Day Two of Donald Trump’s presidency brings even more changes; AI joint venture to invest in tech; tariff speculation moves markets; business outlines its desires ahead of the 2025 election; ANZ under investigation; polls show concerns over cost of living & inflation; loopholes help criminals avoid compensation payments; and Carl Capolingua joins us for the Market Wrap.

Host: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

See omnystudio.com/listener for privacy information.

The US President is making moves that are changing markets, but will it keep up the pace for the next four years?

MARKET WRAP:

• ASX200: up 0.33% to 8,429
• GOLD: $2,764 US/oz
• BITCOIN: $168,036 AUD

• Tech stocks gained on the news of Trump’s AI joint venture. Wisetech up 2.9%, Xero up 2.4% and Life 360 jumped 3.4%
• Boss Energy up 14.2% to $3.22, Paladin 10.1% stronger and Deep Yellow gaining 7.3% in a good day for uranium miners
• Gold prices reached 3-month highs helping Evolution up 4.1% to $5.89, while Bellevue was up 3.5% to $1.18.
• Industrial stocks were 1.2% higher, as Qantas gained 3.7% and Seven Group lifted 2.9%.
• Woodside dropped 1.9% to $25.25 after it said production in the last quarter had dropped by 3%.
• Iluka dropped 7% to $4.95 despite its quarterly review showing a rise of 23% in output.
• And BHP, CSL and Aristocrat all tumbled by more than 1%

CURRENCY UPDATE:

• AUD/USD: 62.62 US cents
• AUD/GBP: 50.81 pence
• AUD/EUR: 60 Euro cents
• AUD/JPY: 97 Japanese yen
• AUD/NZD: 1.10 NZ dollars

See omnystudio.com/listener for privacy information.

Advocates are moving to shut down a loophole in the system that has seen criminals use superannuation to deny victims access to compensation.

See omnystudio.com/listener for privacy information.

The Australian election is expected to be a tight contest, but the Chamber of Commerce is pushing for whoever wins to reform the tax system and repair the budget.

See omnystudio.com/listener for privacy information.

Donald Trump's policy agenda continues to send ripples through global markets, with Aussie companies benefiting from his tariff plan.

See omnystudio.com/listener for privacy information.

Donald Trump moves markets as he signs a stack of executive orders; the Victorian government moves to make fuel pricing more transparent; BHP ups its copper production; Wesfarmers to shut down online retail arm Catch; business insolvencies up through first half of financial year; smoothing out cash flow for retailers; and Henry Jennings joins us for the Market Wrap.

Host: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

See omnystudio.com/listener for privacy information.

The post-Christmas period can be a struggle for small businesses, but new ideas could help smooth cash flow.

See omnystudio.com/listener for privacy information.

Wesfarmers will close its online retailer Catch after it faced increased competition from Amazon, Shein and Temu.

MARKET WRAP:

• ASX200: up 0.66% to 8,402
• GOLD: $2,740 US/oz
• BITCOIN: $163,365 AUD

• Wesfarmers shares gaining 1.6% on the day to $72.88
• Liontown reported better than expected cashflow in its quarterly update, helping it to lift 11.9% to 70.5 cents a share.
• HUB24 shares leaping 11% to $72.43.
• Gains for NAB, Westpac and ANZ as the financial sector rose by 1.25%.
• Carnarvon Energy shares down more than 22% after Santos put joint-venture plans for a $3.2 billion oil and gas project on hold. Santos slid 2.2% to $7.13.
• CSL, Goodman Group and Xero all finished down.

CURRENCY UPDATE:

• AUD/USD: 62.42 US cents
• AUD/GBP: 50.8 pence
• AUD/EUR: 60 Euro cents
• AUD/JPY: 97 Japanese yen
• AUD/NZD: 1.10 NZ dollars

See omnystudio.com/listener for privacy information.

The US wasn’t the only country to change leadership in the last year, so how will geopolitical risks impact business in 2025?

See omnystudio.com/listener for privacy information.

Markets moved as the "Day One" Trump tariffs didn't come to fruition, with the ASX 200 now getting close again to record highs.

See omnystudio.com/listener for privacy information.

Expectations on economics & finance in 2025; Donald Trump’s presidency could bring in a new world of cryptocurrency; fears over the longevity of Star Entertainment; super system in need of more simplicity; the best performing funds of 2024; Australia increases its number of billionaires; and Elio D’Amato joins us for the Market Wrap.

Host: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Liam Achurch

Publisher: Nine Radio

See omnystudio.com/listener for privacy information.