FEAR & GREED | Business News The Weekend Edition | 1-2 Nov 2025
Oct 31, 2025
This week brought an inflation shock that could change interest rates. A surprising meeting between the US and Chinese presidents hints at easing trade tensions. WiseTech faces scrutiny over alleged improper trading activities. Meanwhile, James Hardie’s chair was ousted following a turbulent annual meeting. Flattery toward Trump at APEC raises eyebrows, and Japan's Prime Minister took it to the next level with extravagant gestures. Lastly, King Charles's move to strip Prince Andrew of his titles marks a significant moment for abuse survivors.
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Inflation Shock Halts Rate Cuts
- Australia’s September-quarter inflation surprise (1.3%) likely ends near-term rate cuts and pushes the trimmed mean to 3%.
- Sean Aylmer says businesses are passing costs to consumers, keeping policy tighter than expected.
Thaw Between US And China Moves Markets
- The Trump–Xi meeting in South Korea eased some trade tensions and produced commitments like reciprocal visits.
- Michael Thompson says the meeting created market optimism despite limited formal deals.
WiseTech Raid And Founder Share Sales
- WiseTech Global was raided over alleged trades by founder Richard White during a blackout period.
- Michael Thompson notes White sold about 1.87 million shares and later returned as executive chair the day results were released.