Michael Janda
Michael Janda is the ABC News Business Editor. He was the ABC’s first Business and Finance Cadet in 2008, and has since worked reporting on finance, business and economics across online, radio and TV, before becoming the inaugural Digital Lead for the Business Reporting Team. 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 a law degree from UTS.
Latest by Michael Janda
These houses in Sydney have sat empty for decades, but there's 'very little' council can do about it
With official estimates putting the number of vacant and derelict homes above 100,000 across Australia, local governments and property lawyers argue they could be part of the solution to Australia's apparent housing shortage.
Updated
Analysis
analysis:'Bad mistake to set policy on one number': RBA deputy plays down this week's inflation shock
By business editor Michael Janda
The Reserve Bank's new deputy governor plays down this week's inflation surprise, saying there is plenty of economic data between now and the bank's next interest rate meeting in August.
Updated
This week's inflation number is a 'shocker' that puts 'enormous pressure' on the RBA to raise rates
By business editor Michael Janda
A higher-than-expected inflation number has dramatically raised the risk that the Reserve Bank will be forced to hike interest rates again as early as August.
Updated
Analysis
analysis:No bull Bullock shoots straight on the Reserve Bank's growing interest rate dilemma
By business editor Michael Janda
Pressure is growing on the Reserve Bank to lift interest rates again as inflation remains stubbornly high, but governor Michele Bullock knows another rate hike all but guarantees a recession.
Updated
Analysis
analysis:With Australia's national teams riding high, why is the A-League on the brink of collapse?
By business editor Michael Janda
The A-League owners pushed for the split away from Football Australia, but they left the sport's governing body with the three biggest money-spinners: the Matildas, Socceroos and grassroots football. Now the professional league is at risk of collapse.
Updated
RBA deputy governor says Australia not ready to follow Canada and ECB into rate cuts, ASX gains — as it happened
By business reporter Kate Ainsworth and business editor Michael Janda
The Reserve Bank's deputy governor Andrew Hauser says Australia remains on its "narrow path" which "has worked" to get inflation down without the same scale of job losses as some other countries, such as Canada. The ASX gained across all sectors.
Updated
Analysis
analysis:Australia's economy is beginning to look a lot like 1990. But there's one key difference
By business editor Michael Janda
Jim Chalmers is the same age as Paul Keating was when he declared Australia was in "the recession we had to have". Is he doomed to tread the same path?
Updated
Analysis
analysis:It may not push up interest rates, but Fair Work's award wage rise still leaves workers worse off
By business editor Michael Janda
The Fair Work Commission has been careful not to trigger another interest rate rise with its latest minimum and award wage increase, but a pay rise barely keeping up with inflation does little to ease the pressure on household budgets either.
Updated
ASX falls as higher inflation pushes back rate cut bets, BHP seeks Anglo American takeover extension — as it happened
By business reporter David Chau and business editor Michael Janda
BHP wants another extension to a deadline so it can continue takeover talks with Anglo American in the UK. The ASX fell as higher-than-expected inflation saw markets price out the possibility of a rate cut this year.
Updated
Analysis
analysis:Behind the smiles and sold stickers, there are early signs of illness in Australia's property market
By business editor Michael Janda
A surge in home loan hardship requests and a record number of quick resales are two signs that Australia is still perilously close to the edge of the mortgage cliff.
Updated
ASX down for week on global higher-for-longer rate fears, Nvidia surges by $US218b — as it happened
By business editor Michael Janda and business reporter Gareth Hutchens
The ASX followed US markets lower on Friday as worries about higher interest rates for longer outweighed continued AI optimism in the tech sector.
Updated
Telstra's 'massive change' has 'blindsided' workers, but will it pay off for customers and shareholders?
By business reporter David Chau and business editor Michael Janda
Telstra reveals plans to sack up to 2,800 workers as part of its latest cost-cutting measures, with most of these job losses to occur by the end of this year.
Updated
No 'quick fix' to housing crisis warns RBA assistant governor
By business editor Michael Janda
The Reserve Bank says there are early signs that developers are responding to rising prices and rents with plans for new housing supply, but it will take many years to solve the affordability crisis.
Analysis
analysis:You can't have a surplus and your tax cuts too — why Australia's budget will be in the red for a decade
By business editor Michael Janda
The federal budget is in its second year of surplus, but is poised to fall back into deficit for the next decade. Why? And should we be worried?
Updated
What's in the budget for businesses? A lot, for those who can engineer a 'Future Made in Australia'
By business editor Michael Janda and business reporter Nadia Daly
The Albanese government is spending big on its ambition to engineer a "Future Made in Australia", while leaving some scraps for small businesses struggling with the here and now.
Updated
Analysis
analysis:RBA governor Michele Bullock is a reluctant hiker, but that doesn't mean she won't walk us over an economic cliff
By business editor Michael Janda
As surging prices for essentials continue to drive stubborn inflation, it's still anyone's guess as to how far households and businesses will need to be screwed down by the RBA's interest rate hammer to get the rising cost of living under control.
Updated
'Too soon to declare victory' as RBA governor Bullock says she can't rule out another rate rise
By business reporter Gareth Hutchens and business editor Michael Janda
Reserve Bank keeps interest rates on hold at 4.35 per cent, but vows to remain vigilant and warns it "is not ruling anything in or out".
Updated
'Egregious and unacceptable': Qantas agrees to $120 million settlement for selling tickets on cancelled flights
By business editor Michael Janda and business reporter Nassim Khadem
Qantas reaches a $120 million agreement with the Australian Competition and Consumer Commission to settle a lawsuit against the airline for selling seats on flights that had already been cancelled.
Updated
Qantas identifies cause of app privacy breach, Afterpay owner surges on soaring profits, ASX ends higher — as it happened
By business editor Michael Janda
Qantas has identified what caused its app glitch issue on Wednesday that exposed customer data to other travellers, while the Australian share market has finished higher for the week with Afterpay owner Block surging on its profit results.
Updated
ASX edges up, BHP confirms $39b Samarco disaster settlement offer — as it happened
By business reporters Nassim Khadem, Michael Janda and Samuel Yang
Mining giant BHP reaches a $US25.7 billion ($39.1 billion) settlement offer with the Brazilian government on the Samarco dam disaster. Look back on the day's financial news and insights from our specialist business reporters on our blog.
Updated
Analysis
analysis:Is YIMBYism the answer to Australia's housing affordability woes?
By business editor Michael Janda
The YIMBY movement argues fewer development restrictions and more construction will lower property prices. But two decades of intense densification across Australia's cities suggest it may not be the cure-all they hope for.
Updated
ASX closes higher Monday after Friday losses
By business editor Michael Janda and business reporter Nadia Daly
The Australian share market closed higher Monday led by mining and health stocks, while Star casino fronted an inquiry.
Updated
ASX snaps five-day losing streak to end 0.5pc higher, BHP to decide Nickel West's future by August — as it happened
By business reporter Kate Ainsworth and business editor Michael Janda
The ASX has snapped a five-day losing streak to close 0.5 per cent higher on Thursday, while the unemployment rate rose to 3.8 per cent in March. Look back on the day's developments as they happened with our blog.
Updated
ASX ends lower amid geopolitical, interest rate uncertainty — as it happened
By business reporters Emilia Terzon and Gareth Hutchens and business editor Michael Janda
The Australian share market has finished slightly in the red as traders await further indications about the likely path of interest rates and the conflict in the Middle East. See how the day unfolded on our business news blog.
Updated
Qantas overhauls loyalty scheme to offer more seats at a higher cost as ASX posts gains — as it happened
By business reporters Michael Janda, Emilia Terzon and Samuel Yang
The Australian share market posts gains on Monday after US stocks surged on a strong jobs report that also indicates wage growth remains in check. Look back on the day's events and insights from our business reporters as it happened with our blog.
Updated