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 tumbles
Sub worries
Wisetech directors
Sampson resigns
Putin v Trump

This is the <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 tumbles</li>
<li>Sub worries</li>
<li>Wisetech directors</li>
<li>Sampson resigns</li>
<li>Putin v Trump</li>
</ol>

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 | Market turmoil

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/964460c4-768e-4276-a850-b2b100677912/transcript

Tuesday 24 March 2026

The head of the International Energy Agency warns that the oil lost in the current crisis in the Middle East is twice the amount of the 1970s oil shock. 
The local share market flirts with correction territory, having lost $300 billion in value since the beginning of the Middle East conflict
Luxury car makers dump plans for EV expansion
ABC staff set to go on strike
The toilet paper shortage crisis of COVID is back, at least in Japan

Join our free daily newsletter here.

And don’t miss the latest episode of How Do They Afford That? - this week: dream holiday, sensible budget. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Tuesday 24 March 2026
The head of the International Energy Agency warns that the oil lost in the current crisis in the Middle East is twice the amount of the 1970s oil shock.&nbsp;
<ul>
<li aria-level="1">The local share market flirts with correction territory, having lost $300 billion in value since the beginning of the Middle East conflict</li>
<li aria-level="1">Luxury car makers dump plans for EV expansion</li>
<li aria-level="1">ABC staff set to go on strike</li>
<li aria-level="1">The toilet paper shortage crisis of COVID is back, at least in Japan</li>
</ul>
Join our<a href="https://fearandgreed.com.au/newsletter-signup"> free 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> - this week: dream holiday, sensible budget. 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.

Energy boss oil warning; ASX loses $300b in three weeks; luxury carmakers dump EVs

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/fbd8844f-a122-4145-94d8-b41600c01b2b/transcript

Software stocks have been hammered in 2026. The rise of AI coding tools — from Claude to other large language models — has sparked fears that barriers to entry are collapsing.

But according to ECP Asset Management’s Damon Callaghan, the market has overreacted. Speaking to Sean Aylmer, he argues the sell-off has been indiscriminate, and that while some software businesses will struggle, others may actually become stronger - if they have the right competitive advantages.

This is general information only. Seek professional advice tailored to your circumstances before making investment decisions.

Software stocks have been hammered in 2026. The rise of AI coding tools &mdash; from Claude to other large language models &mdash; has sparked fears that barriers to entry are collapsing. But according to ECP Asset Management&rsquo;s Damon Callaghan, the market has overreacted. Speaking to Sean Aylmer, he argues the sell-off has been indiscriminate, and that while some software businesses will struggle, others may actually become stronger - if they have the right competitive advantages. This is general information only. Seek professional advice tailored to your circumstances before making investment decisions.

Q+A: The SaaSpocalypse? Only if you picked the wrong companies.

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/b5139c4c-4bfd-4e8a-92d6-b41600c0183e/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 falls 0.7pc


Qantas reassures on fuel


KMD pushed to sell Rip Curl


Kyle Sandilands launches legal action


ICE agents deployed to airports

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 data-start="0" data-end="185" data-is-last-node="" data-is-only-node="">
<li data-section-id="19r6jfv" data-start="0" data-end="31">
ASX falls 0.7pc
</li>
<li data-section-id="nl08zv" data-start="32" data-end="76">
Qantas reassures on fuel
</li>
<li data-section-id="8c03ce" data-start="77" data-end="108">
KMD pushed to sell Rip Curl
</li>
<li data-section-id="137m4il" data-start="109" data-end="150">
Kyle Sandilands launches legal action
</li>
<li data-section-id="1d04aqn" data-start="151" data-end="185" data-is-last-node="">
ICE agents deployed to airports
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX falls 0.7pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5a13f579-7174-400f-9908-b416005ff5f5/transcript

Afternoon Report | Market turmoil

FEAR & GREED | Business News

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