FEAR & GREED | Business News

The big shopping malls lose billions of dollars, as major retailers pull the plug over tenancy rents.  Also today: Signs of border re-openings, at least in some states Some Virgin Australia creditors to get just 11c in the dollar And profit reports show how damaging COVID-19 has been to the economy Plus an interview with Associate Professor Peter Phillips about the Aussie dollar, answering so...

Sean Aylmer speaks to Dr Peter Phillips, Associate Professor in Finance & Banking at the University of Southern Queensland, for a crash course in currencies.  Why is everything measured in US dollars?  What causes exchange rate fluctuations?  Who benefits when the dollar goes up and down?   Associate Professor Peter Phillips is also the author of  Financial Instit...

AMP’s chair steps down, and its new head of wealth management is demoted, as the group tries to stem the fallout from its sexual harassment scandal. Also today: Andrew Forrest’s $1.1 billion payday Business groups lose patience with state Premiers And iconic Melbourne sporting events to head interstate Plus an interview with Jeremy Fleming, Managing Director of Stagekings, about one of...

Sean Aylmer speaks to Jeremy Fleming, Managing Director of Stage Kings, about one of the few good news stories to emerge from the COVID-19 pandemic.  Jeremy's business would have been wiped out by the lockdowns, but he saw an opportunity to pivot and is now employing more people than he was pre-COVID.  It's a remarkable story. Find out more: https://fearandgreed.com.au/ See omnystudio.co...

State governments are under pressure to create jobs and open borders, as the Federal Government and bureaucrats work to boost economic growth.   Also today: How JobKeeper is making some companies more profitable One of Australia’s biggest businesses gives fossil fuels the flick And Clive Palmer extends his multi-billion-dollar fight with Western Australia Plus an interview with Cen...

Sean Aylmer speaks to Matthew Kidman, Principal at Centennial Asset Management, about reporting season - a must-listen interview for any investor. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

In Fear and Greed's Sunday feature interview this week, Sean Aylmer speaks to Associate Professor Gordon Menzies from the University of Technology, Sydney. In a wide-ranging conversation, Sean and Associate Professor Menzies discuss self-fulfilling prophecies in the current economic environment, and how economic principles apply to everyday life. About Associate Professor Gordon Menzies: Gordon Me...

Saturday, 22 August 2020 This is Fear and Greed's Weekend Edition, helping you to catch up on the big stories of the week.  Sean Aylmer gives his take on the week's business news, including: The biggest story The unsung story (the one trying to fly under the radar) The most remarkable story Sean's favourite story Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for priv...

Australia’s most iconic company, Qantas, reports a $2 billion loss and says clear skies are still some way away. Also today: National Cabinet meets today amid anger over border closures. Cashed up Wesfarmers announces a solid profit, but fears for the next few months. And casualties emerge in the fight between mall owners and retail tenants. Plus an interview with Penny Spencer from the Spen...

Sean Aylmer speaks to Penny Spencer, Founder and Managing Director of the Spencer Group of Companies, about the state of the travel industry.  They also discuss selling tickets to space for a casual $US250,000. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Australia’s biggest company, CSL, reports a big profit as it expands its push to manufacture a COVID19 vaccine. Also today: Tech giant Apple breaches the $US2 trillion mark for the first time A mixed bag of profit results from some of the country’s biggest companies And the number of Australian women on boards finally starts to rise Plus an interview with Anthony James, Group CEO Innov...

Sean Aylmer speaks to Anthony James, better known as AJ - Group CEO Innovation & Growth at Trinity Consulting Services.  They discuss innovation during a pandemic, and how AJ managed to amass one of the largest LinkedIn followings in Australia, with more than one million followers. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

BHP, the big Australian, wants to go green, after announcing a bumper profit. Also today: Australia nears a deal to buy 25 million COVID-19 vaccines, when they’re available Beijing sets its sights on the local wine industry, threatening big tariffs that would kill exports to China And Coles reports a big profit but warns about future spending Plus an interview with Megan Motto, CEO of the Go...

Sean Aylmer speaks to Megan Motto, Chief Executive Officer of the Governance Institute of Australia, for a crash course in governance - what it is, why it's important, and what can happen if a company doesn't have the right systems in place. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Strong results from household goods retailers, led by JB HiFi, has triggered a boom for shareholders, but how long can it last?  Also today: 25 deaths from COVID-19 were reported yesterday – the worst day yet Australia’s largest steelmaker is upbeat about the economic outlook, expecting a home building boom And how vegans are harming the environment Plus an interview with Brett Ga...

Sean Aylmer speaks to Brett Galvin, co-founder and Director of The Mint Partners, about communications, public relations, and how to maintain a brand during a global crisis. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

The Federal Government is considering delaying increases to superannuation payments in an effort to boost economic growth.  Also today: Australia’s gold miners report bumper profits Signs that the spike in new COVID-19 cases in Victoria is flattening And social consequences of the pandemic emerge as applications for divorce surge Plus an interview with EY chief economist Jo Masters abou...

Sean Aylmer speaks with Jo Masters, Chief Economist at EY, about the labour market, the general state of the economy, the housing market and earnings season. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

In Fear and Greed's Sunday feature interview this week, Sean Aylmer speaks to Professor Robert Breunig, Chair of Tax Policy and Public Finance at the Tax and Transfer Policy Institute at the Australian National University in Canberra. And yes, we are talking about tax reform - fortunately, Professor Breunig is one of the few people capable of making the case for reform clear, simple and engaging!...

Saturday, 15 August 2020 This is Fear and Greed's Weekend Edition, helping you to catch up on the big stories of the week.  Sean Aylmer gives his take on the week's business news, including: The biggest story The unsung story (the one trying to fly under the radar) The most remarkable story Sean's favourite story Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for priv...

Investors dump Telstra and AGL, but can’t get enough of AMP, QBE and Treasury Wines. What a bumper 24 hours of profits. Also today: An historic moment in middle east peace talks overnight. The number of Australians unemployed hits 1 million for the first time ever. And how a gamer bought a $9 million home. Plus an interview with superyacht captain Brendan O’Shannassy, founder of Katana...

Sean Aylmer speaks to Brendan O'Shannassy, founder of Katana Maritime, about the exotic, secretive world of superyachts.  Brendan has years of experience as a captain on some of the most opulent vessels in the world, and gives a glimpse into the life of the ultra-wealthy. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

The Commonwealth Bank reports a $7.3 billion half year profit, as other corporates feel the impact of COVID-19.  But the market’s reaction to CBA’s result has been interesting. Also today: A stunning contraction in the British economy Wages growth in Australia slows to its weakest level in 23 years And cyber security laws come under the spotlight Plus an interview with Australian...

Sean Aylmer speaks with Stephen Ferguson, National CEO of the Australian Hotels Association, about the current state of the industry in Australia.  They discuss hotel occupancy rates, social distancing in pubs, the importance of JobKeeper to the industry, and how certain hotels came to be accommodating quarantined travellers. Find out more: https://fearandgreed.com.au/ See omnystudio.com/list...

A two paced national economy has emerged – Victoria and the rest – making recovery much more difficult. Also today: Russia claims to have found a vaccine for COVID-19, but questions remain Sydney Airport asks investors for $2 billion And Telstra’s newest board member is just 32-years old Plus an interview with sunscreen entrepreneur Ava Matthews about creating a new product from...