Business Now with Ross Greenwood

BA Deputy Governor downplays CPI surge, Nine Entertainment to axe 200 jobs, Treasurer approves ANZ-Suncorp bank merger. Plus, senior economist Eleanor Creagh joins the show and discusses the auctions scheduled for the weekend.  See omnystudio.com/listener for privacy information.

The stock market falls hard as the threat of an interest rate rise becomes real, rising shipping costs props up inflation. Plus, Qatar Airways seeks 20 per cent stake in Virgin Airlines. See omnystudio.com/listener for privacy information.

The chance of an interest rate rise in August increases after annual inflation to May came in hotter than expected at 4 per cent. Plus, AEMO CEO Daniel Westerman on why renewables are more viable than nuclear power.   See omnystudio.com/listener for privacy information.

Jun Bei Liu reacts to Commonwealth Bank shares hitting another all-time high, economist Warren Hogan on the possibility of another interest rate rise. Plus, car dealerships in US hit by a cyberattack.  See omnystudio.com/listener for privacy information.

The government agrees to 11 recommendations on how to police supermarkets, Myer proposes a merger with its largest shareholder Premier Investments' apparel brands. Plus, national clearance rate rises to 62.6 per cent. See omnystudio.com/listener for privacy information.

Social media giant Meta has been accused of preparing to blackmail the Australian government. Plus, Guzman Y Gomez slump after a dream start on the stockmarket yesterday, an unseasonably high number of homes are up for auction this week. See omnystudio.com/listener for privacy information.

Shares in the fast food restaurant chain Guzman and Gomez fly on the ASX. Plus, Chamber of Commerce & Industries' David Alexander on the businesses' reaction to the Coalition's nuclear plan, and Sky News joins Vinnies CEO Sleepout in Sydney.   See omnystudio.com/listener for privacy information.

The Coalition decides to fight the upcoming election on nuclear power, ABA Group CEO Adam Watson joins to discuss. Plus, Commonwealth Bank's rates strategist Gareth Aird explains why the RBA actually want to raise interest rates. See omnystudio.com/listener for privacy information.

The Reserve Bank says it discussed raising the cash rate but holds steady at 4.35 per cent for now, HSBC Chief Economist Paul Bloxham joins to discuss. Plus, NSW hands down 2024-2025 budget, continuing the trend of rising state debt. See omnystudio.com/listener for privacy information.

Economist Warren Hogan explains why the Reserve Bank should raise the interest rate tomorrow, NSW Treasurer Daniel Mookhey on the new land tax hitting property owners. Plus, Tabcorp welcomes Gil McLachlan as its new CEO. See omnystudio.com/listener for privacy information.

Tesla shareholders approve a monster pay package for its chief executive Elon Musk. Plus, the RBA is in a tricky position after Australia's unemployment rate fell this week, auctions across the country are ramping up again this weekend. See omnystudio.com/listener for privacy information.

The US Federal Reserve delays interest rate cuts, economist Warren Hogan explains what it means for Australia. Plus, ACCC Commissioner Stephen Ridgway on the $8.8 billion merger between Chemist Warehouse and Sigma Pharmaceuticals. See omnystudio.com/listener for privacy information.

Labor Senator Deborah O'Neil joins as the Senate Committee hands down its report into the scandal surrounding PwC. Plus, Apple shares soar seven per cent on the launch of its AI products while it releases buy-now-pay-later service in Australia. See omnystudio.com/listener for privacy information.

More evidence our economy will slip in the coming months as business conditions deteriorated further in May. Plus, Chemist Warehouse and Sigma Healthcare merger await ACCC call, and Apple launches generative AI. See omnystudio.com/listener for privacy information.

Following Peter Costello's resignation from Channel Nine, Megan Motto joins to discuss how long is too long for a company director. Plus, Binance co-founder Changpeng Zhao becomes the wealthiest inmate in an American prison.  See omnystudio.com/listener for privacy information.

RBA Deputy Governor Andrew Hauser conducted his first on camera interview today at the third annual Australia's Economic Outlook luncheon. Plus, central banks worldwide are cutting rates, an Irish takeaway food chain takes on McDonalds. See omnystudio.com/listener for privacy information.

Nvidia's market cap surges past $3 trillion overtaking Apple as the second most valuable company. Plus, India's surprising election outcome sends its stock market and the Nifty 50 into a tailspin, and some family drama at Rex Airlines. See omnystudio.com/listener for privacy information.

New GDP figures reveal our economy is growing at the slowest rate since COVID and the 1991 recession, economist Warren Hogan explains the situation. Plus, Senator Jane Hume reveals what the Opposition would have done if they were in power. See omnystudio.com/listener for privacy information.

In a dark omen, the national current account falls sharply into a deficit, Bank of America's Oliver Levingston explains the data. Plus, Rio Tinto reveals it's green iron project, and the ASX pushes for gender and sexuality disclosures. See omnystudio.com/listener for privacy information.

The Fair Work Commission lifts the minimum wage by 3.75 per cent, DB Chief Economist Phil O'Donaghoe explains what it means for our economy. Plus, home prices in Brisbane overtake Melbourne, and the grim GDP warning from the Treasury. See omnystudio.com/listener for privacy information.

There could be big problems for the economy if wages rise more than 4 per cent when the Fair Work Commission announces its annual wage review on Monday. Plus, fast food chain Guzman Y Gomez announces IPO, 2,810 auctions expected this weekend. See omnystudio.com/listener for privacy information.

BHP walks away from its $74 billion takeover attempt for Anglo American. Plus, how families cutting their discretionary spending is impacting the Australian food industry, and the Melbourne Rebels racks up $23 million in debt. See omnystudio.com/listener for privacy information.

Inflation shocks economists, coming in hotter than expected. Plus, the NSW Parliament tables it's report into the use of "vampiric" consulting firm, and BHP desperately tries to get an extension for its Anglo American bid. See omnystudio.com/listener for privacy information.

The latest retail sales data reveals cost-of-living has finally caught up to household budgets. Plus, the Aussie dollar reaches its highest point against the Japanese yen in 33 years, and AI stocks power the benchmark indices to record highs. See omnystudio.com/listener for privacy information.

An exclusive TV interview with Lendlease CEO Tony Lombardo, explaining the developers new direction as it bows to shareholder demands to end overseas development. Plus, auctions slow down but demand remains high, and Nvidia CEO's big weekend. See omnystudio.com/listener for privacy information.