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Record car sales as ASX rallies

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Australians are buying new cars at a record pace despite ongoing cost of living pressures, with June sales reaching an all-time monthly high and electric vehicles and utes dominating the market.


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Presented by Ricardo Gonçalves

Source: SBS News



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Australians are buying new cars at a record pace despite ongoing cost of living pressures, with June sales reaching an all-time monthly high and electric vehicles and utes dominating the market.


Tony Weber, CEO of the Federal Chamber of Automotive Industries, explains what's driving demand, while Isaac Poole, Chief Investment Officer at Ascalon Capital, breaks down the Australian sharemarket's 1.4 per cent rally, the surge in gold miners and what he's telling clients about local and international markets.

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