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 hits new high.. again


Fed looks to cut rates


WA job cuts


Meta talks up AI


Trump questions Harris’ race

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 hits new high.. again
</li>
<li>
Fed looks to cut rates
</li>
<li>
WA job cuts
</li>
<li>
Meta talks up AI
</li>
<li>
Trump questions Harris’ race
</li>
</ol>

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/" 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> and <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>. Find out more at <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 <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 | Tech, property spur market

Listener Duncan asks: Why does the government policy always seem to be at loggerheads with Productivity Commission guidance?

Join Sean Aylmer & Michael Thompson as they answer listener questions.

If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!

Listener Duncan asks: Why does the government policy always seem to be at loggerheads with Productivity Commission guidance? Join Sean Aylmer &amp; Michael Thompson as they answer listener questions. If you have your own question for Ask Fear &amp; Greed, get in touch via our <a href="https://www.google.com/url?q=http://fearandgreed.com.au&amp;sa=D&amp;source=calendar&amp;ust=1722864172532122&amp;usg=AOvVaw25hVdInYhYwZKdksexlaNh">website</a>, <a href="https://www.google.com/url?q=https://www.linkedin.com/company/fear-and-greed&amp;sa=D&amp;source=calendar&amp;ust=1722864172532122&amp;usg=AOvVaw3knVEAWS3qCRjAjyqvrbiG">LinkedIn</a>, <a href="https://www.google.com/url?q=https://www.instagram.com/fearandgreedpodcast/&amp;sa=D&amp;source=calendar&amp;ust=1722864172532122&amp;usg=AOvVaw0D0ZeMv9oZ2mBo_NvKatWR">Instagram</a> or <a href="https://www.google.com/url?q=https://www.facebook.com/FearAndGreedPodcast&amp;sa=D&amp;source=calendar&amp;ust=1722864172532122&amp;usg=AOvVaw3RsLGGuBA_RKVdl-8ncIdu">Facebook</a>!

Ask Fear & Greed: Why is the Productivity Commission ignored?

Thursday 1 August 2024

Interest rate hikes are off the table after inflation shows signs of slowing. 

And more, including:
The housing market splits into two, with the smaller capital cities soaring as most of the rest of the country sags
Rio Tinto kicks off reporting season with a bumper $9 billion half year profit
And about 600 jobs are at risk following the collapse of Rex

Plus don’t miss the latest episode of How Do They Afford That? - debt repayment strategies, from the debt snowball to the debt avalanche. Get the episode fromAPPLE,SPOTIFY, or anywhere you listen to podcasts.

Thursday 1 August 2024
Interest rate hikes are off the table after inflation shows signs of slowing. 
And more, including:
<ul>
<li aria-level="1">The housing market splits into two, with the smaller capital cities soaring as most of the rest of the country sags</li>
<li aria-level="1">Rio Tinto kicks off reporting season with a bumper $9 billion half year profit</li>
<li aria-level="1">And about 600 jobs are at risk following the collapse of Rex</li>
</ul>
Plus don’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> - debt repayment strategies, from the debt snowball to the debt avalanche. 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.

Rate hikes unlikely after inflation slows, housing market splits, Rio’s bumper $9b profit

Yesterday's quarterly inflation data makes it very likely interest rates will remain on hold when the Reserve Bank board meets next week.

Gareth Aird, head of Australian economics at the Commonwealth Bank, explains to Sean Aylmer why he believes the next rate move will be down, and may still happen this year.

Yesterday's quarterly inflation data makes it very likely interest rates will remain on hold when the Reserve Bank board meets next week. Gareth Aird, head of Australian economics at the Commonwealth Bank, explains to Sean Aylmer why he believes the next rate move will be down, and may still happen this year.

Afternoon Report | Tech, property spur market

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