Afternoon Report | ASX dips for the day but up for the week

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. ASX closes lower

2. Defence faces landmark class action

3. RBA chief warns on housing, payments and quantum threat

4. Former ANZ boss defends trader’s sacking

5. Trump cuts off trade talks with Canada

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