ABC Business Daily

From plummeting property prices across capital cities to the very live possibility of a RBA rate hike early next month, there’s lots of economic changes for Australia’s financial institutions to digest. So are Australia’s banks ready to weather what lies ahead? And on the heels of National Australia Bank announcing a major restructure earlier this week, what does the future hold for Australia’s banking sector? Carrington Clarke and Brian Johnson, Senior Banks Analyst at MST Financial 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

It’s a tale of a two-speed economy. China's economy surprised analysts on the upside in the September quarter - but the headline growth figure masks a widening divide. Industrial activity is powering ahead, while retail spending remains far more subdued - raising fresh questions about the strength of China’s consumer economy. So why are Chinese households still reluctant to spend? And as factories keep producing at pace, is China increasingly exporting its economic pressures to the rest of the world? Lin Lin is joined by Dan Wang, China Director with Eurasia Group to 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

After a weekend of the worst civil unrest in decades in France, markets are nervously waiting to see what the political response will be - but where there's political ramifications, economic ones are also sure to follow. So is France the most precariously balanced domino on the global economic board right now? Meanwhile back home, one of the country’s biggest and most powerful companies – National Australia Bank – is cutting about six per cent of its workforce. It’s a move set to cause anguish for many of those directly impacted by cuts.  But does it also tell us something about what could be on the cards for others working in finance? Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. You can read Ian's latest analysis here.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The price of Brent Crude has taken another leg up, flirting with 110 US dollars a barrel over the weekend and pulling even greater focus onto how high energy costs are affecting the global economy. Meanwhile, Australia’s increasingly expensive public debt is putting pressure on government budgets. So is now the time for major tax reform? And would any major party be willing to test the idea of increasing the GST? 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

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 abcbusinessdaily@abc.net.au OR 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Fresh jobs figures from the ABS show worsening unemployment here in Australia. Meanwhile inflation is hotter than expected in the United States.   So will these new numbers stay the Reserve Bank’s hand from hiking interest rates on Melbourne Cup Day?   And what do minutes from the RBA’s last board meeting reveal about what the central bank thinks are the biggest risks right now?   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 abcbusinessdaily@abc.net.au 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The cost of the Firmus fiasco continues to be counted, with Maas Group paying a heavy price for its connection to the Australian AI startup.    So, how much wider is the pain likely to be felt across the economy?   And where to now, for the biggest trade in global AI markets?   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 abcbusinessdaily@abc.net.au 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Booms, busts and everything in between — for more than half a century, finance journalist Alan Kohler has had a front-row seat to the Australian economy. For his final episode hosting That's Business, we're changing things up. Alan swaps the host's chair for the hot seat to reflect on what 50 years of reporting on money, markets and business has taught him. What were the best and worst economic policies of his time? What has Alan got wrong? And if he could start all over again — would he do anything differently? Carrington Clarke sits down with Alan Kohler to unpack it all on That's Business with Alan Kohler.

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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

It’s no surprise that people are feeling bad about the economy and their finances.    But the latest look into consumer sentiment from the Westpac-Melbourne Institute’s index, reveals Australians are experiencing what the bank describes as a ‘cost-of-living nightmare.’   Meanwhile, you may have noticed the price of your morning cup of coffee has gone up as small businesses raise prices in the wake of the RBA’s surcharge ban.    So what does the ban mean for businesses? And consumers?   Carrington Clarke and ABC Business Reporter Lin Lin 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 abcbusinessdaily@abc.net.au 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The surge in electric vehicle sales seems here to stay, as Australians look for alternatives to petrol-powered cars and the global energy crisis pushes prices at the bowser higher still.    But with fewer drivers paying the fuel excise, what does this mean for government revenue?    And what are the economics behind taxing vehicles on our roads?   Carrington Clarke and the e61 Institute's Amy Tramontozzi 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 abcbusinessdaily@abc.net.au 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 abcbusinessdaily@abc.net.au

It’s health-check day for the Australian financial system, with the release of the Financial Stability Review from the Reserve Bank.  And despite inflation still well above target, a fourth interest rate hike this year and the downturn in the property market, the RBA seems most concerned about what’s happening overseas. So why is the AI investment boom's increasingly opaque funding on the RBA’s radar - and what else are they watching? Carrington Clarke and ABC Finance Journalist Alicia Barry 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The Reserve Bank of Australia has raised rates, bringing the cash rate to the highest it’s been since 2011.  And even though this latest hike doesn’t come as a surprise, the sting will still be felt by borrowers throughout the country. So what does this mean for the Australian economy?  And how likely is a fifth rate hike before the end of the year? 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 abcbusinessdaily@abc.net.au 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Australia's migration debate is once again ramping up, with Labor planning to cut backpacker and student visa numbers amid calls from One Nation to slash immigration by 750, 000 places over three years. Beneath the political storm is a complicated history of changing economic and social policy governing who gets to come to — and who gets to stay in — Australia. Mark Cully is a former chief economist for the Department of Immigration, a former chair of the OECD Working Party on Migration, and the author of a new book: Waves of Plenty: Immigration and the Making of Australia. He sits down with Alan Kohler on That's Business to discuss the economics of migration, how we got here, and what we can learn from the immigration policies of the past. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

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 abcbusinessdaily@abc.net.au

New jobs data out today shows the unemployment rate has risen in Australia.  But is it enough to halt the RBA's expected interest rate hike? And an agent from Open AI has hacked into a Services Australia portal.  Could this damage big tech's reputation at a time when it's asking for government support to invest in Australia?  Carrington Clarke and ABC Finance Journalist Alicia Barry 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

What will Australia’s economy be like forty years from now? According to Treasury’s latest Intergenerational Report there will be about forty million of us. But will they be living better lives than the 28 million kicking around today? And could AI finally turn around Australia’s flagging productivity problem? Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. You can read Ian's piece on the Intergenerational Report here.  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 abcbusinessdaily@abc.net.au 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

For years governments and companies have been trying to figure out how to make more houses people can afford in Australia.  In other parts of the world, building homes in factories and then assembling them onsite is part of the solution — but it's never really taken off in Australia.  Now, construction firm Built has joined up with Bunnings' parent company Wesfarmers to create Built Living, a company making pre-cast concrete apartment parts ready to turn into affordable homes.  But are Australians willing to embrace the model? And what's the price impact, really? Built Living CEO Dale Connor joins Alan Kohler on That's Business to find out what it'll take to make pre-fab work in Australia, the lessons from overseas markets, and what the closure of housing developer Bathla means for the construction industry. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Thailand's massive car manufacturing industry has seen the country nicknamed the "Detroit of Asia". But China's electric vehicle boom is shaking up the Thai automotive sector, with Chinese brands dominating the EV market and local manufacturers pushing for tariffs to protects themselves as vehicle production falls.  Meanwhile in Australia, the economics of going electric are shifting again as oil prices come under renewed pressure and EV sales climb.  On ABC Business Daily, Carrington Clarke and ABC Business Reporter Lin Lin explain how consumer behaviour and government policy turned Thailand's car market upside down, and unpack what we can learn from it in Australia.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The people building the world’s most powerful AI systems are starting to warn that development may be moving too fast. Some want a slowdown and stronger safeguards. Others, including Donald Trump, are dismissing those warnings as a “hoax” that could hand China an advantage. But underneath the safety debate is a huge economic story too - billions in investment, rising debt and enormous expectations riding on the AI boom. Carrington Clarke and ABC Business Correspondent David Taylor unpack what’s driving the pushback, what it could mean for Australia, and why the US 10-year Treasury yield breaking above 5 per cent is another sign that global markets are feeling the pressure 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Brent crude is back above US$100 a barrel, with a second critical global energy choke-point now looking increasingly vulnerable. At the same time, Australia has its own problem to solve.  The Reserve Bank of Australia says inflation remains the country’s biggest economic concern - but some of the pressures pushing prices higher, including another jump in oil, are coming from forces Australian interest rates can’t control. So how dangerous is this latest oil spike - and are borrowers being asked to carry the cost of inflation they didn’t create? Carrington Clarke and ABC Business Editor Michael Janda break it all down on ABC Business Daily. Listen to our chat with Satyajit Das on if we're heading for a "Bondmageddon" here. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Donald Trump is rewriting the rules of global trade, using tariffs as political weapons and up-ending decades of economic orthodoxy. At the same time, trade routes themselves have become central to the war in Iran, with the Strait of Hormuz sitting at the heart of the conflict. So what does someone who has spent his career understanding the politics and economics of trade make of all this disruption? Former Australian trade negotiator and author of Why Politicians Lie About Trade, Dmitry Grozoubinski joins Alan Kohler on That’s Business with Alan Kohler to unpack Trump’s trade war, Mark Carney’s retaliation from Canada, and what the upheaval could mean for Australia and the global economy. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

Bathla Group has collapsed owing billions, with hundreds of projects caught up in the fallout. But when a developer that big goes under, the bigger question is what it tells us about the wider market. Was Bathla simply a company that grew too fast and took on too much debt - or is it a sign of deeper pressure across property and construction? In this special episode of ABC Business Daily, ABC Business reporter Lin Lin is joined by AMP Chief Economist Shane Oliver to unpack how higher interest rates, rising construction costs and the growth of private credit are reshaping the industry. Listen to our chat with Satyajit Das here. Read Lin Lin's reporting on Bathla Group here. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Nike has lost its edge. More than US$230 billion has been wiped from its market value since its 2021 peak, and its share price is now back around levels last seen more than a decade ago. For a brand that has dominated global sport for generations, that’s a remarkable fall. So what went wrong? Was it China, competition, brand dilution - or simply a business that stopped setting the pace? ABC Business reporters Lin Lin and Dan Ziffer unpack how Nike ended up being dropped from the top 100 companies on the US share market, and what its slide tells us about the risks facing even the biggest global brands, 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

One Nation wants Australians paying rent or a mortgage to take more of their superannuation home now - but what could that cost them later? The proposal has ignited a political fight, with One Nation Treasury spokesperson Barnaby Joyce arguing people should be trusted with their own money.  But behind the rhetoric are much bigger economic questions about retirement balances, inflation, interest rates and Australia’s $4.4 trillion super system. ABC Business Editor Michael Janda and ABC Business Correspondent David Taylor unpack what One Nation is actually proposing, what we learned from the COVID-era experiment with early super access - and whether the numbers behind this latest pitch stack up - on ABC Business Daily. Listen to Alan Kohler's conversation with AustralianSuper head Paul Schroder here. Listen to the political breakdown of One Nation's super plan on our sister podcast Politics Now here. Listen to our chat with Satyajit Das on if we're heading for a "Bondmageddon" here. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Satyajit Das thinks another major global financial crisis might be coming - and soon. He was warning about dangerous debt structures well before the 2008 Global Financial Crisis. Now, with inflation still sticky, interest rates elevated, debt piling up and huge amounts of money pouring into AI, he thinks the pressure is building again. But what breaks first? In this special episode of ABC Business Daily, former banker and financial commentator Satyajit Das joins ABC Business Editor Michael Janda to unpack the risk of “Bondmageddon”, whether the world has become too dependent on cheap money, and how the AI boom could become another fault line in the financial system. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

WiseTech Global is one of Australia's great technology success stories, running CargoWise, the operating system for global trade. But in recent years it's been engulfed in scandal amid grave allegations against founder and former CEO Richard White, which he strenuously denies. On top of that, the company's facing a changing tech and trade landscape thanks to AI. WiseTech's new(ish) CEO Zubin Appoo talks through how to pull a company out of a crisis, and debates whether artificial intelligence will change the game - just like the internet did for Alan's old newspaper jobs. Zubin Appoo, CEO of WiseTech and Alan Kohler unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

Australia’s biggest retailers have opened their books - and the numbers tell a pretty revealing story. Woolworths and Coles remain firmly in control, but the numbers show their strategies are shifting. Online sales are surging, shoppers are hunting around for value, Aldi’s growth has slowed, and smaller players are fighting over an increasingly narrow slice of the market. In this special episode of ABC Business Daily, Carrington Clarke is joined by Barrenjoey retail analyst Tom Kierath for a deep dive into what the latest results from Woolworths, Coles, Aldi and others are really telling us. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The world economy is being pulled in several directions at once. The war between the US and Iran has flared again, while fears are growing about what a wider escalation in Russia’s war on Ukraine could mean for energy, trade and global markets. In this special episode of ABC Business Daily, Carrington Clarke is joined by Madison Cartwright, a geopolitical and geo-economic analyst who’s now at Commonwealth Bank, to unpack what he is watching - and what it could mean for Australia. And amid all of that, there’s a fresh read on the Australian economy, with new GDP figures showing how growth is tracking and adding another piece to the puzzle ahead of the RBA’s next interest rate decision. Catch up on the political impacts of the GPD result on our sister podcast, Politics Now, here. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

"No one wants to catch a falling knife." Australia’s property market is shifting fast. Home values have now fallen for five months in a row, buyer activity is down, auction results are softening, and 93 per cent of capital city suburbs recorded price falls through winter. But falling prices do not mean the same thing for everyone. For some buyers, it could mean opportunity. For sellers and heavily indebted households, the pressure is building. Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily. Read David Taylor's analysis on the latest property data here. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

September is shaping up as a big month for interest rates. In the US, Kevin Warsh is talking tough on inflation, while here at home three of the big four banks now think the RBA could hike again - potentially as soon as next month. So are borrowers on both sides of the Pacific about to be slugged again? And what would that mean for an Australian property sector already under pressure, as the fallout from Bathla Group’s multi-billion-dollar collapse continues? 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

YouTube, TikTok and Instagram are full of "content creators", but very few turn it into a profitable business. Brisbane comedy duo, Marty and Michael, got their start doing silly stunts on Facebook. More than a decade later, they have nine staff and 13 million followers across social media platforms. They've worked with US "Jackass" comedians and built a brand from that same style of fearless comedy. Marty and Michael join Alan Kohler to discuss the highs and lows (and there have definitely been some lows) of building a comedy empire. They chat about building an audience, making money from content and the challenges of turning social media into a sustainable career. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

There’s been a dramatic shift in interest rate predictions among some of Australia’s biggest banks today with CBA joining ANZ in predicting we’ll get a hike in November. NAB says the RBA likely to act next month. So is more borrower pain all but certain to deal with Australia’s inflation problem?  And in the US, Meta has tried to minimise its pain by settling a massive court case avoiding the ignominy of their CEO being forced to take the stand, but is this the end of their legal woes?  Carrington Clarke and Alicia Barry 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au OR 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Fresh data out today shows prices are rising slower than they were earlier in the year, but still well above the Reserve Banks target. So does that mean the Reserve Bank might be forced to hike rates even further?  And Canada has loaded its tariff cannon to aim at its southern neighbour… will it light the fuse?  Carrington Clarke and Diana Mousina, Deputy Chief Economist at AMP 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au OR 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

US Treasury Secretary Scott Bessent has announced a series of measures which he says will cause the ‘economic asphyxiation’ of Iran, including going after other countries that do trade with the Middle East power. But with no end in sight to the ongoing global energy crisis, a wave of secondary food shortages are cresting on the horizon.   So how is this affecting the economics of Australian farming?  And how vulnerable are global food supplies? Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. You can read Ian's analysis on fuel and food shortages here.   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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Trade talks between the US and Canada broke down over the weekend, meaning a raft of Canadian products are now facing a higher tax slug.  Canadian Prime Minister Mark Carney says Canada will retaliate against the US “dollar for dollar.” And meanwhile the Australian dollar has been gaining value against the greenback for eight weeks in a row.  But is the Australian dollar really getting stronger? Or is the US dollar just getting weaker? 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

As a podiatrist, Anna Baird spent a lot of time thinking about feet. In 2008, she wanted to be able to recommend comfortable and fashionable shoes to her clients and when she couldn’t find ones she liked, she decided to make them herself. In this episode, Alan Kohler sits down with Anna Baird, founder and CEO of Bared Footwear, to unpack the story behind one of Australia’s most distinctive shoe businesses.  They discuss the highs and lows of building a business from scratch, the realities of scaling a retail brand, the importance of customer loyalty and how Baird’s podiatry background continues to influence every pair of shoes Bared makes. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

There’s been a stream of news out of the banking sector - from earnings results to plummeting home loan applications to AUSTRAC’s investigation into mortgage fraud.    So Carrington has called on Brian Johnson, Senior Banks Analyst at MST Financial, to unpack it all.    What to make of banks' AI uptake? And just how much does the banking sector spend on staffing costs?   Also why are Australian bank shares so expensive?    And what in the world is ''horse-o-nomics'?    You’ll have to listen to find out.   Carrington Clarke and Brian Johnson, Senior Banks Analyst at MST Financial 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Tech titan Meta, the parent company of Facebook, Instagram, and WhatsApp, is defending itself in US court against claims that it designed deliberatively addictive products aimed at children.  What’s at stake in this bellwether case? And what happens if Meta loses? And financial intelligence agency AUSTRAC has made hundreds of referrals to authorities in connection with an investigation that has uncovered what the regulator is calling 'coordinated mortgage fraud.’    So just how big a problem is it? And what happens next? Carrington Clarke and ABC Business Reporter Steph Chalmers 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The yield on thirty-year US Treasury bonds is the highest it’s been in nearly two decades.  So why are investors demanding a higher return in exchange for lending money to the US government? And why should Australians pay attention? And as Australian property prices fall, what can we learn from our commonwealth cousins - New Zealand and Canada - about the risks of a bursting property bubble? We also answer another listener question - this time about bankrupt businessman Jon Adgemis.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Host Carrington Clarke is back in the hosting chair to discuss the news that some of Australia’s gig workers now have a new safety net in place - with a new wage floor and insurance protections that come into effect today.  But how will this affect the hundreds of thousands of independent contractors across the country? And what will it mean for delivery costs? And national preliminary auction clearance rates are the highest they’ve been in months. Does this mean the property market is starting to strengthen? Or is the picture more complicated? And we answer a property-related listener question. 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

What if farmers could herd cattle with a swipe of their smartphone? Craig Piggott, founder and CEO of tech company Halter, has done just that - developing cattle collars that let farmers manage their herds via virtual fences.     Craig joins Alan to talk about growing up on a New Zealand farm, how the collars work, why company culture is so important to the startup, and after expansions to the US and Australia, which worldwide markets Halter has its sights set on next. And Alan asks whether Halter's collars can help stem generational attrition in farming families.  Craig Piggott, founder and CEO of Halter, joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

A more than two-billion-dollar bailout is on the way for Tomago, Australia’s largest aluminium smelter.  It’s a move that Prime Minister Anthony Albanese says will secure jobs and sovereign capability for the Australian economy. So what do we know about who will foot the bill? And what questions does this raise about the costs of decarbonisation? And what to make of earnings results from corporate heavyweights Telstra, Origin and Insurance Australia Group after outages, data leaks and accusations of price gouging.  Michael Janda and ABC Business Reporter Lin Lin 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Commonwealth Bank earnings are in – and in the billions – an increase from last year’s results that exceeds expectations for the banking behemoth.  But what to make of the dip in mortgage applications that CBA and other banks are reporting? And how are the banks, and the RBA, looking at persistently weak productivity in the Australian economy? Steph Chalmers and ABC Business Correspondent David Taylor 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

It’s official: the Reserve Bank has held the cash rate - a decision in line with most economists' expectations and the market pricing.  But how does this hold fit into the RBA's view of the wider economy? Is it a sigh of relief from the bank’s board members? Or are they watching risks and wondering about raising rates again? Michael Janda 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The RBA’s interest rate setting board kicks off its meeting today, to decide which way rates will go. What’s behind the widely held expectations that the central bank will hold rates steady when it announces its decision tomorrow? And oil prices continue to fluctuate as uncertainty persists in the Strait of Hormuz. But what explains the gap between the price of Brent crude and petrol prices throughout the world?   And what could millions of Australians be missing about their super funds? Steph Chalmers and ABC Business Reporter Lin Lin break it all down on ABC Business Daily. You can check out Nassim Khadem’s piece on superannuation here.  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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Alan Joyce spent two decades working for Qantas including fifteen years as CEO. He was one of Australia's most influential CEOs and had a pay packet to match. By the time he left the airline, Qantas had suffered huge reputation damage, thanks to job losses and the “ghost flights” controversy which infuriated many Australians during COVID.  In this conversation on That's Business with Alan Kohler, Alan Joyce reflects on his  time at the helm of Australia's national carrier. From navigating the global financial crisis and the COVID-19 pandemic to confronting intense public scrutiny, Joyce discusses the decisions that shaped Qantas and the lessons he's taken from them. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au   GUEST joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

Some of Australia's leading economic and financial commentators have had their X accounts hacked with the hacker then using their accounts to post about apparent crypto investment riches. Meanwhile Australian silicon company Simcoa is leaving the US critical minerals market after being slapped with a massive tariff by the Trump administration.  Who else has landed in America’s customs cross hairs? And where does that leave the multi billion dollar critical minerals deal between Australia and the US? And analysts are becoming increasingly worried about tech investor confidence with the credit default swap market reaching record highs.    So what is a credit default swap? And what’s the deal with this debt financing? Michael Janda and ABC Business Correspondent David Taylor break it all down on ABC Business Daily. You can check out David Taylor’s piece on the credit default swap market here. 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Space X is making headlines this morning with its first earnings report since the tech titan went public in June.  So what to make of its astronomical revenue growth? And what is still pulling its share price back to earth? Meanwhile hundreds of ASX-listed companies are getting ready to report over the coming weeks and analysts are concerned about an earnings momentum slow-down.  Could profits even be going backwards for many big companies? And have Australia’s pubs been emptying as the price of beer continues to froth to world-beating levels?  What would happen if we scrapped the ‘beer tax’? Michael Janda and ABC Business Reporter Emilia Terzon break it all down on ABC Business Daily. You can read Gareth Hutchens piece on the beer excise here.  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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

It's been a wild couple of weeks for South Korean shares with the stock market collapsing and wiping hundreds of billions of dollars off the value of Seoul's Kospi. The major market index has since recovered a little, but it has big questions about the global tech boom.   And the downfall of a high-profile hospitality property group owned by entrepreneur Jon Adgemis is shedding some light onto how private credits firms work in the economy.   Steph Chalmers 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

With the fuel excise cut officially over are petrol prices about to skyrocket at the bowser?   And fresh housing data shows that the property price slump seems to be spreading.    Is Australia’s property market headed for a correction?   And what might this mean for the RBA – just a week away from its decision to hike or hold rates?   Steph Chalmers and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. You can check out the ABC’s Fuel Tracker that Steph mentions, here. 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

When Scott Mendelsohn started selling coconut water out of the boot of his girlfriend's car, hardly anyone knew what it was. But over the past decade interest in coconut water has grown rapidly and his business, Raw C, now turns over $100 million a year.  Mendelsohn joins Alan to talk about the global appeal of coconut water, working with suppliers in Asia, navigating Australia’s supermarket duopoly, and the brand’s new deal to sell in Target stores across the US. And since Scott still owns 100 per cent of the company, Alan asks if going public is on Raw C’s horizon? So have we reached peak coconut? Or is there still no sign of stopping?   Scott Mendelsohn, CEO of Raw C joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

Artificial intelligence isn’t going away. And the race for dominance isn’t over.   But a new generation of AI models from China is putting fresh pressure on Silicon-Valley AI behemoths and raising questions about access, user experience, and price.   So how could cheaper AI shake up big tech business models? And how are economics affecting AI rollout in Australian businesses? Our hosts also weigh in on Open AI’s rogue agents and AI hallucinations in reports from consulting firm PwC. Daniel Ziffer and ABC Business Reporter Lin Lin 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Offset accounts promise savings perks to mortgage borrowers across the country by lowering interest payments. But financial regulator ASIC says that many offset account owners have been paying more interest than they should.   So how have banks responded to the issue? And how does this affect trust in the banking sector?   And with today’s fresh inflation figures showing an easing of inflation, does this mean that the RBA’s rate hikes have been working?   We also follow up on a listener question about interest rate increases and inflation. Daniel Ziffer and ABC Business Reporter Steph Chalmers 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

After more than two decades of plummeting oil production in Australia, is the country about to get a new refinery?   As Treasury warns that petrol prices will climb further if the war in Iran continues, the federal government is backing a pre-feasibility study for what would be the first refinery built on Australian soil since the 1960s.  So will upping sovereign refining capacity shield Australians from energy market shocks? And is it economically wise in the long run? Meanwhile - as much of the world transitions to electric vehicle use, China has gained manufacturing dominance as the producer of the vast bulk of them.  Where does this position the industrial superpower in its trade war with the US? Daniel Ziffer 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

After an oil spike on Friday, the price of Brent crude has fallen - again - as this sort of energy volatility continues to shape the global economy.  As we wait for the latest Consumer Price Index data from the Australian Bureau of Statistics on Wednesday, what knock-on effects of economic fickleness are already evident in the retail sector? And as central banks begin to meet around the world this week, how will they calculate the price of this unpredictability as they make the call on monetary policy? Daniel Ziffer 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

It’s been a busy year for Australia’s consumer and competition regulator. The ACCC has made headlines, taking supermarket giant Coles to court over misleading discount pricing - and winning. A similar court case involving Woolworths pricing schemes is ongoing.  But beyond the high-profile legal cases - the ACCC stays busy - carefully considering nearly every corner of the Australian economy.  Gina Cass-Gottlieb has been Chair of the Australian Competition and Consumer Commission since 2022. She joins Alan to talk about everything from petrol price cycles to digital platform competition. They also cover merger frameworks, mistakes from history, and just why it is that Australia seems to have two of everything. Cass-Gottlieb gives a window into how the ACCC understands its role in the economy - as challenger of oligopoly and or protector of consumers. And reveals how complaints from Australian consumers, sometimes even a single one, steer the regulator’s investigations.  ACCC Chair Gina Cass-Gottlieb joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

We know Donald Trump loves a tariff. And according to his administration, a slew of new ones are set to hit 60 countries this afternoon.  Australia is on the list - with a 12.5 per cent tariff that will be imposed on Australian exports to the US.  So what exactly are the grounds for these new duties? And what will be the impact?  And how does Australia’s tariff square with those imposed on other countries? Meanwhile, Brent Crude has hit $100 US dollars a barrel for the first time since May. What does this mean for petrol prices here at home? And the news really never does sleep: key tech stocks tanked on the US market overnight. With such a lot of economic news about this morning, the ABC Business Daily team is here with a special bonus episode. Daniel Ziffer and ABC News 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Fresh employment data just released from the Australian Bureau of Statistics, shows the unemployment rate has held steady in line with economists’ expectations.  What do these numbers mean for the RBA’s interest rate decision next month? And some Australian small businesses have been surprised to get reimbursements from the US government for money collected from the so-called liberation-day tariffs.  But according to Trump administration officials, the US continues to face a ‘national emergency’ in trade matters, and another round of tariffs is on the way.  So who – and what – could be back on America’s levy-list? Daniel Ziffer and ABC Business Reporter Emilia Terzon break it all down on ABC Business Daily. You can read Emilia's reporting on the businesses clawing back cash from US Customs here.   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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

A brand-new bulletin from the Reserve Bank is out today, capturing how Australians experience and understand the economy.  And while public awareness for the RBA is high, survey results seem to suggest that people don’t have a great handle on how inflation is affected by interest rates.  So what problem does this present for the RBA – whose one blunt tool is to toggle rates? And a new set of draft recommendations from the ASX’s Advisory Group on Corporate Governance raises the question: can diversity targets influence a company’s economic outcome?  Daniel Ziffer and ABC Business Reporter Steph Chalmers 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

A new AI model from Chinese startup Moonshot has put pressure on Silicon Valley-backed tech titans. Meanwhile markets have taken notice, with downturns on the South Korean KOSPI.  Could these sorts of tech moves in China, drag the highly valued Space X, Nasdaq and more - back down to earth? And here in Australia, where the national property conversation carries on, could a lack of housing supply be keeping downsizers from finding new homes? Might stamp duty be part of the problem? Daniel Ziffer 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.   Daniel Ziffer and GUEST 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Financial regulator ASIC has raised concerns that a private credit crunch could be on the horizon, putting Australians on alert about superannuation and property investment in funds with little or no disclosure obligations.   Meanwhile ASIC has raked in hundreds of millions in fines - more than four times the previous year’s take, with a new stance on enforcement paying dividends.  And consulting firm KPMG has issued fines of its own - to partners and staff involved in its audit scandal.  Lastly, new data from real estate group Ray White suggests people are staying home and skipping out searching for a new one.  What does a drop in open home attendance tell us about the property market? Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. You can read David Taylor's piece on ASIC's private credit warning here.  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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Artificial intelligence is moving fast. Can the Australian government keep up?  Prime Minister Anthony Albanese’s much-anticipated speech at Sydney University this week detailed what he says makes Australia uniquely attractive to AI investment and outlined the need for a national framework to take advantage of the opportunities AI affords, while ensuring standards and safeguards are put in place.  Meanwhile, a group of international economists and tech leaders released an open letter, ‘We Must Act Now,’ warning that advanced AI could shake-up the economy more than the Industrial Revolution - and over a much shorter timeframe.  Treasurer Jim Chalmers returns to That’s Business to dig into what the government is proposing with AI, as well as other pressing questions about the Australian economy. Alan gets the Treasurer’s take on AI safety and sovereignty, the responsibilities of data centres, and the issue of copyright and creatives - who gets paid, and how? Alan also asks the Treasurer about his meeting with Anthropic CEO, Dario Amodei, who visited Australia earlier this year.  Then there’s a bit of other stuff to catch up on as well: tax, housing, migration, and the ever-present issue of productivity. As the Treasurer prepares to publish the intergenerational report (IGR) later this year, how will this once-in-a-generation technology of artificial intelligence change Australian lives? Federal Treasurer Dr. Jim Chalmers joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

SpaceX’s share price has slipped after making IPO-history last month and turning founder and CEO Elon Musk into a trillionaire.  So how has the market reacted? And what does this mean for the other tech giants in line to go public? Meanwhile workers at mining behemoth BHP are planning industrial action today - at one of Australia’s huge iron-ore export hubs.  What does this tell us about labour negotiations in the Pilbara?   And what’s the latest on Telstra and communication regulator ACMA - both set to appear before an ongoing Senate inquiry tomorrow? Daniel Ziffer and ABC Finance Reporter Alicia Barry break it all down on ABC Business Daily. You can read Dan's latest reporting on Telstra here.  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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Prime Minister Anthony Albanese has told Australians that it is not a matter of if - or even when -  artificial intelligence will transform the economy. Instead, the question is how that change will happen.  Meanwhile nearly 200 international economists and tech leaders have signed a statement urging policy makers to take AI’s impending economic impacts seriously.  So how might the government’s new AI framework allow Australia to be more than a ‘data warehouse’? And according to the Australian Council of Superannuation Investors’ annual study, the average ASX-100 CEO earned over fifty times more than the average full-time wage during the last financial year.  But what does it mean for the Australian economy if half of the highest earners in ASX-listed companies are based overseas? Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. You check out the articles from Alan Kohler and Nassim Khadem mentioned on today's pod.   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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it. 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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The price of crude oil has spiked, again. And US President Donald Trump has posted on social media, saying the US will charge a 20 per cent fee on cargo travelling through the contested Strait of Hormuz. But why is the price of oil still not as high as many would expect? And what economic costs remain behind a ceasefire that appears to have effectively collapsed? Meanwhile, we continue the conversation on economic productivity, looking at another cornerstone of the Australian economy: property. So how does the value of Australian housing compare to the size of the economy? And what has the Australian property market done to productivity?  Daniel Ziffer and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. Check out Ian's recent articles on the global energy crisis and the effect of property on productivity.  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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The interaction between pay and productivity has driven some of Australia’s biggest economic and policy debates in recent decades. New research from the Centre for Policy Development suggests that the typical worker’s wages are not keeping pace with productivity growth. And moreover, it's been this way for three decades.    So why does productivity matter? And what larger questions does this research raise about how we set wages and harness technology here in Australia? Daniel Ziffer and ABC Business and Economics Reporter Gareth Hutchens break it all down on ABC Business Daily. You can check out Gareth's piece on the pay and productivity research here.  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 the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Justin Wolfers has spent 25 years in the United States watching the world’s biggest economy from close range - and from the useful distance of an Australian accent that still cuts through the absurdity. A former Reserve Bank economist and now Professor of Economics and Public Policy at the University of Michigan, Wolfers has become one of America’s sharpest economic communicators. He joins Alan Kohler to talk about the health of the US economy, the chaos of Trump-era policymaking, the folly of tariffs, the importance of immigration, and why the decisions made in Washington still ripple all the way to Australia. They also get into housing, climate change, AI, and the Federal Reserve under Kevin Warsh. And because this is America in 2026, Alan also asks the obvious question: did Justin Wolfers make the Taylor Swift-Travis Kelce wedding guest list? And what does the whole spectacle say about celebrity, wealth and power in modern America? Justin Wolfers and Alan Kohler unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

Telstra’s outage has caused dismay and anger across the country. And as problems continue into a second day, questions are being asked about whether further regulations are needed.  So what are the business costs of this chaos? And what could the impact be for Telstra’s bottom line? And the latest rental data confirms a troubling tale for those looking for somewhere to live. While the property conversation in Australia so often focuses on those looking to buy homes, what do the numbers tell us about those who aren't in that position? Carrington Clarke and ABC Business Reporter Daniel Ziffer 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The Telstra outage has caused disruption across the country - and highlighted just how dependent businesses and households have become on systems that are meant to work, seamlessly and constantly. At the same time, AI is spreading fast through workplaces and the economy, promising productivity gains while raising harder questions about reliability, regulation, and the future of jobs.  Carrington Clarke is joined by ABC National AI and Technology Reporter Cam Wilson, live from a Sydney forum on whether Australia has the right settings in place, to unpack what he is hearing. You can read Cam's latest piece on AI and the job market here.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

A multi-billion-dollar broadcast deal is in the works for the NRL - and if it goes through (as it's expected to), it would become the biggest media rights deal in Australian history. So what does the sheer amount of money on the table say about the state of Australia’s media industry? And with Nine, Foxtel and Stan all in the mix, who is actually going to foot the bill? Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. You can check out Ian's piece on the NRL here.  Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

With the financial year officially over, it's time to take stock of the Australian stock exchange, which saw a record number of Exchange Traded Funds added to its board last year. So what explains this spike in ETFs on the ASX? And who is actually utilising them? And while the value of Australian stocks did increase last financial year, the ASX lags far behind the gains of other global indexes.   What's behind the growth overseas? And what explains the gap? Carrington Clarke and ABC Business Correspondent David Taylor break it all down on ABC Business Daily. Hear today's episode of fuelcast - our last one, at least for now - here!  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

With the 50 per cent fuel excise cut now over, it's a good time to take stock of where the energy crisis stands - from the price of Brent crude, to the still-fragile movement of ships through the Strait of Hormuz. So how do things now compare with where they were before the US and Israel attacked Iran on 28 February? Has the disruption in Hormuz permanently reshaped other critical shipping routes around the world? And how should we think about energy security from here? Carrington Clarke and Alan Kohler help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily. Fuelcast is taking a pause for now - but we will keep tracking the economic fallout from the war between the US, Israel and Iran on ABC Business Daily, in the same feed where Fuelcast lives - hit like and follow so you never miss an episode. Got a burning brent crude question? Send an email to Carrington and the team abcbusinessdaily@abc.net.au

The war between Iran, the US and Israel has forced the world to confront just how fragile energy supply still is. Even with a memorandum of understanding now in place, the Strait of Hormuz remains a live fault line - and the shock has again exposed how quickly fuel security can become an economic and political question. Matt Halliday runs Ampol, one of Australia’s biggest fuel retailers and the owner of the Lytton refinery in Brisbane. He joins Alan Kohler to talk about what the conflict exposed about Australia’s fuel vulnerabilities, how Ampol managed through the disruption, and why refining, storage and supply have once again become strategic questions - not just commercial ones. It is also a conversation about the transition already under way - electric vehicles, public charging, low-carbon fuels, and how a company built around petrol and diesel plans for a market that is slowly, unevenly, starting to shift. And yes - Alan also asks the obvious question: does the chief executive of Ampol see an electric car in his own future? Ampol chief executive Matt Halliday joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

We've heard a lot about negative gearing and investment properties recently, so if you own property, what will the changes mean for you? In this episode Carrington Clarke and Emily Stewart get into the nitty-gritty of the new rules for investment properties: from indexation to negative gearing, grandfathering to offsetting. Listen in to hear what these changes mean for new build dwellings or the home you've had in the family for years.   Be sure to check out Emily's ABC Newsletter, Your Money Explained.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Fresh financial disclosure documents gave the world a window into just how much money United States president Donald Trump has made during his first year back in the White House. And the numbers might shock you. Is it right for a leader to be making such serious cash while in office - particularly when some of those riches came from Trump's controversial meme coin, despite a lot of private investors coming up short in the same deal? And with the president's investments paying off - where does this leave those in Australia and around the world who might be thinking of investing in crypto and other options, like gold? Carrington Clarke and ABC Business Reporter Lin Lin break it all down on ABC Business Daily. Be sure to catch today's tax-time bonus episode, all about tax changes for shares, here! 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Do you own shares or ETFs? The proposed CGT changes could affect your investments. In this episode Carrington Clarke and Emily Stewart explain CGT tax changes in store for Australians who own EFTs and direct shares. Listen in to hear how the system used to work, how the new system is set up, and when the switchover will go into effect.  Be sure to check out Emily's ABC Newsletter, Your Money Explained.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The monthly property data we've been waiting for is here. And the numbers tell us that national property prices are, in fact, falling.  Meanwhile, rents are rising at an extraordinary clip - what part does this play in the affordability picture? And in the wake of a wave of scandals at the big four consulting firms, the government has proposed potential regulations to respond to an industry occupied by only a few big players. So what sorts of things could change? Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily. Be sure to catch today's tax-time bonus episode - on the new $1,000 tax deduction - here!  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

You might have heard about the new $1,000 tax deduction for work-related expenses... but how will it actually work? In this episode of Tax Week with ABC Business Daily, Carrington Clarke and Emily Stewart unpack everything you need to know about the new $1,000 dollar work-related tax deduction: what it is, what it isn't, and who it makes sense for.  Be sure to check out Emily's ABC Newsletter, Your Money Explained.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Tech titans are spending trillions of dollars as they compete to be crowned winner of the ongoing artificial intelligence race.   But this raises a fundamental economic question: is the expenditure actually going to be worth the prize? And will there be anything left over for those who come runner up?   You can read Ian's AI analysis here.   Be sure to catch our bonus tax-week episode here - a what-you-need-to-know before the financial year ticks over tonight!  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Not sure what to do with all those tax receipts? How will the new $1000 tax deduction actually work? And what about changes to negative gearing and the CGT discount?  Welcome to Tax Week with ABC Business Daily, a special bonus series hosted by Carrington Clarke and ABC finance reporter Emily Stewart, aka ‘Sensible Emily’, editor of the Your Money Explained newsletter.   In this episode Carrington Clarke and Emily Stewart cover what to do before the financial year ticks over tonight, what to know about work-related purchases, and the low-down on super top-ups and concessional contributions.  Be sure to check out Emily's ABC Newsletter, Your Money Explained.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

American drivers will have one less electric vehicle maker to choose from, with the news that EV company Polestar has been banned from selling in the US. So why is the Swedish brand seemingly paying the price for its Chinese tech? And what questions does this raise for a booming Australian EV market - packed with Chinese cars?   Meanwhile here at home, a long-time-coming piece of legislation that takes aim at money laundering will introduce added requirements for those working in the property and related industries. How do these new laws interact with an Australian property market that is currently cooling across much of the country? Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. You can listen to today's episode of Fuelcast here.  And you can read Daniel Ziffer's piece on new anti-money laundering laws here.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The US struck Iran over the weekend following Iran’s drone attack on a cargo ship in the Strait of Hormuz late last week. Ebrahim Azizi, head of the Iranian parliament’s national security commission, responded to US President Donald Trump on social media saying, “the Strait of Hormuz is governed by Iran, so: Respect the rules” and do “not mistake control for escalation.” Iran is effectively controlling the Strait of Hormuz by targeting shipping insurance viability, pressuring vessels to seek approval from its newly established Persian Gulf Strait Authority (PGSA). Does this mark a global shift in terms of how passage through the Strait is governed? What will the next move be from the US?  Carrington Clarke and Alan Kohler help you keep on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily. Read Alan's latest analysis here. Got a burning brent crude question? Send an email to Carrington and the team abcbusinessdaily@abc.net.au

4DMedical has become one of the most closely watched healthcare companies on the ASX this year, as investors and hospitals alike pay attention to an Australian technology company trying to change how lung disease is detected and treated. Andreas Fouras is the mechanical engineer behind it. He took technology originally developed to study airflow in wind tunnels and adapted it to measure airflow and blood flow inside the human body. Two decades later, 4DMedical is selling into some of America’s biggest hospitals, showing how Australian medical imaging technology can find a much bigger market offshore. Alan Kohler speaks to Fouras about how the technology works, why US hospitals are paying up for it, the long road from research idea to commercial product, and the complexities of getting homegrown health technology into Australian hospitals. Then there is the question of cost - and the ethics around big profit margins in a medical setting. And what does Fouras make of the new capital gains tax rules for startups trying to build the next wave of Australian growth? CEO of 4DMedical Andreas Fouras joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au

It's been a big week for economic data - with fresh jobs numbers in from the ABS, showing that employment increased in May. But how do these numbers relate to the bigger economic picture in light of yesterday’s CPI data and the RBA's July decision? And while the data says that some Aussies are starting jobs, another media shake-up appears to be brewing. What do you need to know about media reports that Today host Karl Stefanovic is expected to leave Channel Nine? Meanwhile APRA has issued an AI warning to Australia's financial institutions. What's behind the regulator's message to 'fight fire with fire?' Carrington Clarke and ABC Finance journalist Alicia Barry break it all down on ABC Business Daily. Tune into the Business, weeknights on ABC iview.   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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

The latest CPI numbers showed headline inflation easing thanks in part to falls in fuel prices. But the trimmed  figure - which helps to measure underlying inflation came in hotter than the previous month. So where does this leave the RBA on the question of  'where to next' on interest rates? Meanwhile - there’s been a budget deal with Labor and the Greens. What do you need to know about it?  And why are some Australians noticing a spike in their electricity bills? Be sure you're keeping up with the latest breaking business and economics news on the ABC Live Business Blog.   Carrington Clarke and ABC Business Reporter Steph Chalmers 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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Today brings tales of Australian business turmoil.  After criticism and pressure, more heads are rolling at KPMG, while one-time tech darling, WiseTech Global, saw its share price pummelled yesterday - hitting a 5 year low following reporting surrounding founder Richard White. And while this unfolds at home - is SpaceX shaking up business as usual on the stock market internationally? Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. You can read Ian's article on SpaceX here.  And listen to our sister podcast Politics Now, unpacking the Greens' support of Labor's capital gains tax and negative gearing changes, here.  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 abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Fresh data from Cotality shows that property sales continue to slow with a drop in auction clearance rates while the rental market remains hot. Meanwhile a new report into Australia’s tax system says young people are carrying more than their fair share of the load. And did Friday’s senate inquiry into KPMG mark a major milestone in holding the professional services firm to account?  Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. Check out Gareth Hutchens' piece about the tax system report here.   Listen to today's episode of Fuelcast here.  Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

The fighting may have eased, but the picture in the Strait of Hormuz is still murky - with conflicting claims about whether oil is really moving through one of the world’s most critical shipping routes. At the same time, the federal government has extended the fuel excise cut, but at a smaller discount. So what does that say about fuel security, petrol prices, and how worried Canberra still is? Carrington Clarke and Alan Kohler help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily. Got a burning brent crude question? Send an email to Carrington and the team abcbusinessdaily@abc.net.au

Voice AI is one of the clearest fronts in the fight over what artificial intelligence will actually do to human work. Not in theory, and not eventually - but right now, in one of the most routine, repetitive and heavily staffed parts of the economy: the call centre. Will Bodewes is the Melbourne graduate behind Phonely.ai, a now San Francisco-based startup building voice agents for businesses that want phones answered instantly, cheaply, and at scale. He joins Alan Kohler to talk about what that means for the millions of people who currently do that work, how much of this is really about productivity versus replacement, and why the pitch to business is as blunt as it sounds - lower costs, no wait times, and fewer missed opportunities. But this interview does something extra too. Alan actually talks to the AI itself - testing what it sounds like, how natural it feels, where it stumbles, and what that reveals about both the promise and the limits of the technology. They also get into the bigger questions: whether customers should always be told they are speaking to a machine, how close voice AI is to sounding fully human, the risks of scams and fraud, and whether tools like this are making life easier - or just quietly automating more people out of a job. Will Bodewes, founder of Phonely.ai joins Alan Kohler to unpack it all on That's Business with Alan Kohler. Got a burning business question? Send a short voice recording to the ABC Business Daily team at abcbusinessdaily@abc.net.au