It's Friday, the twenty fifth of April twenty twenty five, an Zac Day. Welcome to the Fast five Business News by Fear and Greed, where we give you the top five business stories you need to know when it's five minutes are Michael Thompson and Good Morning.

It's Friday, the twenty fifth of April twenty twenty five, an Zac Day. Welcome to the Fast five Business News by Fear and Greed, where we give you the top five business stories you need to know when it's five minutes are Michael Thompson and Good Morning.

Sean Ale, Good morning Michael Shawn.

Sean Ale, Good morning Michael Shawn.

Five stories five minutes. Let's go a story number one. The early polling signs for the federal opposition. I'm not looking too good.

Five stories five minutes. Let's go a story number one. The early polling signs for the federal opposition. I'm not looking too good.

No. Early exit polls suggest a swing towards the government of four percent. The most likely result until now has been a minority government, but one million Australians have now voted. That's in the first two days. There's a real chance of a majority government. News Corps surveyed four thousand people in nineteen battleground electorates in all jurisdictions except Western Australia in the Australian Capital Territory. They did that on Tuesday and Wednesday, basically two hundred people in those nineteen battleground electorates. They found a four point six percent swing towards labor compared to the twenty two election. Not a good sign for Peter Dunn and David little proud in the coalition.

No. Early exit polls suggest a swing towards the government of four percent. The most likely result until now has been a minority government, but one million Australians have now voted. That's in the first two days. There's a real chance of a majority government. News Corps surveyed four thousand people in nineteen battleground electorates in all jurisdictions except Western Australia in the Australian Capital Territory. They did that on Tuesday and Wednesday, basically two hundred people in those nineteen battleground electorates. They found a four point six percent swing towards labor compared to the twenty two election. Not a good sign for Peter Dunn and David little proud in the coalition.

No, it certainly isn't okay. Under story number two. Now, still in politics, Labor has promised to establish a critical minerals reserve as leverage with the Trump administration over tariffs.

No, it certainly isn't okay. Under story number two. Now, still in politics, Labor has promised to establish a critical minerals reserve as leverage with the Trump administration over tariffs.

Australia will spend one point two billion dollars establishing a national stockpile of coveted minerals needed in products like electric batteries, computers, military equipment. Very strategic decision. It is basically the world doesn't want to rely on China when it comes to these critical minerals. The US is obviously leading the way on that Australia has an advantage of having a lot of these critical minerals. And what Anthony Alberezi is saying, Peter Dunn, he's not agreeing, but he's not actually opposing it either. So what the politicians are saying is we should use this strategically. The PM announced the strategic Reserve to purchase and whole minerals like lithium, rare earth, nickel, cobalt and graphite do that via special agreements with local producers. Now there are fears that it may hurt the pricing of some of those products, but it as does seem that the ALP are supporting it and the Coalition isn't not supporting it.

Australia will spend one point two billion dollars establishing a national stockpile of coveted minerals needed in products like electric batteries, computers, military equipment. Very strategic decision. It is basically the world doesn't want to rely on China when it comes to these critical minerals. The US is obviously leading the way on that Australia has an advantage of having a lot of these critical minerals. And what Anthony Alberezi is saying, Peter Dunn, he's not agreeing, but he's not actually opposing it either. So what the politicians are saying is we should use this strategically. The PM announced the strategic Reserve to purchase and whole minerals like lithium, rare earth, nickel, cobalt and graphite do that via special agreements with local producers. Now there are fears that it may hurt the pricing of some of those products, but it as does seem that the ALP are supporting it and the Coalition isn't not supporting it.

Michael, all right, Sean, Now I'll just sty a number three. BHP will soon start a search for a new chief executive, with kee lieutenants already jostling for position to succeed Boss Mike Henry at the top of the world's biggest minor.

Michael, all right, Sean, Now I'll just sty a number three. BHP will soon start a search for a new chief executive, with kee lieutenants already jostling for position to succeed Boss Mike Henry at the top of the world's biggest minor.

The understanding at bhps that Henry is now headed towards the end of his tenure, according to company insiders reported on Bloomberg. They emphasize that no decision has been made Bloomberg's reporting a change could come as early as next year. The internal front runners for the role it seemed to be Geraldine Slattery, who heads the company's Australian minds, chief financial officer of Vandida pants been on the show, and ragna Ud, who runs the commercial team. The chief executive search will also include external candidates. I would say be HP and c BA Commonwealth Bank. There CS, those are the two top blue chip jobs in the country.

The understanding at bhps that Henry is now headed towards the end of his tenure, according to company insiders reported on Bloomberg. They emphasize that no decision has been made Bloomberg's reporting a change could come as early as next year. The internal front runners for the role it seemed to be Geraldine Slattery, who heads the company's Australian minds, chief financial officer of Vandida pants been on the show, and ragna Ud, who runs the commercial team. The chief executive search will also include external candidates. I would say be HP and c BA Commonwealth Bank. There CS, those are the two top blue chip jobs in the country.

Yeah, I think you're right there. Story Number four Nesle, the world's biggest food company, is booming on the back of higher chocolate and coffee prices, with the Swiss Group saying sales in the March quarter were higher than expected.

Yeah, I think you're right there. Story Number four Nesle, the world's biggest food company, is booming on the back of higher chocolate and coffee prices, with the Swiss Group saying sales in the March quarter were higher than expected.

Now we're talking about billions of dollars year, so when they say organic sales are up two point eight percent, more than the two and a half percent that people expected, that's actually significant. Double digit price increases for its coffee and chocolate occurred in many markets, so confectionary sales are up nine percent, coffee up five percent. Nesle had a great run this year on the back of those higher prices. Its share price is up seventeen percent, proving to be one of Europe's better performing stocks.

Now we're talking about billions of dollars year, so when they say organic sales are up two point eight percent, more than the two and a half percent that people expected, that's actually significant. Double digit price increases for its coffee and chocolate occurred in many markets, so confectionary sales are up nine percent, coffee up five percent. Nesle had a great run this year on the back of those higher prices. Its share price is up seventeen percent, proving to be one of Europe's better performing stocks.

Finally, sean story number five. It is, of course Anzac Day today, which has a very special meaning for many Australians. It is one hundred and nine years old, though it actually commemorates the Australian and New Zealand Soldiers expedition that set out to capture the Gallipoli Peninsula one hundred and ten years ago in nineteen to fifteen.

Finally, sean story number five. It is, of course Anzac Day today, which has a very special meaning for many Australians. It is one hundred and nine years old, though it actually commemorates the Australian and New Zealand Soldiers expedition that set out to capture the Gallipoli Peninsula one hundred and ten years ago in nineteen to fifteen.

It's part of Australian law. ANZAC, of course, stands for Australian and New Zealand Army Corps. Typically it's arts with a commemorative service at dawn. Now dawn is significant because that's the attack time at Glipley. It includes famous Anzac biscuits, of course, which apparently used to be square, not round. My grandmother only ever made in round ones ends up with the traditional two up, often at the pub or the local club. The last surviving Ansac was Alexander William Campbell, who passed away on sixteen May two thousand and two. Unlike the other countries engaged in World War One, conscription wasn't introduced into Australia, so all the Australians who fought in World War One, including Glipley, were volunteers. And I think that kind of goes to the heart of the meaning of Anzac for many of us, the fact that these people volunteered to go and fight for their country.

It's part of Australian law. ANZAC, of course, stands for Australian and New Zealand Army Corps. Typically it's arts with a commemorative service at dawn. Now dawn is significant because that's the attack time at Glipley. It includes famous Anzac biscuits, of course, which apparently used to be square, not round. My grandmother only ever made in round ones ends up with the traditional two up, often at the pub or the local club. The last surviving Ansac was Alexander William Campbell, who passed away on sixteen May two thousand and two. Unlike the other countries engaged in World War One, conscription wasn't introduced into Australia, so all the Australians who fought in World War One, including Glipley, were volunteers. And I think that kind of goes to the heart of the meaning of Anzac for many of us, the fact that these people volunteered to go and fight for their country.

All right, there we go, the top five stories in five minutes. Thank you Sean, Thank you Michael. It is Friday, the twenty fifth 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 are Michael Thompson. And that was the Fast five Business news by Fear and Greed. Had a great day.

All right, there we go, the top five stories in five minutes. Thank you Sean, Thank you Michael. It is Friday, the twenty fifth 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 are Michael Thompson. And that was the Fast five Business news by Fear and Greed. Had a great day.