ABC Business Daily

Global markets are shifting, debt is getting more expensive, and the AI investment boom is showing signs of risk. So what's the big picture and where could the next crisis emerge?Macro strategist Gerard Minack joins us to unpack the forces shaping the global economy, from rising bond yields and the growing threat of a sovereign debt crisis to whether the billions pouring into AI will ever deliver the returns investors are banking on.Plus, we turn to Australia's housing market, where higher interest rates, changes to investment incentives and slowing population growth could create a perfect storm for house prices.What should investors be watching, and what do these shifts mean for the rest of us? On ABC Business Daily with Carrington Clarke, Gerard Minack cuts through the market noise to explain what matters and what could come next.Got a burning business question?Send a short voice recording to Carrington and the team at [email protected] a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Despite rich resources and recent advancements in technology, why does Danielle Wood think the economy is still struggling to be more productive? The Productivity Commission Chair joins ABC Business Daily to weigh in on Australia’s productivity problem - workforce participation, population growth, the care economy, and AI’s role in stimulating growth. So, are we set on a path of stagnation where decent pay rises cause prices to rise? Or can we turn this ship around?Carrington Clarke and Danielle Wood, Chair of the Australian Productivity Comission, break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

It was the 44 billion dollar float that flopped. AI startup Firmus has dramatically pulled the plug on what was supposed to be the second biggest listing in ASX history. So what went wrong? Who is left "holding the bag"?And what does the decision tell us about investor appetite for all things AI?Carrington Clarke and James Thomson, senior Chanticleer columnist at the Australian Financial Review, break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Migration is dominating the headlines, with the Coalition promising the biggest cut to immigration in Australia’s history — a policy opposition leader Angus Taylor has called "budget neutral". But what are the economic questions behind student visa numbers, skilled worker contributions, and pressures on the Australian property market?And just how should economics shape decisions about migration?Carrington Clarke and Professor Robert Breunig, Director of the Tax and Transfer Policy Institute at the ANU, break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The Australian stock market could be set for its second biggest IPO in history, with Firmus, the data-centre builder and operator, looking to tap the market for billions. So does the business case stack up?Meanwhile, Australians across the country are adjusting to last week’s rate hike in an economy with inflation still higher than the RBA would like. The central bank says it hopes to avoid recession as it tries to tame price rises. But what lessons can be learned from previous economic cycles?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.You can check out Ian's recent analysis pieces on Firmus and recession talk. Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Commonwealth Bank is Australia’s biggest bank and its second-biggest company. One in three Australians are CommBank customers, giving it an enormous influence over the Australian economy.Matt Comyn has been CBA’s CEO since 2018 and has been named by the Australian Financial Review as the most powerful person in corporate Australia. Now, with Australians watching closely for what happens to interest rates amid a still-high cost of living, Matt Comyn joins Alan Kohler on That’s Business to discuss rates, AI, productivity and the future of Australian banking. Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

Fresh inflation figures from the Australian Bureau of Statistics give us a look under the hood of an economy running hot. So just what is keeping inflation higher than the RBA would like? How does this fresh data affect the odds of a further rate hike in November?And how are central banks responding to the global bond market?Carrington Clarke and Paul Bloxham HSBC’s Chief Economist for Australia, New Zealand, and Global Commodities, break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Is the era of US-dollar dominance on its last legs? Against the backdrop of the war in Iran, a trade war with Canada, and bond sell-offs, trust in the Greenback appears to be weakening. Meanwhile central banks around the world have been looking elsewhere to shore up reserves. So how does this all play into rising interest rates - here in Australia - and across the world?Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The Australian Government is calling for stronger global rules around artificial intelligence. But as AI agents become more capable and autonomous, the question is becoming increasingly urgent: can governments regulate AI before it gets ahead of them?This week, prime minister Anthony Albanese announced a swarm of OpenAI's agents appeared to work together to circumvent cybersecurity defences and access Medicare health data.But the US President Donald Trump has rejected calls for more AI guardrails, arguing the technology should instead be embraced as "super intelligence".Alan Kohler sits down with Andrew Charlton, Assistant Minister for Science, Technology and the Digital Economy, to discuss who stands to benefit from the AI boom, who should control the technology, and whether Australia can shape the future of AI or will simply have to adapt to it.Got a burning business question?Send a short voice recording to the ABC Business Daily team at [email protected]

Reserve bank boss Michelle Bullock has made her final public appearance ahead of next week’s rate decision. And with the public eager to get some sense of which way rates will go, the message most people seemed to hear was clear: The fight against inflation isn’t over yet. And it may take a further lift in unemployment to get there.So is a rate hike all but certain?Meanwhile, Donald Trump recently took the stage to address the United Nations General Assembly in New York. Is the US president about to cut the world off from American diesel?Carrington Clarke and Millie Muroi, Economics Writer at the The Sydney Morning Herald break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The price of Brent Crude has climbed back above one hundred dollars a barrel in response to rising concerns that the ongoing conflict in the Middle East is spreading. Here in Australia, the Coalition is touting a new fuel excise proposal as the price of diesel climbs closer to spikes not seen since the beginning of the conflict.Meanwhile, analysts from Australia's big four banks agree that a September rate hike from the Reserve Bank is looking increasingly likely. So what do the latest auction clearance rates do to fill in the Australian property picture? And just how deep a downturn is on the horizon?Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

The US Federal Reserve has hiked interest rates for the first time since 2023 - and the consequences could reach all the way into your investment portfolio.United States Federal Reserve Chair Kevin Warsh says the move is designed to bring inflation back towards target faster - but will one hike be enough, or are more on the way?And as higher US rates ripple through global markets, shifting currencies, borrowing costs and share prices - what are the potentially significant consequences for Australian companies and investors?In this special episode of ABC Business Daily Carrington Clarke is joined by Richard Schellbach, Equity Strategist at UBS, to break it all down.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.