This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.

1. ASX hits record

2. Bumper crop of results

3. PM evacuated after bomb threat

4. Deloitte warns on ChatGPT

5. Louvre director resigns after robbery

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Investors ramp up their selling of tech stocks as the implications of AI filter through the market.

Wednesday 25 February 2026

• Federal Treasury says scaling back the capital gains tax concession for property investors will help first-home buyers
• The federal government releases the business case for a $92 billion high speed rail link between Sydney and Newcastle
• The owner of Westfield shopping centres wants to build 16,000 apartments at six of its malls
• Donald Trump's tariffs kick in, at ten per cent, not 15 per cent

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And don’t miss the latest episode of How Do They Afford That? - this week, starting from scratch with money. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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Australia has a productivity problem, and AI is often pitched as the solution. But while companies are running pilots everywhere, very few are actually getting AI into enterprise production.

Sean Aylmer speaks with Frank Fillmann, Executive Vice President and general manager of Salesforce ANZ, about why 95% of AI pilots fail, why the “last mile” is so hard, and how businesses can move from slick demos to real P&L impact.
Frank will be appearing today at Agentforce World Tour Sydney.

Fear & Greed is proud to partner with Salesforce for this event at the ICC. Over the next couple of weeks, we'll bring you a series of interviews exploring how agentic AI is transforming Aussie businesses. Visit https://www.salesforce.com/au/news/ for more information.

Find out more: https://fearandgreed.com.au/

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