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.


Oil jumps, ASX off 0.7pc


Accused cop killer shot dead


Support for Labor tumbles


Ceasefire could be reached ‘fairly quickly’


Macy’s AI sales surge

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.
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<li data-section-id="19r6jfv" data-start="0" data-end="31">
Oil jumps, ASX off 0.7pc
</li>
<li data-section-id="19r6jfv" data-start="0" data-end="31">
Accused cop killer shot dead
</li>
<li data-section-id="19r6jfv" data-start="0" data-end="31">
Support for Labor tumbles
</li>
<li data-section-id="19r6jfv" data-start="0" data-end="31">
Ceasefire could be reached &lsquo;fairly quickly&rsquo;
</li>
<li data-section-id="19r6jfv" data-start="0" data-end="31">
Macy&rsquo;s AI sales surge
</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 | Oil jumps, ASX off 0.7pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/f2724afa-aab9-47ad-983e-b41d006232bd/transcript

The federal government cuts the fuel excise in half to lower petrol prices. 
Prime Minister Anthony Albanese calls on the US President Donald Trump to provide more certainty around the war in the Middle East
Global beauty retailer Sephora under fire for marketing to children
Opposition leader Angus Taylor rejects major changes to tax rules
Gaming group Star Entertainment secures a big new funding package

Plus the next interview in our Accelerator series with Airwallex. Today’s guest: Nick Ryan, COO of Essendon Football Club, about how incremental improvements can make a big difference both on and off the field.

The federal government cuts the fuel excise in half to lower petrol prices.&nbsp;
<ul>
<li aria-level="1">Prime Minister Anthony Albanese calls on the US President Donald Trump to provide more certainty around the war in the Middle East</li>
<li aria-level="1">Global beauty retailer Sephora under fire for marketing to children</li>
<li aria-level="1">Opposition leader Angus Taylor rejects major changes to tax rules</li>
<li aria-level="1">Gaming group Star Entertainment secures a big new funding package</li>
</ul>
Plus the next interview in our Accelerator series with&nbsp;<a href="https://www.airwallex.com/">Airwallex</a>. Today&rsquo;s guest: Nick Ryan, COO of Essendon Football Club, about how incremental improvements can make a big difference both on and off the field.

Fuel excise cut in half; Albanese calls for clarity from Trump; Sephora under fire

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/8e5c876b-6ec9-49f4-bf88-b41d00c0e32f/transcript

The war in the Middle East has triggered a major oil shock — with supply through the Strait of Hormuz effectively shut and millions of barrels removed from the global market.

Nik Burns, Head of Energy Research at Jarden, says this isn’t just another short-term spike — it could mark a structural shift in global energy markets.

He talks to Sean Aylmer about why prices may stay elevated, what it means for investors, and why the path back to normal could take much longer than expected.

General information only. Seek professional advice tailored to your circumstances before making investment decisions.

The war in the Middle East has triggered a major oil shock &mdash; with supply through the Strait of Hormuz effectively shut and millions of barrels removed from the global market.
Nik Burns, Head of Energy Research at Jarden, says this isn&rsquo;t just another short-term spike &mdash; it could mark a structural shift in global energy markets.
He talks to Sean Aylmer about why prices may stay elevated, what it means for investors, and why the path back to normal could take much longer than expected.
General information only. Seek professional advice tailored to your circumstances before making investment decisions.

Q+A: Why this oil crisis won’t unwind quickly

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/e9eb3e86-2cc8-4a20-bef6-b41d00c0e10e/transcript

Monday 30 March 2026

National Cabinet is set to meet amid soaring fuel prices and falling equity markets. 
Auction clearance rates hit their lowest level since 2022
Electric vehicle purchases in Australia almost double since the outbreak of the Middle East conflict
Wall Street tech stocks plummet on the back of AI concerns
Aussies’ $83 billion online splurge

Join our free daily newsletter here.

And don’t miss the latest episode of How Do They Afford That? - this week: the middle-class money trap. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Monday 30 March 2026
National Cabinet is set to meet amid soaring fuel prices and falling equity markets.&nbsp;
<ul>
<li aria-level="1">Auction clearance rates hit their lowest level since 2022</li>
<li aria-level="1">Electric vehicle purchases in Australia almost double since the outbreak of the Middle East conflict</li>
<li aria-level="1">Wall Street tech stocks plummet on the back of AI concerns</li>
<li aria-level="1">Aussies&rsquo; $83 billion online splurge</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: the middle-class money trap. 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.

Nat Cabinet meets amid fuel crisis; housing market tumbles; EV sales surge

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/f662df22-25f8-4d79-a4ac-b41c00b5aae8/transcript

Afternoon Report | Oil jumps, ASX off 0.7pc

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