The Commonwealth Bank criticised for fees charged to account holders; the ASX-listed company looking to treat skin cancers; the last of the Chinese trade restrictions wound back; GDP figures out tomorrow; how is 2025 shaping up for SMEs?; and Evan Lucas joins us for the Market Wrap.



Host: Scott Haywood

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

The Commonwealth Bank criticised for fees charged to account holders; the ASX-listed company looking to treat skin cancers; the last of the Chinese trade restrictions wound back; GDP figures out tomorrow; how is 2025 shaping up for SMEs?; and Evan Lucas joins us for the Market Wrap.
 
Host: Scott Haywood
Executive Producer: Tom Storey
Technical Producer: Liam Achurch
Publisher: Nine Radio

Join Deborah Knight for Money News, the most respected business program on radio.


If you crave the latest insights into super & small business, interest rates & investment, and economics & e-commerce, then the team at Money News has everything you need to know.


Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing moneynews@2gb.com

Join Deborah Knight for Money News, the most respected business program on radio.
 If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
 Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>

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Money News with Scott Haywood - 3rd December

The supermarkets have headed in the opposite direction of the banks this year on the market, and supply disruptions for Woolworths won’t be helping.

MARKET WRAP:


ASX200: up 0.56% to 8,495


GOLD: $2,668 US/oz


BITCOIN: $147,185 AUD




Metcash, closing up 7 ½ per cent to $3.43


Woolworths fell again as shelves and strike challenges continue to plague them  


By association Coles shares were higher to near record highs up 1 ½ per cent 


Westpac the standout bank up more than 1% to $33.61


Invion shares up 100% today to 36 cents.


A lift in commodity prices saw RIO and Fortescue benefit - BHP was down a touch but still above $40 a share.


Collins foods owner of KFC and Taco Bell shares down more than 4% to $8.25



CURRENCY UPDATE:


AUD/USD: 64.80 US cents


AUD/GBP: 51.2 pence


AUD/EUR: 61 Euro cents


AUD/JPY: 97 Japanese yen


AUD/NZD: 1.10 NZ dollars

The supermarkets have headed in the opposite direction of the banks this year on the market, and supply disruptions for Woolworths won’t be helping.
MARKET WRAP:
<ul>
<li dir="ltr" aria-level="1">
ASX200: up 0.56% to 8,495
</li>
<li dir="ltr" aria-level="1">
GOLD: $2,668 US/oz
</li>
<li dir="ltr" aria-level="1">
BITCOIN: $147,185 AUD
</li>
</ul>
 
<ul>
<li dir="ltr" aria-level="1">
Metcash, closing up 7 ½ per cent to $3.43
</li>
<li dir="ltr" aria-level="1">
Woolworths fell again as shelves and strike challenges continue to plague them  
</li>
<li dir="ltr" aria-level="1">
By association Coles shares were higher to near record highs up 1 ½ per cent 
</li>
<li dir="ltr" aria-level="1">
Westpac the standout bank up more than 1% to $33.61
</li>
<li dir="ltr" aria-level="1">
Invion shares up 100% today to 36 cents.
</li>
<li dir="ltr" aria-level="1">
A lift in commodity prices saw RIO and Fortescue benefit - BHP was down a touch but still above $40 a share.
</li>
<li dir="ltr" aria-level="1">
Collins foods owner of KFC and Taco Bell shares down more than 4% to $8.25
</li>
</ul>
 
CURRENCY UPDATE:
<ul>
<li dir="ltr" aria-level="1">
AUD/USD: 64.80 US cents
</li>
<li dir="ltr" aria-level="1">
AUD/GBP: 51.2 pence
</li>
<li dir="ltr" aria-level="1">
AUD/EUR: 61 Euro cents
</li>
<li dir="ltr" aria-level="1">
AUD/JPY: 97 Japanese yen
</li>
<li dir="ltr" aria-level="1">
AUD/NZD: 1.10 NZ dollars
</li>
</ul>

The Market Wrap with Evan Lucas, Independent Analyst

Marker 01

Marker 02

The last two years have been punishing for small business, but is 2025 shaping up any better?

The last two years have been punishing for small business, but is 2025 shaping up any better?

Alan Oster, NAB Chief Economist

As we head into summer we are all urged to slip, slop, slap, but if you are part of the 2 in 3 Australians affected by skin cancer, a new trial could help with treatment in the long-run.

As we head into summer we are all urged to slip, slop, slap, but if you are part of the 2 in 3 Australians affected by skin cancer, a new trial could help with treatment in the long-run.

Money News with Scott Haywood - 3rd December

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