Kochie and Kylie flick the switch on ausbiz streaming service

David Koch: “What Australians need right now is credible, sensible information”

A new streaming service dedicated to Australian business and finance is finally available free, live and on demand. The channel officially announced its intention to launch this month last October. It met the deadline….just.

A statement about the arrival of the channel was released after a successful test stream on Twitter during Monday market hours:

Located at International Towers in Sydney’s Barangaroo Precinct, ausbiz provides live rolling coverage of the Australian sharemarket, along with expert analysis and commentary across a broad range of investment opportunities.

The ausbiz iOS app and website provides a personalised experience based on the user’s investment preferences.

“While we could never have predicted the global impact of the coronavirus, the team has been working incredibly hard to get this ready, as we believe a live business service dedicated to Australia is needed now more than ever,” said ausbiz founder, Kylie Merritt.

Executive chairman of ausbiz, David Koch, said: “Whether you’re running a business or managing your personal investments, this is not the time to panic and make decisions based on rumour and speculation. What Australians need right now is credible, sensible information and ausbiz will bring that to TV, with access to the expertise and experience of people who’ve managed through past crises.

Partnering with ausbiz to provide real-time Australian equity and ETF data is innovative stock exchange, Chi-X Australia.

Domestic data, along with in-depth research, international equities, indices, currencies and commodities is provided to ausbiz viewers via leading Australian financial technology provider Iress.

Anchors Daniel Weiner and Ingrid Willinge

Also partnering with ausbiz to provide the connectivity to power reliable video streaming is Vocus.

Twitter users can also stream live coverage of the Australian market open from 10am AEDT.

At launch, ausbiz is live 10am-4.15pm AEDT Monday through Friday with video on-demand available 24/7. From April 14th the live stream will begin at 8.30am for comprehensive coverage of Australian market announcements.

A daily startup program, produced in partnership with Startup Daily, will launch later in the month.

Top Image: Kylie Merritt and David Koch

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