CBA $11b profit, mortgage warning; SME closures surge; heatwaves spur air-con clothing

CBA $11b profit, mortgage warning; SME closures surge; heatwaves spur air-con clothing

Author: Fear and Greed August 12, 2026 Duration: 16:16

Thursday 13 August 2026

The Commonwealth Bank announces an $11 billion profit but warns that the economy, and housing market, are slowing. 

  • The number of SME exits surges, as the economic going gets tough
  • The federal coalition provides more details of its immigration policy
  • Insurer Suncorp says it had to pay out on 32 separate weather events over the past year
  • Asia is going crazy for air-conditioned clothing, to combat the increasingly number of heatwaves

 

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?, exploring margin loans for investing. 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.


Tune in each weekday for a frank and insightful look at the forces driving markets and the economy. FEAR & GREED | Business News cuts through the noise, delivering analysis you can actually apply to your own financial decisions. Hosted by seasoned journalists Sean Aylmer and Michael Thompson, this daily podcast digs into the stories behind the headlines, exploring the psychology of investing and the real-world impact of corporate moves and policy shifts. It’s not just about reporting what happened; it’s about understanding the ‘why’ and the ‘what next’. You’ll hear straightforward conversations that decode complex topics, from sharemarket fluctuations and property trends to global economic pressures and emerging opportunities. For anyone trying to navigate their own investments or simply make sense of the business world, this show offers a grounded, no-nonsense perspective. The FEAR & GREED podcast is your daily dose of context, helping you move past the emotion-driven headlines and think a little more clearly about your money.
Author: Language: en-au Episodes: 50

FEAR & GREED | Business News
Podcast Episodes
Q+A: Is Australia getting immigration all wrong? [not-audio_url] [/not-audio_url]

Duration: 12:06
Migration has become one of Australia's biggest political issues. But behind the headlines lies a much more complicated story.Sean Aylmer speaks with Melinda Cilento, CEO of the Committee for Economic Development of Aust…
Afternoon Report | ASX surges 1.4pc [not-audio_url] [/not-audio_url]

Duration: 5:12
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 surges 1.4pc NDIS delays costing $11.5m a day BH…
Q+A: Crypto enters the financial mainstream [not-audio_url] [/not-audio_url]

Duration: 13:17
Crypto has come a long way from its early days. Regulation is tightening, institutions are becoming more involved, and the technology behind digital assets is increasingly finding real-world applications.In the first of…
Afternoon Report | ASX jumps as oil slides [not-audio_url] [/not-audio_url]

Duration: 5:09
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 up 0.5pc One Nation ahead in polls Bird flu mass…
Q+A: The Week Ahead | 3 August 2026 [not-audio_url] [/not-audio_url]

Duration: 10:35
This week: Is a rate hike now off the cards after last week's inflation figures? Household spending data International trade, and why it's the sleeper story of the economy Michael Thompson is joined by economist Stephen…
Q+A: Is cash making a comeback? [not-audio_url] [/not-audio_url]

Duration: 7:44
Uber now accepts cash. ATM withdrawals are rising. So is Australia's cashless future on hold? Michael and Sean unpack the surprising resurgence of cash, who's using it, and whether physical money is here to stay.Got a to…
The Saturday Edition | 1 August 2026 [not-audio_url] [/not-audio_url]

Duration: 30:19
The Saturday Edition has had an overhaul! All-new stories, more debate, and a whole lot of fun.This week: the tech stock rollercoaster, FIFA's billion-dollar ambitions, and the surprising auction of Colonel Sanders' home…