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Speaker 1: Welcome to the Fearing Green Business News Afternoon Report for Tuesday,

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Speaker 1: the twentieth January twenty twenty sixth I'm Sean Almer. Every afternoon,

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Speaker 1: We've got the five stories that happen today that you

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Speaker 1: need to know about. Story number one. The SMPASX two

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Speaker 1: hundred closed down zero point seven percent to eight hundred

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Speaker 1: and sixteen points. It's a pretty rough day for the

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Speaker 1: large caps. The three big miners fell. All the four

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Speaker 1: major banks dropped, led by Commonwealth Bank which was off

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Speaker 1: two percent. Goodman and Woodside were also lower. Wesfarmer, CESL, Transurban,

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Speaker 1: Northern Star and Woollies worthy outperformers. Story number two. The

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Speaker 1: federal government's hate speech and gun law legislation have passed

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Speaker 1: the House of Representatives. It's currently being debated in the Senate.

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Speaker 1: The battle comes in the next few hours, with the

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Speaker 1: government needing the Green support in the Senate to pass

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Speaker 1: the gun legislation. It's also relying on a split in

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Speaker 1: the coalition over the hate speech legislation, with Liberal support

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Speaker 1: in the Senate need to pass the legislation. Earlier today,

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Speaker 1: the most National Party MPs abstained from voting in the

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Speaker 1: House on the hate speech legislation, and they voted against

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Speaker 1: the gun laws, though both pieces of legislation did pass

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Speaker 1: the House. Earlier on today, Storry number three there's been

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Speaker 1: a fourth shark attack in New South Wales in less

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Speaker 1: than forty eight hours. Not really a business story, but

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Speaker 1: quite incredible. A thirty nine year old was swimming on

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Speaker 1: the mid North coast of New South Wales when he

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Speaker 1: was bitten and taken to hospital in a stable condition

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Speaker 1: with minor injuries. Yesterday, a man in his twenties was

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Speaker 1: bitten at Many Beach and remains in a critical condition.

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Speaker 1: Earlier yesterday a younger surfer was uninjured when a shark

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Speaker 1: bit a piece out of his surfboard. And over the

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Speaker 1: weekend a twelve year old boy was bitten in Sydney Harbor.

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Speaker 1: He remains in a critical condition. On average, across the

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Speaker 1: country there are twenty shark incidents a year. Four in

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Speaker 1: two days is very unusual. Story number four. There was

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Speaker 1: a bit of corporate news around today. Telix Pharmaceuticals jumped

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Speaker 1: up after China's drug regulator accepted a new application for

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Speaker 1: Telex's prostate cancer imaging technology imp FEL two percent. After

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Speaker 1: CEO Alexis George says she'll retire at the end of March.

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Speaker 1: She will be replaced by another group executive at Blair

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Speaker 1: Vernon Hub twenty four rows five percent after booking strong

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Speaker 1: net inflows onto its investment platform in the December quarter,

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Speaker 1: and ARB at one point today was down fifteen percent.

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Speaker 1: That's after it released disappointing revenue figures for the December

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Speaker 1: half year. IRB is a four wheel drive accessory specialist. Finally,

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Speaker 1: story number five baseball caps spoofing Donald Trump's iconic Maga

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Speaker 1: hats have become a symbol of Danish and Greenlandic defiance

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Speaker 1: against the US President's threat to seize the frozen territory.

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Speaker 1: The caps, reading make America Go Away, parodying Trump's make

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Speaker 1: America Great against slogan, have gained to popularity, along with

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Speaker 1: several variants in social media and public protests, including a

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Speaker 1: weekend demonstration held in freezing weather in the Danish capital

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Speaker 1: of Copenhagen. European governments are railing behind Denmark, citing the

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Speaker 1: need to defend Arctic regions and warning that threats against

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Speaker 1: Greenland undermine Western security. The mock hats were created by

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Speaker 1: a Copenhagen vintage clothing store last year, sales have surged

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Speaker 1: on the back of the Trump administration escalating its rehtoric

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Speaker 1: over Greenland. That's it for the out and Report for Tuesday,

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Speaker 1: the twentieth of January. Make sure you're following the podcast

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Speaker 1: and had along to Fearing Greek dot com dot au

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Speaker 1: to sign up for our free daily newsletter. I'm sure

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Speaker 1: Elma enjoy your eaving