Watch FIFA World Cup 2026™ LIVE, FREE and EXCLUSIVE

$60bn wiped from ASX & scams rise ahead of Black Friday sales

OTM - Scams (Getty).jpg

On the Money Source: Getty

SBS On the Money
View Podcast Series
Download the SBS Audio appAvailable on iOS and Android

SBS Finance Editor Ricardo Gonçalves speaks with David Lane from Ord Minnett about why the ASX200 had its second worst day of the year as $60bn is wiped off the value of the local sharemarket; plus Angelica Waite discusses the rise of scams ahead of Black Friday with the ACCC's Catriona Lowe.

Listen to Australian and world news, and follow trending topics with SBS News Podcasts.

Share

Latest podcast episodes

OTM - RBA (Getty).jpg
OTM - AI (Getty).jpg
People walk past the ASX building in Martin Place, Sydney.
OTM - Generic 1 (Getty).jpg

Recommended for you

A hand holding a petrol pump
A composite image shows mostly empty grocery store refrigerator shelves with a customer notice stating that increased demand has caused supply shortages for some yoghurt products.
A grey-haired man gestures with his hand. With two canadian flags blurry in the background.
A composite image divided into two main sections. On the left, a cutout of Donald Trump and Benjamin Netanyahu shaking hands is layered over a background showing a poster of Netanyahu being burned. In the burning poster, text is partially visible, including the word “TERRORIST.“ On the right, a large Iranian flag flies prominently on a flagpole overlooking a dense, hazy urban cityscape with light-colored buildings stretching toward distant mountains. The two sides of the image are stylistically distinct, contrasting the political alliance of the leaders with the regional opposition and the landscape of Iran.
Ultrasound scanning of intestines, abdominal cavity, right lobe, liver, bile ducts, gallbladder.
An illustration of an older woman holding a large coin, standing next to an older man, who rests his hand on another oversized coin positioned atop a stack of coins. The couple stands in front of a backdrop of residential buildings
A person's arm reaches toward a row of four fuel pump nozzles labeled E10, 95, 98, and Diesel at a gas station.
Several travellers are seen milling about in an dimly lit airport terminal.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world