Where we give you the top five business stories you need to know when just five minutes. I'm Michael Thompson and good morning Sean.

Where we give you the top five business stories you need to know when just five minutes. I'm Michael Thompson and good morning Sean.

Aylmer, Good morning Michael Shaw.

Aylmer, Good morning Michael Shaw.

And we are halfway through the week. It is as good a time as any to head along to Fear and Greed dot com. Today you and sign up for our free daily newsletter. If you haven't already done so, go to the website or put a link in today's show notes and you will get a quick hit of the news in your inbox every morning by six am. On with the stories story number one. The Reserve Bank SEAN is open to cutting interest rates in May after the federal election, if inflation data continues it's downward trend and if Donald Trump's trade wars threatened growth.

And we are halfway through the week. It is as good a time as any to head along to Fear and Greed dot com. Today you and sign up for our free daily newsletter. If you haven't already done so, go to the website or put a link in today's show notes and you will get a quick hit of the news in your inbox every morning by six am. On with the stories story number one. The Reserve Bank SEAN is open to cutting interest rates in May after the federal election, if inflation data continues it's downward trend and if Donald Trump's trade wars threatened growth.

In fact, the Reserve Bank expects it's preferred measure of underlying inflation to be within it's two to three percent target bend when March quarter inflation figures are released in a couple of weeks time. The Central Bank released the minutes of its meetings from a fortnine ago that was held immediately ahead on the Liberation Day tarist announcement from the US. The Reserve Bank says it didn't cut the cash right. We know that because it judged that it was not a appropriate at this stage for monetary policy to react to the potential risks that could move in either direction. But what it went on to say, so it'll look at inflation data. We'll find out about that in two weeks time, wages, the labor market, which we find out about tomorrow, and trends in economic activity, and the evolution of global trade policies. The point here that economists are making is that the commentary, particularly on the back of what they said about the global trade policies and what's happened with those tariffs, along with expectations of low inflation for the March quarter, which we find out about in two weeks, suddenly that opens away free rate cut next month.

In fact, the Reserve Bank expects it's preferred measure of underlying inflation to be within it's two to three percent target bend when March quarter inflation figures are released in a couple of weeks time. The Central Bank released the minutes of its meetings from a fortnine ago that was held immediately ahead on the Liberation Day tarist announcement from the US. The Reserve Bank says it didn't cut the cash right. We know that because it judged that it was not a appropriate at this stage for monetary policy to react to the potential risks that could move in either direction. But what it went on to say, so it'll look at inflation data. We'll find out about that in two weeks time, wages, the labor market, which we find out about tomorrow, and trends in economic activity, and the evolution of global trade policies. The point here that economists are making is that the commentary, particularly on the back of what they said about the global trade policies and what's happened with those tariffs, along with expectations of low inflation for the March quarter, which we find out about in two weeks, suddenly that opens away free rate cut next month.

Okay, opening the way is one thing, but we want to know will there actually be one on May twenty? We had one in February. When can we realistically expect the next one?

Okay, opening the way is one thing, but we want to know will there actually be one on May twenty? We had one in February. When can we realistically expect the next one?

Well, the bulk of market economists and bond markets think there's a better than even chance that it will happen at the next board meeting on May twenty. The inflation figures out in two weeks will pretty much determine that result, all.

Well, the bulk of market economists and bond markets think there's a better than even chance that it will happen at the next board meeting on May twenty. The inflation figures out in two weeks will pretty much determine that result, all.

Right under story number two now Sean and for a while yesterday we thought Russian military planes could be based within thirteen hundred kilometers of Darwin after Moscow reportedly requested access to Indonesian airfields.

Right under story number two now Sean and for a while yesterday we thought Russian military planes could be based within thirteen hundred kilometers of Darwin after Moscow reportedly requested access to Indonesian airfields.

Yes, quite the scramble. Yesterday afternoons, the Janes Defense News website quoted multiple unidentified Indonesian government sources saying that Russia had launched an official request to base several long range aircraft at Manua Air Force in Papua Province, which is in Indonesian's in which is in Indonesia's easternmost territory. The request followed a visit by one of Russia's top security officials to Indonesia in February. According to the finn Review, while Russia has been very much focused on Ukraine's also stepped up its military exercises in the Indo Pacific in recent months, including holding bilateral naval drills with the Indonesian forces in the Java Sea. So you could imagine everyone was scurrying around for that. Anthony Alberniezi had been asked about it. He said he was trying to find out more information about it. Dunton said he wanted an official briefing anyway. Last night, the Indonesian Defense Minister told Richard Miles, our Defense Minister, that it wasn't going to happen. He didn't say whether or not the requests had been made, but he certainly said Russian airbases wouldn't be situated on Indonesian territory.

Yes, quite the scramble. Yesterday afternoons, the Janes Defense News website quoted multiple unidentified Indonesian government sources saying that Russia had launched an official request to base several long range aircraft at Manua Air Force in Papua Province, which is in Indonesian's in which is in Indonesia's easternmost territory. The request followed a visit by one of Russia's top security officials to Indonesia in February. According to the finn Review, while Russia has been very much focused on Ukraine's also stepped up its military exercises in the Indo Pacific in recent months, including holding bilateral naval drills with the Indonesian forces in the Java Sea. So you could imagine everyone was scurrying around for that. Anthony Alberniezi had been asked about it. He said he was trying to find out more information about it. Dunton said he wanted an official briefing anyway. Last night, the Indonesian Defense Minister told Richard Miles, our Defense Minister, that it wasn't going to happen. He didn't say whether or not the requests had been made, but he certainly said Russian airbases wouldn't be situated on Indonesian territory.

Story number three. Goosmani Gomez is winning the Mexican food wars in Australia, with the owner of the Taco Bell franchise locally putting the brand up for sale.

Story number three. Goosmani Gomez is winning the Mexican food wars in Australia, with the owner of the Taco Bell franchise locally putting the brand up for sale.

Should we call it a Mexican food five got to be more fun? What would be ax listed? Colins food says it will sell its right to the Taco Bell brand in Australia or closed stores. A strategic review found that Taco Bell doesn't have the brand to cut through in Australia. That's because Goosman or partly because Goodsman is doing so well. Colin's Foods will instead expand its network of KFC stores aggressively in Germany and open more stores here. It will write off more than thirty million dollars though from its business in the Netherlands, where it runs sixty two KFC stores. Collins operates two hundred and eighty five of the fifty KFC stores in Australia. Up to ten KFC store openings are planned every year. It also runs twenty seven Taco Bell stores. They ain't going to be around too long.

Should we call it a Mexican food five got to be more fun? What would be ax listed? Colins food says it will sell its right to the Taco Bell brand in Australia or closed stores. A strategic review found that Taco Bell doesn't have the brand to cut through in Australia. That's because Goosman or partly because Goodsman is doing so well. Colin's Foods will instead expand its network of KFC stores aggressively in Germany and open more stores here. It will write off more than thirty million dollars though from its business in the Netherlands, where it runs sixty two KFC stores. Collins operates two hundred and eighty five of the fifty KFC stores in Australia. Up to ten KFC store openings are planned every year. It also runs twenty seven Taco Bell stores. They ain't going to be around too long.

Indeed, okay. Story number four. British retailer Phrases is making an aggressive push into the sport and fitness goods market, planning to open more than one hundred sports direct stores.

Indeed, okay. Story number four. British retailer Phrases is making an aggressive push into the sport and fitness goods market, planning to open more than one hundred sports direct stores.

Yes, that's an attack on rebels sport and part of phras's efforts to create a global sporting retailer. Phrases, listed in the UK, owns brands including Slazenger and Everlast. It also plans to up at stake in shoe retailer Accent, which is listed here in Australia that owns Hype DC and Platypus. Accent will actually operate the sports Direct stores in Australia and play a royalty to Phrases based on sales. Phrases is one of the largest owners and retailers of sports, premium and luxury brands, has more than fifteen hundred stores and more than thirty countries that retailer last year reported revenue of eleven billion dollars. We're talking big. Founded by a billionaire. Mike Ashley, former owner of football club Newcastle United, happened his first store in nine eight two with ten pounds from his parents.

Yes, that's an attack on rebels sport and part of phras's efforts to create a global sporting retailer. Phrases, listed in the UK, owns brands including Slazenger and Everlast. It also plans to up at stake in shoe retailer Accent, which is listed here in Australia that owns Hype DC and Platypus. Accent will actually operate the sports Direct stores in Australia and play a royalty to Phrases based on sales. Phrases is one of the largest owners and retailers of sports, premium and luxury brands, has more than fifteen hundred stores and more than thirty countries that retailer last year reported revenue of eleven billion dollars. We're talking big. Founded by a billionaire. Mike Ashley, former owner of football club Newcastle United, happened his first store in nine eight two with ten pounds from his parents.

That's a good story. Last one story. Number five. Star Entertainment has finally released its account for the second half of last year. The gaming group lost more than three hundred million dollars on the back of falling revenue and higher regulatory costs.

That's a good story. Last one story. Number five. Star Entertainment has finally released its account for the second half of last year. The gaming group lost more than three hundred million dollars on the back of falling revenue and higher regulatory costs.

Half year results had been delayed until Star found a rescue package. That happened last week when US based at Bally's Corporation provided three hundred million dollars to the company. Once complete, Bally's and a guy called bris Matheson, another major shareholder, the'll account for about sixty percent of shares. The accounts show that revenue was down sixteen percent on the back of the introduction of mandatory cards to play in Sydney, in a loss of market share on the Gold Coast. Despite Bally's rescue office, Star still has some issues. It's critical that they complete the bally strategic investment. It's critical that they get the proceeds from the sale of the Sydney Event Center and it's critical that they complete the transaction entered into with his joint venture partners to exit Queen's Wolf in Brizzy.

Half year results had been delayed until Star found a rescue package. That happened last week when US based at Bally's Corporation provided three hundred million dollars to the company. Once complete, Bally's and a guy called bris Matheson, another major shareholder, the'll account for about sixty percent of shares. The accounts show that revenue was down sixteen percent on the back of the introduction of mandatory cards to play in Sydney, in a loss of market share on the Gold Coast. Despite Bally's rescue office, Star still has some issues. It's critical that they complete the bally strategic investment. It's critical that they get the proceeds from the sale of the Sydney Event Center and it's critical that they complete the transaction entered into with his joint venture partners to exit Queen's Wolf in Brizzy.

There we go, the top five business stories in five minutes. Thank you Sean, Thank you Michael. It is Wednesday, the sixteenth of April twenty twenty five. Remember to hit follow on the podcast, and if five minutes isn't enough, you can find our longer daily show called Fear and Greed wherever you listen to podcasts. I'm Michael Thompson and that was the fast five business news by Fear

There we go, the top five business stories in five minutes. Thank you Sean, Thank you Michael. It is Wednesday, the sixteenth of April twenty twenty five. Remember to hit follow on the podcast, and if five minutes isn't enough, you can find our longer daily show called Fear and Greed wherever you listen to podcasts. I'm Michael Thompson and that was the fast five business news by Fear