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Speaker 1: Hello, and welcome to the update. I'm Ti Lisa Rider.

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Speaker 1: The Reserve Bank will start its two day meeting today

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Speaker 1: with a country interest rates widely expected. Governor Michelle Bullock

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Speaker 1: will announce the RBA's cash rate decision tomorrow. Markets are

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Speaker 1: predicting an eighty five percent chance the Bank delivers its

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Speaker 1: first rate cuts since twenty twenty. The Alberanzi government's approval

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Speaker 1: rating has hit a record low of minus twenty one.

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Speaker 1: The latest newsport shows the coalition has retained a two

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Speaker 1: party preferred lead over Labor at fifty one to forty

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Speaker 1: nine percent, but Anthony Alberanzi remains preferred Prime Minister over

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Speaker 1: Peter Dutton. Senior Labor Minister Clara O'Neill says it's been

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Speaker 1: a difficult economic period for Ossie's and the government is

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Speaker 1: doing what it can to ease cost of living pressures.

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Speaker 2: We've got up out of bed every day and we've

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Speaker 2: thought how can we make this situation easier for Australia's

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Speaker 2: and also carry us through this period. Don't forget that

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Speaker 2: unemployment in Australia is low and we've taken inflation from

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Speaker 2: having a six in front of it to having it

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Speaker 2: to in front of it.

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Speaker 1: Australia's peak building and construction body says new report highlights

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Speaker 1: an urgent need for a form in the sector. The

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Speaker 1: Productivity Commission is found half as many homes are being

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Speaker 1: built now for every hour work compared to thirty years ago.

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Speaker 1: It also considers a lack of innovation and scale. Master

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Speaker 1: Builders Chief Executive Danita warn says a number of issues

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Speaker 1: need to be addressed.

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Speaker 3: This has been decades in the making and it is

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Speaker 3: critical that we need to address those productivity reforms. That

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Speaker 3: includes the flexibility required of regulation. That means more people.

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Speaker 3: It means people that can work flexibly.

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Speaker 1: Overseas and European leaders are meeting for an emergency summat

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Speaker 1: in Paris as the United States pushes to bring an

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Speaker 1: end to the war in Ukraine. US President Donald Trump

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Speaker 1: wants to meet his Russian counterpart, Vladimir Putin in person,

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Speaker 1: but there are concerns any deal would damage European security.

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Speaker 1: And a drug that cuts the risk of cardiovascular events

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Speaker 1: you know, beest patients by twenty percent, has been given

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Speaker 1: the green light. Several successful trials led to the semi

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Speaker 1: glue tide drug being approved by the TGA. It's the

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Speaker 1: first time Assi's will be able to use injection based

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Speaker 1: medication for weight loss. Sport and entertainment are next. In sport,

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Speaker 1: the Southeast Melbourne Phoenix have pulled off an impressive comeback

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Speaker 1: victory to reach the NBL Semifinals. They managed to close

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Speaker 1: a twenty one point deficit to be the Adelaide thirty

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Speaker 1: six's by ten points at John Kine Arena. The Phoenix

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Speaker 1: will now take on the Ilawarra Hawks. Chilean golfer Joaqui

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Speaker 1: Niemann has taken home a four million dollar pay check

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Speaker 1: after winning the live golf event at the Grange in Adelaide.

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Speaker 1: Mike Leishman the best for the Aussies and Australian Molly

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Speaker 1: Picklam has finished a runner up at the World Surf

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Speaker 1: League event at the Abu Dhabi Wavepool. In entertainment news,

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Speaker 1: the stars have packed the red carpet for the fiftieth

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Speaker 1: anniversary special of Saturday Night Live, Miley Cyrus, Sabrina Carpenter,

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Speaker 1: Lady Gaga, Kim Kardashian and Amy Schumer leading the arrivals.

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Speaker 1: Shakira has been hospitalized with abdominal pain, forcing her to

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Speaker 1: cancel her show in Peru. She's taken to Instagram to

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Speaker 1: apologize to her fans, saying she was forced to pull

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Speaker 1: the pin on doctors' orders and wicked. Cynthia Revo and

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Speaker 1: Demi Mour have missed out in the Leading Actress category

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Speaker 1: at the Baptist, Mikey Madison instead taking out the win

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Speaker 1: for Anora. And that's the Later. It's from the Nova

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Speaker 1: Podcast newsroom. We'll have another episode of the Update for

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Speaker 1: you later on