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. S&P flat

2. US: no rate cut

3. Management moves

4. Bowen on Middle-East

5. Tanker rates surge

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Thursday 19 June 2025

Treasurer Jim Chalmers hints at major tax reform in the current parliament.

And more, including:

• Prime Minister Anthony Albanese considers heading to Europe next week to meet Donald Trump.
• Optus agrees to a $100m fine for selling customers phones and contracts they did not want or need.
• Airlines stop flying to Bali after a volcanic eruption
• Extraordinary prices being offered to lure AI gurus.

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