Yesterday the Reserve Bank increased the official cash rate by 25 basis points to 4.1 per cent. It’s the second rate hike in a row - but while last time the decision was unanimous, this time it was much closer, with the board split 5-4.

Diana Mousina, Deputy Chief Economist at AMP, explains what that split means for the next RBA meeting in May, and the key factors that contributed to yesterday's rate hike.

Yesterday the Reserve Bank increased the official cash rate by 25 basis points to 4.1 per cent. It&rsquo;s the second rate hike in a row - but while last time the decision was unanimous, this time it was much closer, with the board split 5-4. Diana Mousina, Deputy Chief Economist at AMP, explains what that split means for the next RBA meeting in May, and the key factors that contributed to yesterday's rate hike.

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.

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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>

Q+A: The RBA was split on rates - so what happens next?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/02c1c90d-cdcf-4702-bece-b41000e68e44/transcript

Friday 20 March 2026

The National Cabinet establishes a fuel taskforce as the competition watchdog launches an investigation into the petrol companies. 
The unemployment rate jumps to 4.3 per cent
International airfares, having already risen, are set to go even higher
The richest 250 Australians revealed
Gas supplies targeted in the war in the Middle East

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And don’t miss the latest episode of How Do They Afford That? - this week: dream holiday, sensible budget. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Friday 20 March 2026
The National Cabinet establishes a fuel taskforce as the competition watchdog launches an investigation into the petrol companies.&nbsp;
<ul>
<li aria-level="1">The unemployment rate jumps to 4.3 per cent</li>
<li aria-level="1">International airfares, having already risen, are set to go even higher</li>
<li aria-level="1">The richest 250 Australians revealed</li>
<li aria-level="1">Gas supplies targeted in the war in the Middle East</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: dream holiday, sensible budget. 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.

ACCC investigates petrol stations; unemployment jumps; airfares set to rise

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/1efe1b8c-448f-4cde-acd6-b41200de414e/transcript

Australian businesses are under pressure — rising costs, tighter margins and the push to adopt AI.

But many companies may be trying to solve the wrong problem - Instead of focusing on roles, they should be focusing on tasks, because much of the work being done today is unnecessary, duplicated, or simply too expensive.
 
Jarra Borman is the Director of Strategy at consultancy Outrun Global. He speaks to Sean Aylmer about why businesses are “tanking their own capacity”, why employees spend just 27% of their time on skilled work, and how a simple shift in thinking can unlock major productivity gains.

To find out more, Outrun's new guide: The Top 10 Tasks to Optimise for the Biggest Impact is available here.

Outrun Global is a supporter of Fear & Greed.

Australian businesses are under pressure &mdash; rising costs, tighter margins and the push to adopt AI. But many companies may be trying to solve the wrong problem - Instead of focusing on roles, they should be focusing on tasks, because much of the work being done today is unnecessary, duplicated, or simply too expensive. &nbsp; Jarra Borman is the Director of Strategy at consultancy Outrun Global. He speaks to Sean Aylmer about&nbsp;why businesses are &ldquo;tanking their own capacity&rdquo;, why employees spend just 27% of their time on skilled work, and how a simple shift in thinking can unlock major productivity gains. To find out more, Outrun's new guide:&nbsp;<a href="https://www.google.com/url?q=https://go.outrun.global/fearandgreed&amp;sa=D&amp;source=calendar&amp;ust=1774358874720407&amp;usg=AOvVaw3VZNhfFdA7E1s4phWrHRdb">The Top 10 Tasks to Optimise for the Biggest Impact&nbsp;is available here</a>. Outrun Global is a supporter of Fear &amp; Greed.

Q+A: Only 27% of work actually matters - here’s the fix

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/3d7c2226-f5b8-45d0-86fe-b41200ddf0ad/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 falls 1.7pc 


PM calls for Iran de-escalation


US Fed keeps rates on hold


Radio ratings


Drones over US military base

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.
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<li data-section-id="19r6jfv" data-start="0" data-end="31">
ASX falls 1.7pc&nbsp;
</li>
<li data-section-id="nl08zv" data-start="32" data-end="76">
PM calls for Iran de-escalation
</li>
<li data-section-id="8c03ce" data-start="77" data-end="108">
US Fed keeps rates on hold
</li>
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Radio ratings
</li>
<li data-section-id="1d04aqn" data-start="151" data-end="185" data-is-last-node="">
Drones over US military base
</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/f8e101aa-5199-4b1d-8d17-b4120063744f/transcript

Q+A: The RBA was split on rates - so what happens next?

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