The US economy records its worst slump since the Great Depression, forecasts for the Australian economy made just last week look too optimistic, and a record day for COVID19 cases.

Also today:
Masks all round at Woolworths
Some mixed earnings results as reporting season continues
And bad news for the housing sector

Plus an interview with legendary broadcaster Ray Hadley, about the secrets of his stellar success.

The US economy records its worst slump since the Great Depression, forecasts for the Australian economy made just last week look too optimistic, and a record day for COVID19 cases.
Also today:
<ul>
<li>Masks all round at Woolworths</li>
<li>Some mixed earnings results as reporting season continues</li>
<li>And bad news for the housing sector</li>
</ul>
Plus an interview with legendary broadcaster Ray Hadley, about the secrets of his stellar success.

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>

Economic mayhem: Australia suffers, US worst since Great Depression

The federal government backs down, slightly, on capital gains tax changes. 

Tuesday 26 May 2026
Qantas’ plans for non-stop flights from Sydney and Melbourne to London and New York delayed again
Why people don’t trust AI in the property market
Donald Trump says he is in no rush to do a deal with Iran
The competition watchdog ponders a fair price for a stamp

Hit follow on the podcast so you don’t miss the latest news

Join our free daily newsletter here

And don’t miss the latest episode of How Do They Afford That? - how to entertain well (without overspending). Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

The federal government backs down, slightly, on capital gains tax changes.&nbsp;
Tuesday 26 May 2026
<ul>
<li aria-level="1">Qantas&rsquo; plans for non-stop flights from Sydney and Melbourne to London and New York delayed again</li>
<li aria-level="1">Why people don&rsquo;t trust AI in the property market</li>
<li aria-level="1">Donald Trump says he is in no rush to do a deal with Iran</li>
<li aria-level="1">The competition watchdog ponders a fair price for a stamp</li>
</ul>
Hit follow on the podcast so you don&rsquo;t miss the latest news
Join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>
And don&rsquo;t miss the latest episode of&nbsp;<a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/">How Do They Afford That?</a> - how to entertain well (without overspending). 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.

CGT backdown; Qantas long-haul plans delayed; Trump in no rush to do deal

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/17ada99d-0a79-49be-94ce-b45500bbd2dd/transcript

Australia is in the middle of one of the biggest intergenerational wealth transfers in history, with trillions of dollars expected to pass between generations over the next decade. But many families focus too heavily on tax, and not enough on governance, communication and purpose.

Sean Aylmer speaks with Kaajal Prasad, Head of Family Advisory at LGT Wealth Management about why successful succession planning starts with family values, not finances, and why many wealthy families struggle to bring the next generation into decision-making.

LGT Wealth Management is a supporter of Fear & Greed

Australia is in the middle of one of the biggest intergenerational wealth transfers in history, with trillions of dollars expected to pass between generations over the next decade. But many families focus too heavily on tax, and not enough on governance, communication and purpose. Sean Aylmer speaks with Kaajal Prasad, Head of Family Advisory at LGT Wealth Management about why successful succession planning starts with family values, not finances, and why many wealthy families struggle to bring the next generation into decision-making. LGT Wealth Management is a supporter of Fear &amp; Greed

Q+A: The great wealth transfer: what wealthy families get wrong

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6f1ae1a5-5ec9-40f2-ba69-b45500bbcfe4/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 climbs


ASIO boss at Royal Commission


Charter Hall upgrades guidance for third time


Adore Beauty hit by cost of living


Magnussen finishes last at Enhanced Games

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 climbs
</li>
<li aria-level="1">
ASIO boss at Royal Commission
</li>
<li aria-level="1">
Charter Hall upgrades guidance for third time
</li>
<li aria-level="1">
Adore Beauty hit by cost of living
</li>
<li aria-level="1">
Magnussen finishes last at Enhanced Games
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX climbs on Hormuz hopes

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/359ba30e-5d3a-408e-9ac2-b455006c04f8/transcript

Economic mayhem: Australia suffers, US worst since Great Depression

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