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

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 0.7pc


Qantas reassures on fuel


KMD pushed to sell Rip Curl


Kyle Sandilands launches legal action


ICE agents deployed to airports

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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 0.7pc
</li>
<li data-section-id="nl08zv" data-start="32" data-end="76">
Qantas reassures on fuel
</li>
<li data-section-id="8c03ce" data-start="77" data-end="108">
KMD pushed to sell Rip Curl
</li>
<li data-section-id="137m4il" data-start="109" data-end="150">
Kyle Sandilands launches legal action
</li>
<li data-section-id="1d04aqn" data-start="151" data-end="185" data-is-last-node="">
ICE agents deployed to airports
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX falls 0.7pc

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5a13f579-7174-400f-9908-b416005ff5f5/transcript

Monday 23 March 2026

The local share market is set to tumble this morning after US President Donald Trump threatened to obliterate Iran’s power plants. 
The housing market is faltering with clearance rates now at their lowest this year
Fraud across the country surges
A court rules that working ten minutes a day isn’t enough to keep your job
The world’s best airports revealed

Join our free daily newsletter here.

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.

Monday 23 March 2026
The local share market is set to tumble this morning after US President Donald Trump threatened to obliterate Iran&rsquo;s power plants.&nbsp;
<ul>
<li aria-level="1">The housing market is faltering with clearance rates now at their lowest this year</li>
<li aria-level="1">Fraud across the country surges</li>
<li aria-level="1">A court rules that working ten minutes a day isn&rsquo;t enough to keep your job</li>
<li aria-level="1">The world&rsquo;s best airports revealed</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.

Trump “obliterate” threat to hit ASX; housing market falters; 10 mins isn’t a work day

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/320f883a-d84e-4527-a238-b415009eabdd/transcript

This week, the monthly inflation figures for February are published... but what value do they have, when the Middle East conflict is raging and oil is soaring? Michael Thompson is joined by economist Stephen Koukoulas to look at what inflation, the RBA's interest rates decision, and what to make of last week's jump in the unemployment rate.

This week, the monthly inflation figures for February are published... but what value do they have, when the Middle East conflict is raging and oil is soaring? 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=1774604162114492&amp;usg=AOvVaw0ZeDZTD7fp4CSrntDfo89w">Stephen Koukoulas</a>&nbsp;to look at what inflation, the RBA's interest rates decision, and what to make of last week's jump in the unemployment rate.

Q+A: The Week Ahead | 23 Mar 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6a346297-9222-4e8c-bd57-b415009ea562/transcript

Special edition: Trump pauses tariffs, markets surge

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