Inflation spikes, rates set to rise; ASX falls for 7th day; Aldi’s profit tumbles

About this episode

The episode discusses rising inflation, interest rates, the ASX's decline, Aldi's profit drop, and the crisis within OPEC.

Thursday 30 April 2026 Interest rates are set to rise next week after inflation jumps to a near three year high.  The ASX drops, matching the longest run of down-days since June 2022 OPEC, which has ruled oil markets for decades, is in crisis after one of its main members leaves Aldi’s profit in Australia tumbles G8 Childcare closes childcare centres as families dump the beleaguered operator Join our free daily newsletter here . And don’t miss the latest episode of How Do They Afford That? - the truth about financial luck. 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.

People in this episode

Host: Fear and Greed

Topics covered

• inflation
• interest rates
• ASX
• Aldi profit
• OPEC crisis
• childcare

Keywords

• inflation
• interest rates
• ASX
• Aldi
• OPEC
• childcare
• G8 Childcare

Mentioned in this episode

Organizations: Aldi, OPEC, G8 Childcare

More episodes of FEAR & GREED | Business News

• The Saturday Edition | 13 June 2026 · June 12, 2026 · 30 min
• Afternoon Report | ASX ends week on high · June 12, 2026 · 4 min
• SpaceX lift-off entices local investors, Aust to buy jet fuel from China, World Cup kick-off · June 11, 2026 · 18 min
• Q+A: Why a Singapore investor is betting on Brisbane’s biotech future · June 11, 2026 · 9 min
• Afternoon Report | ASX dips on Middle East flare-up · June 11, 2026 · 5 min
• Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge · June 10, 2026 · 18 min