US President Donald Trump has announced a stunning backflip on tariffs, pausing tariffs on many trading partners around the world.  The unexpected news caused an immediate surge on Wall Street. Sean Aylmer and Michael Thompson go through the announcement and what it means for markets and Australia and the uncertainty that remains.

US President Donald Trump has announced a stunning backflip on tariffs, pausing tariffs on many trading partners around the world.&nbsp; The unexpected news caused an immediate surge on Wall Street. Sean Aylmer and Michael Thompson go through the announcement and what it means for markets and Australia and the uncertainty that remains.

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>

Special edition: Trump pauses tariffs, markets surge

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/7b3c4057-4a56-4561-82df-b2ba0168e264/transcript

Tuesday 29 September 2026

The Albanese government closes in on being the highest taxing government in history. 
Global investors get jittery over the lack of progress in the Strait of Hormuz
The share prices of two ASX-listed companies surge after one receives a takeover bid, and the other knocks back an offer 
The country’s most powerful battery hits full capacity
Taylor Swift is now, officially, queen of the Video Music Awards

 

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?- the five biggest myths about ETFs. Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Tuesday 29 September 2026
The Albanese government closes in on being the highest taxing government in history.&nbsp;
<ul>
<li aria-level="1">Global investors get jittery over the lack of progress in the Strait of Hormuz</li>
<li aria-level="1">The share prices of two ASX-listed companies surge after one receives a takeover bid, and the other knocks back an offer&nbsp;</li>
<li aria-level="1">The country&rsquo;s most powerful battery hits full capacity</li>
<li aria-level="1">Taylor Swift is now, officially, queen of the Video Music Awards</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> - the five biggest myths about ETFs. 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.

Albanese government & peak tax; investors jittery over Hormuz; Swift’s record

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/74bb8f8b-22bd-47b5-8fc3-b4d300c4ce2a/transcript

Oil prices are back above $US100 a barrel as uncertainty over the Strait of Hormuz rattles energy and bond markets. But with global inventories already depleted, how much worse could the situation get if a deal between the US and Iran remains out of reach?

Sean Aylmer speaks with Vivek Dhar, Head of Commodities and Sustainability Research at Commonwealth Bank, about the risk of Brent crude reaching $US150 a barrel, why diesel may be even more vulnerable, how protected Australia is from physical shortages, and why the current crisis could ultimately accelerate a shift towards structurally lower oil prices.

Oil prices are back above $US100 a barrel as uncertainty over the Strait of Hormuz rattles energy and bond markets. But with global inventories already depleted, how much worse could the situation get if a deal between the US and Iran remains out of reach? Sean Aylmer speaks with Vivek Dhar, Head of Commodities and Sustainability Research at Commonwealth Bank, about the risk of Brent crude reaching $US150 a barrel, why diesel may be even more vulnerable, how protected Australia is from physical shortages, and why the current crisis could ultimately accelerate a shift towards structurally lower oil prices.

Q+A: Could oil hit $US150 a barrel?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/99934b5d-7901-4571-9824-b4d300c4cb01/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 edges higher ahead of RBA


Rates could hit 5.35pc


Virgin cancellations hit 30,000 passengers


Mike Baird quits Cricket Australia


Five arrested near RAF base

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 edges higher ahead of RBA
</li>
<li aria-level="1">
Rates could hit 5.35pc
</li>
<li aria-level="1">
Virgin cancellations hit 30,000 passengers
</li>
<li aria-level="1">
Mike Baird quits Cricket Australia
</li>
<li aria-level="1">
Five arrested near RAF base
</li>
</ol>
Join our&nbsp;<a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX edges higher ahead of RBA

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/785eeb9f-8394-4a88-adf3-b4d3007009b3/transcript

Special edition: Trump pauses tariffs, markets surge

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