At one point in 2025, it looked like inflation had been beaten. Sean Aylmer speaks with Westpac Chief Economist Luci Ellis about what surprised economists late in the year, how much of the rise in inflation is “noise” versus something more persistent, and what this means for the Reserve Bank and Westpac's predictions for interest rates.

This episode is brought to you by Westpac. Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12.

At one point in 2025, it looked like inflation had been beaten. Sean Aylmer speaks with Westpac Chief Economist Luci Ellis about what surprised economists late in the year, how much of the rise in inflation is &ldquo;noise&rdquo; versus something more persistent, and what this means for the Reserve Bank and Westpac's predictions for interest rates.
This episode is brought to you by Westpac. Fear &amp; Greed's summer series - all-new short episodes every day, with regular news back from January 12.

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>

What inflation (and interest rates) will do this year

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/18c6ef04-fef9-4243-9389-b3cf00b28aee/transcript

Wesfarmers is one of the most remarkable success stories on the ASX - a diversified conglomerate thriving in a world where many have failed. Sean Aylmer speaks with Gaurav Sodhi, Deputy Head of Research at Intelligent Investor, about what makes Wesfarmers different. From the extraordinary rise of Kmart’s Anko brand, to Bunnings’ near-monopoly power, and the company’s unique approach to capital allocation and management culture, Gaurav explains why Wesfarmers has delivered such strong long-term returns.

This is Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs

Wesfarmers is one of the most remarkable success stories on the ASX - a diversified conglomerate thriving in a world where many have failed. Sean Aylmer speaks with Gaurav Sodhi, Deputy Head of Research at Intelligent Investor, about what makes Wesfarmers different. From the extraordinary rise of Kmart&rsquo;s Anko brand, to Bunnings&rsquo; near-monopoly power, and the company&rsquo;s unique approach to capital allocation and management culture, Gaurav explains why Wesfarmers has delivered such strong long-term returns.
This is Fear &amp; Greed's summer series - all-new short episodes every day, with regular news back from January 12. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs

Kmart's Anko and Bunnings: Wesfarmers' secret sauce

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/049c35d3-8f74-49fc-8490-b3d100b46d2a/transcript

Wednesday 14 January 2026

The value of the Australian housing market hits $12.3 trillion, but the pace of price rises are expected to slow this year. 
Kevin Rudd steps down as Australia’s ambassador to the US. 
The new boss of Endeavour has good news for drinkers - the group’s bottle shops and pubs will compete on price. 
Woolworths to introduce AI to help you do your groceries.
The remarkable story behind one of the fastest growing apps in the world.

Join our free daily newsletter here.

And don’t miss the latest episode of How Do They Afford That? - this week, seven money habits that could change your year. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Wednesday 14 January 2026
The value of the Australian housing market hits $12.3 trillion, but the pace of price rises are expected to slow this year.&nbsp;
<ul>
<li aria-level="1">Kevin Rudd steps down as Australia&rsquo;s ambassador to the US.&nbsp;</li>
<li aria-level="1">The new boss of Endeavour has good news for drinkers - the group&rsquo;s bottle shops and pubs will compete on price.&nbsp;</li>
<li aria-level="1">Woolworths to introduce AI to help you do your groceries.</li>
<li aria-level="1">The remarkable story behind one of the fastest growing apps in the world.</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, seven money habits that could change your year. 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.

Aussie housing hits $12.3 tr; Woolies AI for shoppers; world’s fastest growing app

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/8ad38ecb-5326-41db-b3a9-b3d100aba581/transcript

AI has powered markets higher - but is the boom already close to its peak? Sean Aylmer speaks with Roger Montgomery, founder and chief investment officer of Montgomery Investment Management, about whether the world is nearing the end of an AI bubble. Roger explains how past technology booms have played out, and what investors should be thinking about now, including whether it’s time to rebalance portfolios after the strong run in AI-linked stocks.

For more information, visit www.montinvest.com or call 02 8046 5000.
Follow Roger’s insights at www.rogermontgomery.com

This is Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12. This episode is brought to you by Montgomery Investment Management. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs.

AI has powered markets higher - but is the boom already close to its peak? Sean Aylmer speaks with Roger Montgomery, founder and chief investment officer of Montgomery Investment Management, about whether the world is nearing the end of an AI bubble. Roger explains how past technology booms have played out, and what investors should be thinking about now, including whether it&rsquo;s time to rebalance portfolios after the strong run in AI-linked stocks.
For more information, visit&nbsp;<a href="https://investwith.montinvest.com/rogermontgomery.comfearandgreed">www.montinvest.com</a> or call 02 8046 5000. Follow Roger&rsquo;s insights at <a href="https://investwith.montinvest.com/rogermontgomery.comfearandgreed">www.rogermontgomery.com</a>
This is Fear &amp; Greed's summer series - all-new short episodes every day, with regular news back from January 12. This episode is brought to you by Montgomery Investment Management. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs.

Are we in an AI bubble?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/b0226bbc-cb0d-49ef-93b9-b3d000b70d08/transcript

What inflation (and interest rates) will do this year

FEAR & GREED | Business News

In 1 playlist(s)

FEAR & GREED | Business News

Social links

Follow podcast

Recent clips