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 flat


Battery metals soar


Virgin update


Iron ore falls


Trump-Putin talk

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 flat
</li>
<li>
Battery metals soar
</li>
<li>
Virgin update
</li>
<li>
Iron ore falls
</li>
<li>
Trump-Putin talk
</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 | Miners win

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/d1d02ae1-eb7a-4940-a164-b2f30070d5db/transcript

Friday 28 August 2026

Three of Australia’s biggest consumer businesses report results, offering a snapshot of how Australians are spending across travel, health and retail.
Households continue to spend, just as more banks warn of another impending rate hike
Bill Gates delivers a stark warning on AI
Tech giant Meta’s $18b court settlement
Why the type of music a shop plays can change what you buy

 

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?- are you taking the right amount of risk? Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Friday 28 August 2026
Three of Australia&rsquo;s biggest consumer businesses report results, offering a snapshot of how Australians are spending across travel, health and retail.
<ul>
<li aria-level="1">Households continue to spend, just as more banks warn of another impending rate hike</li>
<li aria-level="1">Bill Gates delivers a stark warning on AI</li>
<li aria-level="1">Tech giant Meta&rsquo;s $18b court settlement</li>
<li aria-level="1">Why the type of music a shop plays can change what you buy</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> - are you taking the right amount of risk? 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.

Qantas eyes higher fares; rate hike fears grow; Bill Gates’ AI jobs warning

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/c360dfe0-559d-4cb5-b3cc-b4b300d69b35/transcript

Wesfarmers released its full-year results yesterday, and while Bunnings and Kmart are still booming, the conglomerate is facing a familiar retail challenge: labour, energy, transport and supply-chain costs are rising, while Australian households remain under pressure.

Michael Thompson speaks with Wesfarmers Chief Financial Officer Anthony Gianotti about how the owner of Bunnings, Kmart and Officeworks is using productivity gains and artificial intelligence to keep prices down.

They discuss the early results from AI shopping assistants, what Wesfarmers is seeing from consumers, the advantage of Kmart’s Anko brand and why Officeworks is being reshaped around technology.

Wesfarmers released its full-year results yesterday, and while Bunnings and Kmart are still booming, the conglomerate is facing a familiar retail challenge: labour, energy, transport and supply-chain costs are rising, while Australian households remain under pressure. Michael Thompson speaks with Wesfarmers Chief Financial Officer Anthony Gianotti about how the owner of Bunnings, Kmart and Officeworks is using productivity gains and artificial intelligence to keep prices down. They discuss the early results from AI shopping assistants, what Wesfarmers is seeing from consumers, the advantage of Kmart&rsquo;s Anko brand and why Officeworks is being reshaped around technology.

Q+A: The AI push inside Bunnings, Kmart and Officeworks

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/4fcd934b-fbc4-4f61-a822-b4b300d698cc/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.


Australians missing after Nepal floods


ASX falls 1pc as rate bets rise


Xero hit by another pay revolt


Macquarie dumps KPMG


Nvidia’s AI boom rolls on

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">
Australians missing after Nepal floods
</li>
<li aria-level="1">
ASX falls 1pc as rate bets rise
</li>
<li aria-level="1">
Xero hit by another pay revolt
</li>
<li aria-level="1">
Macquarie dumps KPMG
</li>
<li aria-level="1">
Nvidia&rsquo;s AI boom rolls on
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | Australians missing after Nepal floods

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/75e53668-aeef-4e71-bac0-b4b30074f231/transcript

Afternoon Report | Miners win

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