Wages up 3.5% over the last year; Spotify grows its numbers of paid subscribers; Commonwealth Bank cashes $2.5b first quarter profit; US markets have first down day one week on from the election; Donald Trump appoints his cabinet; cryptocurrency shooting the lights out; how to finance a divorce; and Kate Hanrahan joins us for the Market Wrap.

Hosts: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

Wages up 3.5% over the last year; Spotify grows its numbers of paid subscribers; Commonwealth Bank cashes $2.5b first quarter profit; US markets have first down day one week on from the election; Donald Trump appoints his cabinet; cryptocurrency shooting the lights out; how to finance a divorce; and Kate Hanrahan joins us for the Market Wrap.
Hosts: Deb Knight
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 Deb Knight - 13th November

Divorce can be a messy time financially, so a new start-up is helping to smooth the process, offering financing for legal fees.

Divorce can be a messy time financially, so a new start-up is helping to smooth the process, offering financing for legal fees.

Jack O'Donnell & Andy O'Connor, founders of JustFund

One week on from the US election, markets took their first dive. But with a radical agenda to be put in place, what’s the long term outlook for financial markets & cryptocurrency?

One week on from the US election, markets took their first dive. But with a radical agenda to be put in place, what’s the long term outlook for financial markets &amp; cryptocurrency?

Ashley Glover, CMC Head of Sales Trading APAC & Canada 

ads / start markets

Marker 05

A lack of IPO action has been a mark of the ASX this year, but DigiCo is expected to list before Santa appears down our chimneys.

MARKET WRAP:


ASX200: down 0.75%, 8,193


GOLD: $2,612 US/oz


BITCOIN: $134,135 AUD




Financial stocks were down 1.1%


Commonwealth Bank gave its first quarter update, with the bank down 0.4% to $149.62 after posting net profit of $2.5 billion in the first quarter.


A 23% fall in net profit for building materials company James Hardie didn’t put off investors - shares were up 6.2% to $53.35


Aristocrat Leisure increased its profits by 17%, helping shares to gain 2.6% on the day to $66.62


Gains of more than 1% for Flight Centre, Yancoal, and Ampol.


Mineral Resources shares down 7.2% to $34.95


NUIX plunged more than 22% to $5.90 after the CEO told the market growth would be weighted towards the back half of the year.

CURRENCY UPDATE:


AUD/USD: 65.26 US cents


AUD/GBP: 51.2 pence


AUD/EUR: 61 Euro cents


AUD/JPY: 101 Japanese yen


AUD/NZD: 1.10 NZ dollars

A lack of IPO action has been a mark of the ASX this year, but DigiCo is expected to list before Santa appears down our chimneys.
MARKET WRAP:
<ul>
<li dir="ltr" aria-level="1">
ASX200: down 0.75%, 8,193
</li>
<li dir="ltr" aria-level="1">
GOLD: $2,612 US/oz
</li>
<li dir="ltr" aria-level="1">
BITCOIN: $134,135 AUD 
</li>
<li dir="ltr" aria-level="1">
Financial stocks were down 1.1%
</li>
<li dir="ltr" aria-level="1">
Commonwealth Bank gave its first quarter update, with the bank down 0.4% to $149.62 after posting net profit of $2.5 billion in the first quarter.
</li>
<li dir="ltr" aria-level="1">
A 23% fall in net profit for building materials company James Hardie didn’t put off investors - shares were up 6.2% to $53.35
</li>
<li dir="ltr" aria-level="1">
Aristocrat Leisure increased its profits by 17%, helping shares to gain 2.6% on the day to $66.62
</li>
<li dir="ltr" aria-level="1">
Gains of more than 1% for Flight Centre, Yancoal, and Ampol.
</li>
<li dir="ltr" aria-level="1">
Mineral Resources shares down 7.2% to $34.95
</li>
<li dir="ltr" aria-level="1">
NUIX plunged more than 22% to $5.90 after the CEO told the market growth would be weighted towards the back half of the year.
</li>
</ul>
CURRENCY UPDATE:
<ul>
<li dir="ltr" aria-level="1">
AUD/USD: 65.26 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: 101 Japanese yen
</li>
<li dir="ltr" aria-level="1">
AUD/NZD: 1.10 NZ dollars
</li>
</ul>

Money News with Deb Knight - 13th November

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