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
'The journey will take time': Qantas boss promises improved service as airfares, profits fall
Qantas has recorded a 13 per cent fall in its post-tax profit to $873 million in the six months to December 2023, largely driven by lower airfares as its capacity returns to normal after the COVID-19 pandemic.
live
live:Nikkei hits record high 34 years after bubble popped, ASX flat amid profits for Qantas, Medibank and many more
Nearly three-and-a-half decades after a catastrophic crash wiped out the Japanese asset bubble, its stock market has finally hit a record high. But the ASX is not following, amid a raft of mixed profit results. Follow the latest updates in our live blog.
Real wages are growing for the first time in years, but business groups warn there's a 'risk' they'll get out of hand
Australian workers enjoyed an average base pay rise of 0.9 per cent in the December quarter, leading to an annual increase of 4.2 per cent over 2023, according to the Australian Bureau of Statistics.
As it happened: ASX closes down, Virgin CEO Jayne Hrdlicka steps down, BHP CEO Mike Henry speaks with The Business
The ASX closed down, Virgin CEO Jayne Hrdlicka announced she will step down and BHP CEO Mike Henry speaks with The Business.
Nearly two-thirds of employers are excluding job applicants based on certain personal characteristics
Fewer employers plan to add staff compared with last year, but not many have plans for mass lay-offs either, leaving the jobs market in wait-and-see mode at the start of 2024.
ASX closes flat despite best efforts from mining sector, as Lend Lease dives on earnings update — as it happened
Gains in the mining sector were pared back as the trading day unfolded and despite a broad based sell-off, as some company results failed to impress, the ASX 200 closed mostly flat.
Analysis
analysis:Why the RBA may be forced to cut before the Fed
Economists and traders expect the US Federal Reserve to lead off a global round of interest rate cuts. But if you look at the recent economic data, there's a building argument for the Reserve Bank of Australia to beat them to it.
Unemployment jumps 'quite sharply', passing 4 per cent with scarcely any jobs added in January
Unemployment hits 4.1 per cent with an estimated 500 jobs created in January, according to the Australian Bureau of Statistics.
CBA boss warns of 'downside risks' as November rate hike hits borrowers, ASX follows US stock market fall
The ASX closes almost a per cent lower as shares plunged in the US and here on concerns hot inflation figures will push interest rate cuts back. The CBA boss warns the RBA's last interest rate rise is only hitting borrowers this month. Look back on our business blog to see how today's events unfolded.
ASX ends lower, AGL's Loy Yang A power station goes offline, consumer confidence rebounds (sort of) and bitcoin jumps to $US50,000 — as it happened
The Australian share market finished lower for the day as earnings season continued, while the price of bitcoin surged to $US50,000 for the first time in two years and AGL's Loy Yang A power station in Victoria suffers an outage.
Retailers gain from strong JB profits, CSL drops as heart attack drug disappoints — as it happened
The Australian share market loses ground as a failed medical trial for CSL sends the market heavyweight biotech sharply lower. Meanwhile, JB Hi-Fi gains on consumer resilience. Look back on how the trading day unfolded.
AGL leads ASX higher, Chinese markets gain despite horror deflation numbers
Australian shares end higher after AGL posts a better than expected half-year profit and upgrades its forecast for the full year. Mainland Chinese shares shrug off the worst deflation numbers since the global financial crisis. Look back on how the trading day unfolded.
When will the Reserve Bank start cutting interest rates?
The Reserve Bank board says "a further increase in interest rates cannot be ruled out", but economists and financial traders still believe the next move in rates will be down.
Analysis
analysis:Australian households are no longer driving demand and inflation, so why punish them with higher interest rates?
In just half a sentence, the Reserve Bank board dashed the rate cut hopes of millions of mortgage borrowers. Does it risk condemning the Australian economy to recession as well?
ASX drops on mining sector as China's markets slump again, RBA starts two-day rate meeting — as it happened
The Australian share market loses ground, as a surge in the US dollar and another Chinese share market plunge see a steep sell-off for the mining sector. Look back on our business blog to see how today's events unfolded.
Analysis
analysis:'Did the Australian economy just snap'? It may be 'unlikely' but it's looking more and more possible
A raft of official economic data suggests Australia's economy suddenly hit a wall in December. Is the data wrong, or did the Reserve Bank raise rates one time too many in November?
ASX drops from record high as Commonwealth Bank leads financial slide
A slump in banking stocks leads the Australian share market off its record high, as the US Federal Reserve douses rate cut expectations. See how the day unfolded on our markets blog.
Inflation may be falling fast with rates set to follow, but people like Ash and Rebecca are still struggling
Inflation comes in lower than expected, with prices rising just 0.6 per cent over the December quarter and 4.1 per cent over the past year.
Australian share market hits all-time high after inflation falls to two-year low — as it happened
The Australian share market sets a new record high after inflation hit a two-year low in the December quarter, as economists forecast interest rate cuts from the Reserve Bank could come sooner than expected.
Evergrande liquidation fails to dent share market gains, as ASX nears record — as it happened
A Hong Kong court orders the winding-up of indebted Chinese property developer Evergrande, and the ASX holds on to modest gains. Look back on our markets blog to see how today's events unfolded.
Analysis
analysis:Forget the politics, are Labor's stage 3 tax cut tweaks good economic policy?
While a lot of the political commentary is fixated on Labor's broken promise, will its backflip make the tax system better? On that, there's a lot less argument.
ASX finishes flat as mining rally offsets falls elsewhere, markets eye stage 3 tax tweaks — as it happened
The Australian share market closes fairly flat as investors sell out of other sectors to pile into mining stocks. This is how the trading day unfolded on our live blog.
Analysis
analysis:The stage 3 tax cuts are only months away, but here's what could change in the meantime
Ahead of Labor's cost-of-living caucus, the crosshairs have again settled on the stage 3 tax cuts that are months away from handing more than $20 billion a year from the government back to (mainly) higher income earners.
ASX rises, Liontown plunges on funding setback, Wall Street becomes bull market — as it happened
US shares hit a record high despite rate cut bets being further scaled back amid economic optimism and comments from a voting Federal Reserve official describing rate cut talk as "premature". Look back on our markets blog to see how Wednesday's events unfolded.
IMF warns the Reserve Bank may need to lift interest rates again, ASX records strong gains despite retail worries — as it happened
The ASX climbs strongly across most sectors, despite signs of a consumer spending slowdown and an IMF warning that interest rates may need to rise further. Follow the day's events and insights from our business reporters on the ABC News live markets blog.