1 00:00:04,960 --> 00:00:09,800 Speaker 1: Hello, Welcome to the update. I'm Michelle Stevenson. Well, there 2 00:00:09,840 --> 00:00:12,920 Speaker 1: is fresh speculation and interest rate rises on the cards 3 00:00:13,039 --> 00:00:16,680 Speaker 1: after the latest inflation data came in hotter than expected. 4 00:00:16,960 --> 00:00:19,439 Speaker 1: The coxsumer prizing dex roads three point eight percent in 5 00:00:19,520 --> 00:00:21,680 Speaker 1: the twelve months to December. That was up from three 6 00:00:21,680 --> 00:00:25,160 Speaker 1: point four to November. The end of electricity subsidies and 7 00:00:25,280 --> 00:00:27,600 Speaker 1: a jump in tourism is being tipped as the reason 8 00:00:27,640 --> 00:00:30,800 Speaker 1: for the high reading. Treasure Jim Chalmers rejects claims that 9 00:00:31,000 --> 00:00:32,879 Speaker 1: government spending is to blame in Australia. 10 00:00:32,880 --> 00:00:34,880 Speaker 2: We've got to remember we've just had, of the course 11 00:00:34,880 --> 00:00:37,839 Speaker 2: of the last twelve months or so, three interest rate cuts. 12 00:00:38,080 --> 00:00:40,400 Speaker 2: Our second point is if you look at the public 13 00:00:40,440 --> 00:00:44,200 Speaker 2: commentary from the Reserve Bank, they haven't identified public spending 14 00:00:44,240 --> 00:00:44,920 Speaker 2: as a factor. 15 00:00:45,360 --> 00:00:48,000 Speaker 1: But Deputy Liberal leader ted O Brian says labor is 16 00:00:48,040 --> 00:00:49,720 Speaker 1: unable to manage the economy. 17 00:00:49,880 --> 00:00:54,240 Speaker 3: What is an absolute certainty is labor will continue to 18 00:00:54,560 --> 00:00:58,120 Speaker 3: waste taxpayer money. And when labor runs out of money, 19 00:00:58,160 --> 00:00:59,960 Speaker 3: we know what they do. They just come after more, 20 00:01:00,040 --> 00:01:02,400 Speaker 3: which is why taxes will go up and debt is 21 00:01:02,520 --> 00:01:04,000 Speaker 3: likely to hit one trillion dollars. 22 00:01:04,319 --> 00:01:07,320 Speaker 1: National MP Colin Boyce has admitted he hasn't done the 23 00:01:07,400 --> 00:01:10,800 Speaker 1: numbers ahead of his challenge for the party's leadership. Nationals 24 00:01:10,880 --> 00:01:13,440 Speaker 1: leader David Little Proud will face a spill motion on 25 00:01:13,560 --> 00:01:17,520 Speaker 1: Monday after mister Boyce declared the party needs the Liberals. 26 00:01:17,680 --> 00:01:21,040 Speaker 1: The Queensland backbencher says he's welcome to become the new leader. 27 00:01:21,240 --> 00:01:24,960 Speaker 4: It's highly likely that I won't win. I understand that 28 00:01:25,080 --> 00:01:28,480 Speaker 4: the point of the exercise is here. My colleagues will 29 00:01:28,480 --> 00:01:32,440 Speaker 4: make their decision and their political future will be by 30 00:01:32,480 --> 00:01:33,800 Speaker 4: their own hand. Well. 31 00:01:33,840 --> 00:01:38,000 Speaker 1: Australia's construction sector is apparently facing a mental health crisis 32 00:01:38,040 --> 00:01:40,440 Speaker 1: as the industry really struggles to meet the one point 33 00:01:40,440 --> 00:01:44,679 Speaker 1: two million housing target. Building advocates say the combination of 34 00:01:44,720 --> 00:01:47,560 Speaker 1: production goals and the shrinking pool of workers has left 35 00:01:47,600 --> 00:01:52,320 Speaker 1: tradees overstretched. Thousands of Apple users are being worn to 36 00:01:52,520 --> 00:01:55,920 Speaker 1: check their older devices submit fears they may be blocked 37 00:01:55,920 --> 00:01:59,240 Speaker 1: from reaching triple zero. The tech giant has expanded its 38 00:01:59,280 --> 00:02:02,160 Speaker 1: warning beyond the iPhone twelve, covering a larger range of 39 00:02:02,200 --> 00:02:06,440 Speaker 1: older models, and Watchers and Queensland astronomers have helped discover 40 00:02:06,520 --> 00:02:10,560 Speaker 1: a potentially habitable planet within our galaxy. It's one hundred 41 00:02:10,639 --> 00:02:13,440 Speaker 1: and fifty light years away from Earth and orbits a 42 00:02:13,560 --> 00:02:17,400 Speaker 1: sunlike stuff. It is around six percent larger than Earth itself. 43 00:02:17,440 --> 00:02:22,040 Speaker 1: Sport and entertainment to annext to sport in Sydney, Swan's 44 00:02:22,040 --> 00:02:24,320 Speaker 1: captain Callum Mills says he's ready to return to full 45 00:02:24,360 --> 00:02:27,240 Speaker 1: training after playing just nineteen games across the past two 46 00:02:27,320 --> 00:02:30,799 Speaker 1: AFL seasons, and the Diamonds have named their twelve players 47 00:02:30,800 --> 00:02:34,760 Speaker 1: squad for their upcoming netball series against Jamaica. In entertainment, 48 00:02:34,760 --> 00:02:37,040 Speaker 1: he is now. Ryan Reynolds has broken his silence on 49 00:02:37,120 --> 00:02:40,680 Speaker 1: Blake Lively's unsealed texts in the Justin Baldoni case, the 50 00:02:40,800 --> 00:02:43,240 Speaker 1: actor admitting that he doesn't regret getting involved in all 51 00:02:43,240 --> 00:02:47,400 Speaker 1: the drama, adding that what husband wouldn't support his wife well? 52 00:02:47,400 --> 00:02:49,720 Speaker 1: The kid le Roy has well and truly moved on 53 00:02:49,760 --> 00:02:52,320 Speaker 1: from his split with Tate McCray. The Aussie star spoted 54 00:02:52,320 --> 00:02:54,080 Speaker 1: watching a bit of tennis in the Ods open with 55 00:02:54,160 --> 00:02:58,000 Speaker 1: director and producer Sophie Hm and Grazie Abrams has deleted 56 00:02:58,000 --> 00:03:01,639 Speaker 1: a TikTok account after accumulating more than three million followers 57 00:03:01,639 --> 00:03:03,679 Speaker 1: fans of the singer, claimbing she was unhappy with the 58 00:03:03,720 --> 00:03:08,000 Speaker 1: platform's new data collection and censorship policies. That's the latest 59 00:03:08,000 --> 00:03:09,880 Speaker 1: from the over podcast news team. I'll have another episode 60 00:03:09,880 --> 00:03:12,000 Speaker 1: of The Update for you tomorrow by Michelle Stevenson.