1
00:00:03,320 --> 00:00:06,480
Speaker 1: It's Tuesday, the eighteenth of March twenty twenty five. Welcome

2
00:00:06,480 --> 00:00:08,879
Speaker 1: to the Fast five Business News by Fear and Agreed,

3
00:00:08,920 --> 00:00:10,720
Speaker 1: where we give you the top five business stories you

4
00:00:10,800 --> 00:00:13,160
Speaker 1: need to know in just five minutes. I'm Michael Thompson

5
00:00:13,200 --> 00:00:16,479
Speaker 1: and good morning Sean Alemon, Morning Michael Shawn. Five stories

6
00:00:16,520 --> 00:00:18,560
Speaker 1: in five minutes. Let's go a story number one. The

7
00:00:18,600 --> 00:00:22,400
Speaker 1: political climate is heating up, with the poles not being

8
00:00:22,440 --> 00:00:26,280
Speaker 1: particularly positive for Opposition leader Peter Dutton. Yesterday, he blamed

9
00:00:26,360 --> 00:00:29,840
Speaker 1: government mud slinging for his less favorable showing in polls

10
00:00:29,880 --> 00:00:32,600
Speaker 1: in recent weeks, adding that he won't change his ways.

11
00:00:32,760 --> 00:00:36,600
Speaker 1: The AFR fresh Water Strategy poll shows Peter Dutton's personal

12
00:00:36,720 --> 00:00:39,559
Speaker 1: ratings down for two months in a row. Anthony Alberanezi

13
00:00:39,680 --> 00:00:42,560
Speaker 1: is once again the preferred prime minister. That's the first

14
00:00:42,560 --> 00:00:45,720
Speaker 1: time he's had a clear cut lead since October last year.

15
00:00:46,159 --> 00:00:50,320
Speaker 1: The coalition's primary vote has also slipped, hurting prospects of

16
00:00:50,320 --> 00:00:53,280
Speaker 1: a coalition victory, and though on a two party preferred basis,

17
00:00:53,520 --> 00:00:56,480
Speaker 1: the coalition is ahead fifty one to forty nine percent.

18
00:00:56,960 --> 00:00:59,200
Speaker 1: The fresh Water Strategy Group did some work.

19
00:00:59,040 --> 00:01:01,560
Speaker 2: On the numbers. They said the most likely outcome is

20
00:01:01,600 --> 00:01:05,600
Speaker 2: the ALP seventy one seats coalition sixty six seats, meaning

21
00:01:05,720 --> 00:01:08,959
Speaker 2: Labor will need the support of five independents and or

22
00:01:09,040 --> 00:01:10,039
Speaker 2: Greens to govern.

23
00:01:10,480 --> 00:01:13,880
Speaker 1: While we're talking politics, Peter Dutton says the coalition will

24
00:01:13,920 --> 00:01:19,840
Speaker 1: introduce US style organized crime law legislation giving police powers

25
00:01:19,840 --> 00:01:22,560
Speaker 1: to target the leadership of groups that engage in patterns

26
00:01:22,600 --> 00:01:23,560
Speaker 1: of criminal behavior.

27
00:01:23,760 --> 00:01:27,120
Speaker 2: He was responding to news of alleged corrupt behavior involving

28
00:01:27,160 --> 00:01:31,360
Speaker 2: by kids in the CFMEU on Victorian building sites, including

29
00:01:31,360 --> 00:01:34,000
Speaker 2: the bashing of women. The laws that mean that bosses

30
00:01:34,120 --> 00:01:37,160
Speaker 2: and king pins of groups such as the outlaw motorcycle

31
00:01:37,160 --> 00:01:40,039
Speaker 2: gangs could be jailed even if they distance themselves from

32
00:01:40,200 --> 00:01:43,320
Speaker 2: crime their organizations commit. According to the Finn Review. He

33
00:01:43,440 --> 00:01:47,160
Speaker 2: called the CFMEU a modern day mafia corporation with an

34
00:01:47,360 --> 00:01:51,640
Speaker 2: entrenched culture of criminality in corruption. The coalition will introduce

35
00:01:51,680 --> 00:01:53,760
Speaker 2: the legislation as suitors next week and has called on

36
00:01:53,840 --> 00:01:56,400
Speaker 2: Labour to support at The opposition also wants to restore

37
00:01:56,400 --> 00:02:00,120
Speaker 2: the Australian Building and Construction Commission and de register the

38
00:02:00,520 --> 00:02:02,040
Speaker 2: Meyear's Construction Division.

39
00:02:02,480 --> 00:02:05,840
Speaker 1: Story number two is one that will probably surprise nobody

40
00:02:06,040 --> 00:02:10,560
Speaker 1: at all. Sean the competition watchdog says airports at Melbourne, Sydney,

41
00:02:10,600 --> 00:02:13,960
Speaker 1: Brisbane and Perth have never been more profitable and income

42
00:02:14,000 --> 00:02:15,680
Speaker 1: from parking lots is surging.

43
00:02:15,800 --> 00:02:19,240
Speaker 2: Yes. The Australian Competition and Consumer Commission's latest Airport monitoring

44
00:02:19,320 --> 00:02:22,760
Speaker 2: report for the last financial year shows revenues at Melbourne, Sydney,

45
00:02:22,760 --> 00:02:26,760
Speaker 2: Brisbane and Perth increasing twenty three percent. TATL passengers was

46
00:02:26,919 --> 00:02:30,600
Speaker 2: one hundred and fifteen million for domestic and international, though

47
00:02:30,639 --> 00:02:34,120
Speaker 2: it's still about five percent below pre pandemic levels. Across

48
00:02:34,160 --> 00:02:38,160
Speaker 2: the four airports are billion dollars comes from aeronautical operations,

49
00:02:38,560 --> 00:02:42,360
Speaker 2: three eighty eight million, three eighty eight million from car parks,

50
00:02:42,360 --> 00:02:45,520
Speaker 2: seventy million dollars from transport access services on the car

51
00:02:45,600 --> 00:02:48,680
Speaker 2: parks if you go to a terminal in Sydney and Brisbane,

52
00:02:48,720 --> 00:02:52,040
Speaker 2: twenty three bucks for thirty to sixty minutes outrageous, seventy

53
00:02:52,040 --> 00:02:53,760
Speaker 2: in bucks at Perth, fifteen bucks at Melbourne.

54
00:02:53,760 --> 00:02:55,760
Speaker 1: A lot of money. Moving up to story A number

55
00:02:55,760 --> 00:03:00,520
Speaker 1: three now the Edelman Annual Trust Barometer painter a bleak

56
00:03:00,680 --> 00:03:03,079
Speaker 1: picture with the jump in People worry that they're being

57
00:03:03,160 --> 00:03:05,959
Speaker 1: lied to by government, by business leaders and by journalists

58
00:03:05,960 --> 00:03:06,200
Speaker 1: as well.

59
00:03:06,200 --> 00:03:08,840
Speaker 2: Shown it's a fairly dismal view of people's attitudes towards

60
00:03:08,840 --> 00:03:11,880
Speaker 2: institutions looks at twenty eight countries. In Australia, more than

61
00:03:11,919 --> 00:03:15,200
Speaker 2: eleven hundred people responded. Around half of respondents are worried

62
00:03:15,240 --> 00:03:17,800
Speaker 2: about their jobs. They're threatened by trade conflicts of potential

63
00:03:17,880 --> 00:03:23,279
Speaker 2: recession automation. People with less money generally are less trustful,

64
00:03:23,560 --> 00:03:26,919
Speaker 2: though the majority believe the rich take more than their

65
00:03:26,960 --> 00:03:31,000
Speaker 2: fair share. Somewhat disconcerningly, nearly one in three ce hostile

66
00:03:31,120 --> 00:03:33,920
Speaker 2: activism as a viable means to drive change, but around

67
00:03:33,960 --> 00:03:36,480
Speaker 2: seventy five percent of workers in Australia at least trust

68
00:03:36,520 --> 00:03:39,800
Speaker 2: their employers to do the right thing, demonstrating the increasingly

69
00:03:39,840 --> 00:03:41,440
Speaker 2: important role business plays.

70
00:03:41,680 --> 00:03:44,840
Speaker 1: Story number four. The new five dollar note is breaking

71
00:03:44,880 --> 00:03:48,640
Speaker 1: from tradition, dropping the portrait of the monarch and replacing

72
00:03:48,640 --> 00:03:52,160
Speaker 1: it with a design to recognize First Nations peoples enduring

73
00:03:52,160 --> 00:03:53,120
Speaker 1: connection to country.

74
00:03:53,200 --> 00:03:56,520
Speaker 2: So the Reserve Bank has now invited artists to contribute

75
00:03:56,720 --> 00:04:00,040
Speaker 2: based on the idea of First Nations contribution to the

76
00:04:00,080 --> 00:04:04,400
Speaker 2: restoration and conservation of the environment. Queen Elizabeth is currently

77
00:04:04,480 --> 00:04:07,680
Speaker 2: on the five dollar polymer note, has been since nineteen

78
00:04:07,800 --> 00:04:10,760
Speaker 2: ninety two. On her death, the Reserve Bank said King

79
00:04:10,880 --> 00:04:13,800
Speaker 2: Charles wouldn't replace Queen Elizabeth. Don't know what he thought

80
00:04:13,840 --> 00:04:17,240
Speaker 2: about that one. They ran a design contest. Two thousand

81
00:04:17,279 --> 00:04:20,240
Speaker 2: submissions from the Australian public came up with the connection

82
00:04:20,320 --> 00:04:23,920
Speaker 2: to Country theme. Now they're asking for artists contributions to

83
00:04:23,960 --> 00:04:25,320
Speaker 2: come up with the final design.

84
00:04:25,600 --> 00:04:28,360
Speaker 1: Last one story number five. US President Donald Trump is

85
00:04:28,400 --> 00:04:31,839
Speaker 1: scheduled to speak to Russian President Vladimir Putin tonight, as

86
00:04:31,880 --> 00:04:35,120
Speaker 1: the US continues to push for an end to fighting

87
00:04:35,320 --> 00:04:37,240
Speaker 1: in Russia's three year war in Ukraine.

88
00:04:37,400 --> 00:04:40,359
Speaker 2: Donald Trump told reporters that we are doing pretty well.

89
00:04:40,360 --> 00:04:42,719
Speaker 2: I think in Russia. We'll find out more in the

90
00:04:42,720 --> 00:04:44,480
Speaker 2: next twenty four hours. I hope. He said, there's a

91
00:04:44,560 --> 00:04:47,680
Speaker 2: very good chance of a deal. Asked what concessions he'd

92
00:04:47,760 --> 00:04:50,800
Speaker 2: seek from Vladimir Putin to reach a deal, Donald Trump

93
00:04:50,880 --> 00:04:52,839
Speaker 2: said much of the discussion will be on land.

94
00:04:53,200 --> 00:04:55,120
Speaker 1: All right, there we go the top five business stories

95
00:04:55,120 --> 00:04:57,440
Speaker 1: in five minutes. Thank you very much, Sean, Thank you, Michael.

96
00:04:57,760 --> 00:05:00,520
Speaker 1: It is Tuesday, the eighteenth of March twent twenty five.

97
00:05:00,600 --> 00:05:02,800
Speaker 1: Remember to hit follow on the podcast, and if five

98
00:05:02,839 --> 00:05:05,320
Speaker 1: minutes isn't enough, you can find our longer daily show

99
00:05:05,400 --> 00:05:08,280
Speaker 1: called Fear and Greed wherever you listen to podcasts. I'm

100
00:05:08,320 --> 00:05:10,600
Speaker 1: Michael Thompson and that was the Fast five Business news

101
00:05:10,600 --> 00:05:16,159
Speaker 1: by Fear and Greed. Have a great day.