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  • Australian dollar: Flat at 64 US cents
  • Dow Jones: +0.8% to 41,841.6 points
  • S&P 500: +0.6% to 5,675.1 points
  • Nasdaq: +0.3% to 17,808.6 points
  • FTSE: +0.6% to 8,680.2 points
  • EuroStoxx: +0.8% to 5,445.5 points
  • Spot gold: +0.4% to $US3,012.7/ounce
  • Brent crude: +0.5% to $US71.40/barrel
  • Iron ore: Flat at $US102.65/tonne
  • Bitcoin: -1.3% to $US82,997.21

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GDP and inflation response to rate cuts (RBA)

CEO standing in the street
Andrew Irvine is worried about Trump tarrifs. (Supplied )

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  1. 1.An ongoing arbitration dispute with Warner Bros. Entertainment over the release of The Matrix Resurrections that began in February 2022; and
  2. 2.Unsuccessfully venturing into independent film and TV production from 2018-2020

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  • A crisis of grievance: There is a rising fear of discrimination, affecting 1 in 2 Australians, and a belief that hostile activism is a legitimate course of action for change (attacking people online, intentionally spreading disinformation, threatening or committing violence, or damaging public or private property). 
  • Business amid the crisis of grievance: 62% of Australians hold grievances against government, business and the rich, defined by the belief that government and business make their lives harder and serve narrow interests, and wealthy people benefit unfairly from the system while regular people struggle. 
  • All institutions must work to rebuild trust: Restoring trust requires cooperation between all four institutions. Australians believe NGOs have the best ability to fight divisiveness and repair societal fractures, however, are also seen as being ineffective without broader institutional support.