Chalmers pushes AI; ASX surges to record; ASX mix-up sends telco tumbling

Thursday 7 August 2025 Today, federal Treasurer Jim Chalmers calls on Australians to welcome AI as an enabler, not a disrupter, in the economy.  And more, including: The ASX hits an all time high.  Telco TPG’s share price tumbles after the stock exchange mixes up its name with an American PE group.  An Australian music legend dies Warren Buffet’s Berkshire Hathaway is going backwards as investors fear the retirement of the world’s greatest investor. Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, four tips for starting a side hustle. 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.