ABC cancels business show, reporter David Chau to exit

ABC News Director Simon Robinson has announced that finance show The Business will not return in 2027.

An ABC spokesperson told Mediaweek:

"Business is a crucial reporting round and we're committed to finding ways for the team to do more of the original and impactful journalism it’s known for. To enable us to focus our resources on delivering that we've made the difficult decision to discontinue The Business TV program at the end of its current season.  

"This decision is no reflection on the quality of the program or the dedication of the people who work on it. The Business has been a valuable part of our offering since it started originally as Lateline Business and has a loyal audience we value.  

"However, we believe the time and resources invested in this 15-minute program would be better deployed producing even more distinctive and impactful business journalism across all our platforms – the website and app, News Channel, our podcasts and our YouTube channels, as well as in our broadcast radio and TV programs.

"The team will continue to produce reported pieces and go after the most important and interesting interviews, and these will be made available across our platforms throughout the day. We know the business audience is increasingly turning to our continuous and digital platforms to access news as it happens and we want to make our outstanding daily business news reporting and analysis available on demand to the broadest audience.

"We’re working on a range of ideas which we’ll further develop in the new year. Among them, we'll be launching a visualised format for the
ABC Business Daily podcast and are looking into producing a daily afternoon wrap of the latest markets news."

Simon Robinson said in his statement:

"Business is a crucial reporting round and we're committed to finding ways for the team to do more of the original and impactful journalism it's known for," Mr Robinson writes, announcing the decision.

"To enable us to focus our resources on delivering that we've made the difficult decision to discontinue The Business TV program at the end of its current season."

Robinson added:

"We believe the time and resources invested in this 15-minute program would be better deployed producing even more distinctive and impactful business journalism across all our platforms — the website and app, News Channel, our podcasts and our YouTube channels, as well as in our broadcast radio and TV programs.

“We're working on a range of ideas, which we'll further develop in the new year. 

"Among them, we'll be launching a visualised format for the ABC Business Daily podcast and are looking into producing a daily afternoon wrap of the latest markets news.”