fear_and_greed

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Daily business news

for people who make their own decisions.

Behind every story is Fear & Greed. What distinguishes volatility and opportunity. Prosperity or peril. We take you to the heart of the story because when you know why, you know what’s next.

Voters reject Trump policies; DJs set to fall into administration; AI isn’t causing job losses

Thursday 5 November 2026

Donald Trump’s Republican Party loses control of Congress, as voters reject the President’s war in Iran. 

  • Department store David Jones set to fall into administration
  • AI isn’t causing job losses … yet
  • Australia approves its first GLP-1 weight-loss pill
  • Uber loses a High Court appeal meaning its contractors will be treated as workers

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That? - a mortgage survival guide. 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.

Afternoon Report | Democrats sweep US midterms

This is the Fear & Greed Afternoon Report - everything you need to know right now.

Today, the Democrats seize control of the US Senate and look set to win the House of Representatives in a devastating result for Donald Trump. Michael Thompson looks at what it means for the President's remaining two years in office, and how financial markets are reacting.

Plus, the big four banks pass on the RBA's rate hike, Australia pushes for changes to British backpacker visas, and Canva announces major job cuts.

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Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Rate hike and more to come?; Anthropic float hits Australia; one man’s 50,000km walk

Wednesday 4 November 2026

The Reserve Bank lifts interest rates and leaves open the possibility of another hike. 

  • The social media ban for under-16 years olds heads to the High Court
  • Retail investors get invited to the Anthropic float
  • The US mid-term election is in full swing
  • Amid all the tough times, a story of resilience about a man who walked 50,000 km from the very south of South America to the UK… and it only took him 28 years

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That? - a mortgage survival guide. 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.

Afternoon Report | Special edition: RBA hikes rates

This is a special edition of the Fear & Greed Afternoon Report, following the decision by the RBA board to increase the official cash rate to 4.85 per cent - an 18-year high.

 

Economist Stephen Koukoulas joins Michael Thompson to look at the market reaction, what it means for the chance of a recession, and whether rates have now hit their peak.

 

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Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Westpac: house prices to fall 11pc; RBA rate hike imminent; election day for Trump

Tuesday 3 November 2026

Westpac predicts house prices will fall 11pc after announcing a $6.8 billion profit.

  • This afternoon, the Reserve Bank is set to lift interest rates for the fifth time this year
  • A large American group wants to buy the owner of Rip Curl and Kathmandu
  • AI triggers a surge in cyber-attacks
  • The US goes to the polls tonight, with tipsters predicting big losses for Donald Trump’s Republican Party

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That? - where to start with messy money. 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.

Afternoon Report | ASX falls ahead of RBA rate decision

This is the Fear & 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.

  1. ASX falls ahead of RBA rate decision

  2. Labor support slumps in Newspoll

  3. Scotland's $426m Commonwealth Games boost

  4. Clive Palmer charge dropped

  5. Nine killed in Florida plane crash

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House price slump; RBA to lift rates; Aussies shift from veg to fruit (& energy drinks)

Monday 2 November 2026

House prices fall for a seventh month in succession and are now dropping at the fastest pace in at least 40 years.

  • All the major banks now expect a rate hike at tomorrow’s Reserve bank board meeting
  • Aussies are off vegetables, but loving oranges, kiwifruit and grapes
  • Federal finance minister Katy Gallagher says the Cabinet is under pressure to find cost savings
  • The US mid-term elections this week will decide how powerful Donald Trump will be in the final two years of his term

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That? - where to start with messy money. 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 Saturday Edition | 31 Oct 2026

The Saturday Edition brings together the serious, the surprising and the slightly ridiculous stories of the week.

This week: could another interest rate rise tip Australia into recession? Why Anthropic’s IPO could be a make-or-break moment for the AI boom; whether David Jones and Myer are becoming endangered species; and the surprising reason Australians are spending half a billion dollars on Halloween. Plus, some very expensive guilty pleasures.

Sean Aylmer and Michael Thompson go head-to-head, with Adam Lang picking the winner.

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Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Afternoon Report | Retail strife

This is the Fear & 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.

  1. ASX closes up

  2.  Coles disappoints

  3.  Recession warning

  4.  David Jones’ struggles

  5.  Binance hack

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Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Retailer pain as rates rise; 5 MPs ejected in Canberra chaos; Alphabet, Microsoft results

Friday 30 October 2026

High interest rates and the cost-of-living crisis hits some of the country’s largest retailers. 

  • The corporate regulator undertakes inquiries about the failed Firmus technologies float, focusing on its bankers
  • A chaotic day in parliament results in five MP’s being ejected during Question Time
  • One of the doyens of the New York Stock exchange, General Motors, moves to the Nasdaq
  • Alphabet and Microsoft’s profit results trigger very different responses from investors

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That? - where to start with messy money. 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.