SBS On the Money: ASX nears record, CBA hits

The ASX neared record territory following a banking rally – which saw the Commonwealth set a record of its own. CBA’s stock now trading above 141 dollars. The miners meanwhile retreated on a weaker iron ore price. For more on what’s driving that – plus what to expect from this week’s GDP data, Rhayna Bosch speaks with K2 Asset Management Managing Director George Boubouras.