This is the Fear and 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 finishes higher

2. Eagers boosted by EV sales

3. Nine demands Katter apology

4. Iran ambassador leaves

5. Nvidia smashes expectations

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Thursday 28 August 2025

A shock jump in inflation dashes hopes of a September rate cut.

And more, including:

• Woolworths hammered by investors after it loses more ground to Coles.
• Business leaders line up to criticise work from home, just as the Greens call for a national law.
• Plus the housing market gears up for a “supercharged” spring season and stress grows over AI upskilling.

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And don’t miss the latest episode of How Do They Afford That? - this week, saving on an irregular income. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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With the RBA already trialling stablecoins, all signs point to a major shift ahead for payments. But what are they, how do they work, and what does it mean for ordinary Australian businesses making payments here and around the world?

Michael Thompson is joined by Karl Durrance, Managing Director, Australia and New Zealand at payments platform Stripe, for a 101 on all things stablecoin.

Fear & Greed is proud to partner with Stripe for Stripe Tour Sydney - the Australian leg of a global roadshow bringing together business leaders to discuss the most important local and global trends in payments and financial technology. It's happening on 11 September at ICC Sydney, and is free to register here.

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

See omnystudio.com/listener for privacy information.