Presenter | Journalist | Business reporter @ABCNews. All views here are my own. News tips: [email protected]
Sydney, New South Wales
Joined January 2012
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📈 Bitcoin fell to about $US78,000 after Binance suffered the largest hack in the sector's history, with culprits attempting to steal $US6.3 billion in digital funds. 💰Wall Street's AI sell-off resumed with heavy losses for Amazon, Intel and Google.👇 youtu.be/YmCFn27GDUQ?si=I4cU…
David Chau retweeted
REMEMBERING PATRICK STEWART
Patrick Stewart, the legendary actor best known for portraying Captain Jean-Luc Picard in “Star Trek: The Next Generation” and Professor Charles Xavier in the “X-Men” films, has died at 86.
His family said in a statement: "We announce with great sorrow the passing of Sir Patrick Stewart yesterday at his home in Los Angeles, in the loving care of his beloved wife Sunny, following a brief and poignant journey with Alzheimer’s Disease and Lewy Body Dementia."
"His sonorous voice and singular talent will forever be synonymous with indelible performances in every genre. He explored the human condition in all its poetic complexity and brought hope not only to the far reaches of the Marvel Cinematic Universe, but into science fiction’s most iconic final frontier aboard the Starship Enterprise... He will be remembered for the dignity, compassion and humanity he brought to every role - in his art and life."
variety.com/2026/tv/news/pat…
📈ASIC is probing the bankers behind Firmus after the company abandoned its much-hyped plans to list on the ASX earlier this month. The Fed kept US interest rates on hold, days ahead of the midterm elections, despite saying inflation is still too high!👇 youtu.be/122cnN45xUA?si=VczL…
📈There’s now an 85% chance the RBA may lift rates next Tuesday after today’s worse-than-expected inflation data. Star Entertainment shares are in a trading halt as the company digests the implications of its $260m fine for breaching money laundering laws.
youtu.be/y4baHlJOdTY?si=NtPc…
📈Anthropic is reportedly aiming to raise at least $US100 billion from its IPO, making it the biggest float ever. That should give it a market value of at least $US1.5 trillion, which is higher than the 20 largest companies on the ASX — combined!👇 youtu.be/RhRvp8sfHgo?si=a42m…
📈The market odds of the RBA lifting the cash rate in early November have jumped to 64%. Now that’s a lot more certain than you correctly picking the winning horse during the Melbourne Cup race. My latest report 👇 youtu.be/RrvkcR2e928?si=oNRy…
📈 Microsoft, Meta, Oracle, Alphabet & Amazon are expected to spend over $US1 trillion on AI infrastructure from 2027. But will the scale of their spending (a large part of which is debt financed) lead to a good ROI in a rising interest rate environment?👇 youtu.be/PjVcd3mcL7g?si=FYxR…
1: I’m a little sad to say that after 20 years, The Business (which started off as Lateline Business) has been cancelled. The final episode will air on 10 December. I had a lot of fun filing TV stories for this program, guest-hosting it over the years…
2: … and working with so many amazing people at the top of their game. Thank you to all the wonderful guests who’ve appeared our show! And for our loyal viewers, there are still plenty of great places to get your business news – including our markets blog …
3: ABC Business Daily podcast, (almost) hourly market updates on the ABC News Channel, and my finance reports on the 7pm News. You can read more about this announcement here👇 abc.net.au/news/2026-10-23/a…
📈 Fortescue shares tumbled after the miner warned it may have to reduce its iron ore production if it remains locked in difficult contract negotiations with China. 💰 Better-than-expected earnings from Tesla and SpaceX provided a boost to Wall Street.👇 youtu.be/_j8VtsX_2Mc?si=Uh7k…
☀️☔️I’ve decided to work at the ABC’s Brisbane office today. And I’ve been met with a warm welcoming committee 🍌
📈 Shares of NextDC have dropped 41% since June. It’ll be interesting to see what happens when the company emerges from its trading halt tomorrow. When community protests lead to your data centre’s power upgrade being delayed, that’s going to hurt👇 youtu.be/BxcEQOKK0LM?si=HZqc…
📈Will the huge amounts being spent on AI infrastructure lead to a return on investment relatively soon? 💰There are growing doubts about that, especially at a time when global interest rates are rising. Hence the profit-taking / sell-off last week 👇 youtu.be/mtcwNRiH0A0?si=4MPA…
📈ASX jumps to five-week high. Reserve Bank posts $11.3 billion annual loss, its second-worst ever. Here’s my latest report 👇
youtu.be/h_X47S08Fe8?si=4U3f… via @YouTube
📈Trump’s decision to wage war on Iran (and his inability to exit the war have driven US inflation higher, and gasoline (petrol) prices in particular! 💰These dire figures come just 19 DAYS before the mid-term elections. My latest report 👇 youtu.be/CsvUdDGgj9A?si=7ZqL…
📈 Morning! Here’s the story of how I made the switch from disgruntled lawyer to finance guy on the ABC. You’ll learn a few things about me I haven’t told many people before. Hopefully it makes you chuckle. Enjoy! 😆
abc.net.au/news/2026-10-15/d…
David Chau retweeted
Saddened ABC finance presenter @AlanKohler has retired. Overjoyed that @ChauDave will succeed him. It's like when a beloved Doctor regenerates but you're equally delighted with the new incarnation. #DoctorWho #finance #journalism
Here’s some more details about my new job 🙂
abc.net.au/about/media-centr…
Good morning! 🙂 Some exciting news on my end.👇
abc.net.au/news/2026-10-12/a…
