Business Now with Ross Greenwood

The Government snags the gas industry with an extra $2.4 billion in taxes, energy analyst Saul Kavonic explains why it means we'll lose our competitive edge. Plus, more details about the budget leak and auction clearance rate rise. See omnystudio.com/listener for privacy information.

Medibank faces fourth class action. Plus, the Reserve Bank releases economic forecast. See omnystudio.com/listener for privacy information.

Former Snowy Hydro CEO Paul Broad reveals that the two-year delay puts the national grid at risk of blackouts. Plus, Federal Budget zeros in on its first surplus in 16 years and another U.S. bank teeters on the edge of going bust. See omnystudio.com/listener for privacy information.

Signs are emerging that Aussies are cutting back on discretionary spending, US regional banks face the wrath of shareholders and the NT greenlights gas fracking. Plus, former Snowy Hydro CEO explains why Eraring must not be shut down. See omnystudio.com/listener for privacy information.

RBA shocks the market and banks by lifting rates, AMP's Diana Mousina reveals why rates went up. Plus, what impact will the rate rise have on mortgages and Qantas Chairman explains why the board picked Vanessa Hudson as the new CEO. See omnystudio.com/listener for privacy information.

Government orders an urgent review into $120B in infrastructure projects, Engineers Australia CEO Romilly Madew reveals why costs have blown out. Plus, markets expect the RBA to hold rates tomorrow and home prices lift nationally. See omnystudio.com/listener for privacy information.

The ASX ends the week on a high, fund manager Jun Bei Lu reveals which stocks she's keeping her eye on. Plus, Liddell shuts down, Andrew Forrest opens a new wind farms and economist Angus Moore previews this weekend's auction market. See omnystudio.com/listener for privacy information.

Australia's migration program is in the spotlight after a review finds it not fit for purpose, labour force academic Chris Wright explains what's wrong. Plus, Australian companies are ripe for takeover and Disney sues Ron Desantis.  See omnystudio.com/listener for privacy information.

Inflation slows down but only slightly, shadow treasurer Angus Taylor reveals what he would do if he was in the government. Plus, Independent Economist Warren Hogan explains how the RBA will react to the inflation data. See omnystudio.com/listener for privacy information.

Legendary stock picker Kenny Polcari reveals why Wall St is so quiet before earnings season. Plus, wages stagnate despite labour force demand surging and weak commodity prices plague budget forecasting. See omnystudio.com/listener for privacy information.

As the government prepares to shake up the Reserve Bank, Independent Economist Clifford Bennett reveals why so many institutions haven't spoken out against it. Plus, overseas property demand surges and Bed Bath & Beyond goes bankrupt. See omnystudio.com/listener for privacy information.

Elon Musk’s SpaceX Starship rocket blows up minutes after takeoff and economic activity surges in April suggesting RBA needs to keep lifting interest rates. Plus, Senior Economist of REA Group Eleanor Creagh joins the show to discuss the national home price rise for the third consecutive month.  See omnystudio.com/listener for privacy information.

The RBA review has finally landed! Australia's most senior chief economist; Bill Evans goes through the details and former RBA Economist Peter Tulip reveals whether Governor Phil Lowe can keep his job when his term expires in September. See omnystudio.com/listener for privacy information.

AGL prepares to close down Liddell power station, government announces a new national EV policy, construction on one of the largest wind farms in Australia begins. Plus, Absolut Vodka does a rapid U-turn on exporting Vodka to Russia.   See omnystudio.com/listener for privacy information.

Australia is facing a consumer recession, Deloitte's Stephen Smith explains why the RBA should have stopped hiking rates last year. Plus, government sets its eyes on capital gains tax reform and Salesforce faces an office space dilemma. See omnystudio.com/listener for privacy information.

AGL prepares to shut down Liddell coal power station, Treasurer to release RBA review soon, auction clearance rates maintain momentum. Plus, Wagner group calls for peace in Sudan as fighting threatens it's gold operations. See omnystudio.com/listener for privacy information.

Recession fears see gold price approach record high and major export port at Port Hedland reopens after cyclone Ilsa. Plus, Veolia CEO Estele Brachlianoff says Australia is years behind the rest of the world in shifting from carbon intensive industries.  See omnystudio.com/listener for privacy information.

Unemployment rate stays steady at 3.5% as 53,000 jobs are created in March, CEO's prepare to rough it for charity and ASIC hunts down the ASX Wolf.  See omnystudio.com/listener for privacy information.

The IMF gives the grim forecast that the world could tip into recession, Binance hands back its derivatives licence, rents surge almost 22%. Plus, Cyclone Ilsa causes iron stocks to surge as investors worry about future supply. See omnystudio.com/listener for privacy information.

Consumer confidence rebounds after the RBA holds rates, China promises to review its 80% tariff on Australian barley and why Russia holds the key to inflation and possible recession in Western economies as OPEC+ cuts oil production. See omnystudio.com/listener for privacy information.

The RBA says the number of Australia's poorest borrowers in mortgage stress has doubled since last year. Liberty Steele is set to install a new electric arc furnace to its Whyalla site. Plus, former Brazilian President Jair Bolsonaro gets caught up in a jewellery scandal. See omnystudio.com/listener for privacy information.

Viva Energy buys OTR group for $1.15 billion, RBA Governor Philip Lowe believes inflation will return to the 2-3% range. Plus, Daniel Hynes on OPEC's decision to reduce oil production and its impact on inflation.   See omnystudio.com/listener for privacy information.

The RBA pauses cash rate on 3.6% after ten consecutive hikes, Gareth Aird on the RBA board's decision. Plus, ACCC delays Suncorp takeover by the ANZ bank. See omnystudio.com/listener for privacy information.

Australia to avoid a gas shortfall this winter, an independent review on the RBA handed to the Treasurer, national clearance rate falls to 6.2%. Plus, Warren Hogan on a possible pause in rate hikes by the RBA.   See omnystudio.com/listener for privacy information.

The Prime Minister visits Tritium factory in Brisbane, RBA review set to recommend major changes, there are a high number of auctions scheduled. Plus, a look at the most viewed properties going to auction.  See omnystudio.com/listener for privacy information.