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

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Speaker 1: for Tuesday, the twenty third of September twenty twenty five.

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Speaker 1: Are Michael Thompson. Every afternoon, We've got the five stories

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Speaker 1: that happen today that you need to know about. So

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Speaker 1: let's go a story number one. It is all about

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Speaker 1: markets today. The S and PA Sex two hundred climbed

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Speaker 1: zero point four percent to eight hundred and forty six

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Speaker 1: points after a very strong lead in from Wall Street overnight.

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Speaker 1: Eight of the eleven sectors on the local boss finished

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Speaker 1: the day higher, led by the Bank's Commonwealth Bank, NAB, Westpac,

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Speaker 1: A and Z all up between zero points seven and

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Speaker 1: one percent today. There's another new record for the price

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Speaker 1: of gold today as well. The precious metal just seems

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Speaker 1: to keep on going. It hit three thousand, seven hundred

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Speaker 1: and forty nine US dollars, an ounce that of course

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Speaker 1: flowed through to the local gold miners, with Emerald resources

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Speaker 1: up more than five percent. West Gold, Perseus and Romilius

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Speaker 1: all climbing as well. A couple of stocks worth a mention.

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Speaker 1: Meyer's shares tumbled twenty five percent today after the department

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Speaker 1: store reported a thirty percent drop in annual profit that

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Speaker 1: was well below expectations. Telix Pharmaceuticals climbed more than nine

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Speaker 1: percent after it had some good news out of the

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Speaker 1: US for its prostate cancer imaging product and online luxury

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Speaker 1: fashion retailer set Hire. Its share price soared nearly nineteen

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Speaker 1: percent today after founder and CEO Dan Mintz bought more

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Speaker 1: shares in the company. Under story number two, and Prime

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Speaker 1: Minister Anthony Albernizi has been snubbed in New York, with

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Speaker 1: the White House confirming President Trump has no plans to

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Speaker 1: meet him during the UN General Assembly. Trump will instead

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Speaker 1: meet leaders from Ukraine, Argentina, the EU, and several Middle

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Speaker 1: Eastern nations. At best albome get a handshake at a

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Speaker 1: reception for world leaders tomorrow morning Australian time. The snub

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Speaker 1: comes as Trump slammed Australia's decision to recognize a Palestinian state,

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Speaker 1: saying it rewards humas at home. Oppositionally to Susan Lee

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Speaker 1: has backed Trump's stance, prompting FOREIGI and Minister Penny Wong

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Speaker 1: to accuse her of running a rogue foreign policy onto

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Speaker 1: story number three now, and drug maker Nova nor Disk

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Speaker 1: has asked the federal government to subsidize its weight loss

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Speaker 1: drug we Govi for up to five hundred thousand Australian

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Speaker 1: to our obese and living with heart disease. Currently, the

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Speaker 1: drugs are only subsidized for type two diabetes. The submission

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Speaker 1: to the Pharmaceutical Benefits Advisory Committee would see the taxpayer

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Speaker 1: cover most of the monthly cost of the drug, which

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Speaker 1: currently runs between three hundred and forty five dollars and

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Speaker 1: six hundred and forty five dollars. Novo says wider access

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Speaker 1: could prevent repeat heart attacks and strokes, arguing cardiovascular disease

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Speaker 1: and obesity are closely linked. The committee will hand down

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Speaker 1: its advice in November. Rival drug maker Eli Lilly is

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Speaker 1: also pushing for its obesity drug to be listed. Story

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Speaker 1: number four one out of New South Wales where a

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Speaker 1: police officer has been charged with assault after the arrest

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Speaker 1: of former Green's candidate Hannah Thomas at a pro Palestinian

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Speaker 1: protest in Sydney in June. Thomas claims she was punched

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Speaker 1: in the eye during the demonstration outside a defense supplier,

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Speaker 1: leaving her a serious injuries. The thirty five year old

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Speaker 1: had charges against her dropped earlier this month, and she

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Speaker 1: was awarded twenty two thousand dollars in legal costs. The officer,

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Speaker 1: a senior constable, will face court in November. Police say

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Speaker 1: his employment status is under review, while Greens MPs have

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Speaker 1: called for wider accountability over the handling of protests and finally,

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Speaker 1: story number five Big one out of the States today,

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Speaker 1: President Donald Trump has warned pregnant women to avoid a

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Speaker 1: set of minifan, which is known here more commonly as paracetamol,

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Speaker 1: claiming that it may be linked to autism now. The

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Speaker 1: President held a major press conference at the White House

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Speaker 1: alongside Health Secretary Robert F. Kennedy Junior, where he declared

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Speaker 1: that the drug should only be taken if medically necessary.

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Speaker 1: Medical experts have rejected the claim, saying there is no

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Speaker 1: clear evidence of harm linking paracetamol to autism, but Trump

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Speaker 1: has ordered new warning labels and a public awareness campaign.

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Speaker 1: Shares in Kenview, which is the maker of Tail and Old,

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Speaker 1: the big brand in the US, slumped more than seven

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Speaker 1: percent before recovering some ground. The President also suggested changes

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Speaker 1: to vaccine schedules for children, continuing his administration's controversial push

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Speaker 1: to overhaul public health guidance. That is it for the

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Speaker 1: afternoon report for Tuesday, the twenty third of September twenty

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Speaker 1: twenty five. Make sure you hit follow on the podcast

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Speaker 1: and we'll be back tomorrow morning with the Wednesday edition

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Speaker 1: of Fear and Greed. A'm Michael Thompson. Enjoy your evening.