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Speaker 1: Welcome to the Fear and Greed Business News Afternoon Report

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Speaker 1: for Tuesday, the twenty second of Vatepril twenty twenty five.

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Speaker 1: I'm Sean Almer. Every afternoon, We've got the five stories

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Speaker 1: that happened today that you need to know about. Story

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Speaker 1: I'm one, there's some PAX two hundred closed flat. It

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Speaker 1: fell at the opening following the lead in from Wall

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Speaker 1: Street overnight, but then climbed back to where it started.

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Speaker 1: Common Off Bank was the standout on the day. The

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Speaker 1: biggest stock on the AX closed up nearly four percent,

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Speaker 1: which saved the index from dropping. The tech and energy

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Speaker 1: indices were among the worst performers in terms of big stocks.

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Speaker 1: Wistech Global, Goodman Group, Aristocrat, Leisure, and Woodside were among

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Speaker 1: the worst performers. Uranium Minor, Paladin and Energy was actually

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Speaker 1: the worst performer of the top two hundred, at least

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Speaker 1: down twelve percent by now pay Later group zip Code

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Speaker 1: was off nine percent. Best on the day with the

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Speaker 1: gold producers on the back of a higher price of

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Speaker 1: the precious metal. Story number two. Political campaigning took a

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Speaker 1: hiatus for most of today following the death of Pope

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Speaker 1: r Ansis. Ahead of tonight's debate. Opposition leader Peter Dutton

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Speaker 1: attended Mass at Saint Mary's Cathedral in Sydney to pay

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Speaker 1: his respects. Prime Minister Anthony Albanesi, a Catholic, attended Mass

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Speaker 1: at Saint Patrick's Cathedral in Melbourne. He said that Governor

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Speaker 1: General Sam Moston is currently traveling to Turkey for Anzac

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Speaker 1: Day and it's appropriate for her to attend the funeral

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Speaker 1: of the Pope. Pre polling opened today. Meanwhile, the latest

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Speaker 1: news poll in The Australian shows that women voters have

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Speaker 1: deserted the coalition, with Labour making gains in every mainland state.

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Speaker 1: Story number three. Unions will challenge the Workplace Umpire's landmark

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Speaker 1: gender pay decision over concerns it perversely cuts social workers

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Speaker 1: pay by hundreds of dollars a week. The Australian Services

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Speaker 1: Union warned that last week's Fair Work commissioned decision to

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Speaker 1: address the gender undervaluation of tens of thousands of community

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Speaker 1: and disability support workers would inadvertently send their members as

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Speaker 1: members of the Australian Services Union, their members pay backwards

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Speaker 1: by up to twenty percent. The concern arises from the

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Speaker 1: Commission's proposed new award classification structure, which the union claims

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Speaker 1: fails to recognize specific workers experience or skills, and would

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Speaker 1: result in pay cuts of up to three hundred and

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Speaker 1: fifteen dollars a week, according to report in the fin Review.

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Speaker 1: The commission's rulings, which also proposed pay rises of up

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Speaker 1: to thirty two percent for child care workers and health professionals,

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Speaker 1: was in response to the Albanesi government's new gender equity

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Speaker 1: objective for the Fair Work Act. Story number four plenty

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Speaker 1: of corporate news around Bellevue Gold fell another six percent today,

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Speaker 1: even though it said it had closed out hedge contracts

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Speaker 1: that were agreed at prices well beyond the current price

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Speaker 1: of gold. Now the group got caught out locking in

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Speaker 1: prices just as Gold sword Bellevue share prices down thirty

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Speaker 1: percent in the last month. Mcquarie is selling out of

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Speaker 1: its North American and European public asset management business and

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Speaker 1: business that oversees two hundred and eighty five billion dollars

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Speaker 1: in assets Uranium minor Deep Yellow for eight percent after

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Speaker 1: delaying work on its flatship Namibian Mine, owing two low

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Speaker 1: uranium prices. Self Wealth is set to delist from next

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Speaker 1: month after shareholders agreed to a sixty five million dollar

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Speaker 1: take over bid a Luka Resources and ASX listed Rare

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Speaker 1: Rexs have applied to acquire and develop a rare earth

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Speaker 1: project in Kenya and yen cole fell after warning of

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Speaker 1: the uncertain outlook for coal miners owing to global trade

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Speaker 1: tensions and finally, story number five, Russian President Vladimir Putin

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Speaker 1: has proposed bilateral talks with Ukraine for the first time

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Speaker 1: since the early days of the war, and his Ukrainian counterpart,

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Speaker 1: Vladimir Zelenski, said Kiev is eager to discuss a halt

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Speaker 1: to attacks on civilian targets. While Zelenski didn't respond directly

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Speaker 1: to Putin's proposal, he emphasized in his nightly video address

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Speaker 1: that Ukraine was ready for any conversation about a ceasefire

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Speaker 1: that would stop strikes on civilians. According to Reuter's, the

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Speaker 1: two leaders face pressure from the United States, which has

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Speaker 1: threatened to walk away from its peace efforts unless some

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Speaker 1: progress is achieved. Russia and Ukraine have said that they

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Speaker 1: are open to further ceasefires. After a thirty hour easter

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Speaker 1: truce declared by Moscow over the weekend, each side accused

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Speaker 1: the other of violating it. That's it for the afternoon

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Speaker 1: report for Tuesday, the twenty second of April twenty twenty five.

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Speaker 1: Make sure you hit follow on the podcast. We will

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Speaker 1: be back tomorrow morning with the Wednesday edition of the

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Speaker 1: past five business news by Fear and Greed. I'm Sean Elma.

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Speaker 1: Enjoy your evening.