FEAR & GREED | Business News

Hot inflation spikes, crushing dreams of near-term interest rate cuts just before Melbourne Cup Day. Woolworths faces disappointing sales, while tech titans Apple and Microsoft surpass a staggering $4 trillion in market value. As social media companies get inventive to enforce under-16 user bans, the government deals with scrutiny over social housing shortages. Plus, insights into copper prices as economic indicators and more on what’s driving small business growth ahead of the holidays.

Treasurer Daniel Mookhey of New South Wales dives into the staggering $4.3 trillion superannuation sector, highlighting its potential as a tool for global influence. He discusses the advantages of Australia’s workforce and technology in attracting international fund managers. Mookhey also debates the need for flexibility in local investments and how Australia’s savings can tackle global challenges. Additionally, he praises Kevin Rudd's diplomatic efforts, linking finance and international relations in a compelling narrative.

Markets took a hit as the ASX fell by one percent following an unexpected rise in inflation. Woolworths reported a boost in sales, while Nick Scali also saw impressive gains. In a renewed debate, Scott Morrison critiqued strict net zero timelines, advocating for a tech-driven approach to emissions reduction. Meanwhile, CBUS faces a $23.5 million penalty for mishandled claims affecting its members. On a different front, Hurricane Melissa wreaked havoc in Jamaica and is now heading toward Cuba.

WiseTech Global faces scrutiny as the AFP raids their offices over insider trading allegations. Meanwhile, speculation surrounding a potential takeover of Domino's by Bain boosts its stock price. The Reserve Bank's decision regarding interest rates hangs in the balance as CPI data is released. Bill Gates shifts his perspective on climate change, focusing on positive solutions rather than dire warnings. Additionally, EQT makes a substantial takeover offer for AUB, raising eyebrows in the market.

Supermarket giants Coles and Woolworths have still got a long way to go to rebuild trust with the Australian public, according to new research. And as they focus on each other, discount chains Aldi and Costco are gaining ground.Michael Thompson talks to Jeremy Barker, Managing Partner, OC&C Strategy Consultants Australia, about the Australian Retail Proposition Index 2025, which has ranked Costco as Australia's favourite grocery retailer, with Aldi close behind.Join our free daily newsletter here.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. Huge moves on ASX Federal politics wrap Two killed in Cobar mine explosion Amazon to cut 30,000 jobs Hurricane Melissa hits Category 5 Join our free daily newsletter here for your chance to win Fear & Greed merch! Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tuesday 28 October 2025 The competition watchdog sues Microsoft, claiming it misled millions of customers into paying more for subscriptions to Office, in a case with major ramifications for big tech.  Unions launch a case to increase pay for under 21-years olds.  The US navy manages to lose to aircraft, worth hundreds of millions of dollars, within 30 minutes of each other.  Prime Minister Anthony Albanese meets regional leaders in Malaysia The great red crab creep on Christmas Island begins Join our free daily newsletter here for your chance to win Fear & Greed merch! And don’t miss the latest episode of How Do They Afford That? - this week, “I should be further ahead by now”: tackling the comparison trap. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Small cap stocks have rebounded this year. So is 2025 the year of small caps (at last?)Andrew Mitchell, co-founder of Ophir Asset Management, talks to Sean Aylmer about investing in small cap, including three companies he likes.This is general information only, and you should seek advice tailored to your circumstances before making investment decisions.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. Market climbs Microsoft faces legal action Auctions ease Copper near record high Putin unveils new nuclear missile Join our free daily newsletter here for your chance to win Fear & Greed merch! Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Monday 27 October 2025 Economic conditions for small businesses are improving, but insolvency levels remain near record high levels.  Government negotiates with coalition and Greens for environmental legislation.  French authorities arrest two suspects over the Louvre break-in.  The average superannuation balance heads towards $200,000 with fewer older Australians relying on the age pension.  Qantas upgrades its inflight menus. Join our free daily newsletter here for your chance to win Fear & Greed merch! And don’t miss the latest episode of How Do They Afford That? - this week, “I should be further ahead by now”: tackling the comparison trap. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.