Ricardo's Business

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

Julia Lee on $35bn sharemarket sell-off

18 May 2012 | 21:26

The Australian sharemarket is now in negative territory for 2012, after a 2.7 per cent fall today.

Around $35billion was wiped off the value of Australian shares today.  Read more

Greece to leave the Euro?

16 May 2012 | 16:36

Earlier this week, European central bankers for the first time, spoke publicaly about the possibility of Greece leaving the Eurozone.

It was a much taboo topic, often denied, but as Greece's political uncertainty grows as a government fails to form, more and more financial leaders are contemplating a Union without the Hellenic state.  Read more

A$ falls to below parity with the US$, so where to now?

14 May 2012 | 18:04

One of the hardest comments to get out of market watchers is their opinion of where the Australian dollar is going.

And that's because there are just too many factors, often unpreidcatble factors, influencing currency moves.  Read more

Chances of winning OZ Lotto

02 May 2012 | 15:39

More than one in five Australians over the age of 18 opened their wallets for a chance at the $50million Oz Lotto jackpot last night.

A Tatts group spokesperson told me, the amount estimated to have been spent by hopeful players couldn’t be revealed, because it’s an ASX listed company and the information is share price sensitive.  Read more

Seven West Media shares slump, Kardashian stock soar

26 April 2012 | 18:05

It seems like if you’re running a television network these days, profits are on the decline.

If you’re on the network, starring in a successful show, then your personal profits are up.  Read more

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