
PM backs down on defence sales; On’s big plans for Aussie runners; midterms fallout
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Monday 9 November 2026 Prime Minister Anthony Albanese attempts to regain the political initiative by backing down on the sale of some defence assets, and talking up the government’s battery subsidy scheme. Weekend auction results after the fifth rate hike of the year come in around 50pc The Roger Federer backed On running brand looks to push further into Australia There might be a cost-of-living crisis, but car sales, especially EVs, keep booming The biggest losers from last week’s US mid-terms appear to be AI centres and Elon Musk Hit follow on the podca...
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Today, Prime Minister Anthony Albanese attempts to regain the political initiative by backing
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Welcome to Fear and Greed, business news you can use. Today, Prime Minister Anthony Albanese attempts to regain the political initiative by backing down on the sale of some defence assets and talking up the government's battery subsidy scheme.
Weekend auction results after the fifth rate hike of the year come in around 50% and the Roger Federer backed On Running brand looks to push further into Australia. Plus there might be a cost to living crisis, but car sales, especially EVs, just keep on booming.
And the biggest losers from last week's US midterms appear to be AI centers and Elon Musk. It is Monday, the 9th of November, 2026. I'm Michael Thompson and good morning Sean Aylmer.
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