FEAR & GREED | Business News

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By: Fear and Greed

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

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Q+A: Why space has got investors so excited
Yesterday at 6:00 PM

Space is rapidly becoming a serious investment theme, driven by falling launch costs, the rise of satellite networks, and growing commercial demand.

Sean Aylmer speaks with Betashares Senior Investment Strategist Cameron Gleeson about the companies shaping the new space economy, from Starlink and Rocket Lab to geospatial mapping and AI-powered satellite data businesses.

** This interview first aired on Fear & Greed in May 2026 **

General information only. You should seek professional advice tailored to your circumstances before making investment decisions.

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The Saturday Edition | 13 June 2026
Last Friday at 6:00 PM

Blockbuster IPOs, a big call on interest rates, the shocking side-effect of illicit tobacco, and the World Cup kicks off.

Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Adam Lang picking a winner in a fierce debate.

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Afternoon Report | ASX ends week on high
Last Friday at 6:29 AM

This is the Fear & 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.

Gold up, oil down

Iran-US deal?

Foxtel NRL bid

Magellen merger approval

SpaceX set for Wall St lift-off

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SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off
Last Thursday at 6:00 PM

Friday 12 June 2026

30,000 Aussie investors apply to be part of the SpaceX launch that hits Wall Street tonight. 

Australia is set to buy jet fuel and fertiliser from China as the Middle East conflict worsens Football’s World Cup kicks off potentially the biggest betting event in US history Retailer Rebel’s big plans to own sport Jim Chalmers says tax changes will be good for productivity

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Q+A: Why a Singapore investor is betting on Brisbane’s biotech future
Last Thursday at 5:30 PM

Brisbane is rapidly emerging as one of Australia's most important healthcare and life sciences hubs, and global investors are taking notice.

Sean Aylmer speaks with John Ratcliffe, CEO of Altea Investments, about the company's decision to launch a new life sciences incubator at QIMR Berghofer Medical Research Institute. They also discuss how AI is accelerating scientific research, and why global capital increasingly follows talent rather than geography.

Fear & Greed is working with the Brisbane Economic Development Agency to explore why international businesses are choosing Brisbane.

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Afternoon Report | ASX dips on Middle East flare-up
Last Thursday at 7:14 AM

This is the Fear & 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 dips on Middle East flare-up Chartered Accountants ANZ to probe audit firms Corporate wrap: Alcoa, Lendlease, JB HiFi Latest radio ratings Anthropic releases Mythos AI model

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Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge
Last Wednesday at 6:00 PM

Thursday 11 June 2026

Australia’s biggest chemist chain mulls a $14 billion bid for UK retailing giant, Boots. 

The Aussie dollar heads lower, along with Bitcoin and gold Airlines globally expect earnings to halve this year, with net profit per passenger falling to just $6 Rental yields are back in the spotlight as house prices falter One of the country’s biggest expansions of the power grid is ready to open

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Q+A: Wesfarmers CEO Rob Scott on AI, Bunnings and what worries him
Last Wednesday at 5:30 PM

Artificial intelligence, productivity, Bunnings, Kmart and the future of Australia's economy: Sean Aylmer has a wide-ranging conversation with Wesfarmers CEO Rob Scott following the conglomerate's investor day.

Scott explains how AI is being rolled out across businesses including Bunnings and Kmart, why Bunnings still has significant room to grow beyond hardware, and how the Anko brand is expanding into new markets and new retail formats.

He also discusses the challenge of rising costs, the importance of productivity, opportunities in healthcare and international expansion, and the policy settings he believes could determine Australia's future competitiveness.

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Afternoon Report | ASX shrugs off Iran strikes
Last Wednesday at 6:53 AM

This is the Fear & 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 shrugs off Iran tensions Super funds strong return CBA’s NZ bank fined Northern Star rejects calls to sell Riots, protests in Northern Ireland

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NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics
Last Tuesday at 6:00 PM

Wednesday 10 June 2026

Consumer sentiment hits 50-year lows while business confidence also takes a hit, as one major bank now predicts the next move in interest rates is down. 

Apple credits Australia’s social media ban as inspiration for new safety features on iPhones The federal Liberal party flirts with One Nation An iconic Aussie retailer is set to close Football’s World Cup is two days away, as politics threatens to overshadow the sport

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Q+A: Why more Australians are turning philanthropy into a financial strategy
Last Tuesday at 5:30 PM

As the end of financial year approaches, many Australians are thinking about tax planning - but philanthropy is increasingly becoming part of the conversation too.

Sean Aylmer speaks with Judith Fiander, CEO of Australian Philanthropic Services, about why more Australians are using charitable giving as part of long-term financial planning. Judith explains how philanthropic structures work, why many wealthy Australians may be missing major tax opportunities, and why younger generations are placing much greater emphasis on purpose and values when it comes to money.

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Afternoon Report | ASX recovers after brutal start
Last Tuesday at 6:50 AM

This is the Fear & 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 down 0.2pc oOh!Media takeover bid One Nation tackles student visas US Apache helicopter crashes Apple unveils Siri upgrade

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Tech wobble hits Wall Street; nicotine consumption jumps 40pc; AI develops new vaccines
Last Monday at 6:00 PM

Tuesday 9 June 2026

Wall Street falls as questions arise around the sustainability of the tech boom. 

Prime Minister Anthony Albanese and former PM Julia Gillard hit out at critics of Victorian Premier Jacinta Allan, over “Ditch the Witch” billboards Nicotine consumption in Australia jumps 40 per cent on the back of illegal sales of cigarettes New research gives an insight into property investors AI is used to develop new vaccines

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Q+A: AI is creating a data explosion — and most businesses aren’t ready
Last Monday at 5:30 PM

Artificial intelligence is creating an explosion in data, and businesses are scrambling to work out how to store, manage and use it effectively.

Sean Aylmer speaks with Jeff Park, ANZ Country Manager at Seagate Technology, about why data storage is becoming one of the most important parts of the AI economy. Jeff explains why businesses are suddenly rethinking the value of the information they’ve accumulated over decades, how data centres are evolving to cope with AI demand, and why “clean” and meaningful data matters more than ever.

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Afternoon Report | Richard Scolyer to receive state funeral
Last Monday at 6:58 AM

This is the Fear & 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.

Richard Scolyer to receive state funeral

King’s Birthday Honours List

Aussie dollar dips on renewed Middle East conflict

Trumps walks out of interview 

12 killed in Philippines earthquake

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Big stocks perform poorly; KPMG under investigation; T-Rex up for auction
06/07/2026

Monday 8 June 2026

Some of the country’s biggest stocks are also among the worst performers, 11 months into the financial year. 

The corporate regulator launches a formal inquiry into KPMG over the use of a client’s confidential board papers The battle for energy heats up Australia’s incarceration rates soar Sotheby’s is set to auction a 67 million-year-old Tyrannosaurus Rex

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Q+A: The Week Ahead | 8 June 2026
06/07/2026

Michael Thompson is joined by economist Stephen Koukoulas to look at the week ahead for the economy, after last week's softer-than-expected GDP figures.

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Should you lease an EV?
06/06/2026

Fear & Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcats.

There's been a real spike in EV ownership lately, and not just because of the soaring cost of petrol and diesel. There are also some significant tax incentives - and while the federal government is planning to wind these back over the next few years, for now they're still in place. Join Canna Campbell - a financial planner for 20 years - and Fear & Greed's Michael Thompson as they look at the co...


The Saturday Edition | 6 June 2026
06/05/2026

A pay rise for workers, the economy slows down, tumbling house prices and the CIA agent who allegedly took home 303 gold bars. There's a lot to discuss, and plenty to argue over.

Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Adam Lang picking a winner in a fierce debate.

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Afternoon Report | ASX down for the week
06/05/2026

This is the Fear & 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 drop

KPMG crisis

Allan challenge?

Megaport surges

Coal incentives

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Bullock defends rate cuts & hikes; tax bill passes Reps; US icon signs with Chinese brand
06/04/2026

Friday 5 June 2026

RBA Governor Michele Bullock defends three rate cuts last year, and three rate hikes this year. 

The local share market takes a tumble as a new iron ore region in Africa takes on the Pilbara giants Treasury Wine Estates’ share price surges as it overhauls its strategy The government’s controversial tax legislation passes the House of Reps NBA superstar Steph Curry signs a mega deal with a Chinese athletic brand.

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Q+A: The ethical investing gap inside Australia’s super funds
06/04/2026

Australians now have more than $4 trillion invested in superannuation, but many people have little idea where their retirement savings are actually invested. A new report from Mindful Investing argues there’s a growing gap between what Australians say they want from ethical investing and what many super funds actually hold in their portfolios.

Sean Aylmer speaks with Barry Coates, CEO of Mindful Investing, about why transparency remains such a major issue in superannuation, why index investing may be contributing to the problem, and whether younger Australians could eventually force change across the sector.

This is ge...


Afternoon Report | ASX drops 1.1pc on conflict, iron ore
06/04/2026

This is the Fear & 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 drops 1.1pc on conflict, iron ore

SpaceX IPO details revealed

Snowy Hydro may miss deadline

Corporate wrap: Treasury Wine, ASX Ltd, Alinta Energy

John Laws auction raises $4.6m

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Economy heading for recession?; Bitcoin stumbles; SpaceX IPO liftoff
06/03/2026

Thursday 4 June 2026

The Australian economy slows as interest rates and fuel costs bite. 

Electrified vehicles comprised almost 50 per cent of all new vehicles sold last month  Bitcoin tumbles as global investors head towards US tech stocks Luxury brands Hermes and Chanel defy the spending downturn in Australia Elon Musk’s SpaceX ready for IPO liftoff

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Q+A: Is Australia already sliding into an economic downturn?
06/03/2026

Australia’s economy slowed sharply in the March quarter, and the real weakness may only just be beginning.

Sean Aylmer speaks with Paul Bloxham, Chief Economist - Australia, New Zealand & Global Commodities at HSBC, about why rising interest rates, falling confidence, weakening house prices and the Middle East conflict could push Australia into a genuine downturn - and why the Reserve Bank may be unable to cut rates quickly even if the economy weakens sharply.

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Afternoon Report | ASX up 0.7pc on rate hopes
06/03/2026

This is the Fear & 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 up as GDP fuels rate hopes Morrison backs subs plan Corporate wrap: Maggie Beer, Ingenia, Megaport KPMG scandal escalates Google’s plan to release mosquitos

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3m workers get 4.75pc pay rise; Kmart takes on IKEA; 3.5m Insta followers in 48 hours
06/02/2026

Wednesday 3 June 2026

Almost three million workers will receive a pay rise of at least 4.75 per cent, but economists warn the increase could lead to higher interest rates. 

An activist investor takes on Australia’s biggest gold stock Kmart vs IKEA in homewares Insurers report a doubling of requests for EV coverage The kiwi footballer whose Instagram account went from less than 5,000 followers to 3.5 million in two days

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Q+A: The technology helping prove what’s real in the AI era
06/02/2026

Generative AI is making fake video and audio harder than ever to detect, raising one of the defining questions of the AI era: how do we know what’s real?

Sean Aylmer speaks with Finbar O’Hanlon, founder and Chief Innovation Officer of ASX-listed Ion Video, about new technology designed to verify whether video is genuinely human-created.... and why the future of AI video may involve fully personalised news, education and entertainment streams built in real time.

Ion Video is a supporter of Fear & Greed

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Afternoon Report | Retailers slip after wage ruling
06/02/2026

This is the Fear & 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.

Retailers slip after wage ruling

Dwelling approvals drop

Call to overhaul copyright law

Corporate news wrap: Atlas Arteria, Nine, Collins Foods

US discussing nuclear expansion

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Tech stocks surge; battle for NRL rights; Aussie unis drop down rankings
06/01/2026

Tuesday 2 June 2026

Local tech stocks surged yesterday, but the sector remains the worst performer on the ASX, in sharp contrast to many other global markets. 

Broadcasters battle to win the rights to the National Rugby League Australian universities drop down global rankings A poll says One Nation is now the most popular political party in the country How Ford Motors pivoted away from cars and triggered a surge in its share price 

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Q+A: Has Australia’s housing downturn finally arrived?
06/01/2026

Australia’s housing market is weakening, and Sydney and Melbourne are now clearly falling. National house prices were flat in May, auction clearance rates have dropped sharply, and investors are facing major uncertainty following proposed tax changes in the federal budget.

Sean Aylmer speaks with Tim Lawless, Research Director at Cotality, about what happens next for house prices, renters, investors and first home buyers - and why this downturn looks different from previous housing cycles.

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Afternoon Report | ASX flat as tech surges
06/01/2026

This is the Fear & 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 as tech surges

One Nation most popular party

Peter Warren tumbles 25pc

Corporate wrap: Lendlease, Cettire, DroneShield

Nvidia announces new chip

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House prices tumble; $A at decade high; pollies told to stay quiet in Chinese EVs
05/31/2026

Monday 1 June 2026

House prices across the country flatline, while in Sydney and Melbourne they fell sharply last month.

The Aussie dollar pushes back above 72 US cents and is riding high against many global currencies Local politicians told not to have confidential discussions in Chinese made EVs.  The use of debit cards is declining A CIA official accused of stealing $303 million worth of gold bars from the organisation

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Q+A: The Week Ahead | 1 June 2026
05/31/2026

This week:

March quarter GDP figures A Senate appearance by RBA Governor Michele Bullock Building approvals International trade And is a June rate hike off the table, following last week's inflation numbers?

Michael Thompson is joined by economist Stephen Koukoulas to look at what to expect.

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Five Questions: We’ve all been made redundant. Here’s what happened next
05/30/2026

This week, it's Five Questions on redundancy, career shocks and what comes next.

Sean, Michael and Adam share their own experiences of losing jobs, the emotional hit that comes with redundancy, and why it can also become a turning point.

They discuss identity, uncertainty, stigma, rebuilding confidence — and why Fear & Greed probably wouldn’t exist without those career setbacks.

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The Saturday Edition | 30 May 2026
05/29/2026

Good news on inflation, the government launches a $2 billion lawsuit, plans for a moon base, and companies dealing with unexpected changes of plans. Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Adam Lang picking a winner in a fierce debate.

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Afternoon Report | ASX jumps on ceasefire hopes
05/29/2026

This is the Fear & 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 up 1.6pc

Reports of ceasefire agreement

KPMG Chief Exec quits

Tony Abbott new Liberal Council president

Blue Origin rocket explodes

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Fed govt sues 3M for $2b; Ferrari EV launch a flop; Rinehart richest Australian
05/28/2026

Friday 29 May 2026

The federal government launches its biggest ever legal action over the manufacture of forever chemicals. 

The US and Israel strike in the Middle East, sending the ASX tumbling Ferrari launches its first ever electric vehicle, to howls of protests  Business investment surges on the back of data centres Gina Rinehart once again named Australia’s richest person

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Q+A: How Australia’s richest people really make - and keep - their money
05/28/2026

The latest AFR Rich List reveals just how quickly wealth has grown in Australia — with the cutoff for the top 200 now sitting above $800 million.

Michael Thompson and Sean Aylmer unpack what the list says about the Australian economy, why property remains the most reliable path to enormous wealth, and how the nature of billionaires has evolved over time. Sean also reflects on his years helping compile the original BRW Rich List — including the awkward calls to billionaires checking whether their wealth estimates were right.

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Afternoon Report | ASX tumbles on Middle East hostilities
05/28/2026

This is the Fear & 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 on Middle East hostilities

Treasury Secretary on tax changes

Question Time gets rowdy

State of Origin most streamed program

Google engineer charged with insider trading

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