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Speaker 1: This is the weekend edition of Fear and Greed, daily

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Speaker 1: business news for people who make their own decisions. I'm

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Speaker 1: Adam Lang and good morning, Sean Aylmer.

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Speaker 2: Good morning Adam.

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Speaker 1: Our weekend show a little bit different. It's about the

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Speaker 1: two of us nominating what we think is the biggest

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Speaker 1: story of the week, the most remarkable story, the sleepest

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Speaker 1: story of the week, and our favorite story. Now, Sean,

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Speaker 1: as you know, this is a debate, and sometimes it

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Speaker 1: gets to be a very spirited debate. And we are

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Speaker 1: the contestants, so we need a judge.

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Speaker 2: Now.

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Speaker 1: Usually I'm the judge, and I draw the ire of you,

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Speaker 1: Sean and Michael Thompson. Whenever I judge you the loser

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Speaker 1: in a category, I tend to get some feedback. The

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Speaker 1: winner feels quite satisfaction, while the other one generally gets

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Speaker 1: cross with me. Listeners, I think have missed Michael Thompson

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Speaker 1: for this week, but he's back.

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Speaker 2: Do you reckon they missed him.

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Speaker 3: Early?

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Speaker 1: Michael is back in a new capacity this weekend edition,

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Speaker 1: an unprecedented capacity in hitherto never seen before. At last,

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Speaker 1: Michael Thompson, He's no longer the player, the wannabe champ

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Speaker 1: bagging the system and the judge whenever something goes wrong.

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Speaker 1: He's still off the pitch today, but double butt, like

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Speaker 1: ll Cool Jay said, don't call it a comeback because

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Speaker 1: I've been here for years. Michael Thompson is back as

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Speaker 1: Judge Thompson and Sean and I will juke it out

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Speaker 1: for the championship belt of the weekend edition. Michael stretched up,

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Speaker 1: limbered up, and fresh from a trip to the worlds

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Speaker 1: of the Gold Coast for a national lampoon style family holiday.

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Speaker 1: Loosen those dulcet tones. The game Fear and Greed style

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Speaker 1: is on. Are you ready, Judge Michael?

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Speaker 3: I was ready ninety seconds ago. Adam.

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Speaker 2: I think that's the best work Adam's ever done on

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Speaker 2: this show.

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Speaker 3: I think that was you know what. That reminded me

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Speaker 3: of Shot. That reminded me of Royan HG. Yeah. How

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Speaker 3: whenever they would start and monologue King Waliotto in the

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Speaker 3: soundproof booth, yea, and it was just extraordinary. It was

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Speaker 3: just stream of consciousness and it was just here it

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Speaker 3: comes and I'm not going to take a breath for

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Speaker 3: the next three and a half minutes. That's what we

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Speaker 3: just experienced from Adam. Of course, that's where the fun ends.

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Speaker 3: Because I'm the judge today and I am I'm looking

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Speaker 3: forward to this. I have longed for this for some time.

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Speaker 3: Would you like to know the criteria?

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Speaker 2: Yeah, yeah, totally.

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Speaker 3: Okay.

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Speaker 2: We've worked on the normal criteria.

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Speaker 3: So exactly, and I have used those criteria normally, the

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Speaker 3: judging criteria a topicality, timeliness, economic impact. Familiar with these

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Speaker 3: subjective bias and melodrama, good good criteria today today that

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Speaker 3: the the main kind of criteria is actually vengeance. That's

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Speaker 3: what I'm looking for today. I'm here for a bit

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Speaker 3: of revenge. I'm going to penalize harshly because for way

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Speaker 3: too long I've had to put up with the barbs

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Speaker 3: and the abuse from the two of you. The interruptions

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Speaker 3: and the sledging during my stories from Sean.

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Speaker 2: Is going to be the longest. No, it's hard record

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Speaker 2: because the judge, what a prem judge, will talk and

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Speaker 2: talk and talk.

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Speaker 3: I have been in a business news vacuum for the

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Speaker 3: last week, so I'm hearing these stories for the first time.

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Speaker 3: I have got my pen ready to give you points.

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Speaker 3: I've got another pen ready. It's just the same pen

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Speaker 3: in another hand, ready for your demerit points, which I

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Speaker 3: shall also be issuing. Let's get into the biggest story.

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Speaker 3: Enough of this time wasting, get going.

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Speaker 2: Holy cow, adam, adam, go first, relieve it all right?

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Speaker 1: Thanks. I sent some foreboding and peril here for me

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Speaker 1: this episode, but I'm going to give it a go anyway.

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Speaker 1: There's some melodrama for you, Michael. My choice this week

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Speaker 1: Australia falling behind in rate cuts. When we compare ourselves

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Speaker 1: to the world, Australia is increasingly being left behind on

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Speaker 1: interest rate decisions, with more than a dozen central banks

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Speaker 1: including the US, UK and China cutting rates in recent months.

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Speaker 1: While Australia's cache rate remains at a twelve year high,

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Speaker 1: global peer is a confident they've controlled inflation and our

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Speaker 1: easing policies to support economic growth. This decision will have

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Speaker 1: major ramifications for Australia's competitiveness, consumer spending and our economic

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Speaker 1: stability compared with other territories around the world. The Reserve

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Speaker 1: Bank governor insists that inflation is still too high and

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Speaker 1: the employment market may still be a bit too strong,

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Speaker 1: but we're getting out of synchronization with global trends. For

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Speaker 1: Australian businesses. This relatively high interest rate environment means tougher

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Speaker 1: borrowing conditions and a higher cost of debt, potentially keeping

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Speaker 1: the economic breaks on for too long and holding back growth.

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Speaker 1: As we head into twenty twenty five, the pressure mounts

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Speaker 1: for the RBA to reconsider the approach, especially with consumer

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Speaker 1: sentiment improving in the last couple of months to near neutral.

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Speaker 1: It's been at thirty year lows and is now heading

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Speaker 1: towards neutral. That is actually an improvement. Yet under the

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Speaker 1: strain from high borrowing costs and lower spending by Australians,

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Speaker 1: we're all still trying to navigate the costs of living.

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Speaker 1: So the lag in policy adjustment maybe Australia's Achilles heel,

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Speaker 1: and the repercussions could define the economy for much much longer.

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Speaker 2: Suan First, just a question from the judge if that's okay.

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Speaker 2: So the stories have to have anything to do with

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Speaker 2: what's happened in the last week or not, or they

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Speaker 2: could just be rants about what they think about the

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Speaker 2: worlds at the moment.

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Speaker 3: At the moment, it feels like this is just an

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Speaker 3: editorial on just what Adam's been wanting to say for

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Speaker 3: a long time but hasn't had the platform.

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Speaker 2: To do so.

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Speaker 3: Not that I'm not giving.

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Speaker 2: Don't you're not prejudging. I no, not at all, not

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Speaker 2: at all.

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Speaker 1: Important insights for the world.

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Speaker 3: I think very very very very important insights into Adam's mind. Sean,

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Speaker 3: what have you got for us?

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Speaker 2: So I'm going to talk about something that happened this week. Crazy.

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Speaker 2: I know, crazy.

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Speaker 1: It's not one of the criteria.

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Speaker 3: Please be space, Please be space.

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Speaker 2: If you were a man coming from Mars and you

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Speaker 2: came this week and you saw the Trump trade going on,

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Speaker 2: you would think holy, what would be? You'd think holy Mars,

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Speaker 2: Holy Venus. Holy. I don't know. The Trump trade story

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Speaker 2: is just huge, particularly because so many people can lose money.

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Speaker 2: In fact, they're probably quite unsustainable this week. This week,

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Speaker 2: bitcoin's value jumped to nearly ninety hours and US dollars

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Speaker 2: a unit, fueled by Donald Trump's election win. All these

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Speaker 2: new crypto friendly politicians nearly doubled this year. Michael loves

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Speaker 2: his bitcoin, no interest in bond neilds whatsoever, but he

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Speaker 2: loves his bitcoin and bit keen easyes the story. I

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Speaker 2: know you have no interest in bond yields. However, as

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Speaker 2: you know, Michael bond Neil's forecast future interest rates and

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Speaker 2: they're rising. All this potential spending from Trump means high

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Speaker 2: interest rates for longer. US Fed chairs your own Powell

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Speaker 2: yesterday morning came out and said there's no need to

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Speaker 2: hurry with rate cuts. He's obviously scared this is hitting

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Speaker 2: Australian's National. Australian Bank this week came out and said

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Speaker 2: interest rates probably going to fall till May next year.

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Speaker 2: Comwealth Bank boss Matt Common, he said, yeah, I'll go

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Speaker 2: down in February, probably might be a bit later. So

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Speaker 2: we're talking about long higher interest rates for longer here.

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Speaker 2: That's what we found out this week. The US dollar surging,

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Speaker 2: Ossie dollar sixty four cents. What if you're going to

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Speaker 2: holiday for your holiday in the US. Hey, hey, what

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Speaker 2: if you're filling up your car with petrol, which of

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Speaker 2: course oil is priced in US dollars, higher petrol prices

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Speaker 2: and then you've got this equity surge. Good years not

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Speaker 2: so sure. Last time Trump came into power, there wasn't

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Speaker 2: a Trump trade because no one thought it'd actually get

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Speaker 2: the job. In fact, there's and P five hundred gone

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Speaker 2: backwards the previous twelve months. This time around, it's that

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Speaker 2: more than twenty percent and still surging. Is that sustainable?

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Speaker 2: Not sure? Not sure? Bitcoin, Crypto's bond, Neil's equities, Ousie dollar.

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Speaker 2: These are the things that impact the everyday man and

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Speaker 2: woman or woman with a superfund far and away, not

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Speaker 2: only the bigger story, but the biggest story of this week.

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Speaker 1: Oh stories, I think Sean thinking, Michael, but trust just

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Speaker 1: thinking about you know, all the names of those spacecraft

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Speaker 1: that you love so many, not so much Challenger, but Discovery, Atlantis, Endeavor.

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Speaker 1: I don't think there was one called Omnibus, was there.

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Speaker 1: I wonder if that's one of the criteria.

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Speaker 2: Oh, if you don't understand the Trump trade, Adam, that's

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Speaker 2: not my fault.

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Speaker 3: Fault all right, now to deliver my judgment, and it

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Speaker 3: shall be swift and brutal. Actually, actually it will.

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Speaker 2: Not be sweet. Where to begin?

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Speaker 3: Goodness me? So look, Adam, really really that don't show

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Speaker 3: me your watch, Adam. That's a Sean Aylmer tactic. Tapping

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Speaker 3: his watch and timing me as I'm as I'm talking.

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Speaker 3: You know, that's a demerit point. Demerit point, okay, okay,

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Speaker 3: one for Sean is now holding up his phone to

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Speaker 3: show me his.

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Speaker 2: We're almost a minute into the judging criteria and even

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Speaker 2: got off the market.

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Speaker 3: I have you've both lost a point each. I think

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Speaker 3: I'm going pretty well. Sorry Adam yours. Really, really, that

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Speaker 3: was an editorial, and it was an interesting editorial. I

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Speaker 3: enjoyed this kind of speculation. I enjoy the speculation about

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Speaker 3: when rates are going to cut it come down, And look,

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Speaker 3: Michelle Bullock has made it very very clear on multiple

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Speaker 3: occasions that we are going to run our own race,

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Speaker 3: and this.

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Speaker 2: Week did you make that clear? This week? Sure?

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Speaker 3: Another demerit point, toud you are now down to considering

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Speaker 3: If you had waited just I don't know ten seconds,

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Speaker 3: you would have seen that I was on your side

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Speaker 3: on this, that she has made that point repeatedly in

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Speaker 3: the past. And really, I just don't know whether that

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Speaker 3: was the biggest story of this week, because keeping in mind,

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Speaker 3: I have been in this business news vacuum, so in

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Speaker 3: order to find out what the biggest story of the

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Speaker 3: week is, who really served that purpose best? And I

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Speaker 3: think on this particular occasion.

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Speaker 2: It was Sean or that that hurts you saying that

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Speaker 2: that hurts you saying that no.

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Speaker 3: No, because wait, I haven't added your demerit points in

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Speaker 3: here have I so look, I admire the fact that

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Speaker 3: you managed to combine so much in there to really

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Speaker 3: inform me about what was the bigger story. Trump trade obviously,

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Speaker 3: the Ossie dollar, petrol, bitcoin, bond yields, impact on interest rates,

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Speaker 3: impact on superannuation equities, the whole lot. I really feel educated.

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Speaker 3: You did it using an omnibus story. I do not

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Speaker 3: like omnibus stories because I've been penalized for them in

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Speaker 3: the past, where I combined multiple things into so you

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Speaker 3: lost it. You had a demerit point for that one.

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Speaker 3: You had a demerit point for your disrespect of the judge.

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Speaker 3: You also lost a point for your prejudgment of me,

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Speaker 3: assuming that I wasn't interested in bond yields and I'm

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Speaker 3: only interested in crypto. Yes, I'm aware that I'm now

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Speaker 3: approaching the two minute mark.

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Speaker 2: No, No, I started late. It's two and a half minutes.

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Speaker 2: Add thirty seconds to that, and you just lost another point.

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Speaker 1: This could be the first competition where we actually walk

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Speaker 1: away negative negative.

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Speaker 3: Yeah, we've just gone back sean in theory. You won

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Speaker 3: that story, but you have managed to actually talk your

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Speaker 3: way into a losing position.

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Speaker 2: Moral victory as far as I victory.

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Speaker 1: I don't want that victory.

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Speaker 2: Yeah, that's right. No, that's nice to be nice to Adam.

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Speaker 2: That's good to go on your mind.

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Speaker 1: It is.

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Speaker 3: It is one nil Sean's way on the story count.

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Speaker 3: But just wait till we get to the end, to

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Speaker 3: the points when I've got to just try and tally

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Speaker 3: up this dog's breakfast of a set that I've created

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Speaker 3: for myself.

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Speaker 2: Let's never on.

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Speaker 3: Let's move on.

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Speaker 2: No, no, no, no, sorry, you're the judge. You don't

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Speaker 2: get to run the show today. It's about us moving

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Speaker 2: on the story. I'll do it. Yeah, the Adam is

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Speaker 2: that okay, go yep, go Sean. What's going on in

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Speaker 2: Mali is pretty remarkable. The boss of Resolute Mining, Terry Hollahan,

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Speaker 2: and two others are being held detained by the ruling military.

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Speaker 2: I never know how to say this word, j Juna

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Speaker 2: the ruling military junta over a two hundred and fifty

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Speaker 2: million dollar tax dispute the Marlian government. Basically, they want

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Speaker 2: great control over the mining industry, they said. They have

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Speaker 2: said they want thirty percent of each mine. Late last week,

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Speaker 2: mister Hollahan and the two others were questioned over suspicions

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Speaker 2: of false evidence and misappropriation of public goods. Mister Holland

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Speaker 2: mister Hollahan totally denies the allegations. In fact, when he

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Speaker 2: left Australia to fly to Marley to address these allegations,

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Speaker 2: he said, we know this is coming, we know this

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Speaker 2: is what they're worried about, and it's not fair. We're

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Speaker 2: going to go and do that. Well, actually I don't

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Speaker 2: know that he said that, but that's what the media

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Speaker 2: are reporting. It's now emerged that the Malian government want

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Speaker 2: two hundred and fifty million dollars from the mine. That's

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Speaker 2: according to Bloomberg. Resolute has eighty percent of a big

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Speaker 2: mine in Marley. It also operates in Senegal and Guinea,

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Speaker 2: their neighboring countries in Africa to Mali. Certainly, I hope

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Speaker 2: mister Hollahan and the two executors are okay. That's the

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Speaker 2: most important thing. Resolutes share price is down forty percent,

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Speaker 2: but wow, it doesn't it demonstrate just how scared it

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Speaker 2: is to be operating in some of these regions. It

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Speaker 2: is incredibly risky business. Two hundred and fifty million dollars.

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Speaker 2: It's not a ransom, so we can't say that, but

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Speaker 2: I do want two hundred and fifty million dollars. It

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Speaker 2: sounds like the company is talking about paying half now,

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Speaker 2: half later. But just a truly remarkable story. I can't

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Speaker 2: read Michael's face because it's actually very serious story, because

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Speaker 2: you know, people's lass are scared, so we have to

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Speaker 2: be fairly sensible about this one.

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Speaker 3: I'm just listening because I find this story incredible. It's

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Speaker 3: just it really does have everything that story, So now

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Speaker 3: I am complete without kind of pre judging. Again, I

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Speaker 3: have a tendency to go off early, don't I. Adam,

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Speaker 3: would you like to nominate your story here?

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Speaker 1: You're hosting again.

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Speaker 3: I know, I know I did it. I did it

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Speaker 3: very sneakily just then, didn't I.

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Speaker 1: Yes, I'm making your stor and you know, sometimes we

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Speaker 1: kind of have to draw the exceptional issues from around

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Speaker 1: the world to remember how fortunate we are to have

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Speaker 1: rule of law and capitalism and a democracy.

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Speaker 2: Don't get our nice guy thing, Adam get excellent. Short

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Speaker 2: story is excellent. I'll stop have a crack.

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Speaker 1: But I am going to do a blatant play for

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Speaker 1: the judge's favorite topics. Michael, do you like air travel?

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Speaker 3: Adam I do, I do.

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Speaker 1: Please gocelent rising domestic airfares Michael, that's what's going on

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Speaker 1: post collapse this week.

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Speaker 3: Sorry Adam, just pause for one one quick moment. Just

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Speaker 3: got a one demerit point for Sean for yawning disrespect

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Speaker 3: to his fellow competitor. Please, I'm sorry Adam for that interruption.

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Speaker 3: Please go on with story about airlines.

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Speaker 1: Yes, taking a very speaker of the house approach. Very good.

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Speaker 3: It's justice, that's what this is.

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Speaker 1: Yes, domestic airfares, Michael. They've soared so following Rex's exit

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Speaker 1: from key metropolitan roots and indeed their economic challenges. We've

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Speaker 1: seen a highlighting of Australia's airline competition crisis, with Quantas, Slash,

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Speaker 1: Jetstar and now Virgin controlling ninety eight percent of the market.

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Speaker 1: An a Triple C report this week shows that since

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Speaker 1: the end of July, prices on big city routes are

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Speaker 1: up thirteen point three percent last quarter, even though fuel

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Speaker 1: costs are forty percent lower than a year ago. So

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Speaker 1: some prices on these routes have jumped by up to

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Speaker 1: ninety five percent and this sheds a very consumer friendly

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Speaker 1: light on maintaining competitive pressures in what we think is

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Speaker 1: an essential industry. So for many Australians, especially those in

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Speaker 1: regional areas, the lack of competition limits travel options and

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Speaker 1: burdens budgets. The federal government's eighteen million dollar bailout for

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Speaker 1: Rex is only a temporary fix that'll keep them flying

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Speaker 1: regional routes until June next year, after a next federal election.

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Speaker 1: This and Virgin Fair height points to the large issue

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Speaker 1: of limited market competition and that effects not just pricing,

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Speaker 1: but service quality and availability across the board. In another

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Speaker 1: element of the remarkable quantisan, Virgin responded by pointing the

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Speaker 1: fair issues at the monitoring period and not their pricing.

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Speaker 1: They say seasonal event demand for Coldplay tickets and travel

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Speaker 1: and football finals are to blame. And they kind of

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Speaker 1: wish that the ahpill C just picked a different period

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Speaker 1: that they'd monitored, because in other times, I say, oh,

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Speaker 1: that's not really how much it's changed.

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Speaker 2: You're becoming very Michael s Adam, You really are. You're

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Speaker 2: going on and.

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Speaker 1: On, and I'm learning from one of the great Sean

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Speaker 1: So the high cost of domestic flights could have ripple

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Speaker 1: effects on local tourism and business. And the story's even

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Speaker 1: more remarkable because it underscores the consequences of oligopolistic market

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Speaker 1: conditions in essential services. Consumers get hit with a lack

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Speaker 1: of choice and higher prices.

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Speaker 3: The word oh the big oh, Adam, I've run out

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Speaker 3: of ink. I'm giving you that many extra points.

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Speaker 4: Don't know how to spell the word another whack, so

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Speaker 4: you have finished? What was that point of the story?

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Speaker 1: The A Triple sees great work this week on truly

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Speaker 1: the name is on the tin Australian Competition and Consumer

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Speaker 1: Commission right, looking after competition and consumers who desperately need

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Speaker 1: good competitive air travel.

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Speaker 3: This is look, you know what on paper, if there

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Speaker 3: was any other judge, this should not actually be a competition.

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Speaker 3: This this category right. But for me, this is this

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Speaker 3: is really really tough because Sean's story is truly remarkable worthy,

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Speaker 3: yeah it is, and because of the remarkable yeah it is.

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Speaker 3: It is truly remarkable, because of the amount of money

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Speaker 3: that we are talking about here. That the whole element

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Speaker 3: of sovereign risk. Adam, Though you were clearly listening when

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Speaker 3: I said that the one of the most important criteria

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Speaker 3: today is subjective bias. I wanted to hear space stories.

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Speaker 3: I wanted to hear aircraft and airline stories. And really

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Speaker 3: you flattered me very nicely during that story. You complimented me.

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Speaker 3: I don't remember how, but but I've written it down.

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Speaker 3: All I wrote down was flattery and underlined at three times,

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Speaker 3: and purely on the strength of that flattery and those

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Speaker 3: three underlines and the fact that Sean lost three demerit

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Speaker 3: points during that story, you, Adam, have one most remarkable story.

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Speaker 3: It is one all I am wow staggered by this decision. Okay, look,

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Speaker 3: you now know what I'm looking for. Let's take a

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Speaker 3: quick break and.

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Speaker 2: Come no, no, no, no no, Let's take a quick

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Speaker 2: break and we'll come back with the Sleepers story of

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Speaker 2: the week.

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Speaker 1: All right, welcome back to the Fear and Greed weekend edition.

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Speaker 1: Very unorthodox this week. What a spirited competition it is, Sean.

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Speaker 1: We're now going to do the Sleepest Story of the

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Speaker 1: Week nominations. Why don't you go first?

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Speaker 2: The drums are beating on the superannuation industry, a four

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Speaker 2: trillion dollar honeypot that pretty much has grown without too

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Speaker 2: much government intervention since nineteen eighty seven. Super is good,

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Speaker 2: everyone agrees with that. But this week the soft, dark

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Speaker 2: underbelly emerged. The Australian Securities and Investment Commission launched action

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Speaker 2: against one of the biggest superfund SeaBus, alleging that the

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Speaker 2: ninety billion dollar plus fund failed to adequately service grieving

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Speaker 2: families and disabled people. The allegation is that the fund

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Speaker 2: delayed paying up to twenty million dollars twenty million dollars

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Speaker 2: in death and disability pays. Now a few things in

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Speaker 2: this It is outrageous if it is proven correct. It

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Speaker 2: hasn't been to court yet. Let's say it is proven correct.

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Speaker 2: There are fines. We're talking kind of forty fifty million

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Speaker 2: dollars here. Who's going to pay that? The members? The CEO,

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Speaker 2: Christian Fock, apologized he wouldn't say where the money for

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Speaker 2: the fines would come. He also defended payments sea buses

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Speaker 2: made to CFME EU the union. He said they are

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Speaker 2: of incredible value that people are wondering whether that's the case.

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Speaker 2: Is this benefit payment delaying just a sea bus thing.

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Speaker 2: That's what we're all wondering at the moment. I guarantee

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Speaker 2: you every big superfund at the moment, every one of

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Speaker 2: them working very hard to see whether or not they've

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Speaker 2: made their correct payments. We've had the Banking Royal Commission.

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Speaker 2: We've had the supermarket scandal, We've had airline blow ups.

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Speaker 2: I reckon, superfunds are the next one in line to

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Speaker 2: feel the absolute blow torch of scrutiny, blow torch or

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Speaker 2: scrutiny on their benefits to members, how they perform. I reckon,

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Speaker 2: this is going to be a mega story going forward.

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Speaker 2: My sleeper story of the week.

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Speaker 3: Sean, can I ask you one quick question before now

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Speaker 3: go on to Adam. Would would you say that, in

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Speaker 3: keeping with the definition of a sleeper story, which is

389
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Speaker 3: one that not, that the fuse has been lit on

390
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Speaker 3: this story? Yes, during the week, would you say that

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Speaker 3: the fuse has been lit.

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Speaker 2: This week, the fuse has been lit, The blow torch

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Speaker 2: has been lit.

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Speaker 3: Oh golly, everything is being lit. This is amazing.

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Speaker 2: I am just okay, Adam, over to you.

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Speaker 1: Okay, one of my favorite topics, and the fuse has

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Speaker 1: been lit at last.

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Speaker 4: On productivity, Oh, Michael's shoulders slump.

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Speaker 3: I'll tell you what. The moment you started with the

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Speaker 3: fuse that's been lit, these goosebumps started to prickle, and

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Speaker 3: then you brought in the big wet blanket of productivity. Anyway, Look, it's.

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Speaker 1: Good luck all right, Judge Thompson, fair handsome as you

403
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Speaker 1: are see if you can apply good judgment to this one.

404
00:23:33,520 --> 00:23:37,760
Speaker 1: Slowing wage growth and its implications for rate cuts, the

405
00:23:37,840 --> 00:23:40,800
Speaker 1: fuse has been lit. Wage growth in Australia slowed. Public

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Speaker 1: sector wages have been out pacing private sector wages for

407
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Speaker 1: the first time in four years. So this development, seemingly

408
00:23:48,760 --> 00:23:51,760
Speaker 1: quiet and maybe a little envy inspiring from US private

409
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Speaker 1: sector workers, is a sleeper story with very big implications.

410
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Speaker 1: Lower wage growth helps to relieve inflation pressure, making the

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Speaker 1: cars for interest rate cuts stronger as early as next

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Speaker 1: year now. No doubt, lower wage growth is also a

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Speaker 1: symptom of our endemic productivity challenge. We need to be

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Speaker 1: investing in our capacity to be producing more from people,

415
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Speaker 1: processes and technology. The Reserve Bank is likely keeping a

416
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Speaker 1: close eye on these trends. As wage pressures we're a

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Speaker 1: major factor in previous rate heights. With both public and

418
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Speaker 1: private sectors cooling, the economic environment is set to now shift.

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Speaker 1: The story is essential for business, consumers and policy makers

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Speaker 1: as it could signal a change in Australia's interest rate outlook,

421
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Speaker 1: with potential rate relief easing household presses and business costs.

422
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Speaker 1: There is hope in those wage stories, the laid hope

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Speaker 1: for the prospect of easing the cost of borrowing for us.

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Speaker 3: All.

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Speaker 1: That's it, Michael, Judge, a moment of your time.

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Speaker 3: Yes, yes, of course, Sean.

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Speaker 2: Please just between you and I. Right, my fellow competitor

428
00:24:59,200 --> 00:25:03,320
Speaker 2: has managed to do two economic stories, the first one

429
00:25:03,320 --> 00:25:07,399
Speaker 2: and the third one without mentioning the labor force unemployment

430
00:25:07,440 --> 00:25:11,560
Speaker 2: rate statistics this week. Now there's a skill in that

431
00:25:12,080 --> 00:25:16,080
Speaker 2: to actually do economic stories without mentioning the biggest economic

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Speaker 2: story of the week. As you know, Judge, I don't

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Speaker 2: do economics and not for the rest of the year.

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Speaker 2: So I just I just want to help him out

435
00:25:22,920 --> 00:25:25,600
Speaker 2: by letting you know unemployment figures came out four point

436
00:25:25,640 --> 00:25:29,800
Speaker 2: one percent lower numbers than the previous six months, so

437
00:25:29,840 --> 00:25:33,040
Speaker 2: that kind of adds to the story that Adam brought up.

438
00:25:33,280 --> 00:25:35,480
Speaker 1: Just say you only cooperative approach, Sean. Thank you.

439
00:25:35,520 --> 00:25:37,000
Speaker 2: Oh you were listening. I didn't realize.

440
00:25:37,640 --> 00:25:40,600
Speaker 3: You know what, Sean, You've just earned back that point

441
00:25:40,640 --> 00:25:42,240
Speaker 3: that you lost earlier in respect.

442
00:25:43,960 --> 00:25:44,400
Speaker 2: Damn it.

443
00:25:45,280 --> 00:25:49,000
Speaker 3: And look, Adam, I'm noticing a tendency to editorialize really,

444
00:25:50,080 --> 00:25:54,200
Speaker 3: which it feels hypocritical of me to point this out

445
00:25:54,680 --> 00:25:58,639
Speaker 3: because I have been known just to waffle once it

446
00:25:58,680 --> 00:26:02,439
Speaker 3: happened last year at some point happen again, No but

447
00:26:02,440 --> 00:26:06,879
Speaker 3: but but thriple butt. On this occasion, it did feel

448
00:26:06,920 --> 00:26:12,719
Speaker 3: like this was it was a journey through wages and

449
00:26:12,800 --> 00:26:18,720
Speaker 3: productivity via the mind of Adam Lange. And I just

450
00:26:18,760 --> 00:26:21,879
Speaker 3: don't I just don't think it has what it takes

451
00:26:22,440 --> 00:26:28,160
Speaker 3: to beat Sean's. Look what I'm I'm I'm conservatively calling

452
00:26:28,160 --> 00:26:35,320
Speaker 3: a superstory because because it is, I think it is

453
00:26:35,440 --> 00:26:39,040
Speaker 3: an extraordinary story. What is going on with SeaBus at

454
00:26:39,040 --> 00:26:42,000
Speaker 3: the moment. The sector, as you pointed out, Sean, is

455
00:26:42,160 --> 00:26:46,920
Speaker 3: just it is just so significant, It is so enormous,

456
00:26:47,400 --> 00:26:52,879
Speaker 3: and what was the words used, soft dark underbelly of

457
00:26:53,280 --> 00:26:56,560
Speaker 3: the the big super funds is starting to be to

458
00:26:56,600 --> 00:26:59,600
Speaker 3: be exposed. And I think I think that this could

459
00:26:59,600 --> 00:27:01,399
Speaker 3: be the week in which the fuse was lit. So

460
00:27:03,040 --> 00:27:07,280
Speaker 3: it's you, Sean. It is two one.

461
00:27:07,760 --> 00:27:12,480
Speaker 2: Now I'm trying so hard to be nice to shut

462
00:27:12,560 --> 00:27:14,560
Speaker 2: up about it because I don't want to lose any

463
00:27:14,560 --> 00:27:18,920
Speaker 2: more points. Good well, thank you, Michael, and excellent effort, Adam.

464
00:27:19,520 --> 00:27:22,520
Speaker 3: Look, you've both done a great job in that category.

465
00:27:23,200 --> 00:27:25,040
Speaker 3: One of you did a better job than the other.

466
00:27:26,520 --> 00:27:28,080
Speaker 2: And someone forgot the unemployment rate.

467
00:27:29,520 --> 00:27:35,200
Speaker 3: That was actually the same person. Yes, but who knows

468
00:27:35,200 --> 00:27:38,160
Speaker 3: what's coming up in the favorite story category. It could

469
00:27:38,200 --> 00:27:42,920
Speaker 3: be all about unemployment. It could good, point Adam, it

470
00:27:43,080 --> 00:27:44,040
Speaker 3: better bloody not.

471
00:27:47,040 --> 00:27:52,520
Speaker 2: So Adam's favorite story. What's going to be productivity done that,

472
00:27:52,880 --> 00:27:56,719
Speaker 2: he's already done it that this show reform could be No,

473
00:27:56,760 --> 00:28:01,240
Speaker 2: he's done that, baby tax I don't know, go Adam

474
00:28:01,240 --> 00:28:03,439
Speaker 2: could but here you go. Let's see.

475
00:28:03,680 --> 00:28:07,439
Speaker 1: Well in a way, Sean, it's all of those things.

476
00:28:07,760 --> 00:28:09,040
Speaker 2: Oh oh, dear lord.

477
00:28:08,920 --> 00:28:13,360
Speaker 1: Federal government. I'm sorry.

478
00:28:13,600 --> 00:28:16,800
Speaker 2: I don't want the judge to prejudge, but you're in trouble.

479
00:28:16,880 --> 00:28:18,360
Speaker 1: Judge, give yourself a demerit.

480
00:28:19,040 --> 00:28:21,800
Speaker 3: I wasn't aware that I said it out loud, and

481
00:28:21,880 --> 00:28:25,400
Speaker 3: I apologize. Please do not consider that a sign of judgment.

482
00:28:26,960 --> 00:28:31,399
Speaker 1: Federal government back social media access for over sixteen's only

483
00:28:32,280 --> 00:28:34,600
Speaker 1: Oh oh, this is good.

484
00:28:35,080 --> 00:28:36,760
Speaker 3: This is better than I expected.

485
00:28:37,440 --> 00:28:41,200
Speaker 1: It's got everything. The Australian Government's proposal to restrict social

486
00:28:41,240 --> 00:28:45,480
Speaker 1: media access to individuals sixteen and older has captured public

487
00:28:45,560 --> 00:28:50,160
Speaker 1: interest internationally and especially in Australia, and especially among parents

488
00:28:50,240 --> 00:28:54,680
Speaker 1: and commercial competitors to big social media So this proposed

489
00:28:54,760 --> 00:28:57,440
Speaker 1: change in policy aims to protect younger users from the

490
00:28:57,520 --> 00:29:00,800
Speaker 1: mental health impacts of social media, an issue that is

491
00:29:00,920 --> 00:29:05,480
Speaker 1: gaining bipartisan support, and this favorite story for me resonates

492
00:29:05,560 --> 00:29:09,160
Speaker 1: with a popular direction for governments to safeguard younger generations

493
00:29:09,440 --> 00:29:13,400
Speaker 1: while balancing technology freedoms. Now, if an actor, this policy

494
00:29:13,440 --> 00:29:16,360
Speaker 1: would make Australia one of the strictest regulators of youth

495
00:29:16,440 --> 00:29:19,960
Speaker 1: social media across the world. The story is a standout

496
00:29:20,000 --> 00:29:23,120
Speaker 1: because it addresses obviously what is a significant social issue,

497
00:29:23,520 --> 00:29:26,360
Speaker 1: aiming to protect the well being of Australia's young in

498
00:29:26,440 --> 00:29:30,000
Speaker 1: a digital age that's often overwhelming for them. Similar to

499
00:29:30,040 --> 00:29:33,600
Speaker 1: the age restrictions on traditional content like age trainings and

500
00:29:33,760 --> 00:29:37,880
Speaker 1: restriction access to films television, this brings those newer digital

501
00:29:37,960 --> 00:29:40,560
Speaker 1: formats closer in line. Now, if this plays out right,

502
00:29:41,080 --> 00:29:45,240
Speaker 1: it could lead to identification requirements for content, dissuade trolling,

503
00:29:45,720 --> 00:29:48,680
Speaker 1: and a much more consistent set of regulation for all

504
00:29:48,920 --> 00:29:52,920
Speaker 1: media content in Australia and all media operators. And that's

505
00:29:52,920 --> 00:29:54,600
Speaker 1: why it's my favorite story for the week.

506
00:29:55,560 --> 00:29:59,520
Speaker 2: Well played, well played, Adam. You and I have kind

507
00:29:59,520 --> 00:30:02,000
Speaker 2: of got key that are at that age or beyond it.

508
00:30:02,520 --> 00:30:05,920
Speaker 2: Michael his kids are coming into those years. Well played.

509
00:30:07,880 --> 00:30:11,240
Speaker 3: Honestly, Adam, you really you set like that was like

510
00:30:11,360 --> 00:30:14,960
Speaker 3: reverse melodrama because you set up that You set.

511
00:30:14,840 --> 00:30:17,760
Speaker 1: Up that story very much unintended.

512
00:30:18,280 --> 00:30:20,960
Speaker 3: I was ready to walk out of the studio at

513
00:30:21,000 --> 00:30:25,000
Speaker 3: your intro like this combines productivity and all of these things.

514
00:30:25,320 --> 00:30:30,680
Speaker 3: Oh boy, here we go. And then then you just delivered.

515
00:30:31,160 --> 00:30:34,280
Speaker 3: Well done, Thank you, Sean.

516
00:30:35,320 --> 00:30:35,960
Speaker 1: What have you got?

517
00:30:36,280 --> 00:30:42,400
Speaker 2: There is nothing more melodramatic than the one and only

518
00:30:43,240 --> 00:30:47,320
Speaker 2: Donald J. Trump. I didn't want to talk about him

519
00:30:47,360 --> 00:30:51,560
Speaker 2: ever again, but my word, he just keeps giving, doesn't he.

520
00:30:52,600 --> 00:30:55,040
Speaker 2: I mean, all I'm going to do is just go

521
00:30:55,240 --> 00:30:59,440
Speaker 2: through the people he has appointed to different jobs this week.

522
00:31:00,040 --> 00:31:06,400
Speaker 2: What dear, let's start with the well, I mean, you're

523
00:31:06,400 --> 00:31:08,320
Speaker 2: gonna have to actually say these are the more sensible ones.

524
00:31:09,160 --> 00:31:12,600
Speaker 2: So Marco Rubio, he's the guy who's taken an aggressive

525
00:31:12,600 --> 00:31:16,720
Speaker 2: stance against China. Actually twice Beijing have hit him with

526
00:31:16,840 --> 00:31:19,960
Speaker 2: sanctions and banned him. So he's Secretary of State. He'll

527
00:31:20,000 --> 00:31:25,280
Speaker 2: be the guy dealing with him. Mike Watz, who's actually

528
00:31:26,040 --> 00:31:27,880
Speaker 2: said China is the greatest threat to the US than

529
00:31:27,920 --> 00:31:31,760
Speaker 2: any other nation. He'll be the National Security Advisor excellent.

530
00:31:32,320 --> 00:31:34,560
Speaker 2: You can see how relations between China and the US

531
00:31:34,600 --> 00:31:39,840
Speaker 2: again and the game Tulsi Gabbard from Hawaii. Big fan

532
00:31:39,920 --> 00:31:44,120
Speaker 2: of Tulsi. Absolutely no experience and intelligence, so what's she

533
00:31:44,240 --> 00:31:49,000
Speaker 2: going to do? Director of National Intelligence. Then we had

534
00:31:50,040 --> 00:31:55,800
Speaker 2: Elon Musk and Vivic Ramaswami, both entrepreneurs. Vivec made his

535
00:31:55,880 --> 00:31:59,280
Speaker 2: money in a pharmaceutical company. Elon Musk is Elon Musk

536
00:31:59,440 --> 00:32:04,120
Speaker 2: SpaceX SpaceX SpaceX SpaceX SpaceX SpaceX.

537
00:32:05,120 --> 00:32:07,400
Speaker 3: Space. I finally picked up on what you were saying.

538
00:32:08,720 --> 00:32:13,680
Speaker 3: I'm like, is Sean Okay having some kind of a

539
00:32:13,800 --> 00:32:16,160
Speaker 3: medical episode here? But no, I just realized it was

540
00:32:16,200 --> 00:32:18,440
Speaker 3: a play for extra points and you got them.

541
00:32:18,480 --> 00:32:23,280
Speaker 2: Well. Co lead of what's called the Department of Government Efficiency,

542
00:32:23,360 --> 00:32:28,400
Speaker 2: that is Monty python Esk at its finest Doge Doge.

543
00:32:28,440 --> 00:32:33,240
Speaker 2: That's right. They actually talked about the meme, the Doge meme,

544
00:32:33,480 --> 00:32:37,120
Speaker 2: Doge coins Department of Government Efficiency. Elon Musk has previously

545
00:32:37,200 --> 00:32:39,280
Speaker 2: said about two trillion dollars he reckons he can get

546
00:32:39,280 --> 00:32:42,440
Speaker 2: out of government two trillion out of six trillion. I mean,

547
00:32:42,560 --> 00:32:44,440
Speaker 2: you wouldn't want to be on a social benefit, would it.

548
00:32:45,200 --> 00:32:48,320
Speaker 2: So that's Elon Musk and Ve Ramaswami. Then we get

549
00:32:48,760 --> 00:32:53,440
Speaker 2: Matt Gates, Attorney General. That's the top law enforcement jump

550
00:32:55,040 --> 00:32:58,080
Speaker 2: a friend of Donald Trump. He was actually investigated for

551
00:32:58,160 --> 00:33:01,360
Speaker 2: sex trafficking, but not criminally arched. He was also investigated

552
00:33:01,400 --> 00:33:04,840
Speaker 2: for illegal drug use. He has investigated for accepting improper gifts.

553
00:33:05,280 --> 00:33:11,600
Speaker 2: That's the fellow, but my personal favorite, Pete Hegsith, the

554
00:33:11,760 --> 00:33:17,080
Speaker 2: Fox News Weekend co host, the Ron Burgundy of the Cabinet.

555
00:33:18,880 --> 00:33:24,800
Speaker 2: He will be leading the Pentagon. Now, Pete Hegsath is

556
00:33:24,920 --> 00:33:28,720
Speaker 2: mostly known for his attacks on wokeness. This is a

557
00:33:28,840 --> 00:33:31,720
Speaker 2: man who is going to be releading the Pentagon, which

558
00:33:31,760 --> 00:33:34,360
Speaker 2: about three million people. Here, we're talking about armed forces,

559
00:33:34,360 --> 00:33:37,959
Speaker 2: all this sort of stuff, generals, chiefs of staff, all

560
00:33:38,040 --> 00:33:41,920
Speaker 2: that incredibly pivotal period for global conflict at the moment.

561
00:33:43,520 --> 00:33:47,440
Speaker 2: The man who spends his weekends on Fox News and

562
00:33:47,560 --> 00:33:49,840
Speaker 2: has no experience in the area. He was a veteran,

563
00:33:50,080 --> 00:33:53,600
Speaker 2: but no experience in the area. Yep, he is going

564
00:33:53,680 --> 00:33:56,840
Speaker 2: to be the head of the Pentagon. Now, many of

565
00:33:56,880 --> 00:33:58,720
Speaker 2: these have to get through Congress, so we can't say

566
00:33:58,760 --> 00:34:01,480
Speaker 2: they've got the job. Elon muss Vet Ramaswami do not

567
00:34:01,880 --> 00:34:04,440
Speaker 2: need to go through Congress. There's money the others. But

568
00:34:04,760 --> 00:34:07,320
Speaker 2: my god, the fight from not just the Democrats, but

569
00:34:07,440 --> 00:34:11,759
Speaker 2: as the Republicans as well is crazy. I don't mean

570
00:34:11,880 --> 00:34:15,520
Speaker 2: to be mean to Americans, but they've voted for Trump.

571
00:34:16,080 --> 00:34:18,120
Speaker 2: They're going to get what they voted for.

572
00:34:19,400 --> 00:34:26,560
Speaker 3: Michael, Well, this is very tough.

573
00:34:27,920 --> 00:34:28,120
Speaker 4: You know.

574
00:34:28,200 --> 00:34:32,640
Speaker 3: One of my greatest challenges today not talking too much. Yes,

575
00:34:32,760 --> 00:34:37,400
Speaker 3: that's there's a constant challenge. But I've had to listen

576
00:34:39,200 --> 00:34:44,279
Speaker 3: to everything that is said. Usually whenever Sean you're doing

577
00:34:44,320 --> 00:34:47,600
Speaker 3: your story or Adam you're delivering a judgment, that's a

578
00:34:47,640 --> 00:34:52,520
Speaker 3: good bit of scroll time on Instagram, we scroll it

579
00:34:52,560 --> 00:34:55,400
Speaker 3: away as you talk. And I've had to listen to everything,

580
00:34:55,440 --> 00:34:57,480
Speaker 3: and you know what, you know what, I realized this

581
00:34:57,680 --> 00:34:59,560
Speaker 3: is actually a really informative.

582
00:34:59,040 --> 00:35:08,120
Speaker 2: Show as as the regular as the regular participant in

583
00:35:08,200 --> 00:35:10,719
Speaker 2: the show. It disturbs me somewhat that you've only just

584
00:35:10,840 --> 00:35:11,319
Speaker 2: realized that.

585
00:35:11,840 --> 00:35:19,040
Speaker 3: Ah Goodness made this show actually has value. Golly well, well, then,

586
00:35:20,760 --> 00:35:26,759
Speaker 3: Adam the social media band, you know what, I I

587
00:35:28,640 --> 00:35:31,320
Speaker 3: like this story. I like this story and I like

588
00:35:31,400 --> 00:35:34,120
Speaker 3: it because I mean, it feels like it is going

589
00:35:34,200 --> 00:35:37,120
Speaker 3: to be a very difficult thing to enforce. But what

590
00:35:37,280 --> 00:35:42,479
Speaker 3: it does it gives parents an option It makes cool.

591
00:35:42,920 --> 00:35:46,360
Speaker 3: It gives parents something that they can blame so that

592
00:35:46,520 --> 00:35:49,400
Speaker 3: they are not the bad guy in this. That they

593
00:35:49,480 --> 00:35:52,400
Speaker 3: can they can blame a law. They are just enforcing

594
00:35:52,600 --> 00:35:54,759
Speaker 3: a law. And I like that because all of a

595
00:35:54,800 --> 00:35:57,359
Speaker 3: sudden there is a tool there for them to use.

596
00:35:57,440 --> 00:36:02,040
Speaker 3: Because the idea of because and obviously my kids are

597
00:36:02,080 --> 00:36:04,600
Speaker 3: younger than that, the idea of them being on social

598
00:36:04,640 --> 00:36:08,000
Speaker 3: media when they are older terrifies me. Absolutely terrifies me.

599
00:36:08,120 --> 00:36:14,480
Speaker 3: So I really do like this story. As I said,

600
00:36:14,520 --> 00:36:16,440
Speaker 3: I've been in a bit of a bit of a

601
00:36:16,480 --> 00:36:19,359
Speaker 3: business news vacuum over the last over the last week.

602
00:36:20,680 --> 00:36:23,200
Speaker 3: They're really apart from the fact that there was kind

603
00:36:23,239 --> 00:36:26,480
Speaker 3: of the official announcement of this during the last week,

604
00:36:26,520 --> 00:36:29,040
Speaker 3: there wasn't that much new about it, in that so

605
00:36:29,200 --> 00:36:31,120
Speaker 3: much of it had already been kind.

606
00:36:30,960 --> 00:36:37,360
Speaker 2: Of face He's gone to be pursing mode. You know what.

607
00:36:37,960 --> 00:36:41,239
Speaker 3: Don't really appreciate that facial expression, Adam. That's a demerit point.

608
00:36:44,400 --> 00:36:49,480
Speaker 3: That's the what I call the purse lips penalty. Sean

609
00:36:50,400 --> 00:36:55,720
Speaker 3: Sean Donald Trump and his and his appointments. The fact

610
00:36:55,880 --> 00:36:59,760
Speaker 3: is that here there was there was something new every

611
00:37:00,080 --> 00:37:04,920
Speaker 3: middle day, wasn't there And just because You're right, not

612
00:37:05,000 --> 00:37:08,880
Speaker 3: all of these are necessarily going to get through. And

613
00:37:09,040 --> 00:37:11,680
Speaker 3: the other one that you mentioned, the other point that look,

614
00:37:11,760 --> 00:37:15,239
Speaker 3: oh no, I'm turning into Adam. I'm introduced to new

615
00:37:15,320 --> 00:37:20,239
Speaker 3: material that wasn't in this episode, but there was on

616
00:37:20,440 --> 00:37:23,520
Speaker 3: the Friday episode of Fear and Greed and talking about

617
00:37:25,440 --> 00:37:29,879
Speaker 3: Kevin Rudd and the potential for him to continue as

618
00:37:29,920 --> 00:37:32,640
Speaker 3: Australia's ambassador to the US, and the fact that the

619
00:37:33,680 --> 00:37:37,279
Speaker 3: newly appointed or the incoming Deputy Chief of Staff to

620
00:37:37,400 --> 00:37:41,280
Speaker 3: the White House Donald Trump's new appointment posted a picture

621
00:37:41,600 --> 00:37:44,840
Speaker 3: of an hour glass with the sand running out for

622
00:37:45,000 --> 00:37:49,400
Speaker 3: Kevin Rudd. It just it all pays this picture, doesn't it. Anyway,

623
00:37:49,560 --> 00:37:52,040
Speaker 3: That's really kind of irrelevant because that wasn't material that

624
00:37:52,160 --> 00:37:55,480
Speaker 3: was introduced during your argument. Sean. It has never stopped

625
00:37:55,480 --> 00:38:01,160
Speaker 3: Adam from introducing his own material during judgments. I think

626
00:38:01,800 --> 00:38:06,120
Speaker 3: on this occasion, considering the scale and the likely global impact,

627
00:38:06,160 --> 00:38:08,160
Speaker 3: which is actually not one of the judging criteria at all,

628
00:38:08,280 --> 00:38:11,320
Speaker 3: isn't it's just objected by us. It's just melodrama, you

629
00:38:11,400 --> 00:38:13,040
Speaker 3: know what, Sean. I think you have to win this one,

630
00:38:13,640 --> 00:38:16,920
Speaker 3: and so that makes it three to one. Now, if

631
00:38:16,960 --> 00:38:20,560
Speaker 3: you could just kindly just talk amongst yourselves.

632
00:38:20,800 --> 00:38:23,719
Speaker 2: Let's just leave it, because this is the longest episode

633
00:38:23,920 --> 00:38:28,799
Speaker 2: we've ever done, and I am very confident, I'm very

634
00:38:28,920 --> 00:38:33,440
Speaker 2: very confident that it's not me doing longer stories. I'm

635
00:38:33,600 --> 00:38:37,360
Speaker 2: very confident, Adam, that it's not you doing longer stories.

636
00:38:37,840 --> 00:38:39,719
Speaker 2: I'm also very aware that what I've just said may

637
00:38:39,880 --> 00:38:44,200
Speaker 2: enn another demerit point. But Michael's maths is pretty dodgy,

638
00:38:44,320 --> 00:38:47,440
Speaker 2: so he's focused there trying to work out seven carry

639
00:38:47,480 --> 00:38:51,480
Speaker 2: this two at the one pithagus theorem, a squat be

640
00:38:51,640 --> 00:38:52,760
Speaker 2: squared plus c squared.

641
00:38:54,440 --> 00:38:56,959
Speaker 1: Okay, there we go about decimals in pie.

642
00:38:58,480 --> 00:39:01,880
Speaker 3: So what we've actually got here, it's a rather unusual

643
00:39:01,960 --> 00:39:05,520
Speaker 3: circumstance where there were several categories where one person won

644
00:39:06,520 --> 00:39:14,280
Speaker 3: but then they lost it on the marrorands. Okay, Adam,

645
00:39:16,960 --> 00:39:19,800
Speaker 3: well done. A score of this is not going to

646
00:39:19,880 --> 00:39:22,880
Speaker 3: sound very good, but really it is a good score

647
00:39:23,440 --> 00:39:28,600
Speaker 3: under Michael Thompson skypale of minus. No, you got seventy

648
00:39:28,719 --> 00:39:33,719
Speaker 3: four out of three hundred possible points. It's seventy four

649
00:39:33,800 --> 00:39:41,480
Speaker 3: out of one hundred and sean, you managed an admirable

650
00:39:41,640 --> 00:39:47,680
Speaker 3: seventy eight. And that fact that that includes your including.

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00:39:47,239 --> 00:39:49,440
Speaker 1: Your Americal Landslide.

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00:39:49,239 --> 00:39:52,480
Speaker 3: Seventy eight to seventy four. And it was only because

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00:39:52,520 --> 00:39:57,279
Speaker 3: you got a perfect score on your sleeper story. That

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00:39:57,440 --> 00:39:59,600
Speaker 3: was a good story, that was a great story. Can

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00:39:59,640 --> 00:40:00,960
Speaker 3: I wrap up the show or now?

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00:40:01,120 --> 00:40:03,800
Speaker 2: To do that? You cannot? You cannot, Adam, Do you

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00:40:03,880 --> 00:40:04,919
Speaker 2: mind if I wrap up the show?

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00:40:06,040 --> 00:40:06,719
Speaker 1: So before we go?

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00:40:07,000 --> 00:40:10,759
Speaker 3: What one final point? You know what, no one ever

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00:40:10,880 --> 00:40:11,920
Speaker 3: praises the judge.

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00:40:12,239 --> 00:40:14,200
Speaker 1: No, we cueue up the music here at this point,

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00:40:14,239 --> 00:40:16,719
Speaker 1: you know, like the Grammys, Sean, get the Shipherd's hook

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00:40:16,800 --> 00:40:18,239
Speaker 1: on off.

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00:40:18,560 --> 00:40:22,080
Speaker 2: I would like to officially say what you've proven today,

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00:40:22,200 --> 00:40:25,520
Speaker 2: Michael is just how good a judge Adam actually is.

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00:40:28,000 --> 00:40:30,600
Speaker 3: Oh my god, my haste to pick up my pen

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00:40:30,719 --> 00:40:31,840
Speaker 3: for demerit points.

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00:40:34,800 --> 00:40:37,440
Speaker 2: Given you've been away all week and you've turned up

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00:40:38,280 --> 00:40:40,480
Speaker 2: this morning early on a Saturday morning. Thank you very

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00:40:40,560 --> 00:40:41,920
Speaker 2: much for coming and doing it. Thank you.

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00:40:43,440 --> 00:40:47,080
Speaker 3: Thanks and also also for the sterling judgments that I delivered.

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00:40:46,760 --> 00:40:49,239
Speaker 2: And the steling judgments you delivered, particularly the demerit points. Adam,

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00:40:49,280 --> 00:40:50,120
Speaker 2: thank you, Thank you.

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00:40:50,280 --> 00:40:50,560
Speaker 1: Sean.

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00:40:51,040 --> 00:40:56,080
Speaker 2: Make sure you're following the podcast. Join us online on LinkedIn, Instagram, TikTok, Facebook,

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00:40:56,160 --> 00:40:58,839
Speaker 2: and next. Normally it doesn't go on for quite this long.

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Speaker 2: I do apologize for that. Next week will be better,

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00:41:01,320 --> 00:41:03,520
Speaker 2: I'm sure, Nail Matt And that was the weekend edition

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00:41:03,680 --> 00:41:06,120
Speaker 2: of Fear and Greed Business News have a great weekend