It's Friday, the twenty eighth of March twenty twenty five. Welcome to the Fast five Business News by Fear and Greed, where we give you the top five business stories you need to know in just five minutes. I'm Michael Thompson and good morning Sean Aylmer.

It's Friday, the twenty eighth of March twenty twenty five. Welcome to the Fast five Business News by Fear and Greed, where we give you the top five business stories you need to know in just five minutes. I'm Michael Thompson and good morning Sean Aylmer.

Good morning, Michael Shawn.

Good morning, Michael Shawn.

Five stories to get through in five minutes. Let's go a story number one. The federal election could be called as early as today, with voters likely to go to the polls on Saturday, the third of May. The Prime Minister Anthony Abernezi is expected to visit the Governor General Sam Moston today and ask her to dissolve the current parliament. Now.

Five stories to get through in five minutes. Let's go a story number one. The federal election could be called as early as today, with voters likely to go to the polls on Saturday, the third of May. The Prime Minister Anthony Abernezi is expected to visit the Governor General Sam Moston today and ask her to dissolve the current parliament. Now.

Both campaigns have been ready to go for weeks, but excyclone Alfred delayed the trip to yar and Alumna, which is where the Governor General lives. Yesterday afternoon, mister Alberanzi said the election will be called imminently and assuming he does that today, the elections on May three. Let's say that's a thirty six day campaign. There was briefly a post four minutes in fact, a post on x saying the Department of Prime Minister and cabinet was in caretaker mode. That's what happens when you call an election. It was taken down, but not quickly enough for people not to notice it. As we head to an election, betting markets have a minority ALP government as he favored outcome in the important measure of therred, Prime Minister Anthony Albanezi still holds a lead over Peter Dunton. The election will be fought on cost of living issues, with the government putting its small tax cut announced in Tuesday's budget up against a twenty five cents a leader reduction in petrol prices promised by Opposition leader Peter Dutton last night.

Both campaigns have been ready to go for weeks, but excyclone Alfred delayed the trip to yar and Alumna, which is where the Governor General lives. Yesterday afternoon, mister Alberanzi said the election will be called imminently and assuming he does that today, the elections on May three. Let's say that's a thirty six day campaign. There was briefly a post four minutes in fact, a post on x saying the Department of Prime Minister and cabinet was in caretaker mode. That's what happens when you call an election. It was taken down, but not quickly enough for people not to notice it. As we head to an election, betting markets have a minority ALP government as he favored outcome in the important measure of therred, Prime Minister Anthony Albanezi still holds a lead over Peter Dunton. The election will be fought on cost of living issues, with the government putting its small tax cut announced in Tuesday's budget up against a twenty five cents a leader reduction in petrol prices promised by Opposition leader Peter Dutton last night.

The timing is interesting, isn't it. Sean making an announcement today and pretty much leaking it yesterday kind of crowds out the news cycle, meaning that not too many Aussies will have taken too much notice at mister Dutton's budget reply speech last.

The timing is interesting, isn't it. Sean making an announcement today and pretty much leaking it yesterday kind of crowds out the news cycle, meaning that not too many Aussies will have taken too much notice at mister Dutton's budget reply speech last.

Night, exactly the centerpiece of what Peter Dutton said was a promise to lower household costs by cutting the price of petrol via reducing excise tax on petroleum for a year. Theoretically that had cut the cost of petrol by about twenty five cents a lead about fourteen bucks a tank. That compares to the ten dollars tax cuts the Alberanezi government promised on Tuesday nights. We have tax cuts up against lower petrol prices. Experts say the election will be won in the outer suburbs, areas filling the pinch. Financially biggest city with all that, Sydney. Sydney's going to be very important in this election.

Night, exactly the centerpiece of what Peter Dutton said was a promise to lower household costs by cutting the price of petrol via reducing excise tax on petroleum for a year. Theoretically that had cut the cost of petrol by about twenty five cents a lead about fourteen bucks a tank. That compares to the ten dollars tax cuts the Alberanezi government promised on Tuesday nights. We have tax cuts up against lower petrol prices. Experts say the election will be won in the outer suburbs, areas filling the pinch. Financially biggest city with all that, Sydney. Sydney's going to be very important in this election.

Yeah, indeed, all right on to story number two. Bit of good news for travelers. Sean Australia has been accepted into the US Global Entry Program, allowing Australian tourists and business leaders and corporate travelers to join faster entry lanes when they arrive in the US.

Yeah, indeed, all right on to story number two. Bit of good news for travelers. Sean Australia has been accepted into the US Global Entry Program, allowing Australian tourists and business leaders and corporate travelers to join faster entry lanes when they arrive in the US.

Those days of hassles at LAXJFK are over. Maybe not. Federal Parliament has passed new laws providing for expedited clearance processes at American airports from July onwards. Membership for the Global Entry Program costs one hundred and ninety dollars in the last five years. Their programs available only for pre approved, low risk travelers who satisfy the US strict eligibility criteria. Now the US ranks as the sixth most popular tourist destination, with increasing numbers traveling to the US over the last three years. There is almost the only country in the top ten where the numbers remain well below pre COVID levels.

Those days of hassles at LAXJFK are over. Maybe not. Federal Parliament has passed new laws providing for expedited clearance processes at American airports from July onwards. Membership for the Global Entry Program costs one hundred and ninety dollars in the last five years. Their programs available only for pre approved, low risk travelers who satisfy the US strict eligibility criteria. Now the US ranks as the sixth most popular tourist destination, with increasing numbers traveling to the US over the last three years. There is almost the only country in the top ten where the numbers remain well below pre COVID levels.

Wow staring Number three. I love this one. Sean Canadian value retailer dollar Rama will buy local group the Reject Shop, paying more than twice what the company is valued at on the ASX.

Wow staring Number three. I love this one. Sean Canadian value retailer dollar Rama will buy local group the Reject Shop, paying more than twice what the company is valued at on the ASX.

Oh if only I had shares in the reject Shop two days ago, it's sharepace jumped are one hundred and eleven percent yesterday after dollar Rama offered six dollars sixty eight a share. Wednesday's closing price for the Reject Shop was three dollars fifteen. Chair of the retailer, Stephen Fisher said the bid was attractive really you think provides for shareholders of the board, and not surprisingly recommends investors take the offer.

Oh if only I had shares in the reject Shop two days ago, it's sharepace jumped are one hundred and eleven percent yesterday after dollar Rama offered six dollars sixty eight a share. Wednesday's closing price for the Reject Shop was three dollars fifteen. Chair of the retailer, Stephen Fisher said the bid was attractive really you think provides for shareholders of the board, and not surprisingly recommends investors take the offer.

Great story doing. Number four. Apple has updated its Maps app to display traditional Aboriginal names for places across Australia, joining companies like Quantas and Australia Posts. All of them do this now.

Great story doing. Number four. Apple has updated its Maps app to display traditional Aboriginal names for places across Australia, joining companies like Quantas and Australia Posts. All of them do this now.

The map's update has been a four year project, with Apple saying it's only scratched the surface in highlighting how technology can help preserve culture and enhance education. Apple's worked with indigenous advisors, cartographers, traditional owners, language holders, and community members to complete the automatic upgrade, which went live yesterday afternoon. According to the Australian Indigenous groups can also submit pictures of their local communities to create place cards, generate further awareness and similar updates being launched in New Zealand. It brings Australia into line with the US and Canada, where Apple's also displayed indigenous place names. Apple, of course, is taking on Google Maps in the global map battle. I myself M an Apple person. You're a Google person? Oh?

The map's update has been a four year project, with Apple saying it's only scratched the surface in highlighting how technology can help preserve culture and enhance education. Apple's worked with indigenous advisors, cartographers, traditional owners, language holders, and community members to complete the automatic upgrade, which went live yesterday afternoon. According to the Australian Indigenous groups can also submit pictures of their local communities to create place cards, generate further awareness and similar updates being launched in New Zealand. It brings Australia into line with the US and Canada, where Apple's also displayed indigenous place names. Apple, of course, is taking on Google Maps in the global map battle. I myself M an Apple person. You're a Google person? Oh?

Face off? Last one story number five. US President Donald Trump is placing twenty five percent tariffs on all auto imports, a move that he says will foster domestic manufacturing and help economic growth.

Face off? Last one story number five. US President Donald Trump is placing twenty five percent tariffs on all auto imports, a move that he says will foster domestic manufacturing and help economic growth.

Maybe, but the biggest opponents of the tariffs are actually the US car manufacturers in themselves, who source components from around the world, meaning they'll face higher costs. Tesla, for example, makes cars in Europe many days and up in the US. Twenty five percent tariff shares in general motors forward in Stilantas, which owns, Jeep and Crys some all fell on the news. In Asian markets, Toyota and Hoyundo's share prices also fell. Some of the local car parts groups like AARB and Babcorp Here on the A six they fell too. The tariff will kick in on April two, what Donald Trump is calling Liberation Day for the American economy. Trump is prompting to announce reciprocal tariffs on all of America's trading partners on that day.

Maybe, but the biggest opponents of the tariffs are actually the US car manufacturers in themselves, who source components from around the world, meaning they'll face higher costs. Tesla, for example, makes cars in Europe many days and up in the US. Twenty five percent tariff shares in general motors forward in Stilantas, which owns, Jeep and Crys some all fell on the news. In Asian markets, Toyota and Hoyundo's share prices also fell. Some of the local car parts groups like AARB and Babcorp Here on the A six they fell too. The tariff will kick in on April two, what Donald Trump is calling Liberation Day for the American economy. Trump is prompting to announce reciprocal tariffs on all of America's trading partners on that day.

All right, there we go, the top five business stories in five minutes. Thank you Sean, Thank you Michael. It is Friday, the twenty eighth of March 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 and Greed. Have a great day.

All right, there we go, the top five business stories in five minutes. Thank you Sean, Thank you Michael. It is Friday, the twenty eighth of March 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 and Greed. Have a great day.