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Video
Posted February 22, 2017 20:34:00 | Updated February 22, 2017 20:46:01
The insurance industry is facing a number of major challenges with probably the biggest being its current lack of profitability.
Then there are the behavioural issues with customers still complaining of being bullied and having legitimate claims refused, despite ASIC recently giving the industry a clean bill of health.
Also there is further bad news for consumers. It looks like insurance premiums are on the way up.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 22, 2017 20:33:00 | Updated February 22, 2017 20:48:15
Australian mortgage debt is weighing down households and tying the hands of the Reserve Bank. Today Governor Lowe admitted households have taken on huge amounts of debt, fueled by low interest rates.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 22, 2017 20:32:00 | Updated February 22, 2017 20:52:17
Stockland today announced a jump in half year profits to $700 million and lifted its full year guidance. Chief Executive Mark Steinert talks to Elysse.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 21, 2017 20:32:00 | Updated February 21, 2017 21:14:38
While Australia is on track to be the world's largest gas exporter, domestic gas prices are at an all-time high and companies like Bluescope want a policy to keep some gas in the country.
The peak gas industry body rejects the view that a gas reservation policy would work and says freeing up exploration moratoriums will bring more supply to market
CEO of the Australian Petroleum Production and Exploration Association, Malcolm Roberts, speaks to Elysse.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 21, 2017 20:31:00 | Updated February 21, 2017 21:16:58
Wool prices have been in the doldrums since a peak in 2011. Now a spike in demand for premium and super fine wool has seen prices smash new records.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 21, 2017 16:33:00 | Updated February 21, 2017 21:12:52
The bull run for iron ore and coking coal has fuelled a stunning profit turnaround for BHP-Billiton. The world's biggest miner has swung back into the black posting a net first half profit of $4.2 billion as it slashed debt and more than doubled the dividend for shareholders.
Investment Advisor for Bell Potter, Giuliano Sala Tenna, speaks to Elysse.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 20, 2017 20:33:00 | Updated February 20, 2017 20:50:06
The boss of Bluescope Steel says Australia is facing an energy catastrophe. He's calling for gas base load power to supersede ageing coal-fired stations, arguing it's both secure and environmentally friendly. Bluescope Steel's CEO Paul O'Malley speaks to Elysse.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 20, 2017 20:32:00 | Updated February 20, 2017 20:47:02
The markets were dragged lower by several disappointing profit results. Michael McCarthy from CMC Markets speaks to Elysse.
Topics:
markets,
business-economics-and-finance,
stockmarket,
australia
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Video
Posted February 20, 2017 20:31:00 | Updated February 20, 2017 20:57:03
Last week Australia's prudential regulator warned that climate change could threaten the stability of the entire financial system. It follows a landmark legal opinion that company directors could face heavy fines and damages if they ignore climate change related risk.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 17, 2017 20:33:00 | Updated February 17, 2017 20:48:49
Premium costs are set to jump nearly 5% in April after Health Minister Greg Hunt signed off on the latest hike. Medibank Private has conceded customer acquisition is slowing as more disillusioned customers change insurers or drop their cover altogether. Medibank Private CEO Craig Drummond speaks to Alicia.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 17, 2017 20:32:00 | Updated February 17, 2017 20:51:00
The All Ordinaries index fell around 0.2%. The ASX 200 lost 10 points. Julia Lee from Bell Direct speaks to Alicia.
Topics:
markets,
stockmarket,
australia
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Video
Posted February 17, 2017 20:31:00 | Updated February 17, 2017 20:55:04
Donald Trump claims credit for wall street's jump, do the biggest US investors agree? Vanguard investment CEO Bill McNabb speaks to Alicia.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 16, 2017 20:33:00 | Updated February 16, 2017 20:47:20
Australia's biggest telecom provider is a company under pressure. Telstra's blaming rivals for loss of mobile revenue as customers dump fixed line phones and higher costs to access NBN customers. Telstra CEO Andy Penn speaks to Elysse.
Topics:
business-economics-and-finance,
australia
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Video
Posted February 16, 2017 20:32:00 | Updated February 16, 2017 20:49:04
An early rally pushed shares to a 21-month high but Telstra's result saw those gains quickly reversed. Evan Lucas from IG Markets speaks to Elysse.
Topics:
markets,
business-economics-and-finance,
stockmarket,
australia
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Video
Posted February 16, 2017 20:31:00 | Updated February 16, 2017 20:57:49
The BHP-Billiton spin-off, South-32, has announced a return to profitability with a $620 million profit - an almost $3 billion turnaround from the previous result. CEO Graham Kerr speaks to Elysse.
Topics:
business-economics-and-finance,
australia