Many Australians have adopted online accounting software Xero to make their businesses easier to operate, with the company growing subscribers by 6% in the last year.

Many Australians have adopted online accounting software Xero to make their businesses easier to operate, with the company growing subscribers by 6% in the last year.

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


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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>

Money News

Money News - Highlights

Audio highlights from Sydney's number one station.

Audio highlights from Sydney's number one station.

2GB On-Demand

Sukhinder Singh Cassidy, CEO of Xero

This week: Chinese stimulus doesn't live up to the hype; population growth on the national agenda; small businesses look forward to a pickup in conditions; wages still outpacing inflation even as growth falls; and the start-up helping people to finance the messy period of divorce.

This week: Chinese stimulus doesn't live up to the hype; population growth on the national agenda; small businesses look forward to a pickup in conditions; wages still outpacing inflation even as growth falls; and the start-up helping people to finance the messy period of divorce.

Money Week: 11th-14th of November, 2024

Hosts: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

Hosts: Deb Knight
Executive Producer: Tom Storey
Technical Producer: Liam Achurch
Publisher: Nine Radio

Money News with Deb Knight - 14th November

MARKET WRAP:


ASX200: up 0.37%, 8,224


GOLD: $2,557 US/oz


BITCOIN: $139,317 AUD




The ASX 200 broke a losing streak to close up 0.4%


Accounting software company Xero released its half-year earnings with shares finishing 5.9% higher to $171.


Farm chemical supplier Nufarm saw its shares gain 6% despite a 29% fall in underlying earnings.


Commbank up 2.2%, NAB up 1%, Westpac up 1.3% and ANZ up 1.2%.


BHP down 1.3% and Fortescue down 1.9%.


Resmed down 2.5% and Bluescope Steel down 2.4%.

CURRENCY UPDATE:


AUD/USD: 64.65 US cents


AUD/GBP: 51.0 pence


AUD/EUR: 61 Euro cents


AUD/JPY: 100 Japanese yen


AUD/NZD: 1.10 NZ dollars

MARKET WRAP:
<ul>
<li dir="ltr" aria-level="1">
ASX200: up 0.37%, 8,224
</li>
<li dir="ltr" aria-level="1">
GOLD: $2,557 US/oz
</li>
<li dir="ltr" aria-level="1">
BITCOIN: $139,317 AUD 
</li>
<li dir="ltr" aria-level="1">
The ASX 200 broke a losing streak to close up 0.4%
</li>
<li dir="ltr" aria-level="1">
Accounting software company Xero released its half-year earnings with shares finishing 5.9% higher to $171.
</li>
<li dir="ltr" aria-level="1">
Farm chemical supplier Nufarm saw its shares gain 6% despite a 29% fall in underlying earnings.
</li>
<li dir="ltr" aria-level="1">
Commbank up 2.2%, NAB up 1%, Westpac up 1.3% and ANZ up 1.2%.
</li>
<li dir="ltr" aria-level="1">
BHP down 1.3% and Fortescue down 1.9%.
</li>
<li dir="ltr" aria-level="1">
Resmed down 2.5% and Bluescope Steel down 2.4%.
</li>
</ul>
CURRENCY UPDATE:
<ul>
<li dir="ltr" aria-level="1">
AUD/USD: 64.65 US cents
</li>
<li dir="ltr" aria-level="1">
AUD/GBP: 51.0 pence
</li>
<li dir="ltr" aria-level="1">
AUD/EUR: 61 Euro cents
</li>
<li dir="ltr" aria-level="1">
AUD/JPY: 100 Japanese yen
</li>
<li dir="ltr" aria-level="1">
AUD/NZD: 1.10 NZ dollars
</li>
</ul>

Sukhinder Singh Cassidy, CEO of Xero

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