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Speaker 1: Welcome to the Fear and Greed Business News Afternoon Report

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Speaker 1: for Monday, the fifteenth of September twenty twenty five. Are

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Speaker 1: Michael Thompson. Every afternoon, we've got the five stories that

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Speaker 1: happened today that you need to know about. Let's go

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Speaker 1: story number one. The SNPA SEX two hundred closed down

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Speaker 1: slightly today, just zero point one percent lower to eight

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Speaker 1: hundred and fifty three points. It doesn't sound like a

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Speaker 1: huge amount, but the local boss did have a pretty

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Speaker 1: strong lead in from Wall Street, with a record breaking

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Speaker 1: week last week for the S and P five hundred,

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Speaker 1: the Dow Jones, and the Nasdaq, all ahead of an

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Speaker 1: expected interest rate cut from the Fed later this week. Anyway, locally,

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Speaker 1: the gold miners did poorly, Evolution mining down more than

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Speaker 1: five percent. The price of the precious metal has eased

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Speaker 1: off a bit today, coming back from its record high

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Speaker 1: big jumps, though for lithium miners, Pilbrim Minerals was the

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Speaker 1: leader there that was up nine percent. The big banks

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Speaker 1: were mixed. A and Z was off zero points six percent.

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Speaker 1: After a degree, we had to pay a two hundred

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Speaker 1: and forty million dollar penalty to settle four legal cases

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Speaker 1: from the corporate watchdog Compwealth's Bank was lower two, but

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Speaker 1: NAB and Westpac both climbed wise. Tech Global Now that

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Speaker 1: was up nearly three percent. That was one of the

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Speaker 1: beneficiaries of the tech led surge on Wall Street on

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Speaker 1: to story number two now and the Coalition. The Federal

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Speaker 1: Coalition has recorded its lowest primary vote in newspoll history.

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Speaker 1: Now support for Susan Lee's party has slumped to twenty

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Speaker 1: seven percent, while Labor holds a commanding two party lead

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Speaker 1: of fifty eight to forty two percent. The minor parties, though,

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Speaker 1: are the winners really, which seems to be the message

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Speaker 1: in the resolve polling in nine newspapers that show's support

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Speaker 1: for Pauline Hanson's One Nation has hit a record high

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Speaker 1: of twelve percent. The result comes after a fairly tumultuous

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Speaker 1: couple of weeks for Liberal leader Susan Lee, including the

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Speaker 1: sacking of Senator Jacinta numperjin pro Price last week. Not

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Speaker 1: helping the coalition will be the release day of the

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Speaker 1: first National Climate Risk Assessment Report, which predicts a sharp

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Speaker 1: increase in heat deaths and hundreds of billions of dollars

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Speaker 1: in property damage if global warming isn't addressed, and that

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Speaker 1: is an issue that the Coalition just can't quite seem

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Speaker 1: to agree on. Under Story number three and shares in

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Speaker 1: Emoco jumped to a four year high today after the

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Speaker 1: mining services provider said that it had received unsolicited interest

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Speaker 1: from potential acquirers, not that anyone's actually stumped up a bid.

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Speaker 1: In a statement, the company said at this time no

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Speaker 1: party has put forward a proposal which warrants being progressed

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Speaker 1: to a binding proposal. The Australian reports that it is

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Speaker 1: a group in the US who is believed to be

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Speaker 1: interested in a potential buyout, and Co's share price climbed

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Speaker 1: seven point eight percent today. Story number four and staying

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Speaker 1: I suppose with investing. Commercial property is back sort of,

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Speaker 1: with positive sentiment now reported in every sector and every state.

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Speaker 1: The NAB Commercial Property Index is close to its highest

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Speaker 1: level in eight years, even though it did dip slightly

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Speaker 1: this quarter for the first time since twenty twenty two.

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Speaker 1: Though confidence in Melbourne's commercial property market has turned positive.

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Speaker 1: This is according to NAB's latest Commercial Property survey. The

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Speaker 1: optimism in commercial property, which has been the laggard of

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Speaker 1: the sector really since COVID, particularly in Melbourne, is being

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Speaker 1: driven by fewer empty officers, hopes that property values are

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Speaker 1: going to rise, and a generally brighter mood among developers

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Speaker 1: and investors, according to the report, And finally, storry number five.

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Speaker 1: I know this is not strictly business news, but it's

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Speaker 1: what people are talking about today. The Emmy Awards, which

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Speaker 1: are TV's Night of Nights, has seen HBO's low budget

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Speaker 1: medical drama The Pit named Best Drama, Apple TV Satire

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Speaker 1: The studio got Best Comedy. Netflix's Adolescence claimed Best Limited Series.

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Speaker 1: The Stars of Severance and Hacks also picked up awards.

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Speaker 1: In total, I find this interesting and Netflix tied for

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Speaker 1: top spot with thirty awards each. Apple TV collected twenty two,

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Speaker 1: and interestingly, CBS is The Late Show with Stephen Colbert

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Speaker 1: finally won Best Talk Series. It came months after the

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Speaker 1: network announced that the show was being axed, and the

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Speaker 1: host used his moment on stage to ask if anybody

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Speaker 1: in the room happened to be hiring. That's it for

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Speaker 1: the Afternoon Report for Monday, the fifteenth of September twenty

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Speaker 1: twenty five. Make sure you hit follow on the podcast,

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Speaker 1: and we'll be back tomorrow morning with the Tuesday edition

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Speaker 1: of the Fast five Business News by fear and Greed.

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Speaker 1: I'm Michael Thompson. Enjoy your evening,