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The Money Cafe: Coal keeps raking in the money

LISTEN: Kirby and Kohler talk neo banks, big profits in coal and the odds of a super fund cull.

Chinese-controlled miner Yancoal Australia, which agreed to buy Rio Tinto’s Hunter Valley coalmines for $US2.69 billion, has recorded a first-half loss amid surging coal prices as finance costs on its hefty debt pile kept it in the red
Chinese-controlled miner Yancoal Australia, which agreed to buy Rio Tinto’s Hunter Valley coalmines for $US2.69 billion, has recorded a first-half loss amid surging coal prices as finance costs on its hefty debt pile kept it in the red

Listen in as Wealth Editor James Kirby and InvestSMART’s Alan Kohler discuss the chance of a super fund cull, the pressure on the big four from neo banks and how Afterpay is testing the nerve of its investors.

Also on the duo’s agenda: How it’s all going wrong for Kogan, Yancoal’s big payday and how Walmart is seeing off online competitors with grocery sales.

Don’t forget to send you own questions to James and Alan via moneycafe@theaustralian.com.au.

Find all episodes of The Money Cafe and subscription links here.

Read related topics:Afterpay

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Original URL: https://www.theaustralian.com.au/business/wealth/the-money-cafe-coal-keeps-raking-in-the-money/news-story/c345df89d5ee45b5a2bc656acccb9130