FEAR & GREED | Business News

Wednesday May 11 2022

Businesses and households are confident and spending, even though the share market is tumbling. 

Also today:

• A major deal between a gig economy company and a union. 
• Bad news for households: wholesale gas prices are rising fast
• And an Andy Warhol silkscreen of Marilyn Munro sells for a record $US195 million.

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The four major banks had headline cash earnings of $14.4 billion in the last half year. But as interest rates start to rise, what should we expect from the sector?

Tim Dring, Oceania Banking and Capital Markets Leader at EY, talks to Sean Aylmer about the results and the outlook for the banks.

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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.

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

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Tuesday May 10 2022

The local share market falls again with 80 per cent of stocks going backwards

Also today:

• Westpac reports surprisingly strong results, giving a boost to its share price 
• Star Entertainment Group finally takes action
• And both the coalition and Labor parties start spending up big

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

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Last month Australia and India signed a major interim free trade deal, cutting tariffs on a range of exports from coal and rare earths, to sheep and lobsters.

The India Australia Business and Community Alliance is the largest platform connecting business and entrepreneurs between the two countries.

Sonia Sadiq Gandhi, the founder of IABCA, talks Sean Aylmer through what the deal means for Australian businesses, and where the opportunities lie.

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.

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

See omnystudio.com/listener for privacy information.

Monday May 9 2022

The leaders of the LIberal and Labor parties, Scott Morrison and Anthony Albanese, square off in the second debate of the campaign. 

Also today:

• The Reserve Bank makes it clear that there’s plenty more rate hikes to come. 
• The top two Macquarie executives earn $62 million between them for a year’s work.
• Elon Musk’s Twitter takeover pitch leaks

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Interest rates are rising around the world as central banks work to manage inflation.

Scott Haslem, Chief Investment Officer at Crestone Wealth Management, talks to Sean about how far rates will need to go, and what it all means for investors.

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

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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).

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SAFEWORD BY FEAR AND GREED IS MOVING! To keep hearing it every week, search for it on your podcast platform, or click here to subscribe/follow:

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Would you take a 20 hour flight if it meant no stopover? And are there just a few words you should never google at work?

The Fear and Greed team - Sean Aylmer, Michael Thompson and Adam Lang - tackle the big issues in the world of business.

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