The Saturday Edition | 9 May 2026
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What is the focus of this week's business debate?
This is the Saturday edition of Fear and Grieve, business news you can use. I'm Sean Aylmer and good morning, Adam Lang. Good morning, Sean. Now, our Saturday show is all about two of us, each nominating what we think is the biggest story of the week, the most remarkable story, a mystery category, and our favourite story. Normally, of course, it's a battle between Michael and I, but given that he's gallivanting along the west coast of the US at the moment, Today's battle is between Adam and I, and of course, we need a judge. And no disrespect to you, Adam, this week we actually have a decent one with serious journalism credentials to boot. Welcome to the Saturday edition, Juliette Sarli from Ausbiz.
Good morning.
What criteria are used to judge the biggest story of the week?
Sure. Good morning, Adam. Oh, gosh, this is tough.
What impact did the Reserve Bank's interest rate hike have?
Big boots to fill.
Well, no, they're Adam's boots. They're not that big. Maybe to help you out, Adam, you can inform Juliet what your arbitrary categories are in judging. for Weekend Chat.
You bet. So, Juliet, please feel free to use or ignore as you see fit. But I tend to go towards what is the story with the biggest economic impact? And feeding into that, obviously, I mean, I'm preaching to a journalist here, so I feel bad doing it, but topicality and timeliness, right? But then I'd like to throw in a bit of my subjective bias, which in my case is anything with reform in it is typically going to get a thumbs up. And more for Michael than for Sean or me, but melodrama. If you can bring some pizzazz to the story, all the better for it.
Is there only one story this week? I'm in the RBA. Come on. I've already picked the winner.
Oh. Gone early.
How are geopolitical events influencing market trends?
Gone very early. I can see I'm not going to like you very much, Juliet.
I'm breathing a little easier already. Sorry, I didn't know who had that one.
I'm not going to like you very much. Let's just start. Biggest story of the week. Adam, you go first. I think I'm in trouble if you go first. Give me what Juliet just said.
I think, just independently, of course, it has to be interest rates. The Reserve Bank...
Sly dog.
Of course. Of course.
What significant corporate scandals are being discussed?
I was always going to go with that for my story, Sean. Always. The Reserve Bank, as we know, lifted official rate for the third time this year to 4.35%. And that adds about $90 a month to the cost of a $600 mortgage. That's bad enough. But then the bank and its governor, Michelle Bullock, made it very clear that there could be another rate hike on the way. So the pain may not be over. And this is because inflation is not yet under control and they predict it won't be sometime until late next year that it could be. So obviously, high energy prices have pushed up costs, particularly in recent times. But even before the Middle East conflict, inflation was on the rise. Nowadays, members of the Reserve Bank Monetary Policy Board vote on the decision and we get to know that vote.
And eight voted for inflation. and only one against this one. Last time round in March, it was 5-4 and four against. So the bank has actually become even more emphatic in between meetings.
How is the Australian gas reservation policy affecting the market?
And obviously for me, Juliet, this is the biggest story of the week.
And maybe for Juliet too, judging from what we've heard so far. I haven't had my go yet, Juliet.
You haven't had your go. I'm not judging. I'm just going to say, you know, I've got skin in the game here because I was at the press conference. But you give it your best, Sean.
Yes.
What surprises me, right? One thing I have thought about this, everyone's saying it's going to be a line ball decision and it came in an 8-1, whereas the previous one was 5-4. I actually think I'm surprised that one voted against it because the four people who voted against it in March were proven so wrong, like they needed a rate rise in March, that surely you're walking a little sheepish going, I was only joking back then. We're going to go for one this time around. So I'm surprised one, anyway. Juliet, was the press conference fun?
It was.
What are the latest developments in electric vehicle sales in Australia?
It was fun. I think I was telling you earlier in the week, I asked a little bit of a cheeky question because I did ask, you know, she always says no forward guidance given, they say.
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Chapters
8 chapters
1
What is the focus of this week's business debate?
0:06–0:49
2
What criteria are used to judge the biggest story of the week?
0:49–0:51
3
What impact did the Reserve Bank's interest rate hike have?
0:51–1:51
4
How are geopolitical events influencing market trends?
1:51–2:21
5
What significant corporate scandals are being discussed?
2:21–3:21
6
How is the Australian gas reservation policy affecting the market?
3:21–4:13
7
What are the latest developments in electric vehicle sales in Australia?
4:13–5:18
8
What tribute is paid to Ted Turner in this episode?
5:18–27:41
Speakers
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