FEAR & GREED | Business News

Friday 7 March 2025 Star Entertainment has reportedly been thrown a short term rescue package by one of its major shareholders, staving off administration for now.  And more, including: Cyclone Alfred continues its move towards southern Qld and northern NSW with landfall now expected early Saturday morning.  And good news for local builders.  Plus milk prices set to rise, and how Elon Musk’s political ambitions are harming Tesla sales.  Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - manifesting money explained. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Afterpay was one of the pioneers of the buy now, pay later sector, and was purchased in 2022 by Block for an incredible $39 billion. Katrina Konstas, Country Manager at Executive Vice President for Afterpay, talks to Sean Aylmer about how the company has changed, the state of the BNPL space, and the importance of leading the way for for women in a male-dominated industry.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX drops APRA rules Amcor merger Gold surge Washington v Beijing Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Tammy asks: When or how did crypto form part of the value of the stock exchange?I am curious as to how this asset has been able to become part of a highly regulated market without the regulations being "in general terms" applied to crypto under anti-money laundering and banking codes.Has the creation of ETFs meant the introduction of crypto to the regulated share market?Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 6 March 2025 The governments of the world’s two biggest economies, the USA and China, provide their outlooks for 2025 as global trade wars kick off.  And more, including: The Aussie economy grows at its fastest pace in two years.  And residents of north-east NSW and southern QLD get ready for Cyclone Alfred.  Plus sales of a plug-in BYD hybrid vehicle soar, and the value of vineyards around the world tumble.  Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - manifesting money explained. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Australia's economy grew last quarter at its fastest pace since the pandemic. But one number within the national accounts might have the Reserve Bank worried. Cherelle Murphy, Chief Economist at EY Oceania, talks to Sean Aylmer about the GDP figures, and why a drop in productivity could be bad news for future rate cuts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX falls Rio vote MinRes downgrade Nine pressure Zelensky reaches out Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 5 March 2025 The value of agricultural production in Australia heads towards $100 billion, but the shadow of tariffs looms large.  And more, including: Retail sales jump as the Reserve Bank warns there’s no certainty about another interest rate cut.  And local insurance stocks get hit as cyclone Alfred heads towards south-east Qld and northern NSW.  Plus Citigroup’s trillion dollar mistake and Donald Trump cuts military aid to Ukraine. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - manifesting money explained. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

The decline in the property market didn’t last long. After just three months, prices are rising again - and the recovery is being led by Melbourne and Hobart, two of last year’s worst performers.Alice Stolz, national property editor at Domain, talks to Sean Aylmer about the outlook for the market in 2025, including the best opportunities for buyers around the country, and the impact of the election campaign.This is general information only. You should seek professional advice before making investment decisions.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX drops RBA rate cut Alfred preparations Healthscope rent fail Trump tariffs Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Sam asks: I heard you talking about the RBA's warning on inflation being too low if they didn't cut rates. I get the impact of high inflation - but what's the risk from inflation being too low?Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tuesday 4 March 2025 Shareholders are set to receive nearly $27bn in dividends at the end of a mediocre reporting season.  And more, including: The Whyalla Steelworks is still losing $1.5 million a day.  And Prada is set to buy Versace.  Plus good news for crypto lovers and Star entertainment on the brink of collapse. And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Star Entertainment Group is facing a very uncertain future. But if it does go under, it wouldn't be the first large listed company to fail.Damon Callaghan, Partner, Investments, at ECP Asset Management, talks to Sean Aylmer about previous collapses (and near-collapses), what they mean for investors, and what they should look for to avoid being caught up in them.This is general information only and you should seek professional advice before investing.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX surges Qld cyclone threat Albo, Dutton on Zelensky Prime booms Peace efforts Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 3 March 2025 Global markets react nervously to the US-Europe showdown and prospect of tariffs, with riskier assets, including the Aussie dollar, sold off.  And more, including: House prices rise in February, suggesting that the cut in interest rates has reversed the falling market  And speculation on an election announcement grows  Plus Endeavour’s poor result and whisky wars erupt in the UK And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is Fear and Greed - The Week Ahead, where Sean Aylmer and Stephen Koukoulas discuss the major events, reports and releases that provide insight into the economy this week (with a look back at the events of last week too).Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

The companies that powered a 54% surge on Wall Street over the past two years dipped into correction territory last week, led by a major slump in Tesla shares. And then Nvidia announced sales that exceeded expectations, and its share price finished the week 8% lower than where it started.Josh Gilbert, market analyst at social investment network eToro, joins Sean Aylmer in the studio to talk about the big tech companies, and whether the sector's golden run is over.This is general information only, and you should seek professional advice before making investment decisions.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guest: Damon Kitney Original air date: February 13, 2024 Original description: Late advertising and media veteran Harold Mitchell was - by all accounts - a larger than life personality. He built and sold a business for hundreds of millions of dollars - and was never short of an opinion or a headline. Damon Kitney, columnist at the Weekend Australian and author of The Fortune Tellers, talks to Sean Aylmer about the death of Harold Mitchell, the extraordinary businesses built around leaders like him, and what it means for a company and investors when success relies on a charismatic boss.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Fear & Greed colleague Adam Lang adjudicating.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  ASX closes down AUKUS stumps Trump Star close to collapse Harvey Norman’s strong result Trump-Starmer meeting Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Jo asks: "Recently you told us that ETFs are at an all time high and exchange-traded funds are set to have more than $300bn in funds under management by the end of 2025.. ETFs look like they are here to stay.How will the growing number of ETF products influence the landscape of stock markets globally and what will be the long term effects of this?Will there be downsides and risks associated with this shift throughout the economy and reflected in investor returns?"Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Friday 28 February 2025 Qantas reports a sharp jump in profit, thanks to Jetstar, as the government green-lights Qatar’s investment in Virgin.  And more, including: Coles outdoes Woolworths when it comes to sales growth.  And BP dumps its plans to become green.  Plus a warning from the RBA and Snowy Hydro runs into trouble.  And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Productivity in the workplace has dropped sharply in the last 12 months, with employees saying they're being asked to do more with less. Kylie Green, Managing Director APAC at Reward Gateway, talks to Sean Aylmer about their second annual Workplace Engagement Index, including why employees are prioritising workplace benefits and wellbeing over remuneration. They also discuss whether Australian workplaces are ready for five generations at the same time, as Generation Alpha prepares to start work.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  QAN, Coles results Capex disappoints Eagers’ soars Snowy troubles Nvidia impresses Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 27 February 2025 The Magnificent 7 tech stocks slump, led by Tesla, and cryptos are losing their shine. And more, including: Inflation prints inside the RBA’s target band, lifting hopes of more rate cuts.  And Westfield malls’ big plans to become residential hubs.  Plus Woolworths’ disappointing earnings and Richard White returns as king of Wisetech Global. And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Woodside Energy has a lot of oil and gas interests around the world, including some major projects in the US. Meg O'Neill, CEO of Woodside, talks about the company's results, and what the Trump administration's policies have meant both for Woodside and the broader industry.Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auYou can watch this interview hereFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  ASX flat Dutton under pressure Travel co’s struggle Profits Ukraine deal Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 26 February 2025 Investors grow increasingly nervous about the outlook for the share market on the back of mixed earnings results and volatility out of the US.   And more, including: Domino’s records its first loss in 20 years.  And the case of the stolen, golden toilet goes to court.  Plus plenty of earnings results and Donald Trump sides with Russia, over Europe. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - can ChatGPT save money on your family grocery bill? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Yesterday Nine Entertainment announced its half-year results, with a jump in its subscription businesses and an increase in revenue, but a sharp drop in profit in part due to the withdrawal of Meta's payments for local news.But much of the focus is away from Nine's core media business, and instead on the $2.7 billion offer for Domain, which is 60% owned by Nine.Tim Burrowes, co-owner and publisher of Mumbrella, talks to Sean Aylmer about what happens to Nine if it sells Domain, and the presence of green shoots in the advertising market.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  S&P closes lower China live-fire Nine profit falls Woodside jumps Viva profit tumbles Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Lisa asks: You mentioned on the podcast that the RBA Governor has committed to keeping cash in the economy, even though fewer people are using it, and it's getting uneconomical to move it around. Why are we so wedded to cash? Who is actually still using it? Why don't we just bite the bullet and go cashless. Surely we'll end up there one day anyway - so why not now?Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tuesday 25 February 2025 One of the market darlings of recent years, WiseTech Global, is in crisis after four independent directors, including the chair, resigned over differences around founder and former CEO Richard White. And more, including: Post-interest rate polls suggest opposition leader Peter Dutton has a chance of forming government.  And petrol and diesel sales in Australia hit record levels.  Plus Perpetual walks away from a $2.2b bid from private equity group KKR, and plenty of earnings results. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guzman y Gomez was the biggest float of 2024, but after announcing its half-year results last week it's copped a hammering from investors. But co-CEO Steven Marks remains very enthusastic about the outlook for the business, both in Australia and in the US - and his passion for the business comes through in this interview.Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auYou can watch this interview hereFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  ASX closes flat Lovisa disappoints Profit moves NextDC data download Hybrid push Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 24 February 2025 Reserve Bank boss Michele Bullock hints that the next cut in interest rates could be some way off.  And more, including: Both political parties promise to spend billions of dollars on Medicare, as the unofficial election campaign ramps up.  And last year’s wonder float on the ASX, Guzman Y Gomez, gets hammered over weak sales in the US.  Plus auction clearance rates bounce back and $2.4b worth of cryptocurrency is stolen from a major exchange.  Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is Fear and Greed - The Week Ahead, where Sean Aylmer and Stephen Koukoulas discuss the major events, reports and releases that provide insight into the economy this week (with a look back at the events of last week too).Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Last week Wesfarmers announced a jump in revenue and sales, largely thanks to the performance of its Bunnings and Kmart businesses. Today’s interview with Rob Scott, Managing Director of Wesfarmers, delves into all of it: from the extraordinary growth of Kmart’s Anko brand, and Bunnings pushing into pet care, right through to what went wrong with online retailer Catch, and what the arrival of Chemist Warehouse on the ASX means for Wesfarmers’ Priceline pharmacies.Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auYou can watch this interview hereFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guest: Mark Mentha Original air date: October 18, 2020 Original description: Sean Aylmer speaks to Mark Mentha, co-founder of KordaMentha.  They discuss Mark's career, including some of the famous restructings that Mark has been involved in, and look at the impact the COVID-19 pandemic will have on businesses in coming months.  Mark shares his 10 commandments for starting a business and his advice for a successful career. Update: This week KordaMentha was appointed administrators of the Whyalla steelworks, after running the previous administration of the steelworks in 2016.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Fear & Greed colleague Adam Lang adjudicating.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  ASX closes down US co targets Domain Bunnings boom QBE boosts profit Chinese warship strife Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Rachel asks: Something that's always bugged me about unemployment data. How do they know who's actually employed? Is it based on tax records, or do companies have to report new hires, or is there some other way of reporting? Or is it just an estimate? I'm curious.Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Friday 21 February 2025 There are plenty of jobs for everyone, it seems, which is good news for workers but it probably pushes out the next interest rate cut.  Canberra and South Australia to pony up $2.4 billion to save the Whyalla steelworks.  And Apple set to release a brand new “cheap” iPhone.  Plus profit results from Telstra, Wesfarmers, Rio Tinto and Fortescue Metals, and Donald Trump finally earns the ire of local politicians. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

BHP this week turned in a disappointing underlying profit of $8 billion for the second half of last year, off lower iron ore exports due to reduced steel demand from China. But increasingly, for BHP at least, the future is in copper.Vandita Pant, BHP’s Chief Financial Officer, talks to Juliette Saly from Ausbiz about the result and the outlook for the Big Australian.Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups. Sign up for free at ausbiz.com.auYou can watch this interview hereFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  Telstra goes mobile Banks tumble Bunnings boom Miners disappoint Transurban outperforms Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 20 February 2025 There’s life yet in the local property sector, with data centres, retail and office blocks finding investor favour.  And more, including: National Australia Bank’s profit disappoints, triggering a sell-off among Australia’s banks.  And KFC is leaving Kentucky.  Plus good news on the wages front and the Whyalla steelworks goes into administration. Join our free weekly newsletter here! And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This week's interest rate cut was a dose of good news for homeowners, and for many businesses too. But for SMEs the positivity may be short-lived.Patrick Coghlan, CEO of CreditorWatch, talks to Sean Aylmer about today's Business Risk Index, and why high interest rates and uncertainty can see good businesses stall.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  ASX closes lower CTM surges MinRes slumps Wage growth slows Trump threatens tariffs Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 19 February 2025 The Reserve Bank cuts interest rates for the first time in four years, but don’t hold your breath for another reduction.  BHP turns in a disappointing half year profit of $8 billion And why no one wants to be a middle manager anymore  Plus the ACCC pushes forward the Virgin-Qatar tie up and ten Aussie unis ranked in the top 300 in the world. Join our free weekly newsletter here - out every Wednesday! And don’t miss the latest episode of How Do They Afford That? - the script that can help you avoid a loyalty tax. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Yesterday the Reserve Bank board cut interest rates by 25 basis points, the first cut since 2020.But RBA Governor Michele Bullock has warned not to read too much into it - this isn't necessarily the start of a run of cuts.Gareth Aird, Head of Australian Economics at Commonwealth Bank, talks to Sean Aylmer about the decision, and why CBA still has a May rate cut pencilled in.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.  Cautious rate cut BHP disappoints Office pick up? Challenger tumbles Delta plane flips Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.