
About this episode
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.
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ASX hits six-week low as oil nears $US100
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Blanche d’Alpuget dies aged 82
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Hastie takes aim at One Nation
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Counterbid for Austal
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US steps up trade war with Canada
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Fast Five by Fear and Greed — Fear & Greed Afternoon Report | 9 Sep 2026. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Looking for the best of Verbo? Discover vacation rentals of the year top quality homes guess love from across the country Our curated list takes the guesswork out of planning so you can spend less time searching and more time packing book your next day now with Verbo Welcome to the fear and greed business and use afternoon report for Wednesday the 9th of September 2026 I'm Michael Thompson and every afternoon We've got the five stories that happen today that you need to know about Let's go a story number one. We'll start with markets the S&P a six 200 slips 0.1% today to 8,911 points not much but enough to take it to its lowest close since July 27th at the market had been higher Earlier in the day, but sentiment weakened after the US struck Iranian oil tankers near car, giland that of course raises fears of further disruption to global energy supplies oil prices are now nearing $100 US dollars a barrel banks were among the biggest drags on the local boss though after reserve bank deputy governor Andrew
Howzer warned that inflation and economic growth were still too strong more on this one in tomorrow morning show Commonwealth bank fell more than 2% Nab Westpac ANZ they all lost ground as well Healthcare stocks also had a pretty ordinary day cochlear for instance was off more than 3% CSL was down 2% although that was trading ex dividend higher oil and copper prices did help offset some of the losses Woodside and Santos both rose BHP jumped more than 3% Rio Tinto as well gained almost 2% as copper hit a record high On to story number two now and acclaimed Australian author journalist and political biographer blanche del puje Has died at the age of 82 her family says she's died yesterday from complications associated with influenza Dal puje wrote novels biographies and essay is across a very long career spanning more than six decades But was perhaps best known for her biographies of former prime minister Bob Hawke who later became her husband prime minister
Anthony Albanese described her as a true one off while her family remembered her as fiercely independent curious and full of life del puje and hawk married in 1995 and remained together until his death in 2019 Story number three liberal front bencher Andrew Hastie has launched a pretty extraordinary attack on one nation Uh, and it's leader Paul in Hanson and deputy leader Barnaby Joyce calling them and I quote lying cowards over claims about his military service the dispute centers on a one nation cartoon Which labels hasty a traitor over evidence that he gave in Ben Robert Smith defamation case hasty who is a former s a s captain says he will no longer tolerate attacks on his service record And has challenged Hanson and Joyce to either defend the cartoon publicly or take it down hasty has also refused to say whether he still has leadership ambitions after he threw his hat into the ring ahead of the spill That source Susan Lee resigned from the top job
He has told Sky News in an interview that the leader right now is Angus Taylor I support him. I consider him a good close friend and my action speak for me Story number four a Florida-based private investment company has lobbed a counterbeard for ship builder Ostle's United States business the bid values that unit at about one point eight billion dollars Which is above South Korean handwise bid of one point seven billion dollars It sets the two up for a battle which I use deliberately considering this is a company that makes ships for the military Ostle is considering selling its US assets which include shipyards in Alabama the build vessels for the Pentagon After struggling with the division at the new offer now puts the pressure back on handwar And finally story number five the trade war between the United States and Canada has escalated yet again with Donald Trump now moving To actually ban a range of Canadian imports. This includes some dairy products
Alcohol also motor bikes are on the list the restrictions will begin later this month And it comes after Canada imposed his own counter tariffs on US goods that came into effect overnight The two countries are Among each other's biggest trading partners so the dispute does Already raised concerns about higher prices weaker sales on both sides of the border Canadian PM Mark Carney says shifting the economy away from its dependence on the US will come at a cost But argues that the cost of doing nothing would be greater And that is it for the afternoon report for Wednesday the 9th of September Make sure you're following the podcast and head along to fear and agree.com.au to sign up for our free daily newsletter I'm Michael Thompson enjoy your evening Shop vans and Albertsons for fresh savings every time you shop This week at vans and Albertsons get fresh boneless skinless chicken breasts for 199 per pound limit 10 pounds and locally grown grape re cotton candy grapes are 299 per pound with digital coupon
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