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Speaker 1: It's Wednesday, the thirtieth of July 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 Aylmer.

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Speaker 2: Good morning, Michael Sewn.

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Speaker 1: Five stories, five minutes. Let's go story number one. This

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Speaker 1: is interesting. Telstra has emerged as close to the best

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Speaker 1: performing large cap so far in twenty twenty five, while CSL,

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Speaker 1: which has been on a pretty strong run over the

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Speaker 1: past month, is the worst of the large caps this year.

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Speaker 2: Well, the focus has been on the banks and miners,

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Speaker 2: There's been plenty else going on in the other top

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Speaker 2: twenty stocks. The most notable over the past year and

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Speaker 2: in twenty twenty five two is the emergence of two

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Speaker 2: previously mid sized companies that have had meteoric rises. The

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Speaker 2: first Promedicus, the medical imaging group. It's share price up

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Speaker 2: one hundred and thirty three percent over the past year,

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Speaker 2: including thirty percent in twenty twenty five, best performing a

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Speaker 2: large cap in twenty twenty five. Mind Dude wasn't a

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Speaker 2: large cap twelve months ago. The other one Sigma Healthcare.

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Speaker 2: It's been super charged by its merger with Chemist Warehouse,

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Speaker 2: But perhaps the biggest surprise Telstra. Very good news for

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Speaker 2: its one point one million shareholders. They love their dividend,

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Speaker 2: They love the fact that the share price is up

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Speaker 2: twenty three percent this year. Investors like Telstra's position in

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Speaker 2: the fast growing mobile sector, as well as as it's

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Speaker 2: overall cost control and management. A couple of other groups

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Speaker 2: to do well, particularly in twenty twenty five. QBE insurer

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Speaker 2: it's helped by fewer natural disasters, higher premiums, and Where's

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Speaker 2: Farmers thanks to things like Bunnings and office works. In

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Speaker 2: West Farmer's case, it is now larger than an Z,

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Speaker 2: so it's broken that sort of monopoly. So it's basically

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Speaker 2: come off Bank BHPCSL, NAB, Westpac, West Farmers, aron Zed,

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Speaker 2: Macquarie Goodman, and Telstra back in the top ten again.

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Speaker 1: Just very quickly. Another couple of stocks that seem to

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Speaker 1: have kind of run out of puff a Wise Tech

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Speaker 1: Global more famous now for corporate governance concerns, and gaming

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Speaker 1: machine maker Aristocrat Leisure.

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Speaker 2: That's right, both those stocks are up twenty six percent

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Speaker 2: over the past year, but they're actually lower for twenty

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Speaker 2: twenty five. They had their run late twenty twenty four. Overall,

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Speaker 2: the top twenty stocks as measured by the ASEX twenty

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Speaker 2: have underperformed the small Caps index and the ASEX two hundred,

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Speaker 2: both over the past year and in twenty twenty five.

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Speaker 1: Okay, moving on to story number two. Now, the federal

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Speaker 1: opposition will vote for the government's childcare bill and the

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Speaker 1: sixteen billion dollar student debt discount, ensuring their passage now

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Speaker 1: through the lower and upper houses.

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Speaker 2: The first piece of legislation will give the government more

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Speaker 2: power to scrutinize childcare centers. The hex bill will reduce

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Speaker 2: student debt by on average, fifty five hundred dollars. Elsewhere

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Speaker 2: in politics, Anthony Abernezi told caucus that claims from Israel

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Speaker 2: that there's no starvation in Gaza are beyond comprehension how

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Speaker 2: you put it, amid growing international condemnation of Israel over

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Speaker 2: its restrictions on aid and the killing of civilians queuing

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Speaker 2: for assistance. Also, Health Minister Mark Butler to the Albaneza

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Speaker 2: government will continue to push the case for free trade

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Speaker 2: after Donald Trump repeated his claim that the baseline level

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Speaker 2: of tariffs after the deadline of one August will be

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Speaker 2: fifteen to twenty percent. Other countries still to have not

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Speaker 2: done a deal with the US. Apart from Australia, they

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Speaker 2: include China, Canada, and Mexico. Now those three the three

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Speaker 2: largest sovereign training partners of the US.

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Speaker 1: Story number three, the owner of Shell and Liberty petrol stations,

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Speaker 1: Viva Energy, has outlined a slide in earnings on the

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Speaker 1: back of a slump in tobacco sales.

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Speaker 2: Convenience stores are being whacked by a surgeon illegal tobacco sales,

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Speaker 2: and yesterday Liberty said revenue from tobacco sales was down

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Speaker 2: twenty seven percent of the dune half. Now compare that

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Speaker 2: to other sales down two percent, twenty seven percent for

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Speaker 2: tobacco sales. Remember, earlier in the year, Ampul said it

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Speaker 2: wanted to reduce its exposure to tobacco while met cash

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Speaker 2: the whole sale behind the IgA chain of supermarkets said

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Speaker 2: cigarette sales have fallen forty percent since twenty twenty one.

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Speaker 2: This illegal tobacco trade is really hurting convenience stores.

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Speaker 1: Story number four Shawn and a serious one out of

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Speaker 1: New York. A gunman killed at least four people and

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Speaker 1: himself at an office tower that houses investment group Blackstone, Root,

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Speaker 1: management of the National Football League, and KPMG, among others,

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Speaker 1: sparking hours of chaos and fear in midtown Manhattan.

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Speaker 2: A police officer was among the dead in the attack

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Speaker 2: on Parker Avenue. Blackstone employee also died. Several other people

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Speaker 2: were injured. The suspected gunman's body was found on the

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Speaker 2: thirty third floor, which is occupied by Ruden, which is

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Speaker 2: a real estate firm that owns major office buildings in

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Speaker 2: the city. Blackstone staff has worked just below, where they

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Speaker 2: pushed furniture in front of doors to barricade themselves in

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Speaker 2: during the attack. Authorities identified the shooter as twenty seven

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Speaker 2: year old Shane Tamura from Nevada. He drove across the

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Speaker 2: country before arriving in New York on Monday and going

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Speaker 2: on his killing spree.

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Speaker 1: Something a bit lighter to finish up on Sean story

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Speaker 1: number five, The first Australian made rocket was supposed to

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Speaker 1: launch into space yesterday. Gilmour Space's postponed its attempt after

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Speaker 1: getting so so so so close to lift off. And

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Speaker 1: it's all because of high wind.

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Speaker 2: Yes, this is right up your alley. The company fueled

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Speaker 2: its rocket on a purpose built pad in the North

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Speaker 2: Queensland town of Bowen, ready to go, but four to

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Speaker 2: five kilometers above earth, the winds were too strong and

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Speaker 2: it was unable to lift off. Gilboil will reset and

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Speaker 2: try again today. About thirty five hundred space and thirty

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Speaker 2: enthusiasts tuned in to watch it. Chief executive Adam Gilmore said,

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Speaker 2: I quote him, keep getting whacked by wins at four

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Speaker 2: to five kilometers, they are just over the limit. After

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Speaker 2: about an hour, the company scrubbed the mission and hopefully

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Speaker 2: they get off the ground today.

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Speaker 1: Yeah, fingers cross. All right, there we go the top

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Speaker 1: five business stories in five minutes.

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Speaker 2: Thank you Sean, Thank you Michael.

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Speaker 1: It's Wednesday, the thirtieth of July twenty twenty five. Remember

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Speaker 1: to hit 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. But if you listen to podcasts, I'm

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

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