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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.

Insolvencies hit record; Rio’s $10b lithium deal; Magpies, Broncos valuable brands

Thursday 10 October 2024

Company insolvencies hit a record as small businesses struggle. 

And more, including:

  • Rio Tinto set to pay almost $10 billion to acquire Arcadium Lithium

  • The Collingwood Magpies and the Brisbane Broncos are the most valuable football brands in the country

  • And Florida braces for the arrival of Hurricane Milton

Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: why do some property listings leave off the asking price? Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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

See omnystudio.com/listener for privacy information.

Why do some property listings leave off the asking price?

There are few things more frustrating for buyers than property listings that don't include a price. The words 'expressions of interest' or 'price on application' are guaranteed to get the blood pressure rising. 

Alice Stolz, National Property Editor at Domain, and Fear & Greed's Michael Thompson look at why prices are left off listings, how buyers and sellers can each use it to their advantage, and what a lack of transparency means for the risk of underquoting.

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

See omnystudio.com/listener for privacy information.

Interview: Inside Australia's answer to Berkshire Hathaway

Washington H Soul Pattinson is often called Australia's answer to Berkshire Hathaway. It's an old-style conglomerate, investing across sectors, with a very long history of conservative family management.

Gaurav Sodhi, Deputy Head of Research at Intelligent Investors, takes Sean Aylmer inside this fascinating business, including its extraordinary record of paying out dividends.

This is general information only. You should seek professional advice before making investment decisions.

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

See omnystudio.com/listener for privacy information.

Consumer sentiment rises, Android beats Apple, mega hurricane to hit Florida

Wednesday 9 October 2024

Finally sentiment is starting to rise with consumers increasingly confident about the economic outlook. 

  • 1215 Australians and family members have now been assisted by the government to leave Lebanon

  • Android outdoes Apple in smartphone sales in Australia

  • And one of the biggest hurricanes ever to hit Florida is due to make landfall tonight

Plus don’t miss the latest episode of How Do They Afford That? - your guide to buying affordable technology. 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.

Interview: Why these Aussie tech darlings are considered 'rare assets'

WiseTech Global has been a real darling of the local stock market, with the share price of the tracking company surging on strong growth projections.

Dushko Bajic, Head of Australian Equities Growth at First Sentier Investors, talks to Sean Aylmer about the story behind WiseTech, as well as other local tech successes Pro Medicus and Xero.

This is general information only, and you should seek professional advice before making investment decisions.

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

See omnystudio.com/listener for privacy information.

Afternoon Report | China disappointment send ASX lower

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. China outlook deteriorates

  3. PM forced to apologize

  4. Rate options open

  5. Beijing travel restrictions

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

See omnystudio.com/listener for privacy information.

Ask Fear & Greed: What are the benefits of tax reform?

Listener Darren asks: If a government needs - for example - $100 million to run, what difference does it make how it receives its income? What are the benefits to the economy of tax reform?

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.

Rio bids for Arcadium Lithium, ASX hits near high, auction clearance rates tumble

 

Tuesday 8 October 2024

Rio Tinto is in talks to spend up to $9 billion on a major lithium miner. 

And more, including:

  • The share market closes at a near record high

  • The auction clearance rate falls to its lowest level in almost two years

  • And an unused Sydney mansion sells for around $130 million

Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: how much should you spend on renovations? Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.

 

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

See omnystudio.com/listener for privacy information.

Interview: The problem with young men in Australia

Australia has a problem with young men. There's a growing number of disengaged young males who are considered to be in the NEET cohort - Not in Employment, Education, or Training. And this has major implications for the workforce, for skills, for relationships and for society more broadly. Demographer Simon Kuestenmacher, co-founder of the Demographics Group, talks to Sean Aylmer about the role of education, the impact on the gender pay gap, and what can be done to get more young men engaged with meaningful work or study.

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

See omnystudio.com/listener for privacy information.

IPO market in the doldrums, pro-Palestine protest peaceful, Zuckerberg wealth zooms

Monday 7 October 2024

The Australian IPO market struggles with listings at their weakest in 15 years. 

And more, including:

  • Pro-Palestinian rallies in Melbourne and Sydney over the weekend remain peaceful

  • Qantas rolls out new in-flight dining

  • And Meta’s Mark Zuckerberg becomes the world’s second richest person 

Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: how much should you spend on renovations? Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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

See omnystudio.com/listener for privacy information.