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Speaker 1: It's Friday, the seventh of February twenty twenty five. Welcome

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Speaker 1: to the Fast five Business News by Fear and Greed,

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Speaker 1: where we give you the top five business stories you

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Speaker 1: need to know in just five minutes. I'm Michael Thompson

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Speaker 1: and good morning Sean Aylmer.

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Speaker 2: Good morning, Michael, Sean.

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Speaker 1: Five stories, five minutes. Let's go a story. Number one.

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Speaker 1: Prime Minister Anthony Albanizi has basically said Australians need to

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Speaker 1: take a chill pill when it comes to Donald Trump

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Speaker 1: and not react to every statement he makes.

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Speaker 2: Ah, maybe, mister Alberenzi, but here's the President of the

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Speaker 2: United States. We should keep that in mind. The Prime

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Speaker 2: Minister said, we need to sit back and not react

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Speaker 2: to everything Donald Trump says. The PM and government ministers

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Speaker 2: have been dodging questions at a NonStop over the past

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Speaker 2: few days on Trump's changing policy decisions. On ABC News

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Speaker 2: Breakfast yesterday, Anthony Albanize said, and I quoted, there's been

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Speaker 2: two different positions in the last week on Canada and

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Speaker 2: on tariffs, and that points towards the need to sit back,

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Speaker 2: not comment on every statement that is made every day.

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Speaker 2: He stood firm on Australia's long running position for a

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Speaker 2: bipartisan two state solution in the Middle East. Earlier in

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Speaker 2: the week, Donald Trump suggested the US take over Gaza

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Speaker 2: shift Palestine is to other currents, to other countries. Anthony

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Speaker 2: Albanesi has been asked about this a few times, but

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Speaker 2: he's very much avoiding that one.

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Speaker 1: And Jean Peter Dutton has a different response to the

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Speaker 1: Gaza proposal.

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Speaker 2: Yeah, he surely does, he said, and I quote Donald

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Speaker 2: Trump has a very different approach than his predecessors. He

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Speaker 2: has a business approach. If we can see a plan

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Speaker 2: which has peace and stability restored to the region, then

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Speaker 2: would I support that? And question mark after that, I

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Speaker 2: think he might support that. All in all, question time yesterday,

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Speaker 2: Opposition is still focusing on anti Semitism and Anthony Albanese's

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Speaker 2: response to what's going on, particularly in Sydney at the moment,

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Speaker 2: although the Opposition did push a little bit more into

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Speaker 2: the cost of living crisis just very quickly on that

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Speaker 2: anti Semitism issue. New South Wales has passed or has

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Speaker 2: expanded its any vilification and intimidation laws on the back

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Speaker 2: of those crimes. There's also legislation going through the Federal Parliament.

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Speaker 2: That has caused the Federal Labor to include mandatory minimum

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Speaker 2: sentences for hate speech as part of that legislation.

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Speaker 1: Okay, moving on to story number two. Now shown business

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Speaker 1: confidence is up a bit and business conditions remain stable,

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Speaker 1: though corporates are more upbeat about the next twelve months

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Speaker 1: compared to the last twelve months.

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Speaker 2: That's the findings from the quarterly National Australia Banking Business

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Speaker 2: Confidence and Conditions Survey. Conditions with steady last quarter, but thankfully,

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Speaker 2: businesses expect better times in twenty twenty five. They expect

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Speaker 2: to make bigger investments. That reflects hopes of lower interest rates,

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Speaker 2: recovering consumer demand and easing cost growth. Also, business expects

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Speaker 2: an improvement in the medium term inflation outlook, though they

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Speaker 2: are still worried about wage costs. In fact, wages remain

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Speaker 2: the main issues hurting consumer confidence. Even though it is

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Speaker 2: up just a little bit. This is all good news.

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Speaker 2: We need business to be confident, we want them to invest.

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Speaker 2: The outlook for the next twelve months is better than

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Speaker 2: twenty twenty four. We're seeing that in the sheer market

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Speaker 2: already and now this suggest we're seeing it amongst more businesses.

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Speaker 2: As well.

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Speaker 1: Yeah, that's a bit of good news now. Story number three,

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Speaker 1: the Toyota Rav four has knocked off the trade's friends

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Speaker 1: the Ford Ranger UT and Toyota Highlux to be the

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Speaker 1: highest selling car in the country.

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Speaker 2: And the other part of this story, electric vehicle sales

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Speaker 2: were at their lowest level as the proportion of new

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Speaker 2: cars purchased in more than two years. The data shows

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Speaker 2: that hybrids are now the environmentally aware car of choice.

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Speaker 2: In fact, last month, hybrids accounted for seventeen percent of

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Speaker 2: car sales evs just four point four percent. That's according

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Speaker 2: to the Federal Chamber of Automotive Industries. Total new vehicle

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Speaker 2: sales last month were eighty seven thousand. That's down from

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Speaker 2: a year ago. A bit of a disappointing month really

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Speaker 2: for January. The biggest manufacturers in order Toyota, Masda, Ford, Kia,

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Speaker 2: and Mitsubishi.

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Speaker 1: Story number four. Tasmania, Sean has emerged as the healthiest

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Speaker 1: place to live in the country, with lower environmental risks

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Speaker 1: and better climate conditions resulting in a lower mortality rate

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Speaker 1: compared to other cities and places around the country.

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Speaker 2: A study by public health researchers at Monas University reported

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Speaker 2: in the finn Review looked at two thousand cities, towns

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Speaker 2: and suburbs across the nation. They combined data on a

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Speaker 2: dozen factors contributing to health, such as air quality, access

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Speaker 2: to green spaces, temperature, socioeconomic factors, even things like cardio

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Speaker 2: or rates of cardiovascular disease and other indicators. Howe about

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Speaker 2: at the top Darwin at the bottom of the environmental

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Speaker 2: quality health index Now Darwin. Issue with Darwin is extreme

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Speaker 2: heat and low incomes. After Hebert we had in order Melbourne, Adelaide, Sydney, Brisbane, Perth, Canberra.

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Speaker 2: Rural areas generally fared worse than urban areas. It's the

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Speaker 2: second time this study has been done. The good news

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Speaker 2: for Darwen is that it's actually improving. The reading for

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Speaker 2: Darwines improving as it is with Perth, though the other

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Speaker 2: capital cities are going the wrong way.

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Speaker 1: Sean story number five. Victorian Premier Justinta Allen has confirmed

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Speaker 1: the state will host NFL games American football, with the

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Speaker 1: first game held next year, of course at the MCG.

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Speaker 2: Of course it's at the MCG. An average of twenty

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Speaker 2: million Americans tuned into each each NFL game last year.

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Speaker 2: In addition to millions of international viewers. It's big time.

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Speaker 2: The Los Angeles Rams will be the mcg's host team

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Speaker 2: and the games were part of the American Football regular season.

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Speaker 2: The contract is for two games, with an option for

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Speaker 2: a third. Justinta Allen said the multi year deal was

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Speaker 2: another touchdown for the sporting capital of Australia. Here you go.

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Speaker 2: She wouldn't comment on the price of the deal, though,

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Speaker 2: I said it was commercial and confidence.

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Speaker 1: All right, there we go, the top five business stories

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Speaker 1: in five minutes. Thank you Sean, Thank you Michael. It

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Speaker 1: is Friday, the seventh of February twenty twenty five. Remember

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Speaker 1: to hit follow on the podcast, and if five minutes

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Speaker 1: isn't enough, you can find our longer daily show called

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Speaker 1: Fear and Greed wherever you listen to podcasts by Michael Thompson.

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Speaker 1: And that was the past five business news by Fear

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Speaker 1: and Greed. Have a great day.