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 falls 1.3pc


Shadow Treasurer launches ‘Stand with Small’ campaign


Webjet slumps after Virgin cuts commissions


James Hardie’s full year results down 75pc


Son of billionaire named as suspect in death

Join our free daily newsletter here.

This is the&nbsp;<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 falls 1.3pc
</li>
<li aria-level="1">
Shadow Treasurer launches &lsquo;Stand with Small&rsquo; campaign
</li>
<li aria-level="1">
Webjet slumps after Virgin cuts commissions
</li>
<li aria-level="1">
James Hardie&rsquo;s full year results down 75pc
</li>
<li aria-level="1">
Son of billionaire named as suspect in death
</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 tumbles 1.3pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/ca2ff8fe-79ef-4c71-a8dd-b45000703f82/transcript

Wednesday 20 May 2026

The Reserve Bank says it is worried about inflation but hints that rates might be on hold. 
Prime Minister Anthony Albanese says the new 30 per cent tax on trusts will take some time to implement
Beef farmers' golden period might be about to come to an end
Super returns heading for a fourth consecutive year of decent returns
Elon Musk loses his fight against OpenAI and its chief executive, Sam Altman

Hit follow on the podcast so you don’t miss the latest news

Join our free daily newsletter here

And don’t miss the latest episode of How Do They Afford That? - how to entertain well (without overspending). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Wednesday 20 May 2026
The Reserve Bank says it is worried about inflation but hints that rates might be on hold.&nbsp;
<ul>
<li aria-level="1">Prime Minister Anthony Albanese says the new 30 per cent tax on trusts will take some time to implement</li>
<li aria-level="1">Beef farmers' golden period might be about to come to an end</li>
<li aria-level="1">Super returns heading for a fourth consecutive year of decent returns</li>
<li aria-level="1">Elon Musk loses his fight against OpenAI and its chief executive, Sam Altman</li>
</ul>
Hit follow on the podcast so you don&rsquo;t miss the latest news
Join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>
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> - how to entertain well (without overspending). 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.

RBA hints rates on hold; new 30pc trust tax delay; Musk loses fight against OpenAI, Altman

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/4ccf0369-a346-42dc-8511-b44f00cd04f7/transcript

The federal budget introduced major housing measures, including changes to negative gearing and capital gains tax concessions for investors. But will the policies actually improve affordability? Or simply shift pressure elsewhere in the market?

Sean Aylmer speaks with Dr Nicola Powell, Chief of Research and Economics at Domain, about what the changes could mean for house prices, rents, investors and first home buyers.

The federal budget introduced major housing measures, including changes to negative gearing and capital gains tax concessions for investors. But will the policies actually improve affordability? Or simply shift pressure elsewhere in the market? Sean Aylmer speaks with Dr Nicola Powell, Chief of Research and Economics at Domain, about what the changes could mean for house prices, rents, investors and first home buyers.

Q+A: The housing market after the budget: winners, losers and risks

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/70a3e60f-7e30-4ebf-8914-b44f00cd02fe/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 rallies 1.2pc


TechnologyOne dismisses SaaSpocalypse fears


Santos, Shell attack govt polocy


Albanese response to meme campaign


Stefanovic, Maguire sign with ARN

Join our free daily newsletter here.

This is the&nbsp;<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 rallies 1.2pc
</li>
<li aria-level="1">
TechnologyOne dismisses SaaSpocalypse fears
</li>
<li aria-level="1">
Santos, Shell attack govt polocy
</li>
<li aria-level="1">
Albanese response to meme campaign
</li>
<li aria-level="1">
Stefanovic, Maguire sign with ARN
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX rallies 1.2pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/498d3380-6adc-4629-b57e-b44f006e64ba/transcript

Afternoon Report | ASX tumbles 1.3pc

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FEAR & GREED | Business News

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