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


Wong on US tariffs


ABC under fire


Building approvals still a problem


US warning for Panama

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.&nbsp;
<ol>
<li aria-level="1">
ASX tumbles
</li>
<li aria-level="1">
Wong on US tariffs
</li>
<li aria-level="1">
ABC under fire
</li>
<li aria-level="1">
Building approvals still a problem
</li>
<li aria-level="1">
US warning for Panama
</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 | Tariff turmoil for markets

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/d112fd7a-95ba-4cb5-a376-b279006716b8/transcript

Thursday 13 August 2026

The Commonwealth Bank announces an $11 billion profit but warns that the economy, and housing market, are slowing. 
The number of SME exits surges, as the economic going gets tough
The federal coalition provides more details of its immigration policy
Insurer Suncorp says it had to pay out on 32 separate weather events over the past year
Asia is going crazy for air-conditioned clothing, to combat the increasingly number of heatwaves

 

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?, exploring margin loans for investing. Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Thursday 13 August 2026
The Commonwealth Bank announces an $11 billion profit but warns that the economy, and housing market, are slowing.&nbsp;
<ul>
<li aria-level="1">The number of SME exits surges, as the economic going gets tough</li>
<li aria-level="1">The federal coalition provides more details of its immigration policy</li>
<li aria-level="1">Insurer Suncorp says it had to pay out on 32 separate weather events over the past year</li>
<li aria-level="1">Asia is going crazy for air-conditioned clothing, to combat the increasingly number of heatwaves</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>, exploring margin loans for investing. 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.

CBA $11b profit, mortgage warning; SME closures surge; heatwaves spur air-con clothing

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/2199e9e4-012d-4074-9bcc-b4a400d081ac/transcript

Commonwealth Bank has delivered a record full-year profit of $10.98 billion, but Australia’s biggest bank is also seeing clear signs of a slowing economy. Mortgage applications have fallen, household pressures are building and CBA expects housing credit growth to weaken.

Sean Aylmer speaks with Commonwealth Bank CEO Matt Comyn about what the bank is seeing inside the Australian economy, the impact of changes to housing taxes, why slower home lending could cost CBA around $100 million in revenue, the outlook for interest rates and housing, and where the bank is investing in AI.

Commonwealth Bank has delivered a record full-year profit of $10.98 billion, but Australia&rsquo;s biggest bank is also seeing clear signs of a slowing economy. Mortgage applications have fallen, household pressures are building and CBA expects housing credit growth to weaken. Sean Aylmer speaks with Commonwealth Bank CEO Matt Comyn about what the bank is seeing inside the Australian economy, the impact of changes to housing taxes, why slower home lending could cost CBA around $100 million in revenue, the outlook for interest rates and housing, and where the bank is investing in AI.

Q+A: Why CBA thinks this will be a difficult year for households

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/8dac46bb-8107-41ac-bc26-b4a400d07fcb/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 down 0.5pc; CBA result


AGL warns on earnings


Tomago smelter set for bailout


Premier Investments cuts guidance


Trump confirms secret plane swap

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>
<li aria-level="1">
ASX down 0.5pc; CBA result
</li>
<li aria-level="1">
AGL warns on earnings
</li>
<li aria-level="1">
Tomago smelter set for bailout
</li>
<li aria-level="1">
Premier Investments cuts guidance
</li>
<li aria-level="1">
Trump confirms secret plane swap
</li>
</ol>
Join our&nbsp;<a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX down 0.5pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/1236d4fb-1308-490d-8f63-b4a40070cb2d/transcript

Afternoon Report | Tariff turmoil for markets

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