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Speaker 1: It's Monday, the twenty sixth of January twenty twenty six,

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Speaker 1: Australia Day. Welcome to the Fast five Business News by

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Speaker 1: Fear and Greed, where we give you the top five

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Speaker 1: business stories you need to know in just five minutes.

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Speaker 1: Oh Michael Thompson 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 in number one.

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Speaker 1: Great place to start. The new Australian ambassador to the

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Speaker 1: US is Department of Defense Secretary Greg Moriarty, which is

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Speaker 1: a decision that was welcomed actually by all sides of

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Speaker 1: politics yesterday.

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Speaker 2: Moriarty will replace Kevin Runn, who will leave the coveted

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Speaker 2: diplomatic position a year early. A bureaucrat of note, Moriarty

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Speaker 2: served as former Liberal Prime Minister Malcolm Turbule's chief of staff.

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Speaker 2: He's been Ambassador to Iran and Indonesia, led the Defense

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Speaker 2: Department since twenty seventeen, meaning he knows all about the

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Speaker 2: Orchestra Nuclear Submarine agreement. And of course he's been appointed

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Speaker 2: by Labor Prime Minister Anthony Albernezi, breaking a tradition of

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Speaker 2: the past fifteen years. Like the last four ambassadors, the

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Speaker 2: appointees have come from the political party in power. That's

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Speaker 2: not the case. Yesterday, said he'd engaged extensively on the appointment,

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Speaker 2: including with the Trump administration in the US, and Greg

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Speaker 2: Moriarty was the best man for the job.

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Speaker 1: Just super quickly. Sewan, the Prime Minister, also announced that

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Speaker 1: the Canadian PM Mark Karney is going to come to

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Speaker 1: Australia in March.

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Speaker 2: Karne's everyone's favorite foreign leader at the moment because he

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Speaker 2: has enunciated that the old world order led by the

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Speaker 2: US is gone and Middle powers like Australia need to

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Speaker 2: get used to it. Carnege will address Parliament during his visit.

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Speaker 2: Albanezi said on ABC yesterday.

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Speaker 1: Okay story number two. Fidelity Internationals Global Sentiment Survey shows

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Speaker 1: more Australians are becoming concerned about their long term financial prospects,

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Speaker 1: with the country's workers saving less than almost any other

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Speaker 1: country in the past six months.

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Speaker 2: The annual survey, conducted with thirty eight thousand respondents across

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Speaker 2: thirty five markets, including US, Japan, China and Brazil, UK,

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Speaker 2: Saudi Arabia and Australia, aims to analyze the sentiment of

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Speaker 2: working adults towards their finances, health, work and life think

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Speaker 2: cost of living. In all this, according to the research,

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Speaker 2: seventy tiper cent of Stralian workers say the cost of

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Speaker 2: living impact of rising inflation is causing them stress. The

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Speaker 2: average around the region is about sixty four percent. The

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Speaker 2: research showed Australian's Australian workers are more likely to have

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Speaker 2: saved less in the past six months as opposed to

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Speaker 2: those who increased their savings. Main reason rising household expenses.

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Speaker 2: What it does show this survey house of living crisis

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Speaker 2: hasn't gone away.

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Speaker 1: Yeah, absolutely. Story number three. Delivery wars are heating up

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Speaker 1: with Gouzmani Gomez doing a multi year exclusive delivery partnership

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Speaker 1: deal with Uber Eats in Australia.

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Speaker 2: Under the agreement, Uber Eats will become Gusman's sole third

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Speaker 2: party delivery partner in this country from February twenty two,

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Speaker 2: Customers will be able to order from their local Gusman

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Speaker 2: via Uber Eats, alongside GYG Delivery, which is the company's

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Speaker 2: white label service actually powered by Uber anyway. Goozman said

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Speaker 2: the expanded partnership includes increased joint investment with Uber aimed

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Speaker 2: at lifting customer value and delivering improved commercial terms for

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Speaker 2: the restaurant chain and its franchisees. Delivery means a key

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Speaker 2: growth driver for Guisman, accounting for about twenty seven percent

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Speaker 2: of its total Australian sales in the last six months.

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Speaker 1: At story number four, China's highest ranking general Jiang Yushah

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Speaker 1: has been placed under investigation for serious violations of discipline,

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Speaker 1: in a move that leaves Jijinping in total control of

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Speaker 1: the armed forces.

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Speaker 2: Jung, the operational leader of the People's Liberation ARNEM Army,

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Speaker 2: had survived several rounds of military purges and was thought

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Speaker 2: close to untouchable as childhood friend of the president seventy

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Speaker 2: five year olds, also a member of the ruling pollop

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Speaker 2: Buro and one of the few Chinese military commanders with

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Speaker 2: combat experience, having fought in the country's nineteen seventy nine

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Speaker 2: war against Vietnam. His dismissal marks the high point of

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Speaker 2: Shei's year's long effort to root out corruption and disloyalty

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Speaker 2: within the top ranks of the military. It's also likely

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Speaker 2: to delay any attempt to seize Taiwan by force. Analyst

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Speaker 2: told The Telegraph of London.

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Speaker 1: Last one story number five, We'll love a good online

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Speaker 1: spat between business leaders and Elon Musk has asked his

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Speaker 1: followers on social media site whether he should buy Ryan

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Speaker 1: Air in the escalation of a dispute that began when

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Speaker 1: the carrier's CEO, Michael O'Leary ruled out adding Starlink Internet

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Speaker 1: to the airlines planes.

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Speaker 2: The past week. That Tesla boss has several times posted

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Speaker 2: on X about purchasing the airlines so he could fire

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Speaker 2: its chief executive. Then Musk posted a poll titled buy

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Speaker 2: Ryan Air and restore Ryan as their rightful ruler that

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Speaker 2: was viewed thirty million times. Only problem with that one,

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Speaker 2: Ryan Air found that Tony Ryan died in two thousand

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Speaker 2: and seven, so obviously he's not coming back. O'Leary hit back,

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Speaker 2: telling the Financial Times that Musk should spend less time

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Speaker 2: undressing women and children on X, which of course is

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Speaker 2: a reference to a feature that allowed users of the

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Speaker 2: social media site to use the grock ai tool to

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Speaker 2: alter images to remove clothing. That feature, of course has

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Speaker 2: since been disabled, but everyone remembers it. Under a year rules,

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Speaker 2: airlines based in the block must be majority owned by

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Speaker 2: nationals from within the area, so it's unlikely that Musk

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Speaker 2: would actually be allowed to do it still as you say,

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Speaker 2: love and online spat between rich.

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Speaker 1: Indeed, all right, there we go to the top five

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Speaker 1: business stories in five minutes. Thank you, Sean, Thanks Michael,

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Speaker 1: It's Monday, the twenty sixth of January twenty twenty six

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Speaker 1: remembered it 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. I'm Michael

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Speaker 1: Thompson and that was the fast five business news by

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Speaker 1: Fear and Greed. Have a great day.