Tuesday 2 June 2026

Local tech stocks surged yesterday, but the sector remains the worst performer on the ASX, in sharp contrast to many other global markets.

• Broadcasters battle to win the rights to the National Rugby League
• Australian universities drop down global rankings
• A poll says One Nation is now the most popular political party in the country
• How Ford Motors pivoted away from cars and triggered a surge in its share price

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.

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And don’t miss the latest episode of How Do They Afford That? - what are you actually working for? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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Australia’s housing market is weakening, and Sydney and Melbourne are now clearly falling. National house prices were flat in May, auction clearance rates have dropped sharply, and investors are facing major uncertainty following proposed tax changes in the federal budget.

Sean Aylmer speaks with Tim Lawless, Research Director at Cotality, about what happens next for house prices, renters, investors and first home buyers - and why this downturn looks different from previous housing cycles.

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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.

1. ASX flat as tech surges

2. One Nation most popular party

3. Peter Warren tumbles 25pc

4. Corporate wrap: Lendlease, Cettire, DroneShield

5. Nvidia announces new chip

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Monday 1 June 2026

House prices across the country flatline, while in Sydney and Melbourne they fell sharply last month.

• The Aussie dollar pushes back above 72 US cents and is riding high against many global currencies
• Local politicians told not to have confidential discussions in Chinese made EVs.
• The use of debit cards is declining
• A CIA official accused of stealing $303 million worth of gold bars from the organisation

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.

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? - what are you actually working for? 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.

This week:

• March quarter GDP figures
• A Senate appearance by RBA Governor Michele Bullock
• Building approvals
• International trade
• And is a June rate hike off the table, following last week's inflation numbers?

Michael Thompson is joined by economist Stephen Koukoulas to look at what to expect.

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This week, it's Five Questions on redundancy, career shocks and what comes next.

Sean, Michael and Adam share their own experiences of losing jobs, the emotional hit that comes with redundancy, and why it can also become a turning point.

They discuss identity, uncertainty, stigma, rebuilding confidence — and why Fear & Greed probably wouldn’t exist without those career setbacks.

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Good news on inflation, the government launches a $2 billion lawsuit, plans for a moon base, and companies dealing with unexpected changes of plans. Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Adam Lang picking a winner in a fierce debate.

Join our free daily newsletter here.

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.

1. ASX up 1.6pc

2. Reports of ceasefire agreement

3. KPMG Chief Exec quits

4. Tony Abbott new Liberal Council president

5. Blue Origin rocket explodes

Join our free daily newsletter here.

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

See omnystudio.com/listener for privacy information.