NAB owes staff $171million & cheating CEO faces the sack

The big four banks are under fire today. ANZ is being questioned over taking advantage of the cost of living crisis and NAB has admitted to underpaying 66,000 staff over 14 years. Meanwhile the Australian dollar is experiencing a 10 month low and Nvidia Founder and CEO is facing the sack after his …

David Jones confirms closures

David Jones has confirmed half its stores will close with further cuts to come. The Commonwealth banks first quarter profits up 8%, meanwhile home loans slump as Government tax policies fail. Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publi…

Qantas axes 850 jobs as ASX surges

Qantas cuts 850 roles in a massive tech outsourcing shake-up with Accenture, while an overnight plunge in oil prices sends Wall Street rallying and propels the ASX 200 to an 11-week high. Plus, Monadelphous shoots higher on revenue guidance, while Life360 and Superloop take heavy hits. Press the f…

Is Nvidia being taken down by a "Chinese spy"?

ANZ posts its profit, and the world's BIGGEST company is living out a James Bond movie with the CEO embroiled in an affair with... a "Chinese spy"? Meanwhile Australian Prime Minister Anthony Albanese has committed to campaigning off the back of his economic record. Press the follow button in your…

U.S midterms have a BIG impact on Wall Street

Tech stocks are taking the biggest hit post the USA midterms, but how has the Australian market reacted? Meanwhile, it is speculated that Myer would benefit from the David Jones downfall, but that doesn't seem to be the case. Press the follow button in your podcast app for the latest episode of th…

What happens now as David Jones goes into administration

On Australian shores the biggest story of the day is David Jones going into administration, while NAB has announced a $6.14 billion profit. Overseas, the Democrat domination in the USA has had an immediate impact on Wall Street. Press the follow button in your podcast app for the latest episode of…

The repercussions of the Democratic landslide & Interest rate impact

The biggest story in both the World including the Finance world has been the absolute shellacking that the Republicans have received in the Mid-Term elections. And how is the LARGEST THEFT in history not being reported? Press the follow button in your podcast app for the latest episode of the Mone…

Interest Rates at the Highest Level Since '08

The Reserve Bank of Australia has increased  the cash Rate to 4.85% with Interest rates now at the highest level since November 2008. The other big story for today is the Melbourne cup -  a massive economic driver for the country, with national customer spending forecast to reach a staggering $3.44…

Yet Another Interest Rate Rise on the Horizon

The ASX200is down by 50.8 points at close today, Westpac has posted a $6.96 billion full-year profit as bad loans unexpectedly fell and KMD Brands, the parent company of iconic companies Kathmandu and Rip Curl, saw its share price surge by over 11 percent following the announcement of potential tak…

From The Summary Podcast - E-Bikes, ER Visits, and Public Safety

This is the fifth episode of our daily news podcast, to follow and get your updates throughout the day search 'The Summary' in your podcast app, and tap the follow button. The Summary, a podcast that keeps you connected to what matters, and why.  As e-bikes fill Australian streets, emergency depar…