1 00:00:03,880 --> 00:00:06,600 Speaker 1: It's Monday, the twenty eighth of July twenty twenty five. 2 00:00:06,720 --> 00:00:09,400 Speaker 1: Welcome to the Fast five Business News by Fear and Greed, 3 00:00:09,440 --> 00:00:11,720 Speaker 1: where we give you the top five business stories you 4 00:00:11,760 --> 00:00:14,080 Speaker 1: need to know in just five minutes. A'm Michael Thompson 5 00:00:14,160 --> 00:00:15,600 Speaker 1: and good morning Sean Alem. 6 00:00:15,680 --> 00:00:17,360 Speaker 2: Good morning Michael, Sean. 7 00:00:17,400 --> 00:00:19,680 Speaker 1: Five stories, five minutes, let's go. Story number one. Prime 8 00:00:19,720 --> 00:00:24,520 Speaker 1: Minister Anthony Alberizi has joined the growing global clamor against Israel, 9 00:00:25,000 --> 00:00:28,720 Speaker 1: all but accusing the country of breaching international law by 10 00:00:28,760 --> 00:00:32,320 Speaker 1: stopping food and medical supplies being provided to tens of 11 00:00:32,360 --> 00:00:34,200 Speaker 1: thousands of Palestinian refugees. 12 00:00:34,320 --> 00:00:36,640 Speaker 2: Asked for the Israel is breaching international law, the Prime 13 00:00:36,680 --> 00:00:39,160 Speaker 2: Minister said, it's a breach of international law to stop 14 00:00:39,200 --> 00:00:41,880 Speaker 2: food being delivered, which is the decision that Israel made 15 00:00:41,880 --> 00:00:44,360 Speaker 2: in March. He went on to say on ABC's in Siders, 16 00:00:44,440 --> 00:00:47,360 Speaker 2: it's also a breach of decent humanity and of morality 17 00:00:47,400 --> 00:00:49,320 Speaker 2: and everyone can see that now. Over the past week, 18 00:00:49,360 --> 00:00:52,280 Speaker 2: Australia joined more than thirty countries, including the United Kingdom, 19 00:00:52,360 --> 00:00:55,840 Speaker 2: Canada and New Zealand, signing a letter condemning the inhumane 20 00:00:55,920 --> 00:01:00,520 Speaker 2: killing of starving Palestinians seeking food, water, and medicines. He said, 21 00:01:00,600 --> 00:01:04,160 Speaker 2: while he supports Israel and it's right to defend itself, 22 00:01:04,440 --> 00:01:07,720 Speaker 2: it's wrong to hold innocent people responsible for Mass's actions 23 00:01:07,720 --> 00:01:11,360 Speaker 2: on October seven, when the terrorist organization killed twelve hundred 24 00:01:11,400 --> 00:01:14,160 Speaker 2: Israelis in a bloody incursion across the Gaza border. 25 00:01:14,800 --> 00:01:17,760 Speaker 1: So what happens now? Will the government consider following France 26 00:01:17,920 --> 00:01:21,520 Speaker 1: and recognizing Palestinian statehood at the UN General Assembly? 27 00:01:21,680 --> 00:01:24,760 Speaker 2: In short, no, at least not now. Albanezi said a 28 00:01:24,800 --> 00:01:27,520 Speaker 2: decision will be made at an appropriate time. It isn't 29 00:01:27,560 --> 00:01:30,280 Speaker 2: an easy decision. The Prime Minister said. Hamas needs to 30 00:01:30,319 --> 00:01:34,039 Speaker 2: be excluded from any government to ensure lasting peace. The 31 00:01:34,120 --> 00:01:36,560 Speaker 2: main reason Israel has given for not allowing food and 32 00:01:36,600 --> 00:01:39,759 Speaker 2: medical supplies in is because it argues it's being stolen 33 00:01:39,840 --> 00:01:42,640 Speaker 2: by Hamas. Now, over the weekend, the reports that the 34 00:01:42,680 --> 00:01:45,520 Speaker 2: Israeli military never found proof that that was actually happening. 35 00:01:46,160 --> 00:01:49,520 Speaker 2: Those sorts of reports, alongside some of the harrowing pictures 36 00:01:49,520 --> 00:01:53,360 Speaker 2: of children and adults dying from starvation, have pushed many 37 00:01:53,440 --> 00:01:57,240 Speaker 2: nations to take a stronger line against Israel. Israel did 38 00:01:57,240 --> 00:02:00,000 Speaker 2: respond in the past thirty six hours or so, Parachute 39 00:02:00,160 --> 00:02:03,160 Speaker 2: Aid into gazas, saying it aims to improve the humanitarian 40 00:02:03,200 --> 00:02:06,480 Speaker 2: response in the Gaza strip, but it's refuting what it 41 00:02:06,560 --> 00:02:08,880 Speaker 2: says are false claims of deliberate starvation. 42 00:02:09,360 --> 00:02:11,600 Speaker 1: Okay, I'm just sorry number two now, Sean. And the 43 00:02:11,720 --> 00:02:15,560 Speaker 1: decision to allow US beef imports into Australia continues to 44 00:02:15,600 --> 00:02:19,000 Speaker 1: cause tension, with the Prime Minister and the Trade Minister 45 00:02:19,080 --> 00:02:23,440 Speaker 1: Don Farrell saying well opposite things. Yesterday about discussions with 46 00:02:23,560 --> 00:02:24,480 Speaker 1: Donald Trump. 47 00:02:24,200 --> 00:02:27,360 Speaker 2: Started with Don Farrell telling Sky News that Trump directly 48 00:02:27,400 --> 00:02:31,600 Speaker 2: asked Alberansi about the biosecurity laws to enable American beef 49 00:02:31,600 --> 00:02:35,040 Speaker 2: to be sold into Australia. Opposition Foreign Affairs spakesperson Michaulia 50 00:02:35,120 --> 00:02:37,240 Speaker 2: Cash jumped on that one, accusing the government of trading 51 00:02:37,240 --> 00:02:40,040 Speaker 2: away as Tralie's strict biosecurity laws to carry favor with 52 00:02:40,040 --> 00:02:44,480 Speaker 2: the Trump administration. Then later in the day, Albanezi contradicted Farrell, 53 00:02:44,520 --> 00:02:48,000 Speaker 2: saying he's never discussed Australia's ban on US beef in 54 00:02:48,040 --> 00:02:50,560 Speaker 2: a phone call with Donald Trump. Farrell then came out 55 00:02:50,560 --> 00:02:53,640 Speaker 2: and said, sorry, I made a mistake. If that's just 56 00:02:53,639 --> 00:02:55,800 Speaker 2: a mistake, it's a whopper, but who knows. 57 00:02:56,040 --> 00:02:59,680 Speaker 1: Yeah, Okay, story number three. A solid weekend for Hi 58 00:02:59,760 --> 00:03:03,640 Speaker 1: Mocks another one, really surean The preliminary clearance rate rose 59 00:03:03,680 --> 00:03:06,600 Speaker 1: to just under seventy five percent. It's basically at a 60 00:03:06,600 --> 00:03:07,400 Speaker 1: twelve month high. 61 00:03:07,520 --> 00:03:09,480 Speaker 2: It is, I mean, it's solid. It's probably even better 62 00:03:09,520 --> 00:03:09,960 Speaker 2: than solid. 63 00:03:10,000 --> 00:03:11,280 Speaker 1: I mean I undersold them. 64 00:03:11,360 --> 00:03:13,720 Speaker 2: Yeah, you did a bit. Look, Melbourne's the busiest market. 65 00:03:13,760 --> 00:03:16,160 Speaker 2: It's clear and straight at seventy six percent. It's had 66 00:03:16,200 --> 00:03:20,280 Speaker 2: twelve months of seventy percent plus clearance straight five times 67 00:03:20,280 --> 00:03:23,120 Speaker 2: and six weeks above seventy five percent. We've seen prices rising. 68 00:03:23,160 --> 00:03:25,480 Speaker 2: It's fair to say in Melbourne is the hot market 69 00:03:25,480 --> 00:03:27,959 Speaker 2: at the moment. Sidney came in at seventy four percent. 70 00:03:28,040 --> 00:03:32,560 Speaker 2: That market's doing pretty well too. Brisbane adelaide, they've come 71 00:03:32,639 --> 00:03:35,720 Speaker 2: back somewhat from last year. The result over the last 72 00:03:35,800 --> 00:03:38,000 Speaker 2: seven days has come off a high number of auctions. 73 00:03:38,440 --> 00:03:41,080 Speaker 2: It just augus really well for the spring selling season, 74 00:03:41,080 --> 00:03:43,680 Speaker 2: which Michael is only four or five weeks away. If 75 00:03:43,680 --> 00:03:45,640 Speaker 2: we get another interest rate cut between now and then, 76 00:03:45,880 --> 00:03:47,800 Speaker 2: could be a good time to sell your house. 77 00:03:48,160 --> 00:03:51,320 Speaker 1: It's exciting times. Story number four. I love this story. 78 00:03:51,400 --> 00:03:55,080 Speaker 1: A and Zed's new chief executive Nunomatos, has told staff 79 00:03:55,080 --> 00:03:58,280 Speaker 1: that he doesn't want presentations of more than five pages, 80 00:03:58,720 --> 00:04:03,440 Speaker 1: saying it shows respect for everyone's time. Can I have 81 00:04:03,520 --> 00:04:04,800 Speaker 1: a Hallelujah. 82 00:04:04,200 --> 00:04:07,560 Speaker 2: Show Aaleli, Michael ALII, and in company white email, Matos 83 00:04:07,800 --> 00:04:11,480 Speaker 2: said set out what he called two simple changes. What 84 00:04:11,560 --> 00:04:15,200 Speaker 2: he called two what he called that sign Ali, Louia 85 00:04:15,200 --> 00:04:17,640 Speaker 2: and Michael in a company white email, Mattos set out 86 00:04:17,640 --> 00:04:21,120 Speaker 2: what he called two simple changes. The first, presentations be 87 00:04:21,200 --> 00:04:23,680 Speaker 2: restricted to a maximum of five pages, because limiting the 88 00:04:23,760 --> 00:04:26,560 Speaker 2: number of pages helps ensure messages are focused, Plus it 89 00:04:26,600 --> 00:04:29,680 Speaker 2: shows respect for everyone's time. He then explained the style 90 00:04:29,760 --> 00:04:33,240 Speaker 2: he likes an introduction, then the problem more opportunity than 91 00:04:33,240 --> 00:04:37,080 Speaker 2: the proposed solution, supporting evidence Slide five and next steps 92 00:04:37,880 --> 00:04:40,839 Speaker 2: There you go, less than five pages even better. The 93 00:04:40,920 --> 00:04:43,680 Speaker 2: second change, every meeting should now have a purpose and 94 00:04:43,760 --> 00:04:46,960 Speaker 2: agenda shared ahead of time, cleared as e haight outcomes 95 00:04:47,000 --> 00:04:49,640 Speaker 2: stated at the start of the meeting, and action items 96 00:04:49,640 --> 00:04:52,560 Speaker 2: and deadlines set at the end of the meeting. Loving 97 00:04:52,600 --> 00:04:53,760 Speaker 2: the bloke already. 98 00:04:53,640 --> 00:04:56,760 Speaker 1: Oh yeah? Story number five last one, a fusion energy 99 00:04:56,880 --> 00:05:01,400 Speaker 1: startup claims to have solved the millennium old challenge of 100 00:05:01,480 --> 00:05:03,960 Speaker 1: how to turn other metals into gold. 101 00:05:04,200 --> 00:05:07,480 Speaker 2: So Alchemy has been pursued by civilizations as far back 102 00:05:07,520 --> 00:05:10,760 Speaker 2: as ancient Egypt. Now it's not Egypt, it's a bunch 103 00:05:10,760 --> 00:05:13,919 Speaker 2: of people in San Francisco. A company called Marathon Fusion, 104 00:05:14,040 --> 00:05:17,280 Speaker 2: a startup. It beckons it can do it. It's focusing 105 00:05:17,360 --> 00:05:20,720 Speaker 2: on using nuclear fusion to generate power. It's at the 106 00:05:20,760 --> 00:05:25,919 Speaker 2: same process could be able to produce gold from mercury. 107 00:05:26,160 --> 00:05:28,960 Speaker 2: In an academic paper published last week, Marathon proposes that 108 00:05:29,040 --> 00:05:33,040 Speaker 2: neutrons released in fusion reactions could be used to produce 109 00:05:33,080 --> 00:05:36,320 Speaker 2: gold for a process known as nuclear transmutation. According to 110 00:05:36,360 --> 00:05:39,839 Speaker 2: reporting the Financial Times, paper has not yet been peer reviewed, 111 00:05:39,839 --> 00:05:42,760 Speaker 2: but it has had positive a positive reception from some 112 00:05:42,920 --> 00:05:45,400 Speaker 2: experts in the field. So well worth mention on the 113 00:05:45,440 --> 00:05:46,000 Speaker 2: Fast five. 114 00:05:46,200 --> 00:05:48,880 Speaker 1: Oh completely agree. There we go the top five business 115 00:05:48,880 --> 00:05:51,200 Speaker 1: stories in five minutes. Thank you very much, Sean, Thank you, Michael. 116 00:05:51,279 --> 00:05:54,520 Speaker 1: It is Monday, the twenty eighth of July twenty twenty five. 117 00:05:54,839 --> 00:05:57,159 Speaker 1: Remember to hit follow on the podcast and if five 118 00:05:57,200 --> 00:05:59,480 Speaker 1: minutes isn't enough, you can find our longer daily show 119 00:05:59,520 --> 00:06:02,360 Speaker 1: called Fear and Grade wherever you listen to podcasts. I'm 120 00:06:02,360 --> 00:06:04,640 Speaker 1: Michael Thompson and that was the Fast five Business News 121 00:06:04,640 --> 00:06:09,240 Speaker 1: by Fear and grade, have a great day, m HM.