Friday 6 November 2020

The profit of Australia’s big four banks tumbles by a third as the financial cost of the coronavirus hits the sector. 

Also today:
Still no result in the US election, though Joe Biden is inching towards victory
James Packer may have to sell down his shareholding of Crown Resorts
And the return of the Aussie ute

Plus an interview with concert promoter Joe Segreto about the live music industry.

Friday 6 November 2020
The profit of Australia&rsquo;s big four banks tumbles by a third as the financial cost of the coronavirus hits the sector.&nbsp;
Also today:
<ul>
<li>Still no result in the US election, though Joe Biden is inching towards victory</li>
<li>James Packer may have to sell down his shareholding of Crown Resorts</li>
<li>And the return of the Aussie ute</li>
</ul>
Plus an interview with concert promoter Joe Segreto about the live music industry.

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>

Bank profits tumble as the cost of COVID hits

The Reserve Bank set to raise interest rates, as the war in the Middle East increases inflation pressures. 
The local housing market has its worst week all year. 
YouTube surpasses Disney to become the largest media company in terms of revenue. 
Why an ASX listed stock lost 90 per cent in one session
Porsche cuts jobs as it tries to recover from its less than successful electric vehicle strategy

Join our free daily newsletter here.

And don’t miss the latest episode of How Do They Afford That? - this week, an investor’s secret weapon explained. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

The Reserve Bank set to raise interest rates, as the war in the Middle East increases inflation pressures.&nbsp;
<ul>
<li aria-level="1">The local housing market has its worst week all year.&nbsp;</li>
<li aria-level="1">YouTube surpasses Disney to become the largest media company in terms of revenue.&nbsp;</li>
<li aria-level="1">Why an ASX listed stock lost 90 per cent in one session</li>
<li aria-level="1">Porsche cuts jobs as it tries to recover from its less than successful electric vehicle strategy</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, an investor&rsquo;s secret weapon explained. 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.

Rates to rise as war goes on; auction market tumbles; YouTube biggest media company

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/e663ba77-3fe6-43ea-909b-b40e00e2db4d/transcript

The Reserve Bank board meets today and tomorrow, with all four big banks tipping an interest rate hike. Michael Thompson is joined by economist Stephen Koukoulas to look at what the RBA might do, the impact of the Middle East conflict, and what to expect from this week's labour force figures too.

Join our free daily newsletter here.

The Reserve Bank board meets today and tomorrow, with all four big banks tipping an interest rate hike. Michael Thompson is joined by economist&nbsp;<a href="https://www.google.com/url?q=http://www.marketeconomics.com.au/stephen-koukoulas&amp;sa=D&amp;source=calendar&amp;ust=1774016164727491&amp;usg=AOvVaw1ip0oOnWAbiKMlcGHM1veC">Stephen Koukoulas</a>&nbsp;to look at what the RBA might do, the impact of the Middle East conflict, and what to expect from this week's labour force figures too. Join our<a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1774016164727491&amp;usg=AOvVaw3shlxdJKAJO8A_z9e3gbZm">&nbsp;free daily newsletter here</a>.

Q+A: The Week Ahead | 16 Mar 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5c48db4d-3219-4573-97a2-b40e00e2d913/transcript

Michael hits Sean and Adam with five questions — no notice, no prep — all their use of cash. Who still carries it, when did they last receive it, and would they miss it if cash disappeared tomorrow?

Michael hits Sean and Adam with five questions &mdash; no notice, no prep &mdash; all their use of cash. Who still carries it, when did they last receive it, and would they miss it if cash disappeared tomorrow?

Five Questions: When was the last time someone handed you cash? 

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/bfab83ec-ec9c-42ee-83dc-b40c0101264b/transcript

Bank profits tumble as the cost of COVID hits

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