BUSINESS

tuesday 25 february 2025

one of the market darlings of recent years, wisetech global, is in crisis after four independent directors, including the chair, resigned over differences around founder and former ceo richard white.

and more, including:

• post-interest rate polls suggest opposition leader peter dutton has a chance of forming government. 
• and petrol and diesel sales in australia hit record levels. 
• plus perpetual walks away from a $2.2b bid from private equity group kkr, and plenty of earnings results.

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guzman y gomez was the biggest float of 2024, but after announcing its half-year results last week it's copped a hammering from investors. but co-ceo steven marks remains very enthusastic about the outlook for the business, both in australia and in the us - and his passion for the business comes through in this interview.

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 for free at ausbiz.com.au

you can watch this interview here

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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. 

1. asx closes flat

2. lovisa disappoints

3. profit moves

4. nextdc data download

5. hybrid push

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monday 24 february 2025

reserve bank boss michele bullock hints that the next cut in interest rates could be some way off. 

and more, including:

• both political parties promise to spend billions of dollars on medicare, as the unofficial election campaign ramps up. 
• and last year’s wonder float on the asx, guzman y gomez, gets hammered over weak sales in the us. 
• plus auction clearance rates bounce back and $2.4b worth of cryptocurrency is stolen from a major exchange. 

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and don’t miss the latest episode of how do they afford that? - the script that can help you avoid a loyalty tax. 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).

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last week wesfarmers announced a jump in revenue and sales, largely thanks to the performance of its bunnings and kmart businesses. today’s interview with rob scott, managing director of wesfarmers, delves into all of it: from the extraordinary growth of kmart’s anko brand, and bunnings pushing into pet care, right through to what went wrong with online retailer catch, and what the arrival of chemist warehouse on the asx means for wesfarmers’ priceline pharmacies.

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 for free at ausbiz.com.au

you can watch this interview here

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

see omnystudio.com/listener for privacy information.

guest: mark mentha

original air date: october 18, 2020

original description: sean aylmer speaks to mark mentha, co-founder of kordamentha.  they discuss mark's career, including some of the famous restructings that mark has been involved in, and look at the impact the covid-19 pandemic will have on businesses in coming months.  mark shares his 10 commandments for starting a business and his advice for a successful career.

update: this week kordamentha was appointed administrators of the whyalla steelworks, after running the previous administration of the steelworks in 2016.

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sean aylmer and michael thompson go head to head on the top business stories of the week, with fear & greed colleague adam lang adjudicating.

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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. 

1. asx closes down

2. us co targets domain

3. bunnings boom

4. qbe boosts profit

5. chinese warship strife

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

see omnystudio.com/listener for privacy information.

listener rachel asks: something that's always bugged me about unemployment data. how do they know who's actually employed? is it based on tax records, or do companies have to report new hires, or is there some other way of reporting? or is it just an estimate? i'm curious.

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.