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Afternoon Report | ASX tumbles as oil tops $US100

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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.

  1. ASX tumbles as oil tops $US100

  2. Rudd warns Australia risks becoming ‘second-rate’

  3. Queensland faces credit rating downgrade

  4. Breville boss sells $4.3m in shares

  5. Samsung welcomes Apple to the fold

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