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 loses 1pc as gold slides


Bitcoin tumbles


Littleproud survives challenge


Economy airfare wars


Grammy protests

Join our free daily newsletter here.

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 loses 1pc as gold slides
</li>
<li>
Bitcoin tumbles
</li>
<li>
Littleproud survives challenge
</li>
<li>
Economy airfare wars
</li>
<li>
Grammy protests
</li>
</ol>
Join our <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 down 1pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/0f15d050-db7d-435d-a7f9-b3e50062b135/transcript

Wednesday 2 September 2026

The federal government pitches AI as the answer to our productivity challenges, but it may come with an inflation risk. 
Bond yields hit multi-year highs
CSL strikes a deal with the US government
ASIC closes its investigation into Chris Ellison and Mineral Resources
Solar overtakes coal to become China’s biggest source of power capacity

 

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?- twelve months to financial freedom. Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Wednesday 2 September 2026
The federal government pitches AI as the answer to our productivity challenges, but it may come with an inflation risk.&nbsp;
<ul>
<li aria-level="1">Bond yields hit multi-year highs</li>
<li aria-level="1">CSL strikes a deal with the US government</li>
<li aria-level="1">ASIC closes its investigation into Chris Ellison and Mineral Resources</li>
<li aria-level="1">Solar overtakes coal to become China&rsquo;s biggest source of power capacity</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> - twelve months to financial freedom. 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.

Chalmers bets on AI; Bond yields hit multi-year highs; CSL strikes Trump deal

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/a6aa1c17-6756-4436-9173-b4b800cff1dd/transcript

Australian businesses are pouring money into artificial intelligence — but many still don't know whether it's actually paying off. New research from Elastic suggests one in three businesses exceeded their AI budget last financial year, while just 8% are tracking AI's contribution to revenue or cost savings.

Sean Aylmer speaks with Jeremy Pell, Country Manager ANZ at Elastic, about why AI spending is blowing out, how businesses can measure the return they're getting, and why the next phase could be about matching different AI models to different jobs.

To find out more, check out Elastic's information on tokenmaxxing.   

Elastic is a supporter of Fear & Greed.

Australian businesses are pouring money into artificial intelligence &mdash; but many still don't know whether it's actually paying off. New research from Elastic suggests one in three businesses exceeded their AI budget last financial year, while just 8% are tracking AI's contribution to revenue or cost savings. Sean Aylmer speaks with Jeremy Pell, Country Manager ANZ at Elastic, about why AI spending is blowing out, how businesses can measure the return they're getting, and why the next phase could be about matching different AI models to different jobs. To find out more, check out&nbsp;<a href="https://www.google.com/url?q=https://www.elastic.co/blog/ai-cost-research-tokenmaxxing&amp;sa=D&amp;source=calendar&amp;ust=1788698272992826&amp;usg=AOvVaw1Z_j3m37gE2OzqM11nOynP">Elastic's information on tokenmaxxing</a>.&nbsp;&nbsp;&nbsp; Elastic is a supporter of Fear &amp; Greed.

Q+A: How to stop your AI budget blowing out

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/3cddddd5-8499-4c53-b573-b4b800cfeff9/transcript

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 slips as oil jumps


Fuel imports widen Australia’s deficit


CBA tips 10pc housing correction


Smooth FM breaks audience record


Messi calls time on Argentina

Join our free daily newsletter here.

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 slips as oil jumps
</li>
<li aria-level="1">
Fuel imports widen Australia&rsquo;s deficit
</li>
<li aria-level="1">
CBA tips 10pc housing correction
</li>
<li aria-level="1">
Smooth FM breaks audience record
</li>
<li aria-level="1">
Messi calls time on Argentina
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX slips as oil jumps

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/daaf9bc3-2dad-4366-8d73-b4b80072937d/transcript

Afternoon Report | ASX down 1pc

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