Anthony Albanese faces the music over Qantas Chairman’s Lounge connection in Joe Aston’s new book; dealing with the banks; Mosaic Brands collapses into voluntary administration; the oil price falls as Middle East tensions subside; looking at how to save before Christmas; WA leads the states; ANZ cuts fixed-rate loans; and Adam Dawes joins us for the Market Wrap.



Host: Deborah Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

Anthony Albanese faces the music over Qantas Chairman’s Lounge connection in Joe Aston’s new book; dealing with the banks; Mosaic Brands collapses into voluntary administration; the oil price falls as Middle East tensions subside; looking at how to save before Christmas; WA leads the states; ANZ cuts fixed-rate loans; and Adam Dawes joins us for the Market Wrap.
 
Host: Deborah 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 - 28th October

In part two of our look at options for saving, Jess Irvine tell us how you can approach the Christmas period and keep your budget in check.

In part two of our look at options for saving, Jess Irvine tell us how you can approach the Christmas period and keep your budget in check.

Jessica Irvine, CommBank personal finance expert

Mosaic Brands is the latest retail chain to suffer the fate of administration, but should we be surprised?

MARKET WRAP:
ASX200: up 0.12%, 8,221
GOLD: $2,753 US/oz
BITCOIN: $103,737 AUD
The Tech sector leading the way, up 2%, led by Xero, up 2.5%, and Wisetech Global, up 0.9%
A lift in the iron ore price on futures markets helped our big miners, as BHP lifted 1.3%, Fortescue rose 2.2% and Rio Tinto gained 1.7%.
Sleep apnoea med tech company Resmed gained 3.6% to $39.07
Sliding backwards by 15.3% to $10.36 was uranium producer Paladin Energy
Lowering tensions in the Middle East brought the oil price down, with Woodside, Santos and Viva Energy all finishing in the red.
Mosaic Brands heading into voluntary administration, with shares suspended at 3.6 cents since late August.

CURRENCY UPDATE:
AUD/USD: 66.00 US cents
AUD/GBP: 50.90 pence
AUD/EUR: 61 Euro cents
AUD/JPY: 101 Japanese yen
AUD/NZD: 1.10 NZ dollars

Mosaic Brands is the latest retail chain to suffer the fate of administration, but should we be surprised?
MARKET WRAP:
<ul>
<ul>
<li aria-level="1">ASX200: up 0.12%, 8,221</li>
<li aria-level="1">GOLD: $2,753 US/oz</li>
<li aria-level="1">BITCOIN: $103,737 AUD</li>
</ul>
</ul>
<ul>
<li aria-level="1">The Tech sector leading the way, up 2%, led by Xero, up 2.5%, and Wisetech Global, up 0.9%</li>
<li aria-level="1">A lift in the iron ore price on futures markets helped our big miners, as BHP lifted 1.3%, Fortescue rose 2.2% and Rio Tinto gained 1.7%.</li>
<li aria-level="1">Sleep apnoea med tech company Resmed gained 3.6% to $39.07</li>
<li aria-level="1">Sliding backwards by 15.3% to $10.36 was uranium producer Paladin Energy</li>
<li aria-level="1">Lowering tensions in the Middle East brought the oil price down, with Woodside, Santos and Viva Energy all finishing in the red.</li>
<li aria-level="1">Mosaic Brands heading into voluntary administration, with shares suspended at 3.6 cents since late August.</li>
</ul>
CURRENCY UPDATE:
<ul>
<li aria-level="1">AUD/USD: 66.00 US cents</li>
<li aria-level="1">AUD/GBP: 50.90 pence</li>
<li aria-level="1">AUD/EUR: 61 Euro cents</li>
<li aria-level="1">AUD/JPY: 101 Japanese yen</li>
<li aria-level="1">AUD/NZD: 1.10 NZ dollars</li>
</ul>

The Market Wrap with Adam Dawes, Senior Investment Adviser, Shaw and Partners

The record of Qantas, its former CEO & Chairman, and the interaction of our politicians has been picked apart in former AFR Columnist Joe Aston’s book The Chairman’s Lounge.

The record of Qantas, its former CEO &amp; Chairman, and the interaction of our politicians has been picked apart in former AFR Columnist Joe Aston’s book The Chairman’s Lounge.

Money News with Deb Knight - 28th October

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