FEAR & GREED | Business News

Gold prices soar as Trump rattles investors, leading to a surge in local gold stocks. ANZ is set to cut thousands of jobs in a major restructuring effort. The ACCC is pursuing an alleged vegetable cartel, showcasing significant regulatory action. Tesla's self-driving feature is on the horizon for Australia, stirring excitement and concern. Meanwhile, the Netherlands is leading the way with its innovative four-day work week model, potentially reshaping work-life balance globally.

Roger Montgomery, Founder and Chief Investment Officer at Montgomery Investment Management, shares his insights on the recent earnings season marked by significant volatility. He discusses three key takeaways, including a notable shift towards economic recovery and the improving consumer spending that boosted discretionary stocks. Montgomery highlights the emerging trend favoring small-cap stocks over large-cap ones, along with the challenges faced by major retailers. His advice for retail investors emphasizes the importance of focusing on long-term fundamentals rather than short-term market swings.

The market sees a dip in the ASX as inflation remains a concern, yet gold prices are on the rise, giving a boost to mining companies. A fascinating study explores the difficulties in verifying users' ages on social media, raising questions about online safety. Meanwhile, Australia tackles child protection legislation and reacts to an MP's alarming threat against a journalist. In a surprising move, South Australia bans fish-shaped soy sauce containers to cut down on plastic waste, while the world grapples with the aftermath of a devastating earthquake in Afghanistan.

House prices in Australia experience their largest increase in over a year, propelled by interest rate cuts and high demand. The spring selling season brings renewed consumer confidence, impacting auction rates and ASX earnings. Meanwhile, the government is tackling shrinkflation to enhance product transparency for consumers. Internationally, a US court rules against Trump's tariffs, affecting trade dynamics. Also, Tasmania sees a tourism surge, with unique winter experiences attracting visitors from Asia.

Stephen Koukoulas, an insightful economist known as The Kouk, joins to dissect the upcoming GDP figures and their significance. He explains how household spending and business investment shape economic growth, while also addressing the current housing market trends amid supply shortages. Koukoulas clarifies how government policies are bolstering opportunities for first-time buyers. Additionally, he allays concerns over rising inflation, emphasizing its manageable nature and discussing its potential impact on interest rates.

Discover the dual strategy of building your personal brand through reputation and social media. Dive into four key components: educational, professional, personal, and promotional content that help establish authenticity. Explore how sharing experiences fosters community while promoting yourself. Learn the long-term benefits of a strong personal brand across various platforms, and discuss the unique challenges faced by women and caregivers in achieving financial stability. Unlock the power of personal branding for your career!

This week features a lively debate on Australia's inflation rise and its effects on major retailers like Coles and Woolworths. The hosts explore Victoria's economic challenges and how they intertwine with pop culture, including Taylor Swift's brand impact. NVIDIA steals the spotlight with its record-breaking financial performance but faces pressure to meet sky-high expectations. The discussions add a humorous twist, comparing the financial success of tech giants with the cultural sway of celebrities, setting the stage for more engaging future debates.

Markets experienced a slight dip, but August closed on a high note. Harvey Norman saw impressive growth, while Virgin Australia announced its first profit amid customer frustration over flight issues. China honored former Australian Labor Premiers during a military parade, showcasing shifting political ties. Tensions rose as Australia Post faced backlash over parcel policies, and Trump made headlines by dismissing the CDC director amidst ongoing vaccine controversies.

Qantas is soaring again, showcasing a staggering 28% increase in profits fueled by travel demand. The government’s recent decision to axe 500 tariffs promises to lower costs for Australian businesses. Meanwhile, ANZ's layoffs were poorly communicated, raising concerns over corporate transparency. Wesfarmers thrives thanks to popular retailers like Kmart and Bunnings. Plus, OpenAI is set to establish its office in Australia, expanding its influence down under. Tune in for these compelling discussions and more!

In this discussion, Dr. Nicola Powell, Chief of Research & Economics at Domain, explores the impending spring surge in Australia's housing market. She highlights how recent interest rate cuts and government programs for first-time buyers could ignite a price boom. With rising auction volumes in major cities, consumer confidence is soaring, reflected in a notable increase in property prices. Powell also addresses the urgency for new home constructions to accommodate increasing buyer demand, making this an essential listen for anyone interested in real estate trends.