 Final logo, used between 2010 and 2018 | |
| Country | Australia |
|---|---|
| Programming | |
| Language | English |
| Picture format | 576i (SDTV16:9) 1080i (HDTV) |
| Ownership | |
| Owner | Australian News Channel (News Corp Australia) |
| Sister channels | |
| History | |
| Launched | 7 January 2008; 17 years ago (2008-01-07)[1] |
| Closed | 29 September 2018; 7 years ago (2018-09-29)[2] |
| Replaced by | Your Money |
Sky News Business Channel (also known asSky News Money during primetime[3] andSky News Real Estate on Saturdays[4]) was an Australianpay televisionbusiness news channel, available nationally on theFoxtel subscription platform and via mobile throughFoxtel Go.[5]
It was owned byAustralian News Channel, which also owns news-focused sister channelSky News Australia.
Australian News Channel (ANC) announced it was to launch Australia's first national business channel in 2008, at the onset of the2008 financial crisis. It was officially launched on 31 January 2008 at theAustralian Securities Exchange.[6] Sky News Business would utilise and simulcast content fromFox Business Network in the United States.[7] 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 theSky UK Business News service in the UK, andReuters Television.[8] At launch, it was claimed the channel would include 16 hours of locally produced content daily.[6]
James Daggar-Nickson was the business editor and channel manager of Sky News Business.[9]
On 19 January 2016, the channel launched ahigh-definition simulcast feed.[10]
In June 2018, it was announced that ANC would enter into a joint venture with theNine Network to createYour Money, abusiness news channel that replaced the Sky News Business Channel onFoxtel 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.[11][12] Sky News Business ceased broadcasting at 8:30 pmEastern on 29 September 2018, ahead of its relaunch as Your Money at 6:00 am Eastern on 1 October 2018.[13][14][2] Promotional trailers for Your Money were shown on the channel during the long break time.
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 9:30pmAEST weeknights and all weekend.
From 6 July 2015, the channel ran a programming block titled Sky News Money between 6:30 pm and 6 am weeknights.[3]
From 2016, the channel ran another programming block titled Sky News Real Estate on Saturdays, broadcasting rolling coverage of liveauctions, property advice and listings for six hours from 8:30 am Sydney time. Hosted by Sophie Hull andJames Treble, the programming was produced in conjunction withREA Group (a fellowNews Corp Australia company).[4]
On 25 April 2015 the Sky News Business Channel aired an episode of American series20/20 in simulcast with U.S. networkABC, featuring an interview withCaitlyn Jenner (then Bruce).[a][19]
Sky News Business Channel was Australia's only business and finance focused news channel. Foreign business news channelsCNBC andBloomberg Television are also available on the Foxtel platform.
Sky News Business reached close to 268,000 different people on average each week, with 72% of viewers being male, 28% of Sky News Business viewers were people 40-54 and 38% aged 55–69.[20]
At launch, Sky News Business' studio was located within the Sky News centre at Foxtel's headquarters in theSydney suburb ofMacquarie Park. 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 theNews Corp Australia 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 theAustralian Securities Exchange for ASX updates, as well as outside theReserve Bank of Australia inMartin Place, Sydney when news was expected from the Reserve Bank.
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 atANZ,National Australia Bank,Westpac andCommonwealth Bank.
Sky News Business also had live camera links to various financial institutions in which it has commercial arrangements.