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.auSee omnystudio.com/listener for privacy information.