Samuel Yang
Samuel is currently a multi-platform business reporter and a co-host of China Tonight on ABC TV. He also presents finance segments on the ABC News Channel.
He joined the ABC as a News Cadet in 2018 and previously worked with the SBS Dateline program as a researcher in 2017.
Samuel has a Masters of Journalism & Communication and a Masters of International Relations from the University of New South Wales. He speaks, writes and presents in English and Mandarin Chinese.
Latest by Samuel Yang
Online retailer Booktopia collapses, ASX follows Wall Street's lead to finish higher — as it happened
By business reporter Samuel Yang and wires
Australia's largest online bookstore, Booktopia, has collapsed and been placed into voluntary administration. Meanwhile, Australian stocks ended higher on Wednesday after a rally on Wall Street overnight.
Updated
ASX lower after release of hot inflation data sparking fears of another rate hike — as it happened
By business reporters Daniel Ziffer and Samuel Yang
The Australian share market falls despite Wall Street finishing higher. Look back on our blog to see how today's events unfolded.
Updated
ASX drops as inflation climbs to 4 per cent in May, exceeding economists' expectations — as it happened
By business reporter Kate Ainsworth
Inflation rose to 4 per cent in the 12 months to May, according to the latest data by the Australian Bureau of Statistics. Economists had broadly expected inflation to rise slightly to 3.8 per cent. Catch up on the day's news in the business blog.
Updated
Which supermarket is 25% cheaper?
Samuel Yang
A new report finds Aldi is the cheapest supermarket and there’s just 75 cents difference between an average grocery basket at Coles and Woolworths.
Updated
Duration: 3 minutes 30 seconds
ASX shares fall a day after interest rates decision, Nvidia overtakes Microsoft on value — as it happened
By business reporters Samuel Yang and Rachel Pupazzoni
Australian stocks traded lower the day after the Reserve Bank kept interest rates on hold at a 12-year high. Catch up on the latest updates in our live blog.
Updated
ASX snaps two-day losing streak after technology stocks rally, unemployment rate falls to 4 per cent — as it happened
By business reporter Samuel Yang and wires
The Australian share market has rebounded from a two-day losing streak after a rally in technology and healthcare stocks, while the nation's unemployment rate fell slightly in May to 4 per cent.
Updated
A sign of the retail times as rolling sales sound a warning on the economy
Samuel Yang
Hopes of an early rate cut have been all but dashed with the latest inflation reading coming in too hot for a second month.
Duration: 3 minutes 34 seconds
Optus sued for allegedly failing to protect customers' data before cyber attack in 2022, ASX lower
By business reporters Kate Ainsworth and Samuel Yang
The Australian Communications and Media Authority launches legal action against Optus for allegedly failing to protect its customers' data before it was hit with a cyber attack in 2022, while the local share market is trading lower.
Updated
Homeownership slipping further away for young people amid a growing generational wealth gap
Samuel Yang
Higher living costs, rising student debt, falling rental vacancies and increasingly unattainable home ownership is the picture facing young people. Experts warn a lack of timely solutions will continue to further entrench the generational wealth divide.
Duration: 4 minutes 37 seconds
Young people are in economic crisis, and they're frustrated the government is 'tinkering around the edges'
Young Australians are experiencing an economic crisis that shows no signs of easing — and experts fear it will cause generational inequality to worsen without substantial reform.
Updated
Wage rises slow, the ASX is up, and Anglo American to sell Queensland coal mines — as it happened
By business reporters Rachel Pupazzoni and Samuel Yang
The March quarter Wage Price Index shows wages are still rising but the pace is slowing. The Australian share market is up a day after the federal budget revealed cost-of-living relief and $22.7 billion of long-term spending on clean energy and strategic industries. Look back at how the day unfolded in our live blog.
Updated
Gas stocks soar after Albanese government releases its 'Future Gas Strategy', CBA third-quarter cash profit falls 7pc — as it happened
By business reporters Samuel Yang and Gareth Hutchens and wires
Gas stocks surged after the Albanese government released its "Future Gas Strategy" report, but the ASX closed lower overall. Catch up on the day's business and market news and it happened on our live blog.
Updated
Avoiding bill shock from the big telcos amid rising mobile charges
Samuel Yang
The Big Three telco customers have been hit with bill hikes amid warnings to customers on mobile plans to beware of mid-contract price rises.
Duration: 3 minutes 24 seconds
Suzie was 'floored' when her mobile provider kept trying to increase the price of her fixed-term phone contract
Consumers are being further squeezed by expensive phone bills as Australia's biggest telcos hike prices in response to inflation and rising operational costs.
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
ASX flat as rate cut bets for 2024 are all but gone — as it happened
By business reporters Daniel Ziffer, Gareth Hutchens and Samuel Yang
Australian inflation keeps falling, but not as fast as economists, including those at the Reserve Bank, had hoped. That has slashed rate cut bets and wiped out early gains on the ASX. Look back on the day's events and insights from our business reporters as it happened with our blog.
Updated
Supermarket promotional labels accused of 'confusing' and 'potentially misleading' shoppers
By business reporter Samuel Yang
Research from consumer group Choice suggests some price labels at major supermarkets are misleading consumers, who believe they are receiving discounts when they are not.
Bunnings grilled at supermarket inquiry, ASX falls on geopolitical tensions — as it happened
By business reporter Samuel Yang and wires
Rising geopolitical tensions have a mixed impact on commodity prices, sending stocks lower during the Asian session. Meanwhile, Bunnings has been grilled at the Senate inquiry into supermarket prices.
Updated
As it happened: RBA says Australians back cash over digital alternative, Aldi fronts supermarket inquiry
By business reporters Samuel Yang, Kate Ainsworth and Nassim Khadem
The bosses of Aldi are fronting a Senate inquiry examining supermarket prices and market power in Australia, while a fall on Wall Street has sent Australian stocks lower after data showed US consumer prices rose more than expected in March.
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
ASX rises, former RBA boss laments unproductive tax system, while apartment approvals plunge — as it happened
By business reporter Samuel Yang and wires
A small gain on Wall Street sends Australian stocks higher, while fresh building approvals data showed a massive plunge in apartment approvals, which is worrying for both builders and city-dwelling renters. See how the day unfolded on our live business blog.
Updated
Inflation remains steady in February for third-straight month, Australian share market closes higher after Wall Street sinks — as it happened
By business reporter Samuel Yang and wires
The Australian share market has ended higher at the close of trade on Wednesday to recover from earlier losses, while the latest monthly inflation data for February showed the annual rate remained steady at 3.4 per cent.
Updated
Victorian gambling regulator allows 'a very different Crown' to keep casino licence, ASX falls after Wall Street slides — as it happened
By business reporters Daniel Ziffer and Samuel Yang, with wires
Crown Resorts keeps its monopoly casino licence in Melbourne as the Victorian regulator makes its decision public, while the Australian share market falls.
Updated
ASX ends lower day after RBA leaves interest rates on hold, while Godfreys shuts up shop for good — as it happened
By business reporters Emilia Terzon and Samuel Yang
Wall Street is soaring ahead of a decision on rates by the US Federal Reserve while, here in Australia, the ASX ends lower on Wednesday, the day after our central bank left rates on hold.
Updated
RBA 'not ruling anything in or out' as Bullock outlines 'cautious' rationale for keeping rates steady, ASX ends higher — as it happened
By business reporters Samuel Yang and Kate Ainsworth
RBA governor Michele Bullock says she wants to be "much more confident" about inflation before considering a potential rate cut, after the central bank left the cash rate on hold at 4.35 per cent. Meanwhile, the Australian share market has ended higher after a subdued session.
Updated