Bullock defends rate cuts & hikes; tax bill passes Reps; US icon signs with Chinese brand

Friday 5 June 2026 RBA Governor Michele Bullock defends three rate cuts last year, and three rate hikes this year.  The local share market takes a tumble as a new iron ore region in Africa takes on the Pilbara giants Treasury Wine Estates’ share price surges as it overhauls its strategy The government’s controversial tax legislation passes the House of Reps NBA superstar Steph Curry signs a mega deal with a Chinese athletic brand. We’re running a short survey to hear from you, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher. Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here And don’t miss the latest episode of How Do They Afford That? - should you get an EV on a lease? 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.