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Speaker 1: Welcome to the weekend edition of The Fast Five Business

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Speaker 1: Years by Fear and Greed. I'm Sean Almer and hello

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Speaker 1: Adam Lang.

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Speaker 2: Hello Sean.

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Speaker 1: On weekdays, it's all about the Fast Five, the top

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Speaker 1: five business stories in five minutes on the weekend. No,

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Speaker 1: we're still going to keep it to five minutes, but

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Speaker 1: we're going to pick out the biggest story of the week,

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Speaker 1: the most remarkable story and Mystic Mystery category, and our

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Speaker 1: favorite business story of the week. Adam, jump into it

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Speaker 1: your biggest story of the week.

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Speaker 2: Alright, Sean. For me, Albanzi under pressure and power being

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Speaker 2: tested is my biggest story for the week. Parliament returned

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Speaker 2: this week and it was as much about leadership as

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Speaker 2: it was about politics. The Albanezi government holds a strong

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Speaker 2: majority in the House of Representatives, but still relies on

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Speaker 2: cross bench votes in the Senate to move its agenda.

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Speaker 2: Inside parliament, the Optus triple zero outage dominated question time

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Speaker 2: and outside. The Prime Minister signed the Pook Pook Defense

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Speaker 2: Treaty with Papua New Guinea, launched Singapore's new strategic partnership,

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Speaker 2: and confirmed an upcoming White House meeting with Donald Trump,

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Speaker 2: where no doubt orcus will be top of the agenda.

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Speaker 2: A huge week for Albanezy and for Austraightia's credibility on

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Speaker 2: the world stage. What about you, Sean.

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Speaker 1: Well, I think I'm going to go on through the

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Speaker 1: world stage. The Israel and Hamas deal. They've officially signed

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Speaker 1: a cease fire after US President Donald Trump announced the

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Speaker 1: two sides had agreed to the deal. It means that

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Speaker 1: the Israeli hostages will be returned to Israel, whether they

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Speaker 1: or dead or alive. Israel will remain in fifty three

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Speaker 1: percent of the Gaza strip until the last of the

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Speaker 1: hostages is released. There's six hundred AID trucks heading towards Gaza.

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Speaker 1: That's six hundred eight trucks a day. Let's hope the

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Speaker 1: peace deal holds. That's what I've got to say. It's

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Speaker 1: a very very big issue. I mean, it's a very

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Speaker 1: very big success for Donald Trump if it does hold,

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Speaker 1: Let's hope. So quite incredible, really, Adam, most remarkable story.

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Speaker 1: Can I go first? Yes? Please do? Goals pushed through

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Speaker 1: four thousand US dollars and now it's driven by the

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Speaker 1: seeking safety from economic and geo political uncertainty, alongside expectations

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Speaker 1: of further interest rate cuts by the US FED Reserve,

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Speaker 1: spot golds up more than fifty percent year to date

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Speaker 1: after jubbing twenty seven percent last year. Bunch of factors

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Speaker 1: going on their central banks buying up gold, renewed interest

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Speaker 1: in gold backed exchange traded funds. Also, investors fear some

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Speaker 1: of the hard currencies like the US dollar, eurojyp Japanese yen.

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Speaker 1: They're all on the nose a little bit, and that's

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Speaker 1: helping gold. Crazy times, Adam, what's your most remarkable story?

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Speaker 2: Well, sean crazy times. Right alongside gold, Bitcoin broke a

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Speaker 2: US one hundred and twenty five thousand dollars and that

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Speaker 2: is up more than thirty percent this year, behaving less

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Speaker 2: like digital speculation and more like a safe haven asset.

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Speaker 2: The same forces pushing gold higher, geopolitical tension and interest

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Speaker 2: rate jitters are sending institutional and individual money into cryptocurrencies.

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Speaker 2: In a single decade, Bitcoin has gone from rebel token

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Speaker 2: to refuse huge asset. Gold signals fear. Maybe Bitcoin signals evolution,

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Speaker 2: and that's why it's my most remarkable story of the week.

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Speaker 2: Digital crypto confidence.

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Speaker 1: Okay, our mystery category is what we're going to call it,

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Speaker 1: tech gone wrong. I like that as a category a

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Speaker 1: good one. Can I go first?

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Speaker 2: Yeah?

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Speaker 1: Okay? Mine has been the quite big cyber attack globally

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Speaker 1: this week. Quantus has been caught up in it. It's

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Speaker 1: hit thirty nine companies around the globe. Hackers are threatening

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Speaker 1: to leak sensitive passenger data unless ransoms are paid. The

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Speaker 1: hacker collective is known as Scattered Laps of Stellar Hunters.

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Speaker 1: It claims to a stolen almost one billion records by

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Speaker 1: targeting customers of cloud technology giant Salesforce. It was a

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Speaker 1: fishing attack voice fishing, whereby hackers posed as legitimate employees

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Speaker 1: and called company it desks, convincing unsuspecting staff to grant

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Speaker 1: them access. We're going to have to wait and see

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Speaker 1: on this one. But not good news for Quantas and

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Speaker 1: all those other companies. Places like Toyota, Google, ad Sancisco, Disney,

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Speaker 1: Airflant France, KLM, and IK have all been caught up.

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Speaker 1: What about you, Teck gone wrong, Adam?

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Speaker 2: Well for me, Sean, it's trust offline. And it wasn't

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Speaker 2: the hackers that exposed the security system to talk about

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Speaker 2: this week, it was actually human error. In Parliament, the

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Speaker 2: Optus triple zero failure dominated question time after the government

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Speaker 2: admitted emergency alerts were sent to a non monitored inbox.

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Speaker 2: There was no software glitch, no network collapse, just a

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Speaker 2: communications breakdown inside our national Communications department. The Minister for Communications,

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Speaker 2: Anika Wells, called it deeply regrettable, but this was more

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Speaker 2: than regret. It was a failure of process with devastating consequences.

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Speaker 2: How does a modern government lose contact with its own

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Speaker 2: emergency network and what is it doing to fix it?

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Speaker 2: Trust Offline sean fair enough?

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Speaker 1: Final category Favorite story, What's yours?

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Speaker 2: Adam all Right? Sean? Confidence built brick by brick. While

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Speaker 2: global markets turn, Australians turned to something closer to home,

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Speaker 2: of course, and in this country it's property. National home

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Speaker 2: values rose zero point eight percent in September to eight

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Speaker 2: hundred and fifty seven thousand dollars, which is the fastest

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Speaker 2: gain in a year. Brisbane up one point two per

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Speaker 2: one point six, Sydney up zero point eight percent. Capital

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Speaker 2: City rents also hit a record seven hundred dollars a week,

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Speaker 2: up forty four percent in five years. Residential property scarcity

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Speaker 2: and population growth keep pushing prices. Property remains our emotional

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Speaker 2: anchor and something of a financial obsession. It's the one

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Speaker 2: asset that defines how and where we live and that's

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Speaker 2: why it's my favorite story of the week. Qught about you, Sean.

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Speaker 1: Oh, I'll go with you on that one. But a

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Speaker 1: quick mention to the sixth Australian universities that are ranked

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Speaker 1: in the top one hundred worldwide. University Melbourne sits a

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Speaker 1: top that ten are in the top two hundred. I

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Speaker 1: just think it's a great opportunity for an export opportunity

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Speaker 1: for Australia. With Donald Trump closing down university missions to foreigners,

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Speaker 1: he is an opportunity for Australia thirty five billion dollars

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Speaker 1: year export already. I reckon this is a great story

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Speaker 1: because it just means it there's money to be made

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Speaker 1: for Australian universities.

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Speaker 2: Yeah, Australia exporting education to the world. It's fantastic.

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Speaker 1: That's right. Five minutes and pretty much everything you needed

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Speaker 1: to know in the world of business this weekend. Thank you, Adam,

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Speaker 1: Thank you Sean. We'll be back on Monday morning with

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Speaker 1: the top five business throws in five minutes. Don't forget

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Speaker 1: to hit follow and enjoin us online on Instagram, TikTok, LinkedIn, Facebook, Condex.

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Speaker 1: I'm sure I own that this is the fast five

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Speaker 1: business units by fear and greed,