Yesterday afternoon, the Reserve Bank board left the official cash rate on hold at 3.85%. A surprise decision given most economists and financial markets expected a reduction of 25 basis points. 

Westpac Chief Economist Lucy Ellis - and former Chief Economist at the Reserve Bank - talks to Sean Aylmer about yesterday's decision, the press conference afterwards, and why she thinks "the RBA is going to get a bit caught out."

Yesterday afternoon, the Reserve Bank board left the official cash rate on hold at 3.85%. A surprise decision given most economists and financial markets expected a reduction of 25 basis points.&nbsp;
Westpac Chief Economist Lucy Ellis - and former Chief Economist at the Reserve Bank - talks to Sean Aylmer about yesterday's decision, the press conference afterwards, and why she thinks "the RBA is going to get a bit caught out."

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

Business journalist Sean Aylmer talks to leaders about all things business in the Fear and Greed daily interview. 

Business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> talks to leaders about all things business in the <a href="https://fearandgreed.com.au/">Fear and Greed</a> daily interview.

Business journalist Sean Aylmer talks to leaders about all things business in Fear and Greed Interviews.

Fear and Greed Interviews

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>

Interview: The RBA's shock call, and why they could get 'caught out'

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/25fae315-8693-4dc4-806d-b31400bcd028/transcript

Tuesday 10 March 2026

The local share market wipes out $90 billion as oil prices head towards $US120 a barrel.
Iron ore stockpiles in China threaten the big miners and the federal budget bottom line
Porn sites in Australia block local users on the back of new age verification laws
Commonwealth Bank reports two mortgage brokers and several accountants to police over what could be a $1 billion fraud
How the world is becoming much more health conscious, when it comes to alcohol

Plus the third interview in our Accelerator series with Airwallex. Today’s guest: Justin Hales, founder and CEO of Camplify, on taking an Australian success story global.

Tuesday 10 March 2026
The local share market wipes out $90 billion as oil prices head towards $US120 a barrel.
<ul>
<li aria-level="1">Iron ore stockpiles in China threaten the big miners and the federal budget bottom line</li>
<li aria-level="1">Porn sites in Australia block local users on the back of new age verification laws</li>
<li aria-level="1">Commonwealth Bank reports two mortgage brokers and several accountants to police over what could be a $1 billion fraud</li>
<li aria-level="1">How the world is becoming much more health conscious, when it comes to alcohol</li>
</ul>
Plus the third interview in our Accelerator series with&nbsp;<a href="https://www.airwallex.com/">Airwallex</a>. Today&rsquo;s guest: Justin Hales, founder and CEO of Camplify, on taking an Australian success story global.

ASX wipeout as oil surges; adult sites block Aussies; Gen Z rejects booze

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/877cc19e-51d9-4d96-bc9f-b40800c76ef5/transcript

The local share market tumbled almost 3% as tensions in the Middle East pushed oil prices sharply higher, and investors started worrying about the impact on global growth.

Sean Aylmer speaks with AMP’s Chief Economist and Head of Investment Strategy, Dr Shane Oliver, about why oil shocks still matter for markets, how long this volatility might last, and whether investors should be worried about a deeper sell-off.

This is general information only. You should seek advice tailored to you before making investment decisions.

The local share market tumbled almost 3% as tensions in the Middle East pushed oil prices sharply higher, and investors started worrying about the impact on global growth. Sean Aylmer speaks with AMP&rsquo;s Chief Economist and Head of Investment Strategy, Dr Shane Oliver, about why oil shocks still matter for markets, how long this volatility might last, and whether investors should be worried about a deeper sell-off. This is general information only. You should seek advice tailored to you before making investment decisions.

Q+A: Oil shock rattles markets - should investors panic?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/149e10f0-4e8c-4c9b-a2a7-b40800c76d44/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 sinks on oil fears


Airlines expand refunds


Iran soccer team safety fears


Boomers’ wealth hits $6 trillion


Ex-rapper wins Nepal election

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 data-start="0" data-end="185" data-is-last-node="" data-is-only-node="">
<li data-section-id="19r6jfv" data-start="0" data-end="31">
ASX sinks on oil fears
</li>
<li data-section-id="nl08zv" data-start="32" data-end="76">
Airlines expand refunds
</li>
<li data-section-id="8c03ce" data-start="77" data-end="108">
Iran soccer team safety fears
</li>
<li data-section-id="137m4il" data-start="109" data-end="150">
Boomers&rsquo; wealth hits $6 trillion
</li>
<li data-section-id="1d04aqn" data-start="151" data-end="185" data-is-last-node="">
Ex-rapper wins Nepal election
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX tumbles

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/3508a0e5-c621-4b20-8b08-b40800623a7d/transcript

Interview: The RBA's shock call, and why they could get 'caught out'

FEAR & GREED | Business News

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FEAR & GREED | Business News

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