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Aussie economy slows to a crawl; CBA pushes beyond $300b; Virgin IPO for ASX

Aussie economy slows to a crawl; CBA pushes beyond $300b; Virgin IPO for ASX

FEAR & GREED | Business News
17 min
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<p><strong>Thursday 5 June 2025</strong></p> <p><strong>Economic growth slows to a crawl putting pressure on the Reserve Bank to cut interest rates.&nbsp;</strong></p> <p>And more, including:</p> <ul> <li>The value of Australia’s biggest company, the Commonwealth Bank, pushes beyond $300 billion for the first time.&nbsp;</li> <li>Virgin Australia set to list on the ASX.&nbsp;</li> <li>Meta goes nuclear, as big tech searches for green energy sources.</li> <li>Elon Musk hammers Donald Trump’s tax cuts.</li> </ul> <p><a href="https://www.eventbrite.com.au/e/fear-and-greed-live-tickets-1363722513749?aff=oddtdtcreator" rel="nofollow"><strong>Book your free ticket</strong></a><strong> to Fear &amp; Greed’s first ever live show in Sydney on June 5, combined with the launch of Michael’s new novel </strong><strong><em>All The Perfect Days</em></strong><strong>.</strong></p> <p>Join our <a href="https://fearandgreed.com.au/newsletter-signup" rel="nofollow">free daily newsletter here</a><strong>.</strong></p> <p>And don’t miss the latest episode of <a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/" rel="nofollow">How Do They Afford That?</a> - how to decide between competing life and financial goals. Get the episode from<a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"> APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"> SPOTIFY</a>, or anywhere you listen to podcasts.</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>