The banks cop a grilling in parliament; Wesfarmers rides the success wave of Kmart; profits down at Qantas; could the coffee run be the next workplace habit to go?; Australia’s South-East Asian trading future; increasing number of borrowers using credit cards to pay the mortgage; the latest in media with Ben Willee; and Scott Phillips joins us for the Market Wrap.



Host: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

The banks cop a grilling in parliament; Wesfarmers rides the success wave of Kmart; profits down at Qantas; could the coffee run be the next workplace habit to go?; Australia’s South-East Asian trading future; increasing number of borrowers using credit cards to pay the mortgage; the latest in media with Ben Willee; and Scott Phillips joins us for the Market Wrap.
 
Host: 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 - 29th August

In our regular media wrap, is it too early to call Kyle & Jackie O’s Melbourne adventure a failure? 

In our regular media wrap, is it too early to call Kyle &amp; Jackie O’s Melbourne adventure a failure?

Ben Willee, General Manager and Media Director for Spinach Advertising

Australia’s future may or may not lie in its resources, but diversifying trade with South-East Asia might be a vital pivot in any case.

Australia’s future may or may not lie in its resources, but diversifying trade with South-East Asia might be a vital pivot in any case.

Leigh Howard, Asialink Business CEO

As reporting season edges towards its end, we dive into the results of Qantas as it continues to push for a turnaround to the business.
ASX200: down 0.33%, 8,045
AUD: 68.04 US cents
GOLD: $2,548 US/oz
BITCOIN: $87,424 AUD
Cettire’s woes continued. Annual profit dropped by 34%, adding to the turbulent year for the fashion brand, with shares down over 20% in trading today.
Mineral Resources won’t pay a dividend after being affected by softer lithium prices, with shares down 8.1%.
There were also losses for BHP, Woodside and Woolworths.
Qantas shares lifted in late trading, up 0.8% on the day after its full year profit fell by 28% to $1.25 billion.
Bega lifted revenue and profit helping the company’s price up by 9.4% to $4.66.
Record revenue for IDP Education saw its shares lift by 3.1%.
While there were gains of more than 1% for Computershare, Ramsay Health Care, and Charter Hall.

As reporting season edges towards its end, we dive into the results of Qantas as it continues to push for a turnaround to the business.
<ul>
<ul>
<li aria-level="1">ASX200: down 0.33%, 8,045</li>
<li aria-level="1">AUD: 68.04 US cents</li>
<li aria-level="1">GOLD: $2,548 US/oz</li>
<li aria-level="1">BITCOIN: $87,424 AUD</li>
</ul>
</ul>
<ul>
<li aria-level="1">Cettire’s woes continued. Annual profit dropped by 34%, adding to the turbulent year for the fashion brand, with shares down over 20% in trading today.</li>
<li aria-level="1">Mineral Resources won’t pay a dividend after being affected by softer lithium prices, with shares down 8.1%.</li>
<li aria-level="1">There were also losses for BHP, Woodside and Woolworths.</li>
<li aria-level="1">Qantas shares lifted in late trading, up 0.8% on the day after its full year profit fell by 28% to $1.25 billion.</li>
<li aria-level="1">Bega lifted revenue and profit helping the company’s price up by 9.4% to $4.66.</li>
<li aria-level="1">Record revenue for IDP Education saw its shares lift by 3.1%.</li>
<li aria-level="1">While there were gains of more than 1% for Computershare, Ramsay Health Care, and Charter Hall.</li>
</ul>

Money News with Deb Knight - 29th August

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