FEAR & GREED | Business News

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 jumps MYEFO update BHP-Rio-Bluescope deal Optus allegations Trump loss Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Lew asks: This might be a stupid question but can unemployment ever get close to 0%? Wouldn’t that be classed as ‘full employment’? Would appreciate a simplified explanation, if there is one.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 17 December 2024 Federal Treasurer Jim Chalmers announces a major shake-up for the Reserve Bank, appointing new members to the interest rate setting board.  And more, including: AI takes hold in corporate Australia A major oil spill off the coast of Russia Is bauxite the new iron ore?  Heatwave conditions down the east coast Plus don’t miss the latest episode of How Do They Afford That? - summer side hustles for adults and kids. 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.

Alterity Therapeutics is an ASX-listed company that’s focused on developing treatments for devastating conditions like Parkinson’s disease and Multiple System Atrophy.  And it’s a long way down the path with one of its treatments, having just completed its phase two clinical trial. Dr David Stamler, Chief Executive of Alterity Therapeutics, talks to Sean Aylmer about the path to developing new treatments, and what a successful treatment would mean for patients.   Alterity Therapeutics is a supporter of Fear & GreedFind 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.  Miners fall China economy disappoints Poll: coalition ahead of ALP MYEFO downgrade Pallas resigns Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 16 December 2024 Federal Treasurer Jim Chalmers says changes to the Reserve Bank could start happening today, adding an election early next year is unlikely.   And more, including: Melbourne, for one of the few times this year, is the strongest auction market over the last week Cash isn’t going anywhere  Plus Rio goes big into lithium and a mega fine for consulting group McKinsey for helping market opioids And don’t miss the latest episode of How Do They Afford That? - summer side hustles for adults and kids. 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.

There are many myths around financial advice - including who it's for, who uses it, and how much it costs. Fear & Greed is working with Vanguard to bust some of those myths.Libby Newman - Investment Specialist, Strategy and Research with Vanguard Australia - talks to Sean Aylmer about the value of advice, and how to find a good advisor.Vanguard is a supporter of this podcast. Vanguard Investments Australia Ltd and Vanguard Super Pty Ltd is the product issuer. Invest strong and steady with Vanguard. Visit vanguard.com.au for more information and to read the relevant PDS and TMD, and consider if a product is right for you before deciding. Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guest: Tim Fung, CEO and founder of Airtasker Original publication date: 4 June 2021 Original description: Sean Aylmer speaks to Tim Fung, the co-founder and CEO of gig economy platform Airtasker. Airtasker listed on the ASX in one of the most exciting IPOs of the year, having grown from humble beginnings in just 10 years. Update: Airtasker's share price has come off since this interview was recorded - from around $1.20 at the time of publication in 2021, to below 40 cents. This interview is general information only, and you should seek professional advice before making decisions.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.  Westpac AGM Nuclear costings Airport strikes AMP invests in Bitcoin Bain bids for Insignia Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Andy asks: I work very hard, you work very hard, pretty much everyone I know works very hard. Can you tell my why Australia's productivity levels are considered very low please?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 13 December 2024 Australia’s unemployment rate falls back to 3.9 per cent, pretty much wiping out any chance of an interest rate cut in coming months.  And more, including: The federal government will force social media giants to pay publishers hundreds of millions of dollars for content Elon Musk becomes the first person to be valued at over $US400 billion Virgin Australia begins selling long haul flights, putting some competition into the market, and private equity money hits the NFL in the US Plus don’t miss the latest episode of How Do They Afford That? - summer side hustles for adults and kids. 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 big banks are under pressure over their role in the energy transition - and fund manager Australian Ethical is now set to confront Westpac and NAB with resolutions at their AGMs.Alison George, Head of Impact and Ethics at Australian Ethical, talks to Sean Aylmer about why the resolutions are necessary, suggesting Westpac has made no progress in the last 12 months.Australian Ethical works with Blue Chip Communication, which is a supporter of this podcast.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 Nasdaq new high Childcare fight ACCC sues Ventia, Downer UN vote Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 12 December 2024 ASIC accuses the former directors of failed airline Regional Express, of misleading investors.  And more, including: Hundreds of retail employees to lose their jobs as a major retailer closes stores Elon Musk’s SpaceX is now worth more than half a trillion dollars Plus soaring coffee prices and tumbling business sentiment Plus don’t miss the latest episode of How Do They Afford That? - summer side hustles for adults and kids. 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.

AI in various forms has been around for a while, while certain applications are relatively new - for instance, ChatGPT just turned two. But is Australia falling behind on artificial intelligence? Are our businesses reluctant to fully embrace it?Damian Kassabgi, Chief Executive of the Tech Council of Australia, talks to Sean Aylmer about what's needed to ensure Australia remains at the forefront of technology - and our businesses maximise their productivity.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 slow Business sentiment tumbles Horror at Sydney attacks Foxtel sale New life brand Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 11 December 2024 The Reserve Bank has opened the door to a rate cut next year, saying inflation is falling.  And more, including: One of the biggest deals of the year is teetering on the brink after one of the company’s gets hit with a massive tax bill Google announces the most searched terms and issues for 2024 Plus plenty going on in markets and Rupert Murdoch fails to change the family trust Plus don’t miss the latest episode of How Do They Afford That? - summer side hustles for adults and kids. 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 left interest rates on hold, as expected. But one of Australia's most experienced RBA watchers thinks it might be a very long time before rates start coming down - much longer than previously predicted.Warren Hogan, Managing Director of EQ Economics and Economic Advisor at Judo Bank, talks to Sean Aylmer about the RBA meeting and his prediction for interest rates in 2025.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.  Cash rate on hold Pro-Medicus sell-off Flag furore WOW NZ problems Ad agencies unite Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Rachel asks: Why aren’t Australia’s interest rates as volatile as other parts of the world? The US, New Zealand - we’ve seen big moves up, but equally big moves down. Why does the same not happen here? 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 10 December 2024 The long term boss of ANZ retires, and the country’s fourth largest bank appoints a European banker with no experience in Australia. And more, including: The rate of casual employment picks up as the work from home phenomenon continues. And the global advertising industry set to push beyond $US1 trillion. Plus more on the terror attack at a Melbourne synagogue, and good and bad news in the latest Newspoll for Anthony Albanese. Plus don’t miss the final episode of The Property Pendulum, brought to you by Domain and Fear & Greed: seven steps to property nirvana. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Mark Carnegie is one of our best known investors - and also one of our most forthright. In this frank conversation with Sean Aylmer, Mark explains his view of cryptocurrencies, all the way through to the role Australia could play in an eventual trade war - and it all comes back to digital currencies.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 closes flat Aust-Nauru deal Nuclear costly Woollies $140m lost sales US strikes Syria Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 9 December 2024 Bad news for anyone heading overseas with the Aussie dollar hitting an eight month low. And more, including: Macquarie boss Shemara Wikramanayake tops the list of highest paid Australian company CEOs, making close to $30 million. And the world’s most visited church, Notre-Dame Cathedral in Paris, reopens. Plus Prime Minister Anthony Albanese declares the attack on a Melbourne synagogue terrorism, and how investors are trying to take advantage of the anti-woke movement. Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: seven steps to property nirvana. Get it 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.

Morningstar's 2025 Outlook report ranks Australia as one of the least favourable for investor opportunities. So where might investors look instead?Matt Wacher, Chief Investment Officer Asia Pacific at Morningstar, talks to Sean Aylmer about China, Korea, Europe, AI stocks and a range of other opportunities picked out by the Morningstar team.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.

Guest: Sally Auld, then-Chief Investment Officer at JBWere Original publication date: 4 April 2024 Original description: Gold and Bitcoin have both hit new records lately. But gold and crypto have traditionally been seen as occupying opposite ends of the risk spectrum. Sally Auld, Chief Investment Officer at JBWere, talks to Sean about why the two assets are surging - and how investors might look at them. General information only. Seek professional advice before making investment decisions. Update: This week Sally Auld was announced as the new Chief Economist at National Australia Bank. And despite plenty changing since this interview was recorded (inflation heading down, Donald Trump being elected) both Bitcoin and gold are at or near record levels once again.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. Miners fall Synagogue bombing deliberate Iluka tumbles Kmart reshuffle Tsunami fear in California Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Daniel asks: Why do we still have 3 year terms for the prime minister. I know Albo has pushed for 4 years but even then, I feel like that isn’t enough. It encourages short sighted plans because its results driven so they can get re-elected. But 3-4 years sometimes isn’t enough if you really want to plan for proper change. Could a 6 year term work? 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 6 December 2024 Bitcoin pushes beyond $US100,000 a unit for the first time. And more, including: Federal Treasurer Jim Chalmers says there will be no big spending initiatives in the upcoming budget review. Sydney falls down the ranks of best places to live. Plus the boss of Wesfarmers warns on industrial disputes and Rio Tinto under pressure to change its structure. Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: seven steps to property nirvana. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Retail in Australia is changing. In the last month, online retailer Temu overtook eBay, putting more pressure on local operators like Kogan and The Iconic. Ben Dixon, CEO of consumer data and research company Fonto, talks to Sean about the changing nature of retail, including the online marketplaces and the rise of Aldi.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 higher RIO pressure SME IR laws AUKUS championed French PM dumped Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 5 December 2024 Economic growth slows to its lowest level in more than 30 years, outside the pandemic. And more, including: Commonwealth Bank backflips on new fees Black Friday sales jump as customers plan for Christmas Plus plenty on markets and an extraordinary 24 hours in South Korea Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: seven steps to property nirvana. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Buying and selling property is full of little challenges - things that could be streamlined to make research easier, bidding at auction easier, downsizing or upsizing easier. Alice Stolz, National Property Editor at Domain, and Fear & Greed's Michael Thompson put together the list of seven ways to improve the property market in Australia - if only they had a magic wand.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. GDP disappoints Tabcorp cuts Women invest fund Pro Medicus relief Rio copper deal Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 4 December 2024 The local sharemarket tops 8500 points for the first time ever. The founder of buy now, pay later group Zip Co cashes in and heads off to do his own thing A judge in the US, once again, knocks back a $US56 billion payday for Elon Musk Plus more on the strike by Woolies warehouse workers and why Qantas loves baby boomers Plus don’t miss the latest episode of How Do They Afford That? - how to get financial balance in your life. 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.

Vinyl Group is Australia’s only ASX-listed music company, worth between $120m and $140 million - and on an acquisition spree.It now includes online record store Vinyl.com, music credits business Jaxsta, music industry social network Vampr, Web3 collectibles platform Serenade, and publishing businesses The Brag Media and Mediaweek. It also boasts high profile backers like WiseTech Global founder Richard White.Vinyl Group CEO Josh Simons takes Sean Aylmer through Vinyl's business model, and how he went from a musician, to a start-up founder, to running an ASX-listed company.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. Large caps shine Trade surplus falls Law goes consulting KFC owner dives Intel CEO quits Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Linus asks: Each weekday the markets refer to the ASX open via the ASX/SPI futures [futures contracts]. But what are the actual futures contracts - what constitutes "futures contracts" and what do they measure? Or perhaps more correctly, how do the futures manifest themselves as a points measurement? I'm presuming there is an index that allows a "points" measure to be compared on a moving basis day to day. 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 3 December 2024 Good news on both the retail and building fronts. And more, including: Northern Star bids $5 billion for the country’s best undeveloped gold miner No end in sight for the Woolworths warehouse workers who aren’t stocking shelves Plus plenty going on in markets and police thwart the largest ever cocaine importation into Australia Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: the hottest trends in homes right now. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

The M&A market has bounced back in the last year, with the highest number of deals recorded in over a decade.Sandy Mak, Head of Corporate at Corrs Chambers Westgarth, talks to Sean Aylmer about the firm's M&A report, the sectors that overdelivered, the role of international bidders, and why the next 12 months are looking promising too.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. Gold miner deal Metcash results Luna Park sold Drug bust Energy bill trouble Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 2 December 2024 The house price boom in Australia is over, with Sydney and Melbourne both going backwards last month. And more, including: Prime Minister Anthony Albanese hints that the federal election won’t be until well into next year The number of COVID cases surge Plus the ACCC green lights the Qatar-Virgin tie up, and Donald Trump threatens 100pc tariffs on some countries. Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: the hottest trends in homes right now. Get it 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 big banks this year reported total cash earnings of $30.7 billion. While that’s down more than 5% from last year’s record high, it remains one of the sector’s best results in years. But banks are becoming simpler and more streamlined organisations - so where does future growth come from?Sam Garland, Banking and Capital Markets Leader at PwC Australia, talks to Sean about his analysis of the 2024 results, and what lies ahead for the banks and their customers across both business and personal banking.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guest: Michael 'Wippa' Wipfli Original publication date: 10 June 2024 Original description: Currently, children can have their own profiles on most platforms from the age of thirteen. But there's a major push to have that age increased to sixteen through federal legislation. The campaign is called 36 Months, representing the three years between 13 and 16. Sean Aylmer talks to the driving force behind 36 Months, radio presenter Michael Wipfli, better known as Wippa - one third of the Nova Sydney breakfast show, Fitzy & Wippa with Kate Ritchie. Update: The social media ban for kids under 16 passed parliament on Thursday night. It had bipartisan support, but many experts and advocates have raised concerns that it was rushed through. It was referred to committee for one day, in which time 15,000 submissions were received. The passage of the legislation is now making news worldwide.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.