FEAR & GREED | Business News The Weekend Edition | 2-3 August 2025
Aug 1, 2025
Tim Burrowes, Publisher of Mumbrella and co-host of Media Land, joins for a lively discussion on pressing business topics. The team humorously debates the potential for interest rate cuts and the government's reversed decision on YouTube for kids. They delve into international trade challenges, particularly the stalled Australia-EU deal, and celebrate Australia's first homegrown rocket launch. With a comedic twist, they tackle Virgin Australia's pet policy and reflect on a playful competition, delivering insights with a side of laughter.
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Inflation Signals Rate Cut
- June quarter inflation came in at 2.7% annualized, edging towards the midpoint of the Reserve Bank's target band.
- Financial markets have priced in over a 100% chance of an interest rate cut next month based on these figures.
Government Bans YouTube For Kids
- The government decided to ban YouTube for kids under 16 to protect mental health, reversing earlier positions.
- This bold move aligns YouTube with other age-restricted platforms like TikTok and Snapchat.
Telstra's Steady Growth Anecdote
- Telstra quietly became one of the best-performing large caps this year with a 23% increase in share price.
- It has over 1.1 million shareholders and investors appreciate its cost control and consistent dividends.