FEAR & GREED | Business News

Thursday 27 February 2025 The Magnificent 7 tech stocks slump, led by Tesla, and cryptos are losing their shine. And more, including: Inflation prints inside the RBA’s target band, lifting hopes of more rate cuts.  And Westfield malls’ big plans to become residential hubs.  Plus Woolworths’ disappointing earnings and Richard White returns as king of Wisetech Global. And...

Woodside Energy has a lot of oil and gas interests around the world, including some major projects in the US. Meg O'Neill, CEO of Woodside, talks about the company's results, and what the Trump administration's policies have meant both for Woodside and the broader industry. Ausbiz is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, econom...

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 flat Dutton under pressure Travel co’s struggle Profits Ukraine deal Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Wednesday 26 February 2025 Investors grow increasingly nervous about the outlook for the share market on the back of mixed earnings results and volatility out of the US.   And more, including: Domino’s records its first loss in 20 years.  And the case of the stolen, golden toilet goes to court.  Plus plenty of earnings results and Donald Trump sides with Russia, over Euro...

Yesterday Nine Entertainment announced its half-year results, with a jump in its subscription businesses and an increase in revenue, but a sharp drop in profit in part due to the withdrawal of Meta's payments for local news. But much of the focus is away from Nine's core media business, and instead on the $2.7 billion offer for Domain, which is 60% owned by Nine. Tim Burrowes, co-owner and publish...

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.  S&P closes lower China live-fire Nine profit falls Woodside jumps Viva profit tumbles Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Listener Lisa asks:  You mentioned on the podcast that the RBA Governor has committed to keeping cash in the economy, even though fewer people are using it, and it's getting uneconomical to move it around. Why are we so wedded to cash? Who is actually still using it? Why don't we just bite the bullet and go cashless. Surely we'll end up there one day anyway - so why not now? Join Sean Aylmer...

Tuesday 25 February 2025 One of the market darlings of recent years, WiseTech Global, is in crisis after four independent directors, including the chair, resigned over differences around founder and former CEO Richard White. And more, including: Post-interest rate polls suggest opposition leader Peter Dutton has a chance of forming government.  And petrol and diesel sales in Australia hit rec...

Guzman y Gomez was the biggest float of 2024, but after announcing its half-year results last week it's copped a hammering from investors. But co-CEO Steven Marks remains very enthusastic about the outlook for the business, both in Australia and in the US - and his passion for the business comes through in this interview. Ausbiz is Australia's leading provider of live and on-demand video of the la...

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 flat Lovisa disappoints Profit moves NextDC data download Hybrid push Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Monday 24 February 2025 Reserve Bank boss Michele Bullock hints that the next cut in interest rates could be some way off.  And more, including: Both political parties promise to spend billions of dollars on Medicare, as the unofficial election campaign ramps up.  And last year’s wonder float on the ASX, Guzman Y Gomez, gets hammered over weak sales in the US.  Plus auction cl...

This is Fear and Greed - The Week Ahead , where Sean Aylmer and Stephen Koukoulas discuss the major events, reports and releases that provide insight into the economy this week (with a look back at the events of last week too). Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Last week Wesfarmers announced a jump in revenue and sales, largely thanks to the performance of its Bunnings and Kmart businesses. Today’s interview with Rob Scott, Managing Director of Wesfarmers, delves into all of it: from the extraordinary growth of Kmart’s Anko brand, and Bunnings pushing into pet care, right through to what went wrong with online retailer Catch, and what the arr...

Guest: Mark Mentha Original air date: October 18, 2020 Original description: Sean Aylmer speaks to Mark Mentha, co-founder of KordaMentha.  They discuss Mark's career, including some of the famous restructings that Mark has been involved in, and look at the impact the COVID-19 pandemic will have on businesses in coming months.  Mark shares his 10 commandments for starting a business...

Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Fear & Greed colleague Adam Lang adjudicating. 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 down US co targets Domain Bunnings boom QBE boosts profit Chinese warship strife Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Listener Rachel asks:  Something that's always bugged me about unemployment data. How do they know who's actually employed? Is it based on tax records, or do companies have to report new hires, or is there some other way of reporting? Or is it just an estimate? I'm curious. Join Sean Aylmer & Michael Thompson as they answer listener questions. If you have your own question for Ask Fear &a...

Friday 21 February 2025 There are plenty of jobs for everyone, it seems, which is good news for workers but it probably pushes out the next interest rate cut.  Canberra and South Australia to pony up $2.4 billion to save the Whyalla steelworks.  And Apple set to release a brand new “cheap” iPhone.  Plus profit results from Telstra, Wesfarmers, Rio Tinto and Fortescue Met...

BHP this week turned in a disappointing underlying profit of $8 billion for the second half of last year, off lower iron ore exports due to reduced steel demand from China. But increasingly, for BHP at least, the future is in copper. Vandita Pant, BHP’s Chief Financial Officer, talks to Juliette Saly from Ausbiz about the result and the outlook for the Big Australian. Ausbiz is Australia's l...

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.  Telstra goes mobile Banks tumble Bunnings boom Miners disappoint Transurban outperforms Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Thursday 20 February 2025 There’s life yet in the local property sector, with data centres, retail and office blocks finding investor favour.  And more, including: National Australia Bank’s profit disappoints, triggering a sell-off among Australia’s banks.  And KFC is leaving Kentucky.  Plus good news on the wages front and the Whyalla steelworks goes into administ...

This week's interest rate cut was a dose of good news for homeowners, and for many businesses too. But for SMEs the positivity may be short-lived. Patrick Coghlan, CEO of CreditorWatch, talks to Sean Aylmer about today's Business Risk Index, and why high interest rates and uncertainty can see good businesses stall. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy...

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 CTM surges MinRes slumps Wage growth slows Trump threatens tariffs Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.

Wednesday 19 February 2025 The Reserve Bank cuts interest rates for the first time in four years, but don’t hold your breath for another reduction.  BHP turns in a disappointing half year profit of $8 billion And why no one wants to be a middle manager anymore  Plus the ACCC pushes forward the Virgin-Qatar tie up and ten Aussie unis ranked in the top 300 in the world. Join our free...

Yesterday the Reserve Bank board cut interest rates by 25 basis points, the first cut since 2020. But RBA Governor Michele Bullock has warned not to read too much into it - this isn't necessarily the start of a run of cuts. Gareth Aird, Head of Australian Economics at Commonwealth Bank, talks to Sean Aylmer about the decision, and why CBA still has a May rate cut pencilled in. Find out more: https...