<description>&lt;p&gt;&lt;strong&gt;Tuesday 12 May 2026&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;CSL has shocked investors by writing down the value of its assets by $7 billion, one of the largest in Australian corporate history.&lt;/strong&gt;&lt;/p&gt; &lt;ul&gt; &lt;li aria-level="1"&gt;PM defends CGT changes&lt;/li&gt; &lt;li aria-level="1"&gt;oOh!Media in bidding war&lt;/li&gt; &lt;li aria-level="1"&gt;Super El Nino on the way&lt;/li&gt; &lt;li aria-level="1"&gt;Beer drinking is back&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;em&gt;Hit follow on the podcast so you don&amp;rsquo;t miss the latest news&lt;/em&gt;&lt;/p&gt; &lt;p&gt;Join our free &lt;a href="https://fearandgreed.com.au/newsletter-signup"&gt;daily newsletter here&lt;/a&gt;&lt;/p&gt; &lt;p&gt;And don&amp;rsquo;t miss the latest episode of&amp;nbsp;&lt;a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/"&gt;How Do They Afford That?&lt;/a&gt; - how &lt;em&gt;not&lt;/em&gt; to make your finances overly complicated. Get the episode from &lt;a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235"&gt;APPLE&lt;/a&gt;,&lt;a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14"&gt; SPOTIFY&lt;/a&gt;, or anywhere you listen to podcasts.&lt;/p&gt;&lt;p&gt;&lt;a href="https://fearandgreed.com.au/" rel="payment"&gt;Find out more: https://fearandgreed.com.au/&lt;/a&gt;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

FEAR & GREED | Business News

Fear and Greed

CSL $7bn write-down; PM defends CGT changes; Beer is back

MAY 11, 202617 MIN
FEAR & GREED | Business News

CSL $7bn write-down; PM defends CGT changes; Beer is back

MAY 11, 202617 MIN

Description

Tuesday 12 May 2026 CSL has shocked investors by writing down the value of its assets by $7 billion, one of the largest in Australian corporate history. PM defends CGT changes oOh!Media in bidding war Super El Nino on the way Beer drinking is back 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? - how not to make your finances overly complicated. 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.