1 00:00:03,920 --> 00:00:06,840 Speaker 1: It's Tuesday, the sixteenth of December twenty twenty five. 2 00:00:06,960 --> 00:00:07,560 Speaker 2: Welcome to the. 3 00:00:07,520 --> 00:00:10,080 Speaker 1: Fast five Business News by Fear and Greed, where we 4 00:00:10,080 --> 00:00:11,880 Speaker 1: give you the top five business stories you need to 5 00:00:11,920 --> 00:00:14,200 Speaker 1: know in just five minutes. Oh Michael Thompson, and good 6 00:00:14,200 --> 00:00:15,280 Speaker 1: morning Sean Aylmer. 7 00:00:15,440 --> 00:00:17,280 Speaker 2: Good morning Michael, Sean. 8 00:00:17,440 --> 00:00:21,160 Speaker 1: Five stories in five minutes. Story number one. The National 9 00:00:21,239 --> 00:00:25,320 Speaker 1: Cabinet will pursue tighter gun laws, including banning non citizens 10 00:00:25,360 --> 00:00:28,760 Speaker 1: from owning firearms, as the federal government faces calls for 11 00:00:28,800 --> 00:00:32,000 Speaker 1: an inquiry into the failure of AZO to prevent the 12 00:00:32,040 --> 00:00:33,680 Speaker 1: massacre at Bondai on Sunday. 13 00:00:34,080 --> 00:00:38,120 Speaker 2: Prime Minister Anthony Albanezi also faces growing criticism that his 14 00:00:38,240 --> 00:00:41,600 Speaker 2: government has failed to combat anti Semitism and that played 15 00:00:41,600 --> 00:00:43,840 Speaker 2: a role in the attack. Yesterday, he pledged to boost 16 00:00:43,840 --> 00:00:46,560 Speaker 2: a fund that provides security for Jewish people and their 17 00:00:46,560 --> 00:00:49,839 Speaker 2: institutions and tell the meeting with state and territory leaders 18 00:00:49,920 --> 00:00:53,519 Speaker 2: in the afternoon. Now, the leaders agreed to pursue nationally 19 00:00:53,760 --> 00:00:56,480 Speaker 2: uniform laws that would limit the number of firearms a 20 00:00:56,520 --> 00:01:00,000 Speaker 2: person could own, abolish open ended gun licenses by subject 21 00:01:00,200 --> 00:01:03,240 Speaker 2: than them to periodic review. Being the types of weapons 22 00:01:03,320 --> 00:01:07,360 Speaker 2: used in Sunday's massacre and limit gun licenses to Australian citizens. 23 00:01:07,400 --> 00:01:09,400 Speaker 2: The Prime Minister called for the same support that followed 24 00:01:09,440 --> 00:01:13,639 Speaker 2: John Howard to ban semi automatic weapons after the nineteen 25 00:01:13,720 --> 00:01:15,160 Speaker 2: ninety six Port Arthur massacre. 26 00:01:15,920 --> 00:01:19,240 Speaker 1: Opposition leader Susan Lee has said it's too early to 27 00:01:19,280 --> 00:01:22,160 Speaker 1: discuss gun laws as she criticized the Labor government for 28 00:01:22,200 --> 00:01:24,640 Speaker 1: failing to keep Jewish Australians safe. 29 00:01:24,920 --> 00:01:27,319 Speaker 2: The basic charge is that the government has not been 30 00:01:27,360 --> 00:01:30,640 Speaker 2: tough enough in responding to acts of violence against Jews 31 00:01:30,680 --> 00:01:34,760 Speaker 2: and Jewish institution, and been too tolerant of public displays 32 00:01:34,760 --> 00:01:38,720 Speaker 2: of hatred and anti Semitism on university campuses and in 33 00:01:38,760 --> 00:01:39,319 Speaker 2: the streets. 34 00:01:40,040 --> 00:01:42,320 Speaker 1: Now, of course, the details as we know them. Fifteen 35 00:01:42,360 --> 00:01:46,080 Speaker 1: people were killed by the gunmen and a further forty 36 00:01:46,120 --> 00:01:50,000 Speaker 1: were injured, including two police officers. The gunmen were father 37 00:01:50,080 --> 00:01:53,800 Speaker 1: and son, Serjid and Navid Akram. The fifty year old 38 00:01:53,840 --> 00:01:56,960 Speaker 1: father died in the gunfight on Sunday, while the twenty 39 00:01:56,960 --> 00:01:59,200 Speaker 1: four year old son was in a coma in hospital, 40 00:01:59,440 --> 00:02:02,200 Speaker 1: and police have ruled out the involvement of a third attacker. 41 00:02:02,520 --> 00:02:05,840 Speaker 2: The father migrated to Australia was not an Australian citizen. 42 00:02:05,880 --> 00:02:08,840 Speaker 2: The son was born and educated in Sydney. He had 43 00:02:08,880 --> 00:02:11,919 Speaker 2: come to Asio's attention in twenty nineteen. He was watched 44 00:02:12,040 --> 00:02:15,280 Speaker 2: six months over in association with the Sydney based Islamic Cell, 45 00:02:15,600 --> 00:02:18,400 Speaker 2: but was assessed as not being an ongoing threat. The 46 00:02:18,480 --> 00:02:22,800 Speaker 2: government in Asio came under criticism for that yesterday. The 47 00:02:22,919 --> 00:02:26,680 Speaker 2: tragedy has claimed too many lives, including two local rabbis 48 00:02:26,680 --> 00:02:30,240 Speaker 2: of French national Holocaust survivor, a great grandfather and a 49 00:02:30,360 --> 00:02:33,480 Speaker 2: ten year old girl, among others. Of the twenty seven 50 00:02:33,560 --> 00:02:37,200 Speaker 2: victims still in hospital, twelve are in critical condition. The 51 00:02:37,240 --> 00:02:41,040 Speaker 2: massacre triggered global condemnation of the attacks and sympathy for 52 00:02:41,080 --> 00:02:43,959 Speaker 2: the victims and their families, from US President Donald Trump 53 00:02:44,280 --> 00:02:48,000 Speaker 2: to European leaders, while Israel President Benjamin nette Yaw who 54 00:02:48,040 --> 00:02:51,680 Speaker 2: blamed Anthony Alberizi for not craking down on anti Semitism 55 00:02:51,720 --> 00:02:53,240 Speaker 2: in Australia. 56 00:02:52,560 --> 00:02:55,000 Speaker 1: And just very quickly Sean, we need to acknowledge the 57 00:02:55,080 --> 00:02:58,280 Speaker 1: heroics of Ahmad l Ahmed, the fruit shop owner who 58 00:02:58,320 --> 00:03:01,359 Speaker 1: wrestled with one of the gunmen, taking a rifle of him. 59 00:03:01,400 --> 00:03:04,600 Speaker 1: It's been recognized from US President Donald Trump, who applauded 60 00:03:04,600 --> 00:03:08,400 Speaker 1: his bravery to billionaire Hedge fund manager Bill Ackman, who 61 00:03:08,440 --> 00:03:12,040 Speaker 1: donated nine nine hundred and ninety nine dollars to a 62 00:03:12,080 --> 00:03:13,359 Speaker 1: fundraiser supporting arm IT. 63 00:03:13,720 --> 00:03:17,040 Speaker 2: Yes, I sorry, raised turner in fifty thousand. That go fundme, Paige, 64 00:03:17,320 --> 00:03:20,000 Speaker 2: I think really one of the lasting images of the 65 00:03:20,160 --> 00:03:22,920 Speaker 2: terror attack. Also a go fundme page for the little 66 00:03:22,919 --> 00:03:25,440 Speaker 2: girl that was killed, Matilda that's raised nearly three hundred 67 00:03:25,480 --> 00:03:26,080 Speaker 2: thousand dollars. 68 00:03:26,720 --> 00:03:29,920 Speaker 1: Okay onto story number two now and ASX Limited, the 69 00:03:30,040 --> 00:03:32,959 Speaker 1: company that is, will lower it's dividend pay out to 70 00:03:33,040 --> 00:03:36,320 Speaker 1: pay for reforms demanded by the corporate regulator following an 71 00:03:36,320 --> 00:03:37,920 Speaker 1: inquiry into the market. 72 00:03:37,600 --> 00:03:41,760 Speaker 2: Operator ASEX and ASEX have agreed to a strategic package 73 00:03:41,800 --> 00:03:45,320 Speaker 2: of action designed to improve confidence in the ASX as 74 00:03:45,320 --> 00:03:49,360 Speaker 2: a provider of critical infrastructure. ASSEX report calls for stronger 75 00:03:49,400 --> 00:03:54,480 Speaker 2: independence and governance at the asex's clearance and Settlement Facilities board, 76 00:03:54,600 --> 00:03:57,200 Speaker 2: an extra one hundred and fifty million dollars in capital 77 00:03:57,360 --> 00:04:00,960 Speaker 2: charge on the ASEX, and a commitment to wrong leadership. 78 00:04:01,160 --> 00:04:03,800 Speaker 2: The Corporate Regulated chair Jay Longo called the deal a 79 00:04:03,840 --> 00:04:08,160 Speaker 2: circuit breaker, adding the ASX needs to imprace a new 80 00:04:08,200 --> 00:04:12,120 Speaker 2: era of accountability, investment, and stewardship to increase confidence and 81 00:04:12,240 --> 00:04:15,160 Speaker 2: meet the expectations of the market and the Australian public. 82 00:04:16,120 --> 00:04:19,479 Speaker 1: Story number three. One of Australia's largest cattle properties, the 83 00:04:19,520 --> 00:04:22,800 Speaker 1: Beatloo Station in the Northern Territory, has been sold for 84 00:04:22,880 --> 00:04:25,440 Speaker 1: three hundred and fifteen million dollars and. 85 00:04:25,520 --> 00:04:28,559 Speaker 2: It's big ten and a half thousand square kilometers not bad. 86 00:04:29,080 --> 00:04:33,279 Speaker 2: Consolidated Pastoral company bought the property from billionaire Retail of 87 00:04:33,279 --> 00:04:36,560 Speaker 2: Brett Blundy and the Armstrong family. According to the Australian 88 00:04:37,279 --> 00:04:41,240 Speaker 2: Properties over one million hectares it can run ninety thousand cattle. 89 00:04:41,279 --> 00:04:45,560 Speaker 2: The sale includes about eighty thousand capital cattle. The property's 90 00:04:45,880 --> 00:04:48,880 Speaker 2: seven hundred and fifty kilometers southeast of Darwin, close to 91 00:04:48,880 --> 00:04:51,240 Speaker 2: the Stuart Highway, pretty much smack being in the middle 92 00:04:51,240 --> 00:04:54,599 Speaker 2: of the Northern Territory. It's famous for its innovative use 93 00:04:54,680 --> 00:04:57,520 Speaker 2: of water. It's been on the market for several years. 94 00:04:57,680 --> 00:05:01,680 Speaker 2: CPC is an Australian company owned by British private equity. 95 00:05:01,680 --> 00:05:04,679 Speaker 2: It operates here ended Indonesia and running hundreds of thousands 96 00:05:04,720 --> 00:05:06,400 Speaker 2: of capital, some sheep and cropping. 97 00:05:07,160 --> 00:05:10,800 Speaker 1: Story number four. Elon Musk's SpaceX is working towards an 98 00:05:10,880 --> 00:05:14,240 Speaker 1: eight hundred billion US dollar initial public offering next year, 99 00:05:14,600 --> 00:05:18,080 Speaker 1: after an insider share sale set the value of the 100 00:05:18,200 --> 00:05:19,880 Speaker 1: rocket and satellite maker. 101 00:05:20,080 --> 00:05:22,040 Speaker 2: It would be the largest IBO of all time. No 102 00:05:22,160 --> 00:05:25,039 Speaker 2: surprises there. Over the weekend, SpaceX set it's preparing for 103 00:05:25,080 --> 00:05:28,720 Speaker 2: a possible public offering in twenty twenty six that would 104 00:05:28,720 --> 00:05:32,880 Speaker 2: be aimed at funding and their words insane flight rate 105 00:05:33,600 --> 00:05:39,719 Speaker 2: for its developmental starship rocket, artificial intelligence, data centers in space, 106 00:05:40,440 --> 00:05:43,559 Speaker 2: and a base on the Moon. Of course, the latest 107 00:05:43,600 --> 00:05:46,320 Speaker 2: valuation is about twice a previous valuation in July this year. 108 00:05:46,320 --> 00:05:48,760 Speaker 2: According to Bloomberg. He also pushes the company beyond the 109 00:05:48,800 --> 00:05:51,880 Speaker 2: previous record for a private company of five hundred billion 110 00:05:51,960 --> 00:05:56,560 Speaker 2: US dollars that chap GPT owner open Ai set in October. 111 00:05:56,680 --> 00:05:59,960 Speaker 1: Last one story number five. Scientists have captured rare footage 112 00:06:00,040 --> 00:06:04,839 Speaker 1: of killer whales and Pacific whitesided dolphins hunting together near 113 00:06:04,880 --> 00:06:07,279 Speaker 1: the coast of British Columbia and Canada. 114 00:06:07,440 --> 00:06:10,720 Speaker 2: Despite their common name killer whale, orcas are actually the 115 00:06:10,800 --> 00:06:14,279 Speaker 2: largest species of dolphin. The findings, published in the journal 116 00:06:14,360 --> 00:06:17,599 Speaker 2: Nature Scientific Reports, is the first recorded evidence the two 117 00:06:17,640 --> 00:06:21,240 Speaker 2: working together. According to researchers. The BBC Reporter that they 118 00:06:21,240 --> 00:06:24,240 Speaker 2: studied the mammals using drones and camera tags to understand 119 00:06:24,279 --> 00:06:27,440 Speaker 2: feeding behavior. Footage is incredible, Michael. Not only were the 120 00:06:27,520 --> 00:06:30,280 Speaker 2: killer whales orienting themselves towards the dolphins at the servers, 121 00:06:30,279 --> 00:06:33,359 Speaker 2: but they all dive together. The two species also appear 122 00:06:33,400 --> 00:06:37,240 Speaker 2: at eavesdrop on each other's sounds to help them work 123 00:06:37,279 --> 00:06:40,440 Speaker 2: out where the salmon were and then sort of enjoy 124 00:06:40,520 --> 00:06:44,080 Speaker 2: the spoils of that. This is according to researchers from 125 00:06:44,120 --> 00:06:45,880 Speaker 2: Dollhouse University in Canada. 126 00:06:46,120 --> 00:06:48,280 Speaker 1: Incredible story. There we go to the top five business 127 00:06:48,279 --> 00:06:50,760 Speaker 1: stories in five minutes. Thank you Sean, Thank you Michael. 128 00:06:51,040 --> 00:06:54,080 Speaker 1: It's Tuesday, the sixteenth of December twenty twenty five. Remember 129 00:06:54,080 --> 00:06:56,440 Speaker 1: to hit follow on the podcast, and if five minutes 130 00:06:56,480 --> 00:06:59,320 Speaker 1: isn't enough, you're can find our longer daily show called 131 00:06:59,400 --> 00:07:02,200 Speaker 1: Fear and Eat wherever you listen to podcasts. I'm Michael 132 00:07:02,200 --> 00:07:04,480 Speaker 1: Thompson and that was the Fast by Business News by 133 00:07:04,480 --> 00:07:08,760 Speaker 1: Fear and Greed. Have a great day.