FEAR & GREED | Business News

The serious, the surprising and the slightly ridiculous - welcome to the Saturday Edition.

This week: what earnings season is telling us about consumers and interest rates, a potential breakthrough in melanoma treatment, Australia’s trillion-dollar debt milestone, tobacco tax reform... and the badly stuffed “fox” that turned out to be a Tasmanian tiger.

Sean Aylmer and Michael Thompson go head-to-head, with Adam Lang picking the winner.

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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 ends lower

Runway near collision
Steadfast to leave ASX

ARN loss on Kylie, Jackie O implosion

Walmart slumps

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Friday 21 August 2026
Unemployment rises as bond markets pare back the chance of a rate hike.
The Aussie dollar pushes above 71 US cents
Federal parliament passes legislation that will force big tech companies to pay hundreds of millions of dollars to local media organisations
The football World Cup both helps, and hurts, ASX listed companies
A promising new treatment for melanoma

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And don’t miss the latest episode of How Do They Afford That? - ten purchases that actually save you money. Get the episode from Apple, Spotify or anywhere you listen to podcasts.
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Atlassian is one of Australia’s great business success stories. Mike Cannon-Brookes and Scott Farquhar built a software giant that at one point was worth more than $115 billion. But behind the extraordinary growth, their friendship and business partnership was coming under increasing strain.

Sean Aylmer speaks with business journalist John Stensholt, co-author with Perry Williams of the new book Tech Bros, about the inside story of Atlassian, the founders’ “year of not talking”, the role billions of dollars played in changing their relationship, and why partnerships between two highly driven founders can be so difficult to sustain.

Tech Bros is available now.
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.
ASX snaps six-day losing streak

Northern Star CEO could earn $18m

Results wrap: IDP Education, Zip, Medibank

Sponsors pause Swans deals

Harry and Meghan moving back to UK

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