FEAR & GREED | Business News

The federal government cuts the fuel excise in half to lower petrol prices.
Prime Minister Anthony Albanese calls on the US President Donald Trump to provide more certainty around the war in the Middle East
Global beauty retailer Sephora under fire for marketing to children
Opposition leader Angus Taylor rejects major changes to tax rules
Gaming group Star Entertainment secures a big new funding package
Plus the next interview in our Accelerator series with Airwallex. Today’s guest: Nick Ryan, COO of Essendon Football Club, about how incremental improvements can make a big difference both on and off the field.
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The war in the Middle East has triggered a major oil shock — with supply through the Strait of Hormuz effectively shut and millions of barrels removed from the global market.
Nik Burns, Head of Energy Research at Jarden, says this isn’t just another short-term spike — it could mark a structural shift in global energy markets.
He talks to Sean Aylmer about why prices may stay elevated, what it means for investors, and why the path back to normal could take much longer than expected.
General information only. Seek professional advice tailored to your circumstances before making investment decisions.
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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.
Oil jumps, ASX off 0.7pc

Accused cop killer shot dead

Support for Labor tumbles

Ceasefire could be reached ‘fairly quickly’

Macy’s AI sales surge

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Monday 30 March 2026
National Cabinet is set to meet amid soaring fuel prices and falling equity markets.
Auction clearance rates hit their lowest level since 2022
Electric vehicle purchases in Australia almost double since the outbreak of the Middle East conflict
Wall Street tech stocks plummet on the back of AI concerns
Aussies’ $83 billion online splurge
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And don’t miss the latest episode of How Do They Afford That? - this week: the middle-class money trap. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
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This week we get the minutes from the RBA board meeting, where four members voted against an interest rate hike. As the oil price shock worsens, hitting many aspects of the economy - could those four members have had the right idea? Michael Thompson is joined by economist Stephen Koukoulas to discuss, and also look at the rest of the week for the economy: building approvals, house prices, and job vacancies.

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Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.