The Saturday Edition | 30 May 2026
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Welcome to the Saturday edition of Fear and Greed, business news you can use. I'm Michael Thompson and good morning, Sean Aylmer. Good morning, Michael Thompson. Sean, our Saturday show is all about the two of us, each nominating what we think is the biggest business news story of the week, the most remarkable business news story, a mystery category that we change every week just to keep things exciting, our favourite story as well. It is a competition between the two of us and in a competition you need a judge to And that judge is our fear and greed colleague, Adam Lang. Adam, good morning. Hi, Sean. Hi, Michael. Can we start with a special shout out to everybody at the Kirrawee Library this morning, currently sitting in my How to Make a Podcast workshop, who's being forced to listen to the start of this episode as an example of how to start a podcast.
Good morning. Good morning.
Good morning to you all. And fortunately, this is a podcast, not a vlog, because you wouldn't be able to see what Michael's wearing this morning.
What are the biggest business news stories of the week?
And he has this hoodie, I suppose. Is it a hoodie? Yeah, it's a hoodie, Sean. Yeah. And the inside material, is that pro-America? Is that? No, it's not. It's the red, white and blue, but it's very much the kind of the winter twill or something like that.
Yes. I don't think I've ever had so much of a critique on my clothing. Usually it's, let's have a crack at Adam because he's wearing a suit on a Saturday morning, that kind of thing. You've gone with fireside chic. Yes, that's exactly it, Adam. Fireside chic.
Fireside chic is well done.
Perfect. Nicely done. I think it works. Look, I'm happy with it and I shan't be changing it based on what the two of you think. Let us go with the episode. The criteria, Adam, if you would tell us what you're looking for in the next four categories of stories.
Okay, got to be newsy, timely and topical. And the big one for us, of course, economic impact. There's always a bit of subjective bias for my reform. Got to be honest about that. And really, Michael, your special suit, particularly given what you're wearing, melodrama. Sell it, Michael.
It is just a jumper. It is a polar fleece hoodie. It is. Polar fleece hoodie.
Yeah.
Yeah. I like it. Through the week we were talking about, um, through the week, Sean, you and I were talking on the show about, uh, KMD brands and Katmandu. Remember how we're talking about that? One of the problems for Katmandu was that, uh, their clothes were almost too reliable and they didn't fall apart. Uh, And I just wanted to share that at the same time that I bought the jacket that I've been wearing now for 11 years, I bought this same jumper as well. And now it has lasted me 11 years. And so all of my wardrobe is from the mid 20 teens.
As I said at the time, this is all a reflection on you, not K&B Brands. Today, Michael is wearing KMD Winter 2015.
That's right. I feel the cold. All right, let's move on. Biggest story of the week. What did you like, Sean? Ah, easy.
Inflation, not as high as expected. In fact, we thought headline inflation might come in around 4.6%, 4.7%, came in at 4.2%. Underlying inflation, that was faced a surge. It didn't. It just jumped a little bit from 3.3% to 3.4%. Inflation is still coming. So it's not like you can say, woohoo, we won. Nothing like that. Higher energy prices are working their way through the economy.
Is that what the Reserve Bank would say? Yeah, woohoo. Is that how they celebrate?
As they dip an iced vovo into the tea?
Oh, please, scotch finger. Iced vovo, that's for flash people.
Yeah.
point here is that we have inflation. Before we get the whole push through in the energy prices through the rest of the economy, wasn't quite as hot inflation as we thought it was going to be. So that means the Reserve Bank has time to wait and see what happens with the three interest rate hikes we've had, how did they filter through the economy? What about these energy costs? When will they hit the supermarket shelves in terms of prices? We're starting to see that already. What about economic growth?
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Chapters
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