BUSINESS

telstra's bruising week, the iran conflict flares up again, china launches a missile, and the nrl does the biggest media rights deal in australia's history.

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.

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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 breaks losing streak

2. telstra ceo apologies for outage

3. corporate wrap: bravura, wisetech, nextdc

4. derryn hinch dies aged 82

5. iran attacks us military infrastructure

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friday 10 july 2026

financial markets fear another bout of inflation after the escalation of attacks in the middle east. 

• australia set to sell uranium to india
• telstra scrambles to contain the fall-out from wednesday’s outage
• nvidia agrees to invest nearly $3 billion into a local data centre operator, so it can buy nvidia chips
• uk politics gets wilder, and whackier

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and don’t miss the latest episode of how do they afford that? - how to fix a broken budget. get the episode from apple, spotify or anywhere you listen to podcasts.

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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 off 0.3pc on iran conflict

2. telstra hit by second fault

3. imf downgrades growth forecast

4. pauline hanson meets with uk activist

5. who predicting rise in cancer cases

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thursday 9 july 2026

a broken timer in telstra’s system creates a nationwide outage, highlighting australia’s vulnerability to tech glitches. 

• donald trump says the deal to end the war with iran is over.
• the reserve bank chief economist warns of a period of higher unemployment
• rents across the nation rise by their most in two years
• sydney and melbourne ranked in the top five of the world’s most liveable cities

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and don’t miss the latest episode of how do they afford that? - how to fix a broken budget. get the episode from apple, spotify or anywhere you listen to podcasts.

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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. iran strikes push oil up

2. telstra outage

3. corporate wrap: resmed, adairs, atlas arteria

4. prince harry loses phone hacking case

5. trump claims walmart price credit

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wednesday 8 july 2026

nine entertainment and foxtel sign the biggest sports broadcasting deal ever, inking a $5.3 billion, seven year agreement for national rugby league rights. 

• wisetech founder and billionaire richard white steps down from the top job at the software group, again. 
• a small melbourne-based biotech asked by uganda to send over its anti-viral drug to treat ebola. 
• prime minister anthony albanese demands an answer from beijing over monday’s ballistic missile launch. 
• us president donald trump has another crack at italian pm giorgia meloni ahead of the nato summit.

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and don’t miss the latest episode of how do they afford that? - how to fix a broken budget. get the episode from apple, spotify or anywhere you listen to podcasts.

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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 off 0.3pc

2. anthropic seeking data contracts

3. netwealth aims to double funds

4. trump admits calling fifa boss

5. china official’s $us300m bribe

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tuesday 7 july 2026

the gold sector is set for a shake-up with a $12.6 billion merger under consideration. 

• the commonwealth bank warns that the slumping housing sector could replace the middle east war as the main obstacle for the local economy
• australia does a deal with fiji, as china tests a nuclear capable long range missile 
• meta defends its business model that allows racist and sexist commentary on its platform
• why sbs is the winner at the fifa world cup

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and don’t miss the latest episode of how do they afford that? - six goals for the new financial year. get the episode from apple, spotify or anywhere you listen to podcasts.

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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. miners, banks sold off

2. china launches missile in south pacific

3. ifm investors increases atlas stake

4. pm apologies for kylie minogue comments

5. trump’s alleged fifa intervention

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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