FEAR & GREED | Business News
Election campaign travel-a-thon; auction success tumbles; gut robot developed
Mar 30, 2025
The election campaign heats up with security breaches and debates over cost-of-living policies. Housing auctions are slipping back to pre-rate cut levels. Scientists unveil a gut robot for early bowel cancer detection, highlighting innovative approaches to health. There's a deep dive into the struggles of a Sydney radio show trying to expand its reach in Melbourne. Additionally, discussions about the Reserve Bank's upcoming decisions and shifting investor sentiments provide context to the changing economic landscape.
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Quick takeaways
- The election campaign is heavily focused on combating grocery price gouging amid rising cost-of-living concerns among voters.
- Recent trends show a decline in home auction clearance rates, indicating increased volatility in the property market despite rising prices in Melbourne.
Deep dives
Election Campaign Focuses on Cost of Living
The current election campaign is intensely centered on the cost of living crisis, with grocery prices emerging as a primary concern for voters. The Prime Minister has proposed initiatives to prevent price gouging at supermarkets, responding to findings from an inquiry by the Australian Competition and Consumer Commission. This focus on grocery affordability is driven by survey results showing it as the most pressing issue, overshadowing concerns related to housing and energy prices. Meanwhile, opposition leader Peter Dutton is advocating for economic trustworthiness, although specific policy details from his side are still forthcoming.
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