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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 4 September 2024 The federal government has been forced to backtrack after appearing to blame the RBA for the floundering economy And more, including: More than half of Australians are running out of cash before payday Huawei and Apple are going head-to-head with their next new device releases And the new flexible working trend ‘chronoworking’ is getting some local fans Plus, don’t miss the latest episode of How Do They Afford That? - saving for a house deposit faster. 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 energy transition is the most significant engineering project we have seen. It is estimated to take decades and $320 billion. However, a recent KPMG study suggests only one in four Australians has heard of the energy transition.Mark Collette is Managing Director of EnergyAustralia, one of the nation’s biggest energy retailers, with 1.6 million customers. He talks to Sean Aylmer about the challenges ahead and the need to bring about change while keeping the lights on and bills down.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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Benjamin asks: "In your newsletter last week you said the right to disconnect will change the way we work - because workplaces will be forced to have better communication around what’s expected. I manage a team within a larger organisation and want to get ahead of this. How best to do it? Is it an all-in meeting, so that everybody knows the ground rules for the workplace? Or one on one?"Join Adam Lang & 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 September 2024 Prime Minister Anthony Albanese goes on a WA spending spree, in a sure sign an election is not too far away. And more, including: REA Group weighs up a $9b bid for a UK property portal Home building starts to bounce back, with 10% increase in new dwellings approved in July And the US presidential election is set to break advertising records with Kamala Harris going big on digital Plus don’t miss the latest episode of How Do They Afford That? - ten money myths busted. 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.

Nearly 90 per cent of Australian business leaders expect risk and security issues to worsen in the next 12 months.The new Risk and Security Report from McGrathNicol Advisory explores what local business leaders think about risks, including geopolitical threats, insider risk, cybersecurity and more.Sean Aylmer talks to McGrathNicol partner, Head of Advisory Matt Fehon AM, and Partner (Forensic) Sara Deady.McGrathNicol is a supporter of Fear & Greed.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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 2 September 2024 Property values increased in August but Melbourne has fallen behind. And more, including: Economists say we’re in our worst growth period since the 1990s recession The art market is suffering a major price crunch And AI dating is now on the scene Plus don’t miss the latest episode of How Do They Afford That? - ten money myths busted. 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.

Adam Lang and EY Chief Economist Cherelle Murphy discuss the major events, reports, and data releases that provide insight into the economy this week (and also look back at last week's events).Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Nine Entertainment is a fascinating company. It owns some of Australia's most recognisable media outlets, from free-to-air TV to newspapers and radio stations. But it's also battling digital giants like Meta and Google for a share of the advertising market it once dominated.Last week, the company announced a slump in profits to $216.4 million. CEO Mike Sneesby spoke to Andrew Geoghegan from Ausbiz about the result, cutting costs, and the outlook for TV audiences.Ausbiz is Australia's leading provider of live and on-demand video for the latest news in Australian business, markets, economy and startups. Sign up at ausbiz.com.au - it's free.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guest: Daniel Petre AO, co-founder of Airtree Ventures Original publication date: 5 July 2021 Original description: Sean Aylmer speaks to Daniel Petre AO, co-founder of venture capital firm AirTree Ventures, about the state of the start-up scene in Australia. They also discuss what AirTree is looking for in a potential investment. Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Adam Lang and Michael Thompson go head to head on the top business stories of the week, with special gurst Tim Burrowes 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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Friday 30 August 2024 Australia’s bank bosses tell MPs their customers are under significant strain. And more, including: Qantas profits slow as the post-lockdown travel boom eases Australian Energy Market Operator slashes its EV forecast for Australia And Berkshire Hathaway hits US$1 trillion in value just in time for Warren Buffett’s 94th birthday Plus don’t miss the latest episode of How Do They Afford That? - ten money myths busted. 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.

Scams are becoming more common, more advanced, and more deceptive. But banks are working together to stop customers losing money - and they're using technology to do it.Shaq Johnson, Head of Customer Protection at ANZ, talks to Sean Aylmer about Scams Awareness Week, and the huge steps being taken to protect customers' money.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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Rebecca asks: Can you explain the wealth effect? We’ve had house prices rising, but people are spending less - so does that mean the wealth effect doesn’t always 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.

Thursday 29 August 2024 Inflation creeps down but it’s not clear if it’ll be enough to convince the RBA. And more, including: Nine Entertainment suffers a big profit blow as the TV ad market flops. Sales rise at Woolworths, with prices still trending up And China’s biggest retailer JD.com plans a major share buyback amid economic slowdown fears Plus don’t miss the latest episode of How Do They Afford That? - ten money myths busted. 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 oil and gas producer Woodside Energy announced an underlying profit of $US1.6 billion for the six months to the end of June.Woodside CEO Meg O’Neill talks to Juliette Saly from ausbiz on the company's major projects underway, including the $12.5b USD Scarborough LNG project in WA, and the outlook for the $30 billion Browse development.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 at ausbiz.com.au - it's free.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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 28 August 2024 BHP announces a $20 billion underlying profit and looks ready to acquire more assets. And more, including: The federal government introduces new caps for international students Guzman y Gomez announces its first results as a listed company And why the cost-of-living crisis is helping Coles Plus don’t miss the latest episode of How Do They Afford That? - ten money myths busted. 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 mining giant BHP handed down its full year profit, highlighting just how important iron ore is to the business, and how efficient they are at mining it. Andrew Geoghegan from Ausbiz speaks with Vandita Pant, BHP’s Chief Financial Officer, about the company’s results, iron ore assets, steel demand in China, the success of the copper business, and the failed bid for Anglo-American.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 at ausbiz.com.au - it's free.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 Woodside ups energy spending Austal’s $US24m fine Short stay levy Temu founder’s fortune tumbles Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Luke asks: Is it just me, or are markets way off in pricing in rate cuts, more so than normal? I’m not old enough to have paid much attention to market changes prior to 2014, but it seems that the COVID pandemic was completely unprecedented and the shock waves are unable to be managed as a result. We have high inflation, strong eco growth, good unemployment numbers, decent real estate and people still have plenty of money to spend (less and less each month however). Is this normal historically? 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 27 August 2024 The government outlines its plans for an overhaul of the Australian aviation sector. And more, including: Companies are grappling with the new ‘right to disconnect’ laws introduced this week The cost-of-living crisis hits the humble chicken schnitty And IKEA takes on eBay Plus don’t miss the latest episode of How Do They Afford That? - six side hustles you may not have considered. 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 the new 'right to disconnect' came into effect, changing the way workplaces can engage with employees outside of normal working hours.Amanda Lyras, partner in the Workplace Relations, Employment and Safety team at Clayton Utz, talks to Sean Aylmer about what businesses need to do to comply with the new rules.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. Banks lead market PM heads to Tonga Bendigo disappoints Lithium troubles Viva refinery booming Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 26 August 2024 Variable home loan rates start to fall just as the spring selling season kicks off. ANZ hit with an extra $250 million capital charge Chicken might be the number one protein consumer in Australia, but sales are slowing And digital X-rays find the second biggest diamond ever discovered Plus don’t miss the latest episode of How Do They Afford That? - six side hustles you may not have considered. 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.

Sean Aylmer and EY Chief Economist Cherelle Murphy 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's still a week to go, but reporting season has already thrown up some great success stories (and a few misses).Roger Montgomery, founder and Chief Investment Officer at Montgomery Investment Management, talks to Sean Aylmer about Breville, ARB, CSL and more. You can sign up for Roger’s insights at www.rogermontgomery.com, or visit www.montinvest.com for more information. This is general information only, and you should seek professional advice before making investment decisionsFind out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Guest: Daniel Petre AO, philanthropist and co-founder of Airtree Ventures Original publication date: 15 June 2021 Original description: Sean Aylmer speaks to Daniel Petre AO, philanthropist and founder of Airtree Ventures, about why Australians aren't very good at philanthropy - and whether an inheritance tax can encourage wealthy individuals to donate while they're still alive.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 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 flat RBA rules ANZ hit with $250m fine Healthcare surge Harris accepts nomination Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Friday 23 August 2024 Kamala Harris attracts some very big name supporters as the fight for US President officially kicks off. And more, including: The boss of the ABC quits just 14 months into a new contract. Nippon Steel says Queensland Government’s royalties grab influenced its decision to spend $1 billion on a stake in a coal mine And Ford dumps its big plans for electric vehicles Plus don’t miss the latest episode of How Do They Afford That? - six side hustles you may not have considered. 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.

Westfield operator Scentre Group this week outlined a strong result across its 42 malls, more than doubling first half net profit. Customer visits are up significantly, and the group is now striking leasing deals with retailers at levels above their previous rents.Juliette Saly from Ausbiz speaks with Scentre Group CEO Elliott Rusanow about the results, about repurposing mall space previously used by David Jones, and the lasting impacts of the Westfield Bondi stabbing attacks.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 at ausbiz.com.au - it's free.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 rises again BoQ sacks 400 Stockland home build Travellers like Medibank Fed on rates Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Shalyce asks: Guys, can I ask a question about bonds. Does yield = the amount of interest a bond pays you? If you buy a 10 year bond at say 5%, does that yield stay consistent? Eg, you’re guaranteed to get 5% every year for the full 10 years?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 22 August 2024 The federal government gets busy passing legislation on the NDIS and renewables while giving staffers a pay rise. And more, including: Tech darling Wisetech Global’s share price surges after it reports earnings Domino’s Pizza disappoints investors And Barack Obama brings some pizazz to the Democratic National Convention Plus don’t miss the latest episode of How Do They Afford That? - six side hustles you may not have considered. 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 Domino’s Pizza announced its full year results, showing strong growth in the local market - but some of the key overseas markets underperforming.Juliette Saly from Ausbiz spoke with Domino’s Chief Executive Don Meij about the results - from the overseas markets facing the most pressure, to competition from the fast-growing Guzman y Gomex, and even the impact of weight loss drugs like Ozempic on the outlook for the business.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 at ausbiz.com.au - it's free.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. Results dominate Breville boom Insurance premiums to rise Santos profit Ukraine attacks Moscow Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 21 August 2024 The Reserve Bank is worried that a pick-up in economic growth could undermine efforts to reduce inflation. Australia and Indonesia sign a major new defence cooperation pact Joe Biden and Kamala Harris get hero receptions at the Democratic national convention And the vintage car market crashes Plus don’t miss the latest episode of How Do They Afford That? - six side hustles you may not have considered. 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.

Ten years of credit card data shows Australians are becoming smarter with card usage, reducing their interest-accruing debt. But with the rise of Buy Now Pay Later services, there's a growing concern that this debt is simply shifting to less regulated platforms.Rachel Wastell, personal finance expert at financial comparison site Mozo, talks to Sean Aylmer about the research, and a new polarising trend in credit cards.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. Earnings dominate Electoral roll surges Dexus dumped Ansell rebound Yancoal drops dividend Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Listener Paul asks: I have a question for you about ETFs. How much of the overall market is owned by ETFs and as they become more popular will they reach a point where they are driving the share price of individual companies either up or down?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 20 August 2024 Get ready for a big jump in insurance premiums, in part due to leaky pipes. Gaza and the CFMEU dominate parliament Federal Police called in to Rex dispute And would you pay to attend a friend’s wedding? Plus don’t miss the latest episode of How Do They Afford That? - financial advice for the budget-conscious. 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.

Gold is trading at record highs of more than $US2,500 an ounce. It's seen as a safe haven - but lately, the gold price has been a little unusual.Vivek Dhar, Director of Mining and Energy Commodities Research at Commonwealth Bank, talks to Sean Aylmer about why it's time to view gold less as a commodity, and more like a currency. He also explains the fluctuations in oil and iron ore prices.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. Market rises Ampol to cut back on EV charging Leandlease $1.5b loss Bluescope steel warning A2 tumbles Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 19 August 2024 Earnings season is in full swing with companies reporting solid results, as the Reserve Bank repeats that rates won’t change this year. And more, including: National Australia Bank warns on bad loans The spring selling season nears And Kamala Harris is set to front the Democratic National Convention this week Plus don’t miss the latest episode of How Do They Afford That? - financial advice for the budget-conscious. 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.