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Speaker 1: It's Friday, the twelfth of September 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 Ailmer.

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Speaker 2: Good morning, Michael, Sean.

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Speaker 1: Five stories, five minutes, let's go Story number one. Opposition

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Speaker 1: leader Susan Lee says her leadership of the Liberal Party

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Speaker 1: is absolutely not under threat after her decision to acts

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Speaker 1: Northern Territory Senator just sent a number gin pro Price

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Speaker 1: from the front bench. But it's never a good sign

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Speaker 1: when you've got to come out and tell people that

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Speaker 1: nothing is happening, because the chatter is continuing.

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Speaker 2: Yes, Miss Lee is under pressure from all sides over

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Speaker 2: how she handled Senator Price dumped. Back bench of Jane

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Speaker 2: Hume has been critical of how Lee has handled the situation. Yesterday,

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Speaker 2: front bencher Andrew Hasey made a mess of his support

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Speaker 2: for Lee, denying any moves underway to replace her, then

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Speaker 2: confirming he has a desire to lead. Opposition Finance spokesperson

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Speaker 2: Jane Patterson publicly declared his support for Lee, but the

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Speaker 2: fact that there's a debate is not good for the

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Speaker 2: Liberal leader, and some Liberal front benches have declared their

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Speaker 2: support Flee, but already as saying they expect Price to

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Speaker 2: return to the front bench at some point. Yesterday, Lee

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Speaker 2: formally apologized for Senator Price's false claim that the government

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Speaker 2: was bringing Indian migrants to Australia to pad its vote.

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Speaker 1: Meanwhile, Prime Minister Anthony Alberneazy yesterday signed a treaty in

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Speaker 1: the Solomon Islands establishing the Pacific Resilience Facility. Though shown

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Speaker 1: the signing was somewhat overshadowed by the shirt that the

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Speaker 1: Prime Minister wore.

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Speaker 2: He wore the wrong colored shirt. All the dignitores were

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Speaker 2: seat in the same blue shirt. Albo turns up with

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Speaker 2: a pinkish red one. He certainly stood out. He exited

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Speaker 2: stage left and came back with the proper shirt on.

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Speaker 2: The treaty will finance small scale projects that will bolster

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Speaker 2: the region's resilience to climate change and natural disasters. Australia

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Speaker 2: will contribute one hundred million dollars.

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Speaker 1: Okay, moving on to story number two now in the

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Speaker 1: Federal government's big bat on, SI has more than doubled

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Speaker 1: in value with the quantum computing startup now worth ten

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Speaker 1: point six billion dollars after a capital raise that drew

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Speaker 1: in artificial intelligence Giant and Video as an investor.

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Speaker 2: Thi Quantum is attempting to build the world's first quantum computer,

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Speaker 2: a new type of computing that could have transformative commercial

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Speaker 2: and societal implications. It's based in Brisbane. It secured a

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Speaker 2: billion US dollars in its latest funding round, which helped

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Speaker 2: boost its valuation to seven billion US dollars according to

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Speaker 2: the finn In addition to the money from Nvidia's venture

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Speaker 2: capital arms, thigh Quantum said it will be collaborating with

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Speaker 2: a chip giant in a range of areas, including applications

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Speaker 2: and algorithms and hardware integration. The federal and Queensland governments

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Speaker 2: became investors last last year after providing nine hundred and

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Speaker 2: forty million dollars in funding to sigh Quantum. Two of

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Speaker 2: the company's founders, including chief executive JEREMYO O'Brien, are actually

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Speaker 2: Australian now. The promise of quantum computing lies in its

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Speaker 2: capacity to solve complex problems exponentially faster than traditional computers.

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Speaker 2: The only thing is that one hasn't been built yet.

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Speaker 2: But that's what side quantum is all about.

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Speaker 1: That's a minor detail, really, isn't it. Sean. Moving on

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Speaker 1: now to story number three, Quantus ranks seventeenth among global

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Speaker 1: airlines for its loyalty program, though the carrier has been

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Speaker 1: singled out for improvement in customer service and that's now

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Speaker 1: global survey of airlines.

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Speaker 2: Flying Blue, the joint loyalty program of Air France and

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Speaker 2: KLM top the annual survey by point dot me, a

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Speaker 2: US based points and travel rewards search engine. Next was

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Speaker 2: Singapore Airlines Chris Flier my personal favorite and Cat Pacific's

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Speaker 2: Asia Miles Quite has improved its position from twenty fourth

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Speaker 2: on the previous survey, still rated poor for redemption rates

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Speaker 2: and the ability to hold award seats. Vergin Australia didn't

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Speaker 2: make the list with its largely domestic network. Now, over

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Speaker 2: the past six months, Quantus has increased the number of

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Speaker 2: points required to book Classic Plus seats in premium cabins

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Speaker 2: by about eighteen percent. The costs for its cheaper Classic

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Speaker 2: Reward seats also increased. Last month, Points dot Me did

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Speaker 2: give cutos to Quantis, though for improving customer service.

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Speaker 1: All right. Story number four a really serious one here,

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Speaker 1: Shawn Senior. Australian politicians from across the political spectrum have

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Speaker 1: expressed shock and concern over the fatal shooting of prominent

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Speaker 1: US conservative activist Charlie Kirk.

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Speaker 2: Acting Prime Minister Richard Miles and Liberal Senator James Patterson

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Speaker 2: both sent their condolences to Kirk's family and were alarmed

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Speaker 2: by the escalation of political violence in the United States.

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Speaker 2: Kirk which shot dead at a university event in Utah

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Speaker 2: in what Donald Trump condemned as a henous assassination and

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Speaker 2: a dark moment from America. I quote Donald Trump for

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Speaker 2: years that those on the radical left have compared wonderful

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Speaker 2: Americans like Charlie to Nazis and the world's worst mass

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Speaker 2: murderers and criminals. Trump said, this kind of rhetoric is

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Speaker 2: directly responsible for the terrorism that we're seeing in our

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Speaker 2: country today, and it must stop right now. The shooting

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Speaker 2: was widely condemned across the board, Republicans, Democrats alike.

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Speaker 1: Change of pace for the last story story number five Seawan.

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Speaker 1: The intensive, fying hunt for life on Mars has found

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Speaker 1: minerals in a rocky crater that suggests that biological activity

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Speaker 1: may have taken place there.

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Speaker 2: NASA's Perseverance rover dugout mudstones flecked with iron containing compounds,

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Speaker 2: notable because similar structures on Earth are thought to be

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Speaker 2: chemical evidence of living organisms. According to the fteam, researchers

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Speaker 2: now want to bring the samples back from Mars to

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Speaker 2: establish whether they do indeed show life there. I know

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Speaker 2: it sounds a bit of a stretch here, but san

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Speaker 2: Jeev Gupta, a planetary scientist at Imperial College and co

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Speaker 2: author of the research published in Nature, said it's the

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Speaker 2: first time we've had something in the rocks that asked

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Speaker 2: that question, could it be life? Seawan Duffy, NASA's acting

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Speaker 2: administrative told reporters this very well could be the clearest

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Speaker 2: sign of life that we've ever found on Mars. Mars

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Speaker 2: is speculated to have had a habitable surface billions of

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Speaker 2: years ago until solar winds and radiation stripped it of

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Speaker 2: its atmosphere.

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Speaker 1: All right, there, we go to the top four five

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

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Speaker 1: It is Friday, the twelfth 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 if you listen to podcasts. I'm

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Speaker 1: Michael Thompson and that was the past five Business news

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Speaker 1: by Fear and Greed. Had a great day,