1 00:00:03,880 --> 00:00:07,040 Speaker 1: It's Friday, the nineteenth of December twenty twenty five. Welcome 2 00:00:07,080 --> 00:00:09,440 Speaker 1: to the Fast five Business News by Fear and Agreed, 3 00:00:09,440 --> 00:00:11,320 Speaker 1: where we give you the top five business stories you 4 00:00:11,400 --> 00:00:13,640 Speaker 1: need to know in just five minutes. Oh Michael Thompson, 5 00:00:13,680 --> 00:00:14,960 Speaker 1: and good morning Sean Aylmer. 6 00:00:15,080 --> 00:00:16,800 Speaker 2: Good morning, Michael, Sean. 7 00:00:17,000 --> 00:00:19,560 Speaker 1: Five stories in five minutes. Let's go a story number one. 8 00:00:19,680 --> 00:00:21,760 Speaker 1: Good place to start, less than two weeks to go 9 00:00:21,840 --> 00:00:25,000 Speaker 1: before the end of the year. Small caps have outperformed 10 00:00:25,040 --> 00:00:28,600 Speaker 1: their large counterparts, with gold companies leading the way. Of 11 00:00:28,640 --> 00:00:31,680 Speaker 1: the major indices on the ASX, only the Tech index 12 00:00:31,840 --> 00:00:35,760 Speaker 1: went backwards, but the next worst performing was the top 13 00:00:35,800 --> 00:00:36,720 Speaker 1: twenty companies. 14 00:00:36,880 --> 00:00:39,519 Speaker 2: Yes, it's good to be small. In this instance, the 15 00:00:39,560 --> 00:00:43,040 Speaker 2: ASEX Small Ordinaries Index was up eighteen percent over the 16 00:00:43,080 --> 00:00:45,599 Speaker 2: past year. Or in twenty twenty five, the ASEX two 17 00:00:45,640 --> 00:00:48,360 Speaker 2: hundred Resources index was up twenty seven percent. Plenty of 18 00:00:48,400 --> 00:00:51,040 Speaker 2: smaller stocks in that one. Over All, the ASEX two 19 00:00:51,120 --> 00:00:53,560 Speaker 2: hundreds up five percent. But think of it this way. 20 00:00:53,880 --> 00:00:56,600 Speaker 2: The AASEX three hundred did better than the two hundred, 21 00:00:56,600 --> 00:00:58,920 Speaker 2: which did better than the one hundred, which did better 22 00:00:58,920 --> 00:01:02,240 Speaker 2: than the fifty than the twenty. A big part of 23 00:01:02,240 --> 00:01:04,920 Speaker 2: the reason for the outperformance is commodities, not just be 24 00:01:05,080 --> 00:01:08,880 Speaker 2: HP rear and forced you helping benefiting there the resource 25 00:01:09,040 --> 00:01:11,600 Speaker 2: juniors and explorers have generally outperformed. In fact, seventy and 26 00:01:11,640 --> 00:01:13,800 Speaker 2: the top twenty performing stocks over the past year are 27 00:01:13,800 --> 00:01:16,319 Speaker 2: mining related, eleven of which are gold miners. 28 00:01:16,360 --> 00:01:17,760 Speaker 1: There's got to be more to it, though, than just 29 00:01:17,760 --> 00:01:21,319 Speaker 1: commodity prices, because companies like Eagles Automotive, Tab Corp. A 30 00:01:21,400 --> 00:01:24,960 Speaker 1: two milk property group, Charter Hall Annuities, and fund manager 31 00:01:25,080 --> 00:01:27,360 Speaker 1: Challenger they're all up fifty percent or more in twenty 32 00:01:27,400 --> 00:01:27,880 Speaker 1: twenty five. 33 00:01:28,080 --> 00:01:31,120 Speaker 2: Yes, that's true some stock specific issues. Drone Shields up 34 00:01:31,160 --> 00:01:33,640 Speaker 2: nearly three hundred percent this year, and that's because there 35 00:01:33,640 --> 00:01:36,480 Speaker 2: are lots of wars involving drones going on. Shipbuilder Ostel 36 00:01:36,560 --> 00:01:39,360 Speaker 2: had a takeover offer. But broadly, smaller companies tend to 37 00:01:39,360 --> 00:01:42,280 Speaker 2: do better in lower interest rate environments because they're sicklical 38 00:01:42,319 --> 00:01:46,119 Speaker 2: and they actually tend to carry a lot of debt. Also, 39 00:01:46,560 --> 00:01:50,200 Speaker 2: large caps ran really hard, so small caps look relatively cheap. 40 00:01:50,520 --> 00:01:52,640 Speaker 2: If you think of the AX this year. Some of 41 00:01:52,680 --> 00:01:54,920 Speaker 2: the biggest stocks to drag down, I mean these all 42 00:01:54,960 --> 00:01:58,920 Speaker 2: went backwards. Com Off Bank, CSLM, Quarry Goodman would sign Aristocrat. 43 00:01:59,120 --> 00:02:01,640 Speaker 2: All top twenty stocks or went backwards. Also, not a 44 00:02:01,640 --> 00:02:05,400 Speaker 2: great year from some other asset classes like bitcoin, Ethereum, Cardano. 45 00:02:05,440 --> 00:02:08,120 Speaker 2: They'll all be down this year probably. Osidoll has been 46 00:02:08,160 --> 00:02:11,359 Speaker 2: pretty dull, somewhere between sixty two and sixty six cents, 47 00:02:11,440 --> 00:02:15,800 Speaker 2: gold Sword oil's fallen and all price have being pretty steady. 48 00:02:15,960 --> 00:02:18,400 Speaker 1: Okay, moving up to story number two now sewn. Prime 49 00:02:18,400 --> 00:02:22,919 Speaker 1: Minister Anthony Albernezi yesterday accepted responsibility for what happened at 50 00:02:22,919 --> 00:02:26,640 Speaker 1: Bondai Beach last weekend as Prime Minister of Australia, but 51 00:02:26,720 --> 00:02:29,160 Speaker 1: he also called for the nation to be united in 52 00:02:29,200 --> 00:02:30,480 Speaker 1: the aftermath of the massacre. 53 00:02:30,560 --> 00:02:32,840 Speaker 2: The Prime Minister is coming under intense fire, mostly for 54 00:02:32,880 --> 00:02:35,680 Speaker 2: not doing enough to combat anti semitism. Yesterday, the Governments 55 00:02:35,760 --> 00:02:37,799 Speaker 2: it was moving to shift the threshold of hate speech 56 00:02:37,919 --> 00:02:41,240 Speaker 2: laws in an effort to capture people spreading hate, division 57 00:02:41,280 --> 00:02:44,960 Speaker 2: and radicalization, including preachers and leaders who promote violence. It 58 00:02:45,000 --> 00:02:47,320 Speaker 2: also announced the Business dwy and David Gonski will lead 59 00:02:47,320 --> 00:02:50,520 Speaker 2: a twelve month task force to ensure the Australian education 60 00:02:50,680 --> 00:02:54,440 Speaker 2: system prevents, tackles and properly responds to anti Semitism. The 61 00:02:54,480 --> 00:02:57,280 Speaker 2: government has also resisted cause for a Royal commission into 62 00:02:57,320 --> 00:03:00,240 Speaker 2: the terror attack. Meanwhile, funerals were held yesterday for a 63 00:03:00,280 --> 00:03:02,959 Speaker 2: number of victims, including ten year old Matilda, who was 64 00:03:03,000 --> 00:03:04,880 Speaker 2: gunned down while running towards her father. 65 00:03:06,200 --> 00:03:10,640 Speaker 1: Story number three. The CEO of oil giant Woodside Energy, 66 00:03:10,760 --> 00:03:13,680 Speaker 1: Meg O'Neill, has resigned and will take the top job 67 00:03:13,760 --> 00:03:15,880 Speaker 1: at global major BP now. 68 00:03:16,000 --> 00:03:17,680 Speaker 2: She'll take over on April one. I've got a bit 69 00:03:17,680 --> 00:03:20,240 Speaker 2: of a confession here. The CEO I've always wanted to 70 00:03:20,280 --> 00:03:22,640 Speaker 2: meet is mego. Now she runs an oil and gas company. 71 00:03:22,680 --> 00:03:25,080 Speaker 2: Can't be easy from a range of standpoints. I'd love 72 00:03:25,120 --> 00:03:27,520 Speaker 2: to know what makes a tick anyway. She has just 73 00:03:27,600 --> 00:03:30,760 Speaker 2: gotten the seas role at BP. That's about as good 74 00:03:30,760 --> 00:03:32,480 Speaker 2: as it gets oil and gas. Although she'll be the 75 00:03:32,520 --> 00:03:36,080 Speaker 2: third chief executive in five years, first outsider and first 76 00:03:36,120 --> 00:03:38,960 Speaker 2: woman to lead VP, it is one hundred and sixteen 77 00:03:39,120 --> 00:03:41,720 Speaker 2: year history. Puts her in the same league as people 78 00:03:41,720 --> 00:03:43,560 Speaker 2: like a guy called Charlie Bell who a couple of 79 00:03:43,640 --> 00:03:47,640 Speaker 2: decades ago, Aren McDonald's, Andrew Leavere who ringd Dow Chemicals. 80 00:03:47,640 --> 00:03:50,640 Speaker 2: Not quite Rupert Murdock probably the most successful Astralian businessman ever, 81 00:03:50,840 --> 00:03:52,680 Speaker 2: but go on your mega Nell. Congratulations. 82 00:03:52,840 --> 00:03:56,880 Speaker 1: Indeed, story number four, The Oscars Sean will be exclusively 83 00:03:56,960 --> 00:04:00,240 Speaker 1: streamed on YouTube from twenty twenty nine, after the me 84 00:04:00,240 --> 00:04:03,080 Speaker 1: of Motion Picture Arts and Sciences struck a deal with 85 00:04:03,120 --> 00:04:06,880 Speaker 1: the platform, ending a near fifty year run on free 86 00:04:06,880 --> 00:04:07,640 Speaker 1: to air ABC. 87 00:04:07,960 --> 00:04:10,480 Speaker 2: The five year agreement marks the major shift for Hollywood's 88 00:04:10,480 --> 00:04:15,360 Speaker 2: most traditional institution. It's confronting shrinking TV audiences and changing 89 00:04:15,480 --> 00:04:18,760 Speaker 2: viewing habits, particularly among younger viewers. OSCAR ratings have steadily 90 00:04:18,800 --> 00:04:20,880 Speaker 2: fallen over the past decade, from more than thirty four 91 00:04:20,880 --> 00:04:25,160 Speaker 2: million in twenty sixteen to around twenty million this year. Now, 92 00:04:25,240 --> 00:04:28,200 Speaker 2: YouTube accounts for about thirteen percent of all TV viewing 93 00:04:28,200 --> 00:04:30,680 Speaker 2: time in the US, more than any other streaming platform. 94 00:04:30,880 --> 00:04:33,680 Speaker 2: The New York Time reports that US network ABC had 95 00:04:33,720 --> 00:04:36,400 Speaker 2: hoped to retain the rights, but it reduced fees fee, 96 00:04:36,440 --> 00:04:39,039 Speaker 2: whereas the Academy wanted to hire some went to YouTube, 97 00:04:39,080 --> 00:04:40,360 Speaker 2: not sure how much they paid for it. 98 00:04:40,440 --> 00:04:43,640 Speaker 1: Indeed, last one, story number five a good news story 99 00:04:43,640 --> 00:04:47,039 Speaker 1: to finish on Sean. Researchers tracking wild polar bears in 100 00:04:47,120 --> 00:04:50,800 Speaker 1: northern Canada have witnessed something exceedingly rare, a mother bear 101 00:04:50,920 --> 00:04:53,919 Speaker 1: adopting a cub that was not biologically her own. The 102 00:04:53,960 --> 00:04:56,200 Speaker 1: five year old mother bear and her ten to eleven 103 00:04:56,240 --> 00:04:59,560 Speaker 1: month old cubs, including her adoptee, were observed and captured 104 00:04:59,600 --> 00:05:02,560 Speaker 1: on camera during the annual polar bear migration along the 105 00:05:02,600 --> 00:05:06,320 Speaker 1: Western Hudson Bay near Churchill, Manitoba, which is a town 106 00:05:06,480 --> 00:05:09,159 Speaker 1: of course Sean known for its polar bear population. 107 00:05:09,360 --> 00:05:12,200 Speaker 2: Indeed, only the thirteenth known case for adoption out of 108 00:05:12,200 --> 00:05:15,000 Speaker 2: forty six or four thousand, six hundred bears studied for 109 00:05:15,040 --> 00:05:17,599 Speaker 2: nearly five decades in the area, according to the BBC. 110 00:05:18,040 --> 00:05:19,920 Speaker 2: The mother bee was first captured as she emerged from 111 00:05:19,920 --> 00:05:21,960 Speaker 2: her maternity den this spring. At the time, she had 112 00:05:22,000 --> 00:05:24,240 Speaker 2: one cub that was tagged in the falls. She was 113 00:05:24,240 --> 00:05:27,440 Speaker 2: seen again with two cubs, the original cub plus another. 114 00:05:27,720 --> 00:05:30,840 Speaker 2: Researches aren't sure what happened to the new cub's biological mother, 115 00:05:30,880 --> 00:05:33,640 Speaker 2: but they're trying to identify her with genetic samples. Polar 116 00:05:33,640 --> 00:05:35,560 Speaker 2: bears in the world only have a fifty percent chance 117 00:05:35,560 --> 00:05:38,960 Speaker 2: of surviving into adulthood, but having a mum caring for 118 00:05:39,000 --> 00:05:41,239 Speaker 2: them improves their odds. The cubs appear to be healthy. 119 00:05:41,279 --> 00:05:43,600 Speaker 2: Research it said they'll likely stay with their mum until 120 00:05:43,600 --> 00:05:44,960 Speaker 2: they're about two and a half years old. 121 00:05:45,160 --> 00:05:46,960 Speaker 1: All right, there we go to the top five business 122 00:05:46,960 --> 00:05:49,080 Speaker 1: stories in five minutes. Thank you Sean, Thank you Michael. 123 00:05:49,120 --> 00:05:51,799 Speaker 1: It's Friday, the nineteenth of December twenty twenty five. Remember 124 00:05:51,839 --> 00:05:53,920 Speaker 1: to hit follow on the podcast, and if five minutes 125 00:05:53,960 --> 00:05:56,479 Speaker 1: isn't enough, you can find our longer daily show called 126 00:05:56,520 --> 00:05:59,200 Speaker 1: Fear and Greed whereever you listen to podcasts. I'm Michael 127 00:05:59,240 --> 00:06:01,680 Speaker 1: Thompson as a past by Business News, by Fear and 128 00:06:01,760 --> 00:06:03,000 Speaker 1: Great had a great date.