FEAR & GREED | Business News Fear and Greed
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Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au
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Aust super heads to $4 trillion, Rinehart tops rich list, Queen music catalogue $1.5b price tag
Friday 31 May 2024
The Australian super sector closes in on $4 trillion just as workers get set to up their contributions.
And more, including:
China lifts its ban on five Australian beef exporters
Gina Rinehart tops the list of the richest Aussies
And the Queen music catalogue is up for sale and is expected to fetch around $1.5 billion
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
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Interview: What 7 million people tell us about the cost of living crisis
The cost of living crisis is still here - and the spending habits of seven million Commonwealth Bank customers show just how hard it's hitting households and businesses.Wade Tubman is Head of Innovation and Analytics at CommBank iQ - a joint venture between Commonwealth Bank and data company Quantium. Wade talks to Sean Aylmer about the CommBank iQ Cost of Living report, how spending has changed over the last year, where consumers are cutting back, and whether there's any good news on the way.
Find out more: https://fearandgreed.com.au
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Afternoon Report | ASX hits new 3 week low
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.
Miners lead market lower
Petrol prices low
RBA focused on inflation
PM invited to Ukraine summit
Hong Kong verdict
Find out more: https://fearandgreed.com.au
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Prices rise dampening rate cut hopes, Anglo American says no deal to BHP, OJ prices double.
Thursday 30 May 2024
Annual inflation rises pushing out the timeline for interest rate cuts.
And more, including:
BHP and Anglo-American fail to reach agreement on the Big Australian’s $75 billion bid
Federal Treasurer Jim Chalmers is cool on Industry Minister Ed Husic’s calls for a lower corporate tax rate
And expect the cost of your OJ in the morning to jump with orange juice prices doubling in a year
As mentioned in today’s episode - here’s last month’s interview with Trent Nikolic about doing a lap of Australia in an EV.
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. -
Interview: Why the Reserve Bank's job just got a little harder
Economists expected monthly inflation to fall yesterday. Instead, it rose.EY Chief Economist Cherelle Murphy talks to Sean Aylmer about what it all means for interest rates.
Find out more: https://fearandgreed.com.au
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Afternoon Report | CPI data sends market lower
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 tumbles
News Corp restructure
Direction 99 to change
Lendlease sale
IAG lawsuit
Find out more: https://fearandgreed.com.au
See omnystudio.com/listener for privacy information.