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.
ASX drops 0.7pc

Independent MPs launch new party

‘Significant terror cases’ disrupted by ASIO

Karl Stefanovic to depart Nine

Dozens killed in Venezuela earthquake

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A jump in inflation opens the door to another interest rate hike.
Domain forecasts a drop in house prices in Sydney, Melbourne and Canberra, and a slowdown in growth elsewhere
More than 1,200 cargo ships carrying goods worth an estimated $US125bn, or $180 billion Aussie dollars, remain stranded in the Strait of Hormuz
A third case of bird flu detected, this time in South Australia
One of the worst heatwaves on record hits Europe.

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Australia's housing downturn is accelerating, with Sydney prices falling more than 1 per cent in the past month and Melbourne continuing to weaken.

Sean Aylmer speaks with Jonathan McMenamin, Head of Economic Forecasts at Barrenjoey, about what's driving the correction and how much further prices could fall. They look at why interest rate hikes account for most of the downturn, how recent tax changes have affected investor sentiment, and why Sydney and Melbourne are behaving very differently from Perth and Brisbane.
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 rises 0.2pc

Gold price falls

Qantas flight diverted

Karl Stefanovic under pressure

Meta planning prediction app

We’re running a short survey to hear from you, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.

Wednesday 24 June 2026
The federal government wins Greens support for its capital gains tax and negative gearing changes.
Iron ore prices fall to their lowest level in three months
The KPMG scandal claims two more scalps
WiseTech Global denies allegations that CEO Richard White exploited a woman’s immigration status and financial insecurity for sex
SpaceX’s share price tumbles

We’re running a short survey to hear from you, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher.

Heading to the Mumbrella Finance Marketing Summit on August 12? Buy your ticket before July 3 to lock in earlybird rates!

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-year test for your money. 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.