1 00:00:04,800 --> 00:00:09,680 Speaker 1: Hello, Welcome to the update. I'm Michelle Stevenson all Foreign 2 00:00:09,680 --> 00:00:13,640 Speaker 1: Affairs has received confirmation an Australian prisoner of all belief 3 00:00:13,680 --> 00:00:16,240 Speaker 1: to have been killed in Russia is still alive and 4 00:00:16,320 --> 00:00:19,919 Speaker 1: in custody Melbourne. Man Oscar Jenkins had traveled to fight 5 00:00:19,960 --> 00:00:22,840 Speaker 1: for Ukraine when he was captured by Russian troops last year, 6 00:00:23,160 --> 00:00:26,560 Speaker 1: leading to reports he'd been killed, but Foreign Minister Penny 7 00:00:26,600 --> 00:00:28,880 Speaker 1: Wong has confirmed the thirty two year older is alive, 8 00:00:29,160 --> 00:00:33,720 Speaker 1: saying consular assistance is being provided to his family. The 9 00:00:33,720 --> 00:00:37,280 Speaker 1: Prime Minister isn't ruling out more energy bill relief in 10 00:00:37,360 --> 00:00:40,159 Speaker 1: the lead up to the next election. According to the 11 00:00:40,240 --> 00:00:43,080 Speaker 1: latest abs A data headline, inflation is at two point 12 00:00:43,159 --> 00:00:45,839 Speaker 1: four percent for the year to December, with a fall 13 00:00:45,920 --> 00:00:49,280 Speaker 1: of the cost of electricity. A big contributor, Anthony Albernezi 14 00:00:49,320 --> 00:00:51,400 Speaker 1: says the economy is a fine balancing act. 15 00:00:51,520 --> 00:00:55,280 Speaker 2: The rbi A meeting next month. The budget is due 16 00:00:55,960 --> 00:01:02,360 Speaker 2: in March twenty fifth, so we will continue to do 17 00:01:02,480 --> 00:01:04,640 Speaker 2: what we can on cost of living measures. 18 00:01:04,840 --> 00:01:08,800 Speaker 1: But Heddow treasurer Angus Taylor says even though inflation is easy, 19 00:01:09,160 --> 00:01:11,399 Speaker 1: prices are still much higher than they were a few 20 00:01:11,440 --> 00:01:11,920 Speaker 1: years ago. 21 00:01:12,120 --> 00:01:17,080 Speaker 3: That accumulated price increase, that accumulated pain for Australian households 22 00:01:17,280 --> 00:01:21,280 Speaker 3: is not going away. Indeed, we've seen the biggest collapse 23 00:01:21,360 --> 00:01:24,560 Speaker 3: in Australian's standard of living in our history, higher than 24 00:01:24,600 --> 00:01:25,840 Speaker 3: any of our peer countries. 25 00:01:26,280 --> 00:01:29,440 Speaker 1: An investigation is underway after what is believed to be 26 00:01:29,560 --> 00:01:33,399 Speaker 1: a caravan with explosives inside discovered on a property in 27 00:01:33,480 --> 00:01:36,720 Speaker 1: Sydney's Northwest. Reports are a note with the address of 28 00:01:36,800 --> 00:01:40,360 Speaker 1: Jewish targets was also discovered, with police working with the 29 00:01:40,360 --> 00:01:43,920 Speaker 1: AFP and other agencies on the investigation, there is no 30 00:01:44,080 --> 00:01:47,760 Speaker 1: ongoing threat to the community. A social media influence I 31 00:01:47,840 --> 00:01:51,440 Speaker 1: accused of poisoning her baby for clicks and likes has 32 00:01:51,480 --> 00:01:54,240 Speaker 1: been granted bail. The thirty four year old, who's facing 33 00:01:54,240 --> 00:01:58,800 Speaker 1: eleven serious charges including torture, cannot have physical contact with 34 00:01:58,880 --> 00:02:02,200 Speaker 1: her young bubb Though and Australia's wine exports to China 35 00:02:02,240 --> 00:02:05,200 Speaker 1: have bounced back ahead of the Lunar New Year. Export 36 00:02:05,320 --> 00:02:07,520 Speaker 1: values rose thirty four percent to more than two and 37 00:02:07,520 --> 00:02:11,520 Speaker 1: a half billion dollars after tariffs imposed by Beijing were lifted. 38 00:02:11,880 --> 00:02:16,320 Speaker 1: It's put entertainment to annexed to sport and Alexeiemnoor has 39 00:02:16,360 --> 00:02:18,960 Speaker 1: moved up to a career high world number six in 40 00:02:19,040 --> 00:02:22,280 Speaker 1: tennis rankings. The twenty five year old reached the Australian 41 00:02:22,360 --> 00:02:25,520 Speaker 1: Open quarter finals for the first time. Last week in 42 00:02:25,680 --> 00:02:28,880 Speaker 1: entertainment News, Now and Lord Is Leon led the NEPO 43 00:02:28,960 --> 00:02:32,280 Speaker 1: Stars at Saint Laurent's for Paris at fashion week show. 44 00:02:32,600 --> 00:02:36,240 Speaker 1: Madonna's daughter was joined by Zoe Kravitz and Iris Law, 45 00:02:36,280 --> 00:02:38,840 Speaker 1: who's the daughter of Jude Law, at the glamorous event. 46 00:02:39,400 --> 00:02:42,360 Speaker 1: Now Drake has touched down in Melbourne ahead of his 47 00:02:42,520 --> 00:02:46,960 Speaker 1: highly anticipated tour. The singer, whose concert kicks off Feb fourth, 48 00:02:47,240 --> 00:02:49,880 Speaker 1: taking his team to Nobu for a bite to eat. 49 00:02:50,320 --> 00:02:52,920 Speaker 1: And Gwyneth Palcho sold her La home she purchased with 50 00:02:53,000 --> 00:02:56,560 Speaker 1: ex Chris Martin for a whopping thirty five million Australian dollars, 51 00:02:56,720 --> 00:02:59,720 Speaker 1: the actress saying goodbye to her longtime abode. She looks 52 00:02:59,800 --> 00:03:03,480 Speaker 1: to downsize with her two kids moving out. That's the 53 00:03:03,600 --> 00:03:05,400 Speaker 1: latest with an over podcast news team. We'll have another 54 00:03:05,440 --> 00:03:07,919 Speaker 1: episode of the Update for you tomorrow. I'm Michelle Stevenson.