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

Wednesday 5 March 2025 The value of agricultural production in Australia heads towards $100 billion, but the shadow of tariffs looms large. And more, including: Retail sales jump as the Reserve Bank warns there’s no certainty about another interest rate cut. And local insurance stocks get hit as cyclone Alfred heads towards south-east Qld and northern NSW. Plus Citigroup’s trillion dollar mistake and Donald Trump cuts military aid to Ukraine. Join our free weekly newsletter here ! And don’t miss the latest episode of How Do They Afford That? - manifesting money explained. 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.