FEAR & GREED | Business News Fear and Greed

Wednesday 15 May 2024

Jim Chalmers announces another budget surplus and billions of dollars in cost of living relief

And more, including:


BHP’s second bid for Anglo-American is rejected
Qantas axes a major international route
And meme shares are back, maybe

Plus don’t miss this week’s episode of How Do They Afford That? - a guide to reverse mortgages and other options for the asset rich and cash poor. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
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Last night Treasurer Jim Chalmers handed down the federal budget, forecasting a surplus of $9.3 billion. There's cost of living relief, including $300 in power bill rebates for households and $325 for small business, additional funding for medicines, rental relief and more.So what does it all mean for inflation, for interest rates, for economic growth, and for the Government's chances in the next election?Sean Aylmer talks to Fear and Greed’s resident economist Stephen Koukoulas, aka the Kouk - the Managing Director of Market Economics, a former economic adviser to a Prime Minister, and in-demand speaker at events right around the country.
Find out more: https://fearandgreed.com.au
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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 0.3pc lower



Lithium, nickel stocks do well



Federal Court backs X



Whistleblower jailed



More bad news for Bonza


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Tuesday 14 May 2024

Businesses are feeling the brunt of the economic slowdown, with trading conditions getting tougher. 


The Federal Treasury is optimistic that inflation is coming back under control 
Elon Musk’s X has a win in court against the Government
And how McDonalds and other fast food rivals stared down the naysayers and went from strength to strength

Plus don’t miss this bonus episode of How Do They Afford That? - some top tips on stretching the household budget. 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.

Australians are wary of our banks going cashless too quickly. We also think banks should protect us from scammers, and support us if we become a victim. But we don't have a lot of respect for banks and their contribution to society, ranking them ninth out of thirteen industries on this measure.Andrew Lam-Po-Tang from consultancy Publicis Sapient joins Sean Aylmer to talk through the findings of the Customer Banking Report 2024.
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.



Fletcher tumbles



Lendlease tax claim



ARN scrambles to save deal



ANZ under investigation



Biden to announce tariffs


Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.