Ricardo's Business

SBS Presenter Ricardo Goncalves with the latest in finance. Follow @BUSINESSRicardo

End of parity: Experts say A$ heading south

17 May 2013 | 18:13

The bears tore through the Australian dollar over the past two weeks, falling from US$1.03 to nearly US$0.97.

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That's good news for exporters, but bad news for Australian travellers. Read more

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The winning costs of Eurovision 2013

14 May 2013 | 17:40

The 2013 Eurovision Song Contest in Malmo, Sweden, will be held at a time when many parts of the eurozone struggle with recession and austerity measures that have prompted protests in some countries across the continent.

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Investors react to Alex Ferguson's retirement at Manchester Utd

08 May 2013 | 23:47

Shares in Manchester United have opened on the New York Stock Exchange, falling by almost 5 per cent in light volume in the first five minutes of trade following the retirement of manager, Sir Alex Ferguson.

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Sir Alex is widely touted as one of the best football managers of all time, with 38 trophies and 13 league titles in his 27 years with the club. Read more

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Westpac’s tips 2% cash rate

08 May 2013 | 14:27

Experts at one of Australia’s most accurate forecasters is predicting the Reserve Bank will continue to cut official interest rates throughout this year.

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Economists at Westpac are expecting the RBA to follow up yesterday’s 25 basis point cut with another next month. Read more

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