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ABC Business Daily

Data and decisions are coming

4/27/202624 min

For watchers of the Australian economy, it’s off to the races, with important data and decisions on the horizon.  

Wednesday's inflation numbers will provide crucial information for the RBA’s interest rate decision expected next month.  

And in the United States, five of the so-called Magnificent Seven tech companies, are set to release their results this week, causing investors to revisit questions about the valuation of AI. 

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.

Clips

They Won’t Be Late Again
The Handbrake And The Votes
AI Spend Puts Floor Under GDP
They Can’t All Win
Accountability And The RBA
Investors Cheer Job Cuts
One More Hike, Or Two?
Making Sense Of Inflation Data

Transcript preview

First 90 seconds

  1. Carrington Clark· Host0:00

    [upbeat music] ABC Listen. Podcasts, radio, news, music, and more.

  2. Speaker 10:05

    When big news breaks around the world, we've got the time to get into what's happened.

  3. Carrington Clark· Host0:11

    I've seen lots of robust argument, but nothing like that.

  4. Daniel Ziffer· Co-host0:15

    The Kremlin propagandists are very happy.

  5. Speaker 10:17

    And we can find out what it means for us in Australia.

  6. Carrington Clark· Host0:19

    Well, I think we're like a kangaroo caught in the headlights.

  7. Speaker 10:22

    Three and a half hours of Radio National Breakfast condensed into a pop to the shops, maybe a tea break, or a walk of the dog. You can find the new Breakfast Wrap podcast by searching for Radio National Breakfast in the ABC Listen app.

  8. Carrington Clark· Host0:34

    For watchers of the Australian economy, it's off to the races with important data and decisions on the horizon. Wednesday's inflation data will provide crucial information for the RBA's interest rate decision. And in the United States, five of the so-called Magnificent Seven tech companies are set to release their results this week, as global economic questions about AI's valuation lingers. Welcome to ABC Business Daily. [upbeat music] I'm Carrington Clark.

  9. Daniel Ziffer· Co-host1:04

    And I'm ABC Business reporter Daniel Ziffer.

  10. Carrington Clark· Host1:07

    Dan, there is a lot on the economic plate this week, including the crucial inflation data. Now, this gives us an idea of how much we think prices are increasing in the Australian economy. Now, people know that they're feeling that things are going up, particularly when they go to the petrol bowser, even if we have seen a kind of trending down of the price of

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