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 up 1pc
Australian lamb exports under threat
Chalmers defends gas tax
Sydney Airport strike causes little disruption
Tesla's rocket-powered Roadster

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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 up 1pc</li>
<li aria-level="1">Australian lamb exports under threat</li>
<li aria-level="1">Chalmers defends gas tax</li>
<li aria-level="1">Sydney Airport strike causes little disruption</li>
<li aria-level="1">Tesla's rocket-powered Roadster</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 up 1pc; Tesla’s flying car

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5bfa20ba-1d79-467b-8e22-b4e50061a897/transcript

This week: is it a good week or a bad week for the Australian economy? A wine bargain for the ages, two spectacular dummy spits, and the unlikely connection between Sean and Michael's early careers.

It's the Saturday Edition of Fear & Greed, with Michael Thompson and Sean Aylmer going head-to-head in a battle of the week's best business stories, judged by Adam Lang.

Join our free daily newsletter here.

This week: is it a good week or a bad week for the Australian economy? A wine bargain for the ages, two spectacular dummy spits, and the unlikely connection between Sean and Michael's early careers. It's the Saturday Edition of Fear &amp; Greed, with Michael Thompson and Sean Aylmer going head-to-head in a battle of the week's best business stories, judged by Adam Lang. Join our<a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1792586637942259&amp;usg=AOvVaw34YmLv_1C0Xn_0BeOmE5pp"> free daily newsletter here</a>.

The Saturday Edition | 17 Oct 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/30748f8c-2b21-47dc-b3b1-b4e500bcab98/transcript

Friday 16 October 2026

Australia’s unemployment rate hits a five year high, but it might not be enough to prevent another rate hike. 
The auction market slump is forcing sellers to accept lower prices
The federal government launches its flagship online safety legislation
ASIC drops its insider trading investigation into WiseTech Global founder Richard White
Apple shifts into the smart home world, taking on Amazon and Google

 

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?- should you trust AI with your money? Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Friday 16 October 2026
Australia&rsquo;s unemployment rate hits a five year high, but it might not be enough to prevent another rate hike.&nbsp;
<ul>
<li aria-level="1">The auction market slump is forcing sellers to accept lower prices</li>
<li aria-level="1">The federal government launches its flagship online safety legislation</li>
<li aria-level="1">ASIC drops its insider trading investigation into WiseTech Global founder Richard White</li>
<li aria-level="1">Apple shifts into the smart home world, taking on Amazon and Google</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> - should you trust AI with your money? 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.

Unemployment rate jumps; home sellers drop asking prices; Apple launches smart display

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/c378594d-f6a6-4b00-8117-b4e400a9e0ec/transcript

What does it take to turn magic into a serious business? For Scott Zhou, it meant dropping out of a commerce/law degree, building a team of professional magicians, and finding a way to sell something people really need to experience to understand.

Sean Aylmer speaks with Scott, CEO of The Black Ties, about building a business generating roughly $700,000 a year, why marketing matters as much as the magic itself, and his ambition to create Australia's own version of Hollywood's famous Magic Castle. Scott also performs a trick that leaves Sean completely baffled.

What does it take to turn magic into a serious business? For Scott Zhou, it meant dropping out of a commerce/law degree, building a team of professional magicians, and finding a way to sell something people really need to experience to understand. Sean Aylmer speaks with Scott, CEO of <a href="https://www.google.com/url?q=http://www.theblackties.com.au&amp;sa=D&amp;source=calendar&amp;ust=1792492128555104&amp;usg=AOvVaw02vejkoqjE8Z17k4V3hEUp">The Black Ties</a>, about building a business generating roughly $700,000 a year, why marketing matters as much as the magic itself, and his ambition to create Australia's own version of Hollywood's famous Magic Castle. Scott also performs a trick that leaves Sean completely baffled.

Q+A: From university dropout to a $700,000 magic business

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6012ed7d-e6be-4a7d-91c2-b4e400a9deaa/transcript

Afternoon Report | ASX up 1pc; Tesla’s flying car

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