In this episode of QAV Aus­tralia, Cameron and Tony nav­i­gate a par­tic­u­lar­ly tur­bu­lent peri­od for the ASX, not­ing a buy list that recent­ly shrank to just three stocks amidst a broad­er mar­ket cor­rec­tion. The duo dis­cuss­es the fall­out for soft­ware com­pa­nies like **Reck­on (RKN)** and **Xero (XRO)** as the “AI pen­ny drops,” the impact of the RBA’s unex­pect­ed rate hike, and the dra­mat­ic 24% jump for **Pep­per Mon­ey (PPM)** fol­low­ing a takeover bid from Chal­lenger. The episode fea­tures a deep dive into **Atlas Pearls (ATP)**, exam­in­ing the unique (and labor-inten­­sive) world of Indone­sian pearl farm­ing, before wrap­ping up with a “grit­ty” after-hours seg­ment cov­er­ing every­thing from *Game of Thrones* pre­quels to Baz Luhrmann’s new Elvis doc­u­men­tary.