SBS On the Money

Grattan proposes a 15 per cent GST that includes food, with tax cuts and welfare payments to offset the cost. The Grattan Institute says raising the GST from 10 to 15 per cent and extending it to food could help fund...

Australia’s jobless rate reaches 4.7%, raising questions about hiring, wages and the RBA’s next move. Australia’s unemployment rate rose to 4.7 per cent in September, its highest level since October 2021. Blair Chapman...

Global mining giant rises on first day on ASX Australian shares fell 0.6 per cent as banks led losses, with CBA down more than 2 per cent after chief executive Matt Comyn told shareholders it could take time for higher...

Women are entering management at similar rates to men, but higher resignation rates point to barriers to staying. Women are advancing into management at rates close to men’s, but they leave those roles more often. A...

Financial loss claims linked to telco problems have surged more than 60 per cent as the TIO calls for tougher protections. Australians are still paying the price for phone and internet problems, with claims for...

Low confidence, fuel costs and rate fears deepen a cost-of-living nightmare with no end in sight. Australian consumer confidence has fallen to about 80, with higher petrol prices and interest rate fears weighing on...

Investors still cautious amid rising bond yields and data heavy week SBS Finance Editor Ricardo Gonçalves speaks with Tapas Strickland, Chief Market Strategist at Moomoo for the day's market action as the ASX recovers...

The Australian sharemarket has worst day since March as the property correction deepens Australia’s housing downturn deepened in September, but what does the shift mean for buyers and sellers? SBS Finance Editor Ricardo...

Inflation has risen to 4%, but markets see less chance of another RBA rate rise. Here’s why. SBS Finance Editor Ricardo Gonçalves speaks with David Bassanese from Betashares about the latest inflation figures and what...

What the RBA's rate rise means for the economy, investments and mortgages SBS Finance Editor Ricardo Gonçalves takes a look at the impact of the RBA's 25 basis point increase to the official interest rate with Shane...

Markets have priced in a 95 per cent chance of an official interest rate rise tomorrow The Australian sharemarket rose despite the likelihood of an interest rate rise from the RBA tomorrow. SBS Finance Editor Ricardo...

From 1 October, card surcharges disappear. Will businesses absorb the cost or pass it on elsewhere? In this episode: Sarah Megginson from Finder explains the change with Tom Kennedy. Paul Bloxham from HSBC shares his...

Australia’s jobless rate has climbed. Could a softer jobs market change the outlook for rates? Australia’s unemployment rate has risen to 4.6 per cent, but what does that really tell us about the strength of the jobs...

Myer is discounting stock as weak consumer spending continues to weigh on retail. Myer has warned consumer spending remains weak as it discounts stock, but what does that tell us about the health of Australian...

The RBA weighs up what the AI revolution could mean for productivity, wages and Australian jobs What could the AI revolution mean for Australian jobs and the economy? RBA Governor Michele Bullock shares her view on AI...