Rate cut hopes increase; PM hits out at Trump Administration; internet advertising surges

Monday 2 June 2025

The chance of further interest rate cuts increase with figures showing stagnation in retail spending and construction. 

And more, including:

• Prime Minister Anthony Albanese and Trade Minister Don Farrell hit out at the Trump Administration over defence and new tariffs on steel and aluminium. 
• House prices rise across the country. 
• Wealth of Australia's richest 200 people jumps 7pc.
• Ryanair’s CEO is set to earn $200 million in one year. 

Book your free ticket to Fear & Greed’s first ever live show in Sydney on June 5, combined with the launch of Michael’s new novel All The Perfect Days.

Join our free daily newsletter here.

And don’t miss the latest episode of How Do They Afford That? - 10 ways to get onto the property ladder. 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.