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 Jobs market may be cooling Calls to sell Future Fund NBN looking at Starlink PWC spin-off wins contracts Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Thursday 10 August 2023 Commonwealth Bank delivers a record full-year profit of almost $10.2 billion.  Also today: Trade unions launch their own inquiry into price gouging Amazon to build Australia’s biggest-ever warehouse And the potential deal between Google and Universal Music that could change the music industry forever Plus don’t miss the latest episode of How Do They Afford That? This week it’s all about financial burnout. 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.

It may come as a shock to you, as it certainly surprised us: one third of Australian adults are considered financially illiterate.Diana Mousina, Deputy Chief Economist at AMP, talks to Jennifer Duke about the startling new research, and explains the long-term impacts of a lack of financial knowledge.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 Australia-US tech relations Beach Energy boss quits TPG-InvoCare takeover Record credit card balances Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Wednesday 9 August 2023 James Hardie kicks off the profit reporting season in spectacular fashion.  Also today: Business sentiment holds up despite all the rate rises The Matildas set a TV record And Zoom (the company) asks workers to come back to the office Plus don’t miss the latest episode of How Do They Afford That? This week it’s all about financial burnout. 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.

According to Roy Morgan research, we operate on a two-speed consumer economy. 10 million Australians have a traditional mindset when it comes to spending - but 5 million Australians are considered ‘new economic order’ or NEO consumers, spending up to 300% more than traditional consumers.This data has been used by brands like LVMH, Qantas, David Jones, Macquarie Bank, Lexus and mattress company A.H. Beard. Tony Pearson, CEO of A.H. Beard, talks to Sean Aylmer about the value of NEO consumers, and why it requires different marketing.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 ends flat Major gas deal Myer falls 14pc Canva valued at $38m Consumers stay grumpy Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tuesday 8 August 2023 Trade Minister Don Farrell says China set to drop the ban on Aussie wine as relations normalise. Also today: Bain Capital, the owner of Virgin Australia, buys one of the country’s biggest aged care operators Why certain email users could be about to lose their accounts And by his own standards, Donald Trump’s latest outburst over the women’s world cup is simply extraordinary Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Credit applications are declining and arrears are rising as interest rate hikes start to bite.Melanie Cochrane, Australia / New Zealand CEO and Group Managing Director at Equifax, talks to Sean Aylmer about the trends she's seeing in the credit market, from buy now pay later to car loans.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 lower Wheat market hit ACCC delays Origin decision Invocare deal on hold China bid for Taiwan Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.