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Ag production heads to $100b; retail rises but no rate cut; Citi’s trillion dollar mistake

Ag production heads to $100b; retail rises but no rate cut; Citi’s trillion dollar mistake

FEAR & GREED | Business News
18 min
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<p><strong>Wednesday 5 March 2025</strong></p> <p><strong>The value of agricultural production in Australia heads towards $100 billion, but the shadow of tariffs looms large.&nbsp;</strong></p> <p>And more, including:</p> <ul> <li>Retail sales jump as the Reserve Bank warns there’s no certainty about another interest rate cut.&nbsp;</li> <li>And local insurance stocks get hit as cyclone Alfred heads towards south-east Qld and northern NSW.&nbsp;</li> <li>Plus Citigroup’s trillion dollar mistake and Donald Trump cuts military aid to Ukraine.</li> </ul> <p>Join our <a href="https://fearandgreed.com.au/newsletter-signup" rel="nofollow">free weekly newsletter here</a>!</p> <p><strong>And don’t miss the latest episode of </strong><a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/" rel="nofollow"><strong>How Do They Afford That?</strong></a><strong> - manifesting money explained. Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>