Feds spend $3b to ‘finish’ NBN, big bank share prices fall, Myer reports poor Xmas sales

Tuesday 14 January 2025 The federal government announces another $3b for the NBN, saying it will enable most homes and businesses to fully access high speed internet.  And more, including: The share price of the big banks are sold down on the back of interest rate fears.  Sales at Myer disappoint, sending its share price down 15 per cent.  Bidding war breaks out for wealth manager Insignia Financial And humanity’s largest gathering begins in India, where 400 million people are expected to congregate for a Hindu festival Plus don’t miss the latest episode of How Do They Afford That? - dealing with a financial hangover. 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.