FEAR & GREED | Business News

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.
Nepal floods: 39 Australians missing

ASX ends week up 0.4pc

Virgin pays first dividend since relisting

Nvidia adds $US442 billion in a day

Trump secretly sends CIA chief to Moscow

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Friday 28 August 2026
Three of Australia’s biggest consumer businesses report results, offering a snapshot of how Australians are spending across travel, health and retail.
Households continue to spend, just as more banks warn of another impending rate hike
Bill Gates delivers a stark warning on AI
Tech giant Meta’s $18b court settlement
Why the type of music a shop plays can change what you buy

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And don’t miss the latest episode of How Do They Afford That? - are you taking the right amount of risk? Get the episode from Apple, Spotify or anywhere you listen to podcasts.
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Wesfarmers released its full-year results yesterday, and while Bunnings and Kmart are still booming, the conglomerate is facing a familiar retail challenge: labour, energy, transport and supply-chain costs are rising, while Australian households remain under pressure.

Michael Thompson speaks with Wesfarmers Chief Financial Officer Anthony Gianotti about how the owner of Bunnings, Kmart and Officeworks is using productivity gains and artificial intelligence to keep prices down.

They discuss the early results from AI shopping assistants, what Wesfarmers is seeing from consumers, the advantage of Kmart’s Anko brand and why Officeworks is being reshaped around technology.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.

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.
Australians missing after Nepal floods

ASX falls 1pc as rate bets rise

Xero hit by another pay revolt

Macquarie dumps KPMG

Nvidia’s AI boom rolls on

Join our free daily newsletter here.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.

Thursday 27 August 2026
Hotter than expected inflation raises the prospect of another interest rate rise.
Woolies outdoes Coles in the battle of the supermarkets
More Australians than ever are investing
Australia’s biggest media company shifts away from its origins
The driverless car creator from Melbourne thinks robo-taxis will be commonplace within the next decade

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? - are you taking the right amount of risk? Get the episode from Apple, Spotify or anywhere you listen to podcasts.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.