FEAR & GREED | Business News

A record number of Australians have lost their jobs and it’s only going to get worse.  The economy has now lost 835,000 jobs during the COVID-19 crisis, a number which Prime Minister Scott Morrison described as devastating. 

Also today:

• Some university courses are about to get much more expensive
• One of Australia’s oldest and biggest mining projects is set for a revamp
• The company whose share price more than doubled in just under six hours.

Plus an interview with Sam Wood, reality TV star and entrepreneur, about developing a hugely successful fitness and nutrition business.

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Sean Aylmer speaks with Sam Wood, owner of 28 By Sam Wood, about the growth of his fitness and nutrition business, his family, and his tips for young entrepreneurs.

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

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Sean Aylmer speaks to Laura Tingle, Chief Political Correspondent for ABC's 7.30, about the Federal Government's management of the COVID-19 pandemic, the plans for industrial relations reform, and the role of the National Cabinet in the future.

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Australia and Britain start working together on a free trade deal, with hope working visa requirements will be eased.  Meanwhile, it’s state vs state as our domestic borders slowly reopen.

Also today:

• One of the two main bidders for Virgin Australia wins union support
• The Victorian ALP debacle keeps getting worse
• And is it the end of an era in plane travel?

Plus, an interview with ABC’s chief political correspondent for 7:30 Laura Tingle, about the performance of the Prime Minister and the crisis in the Labor Party.

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

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Today the markets are the main story.  There’s a growing chorus of watchers, including the Reserve Bank, wondering why the Australian stock market has rallied so hard. 

Also today:

• Australia to become more vocal on the world stage
• The Federal Labor party takes over the Victorian branch
• And promising figures in the jobs market

Plus an interview with Daniel Hynes, Senior Commodity Strategist at ANZ, about all things gold.

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Sean Aylmer speaks with Daniel Hynes, Senior Commodity Strategist at ANZ, about all things gold - the precious metal seen as a safe haven for investors.

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

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Business in Australia is up for a tough six months, according to the Prime Minister, and many will fold as government assistance packages are removed and the focus shifts towards investing for growth.

Also today:

• The Labor Party in Victoria is in a world of pain, with a cabinet minister sacked over cash payments.
• Guess which is the biggest car company in the world?
• The media versus Facebook and Google gets nasty

Plus an interview with Deloitte Access Economics partner Chris Richardson about why tax reform is so important for Australia’s future.

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

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Sean Aylmer speaks to Chris Richardson, Partner at Deloitte Access Economics, about the importance of tax reform in the wake of the COVID-19 pandemic.  They also look at the Government's fast-tracking of infrastructure projects, industrial relations reform, and the future role of the National Cabinet. 

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

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$72-billion in infrastructure projects will be fast tracked, including the much mooted Brisbane to Melbourne rail link.  The goal? Create 66,000 jobs to stimulate the economy.

Also today:

• Further easings in lockdown restrictions across the country
• One of the two bidders left in the race for Virgin Australia unveils its plans
• And drug dispensing in Australia gets a boost

Plus, an interview with AMP Capital senior economist Diana Mousina about whether the economy is turning into a Nike swoosh. 

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

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Sean Aylmer speaks to Diana Mousina, Senior Economist with AMP Capital, about economic recovery, why consumers are so important, and whether the Government has over-stimulated the economy.

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

See omnystudio.com/listener for privacy information.