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Speaker 1: It's Tuesday, the twenty second of April twenty twenty five.

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Speaker 1: Welcome to the Fast five Business News by Fear and Greed.

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Speaker 1: Will we give you the top five business stories you

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Speaker 1: need to know in just five minutes. I'm Michael Thompson

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Speaker 1: and good morning Sean Aylmer.

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Speaker 2: Good morning, Michael Sewn.

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Speaker 1: Five stories, five minutes. Let's go a story number one.

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Speaker 1: We are in the final stretch of the campaign, twelve

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Speaker 1: days to go. If you're counting, the Coalition is pushing

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Speaker 1: its law and order credentials hard, but it's not making

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Speaker 1: up much ground on the government, at least in the polls.

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Speaker 2: Opposition leader pett Had Dunton yesterday promised to make law

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Speaker 2: and order a priority of a coalition government, unveiling a

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Speaker 2: seven hundred and fifty million dollar crackdown on crime called

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Speaker 2: Operation Safer Communities. Dunton pledged to boot support to police

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Speaker 2: and community groups, who also set a coalition government would

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Speaker 2: trial a national sex offender register. Mister Dutton visited yet

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Speaker 2: another service station, twelfth he's visited on the campaign, trials

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Speaker 2: breaking the Coalition's promised to cut the fuel excise by

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Speaker 2: twenty five cents. A leader clearly that must be gaining traction.

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Speaker 2: According to Liberal polse Prime Minister Anthony Albernese spent most

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Speaker 2: of his day in New South Wales and Victoria pushing

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Speaker 2: his pledge to open more urgent care clinics. Alberanese's prop

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Speaker 2: of choice at the moment seems to be his Medicare card.

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Speaker 2: Clearly that the ALP posters think healthcare is a winner

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Speaker 2: for them.

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Speaker 1: Sean why won't people vote for Prime Minister Anthony Alberesi

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Speaker 1: and for opposition? That to Peter Dutton. A survey from

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Speaker 1: the Cidney Morning Herald and The Age has looked into

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Speaker 1: that and provides a clear cut reason for each leader.

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Speaker 2: The result Strategic Survey asked respondence why they wouldn't give

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Speaker 2: their vote to Albanesian Dutton forty seven percent so they

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Speaker 2: wouldn't give it to Albanesi because they would hesitate at

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Speaker 2: least because of the cost of living crisis more important

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Speaker 2: to them than the management of the economy or a

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Speaker 2: lack of progress in the first term. When it came

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Speaker 2: to Dutton, forty five percent said that hesitate because of

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Speaker 2: his personality as a leader. The next two reasons after

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Speaker 2: a gap where a lack of policy details and fears

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Speaker 2: that the coalition would follow the example of Donald Trump. Generally,

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Speaker 2: polling is putting Peter Dutton further behind Anthony Albanesi. The

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Speaker 2: third and final debate between the two leaders is on tonight, all.

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Speaker 1: Right, Moving on to story number two. Now, Sean and

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Speaker 1: about thirty thousand businesses have a tax debt default with

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Speaker 1: the ATO of over one hundred thousand dollars.

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Speaker 2: And when you have a debt that size, well, it

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Speaker 2: becomes a pretty good predictor of insolvency. According to creditor Watch,

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Speaker 2: who provided the information, the share of businesses with tax

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Speaker 2: defaults is highest in construction and in food and beverage services.

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Speaker 2: They're also the two sectors with the highest insolvency rate.

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Speaker 2: Since October twenty twenty four, there's been a considerable decline

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Speaker 2: in the number of businesses that are paying off their

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Speaker 2: tax debts. They're entering into payment plans with the ATO

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Speaker 2: now credit to what says, it's a very uncertain time

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Speaker 2: for businesses and consumers by virtue of the ongoing changes

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Speaker 2: to US tariff and trade policies. That's kind of overwhelming

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Speaker 2: all the good stuff from tax cuts and laura interest rates.

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Speaker 1: Storing number three. Speaking of US policies, Shawn, a long

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Speaker 1: delayed copper project in An, Arizona, fifty five percent owned

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Speaker 1: and controlled by Rio Tinto and forty five percent owned

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Speaker 1: by BHP, has been fast tracked by the Trump White

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Speaker 1: House as the US and China vibe for supremacy in

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Speaker 1: the minerals vital to the energy transition and also to

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Speaker 1: advanced military hardware.

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Speaker 2: Tied up an environmental and quarter piels, native title and

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Speaker 2: regulatory red tape for more than a decade, the resolution

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Speaker 2: copper mine is among a handful of ten projects granted

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Speaker 2: Fast forty one status by the White House over the weekend.

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Speaker 2: The application of fast forty one to streamline the approvals

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Speaker 2: process behind critical minerals production is in response to a

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Speaker 2: Trump executive order issued in March. Now, the proposed underground mine,

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Speaker 2: around one hundred lummes east of Phoenix, Arizona, is expected

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Speaker 2: to become the largest copper mine in North America, capable

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Speaker 2: of meeting up to twenty five percent of total US

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Speaker 2: copper demand each year. As the trade war between the

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Speaker 2: US and China heats up, both nations are keen to

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Speaker 2: access commodities like copper. It's particularly important because it's used

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Speaker 2: in aircraft, naval vessels, guidance systems, as well as renewable projects.

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Speaker 1: Story number four. Some hybrid vehicle sean use more fuel

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Speaker 1: than their internal combustion engine competitors, at least on Australian roads.

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Speaker 2: Incredible, isn't it. An Australian Automobile Association analysis shows that

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Speaker 2: in one case, a mild hybrid so it's a hybrid

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Speaker 2: with a smaller battery, use twelve percent more petrol than

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Speaker 2: its internal combustion equivalent on highways. The association tested sixteen vehicles,

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Speaker 2: including six conventional hybrid cast two mild hybrids and their

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Speaker 2: petrol equivalents. According to AAP. The test performed in Victoria

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Speaker 2: to so that three out of four Toyat hybrid vehicles

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Speaker 2: cut petrol use by more than thirty percent on average.

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Speaker 2: The Honda CRV Hybrid and mild hybrid Suzuki Swift also

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Speaker 2: reduced by a fair bit, but gwm's Jollian hybrid vehicle

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Speaker 2: cut consumption by significantly less. It also used more petrol

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Speaker 2: than the standard Jollian model when traveling on highways. Subaru

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Speaker 2: Forest and mild Hybrid also used more petrol, though that's

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Speaker 2: been discontinued. Now, of course we're all buying hybrids. Sales

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Speaker 2: are up thirty four percent of the past year. But

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Speaker 2: you just need to check the details.

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Speaker 1: We story number five, Sean. It was billed as the

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Speaker 1: world's first half marathon for androids, but just four of

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Speaker 1: twenty one robots competing against human runners in a race

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Speaker 1: in China actually completed the twenty one kilometer run.

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Speaker 2: So one fell over at the starting line, another's head

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Speaker 2: fell off, roll to the ground, and number one collapsed

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Speaker 2: broke into pieces. Others didn't make it in the decignated times,

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Speaker 2: so twenty one kilometers, they had four hours to do it.

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Speaker 2: Some of them just didn't make it. It was in

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Speaker 2: Beijing's southern tech hub of Etown. The winning robot was

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Speaker 2: known Tiogong Ultra. At one point seven eight meters the

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Speaker 2: finish line in two hours and forty minutes. The human

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Speaker 2: running against it made the finish line in about an hour.

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Speaker 2: All in all, man verse robot. At least when it

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Speaker 2: comes to half marathons, man's a long way in front.

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Speaker 1: We are still just a little bit in front. Sean.

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Speaker 1: There we go the top five business stories in five minutes.

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Speaker 1: Thank you, Sean.

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Speaker 2: Thank you Michael.

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Speaker 1: It is Tuesday, the twenty second of April twenty twenty five.

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Speaker 1: Remember to hit follow on the podcast, and if five

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Speaker 1: called Fear and Greed wherever you listen to. Podcasts are

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Speaker 1: Michael Thompson and that was the Fast five Business news

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Speaker 1: by Fear and Greed. Have a great day, m