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 [https://fearandgreed.com.au/newsletter-signup]! And don’t miss the latest episode of How Do They Afford That? [https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/] - manifesting money explained. Get the episode from APPLE [https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235], SPOTIFY [https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14], or anywhere you listen to podcasts. Find out more: https://fearandgreed.com.au [https://fearandgreed.com.au] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.