BUSINESS

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 drops 1.1pc on conflict, iron ore

2. spacex ipo details revealed

3. snowy hydro may miss deadline

4. corporate wrap: treasury wine, asx ltd, alinta energy

5. john laws auction raises $4.6m

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thursday 4 june 2026

the australian economy slows as interest rates and fuel costs bite. 

• electrified vehicles comprised almost 50 per cent of all new vehicles sold last month 
• bitcoin tumbles as global investors head towards us tech stocks
• luxury brands hermes and chanel defy the spending downturn in australia
• elon musk’s spacex ready for ipo liftoff

we’re running a short survey to hear from you, with the team at fonto. it only takes a few minutes, and you can be in the running to win a $3,000 luxury escapes voucher.

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and don’t miss the latest episode of how do they afford that? - should you get an ev on a lease? get the episode from apple, spotify, or anywhere you listen to podcasts.

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

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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 up as gdp fuels rate hopes
2. morrison backs subs plan
3. corporate wrap: maggie beer, ingenia, megaport
4. kpmg scandal escalates
5. google’s plan to release mosquitos

we’re running a short survey to hear from you, with the team at fonto. it only takes a few minutes, and you can be in the running to win a $3,000 luxury escapes voucher.

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

see omnystudio.com/listener for privacy information.

wednesday 3 june 2026

almost three million workers will receive a pay rise of at least 4.75 per cent, but economists warn the increase could lead to higher interest rates. 

• an activist investor takes on australia’s biggest gold stock
• kmart vs ikea in homewares
• insurers report a doubling of requests for ev coverage
• the kiwi footballer whose instagram account went from less than 5,000 followers to 3.5 million in two days

we’re running a short survey to hear from you, with the team at fonto. it only takes a few minutes, and you can be in the running to win a $3,000 luxury escapes voucher.

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? - should you get an ev on a lease? 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 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. retailers slip after wage ruling

2. dwelling approvals drop

3. call to overhaul copyright law

4. corporate news wrap: atlas arteria, nine, collins foods

5. us discussing nuclear expansion

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

see omnystudio.com/listener for privacy information.

tuesday 2 june 2026

local tech stocks surged yesterday, but the sector remains the worst performer on the asx, in sharp contrast to many other global markets. 

• broadcasters battle to win the rights to the national rugby league
• australian universities drop down global rankings
• a poll says one nation is now the most popular political party in the country
• how ford motors pivoted away from cars and triggered a surge in its share price 

we’re running a short survey to hear from you, with the team at fonto. it only takes a few minutes, and you can be in the running to win a $3,000 luxury escapes voucher.

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? - what are you actually working for? 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 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 flat as tech surges

2. one nation most popular party

3. peter warren tumbles 25pc

4. corporate wrap: lendlease, cettire, droneshield

5. nvidia announces new chip

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

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monday 1 june 2026

house prices across the country flatline, while in sydney and melbourne they fell sharply last month.

• the aussie dollar pushes back above 72 us cents and is riding high against many global currencies
• local politicians told not to have confidential discussions in chinese made evs. 
• the use of debit cards is declining
• a cia official accused of stealing $303 million worth of gold bars from the organisation

we’re running a short survey to hear from you, with the team at fonto. it only takes a few minutes, and you can be in the running to win a $3,000 luxury escapes voucher.

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? - what are you actually working for? 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.

good news on inflation, the government launches a $2 billion lawsuit, plans for a moon base, and companies dealing with unexpected changes of plans. sean aylmer and michael thompson go head to head on the top business stories of the week, with adam lang picking a winner in a fierce debate.

join our free daily newsletter here.

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

see omnystudio.com/listener for privacy information.

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 up 1.6pc

2. reports of ceasefire agreement

3. kpmg chief exec quits

4. tony abbott new liberal council president

5. blue origin rocket explodes

join our free daily newsletter here.

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

see omnystudio.com/listener for privacy information.