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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.

Coalition fall-out deepens; CBA leads ASX towards record; Qantas retakes top position

Thursday 22 May 2025

The fallout from the split in the coalition deepens with Labor set to gain most. 

And more, including:

  • Commonwealth Bank hits a record high, again, as the ASX heads towards a new record. 
  • The gender pay gap in the public sector improves, but is still real. 
  • Fortescue boss Andrew Forrest warns on China dumping Aussie iron ore.
  • Qantas retakes the top spot in terms of domestic passengers. 

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Interview: Don't write the Coalition off just yet

This week the federal coalition fell apart in spectacular fashion, with the Liberals and Nationals splitting for only the third time in their 80 year history. But they've had plenty of other scraps in between. 

Tom Switzer, executive director at the Centre for Independent Studies, talks to Michael Thompson about what drove the break-up, and why the situation may not be as dire as many suggest.

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Afternoon Report | CBA surge

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 rises

  2. Wages no threat

  3. Hardie defence

  4. Webjet profit

  5. Musk defence

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Ask Fear & Greed: How do you ask your lender for a better rate?

With interest rates coming down, how do you ask your lender for a better rate? 

Join Sean Aylmer & Michael Thompson as they answer questions on business, investing, economics, politics and more.

If you have your own question for Ask Fear & Greed, get in touch via our websiteLinkedInInstagram or Facebook!

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RBA open to another rate cut; Coalition splits; Telstra hikes phone plan prices

Wednesday 21 May 2025

The Reserve Bank cuts interest rates and leaves the door open for further reductions. 

And more, including:

  • The Liberal and National Parties split, ending the coalition agreement between the two conservative parties. 
  • And Telstra moves to lift prices on phone plans. 
  • Rio pushes hard into lithium.
  • Netflix saves Sesame Street. 

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And don’t miss the latest episode of How Do They Afford That? - investing in volatile markets. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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Interview: Why CBA thinks two more cuts might come soon

Yesterday the Reserve Bank cut the official cash rate by 25 basis points.

It was widely expected, with all four big banks quickly passing on the rate cut to customers. But there’s still plenty of uncertainty over the economic outlook. 

Luke Yeaman, Chief Economist at Commonwealth Bank, talks to Sean Aylmer about the decision, whether inflation is now under control, and whether we will see any more rate cuts this year.

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Afternoon Report | RBA cuts rates

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 higher

  2. AustralianSuper buys into coal

  3. TechnologyOne soars

  4. Kogan slumps

  5. Trump-Putin meeting

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Ask Fear & Greed: Who loses when rates are cut?

Who are the losers when interest rates are cut?

Join Sean Aylmer & Michael Thompson as they answer questions on business, investing, economics, politics and more.

If you have your own question for Ask Fear & Greed, get in touch via our websiteLinkedInInstagram or Facebook!

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

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CBA, Telstra, Wesfarmers hit highs; RBA rate cut likely; Biden cancer diagnosis

Tuesday 20 May 2025

Commonwealth Bank, Telstra, Wesfarmers and others hit record, or multi-year, highs despite the market turmoil. 

And more, including:

  • The Reserve Bank set to announce an interest rate cut today. 
  • Global leaders respond to Joe Biden’s cancer diagnosis. 
  • Claims Telstra inflated its coverage area.
  • Labor’s superannuation policy comes under scrutiny.

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And don’t miss the latest episode of How Do They Afford That? - how to use an interest rate cut to get on top of debt. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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

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Interview: What a rate cut means for housing affordability

With the Reserve Bank widely tipped to deliver an interest rate cut this afternoon, it's worth a look at the broader impact on house prices and housing affordability.

Peter Munckton, Chief Economist at Bank of Queensland, talks to Sean Aylmer about the impact of rate cuts on the market, as well as some of the broader trends affecting supply and demand in housing.

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

See omnystudio.com/listener for privacy information.