Welcome to the Fear and Greed Business News Afternoon Report for Friday, the twenty eighth of March twenty twenty five. I'm Sean Almer. Every afternoon, we've got the five stories that happened today that you need to know about. Strow Number one. Australians will go to the polls on May three, after Prime Minister Anthony Albernizi visited the Governor General Sam Moston this morning and asked her to dissolve the current parliament. It's a thirty six day election campaign with the cost of living crisis front and center. Taxes, petrol and energy prices, and healthcare are set to dominate the campaign, at least in a policy sense. US President Donald Trump is already playing a bit role in the election, with Prime Minister Anthony Alberizi suggesting Opposition leader Peter Dunton was like mister Trump, something Peter Dunn tried to avoid all day. Strow number two. The S and PA six two hundred finished up just to touch today at seven nine hundred and eighty two points. The Prime Minister's election announcement pushed the market lower initially before it recovered moved into positive territory and then kind of ended up not really far away from where it started. Gold stocks did well. More on that surely, consumer staples did well. Wilworths and Coals both jumped more than one percent. Tech stocks were the underperformers among the large caps. The banks were mixed. The big miners were higher. Tolstra and Qbe were both up around two percent, while Goodwin Group finished down two percent. Stro number three gold miners with the strongest performers today after spot gold hit a new record high of just under three thousand and sixty five US dollars, an Ounce Romilius Resources, West African Resources, to Gray Mining, Regis Resources, Northern Star, Evolution Mining. They all performed very well today. The price of gold is being supported by the uncertainty around US tariff and economic policies. The asx's All Ordinary Gold sub index is up thirty two percent this year. Stroight number four. The potential entry of Canadian based at Dollar Rama into the local market via it's knockout two hundred and fifty nine million dollar bid the reject Shop will be a competitive threat to other operators such as Woollies and West Farmers. That's the view of analyst at Jarden who says doll Rama has some of the highest profit margins among global listed discount chains. Jarden recons it could bring a successful model to the reject shop, thus affecting the local outlook. Think Big w Kmart, Target and Office Works and Story number five. Canadian Prime Minister Mark Carney says that his country's old relationship with the United States is over and vows there'll be broad renegotiations of the trade agreement between the two countries. Carne said the tariff imposed by US President Donald Trump will force Canada to rethink and reshape its economy and seek reliable trading partners. Cantee's comments appeared to call them to question the future of the USMCA, which is the negotiated deal between US, Canada and Mexico. It was done during the previous Trump administration. It's been hailed as one of the world's most important trade deals, according to The Financial Times. Carne says Canada will fight American tariffs with retaliatory trade actions of its own that will have maximum impact in the US and minimum impact in Canada. That's it. The Afternoon Report for Friday, the twenty eighth of March twenty twenty five. Make sure you hit follow on the podcast. We will be back tomorrow morning with the weekend edition of the Fear and Greed Business News. I'm Sean Elmer. Enjoy your evening.

Welcome to the Fear and Greed Business News Afternoon Report for Friday, the twenty eighth of March twenty twenty five. I'm Sean Almer. Every afternoon, we've got the five stories that happened today that you need to know about. Strow Number one. Australians will go to the polls on May three, after Prime Minister Anthony Albernizi visited the Governor General Sam Moston this morning and asked her to dissolve the current parliament. It's a thirty six day election campaign with the cost of living crisis front and center. Taxes, petrol and energy prices, and healthcare are set to dominate the campaign, at least in a policy sense. US President Donald Trump is already playing a bit role in the election, with Prime Minister Anthony Alberizi suggesting Opposition leader Peter Dunton was like mister Trump, something Peter Dunn tried to avoid all day. Strow number two. The S and PA six two hundred finished up just to touch today at seven nine hundred and eighty two points. The Prime Minister's election announcement pushed the market lower initially before it recovered moved into positive territory and then kind of ended up not really far away from where it started. Gold stocks did well. More on that surely, consumer staples did well. Wilworths and Coals both jumped more than one percent. Tech stocks were the underperformers among the large caps. The banks were mixed. The big miners were higher. Tolstra and Qbe were both up around two percent, while Goodwin Group finished down two percent. Stro number three gold miners with the strongest performers today after spot gold hit a new record high of just under three thousand and sixty five US dollars, an Ounce Romilius Resources, West African Resources, to Gray Mining, Regis Resources, Northern Star, Evolution Mining. They all performed very well today. The price of gold is being supported by the uncertainty around US tariff and economic policies. The asx's All Ordinary Gold sub index is up thirty two percent this year. Stroight number four. The potential entry of Canadian based at Dollar Rama into the local market via it's knockout two hundred and fifty nine million dollar bid the reject Shop will be a competitive threat to other operators such as Woollies and West Farmers. That's the view of analyst at Jarden who says doll Rama has some of the highest profit margins among global listed discount chains. Jarden recons it could bring a successful model to the reject shop, thus affecting the local outlook. Think Big w Kmart, Target and Office Works and Story number five. Canadian Prime Minister Mark Carney says that his country's old relationship with the United States is over and vows there'll be broad renegotiations of the trade agreement between the two countries. Carne said the tariff imposed by US President Donald Trump will force Canada to rethink and reshape its economy and seek reliable trading partners. Cantee's comments appeared to call them to question the future of the USMCA, which is the negotiated deal between US, Canada and Mexico. It was done during the previous Trump administration. It's been hailed as one of the world's most important trade deals, according to The Financial Times. Carne says Canada will fight American tariffs with retaliatory trade actions of its own that will have maximum impact in the US and minimum impact in Canada. That's it. The Afternoon Report for Friday, the twenty eighth of March twenty twenty five. Make sure you hit follow on the podcast. We will be back tomorrow morning with the weekend edition of the Fear and Greed Business News. I'm Sean Elmer. Enjoy your evening.