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 slips

Trump order Hormuz blockade

Companies announce downgrades

IKEA cuts returns policy

Hungary election shock

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Monday 13 April 2026
Peace talks between the US and Iran break down as fears of higher food prices escalate.
The Aussie dollar, Bitcoin and gold all rise
One-time market darling, Atlassian, tumbles on Wall Street
Big banks and the US government warn of the destructive capabilities of AI
The commercial property market splits in two
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And don’t miss the latest episode of How Do They Afford That? - this week: five ways to cut the cost of living. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
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This week it's all about labour force figures, and the NAB business survey - which will be one of the first indicators of how businesses have coped with the oil crisis caused by the Middle East war. Michael Thompson is joined by economist Stephen Koukoulas.

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It's Sean's turn this week to hit Michael and Adam with five questions - no notice, no prep. This week, it's all about consumer behaviour - how the cost of living is changing the way we spend.
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From a moon mission and AI errors, to an EV surge and the government now treating fuel as a national security issue - Sean Aylmer and Michael Thompson go head to head over the best business stories of the week, with Adam Lang picking a winner in a fierce debate.

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Find out more: https://fearandgreed.com.au/
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