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.


ASX dips for the day but up for the week


Defence faces landmark class action


RBA chief warns on housing, payments and quantum threat


Former ANZ boss defends trader’s sacking


Trump cuts off trade talks with Canada

Join our free daily newsletter here for your chance to win Fear & Greed merch! 

This is the&nbsp;<a href="https://fearandgreed.com.au/">Fear and Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li>
ASX dips for the day but up for the week
</li>
<li>
Defence faces landmark class action
</li>
<li>
RBA chief warns on housing, payments and quantum threat
</li>
<li>
Former ANZ boss defends trader&rsquo;s sacking
</li>
<li>
Trump cuts off trade talks with Canada
</li>
</ol>
Join our<a href="https://fearandgreed.com.au/newsletter-signup"> free daily newsletter here</a> for your chance to win Fear &amp; Greed merch!&nbsp;

Five business news stories in five minutes, with journalists Sean Aylmer and Michael Thompson. When you remove the grey, you get your news quicker. Find out more at https://fearandgreed.com.au

Five business news stories in five minutes, with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. When you remove the grey, you get your news quicker. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

The business news you need, in just five minutes.

Fast Five by Fear and Greed

Five business news stories in five minutes, with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. When you remove the grey, you get your news quicker. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Fear and Greed Afternoon Report | 24 Oct 2025

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/630bbbe7-cea8-4999-90f4-b3800064d065/transcript

Private credit has exploded in popularity, drawing the attention of investors and regulators alike. Sean Aylmer is joined by Roger Montgomery from Montgomery Investment Management to explain why banks have stepped back from business lending, how non-bank lenders have filled the gap, and why private credit has become so attractive for income-seeking investors. Roger also outlines the key risks to watch for, and the importance of independent credit ratings when choosing a fund.

Learn more about Montgomery’s private credit funds at
www.montinvest.com/privatecredit

For more information, visit www.montinvest.com or call 02 8046 5000.
Follow Roger’s insights at www.rogermontgomery.com

This is Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12. This episode is brought to you by Montgomery Investment Management. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs.

Private credit has exploded in popularity, drawing the attention of investors and regulators alike. Sean Aylmer is joined by Roger Montgomery from Montgomery Investment Management to explain why banks have stepped back from business lending, how non-bank lenders have filled the gap, and why private credit has become so attractive for income-seeking investors. Roger also outlines the key risks to watch for, and the importance of independent credit ratings when choosing a fund.
Learn more about Montgomery&rsquo;s private credit funds at <a href="https://investwith.montinvest.com/montinvestprivatecreditfearandgreed">www.montinvest.com/privatecredit</a>
For more information, visit <a href="https://investwith.montinvest.com/rogermontgomery.comfearandgreed">www.montinvest.com</a> or call 02 8046 5000. Follow Roger&rsquo;s insights at <a href="https://investwith.montinvest.com/rogermontgomery.comfearandgreed">www.rogermontgomery.com</a>
This is Fear &amp; Greed's summer series - all-new short episodes every day, with regular news back from January 12. This episode is brought to you by Montgomery Investment Management. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs.

Why private credit is booming

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/eb678db9-a352-430e-a46f-b3bc005434fe/transcript

The $US15b sunken treasure vs Australia's economic sweet spot vs Sean's adventures working remotely in France: Sean Aylmer, Michael Thompson and Adam Lang each nominate the best good news story from the year, and choose a winner.

This is Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12.

The $US15b sunken treasure vs Australia's economic sweet spot vs Sean's adventures working remotely in France: Sean Aylmer, Michael Thompson and Adam Lang each nominate the best good news story from the year, and choose a winner.
This is Fear &amp; Greed's summer series - all-new short episodes every day, with regular news back from January 12.

Sunken treasure vs economic sweet spots vs working remotely

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/fc3ac849-14a9-4645-be81-b3bc0053e6cc/transcript

Anthony Albanese's landslide election win vs the demise of the Coalition vs the world-leading social media ban. Sean Aylmer, Michael Thompson and Adam Lang each nominate their top political story from the year - and choose a winner.

This is Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12.

Anthony Albanese's landslide election win vs the demise of the Coalition vs the world-leading social media ban. Sean Aylmer, Michael Thompson and Adam Lang each nominate their top political story from the year - and choose a winner.
This is Fear &amp; Greed's summer series - all-new short episodes every day, with regular news back from January 12.

Albo's landslide vs Coalition's demise vs social media ban

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/a54d090a-db58-404f-a2d2-b3bc00539f81/transcript

Fear and Greed Afternoon Report | 24 Oct 2025

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