1 00:00:04,840 --> 00:00:08,600 Speaker 1: Hello, and welcome to the update. I'm Michelle Stevenson. The 2 00:00:08,640 --> 00:00:11,880 Speaker 1: opposition is blaming three labor budgets for Australia's cost of 3 00:00:11,920 --> 00:00:15,440 Speaker 1: living crisis, after the RBA revealed it was considering an 4 00:00:15,440 --> 00:00:19,319 Speaker 1: interest rate hike. After yesterday's meeting, the Central Bank left 5 00:00:19,400 --> 00:00:21,800 Speaker 1: the official cash rate on hold at four point three 6 00:00:21,920 --> 00:00:25,960 Speaker 1: five percent, warning that inflation won't reach target levels until 7 00:00:26,040 --> 00:00:29,560 Speaker 1: late next year. Liberally to Peter Darton says, even the 8 00:00:29,640 --> 00:00:32,960 Speaker 1: RBA conceeds, inflation is a home grown problem. 9 00:00:33,080 --> 00:00:35,320 Speaker 2: The government has pumped three hundred and fifteen billion dollars 10 00:00:35,360 --> 00:00:39,960 Speaker 2: additional money into the economy, so that's fueled inflation. The 11 00:00:40,000 --> 00:00:44,400 Speaker 2: government's renewables only policy is what's resulted in higher energy costs, 12 00:00:44,440 --> 00:00:46,920 Speaker 2: not just electricity, but gas costs as well well. 13 00:00:47,040 --> 00:00:50,159 Speaker 1: RBA Chief economist Sarah Hunter has told a Cost of 14 00:00:50,200 --> 00:00:53,880 Speaker 1: Living inquiry the Central Bank is tracking public spending. 15 00:00:53,479 --> 00:00:55,560 Speaker 3: And what we actually see coming through the data as well, 16 00:00:55,680 --> 00:00:58,040 Speaker 3: how projects are progressing on some of the big infrastructure 17 00:00:58,720 --> 00:01:01,600 Speaker 3: activity that's happening here in Sydney, for instance, a lot 18 00:01:01,600 --> 00:01:03,400 Speaker 3: of the work around the bridge and the tunneling of 19 00:01:03,480 --> 00:01:05,600 Speaker 3: things that this is big enough that it's we can 20 00:01:05,640 --> 00:01:07,360 Speaker 3: see it coming through in the aggregate data. 21 00:01:07,760 --> 00:01:11,600 Speaker 1: Locals say four illegal fishing boats intercepted off at WA's 22 00:01:11,680 --> 00:01:15,440 Speaker 1: Kimberley coast, where each carrying around twelve men. The boats 23 00:01:15,480 --> 00:01:18,000 Speaker 1: were first spotted by a group of traditional owners and 24 00:01:18,040 --> 00:01:22,119 Speaker 1: tourism operators. Sucky Mangroves, around three hundred and seventy kilometers 25 00:01:22,200 --> 00:01:25,959 Speaker 1: northeast of Broom Ozzie's, are being urged not to travel 26 00:01:25,959 --> 00:01:29,200 Speaker 1: to Bangladesh in the wake of a violent student led uprising. 27 00:01:29,600 --> 00:01:33,480 Speaker 1: Demonstrators have stormed the Prime Minister's palace unhappy with what 28 00:01:33,560 --> 00:01:37,720 Speaker 1: they say was a repressive regime, and a city warehouse 29 00:01:37,760 --> 00:01:40,920 Speaker 1: worker is accused of stealing more than sixty thousand limited 30 00:01:41,040 --> 00:01:45,080 Speaker 1: edition Bluey coins and selling them online. Strike Force Bandit 31 00:01:45,240 --> 00:01:47,280 Speaker 1: swooped in on the forty seven year old man, charging 32 00:01:47,360 --> 00:01:51,280 Speaker 1: him with theft. It's port entertainment annexed to sport in 33 00:01:51,320 --> 00:01:53,840 Speaker 1: at the Paris Games, Arisatruz gold medal in the women's 34 00:01:53,840 --> 00:01:57,720 Speaker 1: park skateboarding hars Australia within striking distance of a record 35 00:01:57,760 --> 00:02:00,840 Speaker 1: Olympic hall. We have fourteen goals, just three short of 36 00:02:00,880 --> 00:02:04,480 Speaker 1: our highest tally of seventeen at the Tokyo and Athens Games. 37 00:02:04,880 --> 00:02:06,880 Speaker 1: In her entertainment news now, and Blake Lively has paid 38 00:02:06,880 --> 00:02:11,560 Speaker 1: homage to Britney's iconic Versace dress, the actress looking pretty 39 00:02:11,560 --> 00:02:13,560 Speaker 1: glam as she walked to the red carpet in it 40 00:02:13,800 --> 00:02:16,840 Speaker 1: for her new movie It Ends with Us. Now, j 41 00:02:16,919 --> 00:02:19,280 Speaker 1: Loo has been spotted checking out a twenty two million 42 00:02:19,320 --> 00:02:23,160 Speaker 1: dollar bachelorette pad in Beverly Hills after the breakdown of 43 00:02:23,160 --> 00:02:25,520 Speaker 1: her marriage to Ben Alfleck. The fifty five year old 44 00:02:25,520 --> 00:02:27,920 Speaker 1: star has toured the new home after being forced to 45 00:02:27,960 --> 00:02:31,800 Speaker 1: downsize from her sixty million dollar Maritual mansion ahead of 46 00:02:31,800 --> 00:02:35,720 Speaker 1: her imminent divorce filing. And Kate Winslet has revealed a 47 00:02:35,760 --> 00:02:38,400 Speaker 1: crew member on her latest movie project told her to 48 00:02:38,480 --> 00:02:41,560 Speaker 1: cover up her belly rolls while filming. The forty eight 49 00:02:41,680 --> 00:02:44,119 Speaker 1: year old Oscar winner opening up about the incident as 50 00:02:44,120 --> 00:02:47,440 Speaker 1: she posed topless for Harper's Bizarre And that's the latest 51 00:02:47,440 --> 00:02:49,600 Speaker 1: from the Nova Podcast news team. We'll have another episode 52 00:02:49,600 --> 00:02:52,000 Speaker 1: of the Update for you tomorrow. I'm Michelle Stevenson.