FEAR & GREED | Business News

With the last of the big banks reporting their full year results this week, we now have a pretty clear picture of how the sector is travelling. Combined headline cash earnings are up 7% to $28.5 billion - but the solid result comes with a warning about inflation, interest rate rises and the economic outlook ahead.

Doug Nixon, Oceania Banking and Capital Markets Leader at EY, talks to Adam Lang about the health of the big banks and the forecast for the future.

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.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Thursday 10 November 2022

National Australia Bank’s profits are up – but CEO Ross McEwan warns on interest rates. 

Also today:

• News Corp’s shocker result
• The Medibank hacker starts releasing Australians’ personal medical information
• Polls close in US midterm elections 

Plus don’t miss the latest episode of How Do They Afford That?

This week, it’s all about superannuation - how much do you need? Subscribe: APPLE, SPOTIFY, or anywhere you listen to podcasts

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Working capital is the latest challenge for Australian businesses, with average working capital cycles lengthening by more than five days in 2022. It means an additional $11.1 billion is effectively 'locked up'.

Jason Ireland and Sean Wiles, partners at McGrathNicol Advisory & co-authors of the tenth annual Working Capital Report, talk to Adam Lang about how different sectors are managing working capital and cash flow.

McGrathNicol is a supporter of this podcast

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.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Wednesday 9 November 2022

Medibank’s hackers prepare to release customer data to the internet

Also today:

• James Hardie issues a profit warning as global housing markets slow
• Consumer confidence takes a hit
• All eyes on the US as voters go to the polls in the midterm elections

Plus don’t miss the latest episode of How Do They Afford That?

This week, it’s all about superannuation - how much do you need? Subscribe: APPLE, SPOTIFY, or anywhere you listen to podcasts

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Qualtrics is a company with 17,000 organisations worldwide to manage their customer and employee experience programs - brands like Coca Cola, Ferrari and Microsoft.

Brigid Archibald, Asia Pacific & Japan Managing Director at Qualtrics, talks to Adam Lang about the importance of data in every interaction between a company, its customers and employees.

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.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Tuesday 8 November 2022

Westpac sounds a warning on inflation while posting a decline in full year profits 

Also today:

• Medibank stands up to its hackers but admits the number of people affected by the hack is just getting bigger
• Selling beer is not as recession proof as we thought it was.
• Facebook the next tech giant to shed staff

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.

Conditions for small businesses in Australia are pretty tough right now - from an extreme worker shortage, to inflation and rising costs. So how do they continue to grow?

Paul Presland, ANZ’s General Manager, Small Business, talks to Adam Lang about resilience in SMEs, and preparing for a rainy day.

Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.