FEAR & GREED | Business News Afternoon Report | Big day for miners
Aug 27, 2025
Markets showed positive movement as the S&P ASX 200 climbed higher. A defamation case ruling has significant implications for political speech in Australia. Flight Centre faces challenges amid turbulent times in the travel sector. On a brighter note, SpaceX celebrated a successful launch. The podcast wraps up with a humorous nod from a former president regarding a celebrity engagement, adding a light touch to the serious business news.
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Markets React To Results And Inflation
- The ASX 200 rose 0.3% to 8,961 driven by company results and lithium miner strength.
- Unexpected monthly inflation pushed investors to expect a November rate cut instead of September, shifting market sentiment.
Lithium Rally Amid Volatile Earnings
- Lithium miners led gains after UBS upgraded lithium price expectations, lifting names like Liontown and PLS nearly 9-10%.
- Big company results produced volatile moves: Woolworths plunged, Domino's fell sharply while Tabcorp surged on cost cuts and profit.
Reynolds Wins Defamation Case
- Linda Reynolds won more than $300,000 in damages after the WA Supreme Court found two social posts defamed her.
- The judge rejected broader conspiracy claims but Reynolds said her reputation was restored and Brittany Higgins offered an apology.