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

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Speaker 1: for Thursday, the twenty fifth of September twenty twenty five.

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Speaker 1: Are Michael Thompson and every afternoon we've got the five

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

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Speaker 2: Let's go with story number one. It's all about markets

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Speaker 2: are soaring.

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Speaker 1: Copper price has given a boost to the big miners,

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Speaker 1: helping the s and PASX two hundred to a narrow

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Speaker 1: zero point one percent gain today, closing at eighty seven

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Speaker 1: hundred and seventy three points. BHP and Rio Tinto were

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Speaker 1: both up three point six percent today. Pure play copper

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Speaker 1: produces even more as the price of the metal climbed.

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Speaker 1: It has been driven by a landslide at a major

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Speaker 1: mine in Indonesia earlier this month. Gold miners, on the

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Speaker 1: other hand, went backwards today, the price of gold retreating slightly,

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Speaker 1: and Romelius, Genesis and Northern Star all lost a bit

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Speaker 1: of ground. Higher oil prices helped the energy companies Woodside, Santos,

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Speaker 1: Beach Energy all climbing today. Tough day though for the

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Speaker 1: healthcare stocks. Some of the retailers struggled to Meyer's bad

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Speaker 1: run continued and Premier investments that rose early in the

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Speaker 1: day then closed zero point two percent lower on a

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Speaker 1: drop in profit, and claims as well by Premiers founder

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Speaker 1: Solomon Lou that an internal investigation into its Smiggle stationery

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Speaker 1: chain had allegedly uncovered a culture of serious misconduct ranging

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Speaker 1: from absenteeism, intoxication during work hours, bullying and more. I

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Speaker 1: will have more on that one in tomorrow morning show

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Speaker 1: under story number two. Now and Liberal MP Andrew Hasey

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Speaker 1: has dismissed speculation yet again that he is preparing a

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Speaker 1: tilt at the party leadership, insisting that he does support

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Speaker 1: opposition leader Susan Lee. He was speaking on Sydney radio

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Speaker 1: station two GB and said anyone who's speculating otherwise is

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Speaker 1: being mischievous. I'm a team player. He has made several

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Speaker 1: significant interventions on net zero policy, immigration manufacturing that have

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Speaker 1: divided Liberal MPs. Some see them as a distraction, others

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Speaker 1: say though, and I quote he would make a remarkable

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Speaker 1: leader one day. Meanwhile, as the Opposition continues to deal

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Speaker 1: with all of this speculation end well in fighting. The

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Speaker 1: Prime Minister has used his first address to the United

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Speaker 1: Nations General Assembly to recommit Australia to tackling climate change,

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Speaker 1: urging world leaders to embrace clean energy. He also confirmed,

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Speaker 1: though that Australia is going to campaign for a temporary

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Speaker 1: seat on the UN Security Council in twenty twenty nine

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Speaker 1: twenty thirty. That is reviving a goal set a decade

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Speaker 1: ago under Julie Bishop. Story number three, Victoria Police say

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Speaker 1: COVID lockdowns have played a role in fueling a youth

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Speaker 1: crime wave, with children now responsible for nearly half of

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Speaker 1: all aggravated burglaries and more than a quarter of car

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Speaker 1: thefts across the state. New crime data released today shows

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Speaker 1: one hundred and twenty eight repeat youth offenders committed over

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Speaker 1: seven thousand defenses last year, driving an eighteen percent surge

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Speaker 1: in overall incidents. Deputy Commissioner Robert Hill says young people

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Speaker 1: had been influenced by gang culture, social media and the

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Speaker 1: disconnection caused by lockdowns. Police have also raised concerns about

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Speaker 1: knife crime, car key thefts, and organized retail crime syndicates,

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Speaker 1: as total offenses rose to more than six hundred and

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Speaker 1: thirty eight thousand that is the highest since records began.

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Speaker 2: Story number four. Today, quantus CEO Vanessa Hudson has launched

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Speaker 2: the airline's first new airbus, A three twenty one XLR,

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Speaker 2: on the Sydney to Melbourne route, marking the start of

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Speaker 2: a fifteen billion dollar much talked about fleet renewal. The

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Speaker 2: new aircraft replaces the aging Boeing seven three sevens, offering

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Speaker 2: more capacity. There's extra business class seats, wider cabins, larger

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Speaker 2: overhead storage, but according to some reports, fewer toilets per

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Speaker 2: passenger on long haul flights. Hudson says the upgrade will

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Speaker 2: deliver better outcomes right across the spectrum for customers and

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Speaker 2: for investors as well. The new planes can fly long

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Speaker 2: range regional route Analysts say the move will ease pressure

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Speaker 2: on load factors, with capacity growth outpacing rival Virgin Australia

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Speaker 2: and finally, Story number five. The Secret Service is investigating

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Speaker 2: what US President Donald Trump has called the triple sabotage

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Speaker 2: of his United Nations appearance after an escalator stopped working

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Speaker 2: while he was on it and he experienced technical difficulties

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Speaker 2: during his speech. We did talk about this yesterday, but

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Speaker 2: it has escalated somewhat. Trump blamed the UN, calling the

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Speaker 2: events sinister. He has demanded arrests. The UN says, though,

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Speaker 2: that the escalator incident was triggered by a US delegation

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Speaker 2: videographer and the White House actually ran the teleprompter that

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Speaker 2: stopped midway or before the President even began his speech.

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Speaker 2: The third issue that was raised, which was the sound

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Speaker 2: dropping out during his speech, was actually reported by the

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Speaker 2: First Lady herself. It all comes as the White House

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Speaker 2: has replaced Joe Biden's portrait on a new Presidential Walk

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Speaker 2: of Fame. Instead of a picture of the former president,

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Speaker 2: there is a picture of the automatic pen that Joe

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Speaker 2: Biden and other presidents have used to sign executive orders.

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Speaker 2: Make of that what you will. That's it for the

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Speaker 2: Afternoon Report for Thursday, the twenty fifth of September twenty

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Speaker 2: twenty five. Make sure you hit follow on the podcast

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Speaker 2: and we'll be back tomorrow morning with the Friday edition

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Speaker 2: of Fear and Greed.

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Speaker 1: I'm Michael Thompson. Enjoy your evening.