We're back for 2015! Join us LIVE on Monday morning from 9am on the @AFL website and app! Every trade, every rumour, every whisper as it happens!
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Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
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SBS On the Money


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SBS On the Money: The properties being purchased with cash
10:59
10:59
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10:59
A new report has found that a quarter of all residential property transactions were funded without a mortgage last year along the east coast of Australia. Rhayna Bosch speaks with the PEXA's Head of Research Mike Gill for more, while SBS Finance Editor Ricardo Gonçalves speaks with Henry Jennings from Marcus Today for a wrap on the markets.…
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SBS On the Money: Why the consumer is key to avoiding a recession
11:38
11:38
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11:38
Australia's economy continued to slow, expanding at just 0.2% in the March quarter as interest rate rises impact the consumer. SBS Finance Editor Ricardo Gonçalves speaks with BetaShares Chief Economist David Bassanese to find out if the nation can avoid a recession while VanEck's Jaime Hannah goes through the sharemarket reaction.…
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SBS On the Money: RBA lifts official interest rates to highest since April 2012
15:27
15:27
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15:27
The Reserve Bank has lifted official interest rates to 4.1% in an attempt to return inflation to its target within a reasonable timeframe. SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster and Barrenjoey Chief Economist Jo Masters for their take, while Luke McMillian from Ophir Asset Management takes a look at the mark…
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Why the increase to the minimum wage may mean higher than expected interest rates
9:53
9:53
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9:53
The Fair Work Commission has approved a 5.75% rise to the minimum wage, but some economists fear that combined with stronger than expected inflation, flat productivity and accelerating home prices, it will force the Reserve Bank to lift official interest rates more than first thought. SBS Finance Editor Ricardo Gonçalves speaks with Jarden Group Ch…
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SBS On the Money: How to ask for a pay rise as few bosses are making inflation-matching offers
12:25
12:25
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12:25
Two-thirds of employers expect to offer workers a pay rise of 3 per cent or more according to a new survey by recruiters at Hays. Rhayna Bosch speaks with Managing Director Matthew Dickason to find out why, and asks for tips on how to approach a pay rise discussion. Plus SBS Finance Editor Ricardo Gonçalves talks with Gemma Dale from nabtrade about…
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SBS On the Money: Inflation rises ahead of RBA interest rate decision
9:58
9:58
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9:58
The Reserve Bank will consider a rise in the monthly inflation indicator at an annual pace of 6.8% in April as it meets to discuss interest rate next week. Rhayna Bosch speaks with Commonwealth Bank Economist Stephen Wu for more, while SBS Finance Editor Ricardo Gonçalves discusses the sharemarket implications with Adam Dawes from Shaw and Partners…
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SBS On the Money: Consumers trading down but still flying
8:16
8:16
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8:16
Qantas says its upcoming ultra-long haul flights to Europe and North America will see $400m of earnings in the first full year it has all 12 aircraft flying, and that many of its frequent flyers continue to prioritise travelling over other categories like entertainment and beauty. SBS Finance Editor Ricardo Gonçalves discusses the update with Etoro…
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SBS On the Money


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SBS On the Money: Investors welcome tentative US debt ceiling deal
10:48
10:48
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10:48
Global markets have rallied after a tentative deal by US lawmakers to lift its debt ceiling averting what could be a default in the world's largest economy and oil producer. SBS Finance Editor Ricardo Gonçalves speaks with Elio D'Amato from Stockopedia for more, plus Rhayna Bosch talks with Chris Sheehan from NAB about the spike in selling scams in…
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SBS On the Money: The threats to the RBA's forecasts and record profits for ANZ and Macquarie
11:36
11:36
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11:36
The Reserve Bank has revised its forecasts for growth but still expects inflation to reach the top of its target band by 2025. SBS Finance Editor Ricardo Gonçalves speaks with Harry Murphy Cruise from Morningstar to find out what it means for interest rates, plus Carl Capolingua from ThinkMarkets on market moves including record profits from ANZ an…
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SBS On the Money: Why NAB's record $4bn half year profit disappointed
12:53
12:53
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12:53
NAB has posted a 17% rise in half year profit to $4.07bn, but its shares, along with the rest of the banking sector, were punished. SBS Finance Editor Ricardo Gonçalves speaks with Morningstar Senior Equities Analyst Nathan Zaia for more, plus hear from Evan Lucas from InvestSMART go through the rest of the day's market news, including another rate…
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SBS On the Money: Surprise RBA rate rise and Qantas names new CEO
14:55
14:55
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14:55
Qantas Chief Financial Officer Vanessa Hudson will take over from Alan Joyce as CEO when he retires at the end of the year. SBS Finance Editor Ricardo Gonçalves speaks with Transport Professor at The University of Sydney Business School Rico Merkert to find out more. Plus, hear from Perpetual Limited's Matt Sherwood on the latest on the sharemarket…
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SBS On the Money: Further signs Australia's property market has already bottomed
14:03
14:03
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14:03
Australian house prices rose for a second consecutive month. Rhayna Bosch speaks with Tim Lawless from CoreLogic for more, plus SBS Finance Editor Ricardo Gonçalves takes a look at the day's sharemarket action with David Berthon-Jones from Aequitas Investment Partners.
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SBS On the Money


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SBS On the Money: Katie Perry v Katy Perry
11:59
11:59
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11:59
Australian fashion designer Katie Perry has won a trademark case against US singer Katy Perry - Rhayna Bosch speaks with the designer. Plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Heath Moss from HLM Investments.
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SBS On the Money: Inflation eases but prices for services at a 22 year high
15:11
15:11
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15:11
Australia's annual inflation rate has eased from a 30-year high to 7 per cent but while prices for goods are lower, services are climbing. SBS Finance Editor Ricardo Gonçalves speaks with KPMG Chief Economist Brendan Rynne to find out why and what it says about the economy, plus the market reaction with Hebe Chen from IG Markets.…
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SBS On the Money


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SBS On the Money: Is the housing correction over?
9:45
9:45
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9:45
Westpac says the housing correction is largely over with interest rates near their peak while three other factors supports the bank's revised price forecasts. SBS Finance Editor Ricardo Gonçalves speaks with Chief Economist Bill Evans for more, plus Scott Phillips from The Motley Fool takes a look at the day on the markets.…
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SBS On the Money: RBA to create new separate board to oversee interest rates
9:15
9:15
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9:15
The government has backed all 51 recommendations into a review of the Reserve Bank. SBS Finance Editor Ricardo Gonçalves speaks with Tim Harcourt from UTS and Warren Hogan from Judo Bank for their take and what it means for Australia's central bank.
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SBS On the Money: Younger people driving trend to high interest savings accounts
11:44
11:44
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11:44
NAB says more than half of all Australians are stashing their cash in high interest savings accounts, driven by those in the 18 and 29 year old bracket. Rhayna Bosch speaks with NAB Personal Banking Executive Kylie Young to find out why. Plus SBS Finance Editor Ricardo Gonçalves speaks with Mark Gardner from Maqro on the day's market action.…
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SBS On the Money: Rental management technology concerns
9:51
9:51
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9:51
Consumer group CHOICE says the increasing dominance of third-party rental platforms has discriminatory impacts on prospective tenants. Rhayna Bosch speaks with CHOICE's Kate Bower for more. SBS Finance Editor Ricardo Gonçalves meanwhile speaks with Stephen Smith from Deloitte Access Economics about the RBA's latest monthly board meeting minutes and…
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SBS On the Money: Australia's housing shortage and what can be done about it
10:17
10:17
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10:17
Housing supply is not lifting in line with demand and that'll mean higher rents for longer and underpin home price rises. SBS Finance Editor Ricardo Gonçalves speaks with Diana Mousina from AMP Capital to find out more including what can be done; plus the day on the markets with Stuart Roberts from Stocks Down Under.…
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SBS On the Money


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SBS On the Money: Why gold is nearing a record high
5:05
5:05
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5:05
The gold price has surged 12 per cent since March and is at a near record high. SBS Finance Editor Ricardo Gonçalves speaks with Julia Lee from State Street SPDR ETF to find out why along with the rest of the sharemarket themes.
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SBS On the Money


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SBS On the Money: Hot jobs market may see RBA lift its finger from the rate pause button
7:44
7:44
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7:44
Australia's unemployment rate remained at 3.5 per cent in March, with a record number of people in work despite softening economic conditions. SBS Finance Editor Ricardo Gonçalves speaks with CEDA Chief Economist Jarrod Ball to find out more, including what it means for interest rates, and why the tight labour market in the hospitality industry may…
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SBS On the Money


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SBS On the Money: Top scams and how to spot them
14:01
14:01
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14:01
Scams are on the rise, so the Australian Banking Association has unveiled a new campaign to alert consumers to the dangers of scammers along with the responsibilities of the banks. SBS Finance Editor Ricardo Gonçalves speaks with ABA CEO Anna Bligh for more, plus the latest from the markets, including a ransom received by Latitude Financial, with J…
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SBS On the Money: The RBA Governor's message to households following rate pause, and his warning to renters
8:04
8:04
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8:04
RBA Governor Philip Lowe has spoken for the first time after the board's decision to leave official interest rates on hold after 10 consecutive rate rises. He tells SBS Finance Editor Ricardo Gonçalves the key message he hopes households will take from this decision, along with a sobering warning for renters. Plus the day on the markets with Adam D…
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SBS On the Money: The lag effect: Why the Reserve Bank paused its interest rate hiking cycle
11:14
11:14
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11:14
The Reserve Bank of Australia has decided to pause its interest rate rising cycle to assess the impact of its previous ten rate rises. SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Chief Economist Stephen Halmarick and Macquarie Group's Martin Lakos to find out why, the future direction of interest rates and implication for sha…
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SBS On the Money: Home values rise despite higher interest rates
14:08
14:08
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14:08
Home values rose 0.6 per cent in March despite higher interest rates. Rhayna Bosch speaks with Tim Lawless from CoreLogic to explain why along with the future direction of house prices. Plus, SBS Finance Editor Ricardo Gonçalves discusses the latest moves by OPEC+ to restrict supply with SPI Asset Management's Stephen Innes while Elio D'Amato from …
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SBS On the Money


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SBS On the Money: Bank impersonation scams are rising, and becoming more sophisticated
14:32
14:32
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14:32
Bank impersonation scams are on the rise, with the ACCC saying victims lost more than $20 million last year. Ben Terry speaks with ACCC Deputy Chair Catriona Lowe to find out how you can identify a bank impersonation scam and what you can do about it. Plus, SBS Finance Editor Ricardo Gonçalves speaks with Jody Fitzgerald from Morningstar on the day…
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SBS On the Money


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SBS On the Money: Chance of rate pause as inflation eases, but basics still expensive
8:16
8:16
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8:16
Inflation in February eased more than expected, to an annual rate of 6.8 per cent, increasing the chances of an interest rate pause from the Reserve Bank next week. But low income households are still being disproportionately hit. SBS Finance Editor Ricardo Gonçalves speaks with Catherine Birch from ANZ for more, while Niv Dagan from Peak Asset Man…
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SBS On the Money: Are we spending more for less? Plus the lithium sector on fire
10:10
10:10
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10:10
Retail sales rose slightly in February, but are we spending more for less as inflation bites? SBS Finance Editor Ricardo Gonçalves speaks with Katrina Ell From Moody's Analytics to find out more, including what it means for the RBA's April board meeting. Plus, Catherine Allfrey from Wavestone Capital takes a look at the day's market action, includi…
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SBS On the Money


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SBS On the Money: Global rates continue to rise despite banking concerns
7:53
7:53
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7:53
The Bank of England was one of three central banks to lift interest rates overnight, so with more continuing to push higher despite the recent global banking concerns, SBS Finance Editor Ricardo Gonçalves speaks with Shane Oliver from AMP Capital to find out what it means for the RBA. Plus the dividend payment timeline ramps up.…
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SBS On the Money


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SBS On The Money: Why housing and construction costs are remaining high
9:46
9:46
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9:46
Brickworks CEO Lindsay Partridge warns that building costs will remain high because of a shortage of labour, especially electricians. SBS Finance Editor Ricardo Gonçalves speaks with him to find out more and how inflationary costs are being passed onto consumers. Plus, Tony Sycamore from IG Markets goes through the US Federal Reserve's decision to …
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SBS On the Money


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SBS On the Money: Dilmah Tea CEO on Sri Lanka's $4.3bn IMF bailout
14:00
14:00
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14:00
Sri Lanka will receive a $4.3bn bailout from the International Monetary Fund, but its economy still has a long way to go as much of its population endures poverty. SBS Finance Editor Ricardo Gonçalves speaks with Sri Lankan based Dilmah Tea CEO Dilhan C. Fernando to get a business perspective on what's next for the island nation. Plus Jun Bei Liu f…
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SBS On the Money: RBA mulls rate pause in April
9:24
9:24
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9:24
The RBA confirms in the minutes of its March board meeting that it is considering an interest rate pause in April, so SBS Finance Editor Ricardo Gonçalves speaks with Robert Talevski from Activus Investment Advisors for more, including a change in market sentiment following the UBS buy of Credit Suisse. Plus, Rhayna Bosch speaks with Domain's Nicol…
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SBS On the Money: Markets react to UBS buy of Credit Suisse
13:35
13:35
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13:35
SBS Finance Editor Ricardo Gonçalves speaks with Raymond Chan from Morgans Financial Limited.
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SBS On the Money: US banks band together to save another failing bank
9:39
9:39
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9:39
Eleven US banks have worked together to deposit US$30bn at smaller lender First Republic which had been caught up in the financial crisis triggered by the collapse of two mid-sized US banks over the past week. SBS Finance Editor Ricardo Gonçalves speaks with ANZ's Mahjabeen Zaman to get her take on the latest banking developments and to find out if…
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SBS On the Money: Are we headed for another global financial crisis?
17:09
17:09
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17:09
Global markets have been rocked by further developments in the banking sector with Credit Suisse shares plummeting in Europe on Wednesday night after one of the bank's major shareholders said it wouldn't increase its stake in the company. SBS Finance Editor Ricardo Gonçalves speaks with Angel Zhong from RMIT University to find out if this, combined…
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SBS On the Money: Electricity prices set to rise by around 20%
10:31
10:31
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10:31
The Australian Energy Regulator has approved price rises of around 20 per cent for some New South Wales, South Australian and south-east Queensland customers from July 1. Rhayna Bosch speaks with Gavin Dufty from the St Vincent de Paul Society Victoria for more. Plus SBS Finance Editor Ricardo Gonçalves speaks with Francesco De Stradis from Ord Min…
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SBS On the Money: Australian share market hits a 10 week low
11:05
11:05
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11:05
SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey to find out what's really concerning the market and if it is warranted, while Mathan Somasundaram from Deep Data Analytics weighs in.
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SBS On the Money: Is the collapse of Silicon Valley bank concerning?
8:00
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8:00
SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management to find out more about why the bank failed and what it means for global markets.
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SBS On the Money: ASX has worst day since September 2022
6:35
6:35
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6:35
The Australian sharemarket has recorded its worst day in six months after fears of higher interest rates and a potential niche bank collapse in the United States hit investor sentiment. SBS Finance Editor Ricardo Gonçalves speaks with Carl Capolingua from ThinkMarkets to get his thoughts on the day's market action.…
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SBS On the Money: Big ex-dividend day and slow Chinese inflation slows market
11:51
11:51
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11:51
The Australian sharemarket only finished marginally higher as some of the market's biggest companies trades ex-dividend. SBS Finance Editor Ricardo Goncalves speaks with Evan Lucas from InvestSMART for more, including the latest updates from Myer and Xero, plus CEDA's Andrew Barker explains the extent to which lower income households are being hit …
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SBS On the Money: Is a pause in interest rate rises near?
7:27
7:27
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7:27
The Reserve Bank says it is getting closer to a point where it may pause lifting interest rates should data warrant it. Hear what Governor Philip Lowe had to say about it, as SBS Finance Editor Ricardo Gonçalves speaks with Luke Laretive from Seneca Financial Solutions on the market reaction.
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SBS On the Money: Economy and house price declines slow
12:08
12:08
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12:08
The Australian economy expanded by a less than expected 0.5% in the December quarter, but it still remains one of the best performing advanced economies in the world. SBS Finance Editor Ricardo Gonçalves speaks with NAB Chief Economist Alan Oster for more; Hebe Chen from IG Markets looks at the sharemarket reaction; and find out if the recent pause…
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SBS On the Money: Retail rebounds but troubles ahead
10:12
10:12
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10:12
SBS Finance Editor Ricardo Gonçalves speaks with Oreana Group Chief Investment Officer Isaac Poole for more; plus SEEK Senior economist Matt Cowgill on the direction of wages.
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APRA has maintained the interest rate buffer banks need to apply when assessing new borrowers. SBS Finance Editor Ricardo Gonçalves speaks with Sam Garland from PwC Australia for more; plus David Berthon-Jones, CFA from Aequitas Investments on why the sharemarket fell to a seven week low; and how to claim your share of $16bn in lost superannuation …
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Australia's gender pay gap has narrowed to a record low of 13.3% but that still means for every $1 men make, women make 87 cents. SBS Finance Editor Ricardo Gonçalves speaks with Mary Wooldridge from the Workplace Gender Equality Agency for more; plus a wrap of the day on the markets including profit reporting season with Jessica Amir from Saxo Mar…
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SBS On the Money: Qantas posts record profit but airfares stay high
13:10
13:10
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13:10
Qantas returned to profit with a record $1.34 billion underlying earnings result despite years of losses during the pandemic.
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On the Money: Real wages continues to decline and why airfares may ease
16:10
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16:10
Wages grew at the fastest annual pace in nearly a decade, but with inflation running at more than double that, real wages has gone backward. SBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Economist Paul Bloxham to find out what this means for interest rates; Rhayna Bosch chats with Flight Centre CEO Graham Turner to get an update on th…
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SBS On the Money: BHP profit falls, but dividend is fifth highest ever
14:08
14:08
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14:08
BHP has posted a 32 per cent fall in half year profit, but CFO David Lamont tells SBS Finance Editor Ricardo Gonçalves he sees green shoots in China and combined with India, bodes well for the company's outlook as the rest of the world slows. Plus, Michael Jenneke from Credit Suisse looks though the miner's result.…
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SBS On the Money: CEO Series with Bendigo and Adelaide Bank as well as nib group
16:34
16:34
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Bendigo and Adelaide Bank CEO Marnie Baker tells SBS Finance Editor Ricardo Gonçalves how the bank's customers are set to cope with what she expects will be another two official interest rate rises.
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SBS On the Money: Changes to the way you can make work from home deductions
8:20
8:20
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8:20
The ATO has made some changes to the way you can claim work from home tax deductions, and you may not even need a home office to benefit. Rhayna Bosch speaks with Commissioner Tim Loh for more, plus SBS Finance Editor Ricardo Gonçalves speaks with James Whelan from VFS Group on the day on the markets…
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