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 snaps three-day losing streak

2. Pacific splits over China missile test

3. Santos ramps up Alaska oil

4. Atlassian puts a price on AI

5. Trump slaps 100pc tariffs on drones

Join our free daily newsletter here.

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

See omnystudio.com/listener for privacy information.

Thursday 3 September 2026

Economic growth holds up better than expected, putting pressure on the RBA to hike rates.

• Telstra confirms the cause of its major network outage
• Competition in the mortgage market sees a billion dollars of loans switching lenders every day
• The UN warns the world is set to exceed its global warming targets
• Why a rule about standing up could be killing London’s pubs

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? - twelve months to financial freedom. 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.

The Australian economy is holding up better than expected. GDP grew 2.1 per cent over the year to June, consumer spending remains resilient and households are still managing to save - despite three interest rate rises and stubborn inflation.

Michael Thompson speaks with AMP Deputy Chief Economist Diana Mousina about what the latest GDP numbers tell us about Australian households, whether economic growth and sticky inflation have increased the risk of another interest rate rise in September, and why the surge in global bond yields matters.

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

See omnystudio.com/listener for privacy information.