1 00:00:03,440 --> 00:00:06,560 Speaker 1: Welcome to Fear and Greed. Business Newsday Afternoon Report for Monday, 2 00:00:06,640 --> 00:00:09,320 Speaker 1: the thirty first of March twenty twenty five. I'm Sean Almer. 3 00:00:09,600 --> 00:00:12,160 Speaker 1: Every afternoon, We've got the five stories that happened today 4 00:00:12,200 --> 00:00:14,040 Speaker 1: that you need to know about. Story number one, there's 5 00:00:14,040 --> 00:00:17,680 Speaker 1: in PA six two hundred finished down one point seventy 6 00:00:17,720 --> 00:00:21,360 Speaker 1: five percent today to end at seven eight hundred and 7 00:00:21,360 --> 00:00:24,640 Speaker 1: forty three points. Ninety percent of the top two hundred 8 00:00:24,640 --> 00:00:27,960 Speaker 1: stocks ended lower. In fact, of the top fifty stocks, 9 00:00:28,000 --> 00:00:31,560 Speaker 1: only five common Off Bank, Telstra, Transurban, Sigma Healthcare and 10 00:00:31,560 --> 00:00:36,199 Speaker 1: Weistech Global ended in the black. Otherwise, read ink everywhere, 11 00:00:36,280 --> 00:00:38,880 Speaker 1: led by the big miners and tech stocks. Markets nervous 12 00:00:38,880 --> 00:00:42,760 Speaker 1: about Donald Trump's Liberation Day tariffs, which he's due to 13 00:00:42,800 --> 00:00:47,360 Speaker 1: announced Thursday. Australian Time story number two. Prime Minister Anthony 14 00:00:47,360 --> 00:00:51,240 Speaker 1: Albernizi said there is a fair bit of hubris and 15 00:00:51,400 --> 00:00:54,760 Speaker 1: Peter Dutton's comments that he'd prefer to live in Kiribilly 16 00:00:54,840 --> 00:00:59,120 Speaker 1: House in Sydney rather than the lodge in Canberra. Mister 17 00:00:59,160 --> 00:01:01,560 Speaker 1: Alberanesi was in Hearth announcing a two hundred million dollar 18 00:01:01,640 --> 00:01:05,120 Speaker 1: hospital renovation, and of course he had the obligatory Prime 19 00:01:05,120 --> 00:01:08,800 Speaker 1: Minister with newborn baby pick mister Albanize. He was also 20 00:01:09,000 --> 00:01:13,760 Speaker 1: asked about a Chinese vessel circumnavigating Australia. It had come 21 00:01:13,800 --> 00:01:16,640 Speaker 1: from New Zealand. Mister the Prime Minister admitted that he'd 22 00:01:16,640 --> 00:01:20,680 Speaker 1: prefer it's not be there. Opposition leader Peter Dunn, for 23 00:01:20,720 --> 00:01:23,479 Speaker 1: his part, was touring regional New South Wales. He said 24 00:01:23,480 --> 00:01:26,479 Speaker 1: Coalcion plans to set up a domestic gas reserve would 25 00:01:26,520 --> 00:01:30,120 Speaker 1: bring down power bills and ensure supply. Story number three 26 00:01:30,319 --> 00:01:33,360 Speaker 1: tech leader wise Tech Global has appointed two new independent 27 00:01:33,360 --> 00:01:36,880 Speaker 1: directors as it replaces four directors that resigned in February 28 00:01:36,840 --> 00:01:41,160 Speaker 1: and protest of founder Richard White becoming executive chair. One 29 00:01:41,160 --> 00:01:45,000 Speaker 1: of the directors today is actually a former chair of 30 00:01:45,040 --> 00:01:48,240 Speaker 1: the company. His name is Andrew Harrison. There's been rumblings 31 00:01:48,280 --> 00:01:51,200 Speaker 1: about how independent he is. He departed just twelve months ago, 32 00:01:51,480 --> 00:01:55,680 Speaker 1: having been chaired for nine years. The other executive was 33 00:01:55,920 --> 00:02:00,880 Speaker 1: UPS senior manager Chris Charlton. He'll also join the story. 34 00:02:01,080 --> 00:02:05,000 Speaker 1: A four advertising executive turn TV star turned controversial Quantus 35 00:02:05,040 --> 00:02:08,280 Speaker 1: director Todd Sampson has resigned from the board of the 36 00:02:08,400 --> 00:02:12,360 Speaker 1: national carrier. Samson's been on the board for about ten years. 37 00:02:12,400 --> 00:02:15,639 Speaker 1: And became something of a lightning rod for shareholders around 38 00:02:15,680 --> 00:02:18,520 Speaker 1: the behavior of former CEO Alan Joyce. More than one 39 00:02:18,600 --> 00:02:22,240 Speaker 1: third of shareholders voted against Sampson's reelection in the twenty 40 00:02:22,280 --> 00:02:24,360 Speaker 1: twenty three a GM Hill leave in July and be 41 00:02:24,480 --> 00:02:29,880 Speaker 1: replaced by former HP chief executive Don Wisler. And story 42 00:02:30,000 --> 00:02:32,839 Speaker 1: number five. US President Donald Trump says he is very 43 00:02:32,880 --> 00:02:37,520 Speaker 1: angry and I quote pissed off quote with Russian President 44 00:02:37,560 --> 00:02:41,000 Speaker 1: Vladimir Putin comes after weeks of trying to negotiate a 45 00:02:41,080 --> 00:02:44,880 Speaker 1: cease fire with Ukraine. In an NBC News interview, the 46 00:02:45,000 --> 00:02:48,560 Speaker 1: US President said he's angry with Putin for attacking Ukrainian 47 00:02:48,600 --> 00:02:52,400 Speaker 1: President Vladimir Zelenski's credibility and threatened to impose a fifty 48 00:02:52,400 --> 00:02:56,120 Speaker 1: per cent tariff on countries buying Russian oil. If Putin 49 00:02:56,160 --> 00:02:58,200 Speaker 1: doesn't agree to a cease fire, that's it. If the 50 00:02:58,200 --> 00:03:00,840 Speaker 1: Afternoon Report for Monday, the thirty first of March twenty 51 00:03:00,880 --> 00:03:03,440 Speaker 1: twenty five, make sure you follow on the podcast. We'll 52 00:03:03,480 --> 00:03:05,440 Speaker 1: be back tomorrow morning with a Tuesday edition of the 53 00:03:05,440 --> 00:03:08,720 Speaker 1: past five business news by Fear and Greed. I'm seanielma 54 00:03:09,120 --> 00:03:09,720 Speaker 1: enjoy reading