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US interest rates on hold as inflation continues to cool; the Australian unemployment rate drops to 4%; accountants offer cash advances on tax refunds; La Trobe Financial to give investors access to private credit markets; the world of media continues to turn as Peter Costello leaves Nine; AI beating analysts at stock picking; and Scott Phillips joins us for the Market Wrap.

 

Host: Deb Knight

Executive Producer: Tom Storey

Technical Producer: Declan Helmore

Publisher: Nine Radio
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Nine’s woes have continued, with Chairman Peter Costello resigning after a run-in with a reporter at Canberra airport.
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La Trobe Financial has teamed up with Morgan Stanley to give investors access to private credit markets in the US.
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Chemist Warehouse’s back door deal to get ASX-listed in a merger with Sigma could be under threat after the ACCC ran its eye over the deal.
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US inflation moderated slightly, but The Fed has still pushed out rate cut predictions, while Australian unemployment falls to 4%.
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US inflation moderated, and the FOMC left rates on hold, while the Australian unemployment rate fell again to 4.0%.
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