This is the Fear & 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 gains for second day


Firmus founder hits back after failed float


PM defends small business record


Airport bus links face delays


McKinsey removes senior partner from leadership

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This is the<a href="https://fearandgreed.com.au/"> Fear &amp; 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 aria-level="1">
ASX gains for second day
</li>
<li aria-level="1">
Firmus founder hits back after failed float
</li>
<li aria-level="1">
PM defends small business record
</li>
<li aria-level="1">
Airport bus links face delays
</li>
<li aria-level="1">
McKinsey removes senior partner from leadership
</li>
</ol>
Join our&nbsp;<a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <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>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Afternoon Report | ASX climbs 0.8pc

Monday 12 October 2026

The ASX, brokers and the tech sector brace for the fall-out from the failed Firmus float.
Renewed fighting in the middle east and higher oil prices are set to hit global markets as investors buy gold
Major EV manufacturers cut prices for vehicles in Australia
Household rents might have hit a ceiling
Donald Trump’s extraordinary 36 hours of criticism

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That?- is your home your best investment? Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Monday 12 October 2026
The ASX, brokers and the tech sector brace for the fall-out from the failed Firmus float.
<ul>
<li aria-level="1">Renewed fighting in the middle east and higher oil prices are set to hit global markets as investors buy gold</li>
<li aria-level="1">Major EV manufacturers cut prices for vehicles in Australia</li>
<li aria-level="1">Household rents might have hit a ceiling</li>
<li aria-level="1">Donald Trump&rsquo;s extraordinary 36 hours of criticism</li>
</ul>
&nbsp;
Hit follow on the podcast so you don&rsquo;t miss the latest news, and join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>.&nbsp;
&nbsp;
And don&rsquo;t miss the latest episode of <a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/">How Do They Afford That?</a> - is your home your best investment? Get the episode from <a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235">Apple</a>, <a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14">Spotify</a> or anywhere you listen to podcasts.

Failed Firmus float to rock ASX; EV makers cut prices; have rents stopped rising?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/cefd85d6-f63a-4a00-acbd-b4e000ae95b8/transcript

NAB Senior Economist Taylor Nugent joins Sean Aylmer to discuss what tomorrow's RBA minutes might reveal, why the central bank is sticking with its 2–3 per cent inflation target, and why this week's unemployment figures could be crucial ahead of the November interest rate decision.

The Week Ahead with NAB is brought to you by National Australia Bank

NAB Senior Economist Taylor Nugent joins Sean Aylmer to discuss what tomorrow's RBA minutes might reveal, why the central bank is sticking with its 2&ndash;3 per cent inflation target, and why this week's unemployment figures could be crucial ahead of the November interest rate decision. The Week Ahead with NAB is brought to you by <a href="https://www.google.com/url?q=https://www.nab.com.au/&amp;sa=D&amp;source=calendar&amp;ust=1792147446894937&amp;usg=AOvVaw2yEzrqw13CCT38a7LYoAH3">National Australia Bank</a>

Q+A: The Week Ahead with NAB

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/cc4e023f-6f74-4d6b-961e-b4e000ae941d/transcript

Fear & Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcasts.

There's been a major change to the way investments will be taxed in Australia. But there's one very important asset that retains a significant tax advantage - your family home. Join Canna Campbell - a financial planner for 20 years - and Fear & Greed's Michael Thompson as they ask the question: if investing elsewhere becomes less attractive from a tax perspective, does it make more sense to improve the asset you already live in?

Canna and Michael's new book is available now! Pick up your copy of Twelve Months to Financial Freedom at Big W, bookshops or online.

---

The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product.

​Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd AFSL No. 700012 ABN 97 678 975 589.

Fear &amp; Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcasts. There's been a major change to the way investments will be taxed in Australia. But there's one very important asset that retains a significant tax advantage - your family home. Join&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/sugarmammatv/&amp;sa=D&amp;source=calendar&amp;ust=1792046254314827&amp;usg=AOvVaw139Uc7-vOcTgQ77UTKXjnL">Canna Campbell</a>&nbsp;- a financial planner for 20 years - and&nbsp;<a href="https://www.google.com/url?q=https://fearandgreed.com.au/&amp;sa=D&amp;source=calendar&amp;ust=1792046254314827&amp;usg=AOvVaw1zd2Cn06RwG87PArW0GjY9">Fear &amp; Greed</a>'s&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/michaelthompsonauthor/&amp;sa=D&amp;source=calendar&amp;ust=1792046254314827&amp;usg=AOvVaw1yOI6KlSOdg21j4ul7gev2">Michael Thompson</a>&nbsp;as they ask the question: if investing elsewhere becomes less attractive from a tax perspective, does it make more sense to improve the asset you already live in? Canna and Michael's new book is available now! Pick up your copy of <a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1792046254314827&amp;usg=AOvVaw3AP2uQJqfKGIviVsfbNAsT">Twelve Months to Financial Freedom</a> at Big W, bookshops or <a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1792046254314827&amp;usg=AOvVaw3AP2uQJqfKGIviVsfbNAsT">online</a>. --- The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product. ​Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd AFSL No. 700012 ABN 97 678 975 589.

Is your home your best investment?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/596d73b2-ebe6-43d5-aa87-b4df006e6e2b/transcript

Afternoon Report | ASX climbs 0.8pc

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