hits a new all-time record as investors get excited about the prospect of lower interest rates, PriceWaterhouseCoopers is set to face a fresh senate inquiry. Plus, national home prices hit a new peak in July. See omnystudio.com/listener for privacy information.

Commonwealth Bank's Chief Economist Stephen Halmarick  joins to discuss the latest CPI figures, more than 600 jobs at risk as Rex Airlines goes into voluntary administration. Plus, Microsoft shares slump despite booming revenue growth. See omnystudio.com/listener for privacy information.

Rex Airlines stops selling seats on key routes as it teeters on the brink of collapse, Fortescue shares plunge as a big shareholder bails out. Plus, Microsoft is set to report its quarterly earnings this week.   See omnystudio.com/listener for privacy information.

Markets hold their breath for the latest inflation figure due Wednesday, AFIC posts the full year profit report. Plus, the national clearance rate drops to 58 per cent.    See omnystudio.com/listener for privacy information.

Mineral resources are surging in trade off the back of the release of its production guidance, oil prices are on track for three weeks of losses. Plus, the Australian Energy Regulator has released its annual compliance and enforcement report. See omnystudio.com/listener for privacy information.

Bank of Canada cuts interest rates for two straight months, Deloitte says the RBA should not hike the cash rate as inflation is easing and the economy is slowing. Plus, Fortescue shares sink despite a record quarter.   See omnystudio.com/listener for privacy information.

A warning about the security of jobs as more companies consider laying off staff, accounting and consulting firm Deloitte admits the PwC scandal and subsequent investigations hurt its revenue. Plus, Tesla misses its profit targets yet again. See omnystudio.com/listener for privacy information.

Global stock markets hit record levels, charges laid against an alleged 'pump and dump' group following an investigation by ASIC. Plus, one of South Korea's richest is accused of manipulating the stock price of a major K-Pop agency.  See omnystudio.com/listener for privacy information.

How the change to Democrat presidential candidate Kamala Harris could impact the course of economics and markets worldwide, interest rate rises become more evident in Australia. Plus, who will pay for the CrowdStrike computer outage? See omnystudio.com/listener for privacy information.

Australia's unemployment rate creeps ahead in June to 4.1 per cent, Fortescue announces plans to cut 700 jobs and abandon its 2030 green hydrogen production target. Plus, tech stocks plunge on Wall Street overnight. See omnystudio.com/listener for privacy information.

The government is set to appoint an independent administrator to oversee the CFMEU, Ralph Lauren caught up in a trademark dispute in Indonesia. Plus, Bega Cheese Executive Chairman Barry Irvin on the economic pressures the food industry is facing. See omnystudio.com/listener for privacy information.

Shares in former US president Donald Trump's media company surge sharply on the American stock market overnight. Plus, Australia's largest beef producer AACo turns 200 this year, CEO David Harris joins to discuss. See omnystudio.com/listener for privacy information.

Australian shares soar to a record high as it breaches the 8000-point barrier for the first time. Plus, Qantas launches a new direct flight from Perth to Paris, CEO Vanessa Hudson joins to discuss. See omnystudio.com/listener for privacy information.

BHP halts nickel operations until 2027, cattle saleyard volumes up 36% in the past year, 1,843 auctions scheduled this weekend. Plus, former Rex chairman moves to overthrow the board.  See omnystudio.com/listener for privacy information.

Commbank HSI rose to 0.6% in June to 150.5, Australia's Woodside Energy inks deal to supply LNG to Taiwan. Plus, worrying signs emerge from new economic mobilty report.  See omnystudio.com/listener for privacy information.

NATO to focus on long-term Ukraine support, China hits back at cyber hacking claims, the Reserve Bank of New Zealand leaves holds cash rate at 5.5%. Plus, ASIC secures prosecution against Firstmac. See omnystudio.com/listener for privacy information.

The chief executive of the anti-money laundering and counter terrorism financing agency AUSTRAC joins the show, a leading economist discusses consumer sentiment. Plus, the Taiwan Semiconductor Manufacturing Company hits trillion-dollar status.  See omnystudio.com/listener for privacy information.

France's far-left party leads exit polling, ANZ Chief Economist Richard Yetsenga joins to discuss what it means for the global markets. Plus, low iron ore prices suppress ASX gains, and the national clearance rate rises up to 61.3 per cent. See omnystudio.com/listener for privacy information.

The latest on Labour's landslide victory in the UK's general election, the ACCC releases it's Gas Inquiry report, calling for urgent action into the development of sources in production and supply. Plus, Abigail Disney halts donations to Democrats. See omnystudio.com/listener for privacy information.

Two state-owned Middle Eastern energy companies show interest in buying the Aussie oil and gas major Santos. Plus, Lotus Resources Managing Director Keith Bowes on why the company is considering reopening one of its uranium mines in Malawi.   See omnystudio.com/listener for privacy information.

The number of houses approved for construction increased by 5.5 per cent in May, but it remains far from the government's target, retail sales soar more than expected. Plus, the US media executive signs a preliminary deal with Skydance Media. See omnystudio.com/listener for privacy information.

The government is preparing its spending and budget for an early election, a key government target is to build 1.2 million new homes over the next five years, but they are behind by nearly 500 homes. Plus, meme stock trader Roaring Kitty is back. See omnystudio.com/listener for privacy information.

Economist Warren Hogan joins to discuss the raft of changes coming into effect this financial year and their impact on the inflation. Plus, Boeing is set to accept a guilty plea deal, and house prices rise to record values in June.  See omnystudio.com/listener for privacy information.