Sky News Business Channel (also known as Sky News Money during primetime and Sky News Real Estate on Saturdays) was an Australian

pay television Pay television, also known as subscription television, premium television or, when referring to an individual service, a premium channel, refers to subscription-based television services, usually provided by multichannel television providers, b ...

business news Business journalism is the part of journalism that tracks, records, analyzes and interprets the business, economic and financial activities and changes that take place in societies. Topics widely cover the entire purview of all commercial activ ...

channel, available nationally on the

Foxtel Foxtel is an Australian pay television company—operating in cable television, direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The service was establi ...

subscription platform and via mobile through

Foxtel Go Foxtel is an Australian pay television company—operating in cable television, direct broadcast satellite television, and IPTV streaming services. It was formed in April 2018, superseding an earlier company from 1995. The service was establi ...

. It was owned by

Australian News Channel Australian News Channel Pty Ltd is an Australian privately held subsidiary of News Corp Australia which owns media properties operating in Australia and New Zealand. The company owns news broadcasting channel Sky News Australia, its sister chan ...

, which also owns news-focused sister channel

Sky News Australia Sky News Australia is an Australian news channel owned by News Corp Australia. Originally launched on 19 February 1996, it broadcasts rolling news coverage throughout the day, while its prime time lineup is dedicated to opinion-based programs f ...

History

(ANC) announced it was to launch Australia's first national business channel in 2008, at the onset of the

Global Financial Crisis Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno ...

. It was officially launched on 31 January 2008 at the

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

. Sky News Business would utilise and simulcast content from

Fox Business Network Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenu ...

in the United States. In turn, Fox Business Network would air coverage from Sky News Business in order to provide Australian financial news coverage to American audiences. The channel would also utilise the resources of the

Sky UK Sky UK Limited is a British broadcaster and telecommunications company that provides television and broadband Internet services, fixed line and mobile telephone services to consumers and businesses in the United Kingdom. It is a subsidiary of ...

Business News service in the UK, and

Reuters Television Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was establ ...

. At launch, it was claimed the channel would include 16 hours of locally produced content daily. James Daggar-Nickson was the business editor and channel manager of Sky News Business. On 19 January 2016, the channel launched a high-definition simulcast feed. In June 2018, it was announced that ANC would enter into a joint venture with the

Nine Network The Nine Network (stylised 9Network, commonly known as Channel Nine or simply Nine) is an Australian commercial free-to-air television network. It is owned by parent company Nine Entertainment and is one of five main free-to-air television netw ...

to create Your Money, a

channel that replaced the Sky News Business Channel on

channel 601 and also be available free-to-air through Nine on channel 95 in metropolitan markets and Darwin and also on channel 85 in the Northern NSW market and the Gold Coast. Sky News Business ceased broadcasting at 8:30 pm Eastern on 29 September 2018, ahead of its relaunch as Your Money at 6:00 am Eastern on 1 October 2018. Promotional trailers for Your Money were shown on the channel during the long break time.

Programming

Sky News Business Channel consisted of live rolling coverage of and analysis of the ASX and international markets, finance and economic news and personal investment trends throughout the day on weekdays, with replays of analysis or specialty programs after 9:30pm

AEST Australia uses three main time zones: Australian Western Standard Time (AWST; UTC+08:00), Australian Central Standard Time (ACST; UTC+09:30), and Australian Eastern Standard Time (AEST; UTC+10:00). Time is regulated by the individual state ...

weeknights and all weekend. From 6 July 2015, the channel ran a programming block titled Sky News Money between 6:30pm and 6am weeknights. From 2016, the channel ran another programming block titled Sky News Real Estate on Saturdays, broadcasting rolling coverage of live

auctions An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition ex ...

, property advice and listings for six hours from 8:30am Sydney time. Hosted by Sophie Hull and

James Treble James Treble is an Australian building and interior designer. He hosts the TV show ''Renovate Or Rebuild'', on Nine Network. He was a presenter on ''Open Homes Australia'', on 9Life. Treble is publicly known for his six-hour, live, co-hosting o ...

, the programming was produced in conjunction with REA Group (a fellow

News Corp Australia News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,00 ...

company). * ''First Business'' * ''Trading Day'' * ''Lunch Money'' * ''At The Close'' * ''Market Day'' * ''Market Moves'' * ''

MediaWeek ''Mediaweek'' is an online trade website serving the Australian media industry. It provides news regarding the Australian newspaper, television, radio, magazine and outdoor advertising industries. It was until the end of 2017 a weekly printed ...

'' * ''Business Agenda'' * ''The Perrett Report'' * ''Switzer'' * ''Your Money Your Call'' * ''Business Night'' * ''RatesLIVE'' * ''Business View'' * ''Business Success'' * ''Business Class'' * ''LawTV'' * ''Market Express'' * ''On The Record with Carson Scott'' * ''Read and Profit'' * ''Rates Reaction'' * ''Social Business'' * ''The Week in Business'' * ''Sunday Business''

Special programming

On 25 April 2015 the Sky News Business Channel aired an episode of American series ''

20/20 Visual acuity (VA) commonly refers to the clarity of vision, but technically rates an examinee's ability to recognize small details with precision. Visual acuity is dependent on optical and neural factors, i.e. (1) the sharpness of the retinal ...

'' in simulcast with U.S. network ABC, featuring an interview with

Caitlyn Jenner Caitlyn Marie Jenner (born William Bruce Jenner; October 28, 1949) is an American media personality and retired Olympic gold medal-winning decathlete. Jenner played college football for the Graceland Yellowjackets before incurring a knee ...

(then Bruce).

Availability

Reception

Sky News Business Channel was Australia's only business and finance focused news channel. Foreign business news channels

CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...

and

Bloomberg Television Bloomberg Television (on-air as Bloomberg) is an American-based pay television network focusing on business and capital market programming, owned by Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide. It is hea ...

are also available on the Foxtel platform. Sky News Business reaches close to 268,000 different people on average each week, with 72% of viewers being male, 28% of Sky News Business viewers are people 40-54 and 38% aged 55–69.

Bureaus

At launch, Sky News Business' studio was located within the Sky News centre at Foxtel's headquarters in the Sydney suburb of

Macquarie Park Macquarie Park () is a suburb in the Northern Sydney region of Sydney, New South Wales, Australia. Macquarie Park is located 13 kilometres north-west of the Sydney central business district in the local government area of the City of Ryde. ...

. Sky News Business also used the resources of the Sky News network of bureaus and reporters across Australia and New Zealand. At the start of 2018, the channel relocated its studios to the

headquarters. The new studio was subsequently used by the channel's successor, Your Money. It was common for Sky News Business reporters to report from Exchange Square, within the headquarters of the

for ASX updates, as well as outside the

Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. Th ...

Martin Place Martin Place is a pedestrian mall in the Sydney central business district, New South Wales, Australia. Martin Place has been described as the "civic heart" of Sydney.

, Sydney when news was expected from the Reserve Bank.

Third party crosses

Sky News Business had live camera links to Australia's major financial institutions. The channel featured regular breaking news, commentary and analysis from leading Australian economists, fund managers, brokers and analysts at ANZ, National Australia Bank,

Westpac Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, ...

and Commonwealth Bank. Sky News Business also had live camera links to various financial institutions in which it has commercial arrangements.

Notable presenters

Current presenters

* Sophie Hull — ''Sky News Real Estate'' *

— ''Sky News Real Estate'' *Leanne Jones *Ingrid Willinge *James Dagger-Nickson * Peter Switzer

Former presenters

* Brooke Corte, now with sister channel Sky News Live * Ahron Young, now with sister channel Sky News Live *

Janine Perrett Janine Perrett is an Australian journalist and commentator who has worked across newspapers, radio and television for four decades. She currently works for ABC TV after working as a television presenter for Sky News Australia, until December 20 ...

— ''The Perrett Report'', now with sister channel Sky News Live *

Helen Dalley Helen Dalley (born 1957) is an Australian journalist, who formerly worked for Kerry Packer's Publishing and Broadcasting Limited (PBL) media stable. Dalley is best known for her work on the Nine Network television programs '' Sunday'', ''Tod ...

* Carson Scott

Notes

References

{{Navboxes , list1= {{Sky News Australia {{News & Current Affairs in Australia {{Subscription television channels in Australia {{Television news in Australia Sky News Australia Television networks in Australia Defunct Australian television channels Business-related television channels 24-hour television news channels in Australia Television channels and stations established in 2008 Television channels and stations disestablished in 2018 English-language television stations in Australia 2008 establishments in Australia 2018 disestablishments in Australia