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Space economy hype grows, as businesses pull back on investments because of fuel costs

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Australian businesses are feeling the pressure from rising fuel costs and supply issues, with new ABS data showing nearly three quarters have been negatively impacted. Business NSW Executive Director David Borger joins Ricardo Gonçalves on the SBS On the Money Podcast to discuss how companies are responding and what it means for prices and inflation ahead of key data tomorrow.


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Presented by Ricardo Goncalves

Source: SBS News



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Australian businesses are feeling the pressure from rising fuel costs and supply issues, with new ABS data showing nearly three quarters have been negatively impacted. Business NSW Executive Director David Borger joins Ricardo Gonçalves on the SBS On the Money Podcast to discuss how companies are responding and what it means for prices and inflation ahead of key data tomorrow.


Plus, the ASX slides as tensions in the Middle East rattle investors, while WaveStone Capital portfolio manager Raaz Bhuyan breaks down the market reaction, the growing hype around the space economy, and whether Elon Musk’s proposed SpaceX IPO is becoming the next big speculative frenzy.

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