Yesterday the Reserve Bank board left interest rates on hold, with Governor Michele Bullock refusing to rule anything in or out.

But Westpac Chief Economist Luci Ellis - who was previously the Chief Economist at the RBA - think the cut will come in February, and explains why to Sean Aylmer.

Yesterday the Reserve Bank board left interest rates on hold, with Governor Michele Bullock refusing to rule anything in or out. But Westpac Chief Economist Luci Ellis - who was previously the Chief Economist at the RBA - think the cut will come in February, and explains why to Sean Aylmer.

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: Why Westpac's tipping a rate cut in February

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/e33390b6-03b6-4ca2-8209-b21f00a62f42/transcript

Tuesday 5 May 2026

National Australia Bank has warned that rising fuel prices are putting the squeeze on small and medium size businesses, even though the sector has held up well so far.
$217b wiped off ASX in 2026
ASIC’s Accent insider trading investigation
a2 Milk detects toxins in batches
GameStop bids for eBay.

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Join our free daily newsletter here

And don’t miss the latest episode of How Do They Afford That? - the truth about financial luck. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Tuesday 5 May 2026
National Australia Bank has warned that rising fuel prices are putting the squeeze on small and medium size businesses, even though the sector has held up well so far.
<ul>
<li aria-level="1">$217b wiped off ASX in 2026</li>
<li aria-level="1">ASIC&rsquo;s Accent insider trading investigation</li>
<li aria-level="1">a2 Milk detects toxins in batches</li>
<li aria-level="1">GameStop bids for eBay.</li>
</ul>
Hit follow on the podcast so you don&rsquo;t miss the latest news
Join our free&nbsp;<a href="https://fearandgreed.com.au/newsletter-signup">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> - the truth about financial luck. 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.

SMEs bracing for cost crunch; a2 Milk detects toxins; GameStop bids for eBay

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/11fbf4a2-6d82-4ed1-841b-b44000c1b33c/transcript

Despite solid lending growth, particularly in business banking, NAB’s half year results yesterday came in a tad below analyst expectations. NAB CEO Andrew Irvine explains to Sean why the bank is preparing for uncertainty, even while key activity barometers remain strong.

Irvine also outlines the ‘devilishly difficult’ decision facing the Reserve Bank, the bigger structural issues shaping Australia’s future, and how artificial intelligence is already reshaping banking.

Despite solid lending growth, particularly in business banking, NAB&rsquo;s half year results yesterday came in a tad below analyst expectations. NAB CEO Andrew Irvine explains to Sean why the bank is preparing for uncertainty, even while key activity barometers remain strong.
Irvine also outlines the &lsquo;devilishly difficult&rsquo; decision facing the Reserve Bank, the bigger structural issues shaping Australia&rsquo;s future, and how artificial intelligence is already reshaping banking.

NAB CEO on rates, risk and the AI shift in banking

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/0746c37f-eb28-48dd-9ae8-b44000c1af4a/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 loses ground


ALP leads coalition


Southern Cross chair steps down


Viva back on track


Giuliani in hospital

Join our free daily newsletter here.

This is the<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 loses ground
</li>
<li aria-level="1">
ALP leads coalition
</li>
<li aria-level="1">
Southern Cross chair steps down
</li>
<li aria-level="1">
Viva back on track
</li>
<li aria-level="1">
Giuliani in hospital
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | Albanese poll turn-around

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/b357e84d-f861-4390-8cc9-b44000730440/transcript

Interview: Why Westpac's tipping a rate cut in February

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FEAR & GREED | Business News

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