This week, it's all about labour force numbers, with a deep dive on jobs: how is employment measured? What is unemployed vs underemployed? What about the participation rate? What does 'hours worked' tell us about a slowing economy?

Michael Thompson is joined by economist Stephen Koukoulas for a preview of the jobs data, and an employment explainer.

Join our free daily newsletter here.

This week, it's all about labour force numbers, with a deep dive on jobs: how is employment measured? What is unemployed vs underemployed? What about the participation rate? What does 'hours worked' tell us about a slowing economy? Michael Thompson is joined by economist&nbsp;<a href="https://www.google.com/url?q=http://www.marketeconomics.com.au/stephen-koukoulas&amp;sa=D&amp;source=calendar&amp;ust=1784888327349459&amp;usg=AOvVaw0jWT7CF8W-zs9cXYjGrU-_">Stephen Koukoulas</a>&nbsp;for a preview of the jobs data, and an employment explainer. Join our<a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1784888327349459&amp;usg=AOvVaw1AuLKBIisi75Utcnkw_lku">&nbsp;free daily newsletter here</a>.

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

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Short, sharp answers to questions about business, investing, economics or politics.&nbsp;
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Short, sharp answers to questions about business, investing, economics or politics. 

Fear & Greed Q+A

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 Week Ahead | 20 July 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/141886d5-277f-420a-8d2b-b48c00a965d6/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 flat


Barnaby Joyce shouts at dog


KPMG new CEO


Andy Burnham announces first policy


Trump hits Canada with 50pc tariffs

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 flat
</li>
<li aria-level="1">
Barnaby Joyce shouts at dog
</li>
<li aria-level="1">
KPMG new CEO
</li>
<li aria-level="1">
Andy Burnham announces first policy
</li>
<li aria-level="1">
Trump hits Canada with 50pc tariffs
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | Barnaby’s dog & Trump’s tariffs

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/0b407ca0-42f9-475a-b38f-b48e00769996/transcript

Tuesday 21 July 2026

Super funds post the fourth consecutive year of outsized returns. 
ASIC secures $830 million in penalties from banks, super trustees and other financial service companies
Prime Minister Anthony Albanese gives Pauline Hanson a whack over criticising Australia
Britain has a new PM
Italian car manufacturer Fiat set to stop exporting to Australia, on the back of hot Chinese competition

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. 

 

And don’t miss the latest episode of How Do They Afford That? - what’s your true hourly wage? Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Tuesday 21 July 2026
Super funds post the fourth consecutive year of outsized returns.&nbsp;
<ul>
<li aria-level="1">ASIC secures $830 million in penalties from banks, super trustees and other financial service companies</li>
<li aria-level="1">Prime Minister Anthony Albanese gives Pauline Hanson a whack over criticising Australia</li>
<li aria-level="1">Britain has a new PM</li>
<li aria-level="1">Italian car manufacturer Fiat set to stop exporting to Australia, on the back of hot Chinese competition</li>
</ul>
&nbsp;
Hit follow on the podcast so you don&rsquo;t miss the latest news, and join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>.&nbsp;
&nbsp;
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> - what&rsquo;s your true hourly wage? 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.

Super funds’ sterling year; Albo whacks Hanson; Britain has a new PM

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/871ace5a-c08c-43b2-ba90-b48d00b0aa89/transcript

Oil prices have been whipsawed by developments in the Middle East, with markets swinging sharply on every headline. But are investors reacting too quickly?

Sean Aylmer speaks with Brian Arcese, Portfolio Manager at Foord Asset Management, about why oil prices may remain higher for longer, why markets are underestimating the time it takes for supply to recover, and what that means for inflation, interest rates and investment portfolios.

Brian also explains why he believes energy stocks remain an important hedge against geopolitical risk.

This is general information only. Seek professional advice tailored to your circumstances before making investment decisions.

Oil prices have been whipsawed by developments in the Middle East, with markets swinging sharply on every headline. But are investors reacting too quickly? Sean Aylmer speaks with Brian Arcese, Portfolio Manager at Foord Asset Management, about why oil prices may remain higher for longer, why markets are underestimating the time it takes for supply to recover, and what that means for inflation, interest rates and investment portfolios. Brian also explains why he believes energy stocks remain an important hedge against geopolitical risk. This is general information only. Seek professional advice tailored to your circumstances before making investment decisions.

Q+A: Why oil prices are moving faster than the facts

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/2d3e00a7-d7c3-491c-b51e-b48d00b0a88f/transcript

Q+A: The Week Ahead | 20 July 2026

Fear & Greed Q+A

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