fear_and_greed

3m workers get 4.75pc pay rise; Kmart takes on IKEA; 3.5m Insta followers in 48 hours

Published June 02, 2026

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.