FEAR & GREED | Business News

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. ASX closes up Chalmers defends growth IDP tumbles NDIS investigations Canada first to cut rates Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 6 June 2024 The Australian economy slows to its lowest pace in more than 30 years, outside the COVID pandemic.  And more, including: Privacy watchdog to take legal action against Medibank Private over 2022 data breach Get ready for a shortage of eggs And why some of the biggest names in retailing are thinking about cutting prices Plus don’t miss the latest episode of How Do They Afford That? - all about deciding your money priorities. 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.

Yesterday economic growth for the March quarter came in at just 0.1%. The previous quarter was 0.2%, making it the weakest six months in decades (outside of the pandemic).So will the Reserve Bank reduce interest rates? Will we end up in recession? Gareth Aird, Head of Australian Economics at the Commonwealth Bank, takes Sean Aylmer through the numbers and what he sees as the path ahead.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. Rate stocks sends ASX higher Nvidia closes on Apple Green targets lagging Treasury shares jump Mutuals merge Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 5 June 2024 The National Disability Insurance Scheme is rife with corrupt practices, according to its integrity chief.  And more, including: ABC Radio tumbles in Melbourne but rises in Sydney Good times for farmers, fishermen and foresters And everyone’s favourite meme stock, GameStop, surges 75 per cent on a single post on Reddit Plus don’t miss the latest episode of How Do They Afford That? - all about deciding your money priorities. 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.

Almost six million Australians have struggled to make debt repayments in the last 12 months, as the cost of living crisis hits home. Just as alarming though, is the fact that 30% of people wouldn’t ask for help from their bank or lender.ASIC Commissioner Alan Kirkland talks to Sean Aylmer about how banks are obliged to help their clients - and why customers are reluctant to reach out.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. Energy and materials lower Bond yields fall Data says economy slowed Godfreys gone Modi set to return as Indian PM Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tuesday 4 June 2024 Minimum wage earners to get a 3.75 per cent increase in their wages on July 1, on top of the Stage 3 tax cuts.  And more, including: Almost half of all Australians struggle to make loan repayments, yet many don’t ask for help The Federal Government orders foreign investors of a rare earths company to sell down their stakes And Nvidia announces a new super chip, before it's even sent out the first consignment of its previous super chip Plus don’t miss the latest episode of How Do They Afford That? - all about mindful spending. 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.

Australia’s housing sector has become a two-speed market, with big disparities between capital cities. House prices rose 0.8% across the country, but the mid-size capitals are leading the way.Tim Lawless, Head of Research at CoreLogic, talks to Sean Aylmer explains why Brisbane is booming, and Melbourne isn't.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. ASX closes higher OPEC extends oil cuts Calls for super changes Retail wrangling Murdoch marries Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.