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Michael Janda
Michael Janda has been the ABC’s Online Business Reporter since 2009. He was the ABC’s first Business and Finance Cadet in 2008, and has since worked reporting finance across online, radio and TV. Michael’s time at the ABC has also included stints as a producer on Lateline Business and Business Today, and reporting roles with Lateline Business and The Midday Report on TV, and The World Today, PM and ABC News on radio. Michael holds a first-class honours in Political Economy from the University of Sydney and is in the process of completing a law degree part-time at UTS. You can follow Michael on Twitter: @mikejanda
Latest by Michael Janda
RBA governor says 'blunt' tool of interest rates must be used to hammer out inflation
By business reporters Michael Janda and Gareth Hutchens
The Reserve Bank's new boss has not backed away from tough talk, saying the bank must use its "blunt" tool of interest rates to hammer out inflation for the collective welfare of Australians.
Australians are more dissatisfied with their economic situation than ever before; ASX ends slightly lower — as it happened
By business reporters Daniel Ziffer and Michael Janda
Australians are more dissatisfied with their economic situation than ever before, with young people particularly downbeat. Meanwhile, the ASX has ended modestly down on Wednesday. See how the day unfolded on our business news blog.
Updated
The housing boom is tipped to continue in two cities, but most other places are set for price falls
By business reporter Michael Janda
Australian real estate is set for a double-dip downturn, according to a leading analyst, as interest rates finally weigh on property prices and for-sale listings surge.
Updated
Optus boss says it's an 'appropriate time' to step down, ASX closes higher after energy rally — as it happened
By business reporters Michael Janda and Kate Ainsworth
Optus chief executive Kelly Bayer Rosmarin resigns following the telco's recent service outage, while the Australian share market finished higher after energy stocks rallied.
Updated
Job ads dive in Australia's most populous states, while applications surge, reports Seek
By business reporter Michael Janda
Job ads are down nearly 20 per cent over the past year, following a slump in October driven by hospitality and retail, indicating many businesses are bracing for a quiet summer.
Despite the biggest wages rise on record, the real pay of Australian workers is stuck near a 13-year low
By business reporters Michael Janda and Daniel Ziffer
Wages post their biggest quarterly increase in at least a quarter of a century, due to big pay boosts for aged care staff and workers on awards.
Updated
ANZ shares smashed as $7.1b profit disappoints, RBA warns of 'bumpy' road to curb inflation, ASX finishes lower — as it happened
By business reporters Michael Janda and Kate Ainsworth
Australian shares closed lower on Monday, led by a substantial drop in ANZ's share price as its full-year profit misses market forecasts. Look back on the day's developments with our blog.
Updated
Businesses aren't cutting prices fast enough and record migration is one reason why, according to the RBA
By business reporter Michael Janda
The Reserve Bank reveals the reasoning behind its latest interest rate rise and whether it is likely to have to lift them again.
Updated
Hundreds of thousands of businesses lost money in the Optus outage. They want the telco to pay up
By business reporters Daniel Ziffer and Michael Janda
Hundreds of thousands of businesses saw trade literally stall as the Optus outage put payment systems, internet services, phones and work-from-home set-ups out of action. Now, many are demanding compensation.
Updated
As it happened: ASX closes higher as Telstra bounces on Optus woes, but miners sink
By business reporters Daniel Ziffer, Michael Janda and Nassim Khadem
The Australian market closed higher with solid gains for most sectors offset by steep losses in the big mining and energy sectors. Follow the day's financial news on our live blog.
Updated
The RBA has raised interest rates, despite 'the economy showing more signs that it is weakening'
By business reporter Michael Janda
Interest rates hit a 12-year high as the Reserve Bank resumes hiking, with a 0.25 percentage point rise taking the cash rate to 4.35 per cent.
Updated
ASX rises amid Westpac profit surge and CSL rebound, rate rise remains odds on — as it happened
By business reporter Michael Janda
Big gains for market heavyweights Westpac and CSL help pull the ASX higher. Traders maintain their bets on an RBA rate rise on Melbourne Cup Day. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Updated
ASX closes higher thanks to lead from Wall Street with confidence building the US won't hike again — as it happened
By business reporters Michael Janda and Rachel Pupazzoni
The ASX rode the wave of a Wall Street rally after the US Federal Reserve left interest rates on hold for a second straight meeting and traders bet the next move will be a cut sometime next year.
Updated
Analysis
analysis:The Reserve Bank is trying to hammer inflation, but will it break the economy doing it?
By business reporter Michael Janda
Like Looney Tunes' famous cartoon villain, the Reserve Bank risks running Australia's economy over a cliff if it becomes too single-minded in its pursuit of the inflation Road Runner, writes Michael Janda.
ASX enters technical correction after closing at one-year low, strong retail data increases RBA rate hike risk — as it happened
By business reporter Michael Janda
The ASX has entered a technical correction after closing at its lowest level in a year, while retail spending data has increased the risk of a rate hike next week by the RBA.
Updated
ASX defies Wall St to close higher, despite rising chance of a November rate rise — as it happened
By business reporters Emilia Terzon and Michael Janda, with wires
The ASX 200 defied Wall Street's overnight slide to finish higher. But a jump in the cost of production inputs threatens to keep inflation higher for longer, further increasing the odds of a November rate hike. See how the day unfolded on our live blog.
Updated
Luci Ellis was an RBA assistant governor until earlier this month. She thinks it will raise rates next month
By business reporter Michael Janda
Bets on an interest rate rise next month gyrate dramatically on Senate testimony from the Reserve Bank governor, having surged on higher-than-expected inflation numbers.
Updated
'Pretty scary': Rising prices and another interest rate rise might force Frances to sell her family home
By business reporters Michael Janda and Nassim Khadem
Consumer prices rose 1.2 per cent in the September quarter, slightly above economist forecasts and increasing the risks of another Reserve Bank interest rate rise.
Updated
Rising fuel prices behind higher-than-expected jump in inflation, ASX finishes flat as markets consider possible rate hike — as it happened
By business reporters Michael Janda and Kate Ainsworth
The ASX finishes flat after the release of the September quarter inflation data, with fuel, electricity and rents behind the higher-than-expected jump, as investors weigh the possibility of a November rate hike by the RBA.
Updated
ASX nears one-year low on Israel-Gaza war worries — as it happened
By business reporters Michael Janda and Kate Ainsworth
The Israel-Gaza war has sent US 10-year bond rates within a whisker of 5 per cent and share markets globally lower, with the ASX nearing a one-year low. See how the day's events unfolded on the ABC News markets blog.
Updated
ASX closes down, ASIC bans former PwC partner Peter Collins for eight years — as it happened
By business reporters Emily Stewart and Nassim Khadem
The ASX ends the week lower following Wall Street jitters. The former PwC Australia partner at the heart of the tax leaks scandal, Peter Collins, has been banned from providing financial services by Australia's corporate watchdog. This is how the day unfolded.
Updated
'Waiting and seeing': Small business owners look at job cuts as customers dry up
By business reporters Michael Janda and Emilia Terzon
Australia's unemployment rate edges lower to 3.6 per cent, but only because fewer Australians were looking for work last month.
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'Shock, after shock, after shock' leaves RBA boss worried about persistent high inflation
By business reporter Michael Janda
The Reserve Bank's new governor Michele Bullock worries that continuing global supply shocks may entrench inflation expectations and bigger price rises, forcing interest rates higher for longer.
Updated
ASX gains on Whitehaven, Treasury as Credit Corp shares free fall — as it happened
By business reporters Emily Stewart and Michael Janda
The ASX gained on strong rises for Whitehaven Coal and Treasury Wine Estates, while Credit Corp plunged on a profit warning. This was how the trading day unfolded on our blog.
Updated
Childcare centres are among many employers 'struggling to find staff'. But wages growth just went backwards
By business reporters Michael Janda and Stephanie Chalmers
Wages growth eases from an annual pace of 3.7 per cent in the March quarter to 3.6 per cent over the year to June, reducing fears of a so-called wage-price spiral.
Updated