ABC Business Daily

Big tech goes public 02.06.2026 27m

There’s a race happening on Wall Street, as AI giants rush to go public and collect the prize of passive funds. Anthropic has made the latest move to file on the heels of SpaceX, which is already set to stage the largest public offering in stock market history. And a huge uptake in home batteries here in Australia is reshaping the power industry. Could battery-generated power help the nation to combat inflation? Carrington Clarke and ABC Chief Business Correspondent Ian Verender break it all down on ABC Business Daily. You can find Ian's article all about battery power in Australia here. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

Why property is flatlining 01.06.2026 26m

National property price rises have stalled, according to recent data, as three successive rate hikes and planned property tax changes seem to dramatically shift the market. So where does the Australian property market go from here? And as the Australian Bureau of statistics prepares to release GDP data later this week, there’s a larger conversation going on about what GDP measures - and what it doesn’t. 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 check out the 'Housing Hostages' series that Michael mentions from our friends over at ABC News Daily. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

Fuelcast: What is the shelf-life of oil? 01.06.2026 7m

Fears are growing that global oil supplies are approaching “minimal operational limits” – the amount of oil needed to keep pipelines and storage facilities stocked and safely running. So what is the difference between minimum oil requirements, and the oil that’s available to go to market? And we answer a fuel storage question from listener Serghei in Canberra. 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

Anthropic's Peter McCrory on Claude and the big AI disruption 29.05.2026 33m

Artificial intelligence is no longer just a Silicon Valley fascination, a share market story, or something happening off in the distance. It is becoming a force that could reshape work, productivity, innovation, and the way whole economies function - and one of the companies at the centre of that shift is Anthropic, the maker of Claude. Peter McCrory is Anthropic’s chief economist. His job is to make sense of how this technology is being used by, and its impact on, workers, firms, and the economy right now. At the same time, his boss, Anthropic CEO Dario Amodei, has become one of the loudest and most alarming voices in AI - warning that half of white-collar jobs could disappear within five years, and that the risks are far bigger than most governments or businesses are treating them. Alan puts that tension directly to McCrory: where he falls between the company’s warnings, the real-world data, and the possibility of AI becoming not just another tool, but a machine for accelerating innovation itself. Peter McCrory 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

Who really is investing in property? 28.05.2026 17m

Fresh analysis from the Reserve Bank, released today, paints the clearest picture yet of Australian housing investors. So who exactly are they? And what does this detailed demographic data tell us about the property market’s winners and losers? And liquor giant Endeavour Group has announced that it's exiting its vineyards and wineries portfolio. What does the future of one of Australia’s largest pub and bottle shop owners look like, in a world where people are drinking less? And have we reached “peak wine”? Michael Janda and ABC Finance Reporter Alicia Barry break it all down on ABC Business Daily. You can check out Gareth Hutchen's reporting on the RBA's property research here. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

The inflation figure, explained 27.05.2026 15m

Data from the Australian Bureau of Statistics released today shows that the Consumer Price Index fell in April, thanks in large part to easing fuel costs. But underlying inflation remains stubbornly elevated. So what should we make of these numbers? How might they shape the RBA’s moves on next month’s rates decision - and is this a good or bad sign of the health of our economy? Daniel Ziffer and ABC Business Reporter Nassim Khadem break it all down on ABC Business Daily. In case you missed it, catch 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

Fuelcast: Gas plans on (and off) the table 27.05.2026 9m

One of the big stories out of Canberra this week is the government’s draft discussion paper on a domestic gas reservation policy. So is it a realistic plan? Does the government have political support from the Opposition - and public support too - as calls for a gas tax grow louder in some parts of the country? And what would it actually cost, and mean, for the flow of gas to households and businesses? Daniel Ziffer and Tom Crowley 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

Economists cut through the budget noise 26.05.2026 22m

As the dust settles on the government’s big federal budget announcement, questions still remain about how and when changes will take place. But what do some of Australia’s leading economists think of the proposed policies a fortnight later? And power prices are set to fall for many customers with even bigger drops for businesses. So what’s driving the relief, and how will this set the stage for tomorrow's latest inflation figures? Daniel Ziffer and ABC Business and Economics Reporter Gareth Hutchens break it all down on ABC Business Daily. You can read more about what economists are saying in Gareth's article here. And have a look at Daniel Mercer and Fran Rimorod's piece on power prices here. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

Economically stuck? It's not just you 25.05.2026 23m

New economic data suggests people across Australia are staying put--forgoing job changes, new businesses, and interstate moves. So what’s keeping people feeling stuck? And what bigger costs might this have for the Australian economy? Meanwhile, according to a Commonwealth bank commodity report, Chinese steel output has dipped while US output is undergoing something of a resurgence. What do these global trends mean for Australia's iron ore exports? Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. Listen to today's episode of Fuelcast here. And you can check out Dan's article on Australia's 'stuck' economics here. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

Fuelcast: A Strait deal, or no deal? 25.05.2026 6m

US officials say the country is close to reaching potential peace deal with Iran - which would include the opening of the Strait of Hormuz. But, as before, the specifics (and certainty) are still up in the air. So is how is the global energy market reacting? Daniel Ziffer and Alan Kohler help you keep 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 Dan and the team abcbusinessdaily@abc.net.au

Susan Lloyd-Hurwitz on Australia’s housing reckoning 22.05.2026 28m

Housing is suddenly one of the biggest fights in Australian politics. After years of timidity, both the government and opposition are now throwing punches on tax, migration, infrastructure, and supply in what could become a genuinely consequential moment for how Australia deals with housing. Susan Lloyd-Hurwitz chairs the National Housing Supply and Affordability Council, the body tracking whether Australia is getting anywhere near fixing the problem. She also spent a decade running Mirvac, one of the country’s biggest property developers, so she knows both the policy machinery and the commercial reality of trying to get homes built. She joins Alan Kohler to talk about why the 1.2 million homes target is “suitably ambitious” but already off track, why demand-side policies can be “seductive”, and why the real grind still comes back to supply. They also get into the bigger structural mess - tax breaks, planning, productivity, modular construction, build-to-rent, homelessness, and whether Australia is dealing with a crisis that can still be fixed, or one it is about to normalise. Susan Lloyd-Hurwitz 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

Notable numbers for employment and Nvidia 21.05.2026 15m

Today we're covering a handful of fresh figures that have just come in. What do the latest employment numbers tell us about the state of the Australian economy? And what to make of tech giant Nvidia’s quarterly results that have surpassed Wall Street’s expectations? And with Joe Longo’s last day as Chairman of the Australian Securities and Investment Commission, where do things stand with the superannuation scandal that coloured his tenure at the regulator? Daniel Ziffer and Nassim Khadem break it all down on ABC Business Daily. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

The bond market sell-off frenzy 20.05.2026 15m

Major sell-offs are rippling across global bond markets as fears of rising inflation mount. So why is the global bond market behaving this way? And what does this mean for the Australian economy? Plus, fresh data from the Grattan Institute suggests that Australia is wasting billions of dollars on unused parking spots. What’s going on with capital city car parks? Daniel Ziffer and Lin Lin break it all down on ABC Business Daily. Listen to today's episode of Fuelcast here. Check out David Taylor's piece on the RBA's inflation concerns and Kenji Sato's piece on the Grattan Institute's car park data. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

Fuelcast: Why is diesel dearer? 20.05.2026 6m

Why is diesel still more expensive than petrol? And where exactly is the Fuel Tsar while the energy crisis rolls on? Dan Ziffer and Tom Crowley take on your questions - from the politics of fuel prices to the economics behind them - and help make sense of what’s happening, who is responsible, and what matters most right now on Fuelcast on ABC Business Daily. Listen to Carrington Clarke and Alan Kohler answer your questions in last Friday's Fuelcast here. Got a burning brent crude question? Send an email to Dan Ziffer and the team: abcbusinessdaily@abc.net.au

A small business revolt on CGT 19.05.2026 17m

AI-generated Anthony Albanese memes. Startup founders in revolt. And a growing fight over whether the government’s capital gains tax changes will hurt the very businesses it says it wants to support. The Treasurer Jim Chalmers insists there is plenty of misinformation flying around. But with Australia’s startup sector now worth hundreds of billions of dollars, the stakes are real. So what is changing, who gets hit, and who might actually come out ahead? Plus, the verdict on a major court battle between Elon Musk vs OpenAI. Daniel Ziffer and Stephanie Chalmers break it all down on ABC Business Daily. Got a burning business question? Send a short voice recording to Dan and the team at abcbusinessdaily@abc.net.au

Economists are divided about the housing market 18.05.2026 21m

It hasn't even been a week since Treasurer Jim Chalmers unveiled the 2026 federal budget, but the conversation around property doesn't seem to show any sign of slowing soon. Even economists remain divided about what impact the federal budget's tax changes will have on the Australian housing market. So what are the economists saying? And where’s the disagreement? And with the war between the US and Iran having no end in sight, what are the wider economic ramifications, outside of the supply of oil around the world? Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. Listen to today's episode of Fuelcast here. Got a burning business question? Send a short voice recording to the team at abcbusinessdaily@abc.net.au

Fuelcast: A check in on global fuel supply 18.05.2026 6m

There is still no obvious end in sight to the closure of the Strait of Hormuz, and G7 finance ministers are meeting this week to discuss the economic fallout, particularly for Europe. So it’s time for a check-in: what is the state of global fuel supply, with the conflict still unresolved? And as Alan Kohler reflects, Prime Minister Anthony Albanese can keep flying around the world to secure more fuel for Australia - but what happens when other countries have less and less to spare? Daniel Ziffer and Alan Kohler help you keep 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

Hugh Marks on the ABC’s next act 15.05.2026 41m

Commercial television is under pressure, newspapers have had to reinvent themselves, audiences are splintering across platforms, and the algorithms are doing their best to turn everyone into a partisan. Into that comes Hugh Marks - a career commercial media executive, former Nine boss, and now the man running the ABC. He joins to talk about the future of traditional media, whether commercial TV can still make money in a world of apps, short-form video and shrinking ad pools, and why he thinks the ABC’s great advantage is that it can be “agnostic” about where audiences find its content - even as staff are stretched across far more platforms than before. There are reflections, too, on the ABC’s “mistakes” - including the decision to remove Antoinette Lattouf from ABC Radio Sydney - and perhaps its failure to take a risk on global success Bluey. And then there are the more fun questions: whether Married at First Sight helped Nine pull off the Fairfax merger, whether the ABC needs its own version of it, and whether Hugh Marks can persuade Australians - and politicians - that the ABC is not just worth funding, but worth backing into the future. ABC managing director Hugh Marks 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

Fuelcast: We answer your questions 15.05.2026 7m

This episode starts with your questions - because if you’re trying to make sense of the energy crisis, chances are other listeners are asking the same thing. So what’s happening at Viva’s Geelong refinery after the recent fire? And what about biofuels - has the global fuel shock actually sparked a boom in Australia? Carrington Clarke and Alan Kohler are here to help you cut through it - answering your questions and keeping you across what matters on Fuelcast on ABC Business Daily. Listen to Alan's conversation with Viva Energy CEO Scott Wyatt here. Got a burning brent crude question like Bruce? Send an email to Carrington and the team abcbusinessdaily@abc.net.au

Is Coles' DOWN DOWN 'dead'? 14.05.2026 22m

This morning a verdict came DOWN DOWN on Coles, delivering a huge win to consumer watchdog ACCC in a case that accused the supermarket giant of misleading shoppers on discounted items. And Commonwealth bank shares plummeted yesterday, falling more than 10 per cent. But is it fair to link it to the taxation changes in the budget? Carrington Clarke and ABC Business Reporter Daniel Ziffer break it all down on ABC Business Daily. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au