FEAR & GREED | Business News Afternoon Report | ASX lower ahead of RBA meeting
6 snips
Dec 8, 2025 The ASX is feeling the pressure ahead of the RBA meeting, with key market shifts on the horizon. Barnaby Joyce's surprising move to One Nation stirs reactions from political leaders. The government announces the end of a popular power bill subsidy, leaving many concerned. Arnott's secures a hefty $45 million loan to support its expansion efforts. Tensions rise as Australia and Japan condemn a threatening incident involving Chinese aircraft locking radar onto a Japanese plane.
AI Snips
Chapters
Transcript
Episode notes
Markets Paused For RBA Guidance
- The S&P/ASX 200 fell 0.1% as investors awaited the RBA statement more than the rate decision itself.
- Market focus is on commentary about inflation and outlook alongside expected US Fed cuts this week.
Commodities Diverge: Gold Down, Lithium Up
- Miners lagged overall while lithium stocks rallied after UBS upgrades sparked optimism.
- Liontown surged nearly 15% and Pilbara rose over 6% on renewed sector enthusiasm.
Barnaby Joyce Joins One Nation
- Barnaby Joyce announced he's joining One Nation and will remain MP for New England while eyeing a Senate return by 2028.
- Pauline Hanson praised his experience while Nationals leader David Littleproud condemned the move as a betrayal.