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Speaker 1: It's Monday, the twenty ninth of September twenty twenty five.

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Speaker 1: Welcome 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: We've got five big stories to race through in five minutes.

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Speaker 1: We better get going. We're story in number one. US

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Speaker 1: President Donald Trump's decision to place one hundred percent tariffs

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Speaker 1: on pharmaceuticals imported into the US. It has sent global

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Speaker 1: drug companies into a tailspin, and in Australia it's put

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Speaker 1: further pressure on one of the worst performing sectors on

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Speaker 1: the ASX.

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Speaker 2: Yeah, so the S and PASX two hundred Healthcare Index,

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Speaker 2: which is the third biggest on the morse. It's trading

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Speaker 2: around a fifty two week low, down eighteen percent of

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Speaker 2: the year this year. Compare that to consumer discretionary financials, industrials,

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Speaker 2: tech materials, property utilities. They're all trading close to year

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Speaker 2: highs or at least in the top quartal of their performance. Now,

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Speaker 2: the tariff's are bad news. Basically, we're still trying to

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Speaker 2: work out what it actually means for our two billion

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Speaker 2: dollars worth of exports. But there's a lot of other

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Speaker 2: issues running around the place. It should actually be a

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Speaker 2: golden age for the healthcare sector. There's an aging population

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Speaker 2: in Australia and globally, a prevalence of chronic diseases, rising

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Speaker 2: health care spending. It's just that global players are doing

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Speaker 2: a better job aggressively adopting AI for drug discovery, clinical

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Speaker 2: trial optimization and supply chain resilience compared to Australian companies,

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Speaker 2: according to analysts. Also, size matters because it allows diversification

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Speaker 2: of the healthcare companies and biotechs focus on treatments for

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Speaker 2: specific ailments, they're not really diversified. Also, we're very small markets.

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Speaker 2: They've got to go to Europe in US to play.

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Speaker 2: That's hard yaka.

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Speaker 1: John CSL has obviously been a poor performer, But I'm

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Speaker 1: trying to be an optimist here because there have been

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Speaker 1: some good ones like Sigma Healthcare and pro Medicus.

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Speaker 2: Yes, I mean Seeasel's gone backwards, never really recovered from

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Speaker 2: COVID and has spent poorly. Some of its sectors are

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Speaker 2: so as segments of its business aren't doing very well.

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Speaker 2: Other groups like Fisher and pay Call, Cochlear, Sonic, Ramsey, Ebos,

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Speaker 2: Telis Pharmaceuticals all gone backwards over the past twelve months.

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Speaker 2: But you're right. Sigma's done really well. It merged with

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Speaker 2: Chemist Warehouse. That is a bit of an anomaly. Meso

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Speaker 2: Blast has actually had some good results on clinical trials.

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Speaker 2: It's done pretty well. Then we've had the image in

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Speaker 2: group Promedicus, everyone's favorite last financially though it has flat line.

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Speaker 2: Resme's done pretty well new in pharmaceuticals, but many of

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Speaker 2: the companies just haven't really been able to keep up

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Speaker 2: all right.

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Speaker 1: Moving on to story number two now and Prime Minister

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Speaker 1: Anthony Alberizi says there will be no attempt at constitutional

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Speaker 1: change such as a referendum, while he is running the country.

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Speaker 2: His comments came after meeting King Charles the Third at

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Speaker 2: bound Moral. He told Abcason Signers program that instead the

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Speaker 2: government's concentrated on the cost of living, making a real

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Speaker 2: practical difference to people's lives. Now Alba had only promised

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Speaker 2: no referendums this term of parliament. The new Declaration ends

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Speaker 2: any prospect of Australia becoming a republic under Anthony Alberzi

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Speaker 2: or introducing four year terms that's something or both those

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Speaker 2: things things that Albinizi has said he believes in. He

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Speaker 2: said the Republic wasn't raised during his talks in lunch

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Speaker 2: with the King, though he hinted Michael that aucas was

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Speaker 2: probably because Charles clearly likes it. He pointedly raised the

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Speaker 2: pact in a speech in the presence of Donald Trump

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Speaker 2: last week.

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Speaker 1: Story number three sean the Quantus board has lifted the

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Speaker 1: bar for long term incentive plans, saying shares will only

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Speaker 1: vest if the airline's reputation score improves from average to

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Speaker 1: strong or excellent by twenty twenty eight.

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Speaker 2: Chief Executive Vanessa Hudson will have her shares at risk

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Speaker 2: and she'll be well rewarded, but only if she improves

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Speaker 2: Quantus's reputation. Now, Quantis has had a couple of horror

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Speaker 2: PI years. In last week in the Roy Morlogan rankings,

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Speaker 2: Quantus is one of the country's most distrusted brands. Under

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Speaker 2: the revised plan to be brought to shareholders at the

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Speaker 2: AGM on November seven, mss Hudson can actually earn more money,

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Speaker 2: but based on REPTRAC rankings, which is kind of the

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Speaker 2: industry standard QUANTUS needs to go from average ranking in

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Speaker 2: terms of reputation to strong to excellent.

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Speaker 1: Story number four. Employment Platforms Seek has unveiled its latest

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Speaker 1: list of hot jobs. Shown these are the roles that

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Speaker 1: are currently most in demand on the site and coming

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Speaker 1: in at number one administration and office support.

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Speaker 2: Yes, then comes in support worker in healthcare, educator, teachers,

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Speaker 2: store managers, accountants, nurses, truck drivers, electricians, and chefs. The

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Speaker 2: data shows that demand for health and care related moder

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Speaker 2: roles continues to grow. According to Sikh, part of that's

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Speaker 2: demographics baby boomer is getting older. Part of that a

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Speaker 2: people are more health conscious, and part lit's because the

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Speaker 2: NDIS has expanded. Truck drivers jump in demand for them, Michael,

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Speaker 2: as you may guess online delivery as well as a

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Speaker 2: pickup in the housing sector.

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Speaker 1: Last one, story number five, Hundreds of coffee shops the

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Speaker 1: size of shipping containers are springing up along US roadways

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Speaker 1: to serve Americans who want to drive through caffeine fix.

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Speaker 2: Yes, So there's a bunch of drive through chains in

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Speaker 2: the US now. Many of them lack seats, kitchen areas

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Speaker 2: as small as three fifty square feet. The drives through

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Speaker 2: model is very much in contrast to Starbucks, which is

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Speaker 2: going the other way. They want to make Starbucks inviting

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Speaker 2: places to connect and gather. Now, according to the FT,

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Speaker 2: fewer than half a Starbucks seventeen thousand US stores featured

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Speaker 2: drive through windows. Yet fifty nine percent of US consumers

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Speaker 2: who brought a cover of coffee last year picked it

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Speaker 2: up at a drive through. Quite incredible shares at Dutch Bro.

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Speaker 2: Maybe's Dutch Brothers, I'm not sure, but Dutch Brow the

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Speaker 2: largest list of drives through coffee specialists, have jumped sixty

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Speaker 2: four percent of the past year. Starbucks down fourteen percent.

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Speaker 2: Now thirty three five hundred chain coffee shops in the US,

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Speaker 2: with the drive throughs being the boom area.

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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 Monday, the twenty ninth of September twenty twenty five.

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

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

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Speaker 1: called Fear and Greed where if you listen to podcasts.

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Speaker 1: I'm Michael Tom and that was the fast five business

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Speaker 1: news by Fear and greed, have a great day,