FEAR & GREED | Business News The Saturday Edition | 31 Jan 2026
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Jan 30, 2026 A lively clash over the week's biggest business headlines. They debate surprise inflation and the chance of an RBA rate move. Markets steal the spotlight with Aussie dollar swings, gold records and tech sell-offs. Renewables hitting a milestone and Victoria's extreme heat make headlines. Political turmoil in the Coalition and bids for top global roles add high-stakes drama.
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Inflation Raises Odds Of Imminent Rate Hike
- Underlying inflation came in higher than expected in the December quarter, raising the likelihood of an RBA interest rate hike next week.
- All four major banks predicted a rate rise, signalling material economic impact for homeowners and borrowers.
Aussie Dollar Surge Signals Global Shift
- The Aussie dollar climbed above US$0.70 amid a weak US dollar and Fed pause, affecting exporters and importers differently.
- Global moves in currencies, gold and tech stocks point to a shifting trade and investment landscape.
Renewables Supply Majority Of Electricity
- For the first time, renewables supplied the majority of Australia's electricity in a quarter, lowering prices and emissions intensity to record lows.
- Rooftop solar and battery rollouts were major contributors to this tipping point in the energy mix.