FEAR & GREED | Business News

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 11 May 2023 Economists warn that the budget may trigger further interest rate rises.  Also today: Healthcare, real estate and retail stocks win out of Tuesday night’s policy announcements CSR boss says backlog of building work will cushion industry downturn And soon you can rent a bed by the hour, on long haul flights to the US Plus don’t miss the latest episode of How Do They Afford That? This week is about saving money on clothes. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Australian banks have delivered pretty solid half-year results, with the four major banks reporting almost $16.8 billion in combined statutory earnings. That’s up 10.8% on the 2022 half-year results - but the headwinds are getting stronger.Doug Nixon, Oceania Banking and Capital Markets Leader at EY, talks to Sean Aylmer about the pressure on the banks, and the local impact of turmoil in the US banking system.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 10 May 2023 Treasurer Jim Chalmers outlines a budget surplus, big changes to Medicare, a bunch of cost-of-living initiatives, and good news on inflation, in his first full budget last night.  Also today: Commonwealth Bank makes $2.6 billion in just three months, as it pulls back cashbacks in the home lending market.  McDonald’s sales in Australia hit a record on the back of cups of coffee and home delivery. Goldman Sachs agrees to pay $215m to end class action lawsuit Plus don’t miss the latest episode of How Do They Afford That? This week is about saving money on clothes. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Last night Treasurer Jim Chalmers handed down the Federal Budget, delivering a surprise surplus - the first one in 15 years. At the same time, there are plenty of spending measures designed to ease cost of living pressures. But could they put more pressure on the Reserve Bank to increase interest rates? Stephen Koukoulas, the Managing Director of Market Economics and a former economic adviser to a Prime Minister, talks Sean Aylmer through the key points of the Budget.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 9 May 2023 Westpac outlines a $4 billion profit but says the best times have passed. Also today: Federal Treasurer Jim Chalmers set to announce plenty of spending in tonight’s budget, but there will also be plenty of programs that have their funding cut or dropped US President Joe Biden’s approval slides to a career low And the boss of IBM admits that working from home does harm your promotional chances Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Tonight's budget is set to have a cost of living focus, with households and businesses across the country struggling.Charles Croucher, Chief Political Editor of 9News, talks to Sean Aylmer about the politics of the budget, and assesses the Government's first year in office.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.