Miners take the lead over banks; house auctions, prices fall; $US9m lunch with Buffett

Monday 18 May 2026 Australia’s miners take over from the banks as the share market leaders.  House auctions tumble, particularly in Sydney, even before higher interest rates and the federal budget take effect An anonymous bidder pays $US9 million to have lunch with Warren Buffett  Illegal tobacco is costing the government billions of dollars, yet there is little law enforcement around it Iran makes another offer to the US to re-open the Strait of Hormuz Hit follow on the podcast so you don’t miss the latest news Join our free daily newsletter here And don’t miss the latest episode of How Do They Afford That? - what happens if you change your savings by just $100 a week. 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.