Monday 18 May 2026

Australia’s miners take over from the banks as the share market leaders. 
House auctions tumble, particularly in Sydney, even before higher interest rates and the federal budget take effect
An anonymous bidder pays $US9 million to have lunch with Warren Buffett 
Illegal tobacco is costing the government billions of dollars, yet there is little law enforcement around it
Iran makes another offer to the US to re-open the Strait of Hormuz

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And don’t miss the latest episode of How Do They Afford That? - what happens if you change your savings by just $100 a week. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Monday 18 May 2026
Australia&rsquo;s miners take over from the banks as the share market leaders.&nbsp;
<ul>
<li aria-level="1">House auctions tumble, particularly in Sydney, even before higher interest rates and the federal budget take effect</li>
<li aria-level="1">An anonymous bidder pays $US9 million to have lunch with Warren Buffett&nbsp;</li>
<li aria-level="1">Illegal tobacco is costing the government billions of dollars, yet there is little law enforcement around it</li>
<li aria-level="1">Iran makes another offer to the US to re-open the Strait of Hormuz</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> - what happens if you change your savings by just $100 a week. 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.

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>

Miners take the lead over banks; house auctions, prices fall; $US9m lunch with Buffett

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/bd086e96-0fbb-4c61-bc72-b44d00c0c2f0/transcript