FEAR & GREED | Business News PM urges calm; ASX has best day in a year amid peace hopes; the great KitKat heist
8 snips
Apr 1, 2026 Anish Sinha, co-founder and COO of UpCover, a digital small‑business insurance innovator. He talks about digitalising insurance with fast quotes and customer‑centric product thinking. He explores using AI agents to speed workflows and the move toward structured submissions. Short, tech-forward stories about scaling a regulated industry.
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Voluntary Fuel Conservation Request
- Anthony Albanese urged Australians to voluntarily reduce petrol and diesel use instead of imposing rationing to protect essential services like farming and trades.
- He recommended switching to public transport and exercising common sense after the government announced temporary ATO and bank relief for small businesses hit by fuel price spikes.
Markets Snap Back On Hopes Of Quick Peace
- Markets rallied strongly as US President Donald Trump's comments that the Middle East war could end in weeks pushed oil prices lower and boosted the ASX 200 by about 2.2%.
- Miners and banks led gains with BHP up nearly 5% and Fortescue rising 4%, adding roughly $68 billion to market value.
Unit Approvals Drive Housing Supply Uptick
- Building approvals jumped 30% in February driven by a surge in volatile unit approvals, lifting annual approvals closer to 200,000.
- Despite approvals rising, completions lag and population changes mean current supply may only approach demand balance.