1 00:00:10,614 --> 00:00:15,414 Speaker 1: You're listening to a Mumamea podcast. Mumma Mea acknowledges the 2 00:00:15,414 --> 00:00:18,294 Speaker 1: traditional owners of land and waters that this podcast is 3 00:00:18,334 --> 00:00:24,614 Speaker 1: recorded on Hi. I'm Jimmy Donna, who from Mommamea's twice 4 00:00:24,654 --> 00:00:28,014 Speaker 1: daily news podcast, The Quickie with Your Headlines. For Thursday, 5 00:00:28,054 --> 00:00:33,694 Speaker 1: April ten, the Australian stock market experienced a significant boost 6 00:00:33,814 --> 00:00:37,214 Speaker 1: after US President Donald Trump announced a temporary pause on 7 00:00:37,254 --> 00:00:41,494 Speaker 1: tariffs for certain global imports. While the overnight decision offered 8 00:00:41,494 --> 00:00:44,974 Speaker 1: a reprieve from substantial levies for some nations, it doesn't 9 00:00:44,974 --> 00:00:48,494 Speaker 1: mean a lot for Australia right now. Australia was already 10 00:00:48,534 --> 00:00:52,134 Speaker 1: subject to a baseline ten percent tariff, which remains unchanged. 11 00:00:52,654 --> 00:00:56,134 Speaker 1: The US excluded China from the break and instead increased 12 00:00:56,214 --> 00:00:59,054 Speaker 1: tariffs on Beijing to a staggering one hundred and twenty 13 00:00:59,094 --> 00:01:02,614 Speaker 1: five percent after China lifted its tariffs on US goods 14 00:01:02,694 --> 00:01:06,654 Speaker 1: to eighty four from thirty four percent hours earlier. The 15 00:01:06,654 --> 00:01:10,374 Speaker 1: ASX two hundred surged over six percent in early trading, 16 00:01:10,534 --> 00:01:13,494 Speaker 1: mirroring Wall Street's historic rally, where the S and P 17 00:01:13,654 --> 00:01:17,094 Speaker 1: five hundred posted a nine point five percent gain, marking 18 00:01:17,174 --> 00:01:20,494 Speaker 1: its strongest session since the global financial crisis in two 19 00:01:20,494 --> 00:01:25,974 Speaker 1: thousand and eight. As Australia navigates these international developments, investors 20 00:01:26,014 --> 00:01:29,574 Speaker 1: hope that the tariff pause signals more cooperative trade policies. 21 00:01:30,134 --> 00:01:32,934 Speaker 1: The stock market rally offers a welcome boost, but all 22 00:01:32,974 --> 00:01:35,774 Speaker 1: eyes remain on Washington and Beijing to see if this 23 00:01:35,854 --> 00:01:41,414 Speaker 1: momentum leads to lasting change. Rural and regional Australia could 24 00:01:41,414 --> 00:01:44,934 Speaker 1: share billions of dollars to fill gaps in critical infrastructure, 25 00:01:45,134 --> 00:01:49,694 Speaker 1: childcare and health services that currently strain local council budgets. 26 00:01:50,334 --> 00:01:53,934 Speaker 1: The Nationals have pledged a Regional Australian Future Fund worth 27 00:01:53,974 --> 00:01:57,494 Speaker 1: twenty billion dollars if the coalition wins the May III election, 28 00:01:58,054 --> 00:02:01,134 Speaker 1: with one billion to be set aside for projects each year. 29 00:02:01,574 --> 00:02:06,294 Speaker 1: Dismissing any suggestion of pork barreling, Nationals leader David Little 30 00:02:06,334 --> 00:02:09,294 Speaker 1: Proud positioned the fund as a game changer for regional 31 00:02:09,254 --> 00:02:13,694 Speaker 1: conmus comunities tired of buying for limited federal resources. The 32 00:02:13,734 --> 00:02:17,054 Speaker 1: fund's initial five billion dollars would come from axing Labour's 33 00:02:17,254 --> 00:02:21,414 Speaker 1: green energy program, with the rest from commodity price windfalls. 34 00:02:22,854 --> 00:02:27,294 Speaker 1: A second Future Generation's Fund would tackle government debt. Shadow 35 00:02:27,334 --> 00:02:31,174 Speaker 1: treasurer Angus Taylor says mining profits would become future assets. 36 00:02:31,894 --> 00:02:34,574 Speaker 1: The coalition plans to legislate the funds so they can't 37 00:02:34,614 --> 00:02:38,374 Speaker 1: be easily scrapped by future governments. Do you have any 38 00:02:38,414 --> 00:02:41,854 Speaker 1: old Pokemon cards kicking around at home? Australians with a 39 00:02:41,854 --> 00:02:46,014 Speaker 1: passion for trading cards, coins and collectibles have built fortunes 40 00:02:46,054 --> 00:02:49,614 Speaker 1: big and small, according to a new report. The newly 41 00:02:49,694 --> 00:02:53,134 Speaker 1: reported research by eBay and Deloitte shows about one in 42 00:02:53,294 --> 00:02:57,334 Speaker 1: three Australian adults are collectors, which is seven point six 43 00:02:57,454 --> 00:03:01,734 Speaker 1: million of the national population. The median Australian hobbyist has 44 00:03:01,814 --> 00:03:05,294 Speaker 1: fifty collectibles worth a total of two thousand and two 45 00:03:05,414 --> 00:03:09,534 Speaker 1: hundred dollars based on a survey of two thousand collectors 46 00:03:09,894 --> 00:03:13,894 Speaker 1: is an emerging collector nation as technological, economic, and social 47 00:03:14,014 --> 00:03:17,614 Speaker 1: change over the past twenty five years expands people's access 48 00:03:17,694 --> 00:03:21,174 Speaker 1: across the globe, with Australian spending a record of sixty 49 00:03:21,254 --> 00:03:24,814 Speaker 1: nine billion on online shopping in twenty twenty four. About 50 00:03:24,814 --> 00:03:28,014 Speaker 1: one in five collectors surveyed have turned their passion into 51 00:03:28,014 --> 00:03:31,654 Speaker 1: a financial endeavor, while thirty five percent say they collect 52 00:03:31,734 --> 00:03:35,654 Speaker 1: because the item is a good investment and I can't 53 00:03:35,734 --> 00:03:38,774 Speaker 1: hide behind my PoCA face today as Lady Gaga has 54 00:03:38,814 --> 00:03:42,654 Speaker 1: announced her first tour in Australia in eleven years. The 55 00:03:42,774 --> 00:03:45,694 Speaker 1: Just Dance hit maker will bring the Mayhem Ball Tour 56 00:03:45,774 --> 00:03:49,254 Speaker 1: to Melbourne's Marvel Stadium on December five, Brisbane sun Corpse 57 00:03:49,254 --> 00:03:52,494 Speaker 1: Stadium on December nine, and Sydney's a Core Stadium on 58 00:03:52,534 --> 00:03:56,454 Speaker 1: December twelve. The last time Gaga toured down Under was 59 00:03:56,494 --> 00:04:00,214 Speaker 1: in twenty fourteen. It will mark her debut stadium shows 60 00:04:00,254 --> 00:04:03,974 Speaker 1: in the country. Gagar recently revealed she didn't intend to 61 00:04:03,974 --> 00:04:07,254 Speaker 1: tour this year in support of her latest LP, Mayhem. 62 00:04:07,854 --> 00:04:10,534 Speaker 1: She wrote on social media, I wasn't planning to tour 63 00:04:10,574 --> 00:04:13,654 Speaker 1: this year after my shows in Singapore, but the incredible 64 00:04:13,654 --> 00:04:16,854 Speaker 1: response to the new album inspired me to keep things going. 65 00:04:17,814 --> 00:04:21,214 Speaker 1: That's your latest news headlines. On tomorrow's episode of The Quickie, 66 00:04:21,254 --> 00:04:24,414 Speaker 1: we remember the victims of the Bondai Junction stabbings one 67 00:04:24,494 --> 00:04:27,734 Speaker 1: year on. Listen to The Quickie wherever you get your podcasts.