1 00:00:04,680 --> 00:00:08,119 Speaker 1: Hello, and welcome to the update. I'm Michelle Stevenson. 2 00:00:08,880 --> 00:00:09,040 Speaker 2: Well. 3 00:00:09,039 --> 00:00:12,840 Speaker 1: The Energy Minister has lashed out at people's stockpiling and 4 00:00:12,960 --> 00:00:16,759 Speaker 1: reselling fuel as un Australian. The government is preparing to 5 00:00:16,800 --> 00:00:20,560 Speaker 1: tap into Australia's fuel stockpile, releasing seven hundred and sixty 6 00:00:20,560 --> 00:00:23,840 Speaker 1: two million leaders of petrol and diesel as regional areas 7 00:00:23,960 --> 00:00:27,440 Speaker 1: run dry. But Chris Bowen has slammed those cashing in 8 00:00:27,600 --> 00:00:30,280 Speaker 1: on panic around a potential fuel shortage. 9 00:00:30,400 --> 00:00:32,640 Speaker 2: I asked Australian spy, as much fuel as you need, 10 00:00:32,880 --> 00:00:35,239 Speaker 2: no more, no less. There are other people I've seen 11 00:00:35,280 --> 00:00:38,640 Speaker 2: it on Facebook marketplace filling up Jerry cans. Bunning's running 12 00:00:38,640 --> 00:00:42,360 Speaker 2: out of Jerry cans, going off Facebook marketplace selling fuel 13 00:00:42,400 --> 00:00:44,960 Speaker 2: at inflator prices. That is un Australian. 14 00:00:45,280 --> 00:00:49,120 Speaker 1: Well Liberal leader Angus Teller says measures like this should 15 00:00:49,159 --> 00:00:49,880 Speaker 1: have happened sooner. 16 00:00:50,040 --> 00:00:53,760 Speaker 3: This minister has been asleep at the wheel. I mean, 17 00:00:53,800 --> 00:00:57,360 Speaker 3: I've been hearing from my constituents and others around Australia 18 00:00:57,360 --> 00:01:01,640 Speaker 3: about their inability to get fuel supplies far truckers and others, 19 00:01:02,080 --> 00:01:04,760 Speaker 3: and Chris Bowen simply wasn't listening. 20 00:01:05,000 --> 00:01:09,360 Speaker 1: Meantime, China, which is Australia's largest supplier of aviation fuel, 21 00:01:09,480 --> 00:01:12,440 Speaker 1: is halting oil exports for this month as it waits 22 00:01:12,520 --> 00:01:14,880 Speaker 1: out the war in the Middle East. The move could 23 00:01:14,880 --> 00:01:18,679 Speaker 1: put further pressure on airfares with an increase concern about 24 00:01:18,680 --> 00:01:22,360 Speaker 1: future shortages. It's not expected to impact US though for 25 00:01:22,400 --> 00:01:26,040 Speaker 1: a few weeks yet. The GSTA pot has been carved up, 26 00:01:26,080 --> 00:01:29,720 Speaker 1: with wa the big winner, its share rising from eight 27 00:01:29,720 --> 00:01:32,440 Speaker 1: point three percent to nine point one which equates to 28 00:01:32,680 --> 00:01:36,399 Speaker 1: just over nine billion dollars. In South Wales, Isworth's off 29 00:01:36,440 --> 00:01:39,520 Speaker 1: though set to receive its lowest share since the tax 30 00:01:39,640 --> 00:01:42,720 Speaker 1: was introduced. The state to pocket one point seven billion 31 00:01:42,760 --> 00:01:46,080 Speaker 1: dollars less than their neighbor's Victoria, and that's despite having 32 00:01:46,120 --> 00:01:48,960 Speaker 1: a larger population. Well, one of the big four banks 33 00:01:49,000 --> 00:01:52,280 Speaker 1: has already jumped the gun, hiking borrowing costs for homeowners 34 00:01:52,360 --> 00:01:56,200 Speaker 1: before the Reserve Bank meets next week. Ainz has revealed 35 00:01:56,360 --> 00:01:58,600 Speaker 1: it will lift its fixed rate by a quarter of 36 00:01:58,640 --> 00:02:02,200 Speaker 1: a percent, and our own Bays Blues Music Festival has 37 00:02:02,280 --> 00:02:06,240 Speaker 1: been canceled just three weeks out the event, citing increasing 38 00:02:06,280 --> 00:02:09,520 Speaker 1: operating costs and a challenging environment for live events, with 39 00:02:09,600 --> 00:02:13,560 Speaker 1: ticket sales down. Sport entertainment to next to Sport and 40 00:02:13,639 --> 00:02:15,880 Speaker 1: Queensland could be at risk of losing twenty thirty two 41 00:02:15,919 --> 00:02:19,880 Speaker 1: Olympic rowing and canoeing comps to Sydney. Sports officials believe 42 00:02:20,000 --> 00:02:25,200 Speaker 1: the Kroc infested Fitzroy River isn't suitable for Olympic standard competitions. 43 00:02:25,680 --> 00:02:29,480 Speaker 1: Now in your Entertainment News and Zendaia has similarly confirmed 44 00:02:29,520 --> 00:02:33,160 Speaker 1: her secret nuptials to Tom Holland while walking the red carpet, 45 00:02:33,480 --> 00:02:36,200 Speaker 1: the actor flashing her hands to the crowd with what 46 00:02:36,440 --> 00:02:39,240 Speaker 1: appeared to be a gold band on that finger. When 47 00:02:39,320 --> 00:02:42,400 Speaker 1: she was asked about the wedding boy, George just dished 48 00:02:42,440 --> 00:02:45,400 Speaker 1: out some Showby's advice for chaperone. After viewing footage of 49 00:02:45,440 --> 00:02:48,600 Speaker 1: the singer clashing with perhaps in Paris, the icon has 50 00:02:48,720 --> 00:02:51,720 Speaker 1: urged her to relax and enjoy the fame while it lasts, 51 00:02:52,160 --> 00:02:54,520 Speaker 1: and tickets for The Devil Wears prior to to and 52 00:02:54,639 --> 00:02:58,160 Speaker 1: now on sale. The iconic movie sequels set to hit 53 00:02:58,160 --> 00:03:01,120 Speaker 1: Ozzie screens April thirty. That's the last from the NOV 54 00:03:01,160 --> 00:03:03,000 Speaker 1: podcast news team. I have another episode of the Update 55 00:03:03,000 --> 00:03:04,520 Speaker 1: for you tomorrow. I'm Michelle Stephenson,