SBS News In Depth
EV sales hit a record as ASX climbs to a four month high artwork

EV sales hit a record as ASX climbs to a four month high

SBS News In Depth
13:05
Play episode

Show notes

Listen to Australian and world news, and follow trending topics with SBS News Podcasts. TRANSCRIPT: The ASX climbs 1.7 per cent to a four-month high as strong gains sweep across all sectors, with insights from Kai Chen of MPC Markets on what is driving the rally. At the same time, rising fuel prices are helping push electric vehicle sales to new levels, with Tony Weber from the Federal Chamber of Automotive Industries unpacking whether Australia is nearing a turning point. Plus, Kim Farrant from HESTA warns super fund members about the risks of switching investment strategies during market volatility, as more Australians move towards defensive options despite recent market rebounds.

More from this show

More
  1. What property buyers and vendors need to know this spring selling season

    Australia’s property downturn is gathering pace just as the busy spring selling season begins. Cotality Head of Research Tim Lawless explains what falling prices mean for buyers an…

    11:37
  2. Have we misunderstood the Tasmanian tiger?

    New research has revealed that the thylacine, or the Tassie tiger was unlike any living mammal today. SBS reporter Yasmine Alwakal speaks to Vera Weisbecker, a professor of Evoluti…

    06:49
  3. Will claims of foreign interference overshadow climate action at the Pacific summit?

    After promising "consequences" for Taiwan's presence at the Pacific Islands Forum, China is denying comments by a senior diplomat are a threat - and that it has engaged in foreign…

    05:11
  4. Lose a day or lose their lives: The Nepali principal who saved 900 children with little warning

    Rescue and recovery efforts continue in Nepal, where one teacher is being praised for a snap decision that saved hundreds of students' lives. As the death toll and list of missing…

    06:35
  5. Are we alone in the universe? We might just be one step closer to finding out

    Are we alone in the universe? It's one of humanity's most pressing questions. NASA now believes it's a step closer to answering that very question with the launch of a new telescop…

    05:11
  6. Investors react to the Fed's Warsh on inflation commentary

    SBS Finance Editor Ricardo Gonçalves speaks with Piers Bolger from Infinity Asset Management about the day's market action including how investors reacted to Kevin Warsh's speech a…

    09:25
Now Playing
EV sales hit a record as ASX climbs to a four month high — SBS News In Depth | Josplay Music